AP News

Indianapolis making contingency plan for Super Bowl

August 2, 2010
Associated Press
NFL officials and the Indianapolis Super Bowl Host Committee have a contingency plan if a work stoppage postpones the 2012 Super Bowl.
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Candidates for Indiana Supreme Court narrowed to three

July 31, 2010
Associated Press
One of the finalists, Marion Superior Court Judge Robyn Moberly, would be the first woman on the state's highest court since 1999.
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$6.6M grant to help project at Crane tech park

July 30, 2010
Associated Press
A federal grant will pay most of the costs for an $8 million conference center that officials hope will help attract business to a technology park near the Crane Naval Surface Warfare Center.
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Investors fear insurers' rosy outlook will boost regulators' scrutiny

July 29, 2010
Bloomberg News
Indianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring investor concern that state and federal regulators may increase scrutiny of industry pricing.
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Kokomo GM plant 'assessing' business operations

July 28, 2010
 IBJ Staff and Associated Press
GM spokesman Kevin Nadrowski says officials at the Kokomo Integrated Circuit Fab plant met with 375 workers Wednesday to say they're "assessing the business model at the plant based on recent business developments."
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Declining attendance forcing Speedway to make changes

July 28, 2010
Associated Press
Three days after witnessing the smallest Brickyard 400 crowd in the race's 17-year history, Indianapolis Motor Speedway CEO Jeff Belskus said he intends to cut ticket prices for about 75 percent of fans at next year's race.
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Frankfort manufacturer to build plant in Tennessee

July 28, 2010
Associated Press
NHK Seating of America's plant in Murfreesboro is expected to employ up to 224 workers when all phases of production are operating in 2015.
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Carmel finishes annexation of Southwest Clay

July 27, 2010
Associated Press
The community about 10 miles north of Indianapolis grew by 8.3 square miles and 8,000 people Tuesday with the long-planned annexation.
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Feds: Texas pastor misused loan for Indiana church

July 27, 2010
Associated Press
A Houston minister accused of using money borrowed to build a new church to buy a mink coat and a Mercedes Benz missed his initial hearing in Indianapolis on Tuesday.
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Consumer confidence index retreats further

July 27, 2010
Associated Press
Economists watch the Consumer Confidence index closely because consumer spending accounts for about 70 percent of U.S. economic activity and is critical to a strong recovery.
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Pennsylvania, Indiana top Nevada in gambling taxes

July 27, 2010
Associated Press
Pennsylvania's tax revenue from commercial casinos approached $1.1 billion in the fiscal year that ended June 30. Indiana was second with $878 million and Nevada third with $831 million.
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Proposal: Link federal aid to performance of ITT, peers

July 23, 2010
Bloomberg News
The Obama administration released a proposal that would tighten for-profit colleges’ access to federal student aid, threatening an industry that received $26.5 billion in U.S. funds last year. Carmel-based ITT Educational Services is among those potentially affected.
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Elevated jobless claims point to weak labor market

July 22, 2010
Associated Press
The sharp increase comes after claims fell steeply two weeks ago to their lowest level since August 2008. But much of that drop was driven by temporary seasonal factors and not an improving job market.
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Historic financial overhaul signed into law by Obama

July 21, 2010
Associated Press
Rep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of Ohio in calling for the law's repeal.
More

Auto plant's 300 jobs draw 3,000 applicants

July 21, 2010
Associated Press
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union official said.
More

Indiana accused of cutting aid to food stamp users

July 20, 2010
Associated Press
Indiana Family and Social Services Administration attorneys do not believe federal law was broken when officials balanced food stamp payments against a state-run supplemental aid program.
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Local building permits drop; national home building falls

July 20, 2010
 IBJ Staff and Associated Press
Locally, the number of building permits filed in the nine-county Indianapolis area fell by 20 percent in June while home construction plunged nationally to the lowest level since October.
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Steel Dynamics profit up, but misses analysts' estimates

July 20, 2010
Bloomberg News
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said Monday in a statement.
More

Indiana working on phosphorous limits for lakes

July 19, 2010
Associated Press
The Indiana Department of Environmental Management says the rule would impact sewage treatment plants upstream of lakes.
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Carmel law firm settles consumer claims in Vermont

July 19, 2010
Associated Press
Mossler Law Firm of Carmel agreed to cease all business in Vermont, refund about $79,500 in fees paid by Vermont residents and pay $60,000 in civil penalties.
More

Indiana Medicaid chief: Feds leave states in dark

July 15, 2010
Associated Press
Indiana and other states face a struggle as they grapple with putting the health care changes into place in a relatively short span of time while they also contend with the economic downtown and strained state budgets.
More

Pacers name Kellogg VP of player relations

July 14, 2010
Associated Press
Kellogg is a broadcaster for Pacers and CBS college basketball telecasts. He'll continue his responsibilities with Pacers TV and as the lead college basketball analyst for CBS.
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Dallara plans $7M facility in Speedway for IndyCar

July 14, 2010
 IBJ Staff and Associated Press
The racing company's only operations outside of Italy could create more than 80 new jobs in the Indianapolis area.
More

Cummins moving 100 jobs from Memphis to Mexico

July 14, 2010
Associated Press
The moves will leave about 1,400 employees of Cummins and its contract workers in the Memphis area.
More

Ruling on Visteon retiree benefits overturned

July 14, 2010
Associated Press
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.
More
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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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