News & Analysis

FinishMaster reports higher quarterly sales, profit

November 2, 2010
The Indianapolis-based distributor of automotive paints and accessories said its third-quarter profit climbed nearly 16 percent, to $3.5 million. Revenue increased 3 percent, to $108.8 million.
More

Tax-cap amendment means change for local government

November 2, 2010
Francesca Jarosz
Cuts in services, higher fees and consolidation of government units are possibilities, but advocates for the constitutional amendment say long-term certainty about property tax rates could benefit the economy.
More

Numerous school referendums face decision time

November 2, 2010
Scott Olson
In central Indiana, the Hamilton Southeastern and Lebanon school districts want more money to build schools or renovate existing ones, while Zionsville School Corp. is seeking additional funding for operating expenses.
More

Judge: Bren Simon can take some distributions from estate

November 2, 2010
Cory Schouten
A Hamilton County judge will allow Bren Simon to take about $3.3 million per year of the estimated $43 million in annual dividend and interest income from her late husband's estate.
More

More than 500 employees take Purdue early-retirement plan

November 2, 2010
 IBJ Staff
The plan, approved by Purdue's Board of Trustees on Aug. 30, was designed to reduce payroll costs and avoid involuntary layoffs.
More

Manufacturer plans to hire 40 in Portland

November 2, 2010
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the jobs by locating a manufacturing plant in the northeastern Indiana city.
More

Lilly to open diabetes research center in China

November 2, 2010
 IBJ Staff
Indianapolis-based Eli Lilly and Co. plans to open a diabetes research center in China, the drugmaker said Tuesday, citing the high incidence of the disease there.
More

Fraud allegations focus of secretary of state race

November 2, 2010
Associated Press
Charges of voter fraud have already marred Tuesday's election for Indiana's next chief election official, with the Republican candidate accused of using a false address to cast a ballot in May's primary.
More

Election Board agrees to lease former Marsh store

November 2, 2010
Cory Schouten
The Marion County Election Board has agreed to lease about 41,000 square feet in a former Marsh store along East Washington Street for an election services center.
More

Profit, revenue increase for Interactive Intelligence

November 1, 2010
 IBJ Staff
The business-communications software firm had profit of $3.5 million in the quarter ended Sept. 30, up from $2.8 million in the same period of 2009. Quarterly revenue leaped to $41.8 million, an increase of 26 percent.
More

Colts have new contract proposal for Manning

November 1, 2010
Associated Press
Indianapolis Colts owner Jim Irsay said Monday he was prepared to make a contract offer to Peyton Manning during the team's off week, but Manning and his agent wanted to wait until after the season.
More

Appeals court rejects Lilly over Gemzar patent

November 1, 2010
 IBJ Staff and Bloomberg News
Without an appeal, generic drugs are now poised to wipe away most of Lilly's $750 million in annual U.S. revenue from Gemzar.
More

In rough economy, state candidates tout biz skills

November 1, 2010
Francesca Jarosz
Candidates might brag about their business credentials in any campaign year, but in the lead-up to Tuesday’s election, some say it’s been particularly intense.
More

Anti-incumbent wave unlikely to swamp ‘lucky’ Burton

November 1, 2010
Mary Dieter
Congressman Dan Burton is expected to win his 15th term Tuesday despite what some say is an anti-incumbent sentiment sweeping the nation.
More

Old National profit rises

November 1, 2010
The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.
More

September consumer spending weakens while incomes dip

November 1, 2010
Associated Press
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
More

Simon's quarterly results slip, but profit, revenue rise

November 1, 2010
Bloomberg News
Simon Property Group Inc., the largest U.S. shopping-mall owner, said third-quarter profit declined from a year ago after the company recorded an expense to buy back debt.
More

First Internet Bancorp quarterly earnings up again

November 1, 2010
First Internet Bancorp earned just over $1 million in the third quarter ended Sept. 30, compared to a loss of $208,806 for the same quarter of 2009.
More

Voters expected to OK property-tax cap amendment

October 31, 2010
Associated Press
A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure's biggest opponents have given up the fight.
More

Indiana's life sciences industry sees trouble ahead

October 30, 2010
Associated Press
Indiana's life sciences industry has weathered the recession relatively well, but Eli Lilly's struggles and tight capital markets could threaten the future.
More

State sues WellPoint over data breach

October 30, 2010
Associated Press
The lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses to provide notification of data breaches in a timely manner.
More

Workplace safety rules a part of ND death probe

October 30, 2010
Associated Press
State regulators are investigating whether the University of Notre Dame violated safety rules when it allowed a student to videotape football practice from a tall hydraulic lift that toppled in high winds, killing the young man.
More

BioCrossroads helping laid-off life sciences workers land safely

October 30, 2010
Chris O'Malley
Indiana firms have dismissed more than 1,400 life science workers over the last two years. Now BioCrossroads has launched a website that aims to keep that talent in the state.
More

Former IU tech-transfer chief: State isn't competitive enoughRestricted Content

October 30, 2010
Norm Heikens
Mark Long was president of the Indiana University Research & Technology Corp., which was responsible for the university’s tech transfer, before launching a consulting firm, Long Performance Advisors, in 2008.
More

New parking meter plan could yield Indianapolis more cash

October 30, 2010
Francesca Jarosz
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

ADVERTISEMENT