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Articles

‘Deceived’: Indianapolis charter school pitch left out lawsuits, touted questionable college degrees

April 23, 2021 | Stephanie Wang, Chalkbeat Indiana

A Chalkbeat investigation found that the rosy charter pitch for Stemnasium Science Math Engineering Middle School painted over troubling details—lawsuits, financial troubles, questionable academic credentials—that escaped notice by city charter officials and The Mind Trust.

Alumni give IU positive marks for presidential pick, applaud emphasis on diversity

April 16, 2021 | Anthony Schoetle and Leslie Bonilla Muñiz

“The more people we see—women, people of color, people of diverse backgrounds in positions of authority—I think the more it advances society for all of us,” said Dr. Don Brown, an IU alumnus and major donor.

IndyGo battling another potential financial hit from GOP as Legislature winds down

April 15, 2021 | Barb Berggoetz / Special to IBJ

A Republican senator won initial approval this week for an amendment that would require IndyGo to pay public utilities to relocate utility services to make way for new transit lines, a move that Democrats say goes against standard practice.

Biden seeks huge budget increases for education, health care, environmental protection

April 9, 2021 | The Washington Post

The president’s early blueprint calls for a nearly 16% increase in funding across non-defense domestic programs, reflecting the White House’s guiding belief that bigger government—and spending—can close the country’s persistent economic gaps.

Child Advocates asks city to reconsider switch after losing contract it’s held for 39 years

April 6, 2021 | Marilyn Odendahl / The Indiana Lawyer

Cynthia Booth, CEO of Child Advocates, said she had no idea the city was looking to change providers in its court appointed special advocates program. She noted the switch was completed without a request for proposals or asking for public input.

Lilly Endowment awards more than $93M in grants to address poverty in Indianapolis

March 31, 2021 | Lindsey Erdody

The grants, which range from $180,000 to more than $8 million each, will be awarded to 28 Indianapolis-based organizations to fund new programs aimed at financial security or expand existing programs that address poverty-related challenges.

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NFL announces new TV, streaming deals worth more than $110 billion

March 19, 2021 | The Washington Post

The NFL completed a new set of lucrative television and streaming deals Thursday that solidify the sport’s status as the most valuable property in television and are expected to result in a 17-game season being put into effect this fall.

Carmel physician’s lawsuit says St. Vincent fired him without cause

March 15, 2021 | John Russell

A Carmel physician who worked for St. Vincent Medical Group for a decade is suing the health system, claiming it fired him without cause last year.

March Madness TV-rights price tag continues to soar

March 13, 2021 | Greg Andrews

The media landscape is in the throes of dramatic change that creates uncertainty but also adds to the value of events like the NCAA Men’s Basketball Tournament that attract huge live audiences.

IPL places big bet on a name change

March 12, 2021 | John Russell

One of Indianapolis’ oldest companies, Indianapolis Power & Light Co., is testing whether putting on a whole new look will help it get more recognition and affection than utilities’ normally see.

March Madness could spark new growth in Indy events, conventions

March 12, 2021 | Mickey Shuey

Visit Indy plans to bring in a small group of “key decision-makers” from across the United States throughout the tournament, with the goal of letting major event executives safely see Indianapolis’ capabilities.

Jennifer Wagner: Mass transit conversation should focus on best options

March 12, 2021 | Jennifer Wagner Chartier/ Special to IBJ

The question we have to answer is whether continuing to invest in a traditional fixed-route system with full-size buses is the way of the future, especially as new technologies come online.

Nursing home residents can get hugs again, feds say

March 11, 2021 | Associated Press

The government guidance comes as coronavirus cases and deaths among nursing home residents have plummeted in recent weeks at the same time that vaccination accelerated.

Move over, Muncie: Five Indiana cities could lose status as metro areas

March 8, 2021 | Associated Press and IBJ Staff

The federal government is proposing to downgrade 144 cities in all from the metropolitan statistical area designation, which some areas fear will affect federal funding and their ability to lure businesses and talent.

Fed’s Powell: Recovery incomplete, high inflation unlikely

February 23, 2021 | Associated Press

Federal Reserve Chair Jerome Powell’s comments were in contrast to the increasing optimism among many analysts that the economy will grow rapidly later this year. That outlook has also raised concerns, though, about a potential surge in inflation.

Autoworkers will face uncertain future in era of electric cars

February 11, 2021 | Associated Press

For workers at GM and other automakers, the future could be perilous. The more environmentally focused plants of the future will need significantly fewer workers, mainly because electric vehicles contain 30% to 40% fewer moving parts than petroleum-run vehicles.

Auto dealer financing firm in Carmel gets fast start

February 5, 2021 | Kurt Christian

A veteran of a specialty auto-industry sector called floor-plan financing has launched a lending company that promises independent car dealers funding wherever they buy vehicles.

Sitting on billions, Catholic dioceses amassed taxpayer aid

February 4, 2021 | Associated Press

Overall, the nation’s nearly 200 dioceses and other Catholic institutions received at least $3 billion. That makes the Roman Catholic Church perhaps the biggest beneficiary of the Paycheck Protection Program

Dealmaking activities have largely moved online for social distancing. Will the new habits stick?

January 29, 2021 | Susan Orr

Since the pandemic has shifted many of these interactions online, local dealmakers say they feel the loss of assessing non-verbal cues and interactions among members of a management team as they decide whether to acquire companies or invest in startups.

Jalene Hahn: Financial planner, adviser, broker? What’s in a name?

January 29, 2021 | Jalene Hahn

Most titles are for marketing purposes and are generally meaningless. Marketing pitches lead you to believe there is no distinction among different types of financial providers.

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