News & Analysis

Batesville Tool & Die expansion should create 40 jobs

June 17, 2010
Southeastern Indiana company plans to add 25,000 square feet to plant and begin hiring additional employees by the end of next year.
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Duke Realty buying out joint venture partner for $298M

June 16, 2010
 IBJ Staff
Duke Realty Corp. plans to buy out its partner in a joint venture that owns 106 industrial buildings in the Midwest and Southeast, the Indianapolis-based company announced Wednesday.
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WellPoint CFO says feds may phase in medical-spending rule

June 16, 2010
Bloomberg News
U.S. regulators may phase in requirements on how much health insurers spend on medical care to avoid pushing plans out of the market for people who buy their own coverage, WellPoint Inc.'s chief financial officer said Wednesday.
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UPDATE: Commission approves City Market funding

June 16, 2010
Scott Olson
The Metropolitan Development Commission voted Wednesday afternoon to release nearly $4 million to improve the historic building in downtown Indianapolis.
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Big Ten considering name change

June 16, 2010
Anthony Schoettle
With the addition of the University of Nebraska, the Big Ten logo is likely to change. Conference officials are seriously considering a new name for the conference.
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Carmel-based power provider receives $5M federal grant

June 16, 2010
The Indiana Municipal Power Agency will use funds through the American Recovery and Reinvestment Act to retrofit streetlights in 20 communities that it serves.
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LEADING QUESTIONS: Clarian CEO on daily rounds

June 16, 2010
Mason King
Evans
                           Watch VideoDan Evans, president and CEO of Clarian Health, details his cure for losing sight of day-to-day operations, how he gauges his effectiveness, and two bits of crucial advice.
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Indiana moves up in med tech rankings

June 16, 2010
J.K. Wall
Medical technology companies employed 19,950 Hoosiers in 2007 and supported another 35,000 jobs in supplier companies, according to an analysis funded by an industry trade group.
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Indy firm launches bedsore weapon

June 16, 2010
J.K. Wall
The latest idea from Dr. James Spahn, an Indianapolis health care entrepreneur, should help hospitals and nursing homes do a better job of preventing severe bedsores, or pressure ulcers. That’s good, because Medicare and private health insurers increasingly won’t pay to treat them.
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New federal rules target for-profit college recruiting

June 16, 2010
Bloomberg News
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take out government loans they can’t afford.
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Walgreens gets final OK to sell booze at 14 local stores

June 15, 2010
 IBJ Staff
The stores are expected to start selling alcohol within a month following unanimous approval of the Indiana Alcohol & Tobacco Commission.
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U.S. Senate confirms Indiana's Pratt as federal judge

June 15, 2010
Michael W. Hoskins
Tanya Walton Pratt is set to become Indiana's first African-American federal judge and one of four female jurists on Indiana's federal bench.
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Fairbanks Foundation gives $20M to IUPUI public health school

June 15, 2010
 IBJ Staff
The Indianapolis-based Richard M. Fairbanks Foundation is contributing $20 million to support IUPUI’s effort to open a school of public health.
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Democrat Williams drops out of race for mayor

June 15, 2010
Brian Williams said Tuesday that he is dropping his bid to challenge Mayor Greg Ballard in 2011, paving the way for front runner Melina Kennedy to represent the Democrats.
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Herron High School ranked among nation's best

June 15, 2010
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
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JMV already boosting The Fan's ad revenue

June 15, 2010
Anthony Schoettle
Even before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent hire of new afternoon host JMV.
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IMA hopes sculpture park brings acclaim, and donors

June 15, 2010
Kathleen McLaughlin
The $25 million park's grand opening is scheduled for June 20 following an opening-night party and a members-only VIP preview with artists and architect on June 19. Atelier Van Lieshout's "Funky Bones" is one of the featured sculptures.
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Washington Square area getting first new retail strip in three years

