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News & Analysis
Warner Transitional Services to close, lay off 112
May 8, 2013
IBJ StaffWarner relies on funds from the Indiana Family and Social Administration, but the FSSA recently decided to end that funding
after numerous complaints against the company went unresolved.
MoreCircle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreWoof Boom to acquire 6 area radio stations
May 8, 2013
Mason KingAn Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations
at the stations, including three in Muncie, on June 1.
MoreIndiana's honey bee colonies see 30-percent drop
May 8, 2013
Associated PressIndiana's honey bee populations are taking a hit from a mysterious disorder that's devastating bee colonies across
the nation.
MoreSubaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MoreHamilton County voters approve school referendums
May 7, 2013
IBJ StaffA $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville
High School were approved by voters Tuesday.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
MorePence signs sentencing, IEDC-transparency bills
May 7, 2013
Associated PressIndiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development
deals, one related to school safety and another overhauling criminal sentencing.
MoreCentral Indiana county not blocking wind farm plans
May 7, 2013
Associated PressDelaware County commissioners decided Monday that they won't take immediate action on a moratorium to block a proposed wind
farm.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreArt imitates life in commercial based on Kosene family
May 7, 2013
Chris O'MalleyFormer Indianapolis filmmaker Alex Kosene bases the story in a local advertising shoot for a Swiss watchmaker on his relationship
with his developer dad.
MoreBrowning exec Dye joining The Whitsett Group
May 7, 2013
Scott OlsonDennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning
totaling about 20 years.
MoreIndiana farmers still far behind planting corn crop
May 7, 2013
Associated PressThe federal government's weekly crop report says 8 percent of the Indiana corn crop was planted as of Sunday, well behind
the 82 percent planted by the same time last year.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreInteractive Intelligence sees higher profit on more orders
May 6, 2013
IBJ StaffInteractive Intelligence Group Inc. saw earnings jump to $1.46 million in the first quarter as sales orders rose 31 percent.
MoreJudge grants class status to lawsuit against BMV
May 6, 2013
Associated PressAs many as 4 million Indiana drivers could become plaintiffs in a lawsuit alleging the Indiana Bureau of Motor Vehicles has
overcharged for driver's licenses since 2007.
MoreLilly CEO to step down temporarily due to surgery
May 6, 2013
J.K. WallJohn Lechleiter has been suffering from a dilated aorta, Eli Lilly and Co. said Monday. Current CFO Derica Rice will take
his place until later this summer.
MoreBiosciences institute aims for $300M endowment
May 6, 2013
J.K. WallThe effort to launch the Indiana Biosciences Research Institute got $25 million from the Legislature, but the life sciences
institutions backing the effort have set their funding sights much higher.
MoreLilly's sales-force restructuring to affect 1,600-plus
May 6, 2013
J.K. WallLilly will eliminate 1,624 positions from its U.S. sales force in July, according to a notice the company made to state officials.
But some of those workers may be rehired by the firm.
MoreDeveloper shelves plan to buy city land, build Meijer
May 6, 2013
Scott OlsonOpus Development Corp.'s proposal for the project north of downtown included buying and bulldozing dozens of historic homes
in the Flanner House neighborhood.
MoreIndiana Amtrak riders suggest more frequent trains
May 6, 2013
Associated PressState officials are studying the estimated $4 million to $5 million a year it might cost to continue Amtrak's Hoosier State
service between Indianapolis and Chicago.
MoreLilly taking hard look at Pfizer's new Viagra strategy
May 6, 2013
Associated PressMajor drugmakers, including Indianapolis-based Eli Lilly and Co., are closely watching Pfizer Inc.'s plan to sell Viagra directly
to consumers. The bold move blows up the drug industry's distribution model.
MoreParking competition prompts new airport plan
May 6, 2013
Kathleen McLaughlinIndianapolis International Airport has dubbed its parking brand "ParkIND" and will use it to promote new features
and discounts.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!