Regional News

ChaCha broadens business strategyRestricted Content

September 10, 2011
Chris O'Malley
Mobile-phone-answers service ChaCha Search has dialed up its largest expansion yet—entering the United Kingdom and contracting with New York City’s “311” municipal information service.
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Civic debuts to new but eager audience in CarmelRestricted Content

September 10, 2011
 IBJ Staff
The not-for-profit musical theater company has grown its subscriber base and raised $2.6 million toward a $10 million goal, Executive Director Cheri Dick said.
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Indiana Live to get federal hearing on tax matterRestricted Content

September 10, 2011
 IBJ Staff
Shelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
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Former real estate exec to plead guilty to wire fraud

September 6, 2011
Scott Olson
Kim Hutchinson, former treasurer of J. Greg Allen Builders and Princeton Homes, agreed to plead guilty to stealing $446,419. Her cooperation likely will result in a lighter sentence of 30 to 40 months.
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Johnson County still dealing with 2008 flood

September 6, 2011
Associated Press
Johnson County officials have been working to buy about 40 flooded properties in an area a few miles west of Greenwood, so they can be demolished.
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Tax bills spur eBay listing for Anderson office buildings

September 5, 2011
 IBJ Staff and Associated Press
Two investors stung by soaring property taxes have listed three Anderson office buildings on eBay in hopes of drumming up interest in the $4.5 million package deal.
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Marsh plans to spend $60M to build and remodel storesRestricted Content

September 3, 2011
Cory Schouten
The Fishers-based supermarket chain is shifting into expansion mode with a mission to construct up to 10 new stores and revamp or rebuild several more over the next three years.
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Lauth's Eaglepoint fattens up on racing teams

August 30, 2011
Scott Olson
David Powers Motorsports, John Force Racing, Don Prudhomme Racing and Vance & Hines together occupy roughly 320,000 square feet of space at the park.
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Ball State geothermal plant powers economic engineRestricted Content

August 27, 2011
Andrew Smith
Ball State University leaders hope the school's $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
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Crooked Stick golf pro hits links every day, rain or shineRestricted Content

August 20, 2011
Maria LaMagna
Patrick White Crooked watch videoCrooked Stick Golf Club pro Patrick White works 90 or more hours a week and loves every minute of it.
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Racinos ask federal court to lower their tax liabilityRestricted Content

August 20, 2011
Francesca Jarosz
If Indiana Live and Hoosier Park prevail, the racetrack-casinos may cut they could cut their combined tax bill by $30 million a year.
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Private funds may kick-start rail-transit planRestricted Content

August 20, 2011
Chris O'Malley
An innovative private financing deal struck last year to expand Denver’s rail transit system could be used to expedite construction of the first line in central Indiana.
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Probe: Investment adviser Hauke masked huge loss

August 20, 2011
Greg Andrews
Fishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t earned, state investigators allege.
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Veteran banker Alley found Integra too sick to saveRestricted Content

August 20, 2011
Francesca Jarosz
With reluctance, Mike Alley, a veteran Indianapolis banker, joined the board of Evansville-based Integra Bank in April 2009. A month later, he found himself CEO—the beginning of a 26-month odyssey that ended July 29 with banking regulators seizing and shutting down the 160-year-old institution.
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Mobile video game trailer rolls into central IndianaRestricted Content

August 20, 2011
Andrew Smith
Startup Game Guru 2 U is providing entertainment for about 10 events a month, but hopes to triple its business.
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Economy still tough, but a few Hoosier industries on upswingRestricted Content

August 20, 2011
J.K. Wall
Two years into the economic recovery, bright spots in the Indiana job market are still hard to find. The insurance industry is one of the few glimmers of light on Indiana’s horizon. Others include engine makers, nursing homes and temp agencies.
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Defense contractor adding 60 jobs in Bloomington

August 19, 2011
Next Wave Systems LLC will add the jobs by 2014 as part of a $330,000 expansion at its Bloomington facility.
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Colts to keep camp in Anderson for 5 more years

August 17, 2011
Associated Press
The Indianapolis Colts announced Tuesday they had agreed to a five-year deal that will keep training camp at the Division III school northeast of Indianapolis through 2016.
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IU Health fights Franciscan over family doc

August 15, 2011
J.K. Wall
IU Health Morgan Hospital sued Dr. Dianna Boyer on Aug. 3 to stop her from moving her practice to a facility Franciscan St. Francis Health is building in Martinsville.
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Inventor on quest to bring medical device to marketRestricted Content

August 13, 2011
Chris O'Malley
Licensed practical nurse Nic Davis invented a device to kill and prevent the introduction of microorganisms that collect at catheter ports.
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Habitat for Humanity tries hand at fixer-uppersRestricted Content

August 13, 2011
Kathleen McLaughlin
Habitat for Humanity affiliates are getting into the business of rehabbing homes, capitalizing on the availability of foreclosed homes.
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Firm makes splash retrieving golf ballsRestricted Content

August 13, 2011
Sam Stall
Mark Schmitt, president of Rawhide Golf Ball Co., runs a business that recovers dimpled pills from golf course water hazards, buffs them up, and resells them. (With photo gallery)
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INSIDE DISH: Carmel Cajun eatery Mudbugs turns corner

August 12, 2011
Mason King
Dish_Mudbugs_watch_videoAfter a shaky start, ownership shakeup and puzzled looks from potential patrons, Belinda and Roy LeBlanc have turned their homegrown oasis for Louisiana cuisine into a profitable venture.
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Report: Investigators tailed Libman before resignation

August 9, 2011
J.K. Wall
A WXIN-TV Channel 59 report suggests the city of Carmel hired private investigators to tail Steven Libman, who resigned abruptly last month as CEO of the Center for the Performing Arts in Carmel.
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Fishers named a top suburb for retirees

August 9, 2011
 IBJ Staff
Forbes magazine said Fishers had the lowest crime rate on the list, average home prices just above $200,000 and a cost of living 10 percent below the national average.
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