News & Analysis

Packaging company seeks abatement for expansion

April 6, 2010
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
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Fishers company agrees to pay $5.5M in concrete case

April 6, 2010
Scott Olson
Builder's Concrete & Supply will pay the amount as part of a larger $60 million settlement lawyers reached with seven companies accused of fixing concrete prices.
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Hundreds show interest in jobs at police car maker

April 6, 2010
 IBJ Staff and Associated Press
Company executives told those at Monday's information sessions that many jobs will require an associate's degree in engineering and computer literacy to operate assembly-line machines.
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Butler's near-miss run captivates thousands of fans

April 6, 2010
Associated Press
It was the third runner-up finish for the city in the past six months. The Indiana Fever lost in the WNBA finals, the Indianapolis Colts lost the Super Bowl and now Butler.
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New tenant-rep group plans commercial during Masters

April 6, 2010
Cory Schouten
One of the city's top office brokers is launching a new tenant-rep group with a TV commercial after the Masters golf tournament on Sunday.
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Red Key's rules will live on after owner's death

April 5, 2010
J.K. Wall
Russel Settle, 92, was renowned for telling customers at the landmark Red Key Tavern to mind their manners in the northside pub featured in a Dan Wakefield novel.
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Butler victory would mean big payday for school

April 5, 2010
Anthony Schoettle
Butler BookstoreButler is winning the war of merchandise sales, leading the other three schools in the Final Four. A victory tonight, sports marketers said, would increase those sales fivefold.
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Brightpoint cuts CEO's pay by almost 35 percent

April 5, 2010
Peter Schnitzler
Robert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management team also took substantial pay cuts.
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Tickets still remain for Butler-Duke game

April 5, 2010
National ticket search engine says about 4,500 remained Monday morning for the NCAA championship game at Lucas Oil Stadium.
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White House hails economic gains, foretells slow recovery

April 4, 2010
Associated Press
Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while bracing out-of-work Americans for a slow recovery.
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Price of scrap metals surge upward

April 3, 2010
Associated Press
After plummeting along with the rest of the economy, the price of scrap metals is surging upward.
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Ballard mimics Major Moves infrastructure-improvement plan

April 3, 2010
Peter Schnitzler
So far, in discussing his plan to sell the city's water and sewer utilities, Mayor Greg Ballard has emphasized the impact on utility rates, the $1.5 billion in city debt Citizens would assume, and the chance to improve streets and sidewalks. But Ballard also has another key objective: business attraction and expansion.
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Volunteers in Medicine fill need as boomers retire

April 3, 2010
Marc D. Allan
Not-for-profit sees increasing numbers of patients, but can't plug the entire gap to be created by health care retirements.
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Butler coach Stevens expected to get lucrative offers

April 3, 2010
Anthony Schoettle
Butler University basketball coach Brad Stevens has an annual base pay of $350,000 with another $37,851 in benefits and deferred compensation. Not bad for a 33-year-old. But it's no comparison to what big-time men's college basketball coaches make.
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SPECIAL REPORT: Brizzi ordered lenient deal for business partner's client

April 3, 2010
Cory Schouten
Marion County Prosecutor Carl Brizzi last year intervened in a major drug case to offer a reduced sentence over objections from both law enforcement officers and his own deputy prosecutors.
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Spine center offering quick care for painRestricted Content

April 3, 2010
Scott Olson
An Indianapolis doctors' office has started an offshoot practice that specializes in quickly seeing patients with severe back pain.
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Interactive Intelligence taps college to connect with BlackBerryRestricted Content

April 3, 2010
J.K. Wall
Shortly after Interactive Intelligence Inc. decided two years ago to push beyond its roots in call centers and pitch its communications software to more insurance agents and money managers, the company ran up against a tricky hurdle: the BlackBerry.
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City utility deal treads in murky watersRestricted Content

April 3, 2010
Chris O'Malley
A $1.9 billion proposal to sell the city’s water and sewer utilities splashed into public view last month, but some financial details settling at the bottom line could make the deal harder to swallow.
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Downgrade a red flag for Indiana Live casino

April 3, 2010
Peter Schnitzler
New York-based Moody's Investors Service has downgraded its credit rating for Indiana Live horse track and casino, a warning signal that the Shelbyville facility may soon follow its Anderson counterpart Hoosier Park into bankruptcy.
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Indianapolis set for next wave of angel investorsRestricted Content

April 3, 2010
Norm Heikens
A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets necessary to back startups that are at once risky and rich with potential for lucrative returns.
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Some up-and-coming angel investorsRestricted Content

April 3, 2010
Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.
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Compensation for WellPoint's Braly rises 51 percent

April 2, 2010
Associated Press
Stock options, bonus fuels CEO's pay.
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Retired Junior Achievement exec files defamation suit

April 2, 2010
Kathleen McLaughlin
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments by Central Indiana Community Foundation President Brian Payne and current CEO Jennifer Burk ruined the offer.
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Purdue signs Painter through 2016-17 season

April 2, 2010
 IBJ Staff and Associated Press
Purdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives for academic, athletic and attendance performance.
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NCAA, city still hammering out long-term deal

April 2, 2010
Anthony Schoettle
The NCAA and city put together a deal to cover insurance and liability issues for this year's Final Four, but are still finalizing an agreement that assures the event comes back regularly through 2039.
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

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