News & Analysis

Loss of CBS affiliation slices $110M from Indy station's value

August 26, 2014
Cory Schouten
How much value did the CBS network affiliation bring to WISH-TV Channel 8? About $110 million, if you believe the parent company’s calculation.
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Longtime NCAA executive Isch set to retire

August 26, 2014
Associated Press
Chief operating officer Jim Isch announced he would retire early next year, a move that is prompting NCAA President Mark Emmert to reorganize his top staff.
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NBA unveils new rules to make baselines safer

August 26, 2014
Associated Press
Clearing the congestion behind the playing area was planned even before Indiana Pacer Paul George broke his right leg when he crashed into the stanchion last month during a USA Basketball exhibition game.
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U.S. durable goods orders show record surge

August 26, 2014
Associated Press
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft. Outside of transportation, orders dipped.
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Two HDG Mansur creditors seek liquidation of the firm

August 26, 2014
Scott Olson
The firms claim in court filings that HDG Mansur has no hope of reorganizing under Chapter 11 and is stalling to avoid paying a $5.8 million judgment.
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New solar farm in Richmond begins generating power

August 26, 2014
Associated Press
Indiana Municipal Power Agency said the 8-acre solar farm on the grounds of Richmond Power and Light contains about 4,000 solar panels. They will generate enough electricity to power about 200 homes.
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Indiana, Wisconsin join rush for same-sex marriage review

August 26, 2014
Bloomberg News
Amid the rush for U.S. Supreme Court review of gay-marriage bans, Indiana and Wisconsin are set to ask a federal appeals court on Tuesday to declare their laws barring such unions constitutional.
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Kokomo council backs ban on smoking in bars

August 26, 2014
Associated Press
The Kokomo City Council voted 5-4 Monday night to give initial approval to a ban on smoking in bars and social clubs.
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WISH, WNDY owner appoints new general manager

August 25, 2014
Jeff Newman
The owner of WISH-TV Channel 8 has named a well-traveled industry veteran to lead the Indianapolis station through what could be the biggest transition in its history.
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Social media campaign publicizes lifeline law

August 25, 2014
Associated Press
Students at 13 Indiana college campuses will receive social media messages about the state law that allows minors who have been drinking to report a medical emergency or a crime without getting in trouble.
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Public-transit group hires latest executive director

August 25, 2014
Jeff Newman
Andrew Gast-Bray will become the fourth person to lead the Central Indiana Regional Transportation Authority since last August when he becomes executive director Sept. 1.
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Franciscan cuts its way to higher profits

August 25, 2014
J.K. Wall
Franciscan Alliance, which operates three hospitals in the Indianapolis area, is seeing fewer patients this year but is making more money due to expense cuts.
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S&P 500 sets all-time high in intraday trading

August 25, 2014
 Associated Press and IBJ Staff
The index breached the 2,000-point barrier soon after markets opened on Monday, nearly hitting 2002 points around noon. The Dow also was near its high watermark.
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Purdue balks at use of its brand in panned film

August 25, 2014
Associated Press
Purdue University officials are asking their legal counsel to look into a new movie that makes frequent references to the school despite its refusal to grant permission to use official trademarks and logos.
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Global group taps local woman to lead Indy chapter

August 25, 2014
Kathleen McLaughlin
Jennifer Burns is looking for a couple of dozen twenty-somethings who, like her, share the lofty goals of the World Economic Forum, the organization that gathers heads of state and CEOs each January in the Swiss mountain town of Davos.
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New U.S. homes sales fall unexpectedly to 4-month low

August 25, 2014
Bloomberg News
Sales declined 2.4 percent in July, to a 412,000 annualized pace, the fewest since March and weaker than economist predictions.
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Purdue Research, Crane form innovation partnership

August 25, 2014
Associated Press
The Crane Naval Surface Warfare Center, Purdue Research Foundation and Purdue's Discovery Park have forged a partnership agreement aimed at showcasing their intellectual property and moving their innovations to the public.
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Vectren division sale costs 120 miners their jobs

August 24, 2014
Associated Press
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
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Indiana Excise Police arrest 134 in college towns

August 24, 2014
Associated Press
Police say the arrests occurred over the weekend while officers patrol near college campuses as students return for the start of the new school year.
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Family-founded underdog WTTV hits broadcasting pinnacle

August 24, 2014
Associated Press
The TV station has gone from a simple two-hour-a-day operation into a national affiliate within the span of a lifetime. Its early history is truly Hoosier: created with saved money, built with callused hands and managed by local folks.
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At-Home Quarterly MarketplaceRestricted Content

August 23, 2014
Look here for statistics on Indianapolis-area home sales, the most expensive local sale, and a map showing population density.
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Condos making comeback in IndianapolisRestricted Content

August 23, 2014
Scott Olson
The market is starting to wake up after years of slumber caused by the housing downturn.
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Indianapolis homebuilder combines dashing design, prefabricated contructionRestricted Content

August 23, 2014
Sam Stall
Ursula David hopes her first manufactured home will catch on at other infill lots close to downtown.
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All-star real estate agent leadership sounding familiar

August 23, 2014
Ward takes first place among IBJ's All-Star Teams sixth year in row.
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Wynkoop is top real estate agent in 2014

August 23, 2014
Scott Wynkoop placed first among all-star agents a third year in a row.
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