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Articles

White River Capital negotiating new terms for its First Chicago Bancorp merger

April 20, 2009

In a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it’s postponed its merger with First Chicago Bancorp, and now is negotiating new terms.

Competing interests to collide in final days of session

April 20, 2009

The two principal matters that all agree must be resolved are the biennial budget and a plan to return the Unemployment Insurance Trust Fund to solvency.

General Assembly is shame of Indiana

April 20, 2009

When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.

Exports rise despite recession

April 20, 2009

Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.

Simon family’s interests helped city thrive, but taxpayers paid the price

April 20, 2009

The Simon family’s role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.

CIB’s deficit is a state problem, not a local one

April 20, 2009

Casting the CIB’s deficit as an Indianapolis problem is simplistic and inaccurate because it overlooks the millions of dollars in state tax revenue generated by those venues and an endless list of vendors that do business with them.

SPECIAL REPORT: Simon says, city does-WEB ONLY

April 18, 2009

Layoffs could put Simon in violation of HQ incentive agreement. Noblesville put up big bucks to spur Hamilton Town Center development. It’s hard to imagine Indianapolis without the Simon family. The mall owner Simon Property Group Inc. is one of the city’s most prominent corporate citizens, the company-developed Circle Centre mall acts as downtown’s heart, […]

Fairland revives council-WEB ONLY

April 18, 2009

To its 19th century founders, the town of Fairland must have appeared poised to become a booming metropolis. The Cincinnati-St. Louis rail line ran diagonally through the center of town, laid out in a perfect rectangle. And, title researcher Rick Daily was amused to find, the original maps show street rights-of-way that are 66 feet […]

Exports rise despite recession-WEB ONLY

April 18, 2009

Indiana exports eked out a gain in 2008 despite the imploding world economy-rising 2 percent to $26.5 billion, according to preliminary data from the U.S. Department of Commerce. All things considered, “exports held up pretty well last year. The last 60 days of the year is really the first time we saw deterioration on the […]

EYE ON THE PIE: General Assembly is shame of Indiana

April 18, 2009

Most of the 150 men and women who sit in the Indiana General Assembly are fine people. This column, however, is too short to detail how they become a collective disgrace. They continue to vote along strict party lines. Virtually every Democrat and Republican is in lock step with the caucus leadership. Even their Web […]

NFL schedule not kind to Lucas Oil

April 17, 2009

At first glance the Indianapolis Colts schedule looks pretty good for all concerned. Forrest Lucas, founder of the oil company that put its name on the Colts one-year-old stadium, called the team’s 2009…

Oval Vodka joins Indy Light Series

April 16, 2009

Officials for Oval Vodka, producer and importer of the new super-premium vodka from Austria, announced today that they will be participating in the Indy Light Series with Alliance Motorsports, in a one-year sponsorship…

IUPUI seeks home games at Conseco Fieldhouse-WEB ONLY

April 16, 2009

IUPUI officials are negotiating with the Indiana Pacers to play home basketball games at the nearby 18,000-seat Conseco Fieldhouse. The Jaguars normally play home games at their 1,200-seat campus gymnasium, and coach Ron Hunter said the program “will not be able to move forward any further unless we get a new facility.” The Summit League […]

Internet marketing software city?

April 16, 2009

Indianapolis is known for hosting big races and other sports events, but the leader of an obscure niche called Internet marketing software?

Chris Baggott, who runs one of the companies developing the software, Compendium Blogware, says Indianapolis actually has emerged as…

Review: ‘Most Happy Fella”

April 16, 2009

I’ll admit that expectations played a big part in my experience of Indiana University Opera’s production of Frank Loesser’s “The Most Happy Fella” (running through April 18).

Many, many listens to the cast recording of the original 1956 original—plus a…

CIB rescue bill moves ahead, awaits more debate-WEB ONLY

April 16, 2009

A Statehouse proposal that would allow Indianapolis to raise local taxes to save its cash-strapped stadium agency cleared the Indiana Senate yesterday as the debate over who should pay for the bailout continued. The Senate voted 33-17 for a proposal to fund the Indianapolis Capital Improvement Board, which expects to be $47 million short in […]

Senate OKs funding plan for CIB-WEB ONLY

April 15, 2009

A Statehouse proposal that would allow Indianapolis officials to raise a handful of local taxes to save its cash-strapped stadium agency has cleared the Indiana Senate. The Senate voted 33-17 today for a proposal to fund the Indianapolis Capital Improvement Board, which expects to be $47 million short in its operation of the city’s professional […]

50 speakers highlight U.S.-China biz conference-WEB ONLY

April 15, 2009

More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicked off today in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]

State CIB plan changed to mirror Ballard’s-WEB ONLY

April 15, 2009

Alcohol taxes would double only in Marion County – not the whole state – under a plan advanced by the Indiana Senate yesterday. The Senate made several changes to a bill aimed at rescuing the Indianapolis Capital Improvement Board, which expects to be $47 million short in its operation of the city’s professional sports stadiums […]

Fifty speakers highlight U.S.-China biz event-WEB ONLY

April 14, 2009

More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicks off tomorrow in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]

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