Government & Economic Development

$26.8M military deal revs local Rolls-Royce operation

November 30, 2010
 IBJ Staff
Rolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal to provide 12 spare engines for the Osprey tilt-rotor aircraft.
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Judge denies motion to dismiss school funding suit

November 29, 2010
Associated Press
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools say the school formula violates the state constitution's requirement for "general and uniform" public education funding because districts get different per-pupil amounts.
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Indiana voter turnout up nearly 4 percent from 2006

November 29, 2010
Associated Press
Figures released Monday by the Indiana secretary of state's office show that about 1.79 million Hoosiers cast ballots for the Nov. 2 election.
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State still issuing water permits under controversial, old rules

November 28, 2010
Associated Press
More than three years after sparking an uproar by issuing BP a permit allowing it to discharge more pollution from its Whiting refinery, Indiana is still issuing permits under the same problematic set of rules that played a role in that 2007 controversy.
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AHLRICHS: Turn health reform into pragmatic answersRestricted Content

November 27, 2010
Health reform entrepreneurship could brand Indiana as productive, healthy place for employers to operate.
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MCGOWAN: Reform's grandfathering option requires close look

November 27, 2010
Hugh M. McGowan
Widely hailed provision of health care reform now raises host of questions.
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State's unemployment rate drops below 10 percent

November 23, 2010
Indiana's unemployment rate in October dipped to 9.9 percent, marking the first time the rate has been below double digits since March.
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Start of downtown North of South project in flux

November 22, 2010
Scott Olson
The developer of the $150 million mixed-use project in downtown Indianapolis had hoped to start construction by the end of the year. But delays in getting the project zoned properly likely will move the start date back.
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COAN: Stocks will get worse before they get better

November 20, 2010
Paul Coan
Looking at the final years of the Great Depression tells me that next year might not be so kind to investors.
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Indianapolis investment adviser Gene Tanner in it for the long haulRestricted Content

November 20, 2010
Norm Heikens
At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
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Gold is booming, but for how long?Restricted Content

November 20, 2010
Marc D. Allan
Experts are split over whether runup in precious metal is a classic bubble.
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Ethanol's future clouded by potential loss of tax breaks

November 20, 2010
Chris O'Malley
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
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Carp czar has huge task of fighting invasive fishRestricted Content

November 20, 2010
Marc D. Allan
John Goss, a Hoosier who helped create the Great Lakes Compact to conserve water, is coordinating federal, state attack.
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Controversy engulfs Devington community groupRestricted Content

November 20, 2010
Kathleen McLaughlin
Devington Community Development Corp. tried to tackle a host of neighborhood ills before closing its doors this month. But the agency also was embroiled in disputes with a local minister and its landlord.
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Election gives GOP upper hand in dealing with unionsRestricted Content

November 20, 2010
Francesca Jarosz
The goals of Gov. Mitch Daniels and his fellow Republicans could chisel away further at the clout that has dwindled among the state’s labor unions.
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Governors see GOP’s Midwest gains as path to presidency

November 19, 2010
Bloomberg News
Republican governors meeting in San Diego said Thursday their statehouse victories in the Midwest leave the party well positioned for 2012 in the battlefield that often determines the presidency.
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City approves Beckman Coulter tax abatement

November 17, 2010
The tax abatement is tied to an expansion in which the company plans to invest $18 million in its Indianapolis operations and add as many as 95 jobs in the next three years.
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Local parking vendor eyes contract with ACS

November 17, 2010
Scott Olson
T2 Systems Inc., which makes software to manage the enforcement of parking violations and the collection of fines, is hopeful it can continue providing the service under a new parking-meter manager.
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State gives Speedway $2.9M for blight cleanup

November 17, 2010
 IBJ Staff and Associated Press
Indiana Lt. Governor Becky Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and concrete slabs in the downtown business district.
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City-County Council OKs parking privatization

November 15, 2010
 IBJ Staff
City-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
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KAR plans to add 249 jobs in Carmel expansion

November 15, 2010
 IBJ Staff
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
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Legislator: Statewide smoking ban could pass in 2011

November 15, 2010
Mary Dieter
A statewide ban on smoking in all public places may have the momentum it needs to finally pass the Indiana General Assembly in 2011 after four unsuccessful attempts.
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Chicago's experience causes other cities to redo parking deals

November 15, 2010
 IBJ Staff and Bloomberg News
Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.
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Small-business lending rises 30 percent in Indiana

November 13, 2010
Francesca Jarosz
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
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Unions target Indianapolis hotels

November 13, 2010
Anthony Schoettle
Unite Here has high hopes, but the industry fears its cost advantage would erode.
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