OCTOBER 15-22, 2012
This week, find out how the Horizon League is coping with Butler University's departure and meet Indianapolis International Airport's new development czar. In Forefront, Ed DeLaney and Luke Kenley debate the merit of "family impact statements." And in A&E, Lou Harry shares his favorites from the upcoming Heartland Film Festival.
Front PageBack to Top
GOP aims to bolster legislative firepower
Indiana Republicans expect to rule the Statehouse again in 2013, and the only question to be answered Nov. 6 is the extent of their majority.
Read MoreHonda hopes 2013 Civic restores model’s luster
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
Read MoreMicrosoft, Chase fuel ad shop’s growth spurt
Thanks to blossoming relationships with corporate behemoths like Microsoft and JPMorgan Chase, local ad agency Bradley and Montgomery is making plans to double its 50-employee work force.
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Horizon League fights on after loss of Butler
The Indianapolis-based Horizon League says it is “energized” about its future, despite losing its most famous member—Butler University.
Read MoreA10 schools already hyping Butler match-ups
The Atlantic 10 is wasting little time marketing its newest member—the Butler Bulldogs.
Read MoreIU’s tech chief using university’s clout to save millions on software
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
Read MoreAirport development czar calls aggressive tactics key
Indianapolis Airport Authority has lots of economic development opportunities, despite a difficult industry environment, insists the airport’s new senior director for commercial enterprise, Michael Huber.
Read MoreSmall law firm sees faith in WellPoint class-action suit pay off
A federal judge in June granted preliminary approval to a deal under which WellPoint Inc. would pay $90 million to settle a lawsuit charging it undercompensated policyholders when it converted into a public company in 2001.
Read MoreTeach for America to help Marian University recruit principals
Both Marian and Teach for America say not enough people are prepared to lead schools in Indianapolis and around the state in areas of low income, high crime and broken homes.
Read MoreLilly shares rise on Alzheimer’s study results
Eli Lilly and Co.’s Alzheimer’s drug slowed cognitive decline 34 percent in patients with mild forms of the disease, according to an analysis of Lilly’s clinical trial data released Monday. Lilly’s share price jumped more than 5 percent on the news.
Read MoreMilhaus buying site for more downtown apartments
The local developer has agreed to purchase the former Mitchell & Scott industrial complex in the 600 block of College Avenue and is in the process of pulling together a plan for the site.
Read MoreFocusBack to Top
Banks eager to loan, but small firms hold back
Indiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because the masses of entrepreneurs remain cautious about borrowing.
Read MoreRetailers await decision on $7.2B ‘swipe-fee’ settlement
In what could be the largest antitrust settlement in U.S. history, the agreement would resolve dozens of lawsuits filed by retailers against Visa Inc., MasterCard Inc. and the banks that issue their credit cards.
Read MoreMany banks still digging out from Great Recession trauma
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan Statistical Area.
Read MoreHIATT: Political campaign puts private equity in the spotlight
In the current political campaign, private equity, the industry in which I have spent much of my career, finds itself in the spotlight. But in my conversations with other intelligent people, I often find they are curious about what private equity funds do.
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EDITORIAL: City waterways plan awash in promise
It’s invigorating to see the big potential of grass-roots economic development efforts. Take, for example, the Reconnecting to Our Waterways initiative, a mammoth plan to use six waterways in the city to attract investment and improve the neighborhoods that surround them.
Read MoreMAURER: Mourdock makeover isn’t flattering … or believable
Senate hopeful Richard Mourdock energized the right wing of the Republican Party this spring when he declared uncategorically that he rejects cooperation with his political opponents and that his brand of partisanship defines compromise as “Democrats coming our way.”
Read MoreRUSTHOVEN: Conservative caricatures mislead
One of the left’s conceits is believing its own caricature of conservatives. Hence, the reflexive liberal reaction is that a conservative who belies the caricature must be lying.
Read MoreANNALA: Improve transit for Ralph’s sake
Let me tell you about Ralph. Ralph is among 78 percent of IndyGo riders who have no vehicle available, 65 percent who are employed, and 70 percent who earn less than $25,000 a year.
Read MoreHICKS: No lying, just bad news, in U.S. job numbers
Let me dispel the myth of a conspiracy to rig unemployment numbers. I have two reasons to know these data are not contrived.
Read MoreKIM: Disrespecting bull market can be costly to investors
What a difference a year makes. Last October, we wrote of the U.S. stock market’s dismal third-quarter performance.
Read MoreStudent critiques have limited value to teachers
I see some real drawbacks to having students evaluate their teachers.
Read MoreIn BriefBack to Top
Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
Read MoreRolls-Royce opens Indy service center
The aviation supplier’s first defense operations center in the United States is at its Meridian Street complex downtown.
Read MoreCommunications firm Metronet plants flag in Indy area
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
Read MoreIndiana Rail Road plans to speed up trains, and traffic, in Bloomington
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
Read MoreWFMS property fetches $625,000 bid in county tax sale
Suburban New Orleans investment firm National Tax Asset Fund LLC placed the bid during the Marion County tax sale that ended Friday. WFMS parent Cumulus Media Inc. owns the property and owes more than $80,000 in back taxes.
Read MoreSteak n Shake opening in United Arab Emirates
The Indianapolis-based restaurant chain struck a deal to open 40 locations starting next year in the Middle Eastern country, its first venture outside the United States.
Read MoreCummins shares slide on job cuts, lower forecast
Shares in Cummins Inc. saw their biggest one-day drop in three months Wednesday after the Columbus-based engine maker lowered its forecasts for revenue and profit and said it expects to cut as many as 1,500 jobs by the end of the year.
Read MorePROXY CORNER: Celadon Group Inc.
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through Canada, the United States and Mexico.
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