News & Analysis

Residents of Packard condos settle suit with developer

August 21, 2014
Cory Schouten
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.
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New Grand Park in Westfield already $6M over budget

August 21, 2014
Associated Press
The Westfield City Council this month voted 5-1 to lend the project $6 million from a city infrastructure fund, money that the administration said would be repaid through future sponsorship revenue and possible litigation windfalls.
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Insurance agencies Shepherd, Consolidated merge

August 21, 2014
Jeff Newman
Two local insurance agencies with long histories and well-known leaders have merged, creating a firm with eight Indiana offices, 145 agents and more than 160 employees.
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Pence keeps up opposition to land-based casinos

August 21, 2014
Associated Press
Indiana Gov. Mike Pence says he remains opposed to allowing more land-based casinos in Indiana despite a push from Evansville officials worried about declining revenue from the city's riverboat.
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Flanner House charter school to close after cheating allegations

August 21, 2014
J.K. Wall
The Flanner House Elementary charter school will close on Sept. 11 after the Indiana Department of Education found evidence of widespread cheating on the state standardized ISTEP test. The school has 176 students.
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After strong trials, Lilly to seek approvals for psoriasis drug

August 21, 2014
J.K. Wall
The drug company said Thursday its drug ixekizumab cleared away skin inflammation in six times as many patients as the blockbuster drug Enbrel. Lilly is in a race to bring the first in a new-class of psoriasis treatments to market.
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Judge: Pence contradicted himself on gay marriage

August 20, 2014
Associated Press
A federal judge says Indiana Gov. Mike Pence contradicted himself on same-sex marriage, telling the court he had no power to enforce Indiana's gay marriage ban but then directing executive agencies about how to proceed after court rulings on the subject.
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Hoosier State passenger rail service extended 4 months

August 20, 2014
Associated Press
The Indiana Department of Transportation and seven local partners will keep funding passenger rail service between Indianapolis and Chicago through Jan. 31 while the state agency negotiates with a private vendor to operate the line.
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Former Bennett chief of staff at center of $1.7M contract complaint

August 20, 2014
Associated Press
A former top education official's role in the sale of $1.7 million of equipment to Indiana is raising new questions about the strength of the state's ethics laws.
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Judge denies stay after right-to-work ruling

August 20, 2014
Associated Press
A northwest Indiana judge has rejected a request by the Indiana attorney general's office that he put on hold his order striking down the state's right-to-work law until the state Supreme Court rules on a similar case.
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Yellen to give her outlook as Fed honeymoon fades

August 20, 2014
Associated Press
The perilous question that now awaits Janet Yellen's Federal Reserve has put investors on nervous alert: Can it manage to raise rates from record lows without weakening the U.S. economy or spooking markets?
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Engineers: Union Station requires $3.7 million in emergency repairs

August 20, 2014
Kathleen McLaughlin
The Department of Metropolitan Development could tap the downtown TIF fund to cover the costs. The problems were uncovered after bricks fell off the station's south wall in December 2012.
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Proposals would improve state veteran protections

August 20, 2014
Seth Morin, The Statehouse File
Several state lawmakers and military members joined Indiana Attorney General Greg Zoeller Tuesday to discuss a legislative proposal on increasing consumer protections for military service members.
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'Bring your own device' creates privacy issues for employees

August 20, 2014
Marilyn Odendahl, Indiana Lawyer Staff
Companies are concerned about data security and access to mobile devices used for work. Employees want to keep prying eyes—including those of their employers—away from their personal business.
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Lilly wins tentative approval for diabetes drug

August 20, 2014
 IBJ Staff
Final approval could be delayed until mid-2016 due to a claim of patent infringement by drugmaker Sanofi.
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Indianapolis Downtown Inc. to go by new name

August 20, 2014
 IBJ Staff
Indianapolis Downtown Inc., a 21-year-old public-private promotional group, plans to do business under a new name as part of a strategic plan, it announced Wednesday morning.
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Indiana updates job search app for iPhone

August 20, 2014
Associated Press
The Indiana Office of Technology announced Tuesday it was releasing a new version of the app for iPhones and iPads that would make it easier to search state job postings.
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Judge tells Indiana to honor other states' gay marriages

August 19, 2014
Associated Press
A federal judge ruled Tuesday that Indiana must recognize same-sex marriages performed in other states, but stayed the ruling until the 7th U.S. Circuit Court of Appeals could decide on the issue.
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Gaming convention sets another attendance record

August 19, 2014
 IBJ Staff
Gen Con 14, which wrapped up Sunday, drew 56,614 unique visitors to the Indiana Convention Center, surpassing 2013’s previous record of 49,530.
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Home construction on the rise nationally

August 19, 2014
Associated Press
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction faltered, however, in the Midwest.
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Central Indiana reservoir foes back river trails

August 19, 2014
 Associated Press and IBJ Staff
Environmental groups are proposing a system of trails to promote use of the White River in central Indiana rather than damming it for a proposed $450 million, seven-mile-long reservoir.
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Carmel sports marketing firm plans headquarters expansion

August 19, 2014
U/S Sports Advisors said it will spend $1.1 million on an expansion at its Carmel headquarters, increasing employment by 36 jobs by the end of 2018.
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Gatling Gun Club building proving to be tough sell

August 19, 2014
Scott Olson
The building on North Illinois Street has been vacant since 2008. A downtown bar owner who acquired it nearly four years ago put it back on the market after giving up on plans to move her business there.
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Real estate company proposing $26 million development

August 18, 2014
 IBJ Staff
Becknell Industrial LLC has proposed a $26 million, three-building development on the northwest side of Indianapolis that would be ready for tenants by early 2015.
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Indiana's first female chief justice assumes office

August 18, 2014
Associated Press
Loretta Rush was formally sworn in Monday as Indiana's first female chief justice, but her gender hardly was mentioned during the ceremony.
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