News & Analysis

Pet website enables owners to book kennels

April 23, 2011
Scott Olson
Indianapolis startup looks to become the Expedia of pet travel.
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Settlement caps Citizens Energy customers' deal feesRestricted Content

April 23, 2011
Chris O'Malley
Ratepayers would pay no more than $14 million to cover charges associated with Citizens' purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
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Essex Hotel site remains undeveloped despite city dealRestricted Content

April 23, 2011
Cory Schouten
Sixteen years after the former Essex Hotel was razed, the site remains a parking lot although a 1990 agreement with the city required its owner to develop the space within five years if the building were torn down.
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Education reform might not boost Daniels presidential runRestricted Content

April 23, 2011
J.K. Wall
Gov. Mitch Daniels is on the cusp of signing the most comprehensive package of school reforms that any state has yet passed, but political insiders say that might not help him in a potential presidential race because education is typically a dud as a presidential political issue.
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Simon widow unloads pricey NYC condo, looks to sell Bel Air mansion

April 23, 2011
Cory Schouten
Bren Simon lost control over her late husband’s multibillion-dollar estate, but she sold a New York City condo for $48M in March, and is trying to sell a mansion in L.A. for $50M.
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Wealthy local entrepreneurs hew to conservatism

April 23, 2011
Norm Heikens
Flashy displays of wealth seldom erupt in Indianapolis after an entrepreneur makes good, and they’re even more unusual now that the recession sobered even the most successful among them.
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Dorson resigns from chamber post

April 22, 2011
Roland Dorson, president of the Greater Indianapolis Chamber of Commerce since 1996, resigned Friday. He had taken a leave of absence earlier in the month.
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WFYI sets on-air fundraising record

April 22, 2011
Kathleen McLaughlin
Public radio station WFYI will be comfortably ahead of its fundraising goal when an on-air drive wraps up Friday evening.
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Much unknown about new Cook Group CEO

April 22, 2011
Scott Olson
Carl Cook has been tabbed to replace his father, Bill Cook, who died a week ago. But many in the Bloomington business community know little about him, which reflects the company's strict privacy policy.
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Greenwood Shoppes seeks bankruptcy reorganization

April 22, 2011
Scott Olson
The shopping center on U.S. 31 is the third Broadbent-operated strip mall to fall into bankruptcy and its second in Greenwood to claim financial problems.
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Don Marsh takes lumps as he fights on in court

April 22, 2011
Greg Andrews
Don Marsh is so hellbent on winning his legal battle with Marsh Supermarkets Inc. that he’s willing to sully his own reputation if that’s what it takes.
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Indiana House passes bill to cut corporate tax rates

April 21, 2011
Associated Press
Indiana's corporate income tax rate would be cut by nearly 25 percent over the next four years under a plan the Indiana House has approved.
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State House OKs watered-down immigration bill

April 21, 2011
Associated Press
Businesses that hire illegal immigrants could have some state tax credits revoked under a proposal that has cleared the Indiana House.
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Final negotiations on Indiana budget start next week

April 21, 2011
Associated Press
A $28 billion budget proposal that cleared the Indiana Senate on Thursday includes a way to fine boycotting lawmakers — a provision Democrats oppose — and doesn't include an automatic taxpayer refund that the Republican governor wants.
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Bronze sculpture atop monument to be fixed

April 21, 2011
Associated Press
State officials say a bronze sculpture atop the Indianapolis Soldiers and Sailors Monument will be removed for repairs on Saturday.
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CVS to pay $858K over inflated drug claims

April 21, 2011
Associated Press
Indiana Attorney General Greg Zoeller says the state will get $858,000 from CVS Pharmacy Inc. to settle allegations that the company overcharged Medicaid programs.
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Senate OKs plan spurred by White indictment

April 21, 2011
Associated Press
The Indiana Senate has approved a bill that would allow Gov. Mitch Daniel to appoint a new secretary of state if indicted Republican Charlie White is found to be ineligible.
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Economic Club of Indiana getting new manager

April 21, 2011
Francesca Jarosz
The Indiana Chamber of Commerce, which has overseen the Economic Club of Indiana for the last three and a half years, will end its relationship with the group after May's luncheon.
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Closed northwest-side theater set to reopen

April 21, 2011
Scott Olson
A Chicago native and independent theater owner plans to reopen the old AMC Loews College Park 14 movie complex on April 29, under the new moniker of Movie Buff Theatre.
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Insurer coveted by Biglari sold to another firm

April 21, 2011
Scott Olson
Steak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's shares, nevertheless was a winner in the sale.
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Enrollment, profit fall at ITT Educational

April 21, 2011
J.K. Wall
The Carmel-based operator of for-profit colleges earned $85.4 million in the three months ended March 31, a 2.4-percent decline from the same quarter a year ago.
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Indiana Senate backs setting daily fines for boycotts

April 20, 2011
Associated Press
Republican frustration over the five-week walkout by Indiana House Democrats re-emerged Wednesday as the state Senate approved a method for $1,000-a-day fines against boycotting legislators.
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Navistar recalling workers at Indianapolis plant

April 20, 2011
Associated Press
Navistar has recalled 120 workers who were laid off when Indianapolis Casting Corp. stopped production at the facility in late 2010 and plans to recall 30 more of those workers by June.
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GOP forges ahead with Indiana redistricting

April 20, 2011
Associated Press
Republicans who now fully control the Legislature and the redistricting process say they've followed their commitment to draw new districts that are compact and avoid splitting up cities and counties.
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One-third in Indianapolis use cellphones only

April 20, 2011
Associated Press
Estimates released Wednesday by the federal Centers for Disease Control and Prevention showed that 33.5 percent of adults in Indianapolis, which encompasses Marion County, use cellphones and lack traditional wired telephones.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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