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The NCAA and The Associated Press this week announced a three-year content partnership making AP the worldwide distributor of NCAA Championship photography and creating the largest collection anywhere of collegiate sports photos. Under…
U.S. retail sales jumped 1 percent in January, reversing a six-month declining trend and defying economists’ expectations by posting the biggest increase in 14 months. The Commerce Department says January retail sales rose a percent from December after having fallen for six straight months. Wall Street economists surveyed by Thomson Reuters had expected January sales […]
The number of people requesting first-time unemployment benefits dropped slightly last week, but remained near a 26-year high as companies laid off thousands of workers amid a deepening recession. The Commerce Department said today that the number of initial jobless benefit claims dropped to a seasonally-adjusted 623,000, from an upwardly revised figure of 631,000 the […]
The Justice Department will investigate the proposed merger of ticketing giant Ticketmaster Entertainment Inc. with Live Nation Inc. to see if it would create an unfair monopoly in the ticket-selling business. Federal antitrust lawyers are “committed to vigorous enforcement of the merger antitrust laws and will conduct a thorough investigation,” Justice Department spokeswoman Gina Talamona […]
Legislation would eliminate township government Lawmakers are considering a bill that would eliminate township government in Indiana and shift duties such as poor relief to the county level. Dozens of township officials packed the Senate chambers yesterday to tout some of the services they provide: helping the needy pay their bills, maintaining cemeteries and handling […]
Several parents made a pitch yesterday for a proposed state law that would prohibit traditional public schools in Indiana from starting their academic year earlier than late August. Parents from schools that started this school year as early as Aug. 11 said earlier start dates that many schools have turned to mean higher building cooling […]
Just when it looked like the Indianapolis Colts were moving their pre-season training camp from Terre Haute to Anderson, things have taken a wild turn.
First, Anderson Mayor Kris Ockomon released the following statement…
“Smoking ban light.” That’s how Democratic state Rep. Charlie Brown of Gary described his bill to ban smoking in public places in Indiana after a House committee today carved out exemptions for casinos, some bars and certain hotels. “Very, very light, and I don’t like it,” Brown said after his amended bill cleared the Democrat-controlled […]
Seven attorneys are leaving Indianapolis firm Bingham McHale to form a new insurance litigation firm, a move that one of the departing partners said came as a result of the large firm’s practice group effectively pricing itself out of the market. Those involved describing it as an amicable split that boils down to those attorneys […]
Mayor Greg Ballard announced yesterday the creation of a city office that will combine civil licensing and permitting functions into one entity. The Office of Code Enforcement is part of an effort to make Indianapolis safer and more livable by better enforcing environmental and other quality-of-life-related laws, the mayor said. “From the outset, I’ve been […]
Got a little time? And some interest in the future of the arts in Indianapolis?
Sit back and watch IBJ’s arts funding roundtable. Your thoughts, of course, are most welcome.
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California’s Anthem Blue Cross, a subsidiary of Indianapolis-based WellPoint Inc., will pay a $1 million fine and an estimated $14 million in reimbursements for medical expenses paid out of pocket by 2,330 people dropped by the insurer. The California Department of Insurance is set to announce the deal today, according to the Los Angeles Times. […]
The recession is catching up with the Indianapolis Symphony Orchestra, which yesterday announced it was laying off eight people, or 10 percent of its non-musician work force. The layoffs are part of a scramble to shave about $600,000, or 2 percent, from the ISO’s $29.5 annual budget. “We will combat these economic challenges by operating […]
Southbound Interstate 65 from I-465 to Southport Road could remain closed until midafternoon as crews clean up after an overturned tanker leaked fuel. The tanker ran off the road this morning about 5:30 a.m. at I-65 South’s 104 mile marker. No one was injured. Authorities are still investigating the cause.
The Indiana House Committee on Public Policy is expected to vote today on legislation that could ban smoking inside public places. According to an American Cancer Society poll, 64 percent of Hoosiers support a law to prohibit smoking in enclosed public areas. But groups representing Indiana’s casinos and taverns oppose the measure. They say a […]
The Indianapolis Colts are moving their training camp from Terre Haute to Anderson, according to officials of the city of Anderson and Anderson University. It’s just a matter of working out the logistics, they said. Colts officials declined to comment. Read more about it in The Score, IBJ’s sports business blog.
The Indianapolis Colts are moving their training camp from Terre Haute to Anderson. At least according to officials for the city of Anderson and at Anderson University. It’s just a matter of working…
Evansville-based Mead Johnson Nutrition, the world’s largest maker of baby formula, raised $720 million in the first U.S. initial public offering since November. The company, a unit of New York-based Bristol-Myers Squibb Co., began trading on the New York Stock Exchange this morning under the ticker symbol “MJN,” with shares opening at $26. Mead Johnson […]
California’s Anthem Blue Cross, a subsidiary of Indianapolis-based WellPoint Inc., will pay a $1 million fine and an estimated $14 million in reimbursements for medical expenses paid out of pocket by 2,330 people dropped by the insurer. The California Department of Insurance is set to announce the deal today, according to the Los Angeles Times. […]
The U.S. trade deficit fell to the lowest level in nearly six years in December as the recession depressed demand for imports. The trade deficit in 2008 fell for a second straight year, and economists expect an even bigger decline this year. The Commerce Department said today that the deficit in December fell 4 percent, […]
