News & Analysis

Indiana lieutenant governor leading trip to Asia

June 12, 2014
 Associated Press and IBJ Staff
The delegation plans to visit Japan, South Korea and Taiwan for two weeks beginning Saturday.
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Lawmakers gather in Indianapolis for constitutional talk

June 12, 2014
Paige Clark, The Statehouse File
More than 100 state legislators from 33 states will meet this week at the Indiana Statehouse to discuss the procedures and rules for a possible convention to amend the U.S. Constitution.
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Dickson stepping down as Indiana's chief justice

June 11, 2014
Associated Press
Indiana Supreme Court Chief Justice Brent Dickson is stepping down from that role but will remain as an associate justice.
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GM ignition-defect recall delay investigated by Indiana

June 11, 2014
Bloomberg News
General Motors Co.’s delayed decision to recall almost 2.6 million cars for ignition-switch defects is being investigated by Indiana Attorney General Greg Zoeller, a spokeswoman for his office said.
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ConAgra expanding Indiana popcorn facility

June 11, 2014
 Associated Press and IBJ Staff
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
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Illiana highway ruling slowed by wildlife concerns

June 11, 2014
Associated Press
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager said.
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Former Riley Hospital CEO Pescovitz to join Eli Lilly

June 11, 2014
J.K. Wall
Dr. Ora Pescovitz is returning to Indianapolis after spending the past five years as CEO of the University of Michigan Health System.
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State excels in manufacturing and logistics, but issues loom

June 11, 2014
Anthony Schoettle
Manufacturing Logistics Hicks watch videoIndiana's sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
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State parks see surge in business as weather heats up

June 11, 2014
Dan Human
Revenue from year-long passes was up about 8 percent this year through the end of May compared to the same time last year, according to the Indiana Department of Natural Resources.
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Roberts leaving downtown location as part of $2.5M expansion

June 11, 2014
Scott Olson
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
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Faucet maker Delta changes presidents

June 11, 2014
Dan Human
Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.
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Ownership change backed for Anderson's Wigwam gym

June 11, 2014
Associated Press
The Anderson School Board is backing a plan that would give a private group control of the closed Wigwam gymnasium if it can come up with the money to reopen it.
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Expert testifies NCAA scholarship caps hurt competition

June 10, 2014
Bloomberg News
The National Collegiate Athletic Association stifles competition among schools for players by capping scholarships, a Stanford University professor said Tuesday at a trial in which athletes are seeking a cut of the billions of dollars generated by college sports.
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IPS says outside audits confirm budget surplus

June 10, 2014
J.K. Wall
Two outside financial audits confirmed what Indianapolis Public Schools Superintendent Lewis Ferebee declared in March: IPS has been operating with a surplus rather than a deficit.
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Former CEO sentenced for federal tax evasion

June 10, 2014
 IBJ Staff
Joseph C. Scott, 54, the former CEO at KSM Profit Advisors LLC, was convicted of underreporting his income taxes from 2005 to 2009, resulting in unpaid taxes of nearly $600,000.
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Court: School districts can't charge for bus rides

June 10, 2014
 The Statehouse File
The Indiana Court of Appeals says a Marion County school district acted unconstitutionally when it indirectly charged fees for students to ride buses to school.
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Radio personality Vaughn files suit against WTLC parent

June 10, 2014
Mason King
Kelly Vaughn alleges in a federal discrimination lawsuit that Radio One showed preferential treatment to male co-worker Amos Brown by firing her but retaining him after they worked on an outside project.
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Ponzi scheme leader gets 10 years in prison

June 10, 2014
 IBJ Staff
Rudolf "Rudi" Pameijer, a former Johnson County insurance agent who pleaded guilty to scamming $1.8 million from two dozen investors, was sentenced Monday to 18 years in prison, with eight of those years suspended.
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Calumet acquires $25M stake in Louisiana plant

June 10, 2014
 IBJ Staff
Calumet Specialty Products Partners LP plans to spend $25 million acquiring a 22-percent stake in a gas-to-liquids plant in Louisiana.
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YMCA set to break ground on $22M CityWay project

June 10, 2014
Scott Olson
The not-for-profit is expected to begin construction on the three-story, 87,000-square-foot downtown facility July 16, with a completion date of December 2015.
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Southwest Ohio gamblers spending less in Indiana

June 10, 2014
Associated Press
An analysis found that gamblers for the first time are spending more at the Cincinnati casino and two racinos in the region than in neighboring southeast Indiana.
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NCAA ex-athlete backs unpaid Little Leaguers in TV money trial

June 9, 2014
Bloomberg News
The outcome will determine whether the NCAA, which treats student-athletes as amateurs, has to stop barring them from negotiating their own deals in games that are broadcast.
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Audit: Nearly 275 in Indiana await first VA visit

June 9, 2014
Associated Press
Auditors found that the agency's complicated appointment process created confusion among schedulers and supervisors, and that a 14-day goal for seeing first-time patients was unattainable.
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NCAA reaches $20M settlement of video game claims

June 9, 2014
Associated Press
The agreement was announced hours before the NCAA went to federal court in California to defend itself against a class-action lawsuit from former players over use of their images in broadcasts and video games.
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Wellfount takes $16M and runs with it

June 9, 2014
J.K. Wall
The long-term-care pharmacy company, which puts Redbox-style vending machines in nursing homes, thinks a fresh infusion of cash will allow it to double revenue this year and become self-sustaining.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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