News & Analysis

Irsay: Colts put franchise tag on Manning

February 15, 2011
Associated Press
Manning, the only four-time MVP in league history, has been given the exclusive franchise tag, a move that could cost the Colts $23 million next season. Team owner Jim Irsay announced the decision Tuesday night on Twitter.
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GOP-led panel tweaks Daniels' school voucher bill

February 15, 2011
Associated Press
Fewer families would qualify for private school vouchers under changes Republican lawmakers have made to Indiana Gov. Mitch Daniels' controversial proposal.
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Indiana Senate panel advances marijuana, meth bills

February 15, 2011
Associated Press
The Senate's criminal law committee voted 5-3 to advance to the full Senate the bill directing the criminal law and sentencing study committee to examine Indiana's marijuana laws next summer and make recommendations.
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Union protests at Statehouse on GOP proposals

February 15, 2011
Associated Press
The future of the bill drawing the strongest ire of the union members remained uncertain as a Republican committee chairman said a decision had not been made on whether so-called right-to-work legislation would be considered this session.
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Indiana House OKs amendment banning gay marriage

February 15, 2011
Associated Press
The Republican-controlled House voted 70-26 to advance the proposal, which must clear two separately-elected Legislatures to get on the ballot for a public vote.
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Fair trustee: Durham committed fraud of 'shocking proportions'

February 15, 2011
Greg Andrews
Fair Finance Co.’s bankruptcy trustee alleges Tim Durham perpetrated a fraud of  "shocking proportions,” draining huge sums from the Akron, Ohio, firm for years to mask that his business empire had collapsed.
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Booster groups Indy Partnership, Develop Indy to merge

February 15, 2011
Cory Schouten
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
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Logistics provider cutting 76 jobs in Brownsburg

February 15, 2011
Pittsburgh-based Genco ATC is vacating its Brownsburg facility after failing to receive the contract to operate the warehouse at 901 Northfield Drive.
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Business Ownership Initiative hires executive director

February 15, 2011
Sean Morrison
Julie Grice, a 10-year veteran of the Greater Indianapolis Chamber of Commerce and former business owner, began her tenure as executive director of the not-for-profit Business Ownership Initiative of Indiana on Sunday.
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Fair Finance trustee sues Indy attorney for $375,000

February 15, 2011
Greg Andrews
The loan from Fair Finance Co. to Stephen and Linda Plopper matured in 2006, but the couple has failed to satisfy the debt despite recent demands for payment, the suit alleges.
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Parking meter replacement set to begin in March

February 15, 2011
Scott Olson
Affiliated Computer Services, which struck a deal late last year to manage the city's parking meters, will begin replacing meters in downtown Indianapolis and Broad Ripple early next month.
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Senate committee passes sentencing-reform bill

February 15, 2011
Associated Press
An Indiana Senate committee has passed a plan that would keep violent felons in prison longer and reduce punishments for many thefts and drug crimes.
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DeVry Inc. plans to open local nursing school

February 15, 2011
The for-profit school would lease 24,000 square feet at its Keystone Crossing campus and employ 55 people in its nursing program at an average wage of $28.85 an hour. DeVry is requesting property-tax abatement to offset investment costs.
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Indiana launches $250K ad blitz for Illinois businesses

February 15, 2011
Associated Press
State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.
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Whitsett proposes 86-unit downtown apartment project

February 15, 2011
Tom Harton
The $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former Central Restaurant Products building to accommodate one- and two-bedroom apartments.
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New York Stock Exchange parent to be acquired

February 15, 2011
Associated Press
The parent company of the New York Stock Exchange says it has agreed to combine with the operator of the Frankfurt stock exchange, Deutsche Boerse.
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Retail sales rise again despite severe weather

February 15, 2011
Associated Press
Shoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.
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Bill would send taxpayer cash to private schools

February 14, 2011
Associated Press
Indiana lawmakers will start the debate Tuesday on the most controversial plank of Gov. Mitch Daniels' sweeping education platform: a plan to use taxpayer money to help parents send their children to private schools
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Vote delayed on Indiana same-sex marriage amendment

February 14, 2011
Associated Press
Resolution sponsor Rep. Eric Turner of Marion said he wouldn't call it for a vote on Monday because some House members who want to support it were absent for the day.
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Former Colts player charged in $1M theft case

February 14, 2011
Associated Press
Former Indianapolis Colts quarterback Art Schlichter, whose NFL career was derailed by a gambling addiction, was charged Monday with stealing more than $1 million from a 68-year-old woman in suburban Columbus, Ohio.
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WXIN-TV general manager leaving for Houston station

February 14, 2011
Scott Olson
Jerry Martin notified staff on Monday that he has accepted a position as general manager of NBC affiliate KPRC-TV. Martin joined Fox59 six years ago and helped the station increase its news coverage.
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Daniels finishes low in weekend straw poll

February 14, 2011
 IBJ Staff and Associated Press
The Indiana governor received just 4 percent of the vote among potential Republican presidential candidates at the Conservative Political Action Conference. But an IUPUI political science professor says the weak showing shouldn't dissuade Daniels' supporters.
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Glick partners on $30M downtown apartment development

February 14, 2011
Cory Schouten
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
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CIB set to approve parking lot paving bid

February 14, 2011
The Capital Improvement Board will consider a bid for up to $900,000 to pave a gravel parking lot on the former site of Market Square Arena once slated for redevelopment.
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Inspectors find Indiana tobacco sales to minors declining

February 14, 2011
Associated Press
A partnership called the Tobacco Retailer Inspection Program said Monday that sales of tobacco products to teen-agers occurred in less than 4 percent of more than 8,400 inspections.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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