News & Analysis

Senate OKs plan aimed at expanding charter schools

April 12, 2011
Associated Press
The Indiana Senate has approved Gov. Mitch Daniels' proposal aimed at expanding charter schools, marking the first piece of the governor's sweeping education agenda to clear both the House and Senate.
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Daniels' plan on sentencing changes appears dead

April 12, 2011
Associated Press
Daniels had made revamping of the criminal sentencing laws one of his top priorities for this year's legislative session, but lawmakers handling the bill said Tuesday they hadn't been able to reach a compromise and didn't expect more action before the General Assembly's April 29 adjournment deadline.
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Butler's Mack to test NBA waters without agent

April 12, 2011
Bloomberg News
Butler University junior guard Shelvin Mack will declare for the NBA draft, but not hire an agent, keeping his college eligibility as he considers his options.
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Calumet Specialty hopes to raise $375M to pay off debt

April 12, 2011
Kathleen McLaughlin
Indianapolis oil-refiner Calumet Specialty Products Partners LP intends to sell $375 million in senior notes to pay off existing debt.
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Gun bill advances without exemption for Indy venues

April 12, 2011
Kathleen McLaughlin
The Capital Improvement Board, which runs the Indiana Convention Center and the city’s professional sports venues, had hoped to get an exemption to Senate Bill 292, which pre-empts local governments from creating their own rules about where people can carry guns.
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Durham prosecutors propose case-notification plans

April 12, 2011
Scott Olson
Instead of individually notifying the 5,400 investors that Tim Durham and two business partners are accused of defrauding, prosecutors want to keep them apprised of court proceedings through websites and an automated call center.
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Executive compensation surges at CNO Financial Group

April 12, 2011
J.K. Wall
The Carmel-based life and health insurer more than doubled CEO Jim Prieur’s compensation, and also gave increases ranging from 44 percent to 89 percent to other top executives.
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Software firm seeks to reorganize as holding company

April 12, 2011
Scott Olson
Interactive Intelligence Inc. will ask shareholders at its next annual meeting to vote on a proposal to reorganize the software firm under a new holding company called Interactive Intelligence Group Inc.
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Insurance agency revives plans for downtown building

April 12, 2011
Tom Harton
McGowan Insurance Group plans to build a $2.75 million, 19,000-square-foot building at 355 Indiana Avenue.
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Indiana redistricting plan appears to benefit GOP

April 11, 2011
Associated Press
Republicans who control the Indiana General Assembly on Monday released proposed new maps for the state's nine congressional and 150 legislative districts, which seem to point toward solidifying GOP gains in the Statehouse.
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Proposal aims to keep students from inadequate teachers

April 11, 2011
Associated Press
Indiana students wouldn't be stuck with poor-performing teachers for two years in a row under changes House lawmakers are considering to a bill requiring annual teacher evaluations.
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Indiana retailers press for online state sales tax

April 11, 2011
Associated Press
Indiana's retail lobby urged state lawmakers Monday to pass an online sales tax provision that they said would level the playing field for businesses in the state and raise hundreds of millions of dollars in revenue.
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Fraud suspect Durham released from halfway house

April 11, 2011
Scott Olson
Fraud suspect Tim Durham was released from a halfway house on Monday, after a more thorough accounting of his finances was presented to a federal magistrate. Durham had been at the Indianapolis facility since Wednesday.
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Herff Jones sells photography division

April 11, 2011
Kathleen McLaughlin
Indianapolis-based class ring and yearbook maker Herff Jones will sell its photography division to Lifetouch Inc., the company announced Monday.
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Parties near deal for hospital tax

April 11, 2011
J.K. Wall
Officials from Indiana Medicaid and a hospital trade group are trying to craft a deal that would create a tax on hospitals that would help attract more federal funds for hospitals—thereby offsetting looming cuts in state payments.
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Q&A

April 11, 2011
J.K. Wall
Dan Ferber is a freelance magazine writer in Indianapolis who writes about science, health and the environment for such publications as Science, Popular Science, New Scientist, Audubon, and Women's Health. He co-authored a new book with Harvard Medical School's Dr. Paul Epstein titled "Changing Planet, Changing Health: How the Climate Crisis Threatens Our Health and What We Can Do about It." It was published this month.
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Plan shifts Indiana GOP areas to Donnelly's district

April 11, 2011
Associated Press
The Senate Election Committee on Monday released proposed new district maps for Indiana's nine congressional and 50 state Senate districts.
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Portrait Homes parent files for bankruptcy

April 11, 2011
Kathleen McLaughlin
Chicago-based Pasquinelli Homebuilding is seeking bankruptcy liquidation for all its business entities, including Portrait Homes Indiana, which built hundreds of homes in the Indianapolis area.
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Arcadia in danger of stock exchange delisting

April 11, 2011
Scott Olson
The Indianapolis-based health care company's stock, which trades on the NYSE Amex Equities exchange, has closed at an average price of less than 20 cents over a consecutive 30-day trading period, triggering the warning.
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Retail REIT profits may slip on store bankruptcies

April 11, 2011
Associated Press
Retailer bankruptcies likely will weigh on earnings of retail landlords, especially those that own shopping centers and mid-quality malls, an analyst said. But upscale mall owners like Simon Property Group should feel a smaller impact.
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Indiana lawmakers to consider big education proposals

April 11, 2011
Associated Press
A House committee is expected to consider Daniels' proposal for teacher merit pay on Monday, and a Senate committee could vote on the Republican governor's controversial plan for private school vouchers on Wednesday.
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NIPSCO CEO gets pay raise after seeking rate hike

April 10, 2011
Associated Press
Utility says increase reflects executive's broader responsibilities.
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Indiana redistricting maps to be unveiled Monday

April 10, 2011
Associated Press
Republicans, who have complete control of the once-a-decade redistricting process, expect the new districts to be approved by the end of the legislative session.
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Retailers push for online sales taxes

April 9, 2011
Francesca Jarosz
Indiana’s retail lobby is pushing the state to follow a growing number of states passing laws to require online retailers to collect sales tax from customers.
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United Financial Systems slapped with lawsuit

April 9, 2011
Kathleen McLaughlin
An Indianapolis insurance brokerage disciplined for unauthorized legal practice might now face millions of dollars in claims from more than 4,000 former clients because of a class-action suit filed in Marion Superior Court.
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  1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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  3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

  4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

  5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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