News & Analysis

Pay rises faster at Indiana public universities than national peers

April 11, 2013
J.K. Wall
The campus with the highest-paid faculty was Purdue at West Lafayette, where the average salary was $101,000, followed closely by IU-Bloomington, where salaries averaged $98,400.
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Fiscal tug-of-war stalls Indiana voucher expansion

April 11, 2013
Associated Press
A plan to make vouchers more widely available to families has met a roadblock: So despite the momentum, lawmakers say they want more time to look at the voucher program approved two years ago.
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Expected revenue slump spurs Lilly to cut sales force

April 11, 2013
J.K. Wall
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
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Former symphony chief lands in sunnier position

April 11, 2013
Simon Crookall, who ended an often-stormy, seven-year run at the Indianapolis Symphony Orchestra in 2012, has been hired to take over the Hawaii Opera Theatre in May.
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State Farm must pay Fishers contractor $14.5M, court rules

April 11, 2013
 IBJ Staff, Indiana Lawyer Staff
The Indiana Court of Appeals has affirmed a $14.5 million award of damages against State Farm Insurance to a Fishers-based construction firm. The award is one of the largest defamation awards in U.S. history, according to the court.
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Bill to handle abandoned homes still on track

April 11, 2013
Dave Stafford
State Sen. Jim Merritt wanted to help an eastside Indianapolis church gain possession of some long-abandoned, derelict houses, tear them down and establish a park. The difficulty in doing so led to a bill that would make such improvements easier.
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Chamber prez Miller resigns after 18 months

April 11, 2013
Norm Heikens
Scott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to the private sector.
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Employer health coverage on 10-year fall, study says

April 11, 2013
Bloomberg News
Indiana, Michigan and South Carolina saw the steepest declines in employer-backed coverage from 2000 to 2011, according to a study released Thursday.
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Lawmaker seeks relief for fed-up water customers

April 11, 2013
Kathleen McLaughlin
As citizens of Zionsville, residents of the Royal Run subdivision have had little recourse against the Whitestown-owned water utility that charges them 78 percent more than its customers to the north.
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Power producer to build new HQ in Bloomington

April 11, 2013
Mason King
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.
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Bill to change school-grades system moves forward

April 10, 2013
Associated Press
Indiana's A-F grading system for individual schools would be scrapped and implementation suspended on a national set of reading and math education standards under a bill the state Senate approved Wednesday.
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Welfare recipient drug testing clears Indiana Senate

April 10, 2013
Associated Press
The bill would require all applicants for Temporary Assistance for Needy Families to complete a written screening test for possible drug abuse problems.
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Looser superintendent rules advance on tiebreaker

April 10, 2013
Associated Press
A proposal to no longer require Indiana's local school superintendents to hold a state superintendent's or teacher's license passed the state Senate after Lt. Gov. Sue Ellspermann cast her first tie-breaking vote.
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Limited school voucher expansion approved by Senate

April 10, 2013
Associated Press
The Senate proposal would allow siblings of students already receiving vouchers to qualify for the program, raise the value of each voucher by $200 and eliminate a one-year waiting period in public schools for students who attend "failing" schools.
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Area homebuilding permits jump 10 percent

April 10, 2013
 IBJ Staff
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
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Senate passes new criminal sentencing rules

April 10, 2013
Associated Press
Supporters hope changes to sentencing laws will direct more people convicted of low-level felonies to work release and other local programs. It also would require those convicted of the most-serious crimes to spend more time in prison.
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American adding new flights from Los Angeles

April 10, 2013
Associated Press
American Airlines said Wednesday it is adding nonstop flights to more cities from Los Angeles, including to Indianapolis starting Aug. 27.
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House Speaker Bosma returns to podium after surgery

April 10, 2013
Associated Press
Brian Bosma missed all of last week's action in the Statehouse due to a serious infection developed from an artificial knee replacement.
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Bank of Indiana parent files Chapter 11, to sell branches

April 10, 2013
Chris O'Malley
The bankruptcy of Bank of Indiana's parent and the planned sale of its branches bring to a close management's quest to turn around an institution that was buffeted by borrower defaults during the financial crisis.
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California firm snaps up downtown office towers

April 10, 2013
Scott Olson
Hertz Investment Group has closed on its purchase of the 650,000 square-foot, two-tower Capital Center and its 525-space underground parking garage.
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Local Komen event registrations lag last year's slow pace

April 10, 2013
Andrea Muirragui Davis
Participation in Indianapolis’ massive annual Race for the Cure fundraising event took a hit last year as controversy swirled around policies at the national Susan G. Komen organization. This year, Mother Nature is getting the blame.
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Steak n Shake facing new suit over mandatory menu pricing

April 10, 2013
Scott Olson
Another Steak n Shake franchise owner is suing the company over its controversial practice that prohibits restaurants in the chain from setting their own menu prices, even after a federal appeals court sided with a franchisee.
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Indianapolis controller leaving for education group

April 10, 2013
Kathleen McLaughlin
The city will lose its controller a few months before the 2014 budget is due to be presented to the City-County Council.
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Indiana law change allows younger children as referees

April 10, 2013
Associated Press
A southern Indiana boy has successfully spurred a change in state law that will allow sports leagues to hire youngsters like him as referees.
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Existing-home sales market surging 15 percent across Indiana

April 9, 2013
Associated Press
The housing market has spiked so much in some places that real estate agents are turning to Facebook and going door-to-door looking for prospective sellers because of a shortage of houses for sale.
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