News & Analysis

Bank to give homebuyers $15K for down payments

September 5, 2014
Jared Council
Wells Fargo is unveiling a $4.5 million program in Indianapolis that would provide a huge chunk of up-front money for eligible homebuyers.
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Obamacare tax rule that split appeals courts gets rehearing

September 5, 2014
Bloomberg News
The full U.S. Court of Appeals will rehear a case on Obamacare tax subsidies, granting a government request in a move that may reduce chances of a new Supreme Court showdown over a central part of the law.
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Wabash National plans Frankfort factory, 100 jobs

September 5, 2014
Associated Press
Wabash National announced Friday that its new manufacturing complex in Frankfort, about 45 miles northwest of Indianapolis, will expand its Wabash Composites business.
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Unemployment rate dips even as hiring slows

September 5, 2014
Associated Press
The unemployment rate fell to 6.1 percent from 6.2 percent in August, although U.S. employers added fewer jobs than expected.
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Ritz asks for money to cover textbook costs

September 5, 2014
Associated Press
Indiana Superintendent of Public Instruction Glenda Ritz is also asking for a 3-percent increase in education spending.
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Strong European sales goose Hurco's quarterly results

September 5, 2014
Norm Heikens
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
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UPDATE: Indiana Supreme Court hears right-to-work arguments

September 4, 2014
 The Statehouse File
The state's highest court heard arguments Thursday from an attorney representing labor groups and from the state's solicitor general over whether Indiana's right-to-work law is constitutional.
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NCAA asks for dismissal of 2 scholarship lawsuits

September 4, 2014
Associated Press
The NCAA and 11 conferences that have played major college football in recent years have filed a motion to dismiss two antitrust lawsuits that accuse the association of illegally capping compensation to athletes.
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Court ruling over gay marriage sparks celebration, confusion

September 4, 2014
Associated Press
Supporters of gay marriage celebrated in Indiana on Thursday after a federal appeals court upheld a ruling that the state's ban on same-sex unions is unconstitutional. But many took a cautious approach to the ruling, noting the legal fight is far from over.
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WTHR-TV ends fee dispute with DirecTV

September 4, 2014
 IBJ Staff
WTHR-TV Channel 13 was available to DirecTV subscribers again late Thursday night after the Indianapolis station and the satellite-TV provider reached an agreement in their dispute over fees.
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UPDATE: Court rules against gay marriage bans in Indiana, Wisconsin

September 4, 2014
Associated Press
The unanimous decision from an U.S. appeals court in Chicago found the bans were unconstitutional. The states could ask for a re-hearing at the appeals court or could appeal to the U.S. Supreme Court.
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Appeals court affirms all but two of Durham's convictions

September 4, 2014
Greg Andrews
The appellate court reduced Tim Durham's felony convictions from 12 to 10 and ordered him resentenced. It said the government, in an "oversight," had failed to submit key evidence related to the two dismissed counts.
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Shapiro's to open restaurant in Fashion Mall

September 4, 2014
Jeff Newman
The 4,200-square-foot restaurant will be about 60 percent smaller than Shapiro’s downtown flagship location, but will carry most of the same menu items the deli is known for, plus some new ones.
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Mortgage firm to expand to Westfield, add 360 jobs

September 4, 2014
Mason King
California-based Carrington Mortgage Services said Thursday it plans to spend $3.2 million to open an office in Westfield. In addition to the new hires, about 180 employees in Fishers would move to the Westfield location.
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Ex-Indiana Secretary of State White gets Internet show

September 4, 2014
Associated Press
Former Indiana Secretary of State Charlie White might have been convicted of voter fraud, but he's getting his own Internet radio talk show.
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Lilly says new insulin fares better than rival's in late-stage tests

September 4, 2014
Associated Press
The Indianapolis-based drugmaker said Thursday that peglispro produced statistically significant lower blood sugar levels in patients when compared to people who took the Sanofi insulin Lantus in two late-stage studies of people with type 1 diabetes.
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Indiana Legion set to dedicate new headquarters

September 4, 2014
Associated Press
After 88 years in its current downtown Indianapolis location, the group is marking its move from downtown to the former Fort Benjamin Harrison in Lawrence.
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State board settles open meetings suit, admits no guilt

September 4, 2014
Hayleigh Colombo, Chalkbeat Indiana
The State Board of Education will pay $15,000 to resolve allegations it used email to circumvent legal requirements.
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Lin Dunn's Hall of Fame career comes to an end

September 3, 2014
Associated Press
Indiana Fever coach Lin Dunn's postgame meeting with her players Wednesday was unlike any season wrap-up speech she had ever given.
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Colts aim to stay course during Irsay's absence

September 3, 2014
Associated Press
The Colts went back to work Wednesday as team owner Jim Irsay started his six-week suspension by the National Football League, just four days before the season opener against Peyton Manning and the Denver Broncos.
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State OKs rules to license teachers without education degrees

September 3, 2014
Associated Press
The State Board of Education approved new rules Wednesday for teacher licensing that make it easier for college graduates without education degrees to get jobs in Indiana classrooms.
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Pence fills opening on Indiana Utility Regulatory Commission

September 3, 2014
Associated Press
James Huston fills a vacancy on the IURC created in May when James Atterholt, who had been the panel's chairman, stepped down to become Pence's chief of staff.
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Purdue still wants ex-chancellor report kept secret

September 3, 2014
Associated Press
Purdue University is continuing efforts to keep secret a report about the ouster of the Fort Wayne campus chancellor, even though federal and state judges have ruled it isn't protected by attorney-client privilege.
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Repayments to church scam investors wrapping up

September 3, 2014
Associated Press
The last refund checks to devout investors who lost millions in what amounted to a religious Ponzi scheme are ready to be mailed after being tied up in court for nearly a decade.
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Lilly Endowment pumps $14.5M into MBAs for school leaders

September 3, 2014
J.K. Wall
The endowment hopes to expand educational MBA programs, including one at the University of Indianapolis, to give business skills to more principals and superintendents at Indiana public schools.
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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