State gives Speedway $2.9M for blight cleanup
Indiana Lt. Governor Becky Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and concrete slabs in the downtown business district.
Government & Economic Development
Articles
City-County Council OKs parking privatization
City-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
KAR plans to add 249 jobs in Carmel expansion
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
COAN: Stocks will get worse before they get better
Looking at the final years of the Great Depression tells me that next year might not be so kind to investors.
Indianapolis investment adviser Gene Tanner in it for the long haul
At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
Gold is booming, but for how long?
Experts are split over whether runup in precious metal is a classic bubble.
Legislator: Statewide smoking ban could pass in 2011
A statewide ban on smoking in all public places may have the momentum it needs to finally pass the Indiana General Assembly in 2011 after four unsuccessful attempts.
Chicago’s experience causes other cities to redo parking deals
Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.
GOP control brings new life to education issues
Election night victories for Indiana Republicans have paved the way for a major education overhaul that could affect thousands of students, teachers and parents and fundamentally change the way schools work in Indiana.
Expanding tax breaks could be a tough sell in Marion County
Republicans who now control the Indiana House are poised to push reforms next year that would strengthen local governments’ ability to offer businesses tax abatements. But the changes might be met with caution in Marion County.
Small-business lending rises 30 percent in Indiana
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
Indianapolis named among recession-proof cities
Newsweek magazine listed the city among 10 it says are best situated for economic recovery.
Audit: Indiana owes feds $39M for Medicaid
A federal audit recommends that Indiana's human services agency refund the federal government nearly $39 million it overpaid to Medicaid providers during a nine-year period.
Daniels appoints new social services chief
Indiana Gov. Mitch Daniels has accepted the resignation of Family and Social Services Administration Secretary Anne Murphy and has appointed the agency’s chief of staff, Michael Gargano, to replace her.
Quick Hits: Indianapolis dwarfs Milwaukee in convention, tourism business
Indianapolis and Milwaukee are about the same size, with 1.7 million and 1.6 million people in their respective metro areas, but Indianapolis’ convention trade is better developed.
Unions target Indianapolis hotels
Unite Here has high hopes, but the industry fears its cost advantage would erode.
LEADING QUESTIONS: New councillor in for wild ride
As a new City-County Council member entrenched in several hot-button issues, Angel Rivera sometimes blows off steam on his Ducati SportClassic GT1000.
State ATC chief steps down
Gov. Mitch Daniels has accepted the resignation of Indiana Alcohol & Tobacco Commission Chairman P. Thomas Snow.
Democrats pick up pieces after Tuesday’s bloodbath
Democrats lost 12 House seats, two congressmen and a U.S. senator, and the party failed to win any of three state offices.
Daniels: No word on White House run until April
Republican Indiana Gov. Mitch Daniels says politicians thinking about the next election in 2012 should "stifle" themselves for a while.