Last Updated Tue., August 4, 2015 - 11:16 PM

Lilly accused at trial of hiding Cymbalta ‘brain zap’ risk11:04 PM

Bloomberg News
The drugmaker faces as many as 5,000 cases claiming it downplayed Cymbalta's withdrawal risks, which allegedly include electrical-shock sensations, vomiting and insomnia.

Netflix to give workers with babies a year of paid leave10:55 PM

Associated Press
Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent.

KAR sees surge in quarterly revenue, earnings 4:09 PM

KAR Auction Services Inc. reported big jumps in revenue and profit in the second quarter, topping analyst expectations.

As Circle Centre turns 20, declining performance, anchor woes spur worry

Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.

Executive pay continues on upswing

The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.

No-holds-barred tactics lifted developer Ozdemir

Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.

Special Report: City's building spree leaves trail of spoils

Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms' largest business opportunity with the city in more than a decade.

City bans bulk land-bank sales after lopsided deal with not-for-profit

Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)

SPECIAL REPORT: Stock-based pay builds wealth for Indiana execs

IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)

Crean, Painter contracts packed with rewards for postseason success

Indiana University Coach Tom Crean and Purdue University Coach Matt Painter cash in big time when their teams perform well, especially in postseason play.

Airport execs' globetrotting sparks scrutiny

Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.

BioCrossroads has stoked state's life sciences industry, but challenges remain

In the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies, an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national reports on life sciences.

Warnings about broker's tactics went unheeded

Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.
More Special Reports
Last Updated Tue., August 4, 2015 - 11:16 PM

Netflix to give workers with babies a year of paid leave10:55 PM

Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent.

Polian follows unconventional route on road to Hall of Fame 2:42 PM

In Buffalo, Bill Polian constructed the only team to appear in four consecutive Super Bowls. In Indianapolis, he built another that won a Super Bowl and produced the league's highest victory total in a single decade.

Jury awards ex-paramedic $223,500 in discrimination lawsuit11:08 AM

Jurors have ruled that a former suburban Indianapolis paramedic was discriminated against when she was fired for having Type 1 diabetes.

Pence considers using surplus to pay off federal loan

Indiana Gov. Mike Pence is deciding whether to use about $250 million of the state's surplus to provide relief to local businesses by paying off a federal unemployment loan this fall.

UPDATE: Fewer state residents at Purdue after tuition freeze

Since out-of-state and international students pay significantly more to go to Purdue, the university is leaving fewer spaces on the campus for Indiana residents who receive tuition discounts.

Indiana medical software company hack affected 3.9M people

The company said the exposed information includes names, addresses, birthdates, Social Security numbers and health records.

Indiana environmentalists cheer new EPA emissions standards

Indiana environmental groups are applauding President Barack Obama's newly announced mandatory cuts in greenhouse gas emissions, but Indiana Gov. Mike Pence said doesn't intend to comply with the proposal.

U.S. manufacturing index shows July slowdown

Exports are contracting, partly because a strong dollar makes U.S. goods more expensive.

Brothers start artisan distillery in Madison County

Jerrad and Jason Oakley have reached an agreement with 69 Liquors in Daleville, Lucky Liquors in Anderson and Mr. G's Liquor Store in Noblesville to sell their moonshine.

Officials expect new I-69 section opening by year's end

State highway officials remain confident the latest section of southern Indiana's Interstate 69 extension will be finished this year even though construction crews still have several miles of concrete to pour.

Indiana, private carrier ink deal for Hoosier Line

The Indiana Department of Transportation says four-days-per-week passenger rail service between Chicago and Indianapolis has begun under a two-year contract with Amtrak and Iowa Pacific Holdings.

NCAA granted stay in O'Bannon case; payments delayed

The NCAA was given a respite Friday when the 9th U.S. Circuit Court delayed the implementation of possible payments to athletes for the use of their names, images and likenesses.

Pence asks for disaster declaration in 53 Indiana counties

Gov. Mike Pence and Sen. Joe Donnelly are asking the U.S. agriculture secretary to declare 53 of Indiana's 92 counties disaster areas because of crop damage and losses caused by flooding and excessive rain.

