Counties worry about cost of sentencing overhaul

Associated Press
Indiana counties could be forced to pay some of the costs of a change in the state's criminal code that is designed to keep low-level offenders out of prison while ensuring the worst serve more of their sentences.
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KENNEDY: We the ignorant peopleRestricted Content

Sheila Suess Kennedy
Like it or not, the United States is a country where, increasingly, people read different books and newspapers, visit different blogs, watch different television programs, attend different churches and even speak different languages.
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Greenwood, Whiteland try to spur, shape growthRestricted Content

Kathleen McLaughlin
Two Johnson County communities are determined to capture—and control—the next wave of suburban growth.
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WISH-TV rakes in bucks with city's only locally produced lifestyle showRestricted Content

Chris O'Malley
"Indy Style"--an hour’s worth of TV programming on everything from recipes to music to fitness to screen-door-repair tips--fills its show with guests who are a combination of invited guests, sponsors and one-time-only advertisers.
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Centerfield rounds up $171M for new fundRestricted Content

Dan Human
An Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116 million.
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INDOT will build interchange at U.S. 31 and S.R. 28Restricted Content

Indiana is upgrading and bypassing congested sections of U.S. 31 near Kokomo, South Bend and Indianapolis. When completed, the projects are expected to remove 32 stoplights from the route, cutting a half hour off travel time.
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Animation firm recognized for children's bookRestricted Content

The youthful animators at The Basement have won the Independent Publisher’s Book Awards’ silver award for their first children’s e-book, “Every Walrus Can Fly.”
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Spate of banking mergers may be just the beginningRestricted Content

Greg Andrews
First Merchants Corp. CEO Michael Rechin thinks a wave of bank mergers is coming—driven by financial institutions’ quest to increase profits in an environment where super-low interest rates continue to squeeze margins.
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Athenaeum weighs redevelopment bids for surface parking lotRestricted Content

Scott Olson
Three developers are competing to build a mixed-use project likely to include a parking garage on a surface lot adjacent to the historic Athenaeum building.
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Oesterle sells land to Angie's List, reaping millionsRestricted Content

Chris O'Malley
Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.
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Firms ladle trips, car allowances on top of rich pay packagesRestricted Content

Dan Human
Senior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana companies.
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PINCUS: State needs better life sciences startup ecosystemRestricted Content

Jack Pincus / Special to IBJ
Indiana’s life sciences sector is mostly composed of legacy companies.
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Mobile health apps could cut into legacy companies' turfRestricted Content

J.K. Wall
The future of Indiana’s sprawling health care and life sciences industry might be threatened by an unlikely source: smartphone apps.
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Union looks to settle with workers over right-to-work issue

Kathleen McLaughlin
A local union charged with violating Indiana’s right-to-work law is hoping to settle with six workers who say their dues were improperly collected.
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Duke's CFO heading to Chicago real estate firm

Christie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during the recession and economic recovery.
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Indiana withdraws support for fertilizer plant

Associated Press
State officials have withdrawn incentives for a fertilizer plant over concerns about whether its Pakistan-based owners are doing enough at their overseas operations to keep the potentially explosive material from being used against U.S. troops.
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ExactTarget confirms Atlanta expansion

Dan Human
Indianapolis-based digital marketer ExactTarget Inc. plans to add 225 jobs over the next five years in Georgia.
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Report: Roche mulls sale of blood-glucose monitor business

J.K. Wall
Roche Diagnostics Corp. is considering a sale of its blood-glucose meter business, a move that would cast uncertainty over the nearly 1,000 people working for its diabetes business in Indianapolis.
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Indiana adds jobs; unemployment rate slips

Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department of Workforce Development reported Friday morning.
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River protest set for proposed central Indiana reservoir

Associated Press
Organizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness of the amount of land that would disappear if the reservoir is built.
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New owner shutting down 520-worker Indiana plant

Associated Press
Allied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
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Airport considers more parking changes

Kathleen McLaughlin
Indianapolis International Airport plans to tweak another parking area, this time designating 260 spaces closest to the terminal for people who intend to spend a short time inside.
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Critical questions follow reviewer's departure from Indy Star

Lou Harry
The state's largest newspaper is mum on whether reviews will continue after the Friday resignation of its fine arts critic. Arts organizations are taking a wait-and-see attitude.
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PANEL: Life sciences will see radically different futureRestricted Content

IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues of venture capital, digital health innovations and research university entrepreneurship.

Panel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.

The following is an unedited transcript of the discussion.

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Canada’s Supreme Court won’t hear Lilly appeal on Zyprexa

Bloomberg News
Eli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major developed countries.
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