News & Analysis

ITT Educational Services fears recruitment rulesRestricted Content

November 6, 2010
J.K. Wall
New recruiter compensation rules adopted by the U.S. Department of Education could be one more thing that slows or even reverses the torrid growth of Carmel-based ITT Educational Services Inc.
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City revokes four cab companies' licenses

November 5, 2010
The license revocations stemmed from violations such as failure to maintain a dispatch log, failure to maintain a dispatch facility and failed body or mechanical inspections.
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State therapists brace for new structural changes

November 5, 2010
Francesca Jarosz
Some say lower-quality service would result from Family and Social Services Administration changes that require independent therapists to work for agencies.
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Indianapolis Super Bowl project gets $1M boost

November 5, 2010
Associated Press
The grant from JPMorgan Chase Foundation clears the way for construction of the Chase Near Eastside Legacy Center.
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TV ratings for Pacers on the upswing

November 5, 2010
Anthony Schoettle
A revamped roster, new satellite TV agreement, and an overall boost of interest in the NBA is credited for more viewership of the local NBA team.
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Employers add jobs, but rate sticks at 9.6 percent

November 5, 2010
Associated Press
U.S. employers added the most jobs in five months in October, with the education and health care sectors leading the way.
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Daniels: No word on White House run until April

November 5, 2010
Associated Press
Republican Indiana Gov. Mitch Daniels says politicians thinking about the next election in 2012 should "stifle" themselves for a while.
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Indiana Live owners miss interest payment

November 4, 2010
 IBJ Staff and Bloomberg News
The owners of Indiana Live racetrack and casino failed to make an interest payment due Nov. 1 on $375 million in debt, providing additional fodder for credit analysts already worried about its financial condition.
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Daniels wants changes in education, unemployment

November 4, 2010
Associated Press
Republican Gov. Mitch Daniels' 2011 legislative agenda includes expanding charter schools, establishing merit pay for teachers, cutting unemployment benefits and raising unemployment insurance taxes on businesses.
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Lilly wins approval of antidepressant Cymbalta for pain

November 4, 2010
Bloomberg News
The Food and Drug Administration has cleared Cymbalta for musculoskeletal pain such as arthritis and chronic lower back conditions, which could mean another $500 million in annual sales for Lilly, an analyst estimates.
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Part of City Market renovation project put on hold

November 4, 2010
Francesca Jarosz
City planners have downsized their renovation plans because project bids came in too high to meet the $2.7 million budget.
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KAR Auction reports higher profit, revenue

November 4, 2010
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of 2009. Profit tripled, to $25.6 million.
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Brightpoint shares rise after results top expectations

November 4, 2010
 IBJ Staff
The wireless-device distributor reported revenue of $889 million in the third quarter, an increase of 3 percent compared to the same quarter of 2009.
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Library cuts 37 employees in effort to reduce deficit

November 4, 2010
The Indianapolis-Marion County Public Library's decision to reduce its work force is in response to expected revenue annual shortfalls of up to $4 million through 2013. The cuts follow a reduction in hours last month.
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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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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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