Competing interests to collide in final days of session
The two principal matters that all agree must be resolved are the biennial budget and a plan to return the Unemployment Insurance Trust Fund to solvency.
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Articles
Simon family’s interests helped city thrive, but taxpayers paid the price
The Simon family’s role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.Obama’s reforms could bite Lilly
When it comes to health care reform, Eli Lilly and Co. has its derriere exposed more than its drugmaker peers.
SPECIAL REPORT: Simon says, city does-WEB ONLY
Layoffs could put Simon in violation of HQ incentive agreement. Noblesville put up big bucks to spur Hamilton Town Center development. It’s hard to imagine Indianapolis without the Simon family. The mall owner Simon Property Group Inc. is one of the city’s most prominent corporate citizens, the company-developed Circle Centre mall acts as downtown’s heart, […]
Lauth’s future in question-WEB ONLY
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a major equity partner-developments that raise doubts about whether the locally based company can survive the recession. The firm started 2008 with about 450 employees but after several rounds of layoffs, it now […]
Arts Council chief leaving for new career-WEB ONLY
Arts Council of Indianapolis CEO Greg Charleston is leaving the organization after 15 years, the group announced yesterday. His July 1 departure comes as the Arts Council faces drastically reduced funding from the city of Indianapolis, and possibly from the Indiana Arts Commission. “While it is difficult to leave such a great organization and wonderful […]
Colts, Pacers invited to CIB roundtable-WEB ONLY
The Municipal Corporations Committee of the City-County Council will hold a special meeting today to discuss funding problems and possible solutions for the Capital Improvement Board. The committee has invited the Indianapolis Colts and the Indiana Pacers to engage in an open discussion of the CIB’s recent financial problems. The public meeting begins at 6 […]
Midwest states seek high-speed rail funds-WEB ONLY
Eight Midwestern states, including Indiana, hope to secure federal stimulus money for a network of faster passenger trains with Chicago as its hub – joining forces to boost their chances of getting a cut of $8 billion set aside for high-speed rail. The governors, including Illinois Gov. Pat Quinn, said yesterday they have sent a […]
Half of state’s schools fail progress report-WEB ONLY
Only half of Indiana’s public schools met federal rules for “adequate yearly progress” this year, down from 54 percent a year ago – when the standards for success were lower, the Indiana Department of Education announced today. About 83 percent of school corporations met the standard, which comes from the No Child Left Behind Act […]
Half of state’s schools fail progress report-WEB ONLY
Only half of Indiana’s public schools met federal rules for “adequate yearly progress” this year, down from 54 percent a year ago – when the standards for success were lower, the Indiana Department of Education announced today. About 83 percent of school corporations met the standard, which comes from the No Child Left Behind Act […]
Could health reform bite Lilly harder than most?-WEB ONLY
When it comes to health care reform, Eli Lilly and Co. has its derriere exposed more than its drugmaker peers. That’s according to a recent report by Jason Napodano, a senior pharmaceutical analyst at Zack’s Equity Research. In an April 9 report, he examined potential negatives in President Barack Obama’s health care reform outline. While […]
Senate budget proposal may be short-lived-WEB ONLY
The Indiana Senate has approved a budget that would rely on federal economic stimulus money to boost school spending, but a top senator says the funding increase might be short lived. A new state revenue forecast expected Friday will give lawmakers a better idea of how much the state can spend over the next two […]
Mayor set to outline his CIB proposal-WEB ONLY
Mayor Greg Ballard will announce his proposals to resolve the Capital Improvement Board’s financial problems at its monthly meeting this afternoon. The mayor will endorse some of the solutions favored by state legislators as well as introduce his own recommendations, Robert Vane, spokesman for the mayor, told IBJ this morning. Senate Appropriations Chairman Luke Kenley […]
Life sciences stand to gain from stimulus spending
Indiana and Purdue universities are well-positioned to take advantage of the $11.5 billion available for life sciences and
biotech research from the federal stimulus package.Detroit reminds us not to squander what we have
My prevailing thoughts upon returning from Detroit were how fortunate Indianapolis is when it comes to hosting these kinds of events, and how a thriving downtown is essential to (A) success of the region and (B) national perception.
CIB rescue plan counts on new hotel being big success
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
Startup Carbon Motors could create 1,500 jobs
Hoosier economic development officials are working to attract police-car maker Carbon Motors to Connersville.
Anthem gift will sponsor resource guide for seniors
Thanks to a $45,390 grant from Anthem Blue Cross and Blue Shield,
the Central Indiana Council on Aging will offer seniors more information and support via its Web site.Feature filmmakers ready for local shoot
A feature film—written, produced and financed by a locally based production company—is gearing up to roll cameras at numerous locations downtown.