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Analyst cuts Cummins rating, citing rise in shares

January 11, 2013

Analyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.

Ritz plans inaugural events

January 11, 2013

Incoming Superintendent of Public Instruction Glenda Ritz announced Thursday that her inauguration will take place Jan. 19 at the Indiana Statehouse, three days after Mike Pence is sworn in as governor. The Ritz inaugural event will feature choirs from Brownsburg and Broad Ripple high schools. Former First Lady Judy O'Bannon and Emmis Broadcasting CEO Jeff Smulyan are scheduled to attend.
 

Woman rescued from flood waters

January 11, 2013

Emergency crews rescued a woman from her sport-utility vehicle Friday morning after it stalled in flood waters rising from a nearby creek at a Pike Township apartment complex. The woman called 911 before 8 a.m. and said the water on the road in the Woods at Eagle Creek, near 59th Street and Moller Road, was waist high. Firefighters, secured by safety ropes, led the woman to safety.
 

Police investigate shooting death

January 11, 2013

Indianapolis police are investigating a shooting death on the city’s far-east side. The body of a man was found Friday about 7:30 a.m. outside the New Beginnings Learning Center in the 3500 block of Roseway Drive, near 38th Street and Franklin Road. Police don’t believe there is a connection between the daycare center and the death.
 

Developer settles suit with Hudson condo residents

January 11, 2013

The complaint alleged that Hudson residents in 2011 began noticing cracks in the first-floor walls and ceiling of the downtown condominium, in addition to noticing a slope in the floor.

Widow of Holiday World’s president gains park control

January 11, 2013

A judge has placed control of a southern Indiana theme park in the hands of the widow of the park's late president.

Hurco reports increase in quarterly, annual profit

January 11, 2013

The Indianapolis-based maker of computer-controlled machining tools attributed much of the increase to higher demand for its products in North America and Europe.

Downtown Arvey store reopens under new ownership

January 11, 2013

Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey’s previous parent company bought the name and has reopened five stores nationwide.

Lilly competitor gets backing on diabetes drug

January 11, 2013

Johnson & Johnson, the world’s largest seller of health-care products, won the backing of U.S. advisers for a diabetes pill the company is seeking to make the first in a new family of drugs for managing blood sugar.

Pence inaugural events to draw thousands of people

January 11, 2013

Thousands of people are expected during two days of public events leading up to the inauguration of Republican Mike Pence as Indiana's 50th governor.

Lawmaker seeks limit on Indiana specialty plates

January 11, 2013

A Republican state lawmaker is reviving the debate over specialty license plates one year after the Indiana Bureau of Motor Vehicles suspended a gay youth group's plates.

David Harris: Evaluating students and teachers

David Harris: Taking stock of IPS reform strategy

Leading Questions: David Harris

MORRIS: To trim debt, hike taxes and cut … ?

January 10, 2013

As Brent Musburger said when he spotted Miss Alabama in the crowd at the BCS National Championship game— “Whoa!”

EDITORIAL: City government’s good vibrations

January 10, 2013

The Indianapolis budget accord announced Jan. 7 by Mayor Greg Ballard and City-County Council leaders is worth at least some polite applause.

Group aims to create nation’s largest rugby complex

January 10, 2013

A long-vacant drive-in theater just east of Fountain Square soon could be home to the nation’s largest rugby facility. The Indiana Youth Rugby Foundation has raised $1.2 million for the ambitious project and is seeking another $500,000 to break ground this spring.

Records – Jan. 14, 2013

January 10, 2013

Records listings from the Jan. 14, 2013, issue of IBJ.

ALTOM: Being present at work doesn’t have to mean being there

January 10, 2013

Employers have to contend with a new generation of workers who expect to work from home at least part of the time, and entirely from home when feasible.

DINING: Split opinions on new alley eatery

January 10, 2013

First in a month-long look at Clearwater-area restaurants.

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