News & Analysis

EnerDel parent lines up more financing

September 3, 2010
Kathleen McLaughlin
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
More

Another day, another delay for Emmis going-private vote

September 3, 2010
Cory Schouten
Emmis Communications CEO Jeff Smulyan delayed a shareholder vote Friday morning, for the eighth time overall and second time in 24 hours, on a proposed deal to take the company private.
More

Republic Airways lands $110,000 in federal penalties

September 3, 2010
Chris O'Malley
Federal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.
More

Hurco reports smaller loss on higher revenue

September 3, 2010
The Indianapolis-based machine tool maker said the increase in sales primarily was driven by increased demand for computerized metal cutting machines, particularly in the Asia Pacific region.
More

Indiana to get share of Botox settlement

September 3, 2010
Associated Press
Botox maker Allergan Inc. said it would pay $600 million to settle a years-long federal investigation into its marketing of the drug. Indiana will get $636,000 of that money.
More

Dow Agro acquires Colorado seed company

September 2, 2010
 IBJ Staff
Grand Valley Hybrids has been growing and conditioning hybrid seed corn in the West since 1946.
More

Smulyan delays Emmis buyout vote for 7th time

September 2, 2010
J.K. Wall
Emmis Communications CEO Jeff Smulyan delayed a vote again on his plan to take the company private. But shareholders of the Indianapolis-based radio company will gather Friday morning at 8:30 to decide the fate of Smulyan's $90 million buyout bid.
More

Hat World acquires New York sporting goods dealer

September 2, 2010
The purchase of Anaconda Sports helps Hat World to grow its LIDS Team Sports division, created to expand the Indianapolis-based company's reach beyond hat retailing.
More

Eateries cash in on TV appearance

September 2, 2010
Scott Olson
Owners of Edwards Drive In and Bub's Burgers & Ice Cream say they've experienced a large uptick in business after being featured last month on the Travel Channel's popular "Man v. Food" show. Now Indianapolis' Flying Cupcake and West Coast Tacos are hoping for their time in the spotlight, too.
More

New jobless claims tick down slightly

September 2, 2010
Bloomberg News
Initial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists surveyed by Bloomberg News, Labor Department figures show.
More

State makes it easier to renew asbestos-removal license

September 2, 2010
Associated Press
Indiana currently licenses about 2,500 asbestos-removal professionals each year.
More

Logistics firm plans 100-plus jobs in Greenwood

September 2, 2010
Associated Press
Caterpillar Logistics will lease at least half of a 668,000-square-foot warehouse that has been empty since it was built four years ago.
More

Indianapolis software firm RealMed acquired

September 2, 2010
 IBJ Staff
Health care software firm RealMed Corp. will keep its base of operations in Indianapolis after being acquired by health information exchange provider Availity LLC of Jacksonville, Fla. Terms of the deal announced Wednesday were not disclosed.
More

LEADING QUESTIONS: IPL chief takes charge

September 1, 2010
Mason King
Mutlow watch videoAnn Murtlow describes taking control of the troubled utility and how she handles the demands of serving on a dozen different boards.
More

UPDATE: Michigan, Ohio State in separate Big Ten divisions

September 1, 2010
Associated Press
Neither division has been named, but they break down like this: Michigan, Nebraska, Iowa, Michigan State, Minnesota and Northwestern in one; Ohio State, Penn State, Wisconsin, Illinois, Purdue and Indiana in the other.
More

Lauth affiliate reaches deal to exit bankruptcy

September 1, 2010
Cory Schouten
The once-mighty Indianapolis-based developer laid low by the credit crisis has reached a deal to retain control of most of its properties.
More

Appeals court ruling upholds Lilly's Evista patents

September 1, 2010
Bloomberg News
Eli Lilly and Co. won a court ruling Wednesday that blocks plans by Teva Pharmaceutical Industries Ltd. to sell a generic version of the Evista osteoporosis treatment before March 2014.
More

Local venture capital firm launches investment arm

September 1, 2010
Heron Capital Equity Partners seeks to invest $1 million to $10 million in private companies headquartered within 250 miles of Indianapolis. HCEP is part of Heron Capital, one of the largest venture capital funds in the city.
More

Downtown Clarian project expected to create 1,200 jobs

September 1, 2010
Scott Olson
Neurosciences center and administrative building would employ workers with annual salaries ranging from $27,000 for clerical staff to as high as $104,000 for management.
More

Local economic espionage case full of intrigue

September 1, 2010
Cory Schouten
The government's allegations read like a spy novel: Dr. Ke-xue "John" Huang lands a job at Indianapolis-based Dow AgroSciences and over five years works himself into a position of trust, with access to trade secrets and processes the company has invested $300 million to develop.
More

Partnership gives Angie's List members medical price info

September 1, 2010
J.K. Wall
Angie’s List has partnered with Tennessee-based Healthcare Blue Book to give its members price information before they receive medical care.
More

New Jersey fines Carmel company over dangerous toy

September 1, 2010
 IBJ Staff and Associated Press
Indiana Novelty International, which does business as Kipp Brothers, was ordered to pay a $54,300 fine and reimburse the state's investigative costs.
More

After health reform, Lilly looking for more

September 1, 2010
J.K. Wall
The health reform debate may have ended in Congress, but Eli Lilly and Co. remains active, sponsoring a talk about the positives of the bill—and calling for further government efforts to help pharmaceutical research and development.
More

Purdue adding medical research buildings

September 1, 2010
J.K. Wall
University will spend nearly $70 million to construct health and life science research facilities, including a drug-discovery lab, in West Lafayette.
More

Lilly wins ban of generic Strattera pending appeal

August 31, 2010
Bloomberg News
The U.S. Court of Appeals for the Federal Circuit in Washington on Tuesday granted Lilly's request to prevent sales until the court rules on a judge's decision invalidating a patent on the medicine.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT