News & Analysis

'Clean energy financing districts' face tough sell at Statehouse

February 9, 2011
Chris O'Malley
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
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Anderson superintendent proposes closing Wigwam

February 9, 2011
Associated Press
The Wigwam at Anderson High School is the second-largest high school gymnasium in the world, second only to the Fieldhouse in New Castle.
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AT&T planning upgrades to city wireless network

February 9, 2011
Improvements, which include nine new cell towers and more Wi-Fi coverage, are expected to be made before Indianapolis hosts next year's Super Bowl.
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Nuclear power bill at statehouse conjures up ghosts

February 9, 2011
Chris O'Malley
A controversial bill in the Indiana Senate would make it easier for utilities to quickly bill ratepayers for proposed nuclear and other clean-energy projects.
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Recent successes don't change Lilly's outlook

February 9, 2011
J.K. Wall
Eli Lilly and Co. can be credited with using acquisitions to unclog its product pipeline. It launched two drugs in the past 18 months, won market approval for a third and will likely get nods for two more drugs this year. Trouble is, they all have paltry sales prospects.
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Daniels leads guvs' health-care revolt

February 9, 2011
J.K. Wall
Boy does Gov. Mitch Daniels have an ultimatum for President Obama: Wave off the health reform law or else I’ll do nothing to help while it wreaks havoc on Hoosier citizens.
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Defense contractor Gryphon plans Bloomington expansion

February 9, 2011
 IBJ Staff
Maryland-based  defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
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Want to confess your sins? There's an app for that

February 9, 2011
Bloomberg News
A South Bend firm has a bishop's go-ahead to publish a $1.99 iPhone application to help Catholics through the process of confession.
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Indiana teachers rally against GOP education plan

February 8, 2011
Associated Press
More than 1,000 Indiana teachers swarmed the Indiana Statehouse Tuesday for a rowdy rally denouncing the sweeping education proposals moving through the Republican-dominated state House and Senate.
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House passes bill to expand charter schools

February 8, 2011
Associated Press
The House approved the proposal Tuesday on a 59-37 mostly party-line vote following hours of debate. Republicans say the bill would mean more options for families, while Democrats contend that it will erode funding for traditional schools.
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Lawmakers eye cutting corporate taxes

February 8, 2011
Associated Press
Legislators are moving ahead with a plan to cut Indiana's corporate income tax by about 40 percent while holding off on phasing out the state inheritance tax.
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Masco closing local printing division; 67 to lose jobs

February 8, 2011
 IBJ Staff
Masco Support Services, which operates from a 125,000-square-foot warehouse at 300 S. Carroll Road on the city’s far-east side, will begin phasing out operations on April 8.
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Job openings fall for second straight month

February 8, 2011
Associated Press
Employers posted fewer job openings in December, the second straight month of declines. That's a sign hiring is still weak even as the economy is gaining strength.
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n/Frame investing $2 million in disaster-recovery center

February 8, 2011
Carmel-based company is building the 15,000-square-foot facility at its headquarters to consolidate operations. The new center should be ready by May.
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Lilly collaboration with outside researchers yields first deal

February 8, 2011
Chris O'Malley
Eli Lilly and Co.'s PD2 project attracted 30,000 compounds from researchers in 26 countries. And Lilly scientist Alan Palkowitz said it's just the first of many such collaborations.
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HHGregg reports higher profit, lower same-store sales

February 8, 2011
Scott Olson
The Indianapolis-based appliance and electronics retailer lowered its fiscal 2011 outlook on soft demand for pricier televisions and appliances.
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Technicality delays council's North of South vote

February 8, 2011
Tom Harton
A technicality caused the City-County Council on Monday night to put off a final vote on the massive North of South mixed-use project slated to be built on 14 acres north of the Eli Lilly and Co. corporate campus.
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Lawmakers pass bill to expand vote centers

February 7, 2011
Associated Press
The Indiana General Assembly has passed its first bill of the 2011 legislative session: a proposal to allow any Indiana county to use centralized vote centers instead of neighborhood polling precincts.
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Indiana House budget leader expects plan next week

February 7, 2011
Associated Press
The House Ways and Means Committee began taking public testimony Monday about the two-year state budget plan after four weeks of hearings with state agencies and universities.
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Dallas lessons should strengthen Super Bowl in Indy

February 7, 2011
Anthony Schoettle
There’s a lot Indianapolis can learn from the folks in Dallas about hosting a Super Bowl. One of the biggest lessons: Plans are important, but they’re not everything.
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Emmis decision to pay CEO legal fees illegal, financier says

February 7, 2011
Scott Olson
Alden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
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Council to vote on funding for North of South project

February 7, 2011
The City-County Council will consider Monday evening whether to allow the city to issue $98 million in bonds to finance a portion of the controversial $155 million development.
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Airport garage still open after fabric roof collapse

February 7, 2011
 IBJ Staff
The collapse is being blamed on ice and snow that accumulated on the canopy, sending chunks crashing into the garage’s atrium. Six parked rental cars were damaged, but nobody was hurt.
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Mourdock says he's made decision about Senate run

February 6, 2011
Associated Press
Indiana state Treasurer Richard Mourdock says he's made a decision and will make an announcement soon about whether he'll challenge longtime U.S. Sen. Richard Lugar in the 2012 Republican primary.
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Bill would limit school referendum campaigns

February 6, 2011
Associated Press
State Rep. Cindy Noe, R-Indianapolis, wants to stop schools from using public money and bar school employees from campaigning for referendums that would raise property taxes.
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