June 15, 2010
Tom Harton
Thompson Thrift, based in Terre Haute and Carmel, has started construction on Washington Square Commons, a 9,000-square-foot retail strip at 10110 E. Washington St., at a major entrance to Washington Square Mall.
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Young workers help Indiana parks during cutbacks

June 14, 2010
Associated Press
Indiana Department of Natural Resources spokesman Phil Bloom said the 1,665 young workers hired by the DNR will help seasonal workers with important maintenance work at many of the state's 24 state parks and dozens of other properties.
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Auction to sell items from former money manager

June 14, 2010
Associated Press
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker used to flee police.
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Lucas Oil lube shop 'on hold'

June 14, 2010
Scott Olson
Company announced plans in May 2009 for a $2 million lube shop and car wash in Avon. But more than a year later, work hasn't started.
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House Speaker pushes IEDC over job-creation numbers

June 14, 2010
Peter Schnitzler
Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp. disclose public records about promises companies gave the state in exchange for job-creation incentives.
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Local artist Knabe lands in Indiana Design Center

June 14, 2010
Walter Knabe, this year's official artist of the Indianapolis 500, will set up shop this summer in the Indiana Design Center, part of the Carmel's Arts and Design District.
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Holiday World president Will Koch dies at 48

June 14, 2010
Associated Press
Koch, 48, led the amusement park for 20 years, during which time it added a water park and several world-class roller coasters.
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IU falling short of funds to properly maintain buildings

June 13, 2010
Associated Press
University officials told trustees a $17 million annual shortfall will lead to higher expenses later.
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  1. Why not take some time to do some research before traveling to that Indiana town or city, and find the ones that are no smoking either inside, or have a patio? People like yourself are just being selfish, and unnecessarily trying to take away all indoor venues that smokers can enjoy themselves at. Last time I checked, it is still a free country, and businesses do respond to market pressure and will ban smoking, if there's enough demand by customers for it(i.e. Linebacker Lounge in South Bend, and Rack and Helen's in New Haven, IN, outside of Fort Wayne). Indiana law already unnecessarily forced restaurants with a bar area to be no smoking, so why not support those restaurants that were forced to ban smoking against their will? Also, I'm always surprised at the number of bars that chose to ban smoking on their own, in non-ban parts of Indiana I'll sometimes travel into. Whiting, IN(just southeast of Chicago) has at least a few bars that went no smoking on their own accord, and despite no selfish government ban forcing those bars to make that move against their will! I'd much rather have a balance of both smoking and non-smoking bars, rather than a complete bar smoking ban that'll only force more bars to close their doors. And besides IMO, there are much worser things to worry about, than cigarette smoke inside a bar. If you feel a bar is too smoky, then simply walk out and take your business to a different bar!

  2. As other states are realizing the harm in jailing offenders of marijuana...Indiana steps backwards into the script of Reefer Madness. Well...you guys voted for your Gov...up to you to vote him out. Signed, Citizen of Florida...the next state to have medical marijuana.

  3. It's empowering for this niche community to know that they have an advocate on their side in case things go awry. http://www.youtube.com/watch?v=Lrst9VXVKfE

  4. Apparently the settlement over Angie's List "bundling" charges hasn't stopped the practice! My membership is up for renewal, and I'm on my third email trying to get a "basic" membership rather than the "bundled" version they're trying to charge me for. Frustrating!!

  5. Well....as a vendor to both of these builders I guess I have the right to comment. Davis closed his doors with integrity.He paid me every penny he owed me. Estridge,STILL owes me thousands and thousands of dollars. The last few years of my life have been spent working 2 jobs, paying off the suppliers I used to work on Estridge jobs and just struggling to survive. Shame on you Paul...and shame on you IBJ! Maybe you should have contacted the hundreds of vendors that Paul stiffed. I'm sure your "rises from the ashes" spin on reporting would have contained true stories of real people who have struggled to find work and pay of their debts (something that Paul didn't even attempt to do).

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