Ascension aims to cut costs with $10.9M service center
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
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Downtown apartment developers take divergent paths to financing
J.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
New parking meter plan could yield Indianapolis more cash
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
Veolia losing water contract, will get $29M termination fee
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
U.S. attorneys, FBI to watch for voter fraud, abuses
The FBI also will have special agents available to receive allegations of election fraud or discrimination.
City-County Council approves 2011 budget
The CIB’s $73.1 million budget, which included a $10 million payment to the Pacers for the operation of Conseco Fieldhouse, passed by a 15-14 vote.
GOP could gain quorum in state Senate election
Indiana Senate Democrats, long considered the last bastion of liberal thought in state government, are in danger of becoming politically irrelevant after the Nov. 2 election—something they say would disenfranchise nearly 2 million Hoosiers who live in their districts.
Some council members still unsure about CIB budget
The Capital Improvement Board’s controversial spending plan will face its final trial Monday night as the City-County Council takes up the city’s $1.1 billion budget for next year.
Post office still seeking rate hike for 2011
The U.S. Postal Service had asked for a 2-cent increase in the current 44-cent price for First Class stamps starting in January, but was denied by regulators. It plans to appeal.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Indiana agency paying law firm $5.25M to sue IBM
Barnes & Thornburg of Indianapolis was hired despite several conflicts of interest arising from the fact that it also represents former IBM partners involved in the welfare deal.
State getting $25M to clean up old GM sites
Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.
City rolls out revised parking-meter deal
City would reap more cash in the long run and get more flexibility to alter the deal if necessary, but the controversial 50-year term of the contract remains.
Demolition begins on vacant Speedway motel
The former Budget Inn property near Interstate 465 on the west side of Speedway has been the site of 40 police runs over the past six months.
Presidential hopefuls Daniels, Pence reflect two sides of GOP
If Gov. Mitch Daniels and U.S. Rep. Mike Pence become presidential candidates, through them Indiana will represent something of a microcosm of the national Republican Party and its philosophical wings.
Indiana loans for jobless to hit businesses Jan. 1
The state will begin paying millions of dollars in penalties and interest to the federal government next year because it has borrowed nearly $2 billion to pay for jobless benefits.
Indianapolis wins state “Green Community of the Year” award
Mayor Greg Ballard has unveiled a number of green initiatives, ranging from widespread use of hybrid vehicles to making the City-County Building more energy-efficient.
FSSA secretary gets green light to take new job
Family and Social Services Administration Secretary Anne Murphy can take a private-sector job helping a hospital network cope with the federal health care overhaul she opposed as a public official, the state ethics commission said Thursday.
Rokita to politicians: Careful with donations from union
Secretary of state warns candidates that if he prevails in court, his securities division staff will pursue any money the candidates received from the Indiana State Teachers Association’s political action committee.
Ellsworth attacks Coats’ lobbying career in debate
U.S. Rep. Brad Ellsworth on Monday used his first debate with Republican Dan Coats in the race for Indiana's open U.S. Senate seat to attack Coats for his time spent as a lobbyist. Libertarian Rebecca Sink-Burris tried to set her party apart by staying above the fray.