News & Analysis

Colts give local economy a kick

January 25, 2010
Anthony Schoettle
Indianapolis Colts Super Bowl run giving downtown hotels, restaurants and retailers a multi-million-dollar boost.
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Purdue tops Indiana colleges in MBA-school rankings

January 25, 2010
Purdue University's Krannert School of Management MBA program ranked 54th worldwide and ninth among U.S. public institutions. The program at Indiana University's Kelley School of Business ranked 57th and 10th, respectively.
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Report says Indiana home sales, prices on rise

January 25, 2010
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties reported sizable slides.
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Bill would give CO2 pipeline firms right to take private land

January 25, 2010
Chris O'Malley
A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane plant proposed in Rockport.
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Rising pay for coaches puts pressure on athletic departments

January 23, 2010
Anthony Schoettle
A group of academics recently grilled the NCAA about what it plans to do to secure the future of more than three-fourths of its largest members, whose athletic departments are hemorrhaging cash at a surprising rate.
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Minority-owned logistics firm lands high-profile investors

January 23, 2010
Chris O'Malley
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
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Indianapolis hospitals extending reach statewide

January 23, 2010
J.K. Wall
St. Vincent Health's agreement to lease the county hospital in Salem for five years is the latest in a string of deals by Indianapolis hospital systems seeking a statewide presence.
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Merger-and-acquisition activity expected to warm in the Indianapolis areaRestricted Content

January 23, 2010
Norm Heikens
Pent-up demand, anticipated thaw in financing might cause business valuations to rise modestly
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Indianapolis deals in 2009 ranged from $4.6 billion to $70Restricted Content

January 23, 2010
Norm Heikens
WellPoint's sale of its NextRx unit was the largest deal in the Indianapolis area in 2009.
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Salvation Army draws scrutiny for supplying homes to officersRestricted Content

January 23, 2010
Kathleen McLaughlin
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
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Affordable-housing group goes on apartment-buying bingeRestricted Content

January 23, 2010
Cory Schouten
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last 18 months.
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ISTA scandal could limit union's influence, sway electionRestricted Content

January 23, 2010
Peter Schnitzler
A securities-fraud case Secretary of State Todd Rokita brought against the union last month could make matters worse for the already hobbled ISTA, blunting its ability to help elect Democrats in November.
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Magazine ranks Old National Bank among nation's strongest performersRestricted Content

January 23, 2010
 IBJ Staff

Forbes magazine has named Evansville-based Old National Bank the nation’s 18th-best-performing bank.

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One exec pays off risky loan, another pays a big priceRestricted Content

January 23, 2010
Greg Andrews
Emmis' Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.
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Market on three-day losing streak

January 22, 2010
Bloomberg News
U.S. stocks sank again Friday, extending the market's biggest three-day tumble since March, as financial shares slumped on President Obama's plan to rein in banks.
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Senate bill would snuff out Indiana's smoking-cessation agency

January 22, 2010
Peter Schnitzler
Anti-tobacco advocates worry cost-cutting move could seriously diminish state's efforts to curb Hoosier tobacco use.
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Purdue to slice benefits for staff, techology costs

January 22, 2010
Associated Press
University will cut employee benefits, retirement contributions and information technology services to partially close a $67 million budget deficit for the West Lafayette campus
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State's unemployment rate jumps to 9.9 percent

January 22, 2010
Scott Olson
Indiana's jobless rate made its biggest increase since mid-2009. Department of Workforce Development Commissioner Teresa Voors attributed the rise, in part, to a decrease in construction in December.
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Indiana businesses are welcoming investment from ChinaRestricted Content

January 22, 2010
Peter Schnitzler
Some observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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Simon Property accepts $2.3B of notes in offer

January 22, 2010
Associated Press
Simon will fund the purchase with available cash plus proceeds from the sale of $2.25 billion in senior unsecured notes.
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Bill on Sunday microbrewery sales clears Senate

January 22, 2010
Associated Press
The bill would limit the amount of Sunday carryout sales from Indiana microbreweries to about three cases per transaction.
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EnerDel has more deals in the works

January 21, 2010
Kathleen McLaughlin
Lithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the $237 million investment it announced Thursday.
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Grocery distributor buys convenience store supplier

January 21, 2010
An Indianapolis-based grocery wholesaler has purchased the assets of a convenience store supplier in Danville, enabling it to expand its number of customers to 800 in five states.
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EnerDel hopes to hire 1,100 at new manufacturing plant

January 21, 2010
Peter Schnitzler
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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