News & Analysis

UPDATE: Republic Airways loses $22M on fuel, maintenance

May 3, 2011
 IBJ Staff and Associated Press
Indianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance costs.
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Verizon retirees coming to city to protest executive pay

May 3, 2011
 IBJ Staff
The Association of BellTel Retirees Inc. will press the board of Verizon Communications Inc. to tighten standards for executive pay when the New York company holds its annual meeting in Indianapolis this week.
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'Survivor' star looking for investors for casino game

May 3, 2011
Scott Olson
Rupert Boneham has created a casino table game and is searching for investors to help market it. A portion of the game's revenue will benefit his Indianapolis charity, Rupert's Kids.
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Duke Energy quarterly profit rises almost 15 percent

May 3, 2011
Associated Press
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
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School moving to vacant downtown building

May 3, 2011
Tom Harton
A small private school that serves gifted and talented students intends to move to a downtown building that has been vacant since a daycare center moved out three years ago.
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Watchdog: State agency heads colluded on gas deal

May 2, 2011
Chris O'Malley
Former Indiana Utility Regulatory Commission chief David Hardy and the state's then-finance director, Jennifer Alvey, improperly discussed the merits of a $6.9 billion contract the Indiana Finance Authority ultimately struck with operators of the Indiana Gasification plant proposed for Rockport, plant opponents alleged Monday.
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CNO Financial's first-quarter profits surge 59 percent

May 2, 2011
J.K. Wall
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.
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FDA OKs new diabetes pill from Lilly, Boehringer

May 2, 2011
 IBJ Staff and Associated Press
The Food and Drug Administration says it has approved a new diabetes pill from Boehringer Ingelheim and Eli Lilly for patients who can't control their blood sugar with older medicines.
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Honda to cut production of new Civic, other models

May 2, 2011
Associated Press
Honda Motor Co. warned U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer because of parts shortages caused by Japan's earthquake.
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Indianapolis mayor challengers among primary hopefuls

May 2, 2011
Associated Press
Democrats will choose their candidate Tuesday to run against Indianapolis Republican Mayor Greg Ballard, while voters statewide pick nominees for city offices.
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Fee could feed $100M to hospitals

May 2, 2011
J.K. Wall
Indiana hospitals could pull in more than $100 million a year from the federal government under a new assessment fee included in the state’s 2011 budget bill.
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Economist: Expect boom in medical offices

May 2, 2011
J.K. Wall
Demand for medical office buildings is set to grow twice as fast as it was expected to in the next decade, thanks to the Patient Protection and Affordable Care Act.
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Business groups say legislative session among best

May 2, 2011
Francesca Jarosz
Victories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and the weakening of an immigration bill that initially resembled a controversial Arizona law.
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St. Vincent settles class-action debt-collection case

May 2, 2011
The hospital paid $31,500 to settle a class-action lawsuit brought by a patient who claimed St. Vincent used a debt collector that was not licensed in Indiana.
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Controversial utility bill heads to governor

May 2, 2011
Chris O'Malley
Opponents say the legislation shifts clean-energy risks to ratepayers and protects utility shareholders. Utilities say they need the legislation to help them comply with federal pollution mandates.
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Pence to call supporters; may signal 2012 plans

May 2, 2011
Associated Press
Republican U.S. Rep. Mike Pence is planning a private conference call with supporters this week, fueling speculation that he will make an announcement soon on whether he'll run for Indiana governor in 2012.
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Two area landmarks make ‘Most Endangered’ list

May 2, 2011
This year's list compiled by Indiana Landmarks includes the Taggart Memorial at Riverside Park in Indianapolis and a portion of historic downtown Greenwood.
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Daniels to decide on White House bid within weeks

May 2, 2011
Associated Press
Indiana Gov. Mitch Daniels, who is on an East Coast trip this week, says he'll decide within weeks whether to run for president.
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Marsh hires Price Chopper executive as chairman, CEO

May 2, 2011
 IBJ Staff
As expected, grocery industry veteran Joseph M. Kelley has been named chairman, president and CEO of Marsh Supermarkets Inc., the Indianapolis-based company said early Monday.
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Obama reschedules Indianapolis visit for Friday

May 1, 2011
Associated Press
President Barack Obama plans to make his postponed visit to an Indianapolis auto parts manufacturer on Friday and will use the occasion to talk about plans for dealing with rising gas prices.
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Districts: Full-day kindergarten funds not enough

May 1, 2011
Associated Press
Indiana Gov. Mitch Daniels' plan to allocate $47 million for full-day kindergarten in districts that don't offer it isn't likely to be enough to make that vision a reality, some districts say.
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Uncertain pilot labor situation creates turbulence at RepublicRestricted Content

April 30, 2011
Chris O'Malley
Republic Airways Holdings' 2009 purchases of regional airlines has created one of the industry’s most complicated labor integration challenges, particularly among pilots now represented by different unions.
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Watchmaker has a flair for precision

April 30, 2011
Sean Morrison
Bill Rostiser has practiced watchmaking for more than half of his life. At 60, he has worked 38 years at Windsor Jewelry just south of Monument Circle. During that time, he watched the downtown area flourish, along with the business.
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Rethinking Monument Circle in Indianapolis

April 30, 2011
Gabrielle Poshadlo
IBJ gathered advice from local and national experts about what should be done to improve the city's most prominent public space and where Indianapolis should look for inspiration.
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Should the mayor have control of Indianapolis' public schools?

April 30, 2011
Francesca Jarosz
A group of local power brokers is quietly assembling a plan that would transfer control of Indianapolis Public Schools to the mayor.
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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

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