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Shuttle driver survives accident

October 18, 2013

An airport shuttle driver somehow managed to survive with minor injuries Thursday after he ran under the back of a stalled box truck, causing an impact that sheared off his vehicle’s roof. The accident happened near the airport on southbound Interstate 465 about 9:30 p.m. Emergency workers took about 10 minutes to extricate the shuttle driver.

Police arrest two on murder charges

October 18, 2013

Police have arrested two men in connection with the death of Indianapolis man David McMiller, 28, who was killed March 6 in front of his three children inside Lynhurst Park Apartments on the southwest side. Elijah Moore, 22, and Jordan Heath-Gentry, 18, face charges of murder and robbery. Both are being held without bond.

Coverage gap in state may leave 182,000 uninsured

October 18, 2013

A new report that 182,000 low-income residents could go without health insurance is refocusing attention on whether Indiana will win an exception to expand Medicaid using the Healthy Indiana Plan.

Eight Mattress World locations to rebrand as PureSleep

October 18, 2013

The Michigan-based owner of the Indiana mattress stores plans to take them upscale with a signature sleep-diagnostic system.

Homebuilder Estridge plans return after landing $25M

October 18, 2013

Paul Estridge Jr. says he is returning to the home-building business after securing $25 million from a private-equity firm in North Carolina. The venture’s first project will be Harmony, a 270-acre community in Westfield.

IU puts Bloomington, Indy parking privatization on hold

October 18, 2013

A university official said a 50-year lease involving the two campuses would probably bring in about $275 million. That's far less than the $483 million deal that Ohio State University got last year.

Sunrise Golf Club property set to hit the market

October 18, 2013

The sun is setting on Carmel’s Sunrise Golf Club, which is scheduled to close at the end of the month following the death of a property owner.

Transportation planning agency OKs Illiana tollway

October 18, 2013

Illinois Gov. Pat Quinn and Indiana Gov. Mike Pence have pushed hard for the 47-mile link, promising it would help speed goods by truck, reduce congestion and create thousands of jobs.

Records – Oct. 21, 2013

October 17, 2013

Records listings from the Oct. 21, 2013, issue of IBJ.

Controversial TV streamer planning to launch in Indy

October 17, 2013

A digital streaming service that television broadcasters deem so threatening they recently petitioned the U.S. Supreme Court for help plans to enter Indianapolis next year.

Indiana’s insurance exchanges are pricey

October 17, 2013

The premiums offered by health insurers participating in the Obamacare exchanges put Indiana among the 10 most-expensive states in the country, according to data released last month by the U.S. Department of Health and Human Services.

Conour gets 10-year sentence in $6.7M fraud case

October 17, 2013

Former attorney William Conour sat in a federal courtroom Thursday afternoon and listened to several of his former clients tearfully describe how he had lied to them and stolen money from their settlements. The judge imposed half of the maximum sentence.

Momentum builds for state water plan; some fear conflicts over shortages

October 17, 2013

Indiana is generally water-rich, but advocates of resource planning say the state runs the risk of supply crises that would hamper economic development.

Athenaeum shelves redevelopment of adjacent lot

October 17, 2013

Plans to redevelop a surface lot adjacent to the historic Athenaeum building have been shelved after proposals failed to meet financial expectations.

Skarbeck: Firms with high ratios could take a tumble

October 17, 2013

On occasion, it is interesting to study the stocks of businesses that are outliers on the bell curve of business valuation. For a value investor, that means looking at stocks selling at huge multiples above traditional valuation yardsticks.

Hicks: Economists don’t know why economy is ailing

October 17, 2013

The first slowdown seems to have been at least partially remedied by the Federal Reserve’s massive purchase of assets known as quantitative easing, the most recent of which was accompanied by a marked short-term improvement in the economy. That improvement seems to have run its course.

Parade of settlements continues for local securities firms

October 17, 2013

A third securities firm in the region has been slapped with sanctions by federal regulators.

People in the news – Oct. 21, 2013

October 17, 2013

People listings are free.

Tech companies building a charitable niche

October 17, 2013

An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.

Huge housing, golf development planned for Westfield

October 17, 2013

The developer who delivered high-end housing to Westfield a decade ago with The Bridgewater Club is working on plans for another upscale golf community near the city’s Grand Park Sports Complex.

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