News & Analysis

Glitches halt online ISTEP testing for Indiana schools

April 30, 2013
Associated Press
School districts across the state suspended the first day of ISTEP+ online testing Monday because of computer issues. IPS is reporting more problems Tuesday.
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Developers finish first project, shift focus to downtown deal

April 30, 2013
Scott Olson
Drew Loftus and Kyle Robinson are wrapping up their first project, in Broad Ripple, and have bought another building, this one downtown. A well-known architectural and design firm is slated to be the building's tenant.
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'Naptown' rock-radio documentary vying for Emmy

April 30, 2013
Chris O'Malley
The locally produced film about the golden age of WIBC, WIFE and WNAP will never break even, according to its producer, but an Emmy win would be satisfaction enough.
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Republic shares fall despite rare first-period profit

April 30, 2013
Kathleen McLaughlin
Republic Airways Holdings Inc. reported a first-quarter profit for the first time in four years Monday, but the company's stock fell Tuesday morning after the performance missed analyst forecasts.
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International Paper to fold local plant, laying off 91

April 30, 2013
Mason King
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
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Cummins earnings widely miss predictions

April 30, 2013
 IBJ Staff
The Indiana-based engine maker announced a larger-than-expected drop in quarterly profit Tuesday morning, as revenue fell 12 percent on weak demand for its products in domestic and international markets.
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Mixed performance from Pence in first legislative session

April 29, 2013
Associated Press
Legislative leaders, who spent the last eight years of working with former Gov. Mitch Daniels, graded the new governor as off to a good start, but with plenty of room for improvement.
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Indiana State Teachers Association elects new leader

April 29, 2013
 IBJ Staff
Teresa Meredith, an elementary teacher from Shelbyville, has been elected president of the Indiana State Teachers Association, replacing long-time leader Nate Schnellenberger.
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Lawmakers pass Medicaid ball back to Pence

April 29, 2013
J.K. Wall
After a four-month debate, the Legislature ended pretty much where it started on a potential expansion of Medicaid: Lawmakers are letting Gov. Mike Pence go one-on-one with President Obama to see what kind of deal he can strike.
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Hostess to open bakery in Indianapolis

April 29, 2013
Associated Press
Hostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that it will reopen bakeries in Georgia and Kansas in its effort to bring back some of its snack brands.
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Obamacare exchanges could zap WellPoint profits

April 29, 2013
J.K. Wall
According to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
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Anderson loses 'Tree City' status after 21 years

April 29, 2013
Associated Press
Anderson's title, first granted in 1991, appears to have been lost due to issues with paperwork. The status is awarded by the Arbor Day Foundation and others to recognize cities with viable tree-management plans and programs.
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Residents decry Fortville's big annexation plans as land grab

April 29, 2013
Andrea Muirragui Davis
Property owners southeast of Geist Reservoir are vowing to fight involuntary annexation of a 9-square-mile area by the town of Fortville, which would add $53.5 million to its property tax base.
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Analysis: Lawmakers put pragmatism before party

April 29, 2013
Associated Press
Left to their own devices, Indiana's Republican-led General Assembly pushed the state right ever so gently, adopting such marquee conservative priorities as tax cuts, a school voucher expansion and constrained spending in measured fashion.
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Air shows grounded without military jets

April 28, 2013
Associated Press
Dozens of air shows that draw tens of thousands of people and generate millions of dollars for local economies have been cancelled this year after the military grounded its jet and demonstration teams because of automatic federal budget cuts.
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Freight rail service expected to save time to Indy

April 28, 2013
Associated Press
Economic development officials hope a new rail service linking Indianapolis to West Coast ports in Canada will save central Indiana businesses time and money by bypassing a bottleneck in Chicago rail yards.
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Indiana 'brain drain' draws concerns at universities

April 28, 2013
Associated Press
Indiana has a higher concentration of production and manufacturing jobs. That means graduates who are seeking employment with their degree might find more opportunities outside the state.
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Developers: Law will likely kill coal-gas plant

April 27, 2013
Associated Press
Indiana Gasification LLC project manager Mark Lubbers said developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.
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Speedway state funding plan approved by lawmakers

April 27, 2013
Associated Press
The Indianapolis Motor Speedway could get $100 million in state assistance for planned improvements under a plan approved by Indiana legislators.
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Indiana Legislature passes $30 billion budget

April 27, 2013
Associated Press
Lawmakers worked feverishly into the wee hours to hammer out agreements on the budget and other issues, including an expansion of the state's school voucher program and changes to sentencing laws.
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Councilors poised to ban criminal-history questionRestricted Content

April 27, 2013
Democratic City-County Councilor Vop Osili said he expects to draft a “ban the box” ordinance this spring or summer.
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Fair Finance investors still empty-handed as trustee plows on

April 27, 2013
Greg Andrews
Many of the defendants pursued by Brian Bash and his team have few, if any, assets. And those that do have the wherewithal to fight litigation for years.
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Ownership snarl resolved, Illinois Building on block

April 27, 2013
Scott Olson
An affiliate of locally based HDG Mansur has owned the 10-story building at Illinois and Market streets since the 1980s. It’s sat empty for 10 years, thanks in large part to separate ownership of the building and the land—an arrangement once common among downtown buildings.
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Escape artist Bill Shirk can't escape the allure of broadcastingRestricted Content

April 27, 2013
Chris O'Malley
Escape artist Bill Shirk has retired his straitjacket, but remains active in radio broadcasting. His firm, Hoosier Broadcasting, in recent years bought a handful of radio stations on the Hawaiian islands and Shirk owns and is investing more money in a Boone County radio station.
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Feds scrutinize nursing home buying spreeRestricted Content

April 27, 2013
J.K. Wall
Indiana’s county-owned hospitals have rushed to acquire nursing homes in the past two years, opening a revenue stream for both the hospitals and the long-term-care facilities. But the additional federal revenue that has driven these purchases could come under threat.
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