News & Analysis

Takeda denies hiding Actos cancer risks in Nevada trial

May 21, 2014
Associated Press
Takeda Pharmaceutical Co. didn’t hide the alleged bladder-cancer risks of its diabetes medicine Actos, a lawyer for the company told a jury. Actos was marketed for Takeda in the United States by Eli Lilly and Co. from July 1999 to March 2006.
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WNBA marketing campaign targets LGBT community

May 21, 2014
Associated Press
With the campaign, the WNBA is capitalizing on what it has known for years: The gay community makes up a significant portion of its fan base. The difference now is that the league is talking about it publicly and making it a deliberate part of its marketing strategy.
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State education board taps former IPS principal

May 21, 2014
Associated Press
Former Harshman Middle School Principal Bob Guffin is set to become the board's new executive director.
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Irsay open to another Super Bowl bid, but 2019 looks unlikely

May 20, 2014
Anthony Schoettle
It’s unclear what’s next for Indianapolis, which hosted its first Super Bowl in 2012. Organizers said it’s simply too early to consider going for another Super Bowl. It seems bidding next year for the 2019 game is off the table.
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State giving $345K incentive to Turner for company project

May 20, 2014
Associated Press
The Indiana Economic Development Corp. is giving Mainstreet Property Group an economic development grant of $345,000 for the construction of a nursing home in Terre Haute that is expected to net House Speaker Pro Tem Eric Turner $1.8 million.
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Indianapolis loses Super Bowl bid to Minneapolis and its new stadium

May 20, 2014
Bloomberg News, Anthony Schoettle
Despite having what several NFL executives said was the strongest proposal, Indianapolis lost out on hosting the 2018 championship game to a city with a new, $975 million stadium in the wings.
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Pence names first woman to top utility regulatory post

May 20, 2014
 The Statehouse File
Carol Stephan, who was first appointed a commissioner earlier this year, will take over the post vacated by Jim Atterholt, who stepped down this month to become the governor’s chief of staff.
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Beech Grove sues Franciscan, blames it for sewage backups

May 20, 2014
J.K. Wall
The lawsuit, filed Tuesday in Marion Superior Court, claims the flow of storm water into Beech Grove's sanitation system has caused backups of raw sewage and storm water into the basements of homes surrounding the former hospital site.
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State lottery operator falling short of goal

May 20, 2014
Kathleen McLaughlin
Gtech Indiana will have to sell a lot of scratch-off games and other tickets in May and June if wants to avoid making a shortfall payment to the state.
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Indy Super Bowl bid calls for new football research center, HQ

May 20, 2014
Anthony Schoettle
Part of the legacy project included in Indianapolis' 2018 Super Bowl bid includes building a research and training center and headquarters for USA Football, local bid committee members revealed Tuesday morning.
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NFL owners to consider expansion of playoffs

May 20, 2014
Bloomberg News
In addition to deciding which city will host the 2018 Super Bowl, National Football League owners on Tuesday will try to determine whether to add two more teams to the playoffs.
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Indy an underdog in final push to capture 2018 Super Bowl

May 20, 2014
Anthony Schoettle
New Orleans has emerged as the front runner to host the Super Bowl in 2018 due to its tricentennial celebration and the fact that this could be 87-year-old Saints owner Tom Benson's last crack at hosting the big game.
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HHGregg reports quarterly loss, lower revenue

May 20, 2014
Scott Olson
As expected, the company Tuesday morning reported disappointing fourth-quarter sales that led to a $7.2 million loss for the Indianapolis-based appliance, electronics and furniture retailer.
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Developer seeks abatement on $24M UIndy project

May 20, 2014
Scott Olson
The University of Indianapolis has selected local developer Strategic Capital Partners LLC to build its health sciences center. To help offset its investment costs, Strategy Capital has requested a tax abatement valued at $2.5 million.
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Pence pitches health plan proposal in Washington

May 19, 2014
Associated Press
The health insurance expansion Gov. Mike Pence is touting relies on federal Medicaid money and meets federal Medicaid requirements, but the Republican governor insists it's not Medicaid.
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Tech firm ChaCha slices 28 of its 44 employees

May 19, 2014
Dan Human
The Carmel-based question-and-answer service cut its 18-month-old social media division, Social Reactor, after a rate algorithm change at Google slashed the division's revenue from advertising.
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Irsay to pump Indy's Bowl bid, refuses to discuss March arrest

May 19, 2014
Anthony Schoettle
When ESPN’s Sal Paolantonio offered Indianapolis Colts owner Jim Irsay the chance to apologize to the Colts team and fans, he refused to bite.
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Drugmaker hid diabetes drug’s cancer risks, lawyer says

May 19, 2014
Bloomberg News
Takeda Pharmaceutical Co. executives covered up the cancer risks of its diabetes medicine Actos to protect billions of dollars in sales, a lawyer for two women argued.
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Indiana's Obamacare rates for 2015 all over the map

May 19, 2014
J.K. Wall
Initial 2015 premiums filed for the Obamacare exchanges in Indiana ranged from as high as a 46-percent hike to as low as a 9-percent cut. Anthem Blue Cross and Blue Shield wants an average increase of 9.7 percent.
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Bollore Group chairman predicts Indy profitability

May 19, 2014
Kathleen McLaughlin
Speaking at Monday's BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
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City unveils first car-sharing charging station

May 19, 2014
 Associated Press and IBJ Staff, Bloomberg News
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
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Bowl bid focuses on football safety, with Saturday at center of pitch

May 19, 2014
Anthony Schoettle
Indianapolis is betting that an ambitious project to study safety issues at all levels of football, plus expanding and snazzing up the Super Bowl Village, will help win the 2018 Super Bowl. And Jeff Saturday will help deliver the message.
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Hospital plans expansion 6 years after flooding

May 19, 2014
Associated Press
The $30 million project at Columbus Regional Hospital will expand its emergency department and cancer center.
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Simon partner looks to buy out co-owners in expansion drive

May 19, 2014
Bloomberg News
Paris-based Klepierre SA, whose largest shareholder is Simon Property Group Inc., plans to spend as much as $686 million a year on expansion.
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Stadium project a homecoming for Indianapolis-based designer

May 19, 2014
Associated Press
Dan McCloskey, who works for Indianapolis-based American Structurepoint, has been named senior project architect on the recently unveiled $11.5 million Kokomo Municipal Stadium in downtown Kokomo.
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