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Articles

Indiana first to require drug tests for job training

July 9, 2011

The U.S. Department of Labor says Indiana is the first state to require drug testing of people seeking job training. But at least 30 states have considered requiring drug tests for those receiving government assistance.

NOCERA: Don’t let banks win the debate over capital

July 8, 2011

A real capital cushion would have allowed the banks to absorb the losses instead of the taxpayers.

Agency: Duke customers shouldn’t pay $530M in overruns

July 8, 2011

The Indiana Office of Utility Consumer Counselor has filed a blistering rebuke of Duke Energy Corp. for the high cost of its Edwardsport coal-gasification plant and has asked regulators to deny Duke’s request to charge ratepayers $530 million for cost overruns.

BOEHM: Mayor’s touch is key to IPS improvement

July 8, 2011

We are at risk of … bad outcomes from the way we choose the top leadership of our school systems.

Senators propose immediate end to ethanol credit

July 8, 2011

Two senators from ethanol-producing states proposed Thursday to immediately end a tax credit for the corn-based fuel and agreeing to support shifting some of that money to debt reduction.

HICKS: Without real cuts, cost of borrowing will rise

July 7, 2011

What is abundantly clear is that federal spending is much higher than is currently sustainable.

Transportation museum eyes excursion trains to downtown Indy

June 30, 2011

As efforts drag on to study and fund a commuter rail system using the former Nickel Plate rail line, the group now using the 37-mile corridor to run excursion trains in Hamilton County and to the Indiana State Fair is looking at running its trains farther south—to downtown.

City mum on economics of $15M parking garage

June 30, 2011

City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a “trade secret” exempt from public disclosure.

Commission: Turn dying GM plant into vibrant neighborhood

June 24, 2011

A 10-member commission told city leaders to turn the defunct 115-acre General Motors metal stamping plant site into a hip, funky neighborhood with an eye-catching bridge across the White River for easy access to downtown.

Lilly CEO: Immigration, tax laws slow innovation

June 23, 2011

The U.S. government needs to open its borders to attract and retain talented scientists for drugmakers to employ, Eli Lilly & Co. CEO John Lechleiter plans to tell a technology conference Thursday.

NOCERA: The miraculous Glass-Steagall banking law

June 22, 2011

It was amazingly radical, not just for its time, but for any time; it didn’t so much reform banking as upend it.

$100M ‘Bridges’ project in Carmel wins approval

June 21, 2011

A proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was OK’d Monday night by the Carmel City Council after numerous concessions.

GUY: I have no predictions about the future

June 16, 2011

Those who try to predict the future do not tell us their track records, but they do ask us to buy their books.

Lender purchases Renaissance Bay in sheriff’s sale

June 16, 2011

Fort Wayne-based Star Financial Bank, which is trying to recover some of the more than $23 million it loaned for the condominium project, submitted the only bid for it on Wednesday. The bank said several potential buyers are interested in the property.

Republic pins Frontier Airlines’ fate to pilot vote on savings

June 16, 2011

Republic Airways Holdings Inc. is counting on pilots approving concessions to kick-start a $120 million restructuring plan at its Frontier Airlines unit, 20 months after buying the carrier out of bankruptcy.

Circle Idea Competition finalists selected

June 15, 2011

Posters highlighting the top 12 proposals will be on display in Monument Circle storefronts until June 26 so members of the public can vote for their favorite. The ideas could be used by planners plotting the future of the downtown space.

Positron plans $55 million cyclotron project, 80 jobs

June 10, 2011

Medical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest $55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.

VAUGHN: State protects insurers better than consumers

June 8, 2011

Instead of an effective regulatory environment, the facts suggest [Insurance Commissioner Stephen] Robertson’s rubber stamp for rate increases is getting a real workout.

City’s only hotel water park dropping Holiday Inn brand

June 7, 2011

The hotel on the northwest side of Indianapolis will become the Caribbean Cove Hotel & Water Park on June 13 after more than 30 years as a Holiday Inn.

ACOs under fire from all sides

June 6, 2011

A federal experiment of accountable care organizations produced lackluster results, adding to withering criticism of federal rules proposed for ACOs. But local hospital systems like Indiana University Health aren’t backing away from the idea.

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