News & Analysis

Indiana Senate panel may vote on smoking ban after all

March 29, 2011
Associated Press
Sen. Ron Alting, R-Lafayette, the chairman of an Indiana Senate committee, said he might call for a vote on the proposal at the Senate Public Policy Committee's April 6 meeting, but that he likely wouldn't allow any amendments.
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Illinois House votes to lift smoking ban at casinos

March 29, 2011
Associated Press
Tom Swoik, executive director of Illinois Casino Gaming Association, said gambling revenue has dropped 32 percent since the state's smoking ban was approved. He said the ban has cost state government about $800 million in taxes.
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Indiana House faces pressure to finish work on time

March 29, 2011
Associated Press
House Speaker Brian Bosma, R-Indianapolis, said the five week "vacation" by House Democrats means lawmakers may have to work on Fridays and Saturdays. He said representatives would go with little sleep and eat sandwiches and pizza while working at their desks if necessary to get work done.
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Indiana Senate approves marriage amendment

March 29, 2011
Associated Press
The Indiana Senate on Wednesday overwhelmingly OK'd a proposed amendment to the state constitution that would ban gay marriage and civil unions.
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New York firm wins Steak n Shake ad account

March 29, 2011
Indianapolis-based restaurant chain selects Kirshenbaum Bond Senecal & Partners as agency of record for its $18 million advertising account, ending about two years of uncertainty surrounding its marketing efforts.
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Inflation worries push consumer confidence lower

March 29, 2011
Associated Press
Shoppers' worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March.
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ITT shares plunge on competitor's enrollment woes

March 29, 2011
 IBJ Staff and Bloomberg News
Shares of Carmel-based ITT Educational Services Inc. fell as much as 6.8 percent Tuesday morning after the largest player in its industry reported a 45-percent plunge in new-student enrollment.
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Indiana budget faces hundreds of possible changes

March 29, 2011
Associated Press
More than 330 proposed amendments to the state budget bill were listed online as of Monday night, and Republican House Speaker Brian Bosma said more are pending.
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Whitestown interchange lands $8M travel plaza

March 29, 2011
Cory Schouten
A growing distribution hub anchored by Amazon.com and MedcoHealth Solutions along Interstate 65 in Boone County has inspired plans for an $8 million truck stop and travel plaza.
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Fair Finance trustee renews call for return of political donations

March 28, 2011
Cory Schouten
The trustee in the Fair Finance bankruptcy has renewed a call for recipients of political contributions from accused Ponzi schemer Tim Durham to return the tainted cash after a federal grand jury indicted Durham on 12 felony counts.
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Another suit filed in Emmis, financier dispute

March 28, 2011
Emmis Communications Corp. is accusing Alden Global Capital, which once backed Emmis CEO Jeff Smulyan's attempt to take the company private, of violating the "short-swing rule." This is the third suit involving the parties since Smulyan called off the move last year.
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Bank seeks to foreclose on Polo Club restaurant

March 28, 2011
The south-side steakhouse is named in lawsuit stemming from a $1 million loan made to the former owners of a Steak & Ale restaurant at the location on South East Street.
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Former Irwin CEO takes helm of New York foundation

March 28, 2011
 IBJ Staff
William I. Miller, the former CEO of Irwin Financial Corp., which went bankrupt in 2009, is joining The Wallace Foundation of New York as its president.
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Remy International files plans for public offering

March 28, 2011
Associated Press
Pendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has filed plans to raise up to $100 million through an initial public stock offering.
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Indiana seeks to become player in cargo flights

March 27, 2011
Associated Press
The state nicknamed the "Crossroads of America" wants to become a preferred landing spot for cargo planes, but industry leaders say Indiana could have a tough time attracting flights from neighboring states because many airports are competing for the same business and freight companies are resistant to change.
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As Japan shutdowns drag on, auto crisis worsens

March 27, 2011
Associated Press
In the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in revenue.
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Job-creation claims are hot potatoRestricted Content

March 26, 2011
Francesca Jarosz
The city’s decade-record number of job commitments in 2010 could be the most frequently discussed figure in the run-up to this fall’s mayoral election, but the number of commitments is difficult to verify.
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SPECIAL REPORT: Indiana companies charge into China

March 26, 2011
Greg Andrews
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
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Growth funding drying up in Indianapolis

March 26, 2011
Francesca Jarosz
A key financial stepping stone for Indianapolis-area startups is dwindling, with no significant replacement on the horizon.
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Hospitals' finances improve somewhat in 2010Restricted Content

March 26, 2011
J.K. Wall
It was a good but not great year financially for three of the four largest hospital systems operating in the Indianapolis area last year—and hospital analysts are expecting several head winds to continue.
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WXLW beats odds to stay in sports-talk radioRestricted Content

March 26, 2011
Anthony Schoetle
Small Franklin station has survived loss of ESPN affiliation, emergence of better-funded competitors.
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High-end home audio gear will be made in IndianaRestricted Content

March 26, 2011
Kathleen McLaughlin
A team of former Klipsch Group engineers has spent the two years trying to infuse high-end home audio equipment with the all-in-one sophistication of a smartphone.
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Versus forces IndyCar to kill online streamingRestricted Content

March 26, 2011
Anthony Schoettle
IndyCar's television partner is planning its own online content, but that doesn't satisfy some racing fans.
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IU Health cancels $73M project, acquires Gateway PlazaRestricted Content

March 26, 2011
J.K. Wall
Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
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Can China maintain pace of economic growth?

March 26, 2011
Greg Andrews
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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