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Indy-area home sales off to strong start in 2013

February 15, 2013

Home-sale agreements in the nine-county Indianapolis area spiked 17.2 percent in January compared to the same month a year earlier, suggesting last year's housing recovery continues to gain momentum.

IBJ A&E ROAD TRIP: Heading to Chicago for some ‘Big Fish’

February 15, 2013

The latest IBJ A&E road trip features a world premiere, heading-for-Broadway musical.

Jury to begin deliberating in Don Marsh trial

February 15, 2013

The panel of nine will begin closed-door discussions Friday afternoon following closing arguments from attorneys representing Marsh Supermarkets Inc. and the former CEO of the company accused of spending $3.3 million of company funds on personal expenses.

Jury finds Bateman co-defendant not guilty in $1.7M fraud

February 15, 2013

Manuel Gonzalez has been acquitted of three counts of wire fraud and three counts of money laundering in connection with a scheme that targeted an Indianapolis physician. Former City-County Councilor Paul Bateman pleaded guilty last month to participating in the scheme.

Senate bill would stop paying gambling counties

February 15, 2013

The change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that’s now being collected from gambling taxes and sent to cities, towns and counties.

Pence ‘very disappointed’ by House GOP budget plan

February 15, 2013

Gov. Mike Pence is unhappy with a two-year budget proposal from House Republicans released Friday that would replace his proposed tax cut with more funding for education and roads. Pence closed his Statehouse office Friday morning for “out of office staff meetings.”

Ballard: Don’t measure trade missions by new jobs

February 14, 2013

About to embark on his eighth trade mission since 2008, Indianapolis Mayor Greg Ballard is committed to keeping up the city’s international profile, regardless of whether that results in a major economic-development deal.

Allos Ventures raises $40 million for early-stage tech firms

February 14, 2013

Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.

Executives’ transitions to not-for-profits often awkward

February 14, 2013

Small not-for-profits’ strategy of recruiting big-business executives for top posts has had mixed results since coming into vogue in the 1990s. For some of the executives, the transitions is a culture shock.

PROXY CORNER: Bioanalytical Systems Inc.

February 14, 2013

West Lafayette-based Bioanalytical Systems Inc. is a provider of contract-research services to the pharmaceutical industry.

Records – Feb. 18, 2013

February 14, 2013

Records listings from the Feb. 18, 2013, issue of IBJ.

DINING: Divide conquers bar-food challenges with casual style

February 14, 2013

Third in a month-long series of “possessive men” restaurant reviews.

Indiana tries to close loophole that helped Durham commit fraud in Ohio

February 14, 2013

The legislature is considering a bill that would require intrastate securities offerings to file audited financials, a safeguard that caused trouble for Fair Finance investors.

Even salvage auto buyers now have an app to make purchases easier

February 14, 2013

Bids have been taken via smart-phone applications for more than a year. Now a unit of Carmel-based KAR Auction Services has introduced an app to make paying easier.

LOU’S VIEWS: Making it up for 20 years

February 14, 2013

At an awards-show parodying gala, ComedySportz celebrated two decades of spontaneous laugh-making.

Radio’s real problem

February 14, 2013

As a former radio personality (NPR and later WHAS-AM 840 in Louisville and other stations) and broadcast operations manager and intern supervisor at the University of Louisville), I continue to shake my head at Emmis and boss Jeff Smulyan’s total swivet with cell phone operators for refusing to put radio tuners on their phones or switch them on if they exist.

MAURER: One politician getting a second chance

February 14, 2013

That irrepressible Mel Reynolds is running again. Janie and I were just laughing with Rose and Bill Mays about being duped when we rallied our respective communities for an “Oreo” fundraiser on Reynolds’ behalf two decades ago.

EDITORIAL: Give Indianapolis Motor Speedway the tax break

February 14, 2013

Indianapolis Motor Speedway’s request for a special taxing district to help update the storied venue is such a slam dunk that it barely merits an editorial.

Longtime Indianapolis Motor Speedway exec departing for Austin track

February 14, 2013

Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the famed Brickyard.

United Way yet to announce CEO to replace Annala

February 14, 2013

The search for a replacement for the long-time executive, who steps down April 1, started the middle of last year.

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