News & Analysis

Top NCAA hoops official retiring after 2015 season

July 18, 2014
Associated Press
John Adams, 65, the head of college basketball officiating, will retire following April's national championship game in Indianapolis.
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Plane piloted by Simon exec made 'popping' noise before crash

July 18, 2014
Associated Press
A preliminary report by the National Transportation Safety Board quotes two witnesses as saying they saw the airplane trailing blue smoke during its takeoff and described the sound of the engine as "popping" or misfiring.
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Candidates raise, spend little in quiet election cycle

July 18, 2014
Associated Press
Indiana's 2014 election cycle may lack the marquee battles of two years ago, but candidates are still collecting dollars ahead of November's elections.
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Pence: Austerity steps needed despite big reserves

July 18, 2014
Associated Press
The governor's administration has told state agencies to hold back 4.5 percent of their funding for the current fiscal year despite the state's $2 billion in reserves.
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IU says no victims reported in data breach

July 17, 2014
Associated Press
Data including names, addresses and Social Security numbers of those who attended IU from 2011 to 2014 was unsecured for more than 11 months because protections weren't working correctly.
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Mayor names new fire chief

July 17, 2014
Kathleen McLaughlin
Indianapolis Fire Department veteran Ernest Malone replaces Brian Sanford, who will retire because of illness.
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Vanity plate issue likely not settled for state

July 17, 2014
Associated Press
The Indiana Bureau of Motor Vehicles must resume issuing personalized license plates, a Marion County judge ordered Wednesday, but the department has said it intends to appeal to the Indiana Supreme Court.
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UPDATE: Microsoft to cut up to 18,000 jobs in next year

July 17, 2014
Associated Press
The layoffs were double what Wall Street was expecting after the computing giant's CEO altered course last week. The firm had just completed its acquisition of Nokia's devices business in April.
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Unemployment applications drop to lowest level in 7 years

July 17, 2014
Associated Press
The numbers suggest a strengthening job market, especially since hiring is at its healthiest clip since the late 1990s, and the 6.1 percent unemployment rate is at a 5 1/2-year low.
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U.S. home construction drops 9.3 percent in June

July 17, 2014
Associated Press
U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.
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Report: Carmel panel may face TIF shortfall but can pay debts

July 17, 2014
Andrea Muirragui Davis
New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
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Indy, other cities with new gas pipes see fewer leaks

July 17, 2014
Associated Press
A study by Google and an environmental group found Boston and Staten Island averaged one leak per each mile mapped. In Indianapolis, where utility workers have replaced old pipes, there was only one for every 200 miles mapped.
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State officials confident federal highway funds will come through

July 17, 2014
Emily Metheny, The Statehouse File
Indiana has not solidified contingency plans that would be needed if Congress fails to pass a deal to cover a shortfall in a federal highway fund.
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Pence wraps up UK trade trip after blitz of meetings

July 17, 2014
Allie Nash, The Statehouse File
The governor met Wednesday with a company considering Indiana for its U.S. operations, but his office would not identify the firm.
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Cummins to pick from New York firms to design downtown offices

July 16, 2014
 IBJ Staff
Cummins Inc. plans to pick a proposal from one of three New York-based architecture firms vying to design its global distribution headquarters downtown.
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City marshals $400,000 for Monument Circle events, projects

July 16, 2014
 IBJ Staff
The city, National Endowment for the Arts and Central Indiana Community Foundation have contributed to the plan for expanding amenities, activities and attractions on the Circle.
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New downtown concert venue to seat 15,000

July 16, 2014
Scott Olson
A music amphitheater soon will take center stage on the site of the former General Motors metal-stamping plant on the western edge of downtown, sources tell IBJ.
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Interactive Intelligence shares dive on expected shortfall

July 16, 2014
Dan Human
The local software and services firm has released disappointing preliminary results for its second quarter, leading to a 16-percent stock tumble.
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Indy home sales likely slowing to 'new normal'

July 16, 2014
 IBJ Staff
Home-sale agreements tumbled 14.9 percent in the nine-county Indianapolis area in June, the tenth straight month deals have decreased, according to F.C. Tucker Co.
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GM planning $27M investment in Bedford plant

July 16, 2014
Associated Press
The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant's employment to some 650 workers.
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Tower maker gets OK for factory, plans to hire 600

July 16, 2014
Associated Press
Nello Corp., a South Bend firm that manufactures steel towers, plans to sink about $60 million into the project.
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Pacers lose Stephenson to Hornets offer, reports say

July 16, 2014
 IBJ Staff
Pacers free-agent guard Lance Stephenson has come to terms with the Charlotte Hornets with a three-year, $27 million deal, multiple media outlets reported Wednesday morning.
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Study: U.S. millennials buying homes later in life

July 15, 2014
Associated Press
The number of first-time homebuyers in May was near record lows at 27 percent, versus a historic average of 40 percent.
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Emmert paid $1.7 million as NCAA revenue increases

July 15, 2014
Associated Press
Monday’s tax filing comes as the NCAA faces unprecedented scrutiny, including a handful of lawsuits and an effort by Northwestern University football players to form college sports’ first player union.
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Indiana sues county over I-69 noise ordinance

July 15, 2014
Associated Press
The Indiana Department of Transportation is suing the commissioners of a southern Indiana county, saying they have no authority to limit construction of the Interstate 69 extension near Bloomington with an ordinance that restricts overnight noise.
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  1. Only half a million TV Viewers? And thats an increase? I knew Indycar was struggling but I didn't know it was that bad. Hell, if NASCAR hits 5 Million viewers everyone starts freaking out saying its going down hill. It has a long way to before Indycar even hits NASCAR's bad days.

  2. IU has been talking that line for years with no real progress even with the last Dean, Dr. Brater. Why will an outsider, Dr. Hess, make a difference? With no proof of additional resources (cash in the bank), and a concrete plan to move an academic model that has been outdated for decades with a faculty complacent with tenure and inertia, I can count on IU to remain the same during the tenure of Dr. Hess. One ought to look to Purdue and Notre Dame for change and innovation. It is just too bad that both of those schools do not have their own medical school. Competition might wake up IU. My guess is, that even with those additions to our State, IU will remain in its own little world squandering our State's tax dollars. Why would any donor want to contribute to IU with its track record? What is its strategy to deal with the physician shortage for our State? New leadership will not be enough for us to expect any change.

  3. How do you think the Bridges got approved? I spent a couple days researching PAC's and individual contributions to some city council members during that time. My printouts were inches thick on the two I concentrated on. Finally gave up. Was disgusted with all the donations, and who they were from. Would have taken me days and days to compile a complete list. Tried to give it to the Star reporter, but he thought it was all just fine. (and apparently he was treated well himself) He ended up being laid off or fired though. And then of course, there was land donated to the dad's club, or city, as a partial payoff. All done in the shining example of "charity." No, none of these contributions are a coincidence.

  4. I agree what kind of help or if any will be there for Dr. Ley's patients. I was a patient myself.

  5. What about the hundreds of patients who sought this doctor for the right reasons, to quit drugs. what option do these patients now have, experience horrible withdrawl or return to heroin?? those are the choices. what about the children of these former addicts who's parent(s) WILL not b able to maintain their job, for @ least 2 weeks.. There needs to b an emergency clinic opened for these patients.

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