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City officials mull income tax hike to add police officers
Facing pressure to boost the police force and avoid further cuts in city services, Indianapolis leaders head into the next budget season with open minds about a tax increase.
SAXTON: Hospitals launch into downward spiral
The recent cutbacks sweeping central Indiana hospital systems are part of a larger epidemic affecting the entire U.S. health care system.
RACE: The public house and our changing cities
The long-standing tradition for pubs and inns dates back to the Romans. Wales, England and Ireland have been perfecting the pub for centuries.
RUSTHOVEN: The fish in this barrel reek
It’s nice when a fellow Hoosier hits the big time. Latest is Princeton’s Sydney Leathers, who exposed Anthony Weiner, ex-congressman and now New York City mayoral candidate, for continuing the “sexting” behavior that forced his House resignation.
Delta Faucet builds innovation machine in Carmel
One of Indiana’s most innovative companies in the past decade doesn’t make surgical instruments or drugs or engines. It makes water faucets and toilets. Delta Faucet Co. has secured 589 patents in the past 20 years.
New retail downtown sitting idle
A flood of downtown apartments coming on the market is leasing up quickly, but much of the attached retail space continues to languish as some begin to wonder whether the residential boom will create enough retail demand.
Life sciences venture capital dips again
Venture capital surged in the first half of 2012, to $51.6 million in Indiana. But the pace of activity here fell off sharply in the second half of last year, and remained sluggish into 2013.
MAURER: Good jobs build civic pride
Businesses across a broad spectrum are adversely affected when a headquarters is lost. Our firms suffer when goods and services are no longer purchased locally. The mediocre occupancy rate in downtown office space is a direct result of vanishing downtown headquarters.
CNO Financial gung-ho on share buybacks
The Carmel-based financial services company said that, during the second quarter, it repurchased $59.4 million of its securities, including 4.4 million common shares for $50 million.
EDITORIAL: Better transit for better achievement
A landmark Harvard University study on income mobility released late last month brought uncomfortable news for those who have come to view Indianapolis as a diamond in the Rustbelt rough. Unigov, downtown revitalization, amateur and professional sports, a stable economy—none of it apparently has done enough to help the poor.
BENNER: Extraordinary Pete Dye course moves into spotlight
Sitting atop a 1,000-foot hill overlooking the town and offering vistas of 30 miles, the Dye course is a breathtaking emerald gem, the result of both the incredible topography and the mad genius of Indiana’s own Mr. Dye.
New front opens in family battle over Mel Simon fortune
Bren Simon is pushing hard for a distribution from the estate now, citing as precedent an Indiana Court of Appeals ruling in another case that “as a matter of policy, beneficiaries should not be starved of distributions to which they are undisputably entitled.”
Private equity group may bid on Republic subsidiary
Spirit Airlines Inc.’s largest investor, private-equity firm Indigo Partners LLC, is preparing to sell its stake in the discount carrier in what could be preparation to make a bid for Frontier Airlines, a Cowen & Co. analyst said Wednesday.
Lacy leadership initiatives to combine under one roof
Leadership Indianapolis will combine the Stanley K. Lacy Executive Leadership Series and the programs of the Lacy Leadership Association, and then expand their common mission to be more proactive.
Fate of Indiana school grading system uncertain
The American Federation of Teachers says Indiana should immediately suspend its A-F school grading system because of emails showing former schools chief Tony Bennett changed the grading formula to benefit a top GOP donor's school.
Firefighters battle garage blazes
Indianapolis firefighters fought two garage fires Thursday morning for about 30 minutes at neighboring houses in the 1000 block of North Exeter Avenue near West 10th Street and Crawfordsville Road. Damages were estimated at $15,000 for one garage and $5,000 for the other. No injuries were reported.
Fair rides, pigs inspected
State safety officials have been inspecting animals and amusement rides this week at the Indiana State Fairgrounds prior to the fair’s Friday opening. Veterinarians from the Indiana State Board of Animal Health began checking show pigs Wednesday for signs of illnesses that could be spread to animals or people. Agents with the Fire and Building Safety Division of the Indiana State Department of Homeland Security went from ride to ride on the Midway on Thursday morning, checking for structural and electrical defects.
Wrong-way crash injures three
Three people were injured Wednesday night in Boone County in a three-vehicle crash involving a wrong-way driver on Interstate 65. A 2003 silver Grand Prix traveling north in the southbound lanes at about 11 p.m. rammed an Indianapolis Airport taxi heading south. A man and woman from Brownsburg in the Grand Prix were taken to a hospital with unknown injuries. The taxi driver was hospitalized with lower extremity and internal injuries. A vehicle following the taxi suffered minor damage.
Anderson Speedway fights bill for overdue taxes
Madison County officials say the company that owns the race track owes $125,000 in overdue property taxes. The Speedway believes it has been charged too much.