News & Analysis

Indy lands huge volleyball event with $59M impact

June 30, 2014
 IBJ Staff
Indianapolis is expecting 15,000 athletes and 30,000 spectators for the 2016 USA Volleyball Girls’ Junior National Championships.
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INDOT chooses Chicago firm for Amtrak line

June 30, 2014
Kathleen McLaughlin
The Indiana Department of Transportation said Monday that it selected Corridor Capital LLC of Chicago to run the endangered Hoosier State passenger rail line from Indianapolis to Chicago.
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Concerns raised over possible rate hike for electric cars

June 30, 2014
Alec Gray, The Statehouse File
The Indiana Office of Utility Consumer Counselor and Rep. Cherrish Pryor are both voicing concerns about a potential rate increase proposed by Indianapolis Power & Light that could help fund some of the start-up costs for the BlueIndy electric-car-sharing project.
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Report: Indiana boasts four nation-leading life sciences clusters

June 30, 2014
J.K. Wall
The areas around each of Indiana’s research university campuses—Bloomington, Indianapolis, Lafayette and South Bend—all boast outsize concentration of life sciences workers. Yet the state still lags on research, development and investment funding.
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Tech firm plans 400 jobs in Kokomo, Carmel

June 30, 2014
 IBJ Staff
Systems in Motion LLC, a California-based technology consulting firm, expects to invest up to $5.4 million to lease, renovate and equip its new digs.
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UPDATE: Butler warns students, staff, alums of data breach

June 30, 2014
Associated Press
The school says the exposed information includes birthdates, social security numbers and bank account information of about 163,000 students, faculty, staff and alumni.
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High court: Public union can't make nonmembers pay fees

June 30, 2014
Associated Press
The ruling is a setback for labor unions that have bolstered their ranks — and bank accounts — in Illinois and other states by signing up hundreds of thousands of in-home care workers.
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Justices: Some employers don't have to cover birth control

June 30, 2014
Associated Press
The Supreme Court ruled Monday that some corporations can hold religious objections that allow them to opt out of the new health law requirement that they cover contraceptives for women.
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GOP bucking business priorities on Capitol Hill

June 30, 2014
Associated Press
Traditional ties between the business community and the Republican Party are fraying in Washington, D.C., where the House GOP has bucked corporate interests on a series of priorities this year, from immigration to highway funding to trade.
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Obama taps business exec to oversee troubled VA

June 29, 2014
Associated Press
President Barack Obama plans to nominate former Procter & Gamble executive and Indiana native Robert McDonald as the next Veterans Affairs secretary, as the White House seeks to shore up an agency beset by problems.
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Manchester University exceeds $100 million target

June 29, 2014
Associated Press
Manchester University has exceeded a $100 million fundraising goal 18 months ahead of its deadline, and retiring President Jo Young Switzer is receiving much of the credit.
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Officials: Indiana's limestone industry on upswing

June 28, 2014
Associated Press
The limestone industry is thriving again with many companies reporting orders are up following a drop in business during the recession, a trade association spokesman says.
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Flurry of new laws set to take effect in Indiana

June 28, 2014
Associated Press
Beginning Tuesday, guns will be allowed in school parking lots, beer and alcohol will be legal for sale at the Indiana State Fair and veterans will have more support from the state as they seek new careers.
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Golf-soccer hybrid tees off at five Indiana courses

June 28, 2014
Andrea Muirragui Davis
Burned by the economic meltdown and the scorching summer of 2012, five Indiana golf courses are rolling out a new game this year in hopes of bringing a little more green to their greens.
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Home buyer tastes have shifted since housing bust

June 28, 2014
Scott Olson
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
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Mansion restoration is dream come true for new owners

June 28, 2014
Sam Stall
David and Alice Berger have sank more than five years of effort into bringing the former Lacy property back to its industrial era grandeur.
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At-Home Quarterly Marketplace

June 28, 2014
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
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East-side associations fight gas-station plan

June 28, 2014
Scott Olson
A property owner’s plans to convert the northwest corner of East 10th Street and Emerson Avenue into a convenience store and gas station are causing consternation among neighborhood leaders who hope to stop the project.
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Leaders navigate politics of infrastructure repairs

June 28, 2014
Kathleen McLaughlin
Indianapolis doesn’t have a long-term street paving plan, and as political leaders look to spend at least $300 million more on infrastructure, the city appears more vulnerable than its peers to partisan bickering.
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New airport boss sees bright future amid big industry changesRestricted Content

June 28, 2014
Kathleen McLaughlin
Mario Rodriguez has taken the captain’s chair at Indianapolis International Airport, which has been recognized as the “best airport” in North America by its peers, but also carries a high debt load and has struggled to add nonstop airline service.
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Breweries turn to outside investors to underwrite growth

June 28, 2014
Dan Human
Six breweries and two distilleries in Indiana have sought outside investments since January 2013, a few of them multiple times, federal records show. That’s up from just one brewery in both 2009 and 2010.
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City quietly scales back World Sports Park

June 28, 2014
Kathleen McLaughlin
Indianapolis is reining in costs and dialing back ambition at the new east-side World Sports Park. The park, which will be home to one of the few premier cricket fields in the United States, is coming in about $1 million under its $6 million budget because it will have fewer features than planned.
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Reimbursement snag trips up local DNA testing firmRestricted Content

June 28, 2014
J.K. Wall
Strand Diagnostics LLC's Know Error test uses DNA analysis to make sure a tissue sample that has been declared cancerous does, indeed, belong to the patient doctors think it does. But Strand is having trouble convincing Medicare that the test is medically necessary.
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IUPUI takes control of journalism programRestricted Content

June 28, 2014
 IBJ Staff
The journalism program on the IUPUI campus will on July 1, for the first time, become managed by IUPUI.
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Damar Foundation hires presidentRestricted Content

June 28, 2014
 IBJ Staff
Richard Markoff comes to the job from IUPUI, where he was a senior adviser to Chancellor Charles Bantz and a visiting lecturer teaching graduate courses in organizational leadership.
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  1. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  2. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  3. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  4. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

  5. There is no developer on the planet that isn't aware of what their subcontractors are doing (or not doing). They hire construction superintendents. They have architects and engineers on site to observe construction progress. If your subcontractor wasn't doing their job, you fire them and find someone who will. If people wonder why more condos aren't being built, developers like Kosene & Kosene are the reason. I am glad the residents were on the winning end after a long battle.

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