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News & Analysis

NBA set to OK more revenue sharing

A push from Indiana Pacers co-owner Herb Simon and seven other National Basketball Association owners is spurring league officials to adopt broader revenue-sharing measures. But those measures might not be enough to pull the Pacers out of the red.
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IU ready to pick insider for president's job

Indiana University appears poised to choose an internal candidate as president for the first time in 35 years . The decision could be announced within days. Two IU trustees confirmed that finalists include Michael McRobbie and Ora Pescovitz, well-known IU administrators.
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Bill would let utilities pass on more costs without rate hearings

Utility ratepayer groups say House Bill 1496, which is stuck in committee, is typical of what they see as a disturbing trend: allowing utilities to pass the cost of mandates directly to consumers. HB 1496 would require Indiana's coal-reliant electric utilities to generate at least 10 percent of their power from renewable energy sources like wind and landfill gas.
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Brightpoint's buy turns the tables

On Feb. 20, Plainfield-based cell phone distributor Brightpoint Inc. announced a blockbuster deal to buy Dangaard, its largest European rival, for $308 million, a reversal of fortunes from five years ago between the competitors.
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Allison Transmission might be ripe for management buyout

As struggling General Motors Corp. tries to raise cash by unloading Allison Transmission, the fate of the city's third-largest manufacturer hangs in the balance. But analysts say its market dominance, strong management team and abundance of private equity could spare it the fate of other auto plants here.
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Car dealers to offer license plates

Hoosiers wanting to avoid the hassle of waiting in line at the BMV will soon have an option, but will have to pay about $20 to use it. The Indiana Bureau of Motor Vehicles is launching a project to allow automobile dealers across the state to provide title and license-plate registrations.
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Local software maker teams with Microsoft

Autobase Inc. has inked a partnership with tech heavyweight Microsoft Corp. that might fuel growth for the Indianapolis-based marketing-software maker. The deal will allow Autobase to piggyback its software on Microsoft's as the Seattle company launches products aimed at auto dealers.
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