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News & Analysis
Goodwill executive to lead national health care board
October 24, 2009
Scott OlsonGoodwill Industries executive Keith Reissaus has been tapped to run Washington, D.C.-based Leapfrog Group, an industry coalition.
Reissaus gained control of health care costs by giving employees incentives to care about their health.
MoreHaunted houses avoid recessionary letdown because they offer escape
October 24, 2009
Cory SchoutenEven in bad times
people want to be entertained.” Nationwide, roughly 2,000 haunted houses, hayrides and other attractions
rake in $1 billion annually of the $7 billion consumers spend on Halloween, according to St. Louis-based trade group Hauntworld
Inc.
MoreLilly needs to sell more Effient before Zyprexa loses patent protection
October 24, 2009
J.K. WallSales of Eli Lilly and Co.’s newest drug were an afterthought during its Oct. 21 report on third-quarter earnings. The
blood thinner Effient totaled up $22.6 million in sales—a mere 0.4 percent of Lilly’s total for
the quarter.
MoreFood banks try to stock more fruits and vegetables
October 24, 2009
Kathleen McLaughlinMany hunger-relief
charities area trying to get their hands on more fresh produce. It’s not an easy task. Second-rate and leftover fruit
and
vegetables abound, but the distribution network is fragmented.
MoreLandmarks Foundation president is living with history
October 24, 2009
Katie MaurerAs president of the Historic Landmarks Foundation of Indiana, Marsh Davis is surrounded by history every time he goes to
work. It also greets him when he comes home. Davis and his family live in a 100-year-old Prairie-style, Meridian-Kessler Neighborhood
home that they have filled with Mission
furniture, family heirlooms and quirky artifacts.
MoreLilly settles Zyprexa case with S. Carolina for $45M
October 23, 2009
IBJ Staff and Associated PressSouth Carolina Attorney General Henry McMaster said Friday that the state has reached a $45 million settlement with drug maker
Eli Lilly and Co. over the company's marketing of an anti-psychotic drug.
MoreStretch of I-465 westbound reopens, several ramps still closed
October 23, 2009
The westbound lane of Interstate 465 reopened Friday afternoon on the city's northeast side following the tanker explosion
Thursday that closed parts of the expressway in both directions.
MoreBankruptcies, store closings help Halloween shops scare up space
October 23, 2009
Scott OlsonLike zombies coming to life in a low-budget horror flick, the Halloween specialty shops that invade empty store fronts are
groaning with activity.
MoreSteak n Shake nearer to merger with steak chain
October 23, 2009
Under terms of the deal, Steak n Shake will pay Western Sizzlin shareholders $22.9 million and Western will pay its shareholders
a $15.9 million stock dividend, making the total deal worth about $38.8 million.
MoreI-69 reopens; I-465 still closed following explosion
October 22, 2009
IBJ Staff and Associated PressIndiana State Police are cautioning motorists to steer clear of Interstates 465 and 69 on the northeast side of the city this
evening following a propane tanker explosion that closed the roadways.
MoreEli Lilly CEO banking on new drug pipeline
October 22, 2009
Associated PressCEO John Lechleiter says Lilly's pipeline has helped it rebound from significant patent losses three times during his 30-year
career at the company. He's betting there will be a fourth.
MoreHuge truck explosion clogs north-side traffic
October 22, 2009
IBJ Staff and Associated PressA liquid propane tanker exploded on a highway ramp Thursday morning, closing Interstates 69 and 465 on the north side of Indianapolis.
According to initial TV reports, the closure could be long term due to structural damage caused by the explosion.
MoreLocal lenders support small-biz loan initiative
October 22, 2009
Scott OlsonSmall business lenders in Indianapolis are supporting a proposal announced by President Obama Wednesday that would increase
the size of government-backed loans.
MoreDow AgroSciences' revenue, profit fall on lower crop prices
October 22, 2009
Dow AgroSciences, the local subsidiary of Midland, Mich.-based Dow Chemical Co., said Thursday that revenue fell 20 percent
and profits plummeted in the third quarter due largely to lower crop commodity prices.
MoreITT stock swoons despite higher profits, enrollment
October 22, 2009
J.K. WallInvestors dumped shares of ITT Educational Services Inc. on Thursday morning as the company remained mute on its year-end
profit forecast while announcing that its bad-debt expenses were rising faster than revenue.
MoreZimmer profits fall, but beat expectations
October 22, 2009
J.K. WallThe Warsaw-based company recorded a third-quarter profit of $150 million, down 30 percent from the same quarter a year ago.
MoreLilly, GE announce cancer diagnostic breakthrough
October 21, 2009
J.K. WallEli Lilly and Co. and General Electric Co. say they've made a breakthrough in cancer research that could help Lilly cut the
size and cost of its clinical trials.
MoreUncertainty over drug pipeline sends Lilly shares down
October 21, 2009
J.K. WallFor the first time publicly, Eli Lilly and Co. officials admitted the obvious: Their pipeline products
aren't likely to offset the revenue the company will lose after its two bestsellers, Zyprexa and Cymbalta, lose patent exclusivity.
MoreCity official: 'We're obligated' to weigh privatizing some stadium, convention duties
October 21, 2009
Peter SchnitzlerMayoral Chief of Staff Paul Okeson said the city isn't sure it makes sense to privatize operations now handled by
the Capital Improvement Board, “but we’re obligated on behalf of the taxpayer to find out.”
MoreWater bottler buys Plainfield distribution building
October 21, 2009
Cory SchoutenA California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
MoreState jobless rate dips for third consecutive month
October 21, 2009
Scott OlsonUnemployment in Indiana fell for the third consecutive month in September, bucking the national trend of rising jobless rates,
the Indiana Department of Workforce Development said Wednesday morning.
MoreCook: Tax could kill 1,000 jobs in Bloomington
October 21, 2009
J.K. WallBloomington-based Cook Group Inc. could find itself cutting as many as 1,000 local jobs if Congress enacts a tax on
medical devices to pay for health care reform, company founder Bill Cook said in an interview.
MoreLilly reports $942 million profit in third quarter
October 21, 2009
J.K. WallExcluding special items, Eli Lilly and Co.'s earnings per share spike 22 percent on the strength of Alimta, Cymbalta and Humalog
sales. Lilly's revenue rose 7 percent in the quarter over the same period of 2008,
to $5.56 billion.
MoreCity seeks ideas to privatize stadium, convention center operations
October 20, 2009
Peter SchnitzlerThe city of Indianapolis is considering ways to get out of the professional sports stadium and convention center management
business.
MoreFewer home-building permits signal weakness ahead
October 20, 2009
Associated PressApplications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
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I'm sure there are others, but his name automatically came to my mind
Houdini
magician on the court
STEVE MARTIN - funny magic
It has to be Houdini!