News & Analysis

Election turnout up only slightly this year

November 4, 2010
Associated Press
Slightly more Indiana voters cast ballots in this year's midterm election than in the last one four years ago despite predictions of a much bigger turnout.
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Marsh rolls out new name at certain stores

November 4, 2010
Francesca Jarosz
The name change could be part of a strategy to rebrand Hometown Markets and make them more appealing for an eventual sale.
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IU economists: Slow growth expected in 2011

November 4, 2010
Scott Olson
Economic growth will remain sluggish into next year as companies remain hesitant to add jobs, Indiana University economists said Thursday morning during their annual forecast.
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Kite Realty improves third-quarter results

November 4, 2010
 IBJ Staff
Indianapolis-based Kite Realty Group Trust improved its financial performance in the third quarter, reporting funds from operations of $7.8 million, up from $2.8 million in the same period last year despite a slight dip in revenue.
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Fishers valve maker plans expansion

November 4, 2010
 IBJ Staff
Nexus Valve Inc. plans to invest $2.3 million to expand its headquarters and distribution operations, adding up to 21 jobs by 2015.
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Indiana's GOP leaders want school changes

November 3, 2010
Associated Press
The school plan that House Republicans presented during the campaign calls for giving parents more options, holding teachers accountable and putting more education dollars in classrooms rather than administration.
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Democrats look to rebuild after Republican gains

November 3, 2010
Associated Press
Indiana Democrats are looking for a life preserver heading toward 2012. And their best hope might rest with the man some blame in part for at least one of the party's losses: retiring Sen. Evan Bayh.
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Indiana revenue in October down from year ago

November 3, 2010
Associated Press
The state Budget Agency reported Wednesday that Indiana collected $959 million in October. That's $23 million below the most recent forecast and about $81 million less than projected in the budget lawmakers passed in 2009.
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Group says billboard companies rejected anti-Lilly ad

November 3, 2010
Scott Olson
San Francisco-based Breast Cancer Action wanted its message, "Eli Lilly is making us sick. Tell them to stop," posted on local billboards. But numerous sign companies refused, the group said.
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Rock Bottom Brewery tries to hang onto downtown lease

November 3, 2010
Kathleen McLaughlin
Downtown landlord John Goodman has rejected Rock Bottom Brewery's attempt to renew its lease for five more years. The restaurant has occupied 14,600 square feet at 10 W. Washington St. since June 1, 1996.
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Pence to step down as No. 3 House GOP leader

November 3, 2010
Associated Press
Indiana Rep. Mike Pence alluded to a potential presidential bid in a statement he issued to his colleagues announcing he will step down as GOP conference chairman.
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New GOP-led House will focus on private-sector job creation

November 3, 2010
Francesca Jarosz
With new control of the Indiana House, Republican lawmakers plan to pursue an agenda focused on encouraging the private sector to create jobs and passing a budget without tax increases.
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No 'inappropriate communications,' Duke Energy CEO says

November 3, 2010
Scott Olson
Duke Energy Corp.'s top exec told the Indiana Utility Regulatory Commission that he's confident the IURC's former top attorney had no influence on decisions regarding the utility's Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.
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Anderson makes headway in disposing of former GM sites

November 3, 2010
Kathleen McLaughlin
The city of Anderson is nearing a milestone in its effort to find new uses for numerous former General Motors sites that have been in its possession since 2006.
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Hancock County utilities set to proceed with merger

November 3, 2010
Scott Olson
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
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City commission set to approve refinery plans

November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs by 2013.
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Seeking growth, Lilly dumps Singapore for China

November 3, 2010
J.K. Wall
After recently deciding to close a research center in Singapore, Indianapolis-based Eli Lilly and Co. has decided to open a diabetes research center in China in the second half of 2011, further ramping up the drugmaker's presence in the world's fastest-growing pharmaceutical market.
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Q&A: Jim Hamilton

November 3, 2010
J.K. Wall
Jim Hamilton, an employee-benefits lawyer at Bose McKinney & Evans in Indianapolis, discussed the likelihood of a Republican-controlled U.S. House of Representatives changing or even outright repealing the health care reform law, formally known as the Patient Protection and Affordable Care Act.
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WellPoint boosts third-quarter profit, raises forecast

November 3, 2010
J.K. Wall
The Indianapolis-based health insurer raised its full-year profit forecast by 20 cents per share, after lower-than-expected claims and lower administrative costs increased third-quarter profit by 1 percent.
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After 2008 change, Indiana returns to GOP roots

November 3, 2010
Associated Press
Republicans picked up the U.S. Senate seat vacated by Democrat Evan Bayh and two southern Indiana congressional seats that had been held by Democrats. They also appeared poised to claim a two-thirds majority in the Indiana Senate and take control of the state House of Representatives.
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School referendums voted down in several districts

November 2, 2010
 IBJ Staff
Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.
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GOP takes 2 Indiana congressional seats from Dems

November 2, 2010
Associated Press
Republicans defeated Democratic Rep. Baron Hill and captured another seat Tuesday that the party had targeted as part of its effort to win control of the U.S. House, but Rep. Joe Donnelly prevented a GOP sweep of Indiana's three swing districts.
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Democrats win prosecutor's race, other Marion County seats

November 2, 2010
 IBJ Staff
Democrat Terry Curry has been elected Marion County prosecutor, defeating Republican candidate Mark Massa in a close race. Democrats also won the sheriff's race and other countywide seats.
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Democrat Donnelly holds on in 2nd District

November 2, 2010
Associated Press
Democrats have held onto one of the most hotly contested congressional seats in the country with Rep. Joe Donnelly barely winning re-election Tuesday in northern Indiana's 2nd district.
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GOP retains control of Indiana statewide offices

November 2, 2010
Associated Press
Republican Charlie White overcame allegations of voter fraud to become Indiana's next chief election officer, and Republican incumbents held onto their jobs as auditor and treasurer.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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