News & Analysis

Analysts: Indiana taking in more money than expected

April 15, 2011
Associated Press
Analysts told the State Budget Committee on Friday they expect the state to take in some $643.7 million more in fiscal 2012 and 2013 than anticipated in the previous revenue forecast.
More

UPDATE: Extra tax dollars aimed at full-day kindergarten

April 15, 2011
Francesca Jarosz
A projected increase in state revenue should allow all Indiana school districts to provide full-day kindergarten, a long-time goal of the governor and many education officials.
More

Battery maker drops Indianapolis president

April 15, 2011
Kathleen McLaughlin
Battery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based operation, EnerDel Inc.
More

Federal budget could create headaches for Rolls-Royce

April 15, 2011
Kathleen McLaughlin
The federal budget crunch already has halted work on a second engine for the F-35 Joint Strike Fighter being developed by General Electric and Rolls-Royce—putting thousands of jobs in jeopardy—and it's not the only aerospace program facing an uncertain future.
More

Hofmeister jewelry business files Chapter 11

April 15, 2011
The northeast-side retailer listed assets of nearly $3.8 million and liabilities of $5.4 million. Much of the debt includes a bank loan and money owed to suppliers for inventory.
More

LOU'S VIEWS: IU Opera premieres 'Vincent'

April 15, 2011
Lou Harry
As ambitious an arts project as you are likely to find so far this century in central Indiana, IU Opera’s world premiere production of “Vincent” overflowed with stunning design and strong music.
More

Lilly’s Bydureon wins backing of European drug panel

April 15, 2011
Bloomberg News
The drug awaits final action by the European Commission, which has the authority to approve medicines for the European Union. The Commission usually makes a decision on CHMP recommendations within two to three months.
More

Indiana Senate panel backs GOP redistricting plan

April 14, 2011
Associated Press
A Republican-led Indiana Senate committee on Thursday approved a plan for new Senate election districts that Democrats maintain unfairly dilutes black and Hispanic voting strength.
More

Storms drafted ethics memo on own case at IURC

April 14, 2011
Associated Press
Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
More

Fishers money manager target of state probe

April 14, 2011
Scott Olson
The Indiana Secretary of State’s Office is investigating prominent Fishers money manager Keenan Hauke after one of his advisers accused Hauke of financial irregularities involving a hedge fund he operates.
More

Arizona-style provision removed from immigration bill

April 14, 2011
Associated Press
The House Public Policy Committee made several changes Thursday to the bill proposed by Republican Sen. Mike Delph of Carmel and could vote on it Friday. The legislation includes tax penalties for businesses that hire illegal immigrants.
More

UPDATE: Chamber leaders clashed on transit strategy

April 14, 2011
Kathleen McLaughlin
A turf battle over mass transit may have fueled Roland Dorson's apparent departure from the Greater Indianapolis Chamber of Commerce.
More

Indianapolis-area home sales continue to slump

April 14, 2011
Sale agreements in the nine-county Indianapolis area fell 20 percent in March compared to the same month of 2010. Local home sales have been in a downward spiral for nearly a year.
More

Applications for unemployment benefits rise nationally

April 14, 2011
Associated Press
The government says applications for unemployment benefits rose 27,000, to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February.
More

Foreclosure filings fall in state, nation

April 14, 2011
 IBJ Staff and Bloomberg News
Foreclosure filings in Indiana dropped 36 percent in the first quarter from the year-ago period, and 27 percent nationally. An industry report, however, attributes the decline to paperwork delays related to a documentation scandal.
More

Blue Ribbon Transport plans move, new jobs

April 14, 2011
 IBJ Staff
Indianapolis logistics firm Blue Ribbon Transport Inc. will invest $1 million to move into a larger headquarters, adding as many as 75 jobs over the next three years, economic development officials said Thursday morning.
More

Indiana's largest school system cutting 357 teachers

April 14, 2011
 IBJ Staff and Associated Press
Indianapolis Public Schools said Wednesday it will cut 357 teaching jobs to fill a nearly $21 million budget hole due to cuts in state funding.
More

Dorson on leave amid fallout with executive committee

April 14, 2011
 IBJ Staff
Roland Dorson, president of the Greater Indianapolis Chamber of Commerce, has had a falling out with the group’s executive committee and has gone on leave from the organization.
More

Indiana panels OK teacher merit pay, voucher bills

April 13, 2011
Associated Press
Two pieces of Indiana Gov. Mitch Daniels' sweeping education plan, a voucher plan that would direct taxpayer money to private schools and a merit pay bill that links teacher pay to student performance, cleared key legislative hurdles Wednesday.
More

Indiana Democrats seek more time with GOP redistricting plan

April 13, 2011
Associated Press
Outnumbered Democrats in the Indiana House argued Wednesday that the new election districts proposed by Republicans would lead to fewer competitive races and create more solidly GOP seats.
More

Downtown Jillian’s restaurant owner files Chapter 11

April 13, 2011
Scott Olson
Locally based FB&F Entertainment LLC, which operates downtown restaurant and entertainment complex Jillian's, lists no assets and liabilities of nearly $2.2 million.
More

Disasters hammer Baldwin & Lyons—again

April 13, 2011
J.K. Wall
Indianapolis insurer Baldwin & Lyons Inc. stands to lose $15.5 million as a result of the earthquake and tsunami in Japan, as well as other disasters in Australia and New Zealand.
More

Investor rates bond for Palladium among nation's best

April 13, 2011
Kathleen McLaughlin
Municipal bond manager Josh Gonze of Thornburg Investment Management in Santa Fe, N.M., picked the $80 million bond on Carmel's Palladium concert hall as one of the six best in the nation.
More

Equal Pay Day highlights persistent wage disparity

April 13, 2011
Scott Olson
In Indiana, women working full time are paid an average of $31,762 per year while men earn an average of $43,631 annually, U.S. Census Bureau statistics show.
More

Town of Plainfield backs logistics training center

April 13, 2011
Kathleen McLaughlin
The Plainfield Town Council has agreed to spend $500,000 over the next five years to help Vincennes University create the VU Logistics Training and Education Center, the college announced Tuesday.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. "This was a very localized, Indiana issue," he said. As in, Indiana failed to expand Medicaid to cover its poor citizens resulting in the loss of essential medical services, including this EMS company. Well done, Indiana GOP. Here are the real death panels: GOP state governments who refuse to expand Medicaid for political reasons.

  2. In the "one for all, all for none" socialist doctrine the sick die...this plus obama"care" equates to caucasian genocide plus pushed flight to cities thus further eroding the conservative base and the continualed spiral toward complete liberal/progressive/marxist America.

  3. There is a simple reason why WISH is not reporting on this story. LIN has others stations in different markets that are affiliated with CBS. Reporting about CBS blindsiding WISH/LIN due to CBS's greed and bullying tatics would risk any future negoations LIN will have with CBS in other markets.

  4. My best always! Dave Wilson

  5. How did Columbus, Ohio pull off a car share service without a single dollar of public subsidies? They must not have a mayor who is on the take like Indianapolis. Daimler Benz offers Columbus residents their Smart Cars on a market-driven basis: "This has some neat features. Cars don’t have to be picked up and dropped off at fixed points. You find one with your smart phone based on GPS, and drop it off anywhere in the service area you can find a spot – even at a meter. These cars aren’t required to feed the meter so you get free on street parking while using them. I was told this system was put in place on a market basis without subsidies – and that the vendor actually pays the city for the use of the meters." http://www.urbanophile.com/2014/05/26/checking-in-on-columbus/

ADVERTISEMENT