News & Analysis

Home building suffers another bad year, locally and nationally

January 19, 2011
 IBJ Staff and Associated Press
Building permits filed for new homes in the nine-county Indianapolis area rose just 2.6 percent in 2010, to 3,720. That’s just 95 more homes than in 2009—the worst year for local home construction in more than a quarter century.
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State lobbying commission sidelines executive director

January 19, 2011
Kathleen McLaughlin
The Indiana Lobby Registration Commission placed Executive Director and general counsel Sarah Nagy on paid leave Monday, the day before a busy filing day for the state's lobbyists.
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Evans dreams big as Clarian becomes IU Health

January 19, 2011
J.K. Wall
Clarian Health, which is set to change its name to Indiana University Health on Jan. 24, is relying on the academic expertise of its downtown Indianapolis hospitals to pull in patients from a wider swath of the state and the nation.
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Down on luck, Lilly finds comfort in pets

January 19, 2011
J.K. Wall
Eli Lilly and Co. continues to misfire on getting new human medicines approved, but its animal health unit is on a roll.
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Brightpoint exec Fivel leaving for Simon Property Group

January 19, 2011
 IBJ Staff
One of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position at Simon Property Group.
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Carmel firm gets FDA approval for lice treatment

January 18, 2011
 IBJ Staff
ParaPRO LLC's treatment, called Natroba, has a potential U.S. market of 6 million to 12 million infected children annually.
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Irsay ready to begin negotiations on Manning deal

January 18, 2011
Associated Press
Peyton Manning is expected to get a pay raise next season. Oft-injured safety Bob Sanders may have to take a pay cut, and longtime Colts running backs coach Gene Huey is looking for a new job.
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Health chief: Indiana needs more trauma center access

January 18, 2011
Associated Press
State Health Commissioner Greg Larkin says much of Indiana lacks the access to hospital trauma centers needed to treat victims of attacks like the one in Tucson that left U.S. Rep. Gabrielle Giffords of Arizona critically injured.
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Indiana House panel head expects few budget changes

January 18, 2011
Associated Press
The chairman of the Indiana House Ways and Means Committee says he expects the panel to make at most modest changes to Gov. Mitch Daniels' state budget proposal
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Lugar to seek re-election

January 18, 2011
Associated Press
Sen. Richard Lugar plans to return to Indiana on Friday for a major fundraiser in Carmel.
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'World-class' sports complex on deck for Anderson

January 18, 2011
Andrea Muirragui Davis
Private investors are planning to develop a $6 million baseball and softball complex on about 70 acres off Interstate 69 in Anderson, officials are set to announce Tuesday afternoon.
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Titanic buoys state museum attendance

January 18, 2011
Kathleen McLaughlin
"Titanic: The Artifact Exhibition" attracted 88,465 paying visitors during its 103-day run and boosted overall museum attendance by 45 percent.
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Indiana officials hope to capitalize on Illinois’ tax woes

January 18, 2011
Scott Olson
Governor, economic development officials look to lure companies to Indiana that now may find doing business in Illinois too costly. But a few experts question whether the state will see any immediate benefits.
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Senator tries to fix Greenwood merger problems

January 18, 2011
Kathleen McLaughlin
State Sen. Brent Waltz hopes new legislation on local government mergers will mend fences in his home of Johnson County while saving other Indiana communities a series of headaches.
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Obama considers shedding rules that hurt job growth

January 18, 2011
Associated Press
The president planned to sign an executive order Tuesday telling federal agencies to look for rules that place an unreasonable burden on businesses.
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Lilly imaging drug isn't ready for approval, FDA says

January 18, 2011
Eli Lilly and Co.’s experimental drug to help identify plaque in the brain tied to Alzheimer's disease isn't ready for approval, according to U.S. regulators.
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Mass Ave property owner gets foothold on Virginia Avenue

January 18, 2011
Tom Harton
A downtown advocate who renovated and repopulated a commercial building on what was once a desolate stretch of Massachusetts Avenue hopes to do the same on Virginia Avenue, where he just closed on the purchase of three contiguous commercial buildings totaling 15,000 square feet.
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Former Butler president to lead Hawaii university

January 17, 2011
 IBJ Staff
Geoffrey Bannister, who served as president of Butler University from 1988 to 2000, has been named president of Hawaii Pacific University, the school announced Monday.
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Council committee to consider North of South bonds

January 17, 2011
Scott Olson
Approval would let city issue $98 million in bonds to finance its portion of the $155 million North of South mixed-use project set to be built on 14 acres north of South Street between Delaware Street and Virginia Avenue.
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Fair Finance trustee sues Durham relatives

January 17, 2011
Greg Andrews
The case against Jeffrey and Dana Osler is the latest in what is expected to be a string of suits by the trustee against friends and business associates of Tim Durham who took out loans from Fair Finance but made few if any payments.
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Community Health plans $12M east-side medical complex

January 17, 2011
Construction is set to begin soon on Community Health Pavilion, a three-story, 55,000-square-foot medical building to be built on six acres at 7910 E. Washington St.
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Ambulance manufacturing plant in northern Indiana closing

January 17, 2011
Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization that will move operations to Bradenton, Fla., costing 150 workers their jobs.
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Humvee maker cutting 300 jobs at Indiana factory

January 17, 2011
Associated Press
AM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
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Indiana senator set to propose lower corporate tax

January 17, 2011
 IBJ Staff and Associated Press
Republican Sen. Brandt Hershman of Lafayette, who chairs the Senate Tax Committee, says Indiana's corporate income tax is seen as a hindrance to job creation.
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Pence urged to enter presidential race in 2012

January 17, 2011
Associated Press
An independent campaign to draw GOP Rep. Mike Pence into the 2012 presidential race is under way, with a veteran of the Reagan White House launching a petition drive on Monday urging him to enter the primary contests.
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

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