News & Analysis

WRTV adds Avon native to its weather team

May 13, 2013
 IBJ Staff
WRTV Channel 6 has hired central Indiana native Kyle Mounce as its newest meteorologist, the Indianapolis TV station announced Monday night.
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Manufacturer planning expansion, 100 jobs in Boone County

May 13, 2013
 IBJ Staff
CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon.
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Michigan doctor named dean of IU School of Medicine

May 13, 2013
Associated Press
Dr. Jay Hess was picked to become the 10th dean in the school of medicine's 110-year history and the first dean in the past five to come from outside IU.
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Indiana device makers absorbing Obamacare excise tax

May 13, 2013
J.K. Wall
The state's medical-device companies are finding that they cannot pass on the new medical-device tax created by Obamacare to their hospital customers, causing them to continue to make cuts and to look to foreign markets for more profitable growth.
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Indianapolis schools encounter more ISTEP glitches

May 13, 2013
Associated Press
Indianapolis students trying to complete standardized tests that already have been delayed by technical issues have encountered more problems.
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UPDATE: Brizzi lieutenant agrees to guilty plea in bribery case

May 13, 2013
Cory Schouten
David Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the early release of a woman convicted in a murder-for-hire scheme.
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Area homes sell at faster clip

May 13, 2013
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in each of the first four months of the year.
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New north-side IndyGo route starts in June

May 13, 2013
Kathleen McLaughlin
IndyGo will begin new crosstown service June 10 on 86th Street, the result of a $6 million budget increase that has funded improvements throughout the bus system.
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Study rebuts hospitals' argument on Medicare, rising costs

May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across the country have been raising prices just because they can, according to a new study.
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Foes organizing against central Indiana wind farm plans

May 13, 2013
Associated Press
A Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres of agricultural areas northeast of Muncie.
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First Merchants' deal to make it state's second-biggest bank

May 13, 2013
Greg Andrews
The acquisition of CFS Bancorp Inc. will increase First Merchants' assets to $5.4 billion and leave it with nearly 100 offices.
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High court rules against Indiana farmer in patent case

May 13, 2013
Associated Press
The Supreme Court has sustained Monsanto Co.'s claim that an Indiana farmer violated the company's patents on soybean seeds that are resistant to its weed-killer.
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Ball State president among nation's highest paid

May 13, 2013
 IBJ Staff and Associated Press
BSU's Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year, according to a new survey released Monday.
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Indiana schools seeing more success with tax hikes

May 12, 2013
Associated Press
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
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Pence signs measure overhauling Marion County government

May 11, 2013
 IBJ Staff
Indiana Gov. Mike Pence on Saturday signed a bill into law that reshapes Marion County government through the elimination of four at-large City-County Council seats and other changes.
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'Pause' on Common Core leaves teachers in limbo

May 11, 2013
Associated Press
Lawmakers voted last month to delay full implementation of the academic standards to allow time to study the potential costs of implementing or abandoning the standards and hold public meetings.
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Indiana credit unions are booming again

May 11, 2013
Norm Heikens, Chris O'Malley
Credit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships, growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
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FARRA: Don't expect big dividends from banks anytime soon

May 11, 2013
George Farra / Special to IBJ
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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Lawsuit threatens NCAA's amateur business modelRestricted Content

May 11, 2013
Anthony Schoettle
On June 20, a California federal court will determine if an antitrust lawsuit brought by former UCLA basketball player Ed O’Bannon—who argues he should’ve been paid for the use of his likeness on game broadcasts and in EA Sports video games—can become a class action.
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Development may spawn TIF tug of warRestricted Content

May 11, 2013
Kathleen McLaughlin
The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
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Slingshot is shifting aim away from SEO

May 11, 2013
Dan Human
After Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
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Co-founder's death alters Naked Monkey's growth plan

May 11, 2013
Andrea Muirragui Davis
The recession and then the death of a founder put the Carmel waxing spa on a new trajectory. Now co-owner Brenda Schultz is mulling expansion plans.
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Howe toughest test yet for reformers of troubled city schools

May 11, 2013
J.K. Wall
Thomas Carr Howe Community High School, one of four taken over by the state Department of Education, is being remade yet again. And this time it faces a slew of competitors in the education-reform arena.
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nFrame data center to get new identityRestricted Content

May 11, 2013
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
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Truck insurer’s new jobs to boast gold-plated payRestricted Content

May 11, 2013
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly $125,000 a year.
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