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Articles
HHGregg’s profit, sales rise
HHGregg’s profit and revenue both increased in its fiscal third quarter, despite a slight dip in same-store
sales. The opening of 19 stores helped offset the decrease.Forty Under 40: Recipients
Current and past recipients of IBJ‘s annual Forty Under 40 recognition.
Daniels revives push to merge PERF, TRF pension funds
Gov. Mitch Daniels wants legislators to revive a merger of the Indiana Public Employees Retirement Fund and the Indiana
State Teachers Retirement Fund. He says the move could save up to $50 million a year in fees.Federal high-speed rail grants exclude big Indiana proposal
A proposed high-speed commuter rail line that would run through northern Indiana was left out of federal stimulus
grants announced this week.Duke Realty reports loss, says outlook remains ‘challenging’
Locally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed
to beat Wall Street expectations.Fast-growing Ivy Tech feeling pain of funding cuts
Hoosiers enrolling at fast-growing Ivy Tech Community College might find it increasingly difficult to get the classes they
want at the times they prefer. Blame burgeoning enrollment and $10 million in funding cuts.Indiana GOP wants to block federal health reform mandates
Republicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform
from taking effect in Indiana.EnerDel hopes to hire 1,100 at new manufacturing plant
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
EnerDel expected to announce new manufacturing plant
Lithium battery-maker had requested a Hancock County zoning exemption to establish a manufacturing operation in the Mount
Comfort business park.State Republicans try to block health reform mandates
Joint resolutions in the state Legislature seek to amend the state constitution to block enforcement of provisions in the
federal bills that would require individuals to buy insurance and all but the smallest employers to help pay for it.Also this week:
Indianapolis Symphony Orchestra presents Tchaikovsky’s Violin Concerto with guest soloist Vadim
Gluzman, Jan. 7-9 at Hilbert Circle Theatre. Details here.Indianapolis Museum of Art presents the Marlene Dietrich
film “The Blue Angel” (1931), Jan. 8. Details here.The Danny Thompson Trio, Mandy Marie and
the Cool Hand Lukes, and Harley Poe present “Elvis’ Birthday Bash,” Jan. 8 at Locals Only.
Details here.No Holds Bard presents “Richard III,”
Jan. 8-24 at the Indy Fringe Building. Details here.Storytelling Arts presents Bill Harley. Family show, “My
Brother, My Sister and Other Problems,” Jan. 8, and “Life is Not a Board Game,” Jan. 9, at the
Indiana History Center. Details here.Storytelling Arts presents “Jabberwocky,”
Jan. 12, featuring the Indianapolis Star’s Dennis Ryerson, Shari Finnell of “Indianapolis Woman,” David
Zivan of “Indianapolis Monthly,” and yours truly sharing stories of writer’s block. Indy Fringe Building.
Details here.Hancock County to consider battery plant proposal
Hancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park
near Indianapolis.Fair Finance’s past gave investors, regulators false comfort
The Akron company had been meeting its obligations for decades before Tim Durham acquired it seven years ago.
Daniels: Education funding cuts needed to stay in black
Gov. Mitch Daniels said Tuesday he will cut state spending on public schools by at least $300 million given a new revenue
forecast.Still hoping to sell securities, Fair Finance seeks extension
Tim Durham’s Fair Finance Co. says it needs another 30 days to provide Ohio regulators with a mountain of documents
they requested relating to insider loans and other issues.Indianapolis Colts, the team L.A. didn’t want
In some strange way, Indianapolis may have Raiders owner Al Davis to thank for having the winningest team this decade.
Some people still ask why L.A. didn’t lasso the Colts when it had the chance.Indy Racing League considers radical wingless chassis formula
For the first time in almost five decades a wingless race car may be returning to the Indianapolis Motor Speedway as the Indy
Racing League seriously ponders bold, new changes to its chassis formula for 2012.Indy Racing League considering radical wingless chassis
For the first time in nearly five decades, a wingless car could circle the famed Indianapolis Motor Speedway. The Indy Racing League is studying a radical new chassis design for 2012.