News & Analysis

Jarden Corp. unit plans HQ in Fishers

July 9, 2014
Andrea Muirragui Davis
A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.
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Group backs out of deal for Anderson's Wigwam

July 9, 2014
Associated Press
Officials say a private group has decided not to take over Anderson's closed Wigwam gymnasium, leaving the fate of the 9,000-seat venue uncertain.
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Education battle flares between Ritz, Pence

July 8, 2014
Associated Press
Indiana Superintendent of Public Instruction Glenda Ritz accused Gov. Mike Pence's education staff and appointees to the State Board of Education of trying to "undermine" her efforts to secure a waiver from the federal No Child Left Behind Act.
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New IU office aims to boost graduation rates

July 8, 2014
Associated Press
A state Commission for Higher Education report this year found that about 50 percent of students at IU's Bloomington campus were graduating on time, while the regional campuses were at 10 percent or less.
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Duke unloads office buildings for $150M, report says

July 8, 2014
 IBJ Staff
The six Duke Realty Corp. properties in the Cincinnati area included the 403,000-square-foot Towers of Kenwood development, which sold for $69.2 million, according to the Cincinnati Business Courier.
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Carmel developer sinks $66M into four senior communities

July 8, 2014
Scott Olson
Leo Brown Group opened two facilities in Indianapolis and Avon in June, and has started construction on two similar projects in Ohio and Kentucky.
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NCAA seeks injury reduction with fewer full-contact practices

July 8, 2014
Bloomberg News
The recommendation is among a set of guidelines created to “generate a cultural shift within college athletics,” the Indianapolis-based NCAA said Monday.
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Greensburg factory to invest $28M, add 250 workers

July 8, 2014
 Associated Press and IBJ Staff
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
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Hoosier Environmental Council opposes dam on White River

July 8, 2014
Associated Press
The Hoosier Environmental Council has added its name to the list of environmental groups opposing a proposed seven-mile long reservoir along the White River in central Indiana.
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Multifamily projects abound in Chatham Arch, Lockerbie

July 8, 2014
Scott Olson
The four projects, one of them condominiums, would add nearly 280 units within about a four-block stretch from East Michigan Street north to Massachusetts Avenue.
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For-profit educator closing 12 campuses in 11 states

July 8, 2014
Associated Press
Corinthian Colleges Inc., which competes against Carmel-based ITT Educational Services Inc., said Tuesday that a campus in Indiana is on its closure list.
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INDOT staffer in ethics case seeks new work

July 7, 2014
Associated Press
A top Indiana transportation official who is under investigation for land sales that benefited his family is considering taking an executive job at an engineering firm that bids for state work.
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UPDATE: Indiana vanity plate fight could go to Legislature

July 7, 2014
Associated Press
A fuss over a police officer's vanity plate has blown up into a constitutional debate that could lead to the Indiana General Assembly deciding whether to rewrite the law or stop selling personalized license plates altogether.
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UPDATE: Deal set in ex-schools chief Bennett's ethics case

July 7, 2014
Associated Press
Inspector General David Thomas filed charges against Tony Bennett last November alleging he used state employees and resources in his failed 2012 re-election campaign.
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Transfer of Anderson gym awaits additional approval

July 7, 2014
Associated Press
The Anderson City Council will have to approve the city's involvement in the transfer of the closed 9,000-seat Wigwam gymnasium to a private group planning to reopen it.
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New Obamacare rule could boost WellPoint

July 7, 2014
J.K. Wall
The U.S. Department of Health and Human Services proposed a rule that would automatically re-enroll exchange plan customers each year, which would help companies like WellPoint that sold aggressively on the exchanges in their first year.
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First Financial nabbing new hub, closing 3 branches

July 7, 2014
Mason King
Cincinnati-based First Financial Bank is shuffling its operations in the Indianapolis area, including moving its regional hub to a new downtown location and opening a high-profile branch in the same building.
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Program preps students to teach at high-need schools

July 7, 2014
Associated Press
Forty-five Woodrow Wilson Teaching Fellows received incentives to attend cutting-edge master's degree programs at Ball State, IUPUI, Purdue University, the University of Indianapolis and Valparaiso University.
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Web startup Bookit planning expansion

July 7, 2014
Dan Human
Bookit Commerce Inc., which operates the website bookacoach.com, plans to hire 93 people by 2018, the locally based company announced Monday morning.
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ITT Educational, rivals wrestle with tougher regulation

July 7, 2014
Bloomberg News
The U.S. Education Department has taken its toughest regulatory action ever against a for-profit college: putting Corinthian Colleges Inc., with more than 70,000 students, on the path to going out of business.
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MISO data breach latest in hackers’ efforts to reach power grid

July 6, 2014
Bloomberg News
Operating cost data from participants in Carmel-based MISO's power network was compromised in a computer breach that highlighted the rising vulnerability of the U.S. electricity infrastructure.
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Small colleges using lacrosse to attract monied students from East CoastRestricted Content

July 5, 2014
Anthony Schoettle
Finances are increasingly challenging for small, private schools, causing many to do whatever is necessary to attract students, particularly students who can afford tuition ranging from $25,000 to $45,000 annually.
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Tricky transition: Pillows balance family, business as son preps to take over

July 5, 2014
Dan Human
Even before taking over, Eddie Pillow is making changes at the logistics and courier company his dad started in 1988.
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Records - July 7, 2014Restricted Content

July 5, 2014
Records listings from the July 7, 2014, issue of IBJ.
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Milhaus starts project in Oklahoma CityRestricted Content

July 5, 2014
The $42 million project is Milhaus' second mixed-use project outside the Indianapolis area.
More
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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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