FEBRUARY 20-26, 2012
This week, see why the Indianapolis Symphony Orchestra's search for a CEO may be difficult and read about how the Indiana Department of Transportation is stepping up efforts to hold drivers responsible for damage they cause. In Behind the News, Greg Andrews takes a look at transcripts of indicted financier Tim Durham's phone conversations. And in A&E, Lou Harry shares his thoughts on "Godspell."
Front PageBack to Top
City aims to erase surface parking for developments
Several downtown surface parking lots are targeted for redevelopment, with a couple already well on their way to being filled with a mixture of commercial and residential projects.
Read MoreIvy Tech absorbs avalanche of new students
For the past four years, Ivy Tech Community College has soaked up 60,000 extra students displaced by the recession even though the funding for new staff and facilities has not kept pace. But now Ivy Tech President Tom Snyder says the sponge is waterlogged.
Read MoreIDEM: I-69 construction affecting streams
The Indiana Department of Transportation and a contractor on the Interstate 69 project downstate have been cited for more than a dozen deficiencies in preventing erosion and the flow of sediment into streams.
Read MoreTop StoriesBack to Top
Symphony challenges complicate CEO search
Indianapolis Symphony Orchestra trustees are seeking a new leader who can help reverse three consecutive years of seven-figure budget deficits, raise $100 million to replenish its endowment and motivate staff working for reduced pay.
Read MoreState to motorists: You break it, you buy it
Crash into a guardrail and chances are now higher that your insurer—or you—will get a repair bill from the Indiana Department of Transportation. INDOT has deployed a new way of tracking damage to state property at crash scenes and quickly collecting money from those responsible.
Read MoreTalks start on developing ‘airport city’ to boost region
The Indianapolis Airport Authority is moving ahead with plans to build an “airport city” centered on its property, but not without buy-in from the surrounding communities.
Read MoreWiretaps suggest Durham tried to sugarcoat Fair’s woes
Transcripts of phone conversations capture Fair Finance CEO Tim Durham discussing ways to recast company financials to mitigate Ohio securities regulators’ concerns about massive insider loans.
Read MoreNuts-and-bolts distributor’s sale leaves suppliers empty-handed
The purchaser, The Whitesell Group of Companies, bought the assets but not the liabilities, including $5 million owed to various unsecured creditors.
Read MoreAmeriplex development OK’d after ‘soap opera’ meeting
Over objections from Mayor Greg Ballard, the Indianapolis Airport Authority and Indy Park Ride & Fly, the city’s Metropolitan Development Commission gave the green light to a 31-acre, 3,700-spot parking lot in the Ameriplex development on the city’s west side.
Read MoreFocusBack to Top
Abandoned gas stations both vex, brim with promise
The trick is to determine in advance just how expensive and lengthy that cleanup might be.
Read MoreTax credits spur city apartment construction
Increase in federal funding helps developers finance projects that include mixed-income rental housing.
Read MoreFourth-quarter commercial real estate stats for Indianapolis
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
Read MoreOpinionBack to Top
EDITORIAL: BioCrossroads an example of vision at work
We hate to think what Indiana’s economic future might be if no one had made a point of putting the state’s life sciences assets to work in a coordinated, strategic way.
Read MoreMAURER: ‘Three score and ten’ but not the end
This is the year we will hit that biblical wall. Psalm 90:10 had all of a sudden become relevant. It’s time to plan for the end game.
Read MoreRUSTHOVEN: A judicial giant hangs up his robe
The Shepard court has respected the authority of the political branches of government, while ensuring protection of individual rights.
Read MoreFAENZI: Big career changes shouldn’t be so hard
If one’s identity has been based on being a manager, CEO or president of something, what happens when he chooses an unconventional path?
Read MoreFEIGENBAUM: State not coming to grips with slide in gambling taxes
You might be surprised to learn that Indiana’s casinos have passed the $10 billion mark in wagering and admissions taxes paid to the state and their respective host cities.
Read MoreKIM: Every investor needs an ‘overnight test’
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
Read MoreHICKS: Imperfect markets influence economic growth
Markets rule supreme, but they also work imperfectly and will do so as long as humans themselves remain imperfect.
Read MoreWhy didn’t CIB get Georgia Street deal?
The Capital Improvement Board, which runs the indoor facilities at both ends, will have no part in managing Georgia Street.
Read MoreDonnelly has been a costly politician
After reading Joe Donnelly’s [Feb. 4 Forefront] comments, I was left chuckling in disbelief.
Read MoreHands off my taxes
I believe IBJ [Feb. 4 editorial] misses the greater question of who is responsible for mass transit projects.
Read MoreIn BriefBack to Top
Ex-workers balk at SynCare bankruptcy
Disease management company’s demise in August pushed its CEO Stephanie DeKemper into personal bankruptcy in late December and the company itself will file its own bankruptcy case as early as this week.
Read MoreEiteljorg museum reports record attendance in 2011
Two special exhibits drew a large number of first-time visitors.
Read MoreColumbus manufacturer to begin solar panel production
Nusun Solar says an endorsement by Underwriter’s Laboratories should lead to mass production of its commercial and residential panels.
Read MoreWellPoint fires exec after Medicare woes
WellPoint Inc. finally canned the head of its consumer business after a string of disappointing results, and the move hasn’t further spooked the company’s jittery investors. Although that’s not saying much.
Read MoreKennedy campaign’s communications director joins Planned Parenthood
Jon Mills previously worked for the late congresswoman Julia Carson, WellPoint Inc. and Indiana University Health.
Read MoreHistoric church for sale in Old Northside neighborhood
The 34,000-square-foot neoclassical building includes a 1,200-seat auditorium renovated in 1995. The limestone structure has been used as a place of worship since it was built in 1912.
Read MorePROXY CORNER: Bioanalytical Systems Inc.
West Lafayette-based Bioanalytical Systems Inc. is a provider of contract-research services to the pharmaceutical industry.
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