Drop in number of new Indiana teachers could get state review

The Indiana Department of Education says the number of first-time teaching licenses issued has dropped about 60 percent since the 2009-10 school year.

Lawmaker seeks answers on Mounds reservoir proposal

The proposed $450 million reservoir near Anderson—created by damming the White River—should be reviewed by a state legislative committee, according to a lawmaker opposed to the project.

U.S. paychecks grow at record-slow pace in 2nd quarter

U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans.

Landmark African-American-owned bar looking for new home

Owner Gwen Robinson hopes to find a new home for AJ's Lounge by the end of August, but for now, the bar—fondly referred to as the "government center's north annex"—is without a home.

Gen Con's CEO calls for broader LGBT protections

The CEO of a massive gamers' convention said Thursday that organizers are "shopping the show" to other cities and could relocate after 2020 if lawmakers don't expand protections for gays and lesbians.

U.S. cuts estimates for economic growth over past three years

The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments.

Early 1900s auto factory in Kokomo being demolished

Demolition crews are tearing down a century-old factory in Kokomo that once housed the operations of early automobile pioneer Elwood Haynes.

Pence sidelines big Democratic fundraiser with IEDC pick

Gov. Mike Pence, a Republican, named a prominent Democrat to lead Indiana's business-recruitment agency on Wednesday, adding a degree of bipartisanship to his administration ahead of what is expected to be a tough re-election campaign.

Fed likely to delay first rate hike in nine years a bit longer

On Wednesday, when it ends its latest policy meeting, Federal Reserve officials will issue a statement that will be parsed for clues to just when the first rate increase since 2006 might occur.

SBA loan approvals resume after Congress lifts lending limit

Loan approvals resumed after going on hold Thursday, when the SBA reached its $18.75 billion annual limit for loan guarantees.

Microsoft set to roll out Windows 10 operating system

Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.

Volkswagen tops Toyota in first-half global sales

Volkswagen overtook Toyota in global vehicle sales for the January-through-June period, the first time the German automaker has come out top in the intensely competitive tallies.

Opinion: NASCAR blew it on Brickyard rules package

NASCAR has tried to create a rules package that produces dramatic racing, but Sunday's race at Indianapolis Motor Speedway featured just 16 lead changes. If there was a way to bottle what IndyCar does on ovals, NASCAR would buy it in truckloads.

Hallador Energy to lay off 175 Indiana coal miners

Hallador Energy Co. announced the layoffs Monday affecting Sunrise Coal's mines in Carlisle and Oaktown, both about 90 miles southwest of Indianapolis.

Manufacturers see rebound in orders for durable goods

Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, while business investment rebounded after two months of declines.

Indiana panel recommends state stop licensing engineers

A state panel that's assessing Indiana's need to oversee dozens of occupations is drawing criticism for recommending that the state stop licensing and regulating engineers.

Pharmacy robberies up across Indiana, nation

Robberies of pharmacies to gain illegal access to prescription painkillers and other drugs have increased this year, with Indiana outpacing other states, crime data shows.

Thousands of scooters registered under new Indiana law

Thousands of motor-driven cycles, the vast majority mopeds and scooters, have been registered with the Indiana Bureau of Motor Vehicles since a new law went into effect in January.

Competition for local retail workers heating up

The competition for retail workers in the central Indiana job market has grown so intense that one retailer is offering hiring bonuses.

State agency spends $300K to add mantra to buildings

So far, the Indiana Economic Development Corp. has slapped the slogan "a state that works" on two buildings, using its existing promotional funds in a budget passed by the General Assembly.

Ohio firm to build hydroponic veggie farm in Indy

The city of Indianapolis is partnering with the Toledo company to build the $1.2 million project in a retrofitted, southeast-side warehouse.

Lawsuit: County worker fired for objecting to same-sex marriage

A former employee of a southern Indiana county clerk says she was fired over her religious objection to processing a same-sex couple's marriage application.

VA secretary optimistic Congress will plug budget gap

During a visit to the Richard L. Roudebush VA Medical Center in Indianapolis, Robert McDonald said Thursday he thinks Congress will act to avoid shutting down some VA hospitals and other cost-cutting steps.

