News & Analysis

Kruse sues customers to satisfy its debt

January 3, 2010
Associated Press
The Auburn-based auto auction has filed lawsuits in DeKalb County seeking more than $2 million and plans to file up to 15 more lawsuits in the next several weeks.
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Some of city's most successful money managers are father-son teams

January 2, 2010
Peter Schnitzler
All parents hope to teach their kids the value of money. Few end up successfully investing hundreds of millions of dollars together. But for a handful of top local teams, wealth management is a family affair.
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Steak n Shake slashes restaurant spending as CEO hoards cash

January 2, 2010
Cory Schouten
From 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment for existing ones. In 2009, the locally based chain spent just $5.8 million.
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Renewable power focus of utility reform in 2010 LegislatureRestricted Content

January 2, 2010
Chris O'Malley
The Hoosier Environmental Council and Citizens Action Coalition see an expansion of the state’s “net metering” policy as achievable during the short legislative session that starts Jan. 5.
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Health care software firm RealMed regains momentum

January 2, 2010
Peter Schnitzler
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors in 2009. Employment at the company is rising after a steady decline.
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Fairgrounds' digital billboard is exception to county banRestricted Content

January 2, 2010
Cory Schouten
Clear Channel Outdoor is building Marion County’s first full-size digital billboard along Fall Creek Parkway on the grounds of the Indiana State Fair. The first message might as well be: Take that, Indianapolis!
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Indiana pushes firms toward electric vehicles, but has few of its ownRestricted Content

January 2, 2010
Chris O'Malley
State government hasn’t put much money toward becoming a leader among states integrating hybrids into their massive vehicle fleets.
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School foundations step up to pay for programs as funding dries upRestricted Content

January 2, 2010
Kathleen McLaughlin
The Washington Township Schools Foundation on the north side is among those that wants to raise money for buildings and other high-cost needs.
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Grass-roots groups prepare to fill gaps in health care reform

January 2, 2010
J.K. Wall
Legislation set to come out of Washington will not change the most fundamental problems of the health care system, leaving it up to states, cities and companies to figure out what to do about it.
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Indiana lawmakers looking for cheap ways to impress

January 1, 2010
Associated Press
In an election year with a big reward—the potential to redraw political maps for the next decade—lawmakers are looking to impress voters.
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Real estate lawsuit pits Situs vs. Situs

December 31, 2009
Peter Schnitzler
Texas real estate consultancy sues local brokerage over rights to name they both share.
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Skillman grows with Reeves acquisition

December 31, 2009
Chris O'Malley
Ray Skillman's purchase of Reeves Buick Pontiac means more shuffling of area dealerships.
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Ruth Lilly remembered for 'selfless' giving

December 31, 2009
Andrea Muirragui Davis
Lilly, 94, who died Wednesday, gave away hundreds of millions of dollars of her fortune during her lifetime.
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Indiana nears 1M mark in swine-flu vaccinations

December 31, 2009
Associated Press
So far this year, 35 people have died in Indiana from swine flu.
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Eli Lilly and Co. heiress Ruth Lilly dies at 94

December 31, 2009
Associated Press
Over the course of her life, the last surviving great-grandchild of pharmaceutical magnate Eli Lilly gave away much of her inheritance.
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Irsay calls decision a 'close call,' but 'courageous'

December 30, 2009
Anthony Schoettle
Indianapolis Colts team owner says he doesn't expect fan backlash over pulling starters in loss to last long.
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St. Francis sues OrthoIndy over new surgery center

December 30, 2009
Peter Schnitzler
Legal complaint alleges new $20 million facility in Greenwood breaches partnership deal struck in 2001.
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Would-be buyer: Durham double-dipped on Duesenberg deal

December 30, 2009
Andrea Muirragui Davis
Tim Durham struck a deal to sell a vintage Duesenberg for $1 million before auctioning off the same vehicle for $2.9 million, according to the small-town Michigan mayor who said he agreed to buy it.
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Upgrade money for former coke plant goes to community projects

December 30, 2009
Staff Report
Citizens Energy Group is redirecting to community groups more than $413,000 that it was to spend on environmental upgrade projects at its former coke oven facility in Indianapolis, which closed in 2007.
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Assessor predicts 2010 property tax bills will be on time

December 30, 2009
Peter Schnitzler
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since 2006.
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Mark Patrick hired by WNDE to replace JMV

December 29, 2009
Anthony Schoettle
Mark Patrick has been hired to replace JMV as the afternoon drive-time host on sports-talk station WNDE-AM 1260, heating up the battle with cross-town rival WFNI-AM 1070.
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Radio station WNTR-FM launches interactive format

December 29, 2009
Anthony Schoettle
WNTR-FM 107.9 has scrapped "The Track" format and tries new approach with an emphasis on listener requests.
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PNC battling to keep NatCity's private banking business

December 29, 2009
Scott Olson
PNC Financial is still digesting its $5.6 billion acquisition of National City Corp., but a quiet fight almost certainly is under way over its lucrative private banking clients.
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Stifel, Rokita reach settlement in auction-rate securities case

December 28, 2009
Peter Schnitzler
Agreement accelerates Stifel's repayment of $54 million in auction-rate securities sold to 142 Hoosier investors.
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Location, personal touch drive tasting room growth

December 28, 2009
Andrea Muirragui Davis
Upland Brewing Co. and Chateau Thomas Winery are broadening their use of tasting rooms, opening outlets far from their production facilities in hopes of attracting new customers.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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