News & Analysis

Rokita wins in Indiana's GOP-heavy 4th District

May 4, 2010
Associated Press
The race for Steve Buyer's seat became a three-month sprint among 13 candidates after he announced in late January that he would retire after 18 years in Congress.
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Burton gets another GOP nod in 5th District

May 4, 2010
Associated Press
Dan Burton is seeking his 15th term from the heavily Republican district after narrowly beating former state Rep. Luke Messer.
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Coats wins GOP nomination for Senate race

May 4, 2010
Associated Press
In Indiana this fall, Coats will face Democrat Brad Ellsworth, whose nomination is assured. The candidates are seeking the seat held by retiring Democratic Sen. Evan Bayh.
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Conseco profit edges analyst expectations

May 4, 2010
J.K. Wall
The Carmel-based life and health insurer earned $33.9 million in the quarter, more than 38 percent higher than during the same quarter a year earlier. Nearly all of that increase, however, was due to lower losses on investments and debt modifications.
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General Growth hearing delayed as Simon makes new bid

May 4, 2010
Bloomberg News
General Growth said the hearing before U.S. Bankruptcy Judge Allan Gropper has been moved from Wednesday to Friday.
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Central Indiana gets $16M in health IT stimulus

May 4, 2010
 IBJ Staff and Bloomberg News
The central Indiana area has been selected as one of 15 communities that will share in $220 million worth of grants for pilot projects to test health-care information technology.
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State revenue continues to fall short of projections

May 4, 2010
Indiana has missed budget projections for nine out of the last 10 months. April tax collections hit their lowest mark since 2004.
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Subaru adding production at Lafayette plant

May 4, 2010
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
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Denny's proxy fight follows Steak n Shake template

May 4, 2010
Cory Schouten
A group of dissident investors is trying to wrest control of the Denny's restaurant chain using the same formula that led to a successful takeover of Steak n Shake.
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General Hotels lands 5 new properties

May 4, 2010
General Hotels Corp. will manage five more hotels in Indiana and Ohio.
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City targets Georgia Street for $12.5M makeover

May 4, 2010
The project will create an event-friendly corridor from the expanded Indiana Convention Center to Conseco Fieldhouse.
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Fraud scheme nets Indianapolis man 15 years in Texas

May 4, 2010
Louis Simpson bilked investors of $948,500 by claiming to operate a program with the Department of Housing and Urban Development.
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Obama plans tougher rules on for-profit colleges

May 4, 2010
Bloomberg News
The administration is gearing up to produce tougher regulations that may reduce the amount of federal financial aid flowing to for-profit colleges such as locally-based ITT Educational.
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Mass Ave project on verge of approval

May 4, 2010
Tom Harton
The addition of an underground parking garage is likely to get Trail Side off the drawing board and under construction.
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GOP fighting out congressional bids across Indiana

May 4, 2010
Associated Press
In the 5th District, they'll decide whether to pick Rep. Dan Burton for what would make 30 years in Congress. In the neighboring 4th District, the likely replacement for retiring Rep. Steve Buyer will be determined.
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37 contested Indiana House races prelude to November

May 4, 2010
Associated Press
Voters will nominate candidates in more than 30 Indiana House primary races Tuesday, completing matchups for November's general election that will determine control of the narrowly divided chamber.
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Indiana voters choose from 5 seeking GOP Senate nod

May 4, 2010
Associated Press
Indiana Republican voters will decide Tuesday which of five U.S. Senate candidates will represent the party in its fight to take the seat being vacated by Democrat Evan Bayh.
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Simon Property steps up fight for General Growth

May 4, 2010
Bloomberg News
The latest proposal is the Indianapolis-based company's third attempt to buy or gain a piece of the No. 2 mall owner.
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General Growth backs new Brookfield plan over Simon offer, source says

May 3, 2010
Bloomberg News
General Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over a competing offer by Simon Property Group Inc.
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Biglari Holdings targets auto-parts chain

May 3, 2010
Cory Schouten
The parent company of Steak n Shake restaurants is angling to acquire a huge stake in the Advance Auto Parts chain.
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Vontoo CEO to receive TechPoint Trailblazer Award

May 3, 2010
Robert Compton will receive the honor for his contributions to the state's high-tech sector at the Mira Awards program May 15.
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Several school districts seek passage of referendums

May 3, 2010
Scott Olson
Administrators are asking for millions of dollars of additional money to prevent teacher cuts and to support school building projects.
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HardingPoorman acquires Saint Clair Press

May 3, 2010
 IBJ Staff
The deal brings together two of the Indianapolis-area's largest commercial printers.
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United, Continental agree to combine in $3B deal

May 3, 2010
 IBJ Staff and Associated Press
At Indianapolis International Airport, United accounts for 7.2 percent of passenger traffic and Continental accounts for 5.8 percent, a total of 13 percent, according to March figures from the airport.
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Recession ships more Indiana jobs to other countries

May 2, 2010
Associated Press
The number of Indiana plants, warehouses and offices sending jobs abroad since the recession began in December 2007 is more than double that of past economic downturns.
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