News & Analysis

Republic's big moves pay off, but rival airline's deal poses threatRestricted Content

October 2, 2010
Chris O'Malley
Republic Airways Holdings not only beat analysts' second-quarter estimates this year, but also posted a profit. But just weeks after the new player in scheduled service announced those solid results, arch-enemy Southwest Airlines announced it was buying AirTran for $1 billion.
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Firms with jobs ask for the moon; governments here show restraint

October 2, 2010
Norm Heikens
Businesses have always held the upper hand in negotiating for incentives with local government, but the past couple of years have given rise to the most intensely competitive economic development environment since the early 1980s.
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Cultural Trail to hire first executive directorRestricted Content

October 2, 2010
Kathleen McLaughlin
A new not-for-profit organization will try to raise more than $700,000 a year for the trail’s ongoing maintenance, and it will market the trail as a tourism and economic-development engine.
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Ex-manager accuses Butler Kia of keeping violent employeeRestricted Content

October 2, 2010
Chris O'Malley
A former sales manager at Butler Kia alleges a co-worker pulled a gun on employees—yet was kept on the job for several months afterward.
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City halts apartment developer

October 2, 2010
Cory Schouten
The Near North Development Corp. asked the city in a Sept. 2 e-mail to compare the renderings for the Di Rimini apartment project at 733 N. Capital Ave. with what was actually taking shape. A week later, the Department of Code Enforcement issued a stop-work order for the project.
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State auto jobs creeping up againRestricted Content

October 2, 2010
Kathleen McLaughlin
Employment in Indiana’s auto industry has stabilized, and manufacturers even are hiring in small numbers. Hoosier automakers and parts suppliers added 10,000 workers this year through August, bringing total employment in the sector to 100,400.
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Heightened competition puts mayors on hot seat

October 2, 2010
Norm Heikens
Elected officials are struggling to know how to respond to the weak economy and constituent demands for jobs.
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Angie's List investors not ready to cash in yet

October 2, 2010
Greg Andrews
The 15-year-old company now has raised nearly $100 million in debt and equity financing and backing from individuals.
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Stanley moving production to new Greenfield plant

October 1, 2010
Andrea Muirragui Davis
Connecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
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Biglari adjusts controversial pay proposal

October 1, 2010
Cory Schouten
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
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Hiring students to replace guards may violate federal rules

October 1, 2010
Kathleen McLaughlin
The Indianapolis Museum of Art's plan to employ 100 students through a federally funded work-study program is on hold, pending a compliance review by IUPUI.
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Furniture distributor plans Gas City operations

October 1, 2010
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
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Hudnut joins D.C. office of local lobbying firm

October 1, 2010
Hudnut will represent clients in federal government matters for Bose Public Affairs Group LLC, an Indianapolis-based lobbying firm. The former four-term Indianapolis mayor served the city from 1976 to 1992.
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Circle City Classic organizers look to boost 27-year-old event

October 1, 2010
Anthony Schoettle
A management shift and a renewed marketing effort that includes new attractions and increased advertising in key markets has Circle City Classic organizers optimistic about the annual event's future.
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Drugmakers’ ‘doughnut hole’ deal to shave sales

October 1, 2010
Bloomberg News
Drugmakers including Pfizer Inc., AstraZeneca, Bristol-Myers Squibb Co. and Eli Lilly and Co. may provide more than $2 billion in drug discounts to senior citizens next year under a deal pharmaceutical companies made with the White House.
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Feds charge 3rd man with Clean Water violations

September 30, 2010
Associated Press
Joseph Biggio, who was executive vice president of operations at Ecological Systems Inc. from 2001 through 2007, was charged Thursday with two counts of violating the Clean Water Act and one count of making false statements.
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Indiana Supreme Court rulings uphold casino rights

September 30, 2010
Associated Press
The court issued a pair of split rulings bolstering the rights of casinos by ruling against a woman who said a riverboat preyed on her gambling addiction and a card counter who sued for the right to play blackjack.
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EEOC suing local hotel for race discrimination

September 30, 2010
Equal Employment Opportunity Commission's lawsuit against the owners of a Hampton Inn on the east side charges that the hotel treated black housekeepers unfairly.
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Court of Appeals upholds Miller estate decision

September 30, 2010
Kathleen McLaughlin
The Indiana Court of Appeals has sided with former Columbus, Ind., banker Will Miller in an estate battle launched by his older brother, Hugh. In an opinion issued Thursday, the court said Will Miller was correct to spend more than $20 million over 3-1/2 years on the upkeep of properties owned by the wealthy Columbus family.
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Local ordinance could be key in City Market discrimination flap

September 30, 2010
Scott Olson
Unlike state and federal law, city ordinance prohibits discrimination based on sexual orientation. That may be enough for the city to take action against Just Cookies, which operates in City Market, for declining a request based on the customer's sexual orientation.
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Crowne Plaza walkway to add to city's connectivity

September 30, 2010
Anthony Schoettle
Officials for Crowne Plaza Hotel downtown said a $400,000 enclosed connector linking the hotel to the convention center will be done in February.
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Indy Racing League near big sponsorship deal

September 30, 2010
Anthony Schoettle
Fresh off signing deal with Brazilian coffee maker, Indy Racing League executive promises much bigger sponsorship announcement within two weeks.
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Hogsett confirmed as U.S. attorney

September 30, 2010
 IBJ Staff
Indianapolis attorney Joe Hogsett has received approval from the full Senate to be the next U.S. attorney for the Southern District of Indiana.
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Indianapolis, Fort Wayne brokerages complete merger

September 30, 2010
Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed annuity sales of more than $1 billion.
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Children's Museum to revamp area for preschoolers

September 30, 2010
 IBJ Staff and Associated Press
The Children's Museum of Indianapolis has received a three-year, $700,000 grant from the PNC Foundation to renovate its early childhood exhibit, Playscape. It is the first major gift the foundation has made in Indianapolis.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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