News & Analysis

House committee nixes changes to Indiana scholarships

April 5, 2011
Associated Press
A proposal to tighten requirements for Indiana's popular 21st Century Scholars program for low-income students is in limbo after a legislative committee removed it from a package of revisions to college financial aid programs.
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Condo sales lag in hot downtown apartment market

April 5, 2011
Cory Schouten
New apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't providing much of a boost for the condo market.
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Hardware store slated for Meridian Street building

April 5, 2011
Scott Olson
City grants approval Tuesday morning for the reuse of Meridian Street building that WFYI vacated in May 2008.
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Bioanalytical researcher seeking abatement for new lab

April 5, 2011
Scott Olson
Advion, a provider of bioanalytical research and a subsidiary of Ithaca, N.Y.-based Advion BioSciences Inc., is expected to open the 22,000-square-foot lab in mid-May with 49 employees, according to the company's application.
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UIndy to add dorm for upperclassmen

April 5, 2011
 IBJ Staff
With enrollment surging in recent years, the University of Indianapolis finds itself needing new dorm space. The private college will build a $10 million, 200-student residence hall on the south edge of its campus.
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Final Four crowds show women still catching up

April 5, 2011
Sean Morrison
Despite having an in-state basketball team in the women's NCAA Final Four and only 18,500 seats to fill, attendance at Conseco Fieldhouse was sparse Sunday for the semifinal round, with a total of 16,421 attending the two-game session.
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Cummins Inc. plans to add 2,500 new jobs in U.S.

April 5, 2011
Associated Press
The Columbus-based engine manufacturer says it is hiring across the board to meet strong demand worldwide and in anticipation of an economic recovery.
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Indiana Senate panel sets vote on smoking ban

April 5, 2011
Associated Press
The Senate Public Policy Committee is expected to vote on the bill Wednesday. Amendments won't be allowed to the bill that currently includes exemptions for casinos, bars, fraternal clubs, smoke shops and nursing homes.
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IPS says it will lay off more than 300 employees

April 5, 2011
Associated Press
Indianapolis Public Schools notified employees last week during spring break that they will begin cutting 271 teaching positions and 37 non-teaching positions to trim its $20 million budget deficit.
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Purdue receives $32 million Afghanistan farm grant

April 4, 2011
Associated Press
A grant of $31.9 million awarded to Purdue University may translate into a more sustainable agricultural sector for Afghanistan, according to U.S. Sen. Dick Lugar.
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Bulldogs fall in title game, but leave big impression

April 4, 2011
Associated Press
Butler University lost 53-41 to the University of Connecticut on Monday night in the NCAA men's basketball title game. But now, thanks to two straight runs to the final, every mid-major thinks they've got a shot. And a blueprint for how to do it.
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IT provider fires back at local not-for-profit

April 4, 2011
 IBJ Staff
Information Technology services provider Beracha Foundation is seeking more than $730,000 from Indianapolis-based Evangelical Baptist Missions Inc. for breaching IT and consulting contracts, plus real and punitive damages.
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IU ranks in top 10 for private donations received

April 4, 2011
Associated Press
The 2010 rankings released by the Council for Aid to Education rank Indiana University first in the Big Ten, first among public universities and 10th in the nation in voluntary backing with $342 million in gifts and non-governmental research grant funds.
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Obama set to visit Speedway manufacturer

April 4, 2011
President Barack Obama plans to make a trip to Indianapolis on Friday to visit Speedway-based manufacturer Allison Transmission Inc., the company confirmed Monday afternoon.
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Local banks see small-business lending surging

April 4, 2011
J.K. Wall
Chase and Fifth Third of Indiana saw 57-percent and 56-percent spikes, respectively, in loans to state businesses last year. They forecast similar growth this year.
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Antidepressants linked to narrowed arteries

April 4, 2011
The study included Eli Lilly and Co. drug Cymbalta, which racked up sales of $3.5 billion last year for the Indianapolis-based drugmaker.
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Unions plan protest rallies across Indiana

April 4, 2011
Associated Press
Labor unions are planning rallies at the Indiana Statehouse and around the state Tuesday as part of continuing protests against Republican-backed legislation.
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Young workers in Indiana still face tough job market

April 3, 2011
Associated Press
The number of Indiana teens and college students with jobs fell sharply during the recession, and their employment prospects might not improve this year.
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Controversy brews over judging charter performance

April 2, 2011
J.K. Wall
There is little agreement—but lots of politics and complex statistics—on how to define success and failure in Indiana’s public schools.
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Manufacturer crosses over from auto parts to caskets

April 2, 2011
Kathleen McLaughlin
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
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Gas distributors oppose $2.7B Rockport gasification plantRestricted Content

April 2, 2011
Chris O'Malley
Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.
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Indiana manufacturing sector clawing its way backRestricted Content

April 2, 2011
Scott Olson
Factories are adding jobs, but returning to pre-recession levels will be a long slog.
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Trucking industry upswing may draw investors to Allison IPO

April 2, 2011
Kathleen McLaughlin
Allison Transmission is not a household name like Google or General Motors, but it won’t lack an audience for its planned $750 million initial public offering.
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Task force coaxes homeless off downtown streetsRestricted Content

April 2, 2011
Kathleen McLaughlin
An informal collaboration of social workers, police and prosecutors has had early success getting some of the most stubborn homeless people in Indianapolis from downtown streets to shelter or recovery programs.
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Call center orders boost Interactive Intelligence sharesRestricted Content

April 2, 2011
Chris O'Malley
Shares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of $14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,” or CaaS.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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