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Articles

Fire marshal: DiRimini lacks fire walls, sprinkler system

October 22, 2010

The state's fire marshal issued an emergency order Thursday barring occupancy of the DiRimini apartment project after the developer apparently continued to move in residents in defiance of city orders.

Veolia losing water contract, will get $29M termination fee

October 28, 2010

Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.

BENNER: Misperceptions swirl around college agent issue

October 28, 2010

How many collegians accept money? The percentage could not possibly rise above the low single digits, if that.

SKARBECK: Changes on horizon for mutual fund fees

October 28, 2010

The U.S. Securities and Exchange Commission is proposing significant changes to the structure of the annual marketing or distribution fee on mutual funds known as a 12(b)-1 fee.

City seeks privatization of Velodrome

October 28, 2010

City officials are hoping that privatizing the Major Taylor Velodrome, which now is in disrepair, will breathe new life into the cycling venue built in 1982 as a key part of Indianapolis’ efforts to become a sports capital.

Voters expected to OK property-tax cap amendment

October 31, 2010

A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure’s biggest opponents have given up the fight.

Indiana voters deciding outcome of big GOP push

November 2, 2010

Indiana voters headed to the polls Tuesday amid Republican hopes for big gains in the state's congressional delegation and Legislature, but it wasn't immediately clear whether voters were turning out in the numbers the party had hoped for.

Numerous school referendums face decision time

November 2, 2010

In central Indiana, the Hamilton Southeastern and Lebanon school districts want more money to build schools or renovate existing ones, while Zionsville School Corp. is seeking additional funding for operating expenses.

School referendums voted down in several districts

November 3, 2010

Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.

SHOBERT: Pursuing China is wise move for Indiana

November 4, 2010

Last year, for the first time ever, outbound investment by Chinese business into American industry exceeded outbound investment into Chinese firms by American companies.

Pilots unhappy over airport changes in Greenwood

November 6, 2010

Pilots say they’re upset by changes since new management took over and have begun go to Shelbyville and other airports to buy fuel. Some are even considering moving their planes.

Biglari’s revised incentive package approved by shareholders

November 8, 2010

After criticizing an earlier pay proposal, 82 percent of Biglari Holdings’ shareholders approved a scaled-back bonus agreement for their CEO.

Funding biggest obstacle for proposed regional transit system

November 8, 2010

Scaled-back transit plan, which includes rail line from downtown to Noblesville and Franklin, is projected to cost $2.4 billion, with local taxpayers picking up about half the amount. Funding would need to be approved through county referendums, however.

Feds require Simon to sell outlet centers

November 11, 2010

The U.S. Federal Trade Commission said it is requiring Indianapolis-based Simon Property Group Inc., the largest U.S. mall owner, to sell outlets in a settlement related to the $2.3M purchase of Prime Outlets Acquisition Co.

Motor maker Remy plans expansion driven by electric vehicles

November 11, 2010

Motor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.

Spurned bidder: IURC program may cost consumers $65M

November 11, 2010

An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.

Expanding tax breaks could be a tough sell in Marion County

November 11, 2010

Republicans who now control the Indiana House are poised to push reforms next year that would strengthen local governments’ ability to offer businesses tax abatements. But the changes might be met with caution in Marion County.

Chicago’s experience causes other cities to redo parking deals

November 15, 2010

Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.

Drugmakers seek Republican allies to defeat cost-cutting panel

November 15, 2010

Pharmaceutical firms led by Eli Lilly are trying to eliminate a government panel aimed at controlling Medicare spending seven months after they supported the health-care overhaul that created it.

Indiana environmental activists to push bipartisan agenda

November 16, 2010

Jesse Kharbanda, executive director of the Hoosier Environmental Council, said the new Legislature will make it more challenging to sell environmental initiatives mainly because there are more than two dozen freshmen lawmakers he and others will have to court.

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