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2010 NEWSMAKER: Lubbers changes higher-ed funding

Higher education Commissioner Teresa Lubbers ushered in a new era in higher education financing this year. But she’ll need to persuade the General Assembly to stick with it in 2011.

Arts groups prepare fundraising campaigns

This year, five organizations announced or began preparing for the launch of major campaigns. The targets ranged from $12.5 million for Heartland Truly Moving Pictures to $100 million for the Indianapolis Symphony Orchestra.

2010 NEWSMAKER: Butler’s Stevens scored along with team

In April, Butler University men’s basketball coach Brad Stevens coached the Bulldogs to the NCAA Final Four, where Butler lost to heavy favorite Duke University by two points in the championship game at Lucas Oil Stadium.

Smulyan fails to take Emmis private

Jeff Smulyan in 2010 tried for the second time in four years to take Emmis Communications Corp. private, only to see a group of dissident investors band together to block the deal at the 11th hour.

Brizzi controversy colors prosecutor’s race

Two-term Marion County Prosecutor Carl Brizzi drew attention for a series of questionable business deals with a local defense attorney and for his friendship and business ties to financier Tim Durham, who is under federal criminal investigation.

Simon loses battle for General Growth

Just as shoppers began spending more cash at Simon Property Group Inc. malls, the Indianapolis real estate giant tried to open its own wallet for three huge deals—to mixed results.

Eli Lilly puts faith in drug pipeline

Eli Lilly and Co. started to tip over its massive “patent cliff” this year, yet announced little publicly that will significantly soften its inevitable sales plunge.

Scandal rocks IURC, Duke

An ethics scandal at the Indiana Utility Regulatory Commission brought down its chairman along with two top Duke Energy executives and an IURC law judge-turned Duke employee who was at the center of the mess.

Bayh throws Democrats into a tizzy

The political world trembled on Feb. 15, when Indiana’s Democratic U.S. senator, Evan Bayh, announced he would not seek a third term.

Ballard to raise millions through utility, meter deals

In the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s parking meters to a private operator.

Pacers, city negotiate $33M deal

The Indiana Pacers will stay put in Conseco Fieldhouse at least through 2012, thanks to a three-year deal approved July 16 by the city’s Capital Improvement Board.

2010 NEWSMAKER: Lucas lands Hilbert mansion

Lucas Oil Products Inc. owners Forrest and Charlotte Lucas in October purchased the 25,000-square-foot Carmel mansion built by Conseco Inc. co-founder Stephen Hilbert.

Battle breaks out over Mel Simon fortune

A long-simmering Simon family feud went public as members of one of the city’s most prominent families battled in a Hamilton County courtroom over the $2 billion estate of mall magnate Melvin Simon.

WellPoint helps usher in health care reform

President Obama revived the health care reform bill by seizing on news of sharp premium hikes on individual customers by Indianapolis-based WellPoint Inc.