News & Analysis

Jimmy John’s says hacker stole credit-card data at 216 stores

September 24, 2014
 Bloomberg News and IBJ Staff
The data breach affected a dozen stores in Indiana, including four in Indianapolis and one in Carmel.
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Lykins stepping down as Citizens CEO in 2015

September 24, 2014
Jeff Newman
Carey Lykins has been with Citizens for 42 years, including the past nine as president and CEO. He joined the local utility group as a cashier in 1973 when it was known as Citizens Gas & Coke Utility.
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New area code on tap for Indianapolis region

September 24, 2014
Kathleen McLaughlin
The telecommunications industry wants to add a new area code for the parts of central Indiana covered by 317. The bottom line for all residents: 10-digit dialing would be required for local calls.
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Report: Indiana high court heard 80 cases in last year

September 24, 2014
Associated Press
The court's annual report says the justices were asked to review 995 cases. Eighty of those cases made it to oral arguments. The justices read thousands of pages of briefs before deciding which cases to hear.
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New IPS teacher contract includes performance bonuses

September 24, 2014
Hayleigh Colombo, Chalkbeat Indiana
Under the pact approved by the school board Tuesday, teachers who were rated “effective” last fall can earn a $1,500 one-time bonus.
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MacAllister Machinery plans $44.5 million headquarters

September 24, 2014
 IBJ Staff
The longtime Caterpillar dealer said the 300,000-square-foot project on 133 acres at 6300 Southeastern Ave.will create 70 jobs.
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More insurers to offer health law plans next year

September 23, 2014
Associated Press
The Health and Human Services department on Tuesday reported a net increase of 63 insurers joining the market in 43 states plus Washington, D.C.
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White takes next step in hoops career, becomes Fever coach

September 23, 2014
Associated Press
Stephanie White was the perfect fit to coach the Indiana Fever. After all, the Indiana native has virtually spent her whole life in the Hoosier state.
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Indiana’s use of renewable energy up over past decade

September 23, 2014
 The Statehouse File
In 2002, less than 2 percent of the state’s energy use came from renewable resources. By 2012, the last year for which objective statistics are available, the rate increased to more than 5 percent.
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State's way of paying public defenders debated

September 23, 2014
Associated Press
The state pays the salaries of its judges and prosecutors, but public defenders are paid by counties that are only partially reimbursed for their costs—an approach that some including the executive director of the Indiana Public Defender Council want to see changed.
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Indiana Toll Road operator set for short bankruptcy

September 23, 2014
Bloomberg News, Associated Press
The operator of the Indiana Toll Road, which paid $3.8 billion for a 75-year operating lease, won approval Tuesday of a schedule paving the way to exit bankruptcy court protection in just more than a month.
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ExactTarget parent wants to build office tower in Indianapolis

September 23, 2014
Jared Council
The CEO of Salesforce.com, which purchased ExactTarget for $2.5 billion last year, told IBJ on Tuesday morning that the firm was looking for the right opportunity.
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Solana apartment complex sells for $60.5 million

September 23, 2014
Mason King
The sale by Indianapolis-based developer Milhaus is just the latest chapter in the twisty story of the high-end development, which is at the southeast corner of East 78th Street and Keystone Avenue.
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Angie's List to pay $2.8M in membership-fee settlement

September 23, 2014
Mason King
The settlement stems from a 2012 lawsuit alleging that the consumer-reviews firm renewed members at a higher rate than they were led to believe.
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Investors plan $6M Grand Park Fieldhouse in Westfield

September 23, 2014
Andrea Muirragui Davis
A private investment group led by Fishers entrepreneur Andy Card on Tuesday announced plans to build Grand Park Fieldhouse, a $6 million indoor facility for basketball and volleyball at Westfield’s Grand Park Sports Campus.
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Local money manager settles proxy fight, wins board seat

September 23, 2014
Greg Andrews
Carmel investment firm JWEST LLC ended up with one board seat, rather than the two it sought, but also got Rand Logistics to agree to a range of governance reforms.
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LDI acquisition could be latest springboard for growth

September 23, 2014
Jeff Newman
Indianapolis-based private investment company LDI Ltd. has acquired a small biotech manufacturer in a deal it says could be the launching point for many more acquisitions.
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Purdue: More students staying in, finishing school

September 23, 2014
Associated Press
Purdue says the increased success rates are due largely to efforts at recruiting and providing financial aid for students who are prepared for the school's academic challenges.
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Court suspends ex-bar association treasurer's license

September 23, 2014
Dave Stafford
The former treasurer for the Marion County Bar Association has been suspended from the practice of law for a minimum of two years for taking more than $9,100 from the organization.
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Prolific Fletcher Place developer tackling another project

September 23, 2014
Scott Olson
Demand for office space in the neighborhood is driving Deylen Realty's $1.2 million redevelopment of a building on South College Avenue that originally housed a bowling alley.
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Council Dems say they're pushing preschool debate into 2016

September 23, 2014
Hayleigh Colombo, Chalkbeat Indiana
City-County Council President Maggie Lewis and Vice President John Barth said children could be served next year by the state’s much smaller pilot program, which will reach nearly 800 economically disadvantaged four-year-olds in Marion County.
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More funds earmarked for domestic violence programs

September 22, 2014
 The Statehouse File
If all the money is distributed, it will bring the state’s total spending on domestic violence programs to $4.2 million this year. That’s about 35 percent more than the state spent last year.
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Democratic opponent calls Turner 'ghost' candidate

September 22, 2014
Associated Press
Democratic House candidate Bob Ashley said the way in which Turner is leaving the General Assembly effectively means the voters in his central Indiana district have a choice between Ashley and whichever official local Republicans pick for the seat.
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IU Health to bypass Indy next year on Obamacare exchange

September 22, 2014
J.K. Wall
IU Health Plans, the insurance arm of the Indianapolis-based hospital system, is limiting itself to three middle-size markets next year—Bloomington, Lafayette and Muncie—even though the bulk of its facilities is in the metro area.
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Meijer planning to build store in Glendale area

September 22, 2014
Scott Olson
The big-box retailer wants to create a 200,000-square-foot store at the southwest corner of 56th Street and Keystone Avenue in a project that would dramatically recast a section of one of the city's busiest commercial corridors.
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  1. On my rental property, before tax caps, I was paying $2,000/yr in property taxes. After the tax caps I'm paying $4,000/yr. How exactly am I "benefiting the most"?

  2. Nick, I too tried that new Walmart NM on Michigan a couple of weeks ago. I had the same feeling, it had good prices, but something was just off about it. I can't put my finger on what it is, but it just didn't feel right. On the plus side, it was easy to get in and out of and much less busy than a typical Walmart.

  3. @Young Hoosier - you might want to check out the Paris skyline again....it's decidedly taller than 7-8 stories http://all-that-is-interesting.com/paris-skyline-photo

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  5. So the GOP legislature passed a bill that gave big breaks to business at the expense of Indiana families. Color us not surprised.

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