Indiana gets 3-year waiver from No Child Left Behind

The waiver frees the state from some federal testing and school progress rules and lets Indiana keep greater control of how it spends about $230 million in federal education funding.

Indianapolis to host high-profile confab for U.S. mayors

The conference is expected to draw presidential candidates and national media because it will come not long before the Democratic and Republican national conventions.

Indiana to pay $124K to settle sign language suit

A deaf man filed the lawsuits after being denied a sign-language interpreter so he could follow a court hearing in which his mother was a party.

IndyCar creates conduct code to limit criticism

The new code comes after June race where many drivers complained about dangerous pack racing conditions and were critical of series management.

FCC chairman recommends OK of $48.5B DirecTV-AT&T deal

AT&T's purchase of DirecTV would create the country's largest provider of cable or satellite TV.

Indy-area woman charged with faking nursing license, cancer

Ashley Trent faces charges of forgery, deception, theft and practicing nursing without a license. She also is accused of forging letters from IU Health that claimed she had breast cancer.

Report ranks Indiana 32nd for child well-being

The national report found that more Indiana children have health insurance and fewer are abusing drugs and alcohol, but the state still dropped in the rankings due to improved results in other states.

Runway project to close central Indiana airport for 8 days

Columbus-based Cummins Inc. plans to have its planes use Indianapolis International Airport during the eight-day $5.2 million renovation project at the Columbus Municipal Airport.

Indiana agency: No action planned over card game prizes

Gaming Commission Executive Director Sara Tait said her agency never had plans to take action against a senior center that offered prizes like cookies and toilet paper in euchre card games.

Survey: U.S. companies less optimistic about future sales

The overall survey results, compiled by the National Association for Business Economics, portray an economy muddling along at a steady, if tepid, pace.

Indiana attorney general entering congressional race

Indiana Attorney General Greg Zoeller is joining two Republican state senators in the race for the 9th District congressional seat.

Anderson tries to make downtown hip for millennials

City leaders want to establish Anderson as a cultural hotspot, patterned after Seattle and Portland, Oregon, and other places where the millennial generation is flocking.

Indy officials hope zoning change spurs energy-saving transport

Developers could save when they scale back the required number of parking spaces and instead offer bike racks, electric-car charging stations or other "green" amenities.

Ritz blames error for possible illegal campaign donations

Indiana Superintendent of Public Instruction Glenda Ritz is blaming a clerical error for about $8,000 in campaign contributions being collected during this year's legislative session in a potential violation of the state's campaign finance laws.

Blogs

What to do this week? Priority list includes the State Fair, Mellencamp, more

Plus some suggested stopping points on your First Friday gallery crawl.

Roundup: Luciana's opening in Broad Ripple, Bar Louie coming to Greenwood

A Mexican eatery replaces Taverna on Broad Ripple Avenue, while a bar chain takes the Bravo space at Greenwood Park Mall. Also, Discount Tire is building where Chinese Ruby once stood.

Three candidates surface to replace Walker as IndyCar boss

Hulman & Co. CEO Mark Miles has a tall order to find someone willing to sit on the hot seat to be vacated at season's end by Derrick Walker.

Noblesville introduces soft-skills campaign

Noblesville leaders announced a new initiative Friday morning to encourage soft skill education for students and employees.

After revenue rebounds, Hoosier hospitals start hiring again

Hospitals around Indiana have added 2,400 jobs since September as profits, patient visits and insurance coverage all improved.

A&E, etc.

Gen Con sets its sixth straight attendance record

In its 13th year in Indianapolis, the annual gaming convention, which ended Sunday, outrolled its previous record-setting attendance by 9 percent, marking its sixth straight year of growth.

What to do this week? Priority list includes the State Fair, Mellencamp, more

Plus some suggested stopping points on your First Friday gallery crawl.

LOU'S VIEWS: Stand-ups mix it up at new Mass Ave open mic

10@10 is more of a curated variety show, with the emphasis on laughs. It's well worth a dollar per comic.

LOPRESTI: Training camp begins and so does the Colts’ numbers game

The stats tell some interesting tales about the boys in blue and their biggest nemesis.

More A&E, etc.