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News & Analysis
Forty percent of school districts to see no funding increase
May 25, 2013
Associated PressLawmakers overall increased school funding 2 percent next year and 1 percent the following year. But shifts in how that money
is awarded mean some districts actually might see decreases.
MoreNew WellPoint CEO Joe Swedish thrives on complexity
May 25, 2013
J.K. WallJoe Swedish, a career hospital executive, is now two months into his job at the helm of Indianapolis-based WellPoint, the
nation’s second-largest health insurer. In his first interview since starting work, Swedish indicated he’s taking
his time to learn the people and the culture of the vast organization he now leads.
MoreIndianapolis education up-and-comers are fierce competitors
May 25, 2013
J.K. WallFriends' competition for bragging rights lands both on Forbes' 30 Under 30 lists.
MoreIndiana 8th-graders best most nations in math, science
May 25, 2013
J.K. WallIn the same year the Legislature passed a set of sweeping reforms to improve Indiana’s public schools, Indiana’s
eighth-graders were scoring No. 7 in the world on an international math test.
MoreFDIC sues executives over Irwin failure
May 25, 2013
Chris O'MalleyThe Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging
they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover
by regulators.
More$225M Westfield project in works
May 25, 2013
Andrea Muirragui DavisDeveloper Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk
lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach,
mini marina and watering hole in between.
MoreHigh-profile developer chases Indy debut
May 25, 2013
Scott OlsonCleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with
Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.
MoreHomebuilder focuses on 'pocket' communities near Carmel attractions
May 25, 2013
Andrea Muirragui DavisTwo Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near
downtown Carmel's old neighborhoods.
MoreIndy startup sees green in cheaper 3D printing
May 25, 2013
Dan HumanLaunched in January, 3D Parts Manufacturing joined a recent surge in rapid prototyping and additive manufacturing operations
known as 3D printers. Rather than screwing and gluing parts together, operators plug digital designs into machines that shape
plastic and metal powders from the bottom up, one microscopic level at a time.
MoreCity fires indicted DMD employees, hires special attorney
May 24, 2013
IBJ StaffThe city terminated two employees indicted this week on fraud charges stemming from a bribery scheme involving the Indianapolis
Land Bank. It also hired a veteran attorney to review city policies and handle communications about the scheme.
MoreIndy 500 fans will find track security tighter this year
May 24, 2013
Associated PressFans coming to the Indianapolis Motor Speedway for this weekend's Indy 500 will notice some changes in the traditional
routine in response to last month's bombing at the Boston Marathon.
MoreIndy startup serves up keg beer with big data
May 24, 2013
Dan HumanSteadyServ Technologies has raised $1.5 million to help develop iKeg, which tells bar managers and beer distributors when
they need to reorder.
MoreCity panel tables approval of new towing contract
May 24, 2013
Kathleen McLaughlinThe Indianapolis Board of Code Enforcement put off voting on a new citywide towing-management contract Thursday after members
said they wanted more information about the bids from San Francisco-based AutoReturn and its local competitors.
MoreConvicted ex-coroner hits Brizzi with legal malpractice suit
May 24, 2013
Dave StaffordFormer Hancock County coroner Tamara Vangundy says she paid Carl Brizzi $10,000 for negligent legal advice that ended her
career as an elected official.
MoreIndianapolis falls to 13th in population among U.S. cities
May 24, 2013
Associated PressAustin, Texas, moved from 13th to 11th, pushing Jacksonville, Fla., and Indianapolis each down a spot.
MoreBroad Ripple project takes heat at Village meeting
May 24, 2013
IBJ StaffJeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail
development along the Central Canal.
MoreWellPoint among 13 picked to join California exchange
May 23, 2013
Bloomberg NewsCalifornia residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act
may end up paying higher premiums.
MoreIndiana lawmakers to review ISTEP test troubles
May 23, 2013
Associated PressIndiana lawmakers said Thursday they will spend the coming months reviewing computer troubles with a statewide standardized
test, the use of land banks to sell vacant property and other problems uncovered around the state.
MoreSt. Vincent Health plans job cuts, but mum on numbers
May 23, 2013
J.K. WallSt. Vincent Health will lay off an unspecified number of employees across its 22-hospital network by June 30 in a cost-saving
move. The hospital blamed the job losses on Obamacare, cuts to Medicare reimbursement, and lower-than-expected volumes of
patient procedures.
MoreDenver-based firm laps up BlueMile running chain
May 23, 2013
Anthony SchoettleBlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports
goliath The Finish Line Inc. The deal is expected to speed BlueMile's expansion.
MoreIvey stepping down as leader of Pulliam trust
May 23, 2013
IBJ StaffHarriet Ivey, president and CEO of the Nina Mason Pulliam Charitable Trust since its founding more than 15 years ago, plans
to retire early next year, the trust announced Thursday.
MoreCity expected to award towing contract to California firm
May 23, 2013
Kathleen McLaughlinIndianapolis will choose a San Francisco-based company to oversee city-ordered towing under a contract expected to be authorized
Thursday afternoon.
MoreWaste-management firm hit with environmental fines
May 23, 2013
Dan HumanSome of the violations cited by the state are related to poor handling of hazardous materials at the Heritage-Crystal Clean
Inc. facility in Speedway.
MoreU.S. unemployment aid applications show decline
May 23, 2013
Associated PressJobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more
normal level, companies must gain more confidence in the economy.
MoreCeladon acquires Canadian trucking company
May 23, 2013
IBJ StaffHyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue
in 2012.
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Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!
Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.
Perhaps May 21 is "Evangelical Day" over at the IBJ?
I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.
I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.