NOVEMBER 14-20, 2016
Indiana Democrats trying to pick up the pieces from the disastrous election returns on Tuesday are struggling to figure out the main message to take from the outcome. Hayleigh Colombo explores the options. Also in this week’s paper, Lindsey Erdody examines how the ambitious Midtown development in Carmel is quickly taking shape. And in Focus, Lesley Weidenbener investigates why Hoosiers have been slow to warm to electric cars.
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Democrats regroup after getting pasted in election
Did Indiana Democrats get caught up in a Donald Trump tsunami in this election or did they simply fail to pick progressive candidates who could tap into the frustrations of working-class voters?
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Carmel’s Midtown project finds its momentum
It took nearly two years to finalize design and financing for the first phase of Midtown, but its developer predicts that other components will fall into place quickly now that construction has started.
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$7M project restores luster of storied office tower
Banker J.F. Wild had the limestone building constructed in 1923 to house his growing financial institution. Developer Loftus Robinson has just spent two years reversing decades of neglect.
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IPL battery installation sparks tiff with MISO
A dispute has broken out over the financial terms under which IPL connects its new, $25 million, energy-storage system to the grid.
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LISC’s Bill Taft empowers residents to revitalize struggling neighborhoods
Taft’s lifelong commitment to urban neighborhoods has earned him the distinction of being the 23rd recipient of IBJ’s Michael A. Carroll Award.
Read MoreFirms’ infatuation with buybacks creating economic drag
Investment strategist Jeff Korzenik said executives often have an incentive to buy back stock rather than using that cash to make capital expenditures.
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Bloomington tourism ads play off liberal bent
Visit Bloomington has overhauled its marketing campaign and doubled its ad budget this year—pegging the home of Indiana University as the “blue dot in a red state.”
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East-side St. Clair Place surging to housing revival milestone
With assistance from Near East Area Renewal, the neighborhood has seen 90 new or refurbished homes come on the market since 2010. And that number is expected to grow to 100 next year.
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Marian to capitalize on state scholarship, improve teacher training program
Marian University hopes to attract high-achieving students to its education program by sweetening the pot for those who earn a new state scholarship aimed at retaining teachers in Indiana.
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HOOSIER BEACON: John Wooden, legendary basketball coach
A man of deep faith, he celebrated his championships by going to church and taking his grandchildren out for ice cream.
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Electric cars slow to catch on among Hoosiers
Through August, only about 1.7 percent of the 170,000 new cars registered in Indiana this year were gas-electric hybrids.
Read MoreFeds pitch in to help Citizens with plan to redevelop coke plant
The plant closed in 2007, taking 300 jobs. It opened in 1909 and at one point produced all the gas used for heating Marion County.
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EDITORIAL: Time to set aside the rancor
A democracy creates winners, but it’s up to those winners to govern wisely.
Read MoreMORRIS: It’s time to get back to business
Time to move on after divisive campaign and shocking result.
Read MoreTHOMPSON: Indy upping wages through collaboration
Average wages for Hoosiers have increased 25 percent since 2005, growing from $35,400 to $44,116. Meanwhile, personal income in Indiana had the 11th-fastest rate of growth between the first two quarters of this year.
Read MoreREINKE: The true impact of free trade agreements
While the United States has a considerable trade deficit worldwide, we continually run a collective net trade surplus with those 20 nations with which we have free trade.
Read MoreSKARBECK: Fiduciary rule to remake rules of brokerage business
Now classified as fiduciaries, brokers and advisers to retirement plans will need to prove they are putting their clients’ interests over themselves.
Read MoreBOHANON & STYRING: Beware of promises to spend big on infrastructure
Arguments for spending on roads and bridges always look great on paper. Alas, these schemes at the federal level seldom deliver on the rosy political rhetoric.
Read MoreLETTER: Carriage-house rentals offer moderate-priced options
Accessory dwelling units like the carriage houses in the IBJ story are becoming more common across the country in areas where they didn’t previously exist.
Read MoreLETTER: Grand Park has been success
As one of the many supporters of Grand Park, I was disappointed with the negative tone and the inaccurate presentation of the numbers in the story.
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Subaru supplier investing $111M, adding 114 jobs in Madison County
Japan-based ELSA Corp., which already employs 350 workers in Elwood, is adding production lines to make fuel tanks, exhaust systems, air cleaners and air ducts for Subaru.
Read MoreWoman gets almost 4 years in prison for $5.5M embezzlement scheme
A federal judge sentenced an Indianapolis financial executive to 46 months in prison after she pleaded guilty to charges related to stealing money from her former employer.
Read MorePackaging entrepreneur, 84, to sell family firm for $100M
Bob Haddad started the box company in 1975. It since has branched out to a wide variety of products and several location in Indiana and Illinois with 300 employees total.
Read MoreHHGregg posts steep quarterly loss on falling sales
The Indianapolis-based appliance and electronics retailer suffered another money-losing quarter, though its strategy to focus more on appliances is making headway.
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