News & Analysis

Blood tests for DWI cases costing Hancock County

July 23, 2014
Associated Press
In drunken-driving cases, the same tests prosecutors say have become necessary to successfully convict are also draining an important county budget.
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Job fairs help Duke Energy fill its talent pool

July 23, 2014
Associated Press
The average age of the line technicians who work for Duke Energy Corp. is between 50 and 55 years. Enduring an influx of retirements before it's able to restock its work force with field-ready technicians is a genuine concern.
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Dow Agro reports record second-quarter sales

July 23, 2014
 Bloomberg News and IBJ Staff
Dow AgroSciences LLC posted sales of $1.9 billion in the second quarter, an increase of 3 percent over last year's second period, the Indianapolis-based company reported Wednesday morning.
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Simon profit jumps on improving occupancy, rents

July 23, 2014
The company reported a 20-percent increase in profit in the second quarter as occupancy in its malls climbed to 96.5 percent, prompting Simon to raise its guidance.
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Steel demand feeds shipping boom in Indiana

July 23, 2014
Associated Press
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.
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UPDATE: Lowe's to invest $20.5M in customer-service center

July 22, 2014
Mason King
The home-improvement retail titan plans to begin hiring immediately for the center on the northeast side, pledging to employ as many as 1,000 workers making wages of $10 to $14 per hour.
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Dueling rulings: Courts split on health law clash

July 22, 2014
Associated Press
President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.
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Gay couples' lawyers object to full-court hearing

July 22, 2014
Associated Press
Attorneys on either side of a lawsuit over Wisconsin and Indiana's overthrown gay marriage bans are wrangling over how many federal judges should hear the states' appeal.
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Lawmakers approve pair of new license plates

July 22, 2014
Associated Press
A panel of state lawmakers on Tuesday approved license plates recognizing the Indy 500 and Abraham Lincoln under a new system clamping down on the number of special license plates on the road.
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First Merchants acquires Noblesville-based bank

July 22, 2014
 IBJ Staff
Muncie-based First Merchants Corp. has agreed to acquire Noblesville-based Community Bancshares Inc. for about $46 million in stock, the companies announced Tuesday.
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Court nixes Obamacare subsidies for Indiana, 35 other states

July 22, 2014
 Bloomberg News and IBJ Staff
The Obamacare tax credits that brought nearly $400 million to Indiana this year to help Hoosiers buy health insurance could go away after a federal appeals court ruled Tuesday they were illegal.
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Kite Realty to engineer 1-for-4 reverse stock split

July 22, 2014
Mason King
The move will hike the real estate firm's stock price, combining every four shares into a single share. Kite officials hope a double-digit price will give shares a more stable foundation and an image makeover.
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Marion among counties picked for pre-K pilot program

July 22, 2014
 The Statehouse File
Five Indiana counties will be part of the state’s preschool pilot program for low-income children, which could be launched in early 2015.
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Wabash College religion center gets $7.8 million

July 22, 2014
Associated Press
The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.
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Hauke accounting firm to pay $1.8M in fraud settlement

July 22, 2014
Jeff Newman
DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.
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IU business school expansion nearing completion

July 22, 2014
Associated Press
Started in May 2012, the 90,000-square-foot expansion on four stories adds classrooms, meeting spaces and career training offices to the undergraduate business building in Bloomington.
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Interactive Intelligence set to break ground on $12.5M building

July 22, 2014
Scott Olson
The 119,000-square-foot structure will be built next to the software developer's headquarters on the northwest side as part of its growth plans to add 430 employees within the next few years.
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Area home-construction permit filings tick up

July 22, 2014
 IBJ Staff
Filings in the nine-county metro area have shown slight year-over-year improvement in four of this year’s six months.
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Judge blocks ordinance aimed at I-69 work noise

July 21, 2014
Associated Press
Marion County Judge David Dreyer issued a temporary injunction Monday blocking a Monroe County ordinance that limited noise on the project between 10 p.m. and 6 a.m.
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Lowe's plans massive local call center, sources say

July 21, 2014
 IBJ Staff
Home improvement retail giant Lowe’s Companies Inc. plans to open a call center on the northwest side of Indianapolis that could employ as many as 1,000 workers, sources familiar with the deal said Monday.
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Online insurance brokerage sets sights on Indiana

July 21, 2014
J.K. Wall
Obamacare could, according to some health insurance experts, cause most small businesses to end their group health plans. Now a new venture-backed company opening up shop in Indiana is trying to make that prediction a reality.
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Airport embarking on parking garage repairs

July 21, 2014
Kathleen McLaughlin
The Indianapolis International Airport has planned nearly $8 million in garage maintenance over the next two years. It's also looking into an alternative to its atrium canopy, which has collapsed twice in three years.
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Developer seeks $11.5M subsidy for Carmel project

July 21, 2014
Andrea Muirragui Davis
Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it's planning.
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Well-known east-side Mexican eatery closes

July 21, 2014
Scott Olson
El Sol de Tala, a staple on East Washington Street for several decades, shut its doors earlier this month amid a court dispute between the restaurant's owner and his landlord.
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NCAA sets vote on modified governance proposal

July 21, 2014
Associated Press
After years of consternation and months of debate, the Indianapolis-based NCAA says that its board of directors will vote on a formal proposal to give schools in the highest-profile conferences more influence over the college rules.
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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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