News & Analysis

City's street-paving project to resume as weather warmsRestricted Content

March 5, 2011
Chris O'Malley
Contractors last September began milling worn-out asphalt on downtown streets, but most remained unfinished over the winter, leaving raised manhole covers and uneven pavement. Now work is resuming as asphalt plants are fired back up for the season.
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Indiana experts weigh in on environmental issuesRestricted Content

March 5, 2011
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
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Ride along on a bike commute from Carmel to downtown Indy

March 5, 2011
Gabrielle Poshadlo
Biking
                           Watch VideoIBJ reporter Gabrielle Poshadlo follows Don Jarrels on his daily jaunt downtown. Bonus video: A look inside Eli Lilly and Co.'s bike-to-work program.
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Indians' new ticketing partner could drive further spike in attendanceRestricted Content

March 5, 2011
Anthony Schoettle
The baseball franchise dumped Ticketmaster for another sales management firm that charges buyers lower fees.
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Hoosier executive joins effort to take Playboy privateRestricted Content

March 5, 2011
Cory Schouten
Scott N. Flanders, who took over as CEO of Chicago-based Playboy Enterprises Inc. in July 2009, will pick up a 3-percent ownership stake if 84-year-old Playboy founder Hugh Hefner closes on a pending deal to take the company private.
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Junior Achievement says ex-CEO acted soloRestricted Content

March 5, 2011
Kathleen McLaughlin
Junior Achievement’s attorneys paint the not-for-profit's ex-CEO as something of a renegade to bolster their defense in an ongoing lawsuit by another former executive.
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Ball State seeks leader to implement Innovation Corp. planRestricted Content

March 5, 2011
Chris O'Malley
Ball State University is conducting a nationwide search for a president to lead a not-for-profit it launched to boost the commercialization of the university’s intellectual property.
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Indiana executives pare stock holdingsRestricted Content

March 5, 2011
Cory Schouten
Executives and directors at several Indiana public companies took advantage of market strength in February to pare back their stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
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Group's demolition plan draws ire of preservationists

March 4, 2011
Francesca Jarosz
A proposal by Keep Indianapolis Beautiful to bulldoze four century-old homes near Fountain Square has sparked a battle between the neighborhood beautification group and some of its typical allies: historic preservationists.
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Hyatt, union at odds over voting method

March 4, 2011
Anthony Schoettle
Officials for the New York-based Unite Here labor union are attacking local Hyatt Regency officials for filing a petition Thursday with the National Labor Relations Board.
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INSIDE DISH: Arsenal owners' ploy is gaming plus grubbing

March 4, 2011
Mason King
Arsenal_WatchVideoGameroom lords Andrew Chang and Troy Branam want players to come for Dungeons & Dragons and stay for the Wizards Gumbo.
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Appellate court upholds state alcohol permit quotas

March 4, 2011
Scott Olson
Judges' decision deals blow to state's package liquor stores, which sought to stop the Indiana Alcohol and Tobacco Commission from issuing new permits until the judges could clarify state quota laws.
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U.S. unemployment rate drops to 8.9 percent

March 4, 2011
Associated Press
The unemployment rate has been falling for three months, down from 9.8 percent in November, marking the sharpest three-month decline since 1983.
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NFL, union agree to 24-hour deadline extension

March 3, 2011
Associated Press
The NFL and the players' union decided Thursday to keep the current collective bargaining agreement in place for an additional 24 hours so that negotiations can continue.
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Indiana House sets $250 daily fines for boycotters

March 3, 2011
Associated Press
Most House Democrats skipped Thursday's floor sessions, extending their stay at an Urbana, Ill., hotel to a 10th day and preventing action on the bills because too few members are present.
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Parks Foundation plans east-side farm for Gleaners

March 3, 2011
Kathleen McLaughlin
The Indianapolis Parks Foundation plans to use a $150,000 grant from Indiana University Health to start an organic farm on the east side of the city benefiting Gleaners Food Bank.
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Indiana House speaker set to fine boycotters

March 3, 2011
Associated Press
Most House Democrats skipped Thursday morning's floor session, extending their stay at an Urbana, Ill., hotel to an 11th day and preventing action on labor and education bills they oppose.
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Brightpoint suing software vendor for negligence

March 3, 2011
Scott Olson
The local distributor of wireless phones has filed suit against Massachusetts-based Emptoris Inc., and is looking to recoup millions of dollars it paid the company in addition to the amount it says it spent trying to fix the problem.
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IEDC unveils statewide entrepreneurship initiative

March 3, 2011
Elevate Ventures could attract an additional $30 million in matching federal and private funding to support entrepreneurs statewide, Indiana Economic Development Corp. officials say.
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Lilly's Bydureon falls short of competitor in study

March 3, 2011
Bloomberg News
Bydureon, the diabetes drug being developed by Amylin Pharmaceuticals Inc., Eli Lilly and Co. and Alkermes Inc., didn’t control the disease better than Novo Nordisk A/S’s Victoza in a study.
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Unemployment aid requests fall to near 3-year low

March 3, 2011
Associated Press
Applications for unemployment benefits fell by 20,000, to a seasonally adjusted 368,000, the U.S. Labor Department reported Thursday. Applications are now at their lowest level since May 2008.
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Daniels: Legislative impasse may preclude White House run

March 2, 2011
Associated Press
Indiana Gov. Mitch Daniels said he would stay focused on state matters even if doing so means he would miss a window of opportunity to launch a possible run for the White House.
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Partnership aims to help Midwest manufacturers

March 2, 2011
Associated Press
The Obama administration is creating a $4.5 million partnership between the private sector and government to help Midwest manufacturers access high-tech computing to speed up design cycles for future products.
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DeVry wins abatements for nursing school

March 2, 2011
Scott Olson
The Metropolitan Development Commission awarded the tax abatements for the nursing school, set to open in October, despite opposition from the Nora-Northside Community Council and Metropolitan School District of Washington Township.
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Northwest-side apartment complex faces foreclosure

March 2, 2011
Kathleen McLaughlin
Fannie Mae filed a lawsuit in Marion Superior Court Tuesday, seeking foreclosure and the appointment of a receiver at Arrowwoods Apartments over an unpaid note of $4.56 million.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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