Year in Review

Top 2012 news and newsmakers

December 29, 2012
Reflect on the biggest business news of 2012 with IBJ's complete year-in-review coverage, including a photo gallery, video highlights and A&E recap.
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LOU'S VIEWS: 2012 A&E favorites

December 28, 2012
Lou Harry
With so much to choose from, it's impossible to say what was best. Instead, here are some of my favorites of the year.
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Indiana adopts right to work

December 28, 2012
 IBJ Staff
Indiana in February became the first state in a decade to pass such a law, and it was all the more significant because of the state’s heavy concentration of manufacturing jobs and sizable union presence.
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WellPoint investors force Braly ouster

December 28, 2012
 IBJ Staff
Braly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated missteps.
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In election shocker, voters bounce schools chief Bennett

December 28, 2012
 IBJ Staff
After becoming a celebrity in national education reform for spearheading sweeping changes in Indiana’s schools, Tony Bennett was bounced out of office by strong opposition from teachers, parents and their friends.
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City projects move ahead, following clash over TIF

December 28, 2012
 IBJ Staff
Mayor Greg Ballard charged forward on government-supported downtown development efforts after successfully shepherding an expansion of a TIF district over Democratic opposition.
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Digital marketer ExactTarget splashed onto NYSE

December 28, 2012
After an aborted attempt to go public in 2007, marketing software giant ExactTarget rang the bell on the New York Stock Exchange last March in an IPO that raised $162 million.
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Daniels wins presidency ... at Purdue

December 28, 2012
 IBJ Staff
About a year after deciding not to campaign for president of the United States, Gov. Mitch Daniels agreed to become the next president of Purdue University.
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Indy airport sends CEO Clark packing

December 28, 2012
 IBJ Staff
Mayor Greg Ballard apparently was unhappy with the pace of economic development at the airport under Clark. The CEO's extensive overseas travels also generated controversy.
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Bernard bounced as IndyCar Series CEO

December 28, 2012
 IBJ Staff
The ouster of Randy Bernard as IndyCar CEO led to new leadership for Hulman & Co., parent of the series and the Indianapolis Motor Speedway.
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ISO reaches new contract, launches fundraising spree

December 28, 2012
 IBJ Staff
Negotiations over musicians’ contracts hit a crescendo in September with a month-long lockout that ended when performers agreed to a shorter schedule to save money at the cash-strapped Indianapolis Symphony Orchestra.
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Developers unleash blitz of apartment projects

December 28, 2012
 IBJ Staff
Construction began or was to begin soon on dozens of projects with thousands of units, most quite upscale and aimed at one of two growing segments of the population who increasingly see no stigma in renting: aging boomers and young families.
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Judge lays into Durham, sentences him to 50 years

December 28, 2012
 IBJ Staff
Tim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
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City successfully stages Super Bowl, shoots for another

December 28, 2012
 IBJ Staff
More than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the big game, held Feb. 5 at Lucas Oil Stadium.
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Hoosier voters tap Pence to continue Daniels' legacy

December 28, 2012
 IBJ Staff
Pence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
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Other news: From Allison's IPO to Lugar's defeat

December 28, 2012
 IBJ Staff
Politics and real estate helped round out 2012's news of note.
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2012 NEWSMAKER: School librarian Ritz won with grass-roots campaign

December 28, 2012
 IBJ Staff
Democrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent of public instruction.
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2012 NEWSMAKER: Crime stance returns Hogsett to political spotlight

December 28, 2012
 IBJ Staff
U.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s seeking a higher office.
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2012 NEWSMAKER: Council Dem Mahern plays role of antagonist

December 28, 2012
 IBJ Staff
City-County Council Vice President Brian Mahern emerged as the chief foe of Indianapolis Mayor Greg Ballard’s redevelopment agenda.
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2012 NEWSMAKER: CEO keeps Simon stock surging

December 28, 2012
 IBJ Staff
If there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
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2012 NEWSMAKER: Miles adds to diverse business, sports career

December 28, 2012
 IBJ Staff
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
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State's economy still stuck in neutral

December 24, 2011
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer of setbacks.
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Indictment: Durham looted Fair Finance

December 24, 2011
Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal probe that began in 2009.
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Political neophyte Ballard cruises to second term

December 24, 2011
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
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City backs string of high-profile real estate projects

December 24, 2011
The administration of Mayor Greg Ballard found its stride in the final year of its first four-year term, at least when it comes to major publicly supported real estate projects.
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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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