News & Analysis

Governor's education agenda includes vouchers

December 8, 2010
Associated Press
Gov. Mitch Daniels and State Superintendent Tony Bennett pitched their ideas Wednesday to Indiana's Education Roundtable, a group of education and business leaders.
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Lucas Oil banner promoting Super Bowl coming down

December 8, 2010
Scott Olson
Sprawling sign draped on the south side of the stadium is causing structural damage to the windows from which it hangs.
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Cosmopolitan apartment fire prompts lawsuit

December 8, 2010
Scott Olson
The insurer for Indiana Landmarks is suing developer Flaherty & Collins, claiming negligence in a blaze that partially destroyed the apartment project and damaged the not-for-profit's adjacent headquarters.
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Sallie Mae restructuring affects Indiana jobs

December 8, 2010
Kathleen McLaughlin
Student-loan giant lays off about 70 people in Fishers as part of national reshuffling.
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Bill would provide oversight for key state appointments

December 8, 2010
Scott Olson
Rep. Ed DeLaney, D-Indianapolis, wants to give lawmakers a voice in key state appointments made by the governor following an ethics scandal that led to the firing of the chairman of the Indiana Utility Regulatory Commission.
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Irsay quickly gains Twitter following

December 8, 2010
Kathleen McLaughlin
Since joining Twitter last week, the Indianapolis Colts owner has talked about player injuries, compared his team's season to an epic boxing match and made reference to a former drug habit.
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Art museum names fundraising chief

December 8, 2010
Kathleen McLaughlin
Cynthia Rallis, who begins work Jan. 1, held a similar job at the National Museum of Science and Industry in London.
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Cummins to build $70 million plant in Turkey

December 8, 2010
Bloomberg News
The company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor vehicles.
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CNO Financial plans $300 million sale of debt

December 8, 2010
Bloomberg News
Carmel-based CNO Financial Group Inc., the insurer formerly known as Conseco Inc., plans to sell $300 million of seven-year senior-secured notes, according to a company statement.
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Solar panel maker plans up to 240 jobs in Columbus

December 8, 2010
Associated Press
A Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will make high-efficiency solar panels that are in growing demand around the world.
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Refinancing boosts Bioanalytical Systems

December 8, 2010
J.K. Wall
Shares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan that was due in February.
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Q&A

December 8, 2010
J.K. Wall
Molecular biologist,David G. Skalnik will become associate dean for research and graduate education at the IUPUI School of Science in January. Since 1991, Skalnick has been a researcher at the Indiana University School of Medicine, leading a team of three in the study of epigenetics—factors that influence whether certain genes are turned on or turned off.
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Law affects hospitals with doctor-held debt

December 8, 2010
J.K. Wall
Health care reform put strict limits on physician-owned hospitals, but it seems the law also restricts hospitals that have physician-owned debt.
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Simon may drop interest in Capital Shopping Centres

December 8, 2010
Bloomberg News
Indianapolis-based Simon Property Group Inc. will end its interest in buying Capital Shopping Centres Group Plc if the U.K. company doesn’t provide information necessary to evaluate a bid.
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Carmel-based wind-gear maker plans Marion plant

December 7, 2010
 IBJ Staff
Vela Gear Systems LLC, a Carmel-based startup manufacturer of large-scale gears for wind-turbine assemblies, said it will make a multimillion dollar investment to construct a 250,0000-square-foot plant in Marion, creating up to 163 jobs by 2013.
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Indiana cattle firm may face involuntary bankruptcy

December 7, 2010
Associated Press
An Indiana firm under federal investigation for passing bad checks for cattle purchases could find itself forced into bankruptcy proceedings if a judge grants a motion filed by some of those owed money.
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IURC clears ex-judge in Duke Energy ethics scandal

December 7, 2010
The Indiana Utility Regulatory Commission's internal probe found no irregularities regarding former administrative law judge Scott Storms' handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.
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Indiana church financier gets 54 years for Ponzi scheme

December 7, 2010
Associated Press
A judge sentenced 66-year-old Vaughn Reeves to 54 years in prison during a court hearing Tuesday in Sullivan. A jury convicted him in October on nine counts of securities fraud.
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Builders of faulty Indiana bridge face state-work ban

December 7, 2010
Associated Press
A committee has recommended that the state highway department stop hiring Gary-based Superior Construction Co. and Indianapolis-based bridge designer RQAW Corp. over a northwestern Indiana highway that has been closed because of safety concerns.
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Local firm set to launch two more mutual funds

December 7, 2010
Scott Olson
Founded in 2005, The Archer Funds will now have three mutual funds to offer clients. It is among just a handful of locally based firms that markets its own mutual funds.
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IMOCA settles in at Murphy Arts, calls off move

December 7, 2010
Kathleen McLaughlin
The Indianapolis Museum of Contemporary Art, which faltered in the summer of 2009, is on stable footing at its year-old location in Fountain Square—so much so that it won't move closer to downtown, as it had planned.
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City Market tenant agrees to move to alternate space

December 7, 2010
Scott Olson
Under a settlement, the Indianapolis City Market dropped its attempts to evict the Grecian Garden after the restaurant said it would relocate to accommodate a renovation.
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Duke poised to buy South Florida portfolio

December 7, 2010
Tom Harton
The purchase of the $500 million portfolio of industrial and office properties would continue Duke’s recent push into the South Florida market.
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Nursing home firm to pay $376K in Medicaid case

December 6, 2010
Associated Press
Indiana Attorney General Greg Zoeller says a nursing home company will pay $376,000 to the state and federal governments over accusations that it submitted ineligible bills to Medicaid.
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Indianapolis Symphony's deficit nears record

December 6, 2010
Kathleen McLaughlin
The Indiana Symphony Society on Monday reported a near-record deficit of $2.7 million for the 2010 fiscal year. And symphony CEO Simon Crookall said this won't be the end of the bleeding.
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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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