Yakey takes new role at Lilly Endowment
The Lilly Endowment has named former Indianapolis Economic Development Corp. president Wallace "Ace" Yakey Jr. as the vice president for community development, the Indianapolis grant maker announced Tuesday.
Government & Economic Development
Articles
Indianapolis technology companies pledge 1,500 new jobs
Three fast-growing Indianapolis technology companies—Angie’s List, ExactTarget and BidPal—plan to add up to 1,500 jobs collectively over the next half-decade, officials announced Tuesday morning.
State’s full-day kindergarten enrollment grows
The number of Indiana children enrolled in full-day kindergarten has increased by 19 percent since the state more than doubled spending for the program.
UPDATE: Chrysler may find use for vacant Tipton plant
The automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since being built four years ago.
Study calls Indiana Toll Road lease a bad deal
The Indiana Toll Road lease may have paid off in the short term, but a new study concludes it'll be a bad deal for taxpayers in the long run. Indiana officials say the report is flawed.
Medical software firm plans to expand, add 25 jobs
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters. The company has 27 employees.
CIB to consider 1-year extension with Pacers, source says
The Capital Improvement Board of Marion County is expected to seek a one-year extension of its current lease deal with Pacers Sports & Entertainment, according to a former board member and current Indianapolis city-county councilor.
Deadline looms to refile for homestead tax break
The law, passed in 2009, says Hoosier homeowners will lose their deduction beginning in 2013 if they don’t complete and return a homestead verification form by Jan. 1.
IU chemist DiMarchi receives science award from Daniels
Richard DiMarchi helped develop the sepsis-treating drug Xigris for Eli Lilly and Co. He also co-founded Marcadia Biotech, which Roche acquired in 2010 for an initial upfront payment of $287 million.
Indiana mayors urge lawmakers to get tougher on meth
Evansville Mayor Lloyd Winnecke said mayors want lawmakers to require prescriptions statewide to purchase medicine that contains pseudoephedrine.
Not-for-profits worry about impact of ‘fiscal cliff’
Middle-income taxpayers could pay thousands more in taxes starting in January. That could cause donations to non-for-profits to drop at a time when the organizations are still struggling to recover from the recession.
USDA chief: Rural America becoming less relevant
Tom Vilsack, former Democratic governor of Iowa, told farm belt leaders this past week that he’s frustrated with their internecine squabbles and says they need to be more strategic in picking their political fights.
Student group urges campus-wide strike at IU
Indiana University students concerned about reductions in state funding for higher education and IU’s management of programs are calling for an all-campus strike in April in protest.
Lugar starting Washington program for UIndy
Lugar is starting an internship program with the University of Indianapolis that will operate out of Washington, D.C. He has also agreed to deliver a handful of lectures each year as a distinguished professor at the private university.
U.S. economy adds 146,000 jobs as unemployment rate slips
The Labor Department’s report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
Face-lift nearly complete at Eagle Creek golf courses
Eagle Creek Golf Club received a long-awaited face-lift this year under a contract that will rescue the city from most of its expenses stemming from the previous operator’s loan default.
Daniels revives talk of outer beltway around Indy
There's renewed interest from top state lawmakers in the highway, which would link communities stretching from Martinsville southwest of Indianapolis to Pendleton northeast of the city.
Pence travels Indiana to thank supporters, voters
Gov.-elect Mike Pence pledged to work with both parties to improve Indiana's economy but sidestepped potential political minefields as he hit the road Thursday for a two-day trip to thank supporters who helped him win the governor's office.
Lawmakers may tighten grip on gold-buying business
State lawmakers and Indianapolis officials are looking to regulate the gold-buying business, which police say provides an easy outlet for stolen goods. Cash-for-gold stores have multiplied as prices more than doubled since 2007.
Bill would crack down on convenience store safety
Stores with crime problems that wanted to remain open overnight would have to do one of the following: have two employees working, install a bulletproof enclosure, have a security guard or conduct business through a pass-through trough.