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ARTICLES

Kite buys Vegas shopping center for $32.5 million

The Indianapolis-based real estate investment trust said the 81,000-square-foot shopping center was fully occupied and would build on its presence in the tourism mecca.
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Zimmer to pay Stryker $70M in surgical device fight

The award is actually less than a third of what Warsaw-based Zimmer was originally ordered to pay for infringing patents on a lavage device.
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Supporters to press funding case for Evansville med school

Indiana University, the University of Southern Indiana and Ivy Tech Community College are seeking a total of nearly $50 million for the campus that would cover about six city blocks.
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Private hiring in state boomed by 15,800 jobs in November

In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
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Airport to sell 80 acres for $8M; renews lease with AAR

The Indianapolis Airport Authority has approved a letter of intent to sell 80 acres to a local developer. It also reached a 10-year extension of its lease agreement with aircraft maintenance services company AAR.
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Lender seeking to foreclose on Nora shopping center

A bank claims the owner of Nora Corners, which is anchored by a Marsh supermarket, has defaulted on an $8.4 million loan.
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Purdue in midst of surge in student applications

The university reported Thursday that it's seen a 10-percent increase in first-year student applications compared with the same time last year.
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Finish Line shares slide after quarterly results miss mark

Shares of The Finish Line Inc. tumbled by about 20 percent in trading Friday morning, after the Indianapolis-based company lowered its earning outlook.
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Lilly reaches insulin development deal with Adocia

Eli Lilly and Co. could pay more than $570 million to French pharmaceutical company Adocia under an agreement to develop a fast-acting insulin that is in the early stages of clinical testing.
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New NCAA executive backs athlete image compensation

Oliver Luck hopes to rebuild trust and confidence in the NCAA. And he wants to protect the "fundamental" right of college athletes to get paid for the use of their names, images and likenesses.
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