News & Analysis

Experts: Political move could help NCAA avoid more court woes

August 11, 2014
 Bloomberg News analysis
Analysts say the Indianapolis-based NCAA could ask Congress for an antitrust exemption that, coupled with some reform, would help the organization maintain the basic model of college sports.
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IU schools tackle new marketing strategies

August 10, 2014
Associated Press
Indiana University is taking steps to better market itself to students and donors, using a strategy more common to consumer products.
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Indianapolis Opera hires Stolen to help assess future

August 9, 2014
Lou Harry
Steven Stolen, a former managing director of the Indiana Repertory Theatre, will work as an independent contractor for 25-30 hours per week until the target Oct. 1 completion of the evaluation.
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New judicial center would set off an office exodus downtown

August 9, 2014
Scott Olson
New justice center would clear swaths of offices, raising vacancy rates at a time when the market is struggling.
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$500M Indy justice center relies on novel funding

August 9, 2014
Kathleen McLaughlin
The city will pay an annual fee to a private-sector consortium that will design, build, finance, maintain and operate the facility. According to the Ballard administration, the project won’t require a tax hike.
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Steak n Shake bringing menu fixtures to the freezer aisle

August 9, 2014
Scott Olson
Officials of the 80-year-old chain believe selling steakburgers in groceries will further extend the Steak n Shake brand.
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Indy startup has rare disease in its sights

August 9, 2014
J.K. Wall
Founders of Chondrial Therapeutics believe that if further testing validates their treatment for Friedreich’s ataxia, it could be a blockbuster with annual sales topping $1 billion.
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Building spree reshaping Broad Ripple VillageRestricted Content

August 9, 2014
Dennis Barbosa
A rush of new office, residential and retail projects suggest real estate developers in Broad Ripple Village remain optimistic in the midst of high-profile incidents of crime.
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Will a new app disrupt snow, lawn-care businesses?

August 9, 2014
Anthony Schoettle
Starting this month, Indianapolis area residents and business owners can order up lawn mowing and snow plowing services through an app.
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Family peanut-butter venture sees sales take off

August 9, 2014
Andrea Muirragui Davis
B. Happy Peanut Butter is a hit at the summer market—and then some. Available at more than a dozen retail outlets in central Indiana, its seven varieties of hand-packed PB could produce sales of $100,000 this year.
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Tag Heuer signs sponsorship with IndyCar, SpeedwayRestricted Content

August 9, 2014
IndyCar Series officials announced a deal Aug. 6 making Switzerland-based TAG Heuer the official watch of the open-wheel series and Indianapolis Motor Speedway.
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Judge rules that NCAA ban on student-player pay is illegal

August 8, 2014
Associated Press
National Collegiate Athletic Association rules barring student athletes from seeking a share of its $800 million in annual broadcast revenue are illegal, a federal judge in California ruled in a lawsuit that may dramatically change college sports.
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IUPUI plans to build $45 million residence hall

August 8, 2014
Jeff Newman
IUPUI hopes to build a $45 million residence hall for 700 students on the campus in time for the 2016-17 academic year, the university announced Friday afternoon.
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UPDATE: Cool summer sets hopes for record harvest

August 8, 2014
Associated Press
The nation's corn and soybean farmers are on track to produce record crops this year as a mild summer has provided optimum growing conditions.
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State needs better water management, report says

August 8, 2014
Associated Press, Allie Nash, The Statehouse File
The Indiana Chamber of Commerce warns that demand for water from businesses and residents could outstrip the available supply in coming decades.
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NCAA decision paves way for more aid to athletes

August 8, 2014
Bloomberg News
The changes may further increase the wealth gap between the 65 schools in the top five conferences and the rest of the Indianapolis-based NCAA’s roughly 350 Division I members.
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U.S. worker productivity recovers after steep fall

August 8, 2014
Associated Press
The Labor Department said Friday that that productivity increased 2.5 percent at a seasonally adjusted annual rate, after plummeting 4.5 percent in the first quarter.
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Report: Indiana consumer spending rebounds from recession

August 8, 2014
Associated Press
A new report by the U.S. Commerce Department shows that consumer spending in Indiana has rebounded from the end of the Great Recession faster than the national average.
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State agency says it lacks adoption subsidy money

August 8, 2014
Associated Press
The Indiana Department of Child Services says it isn't paying subsidies to parents who adopted special-needs children out of foster care because the state Legislature hasn't appropriated enough money.
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Delayed Sugar Creek food plant may operate by next summer

August 7, 2014
Associated Press
A food processing plant that's expected to bring 400 jobs to eastern Indiana should begin operations in July 2015, a top company official says.
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Boost for vets' health: Obama signs new law

August 7, 2014
Associated Press
Tens of thousands of military veterans who have been enduring long waits for medical care should be able to turn to private doctors almost immediately under a law signed Thursday.
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Mike's Carwash splitting into two companies

August 7, 2014
Scott Olson
The central Indiana locations of Mike's will undergo a name change as part of the reorganization and will be called Crew Carwash effective Oct. 5. Other locations in Indiana, Ohio and Kentucky will retain the Mike's name.
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Local Goodwill boss McClelland set to retire in mid-2015

August 7, 2014
Andrea Muirragui Davis
After four decades at the helm of Goodwill Industries of Central Indiana, CEO Jim McClelland plans to step down at the end of June.
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Pennsylvania, NCAA seek time for talks in Penn State suit

August 7, 2014
Associated Press
Lawyers for the NCAA, the governor of Pennsylvania and others asked a judge to give them a month to work on a possible settlement of a lawsuit over the penalties Penn State University is paying for mishandling the Jerry Sandusky child molestation scandal.
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NCAA grants more power to five biggest conferences

August 7, 2014
Associated Press
The NCAA Board of Directors overwhelmingly passed historic reforms Thursday that will give the five biggest conferences, including the Big Ten, the ability to unilaterally change some basic rules governing college sports.
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