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Temperature swings tough on roads

January 31, 2013

Big changes in temperature took a toll on central Indiana roads and streets this month. January has featured highs in the 60s and lows in the low single digits. There have been at least 13 days when the high was above the freezing mark and the low was below it. Final tallies for January aren’t in, but as of mid-month, Indianapolis had received 92 pothole service orders and repaired 110 holes.

Two teens arrested for armed robbery

January 31, 2013

Two have been arrested in connection with the Saturday armed robbery of the Little Caesars Pizza in Avon. Rameil Pitamber, a 17-year-old Ben Davis High School student, was charged as an adult with armed robbery, theft and four counts of criminal confinement with a deadly weapon. Police determined that Derrek Berryhill, an 18-year-old employee of the restaurant, provided information to Pitamber about the restaurant and the employees that would be working there at the time of the robbery. Berryhill was charged with one count of conspiracy to commit armed robbery and one count of conspiracy to commit theft.

New Indy soccer team tops 1,500 season tickets

January 31, 2013

Organizers of the team say they’ve received deposits for 1,500 season tickets just two weeks after local developer Ersal Ozdemir unveiled his plans to launch the minor league squad.

Zimmer’s earnings slip, but beat expectations

January 31, 2013

Fourth-quarter profit fell 2 percent at Zimmer Holdings Inc. due to large accounting charges, but still beat the estimates of Wall Street analysts.

Dow Agro enjoys double-digit profit growth

January 31, 2013

Earnings rose 7.6 percent during the fourth quarter at Indianapolis-based Dow AgroSciences LLC as overall sales shot up 17 percent.

Baldwin & Lyons reports lower quarterly, annual profit

January 31, 2013

The Indianapolis-based transportation industry insurer attributed the lower earnings to smaller investment gains. Excluding investments, quarterly profit increased due to fewer storm losses.

HHGregg profit falls on sinking same-store sales

January 31, 2013

The Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping demand for televisions caused same-store sales to drop.

Zimmer predicts it will pick up steam this year

January 31, 2013

The Warsaw-based maker of orthopedic implants posted flat revenue and modest profit growth in 2012, but it expects revenues to grow this year by 2.5 percent to 4.5 percent.

Duke Realty earnings, revenue see quarterly decrease

January 31, 2013

Indianapolis-based Duke Realty Corp. on Wednesday reported a fourth-quarter loss of $22.5 million, a sharp decline from the $60.2 million it made in the same quarter of 2011.

Former Venture employee turns on Bales during testimony

January 31, 2013

An FBI investigation into Venture Real Estate Services and principals John Bales and Bill Spencer had already begun when Matthew Dyer signed on as the company's controller in December 2009. Bales told him the company had done nothing illegal, Dyer testified Wednesday.

Developer plans mixed-use project for Broad Ripple

January 31, 2013

A local developer plans to construct a three-story building with first-floor retail and two floors of office space north of Broad Ripple Avenue sandwiched between Winthrop Avenue and the Monon Trail.

THOMPSON: IEDC strives to balance public access, confidentiality

January 30, 2013

In just more than eight years, Indiana has become a national role model for economic development as other states have enacted similar business-friendly policies, practiced fiscal discipline, and replicated the IEDC organizational structure. Our state’s emergence as an economic development leader is no accident, as the General Assembly partnered with us throughout this time to build this job-attracting machine.

Pence names Indiana judge as child services chief

January 30, 2013

Gov. Mike Pence turned to the top judge of one toughest juvenile court systems in the state to lead the troubled Indiana Department of Child Services, naming Lake County's Mary Beth Bonaventura to direct the agency Wednesday.

DELPH: Job creation incentives demand more transparency

January 30, 2013

Recently, Gov. Mike Pence announced his plan to launch a new “transparency portal” to allow open tracking of the Indiana Economic Development Corp.’s tax credits and the jobs created by those incentives. For some time, I have had my own concerns about how much return taxpayers are getting for their public investment in Indiana’s economy.

SOWELL: Liberal concern actually hurts blacks

January 30, 2013

There is no question that liberals do an impressive job of expressing concern for blacks. But do the intentions expressed in their words match the actual consequences of their deeds?

BROOKS: Straining to balance merit, compassion

January 30, 2013

One of the features of the Obama years is that we get to witness an enormous race between meritocracy and government. On the one side, meritocracy widens inequality. On the other side, there is President Barack Obama’s team of progressives, who are trying to mitigate inequality. The big question is: Which side is winning?

HOWEY: Nothing simple about Obama and Indiana

January 30, 2013

When it comes to President Barack Obama and Hoosiers, well, it’s complicated.

TAFT: Indy arrives at new set of crossroads

January 30, 2013

Several recent zoning battles have revealed an opposition to change in many Indy neighborhoods that could sabotage the changes that are necessary if Indianapolis is to compete with other metro areas and even its own suburbs in coming decades.

GM moving 80 jobs from Castleton to Michigan

January 30, 2013

General Motors on Wednesday said it plans to move 80 jobs from Indianapolis to Pontiac, Mich., as part of a plan to expand its engine and transmission development headquarters.

VANE: Pence will meet huge expectations

January 30, 2013

While I freely admit that my political memory and experience do not equal that of many of the folks on these pages, I am quite sure the following statement rings true: No governor in modern Indiana history is laboring under more expectations than Mike Pence.

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