News & Analysis

Indiana companies attracting more VC this year, report says

May 23, 2011
Francesca Jarosz
The $68.6 million invested in Indiana companies through the first quarter comes close to approaching the $79.3 million total that venture capital firms invested in the state in all of 2010.
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Lilly licenses Xigris rights to new biotech firm

May 23, 2011
J.K. Wall
Eli Lilly and Co. has agreed to license the U.S. marketing rights of its slow-selling sepsis drug Xigris to a newly created local biotech company called BioCritica that will seek to reinvigorate sales of the medication.
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Purdue proposes international student fee hikes

May 23, 2011
Associated Press
Under the proposed increases, foreign students enrolling this summer would pay an additional $1,000 on top of 3.8-percent tuition increases for all out-of-state students. Purdue also has proposed a $2,000 fee for 2012-13 academic year.
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Governor's race shaping up to be entertaining

May 23, 2011
Associated Press
Indiana's 2012 gubernatorial race features two strong front runners. Democrat John Gregg is a gregarious and folksy former House Speaker. Republican U.S. Rep. Mike Pence is an outspoken and articulate conservative.
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Straub: Funding cut poses no threat to Super Bowl security

May 23, 2011
Kathleen McLaughlin
The Indianapolis metropolitan area is among 33 nationwide that have been eliminated from a federal Homeland Security grant program for 2011.
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Daniels ends speculation, decides against run for presidency

May 22, 2011
Associated Press
In overnight e-mail to supporters, Indiana Gov. Mitch Daniels cites family considerations as reason he will stay out of race.
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Smoking agency to remain intact within department of health

May 21, 2011
Associated Press
Agency's advocates express relief but say new structure leaves anti-smoking efforts vulnerable to politics.
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Is INDOT bypassing public on planning?Restricted Content

May 21, 2011
Chris O'Malley
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
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Art Center shakeup raising concernsRestricted Content

May 21, 2011
Kathleen McLaughlin
Indianapolis Art Center CEO Carter Wolf is drawing fire from some quarters over a staff shakeup that he says is needed to grow enrollment at the Broad Ripple not-for-profit. But Wolf insists that won't hinder progress.
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ExactTarget stays patient as riches from IPO awaitRestricted Content

May 21, 2011
Greg Andrews
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.
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Indianapolis entrepreneurs rescue Choc-Ola from oblivion

May 21, 2011
Cory Schouten
The chocolate beverage Choc-Ola, launched in the 1940s and pitched to a generation of fans in the 1970s by Cowboy Bob on WTTV-4, is hitting store shelves again. South-side entrepreneurs Dan Iaria and Joe Wolfla are leading its comeback, landing an 18-state distribution deal.
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New TIF districts could spur urban development

May 21, 2011
Francesca Jarosz
Indianapolis leaders have targeted four core urban areas for renewal, taking steps to create new tax-increment-financing districts to seed economic development there.
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Credit unions gun for more traditional bank business

May 21, 2011
Francesca Jarosz
A push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
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Regional banks targeting midsize companies in IndianaRestricted Content

May 21, 2011
Scott Olson
Improved economy, loosening credit standards are driving increased lending.
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Hoosiers finally score one of Foot Locker's House of HoopsRestricted Content

May 21, 2011
Cory Schouten
Finish Line's main competitor had bypassed Indianapolis at it chose locations for its concept store that sells Nike-brand basketball shoes and apparel.
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GM winding down operations at local metal-stamping plantRestricted Content

May 21, 2011
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
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Tennis group seeking $3.5M for new downtown venueRestricted Content

May 21, 2011
Anthony Schoettle
Tennis advocates have identified three near-downtown parcels for a new Indianapolis Tennis Center and expect to make a sponsorship announcement soon that could kick-start the development.
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Frozen yogurt hot item on local retail sceneRestricted Content

May 21, 2011
Marc D. Allan
Frozen yogurt businesses are sprouting up all over the Indianapolis area, with owners hoping to cash in on the public’s appetite for what they perceive as a healthy treat.
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Indiana court denies delay in White election case

May 20, 2011
Associated Press
The Indiana Supreme Court says the state recount commission should proceed with reconsidering whether Secretary of State Charlie White was a valid candidate for the office to which he was elected.
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Crime-grant selection enters final round

May 20, 2011
Kathleen McLaughlin
A smaller budget and new selection process for Indianapolis’ crime-prevention grant program has thrown some local not-for-profits for a loop.
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Prices at gas pump painful for most Americans

May 20, 2011
Associated Press
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
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State’s jobless rate falls again, to 8.2 percent

May 20, 2011
Despite a decrease in private sector jobs, Indiana's unemployment rate in April dropped 0.3 percentage points, to 8.2 percent, the lowest it's been since December 2008.
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Marsh Supermarkets settles IRS issue in suit against ex-CEO

May 20, 2011
Scott Olson
A new brief in a lawsuit against former CEO Don Marsh alleges he had an affair with a Russian ice ballet director, bankrolled with company funds.
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Health insurers lose push to ease rate review

May 20, 2011
Bloomberg News
U.S. insurers led by WellPoint Inc. and UnitedHealth Group Inc. failed to get federal regulators to change a rule in the 2010 health-care overhaul that triggers a review of any premium increases exceeding 10 percent.
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Indiana BMV nixes fee to see driver record online

May 20, 2011
Associated Press
Indiana drivers can now review online records including citations, suspensions and violations without paying a fee.
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  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

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