IBJ Staff
Articles
Aarden Pharmaceuticals chose Indianapolis over San Diego for headquarters
Thanks partly to a state grant and support from Indiana’s BioCrossroads life sciences initiative, principals “decided
locating here would give Aarden a better chance of success.
Indiana Pacers offer special ticket deal for members of military
All active military, reserve and retired military members with military identification can purchase balcony tickets for $5,
club-level tickets for $10, or lower-level seats for $15, starting two hours before tip-off.
Sarah Fisher extends sponsorship deal with AAA
Izod IndyCar Series driver Sarah Fisher recently renewed her contract with AAA Hoosier Insurance. AAA will continue to
be a personal sponsor of Fisher and will remain an associate sponsor on Fisher’s No. 67 car for the 2010 and 2011 Indianapolis
500s.
Construction under way on downtown condo conversion
The Shelton, a five-story building on Delaware Street, is getting a $3 million makeover.
Indiana State Bar Association names new president
Bingham McHale partner Roderick Morgan has been named president of the association. He is the first black lawyer to lead the
ISBA.
Indiana bank CEOs get bigger pay hike than peers
For banks, the last two years have been among the most tumultuous in history. Financial institution CEOs across the country
responded by trimming their raises in 2009. But in Indiana, bank chiefs didn’t follow form.
Lilly, WellPoint CEOs pin health care reform hopes on Senate
After the U.S. House of Representatives narrowly passed a sweeping health care overhaul, leaders of Indiana’s two
largest health care entities turned their hopes to the U.S. Senate to give them a bill more to their liking.
EDITORIAL: Wise decision on federal rail funds
Local advocates of high-speed rail are understandably disappointed that the Indiana Department of Transportation has dropped
the Chicago-Indianapolis-Cincinnati corridor from its application for federal rail funds, but the logic
behind doing so seems sound.
PROXY CORNER: Noble Roman’s Inc.
Noble Roman’s Inc. sells and services franchises for non-traditional and co-branded food service operations under the trade name Noble Roman’s Pizza.
Hill-Rom’s fourth quarter profit exceeds expectations
The Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
Vera Bradley gives another $10M to IU cancer center
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
Fortune ekes out another profit on falling revenue
Indianapolis-based Fortune Industries Inc. managed a small profit in its latest quarter, its fourth straight profitable quarter,
the company announced Thursday morning.
Lilly to pay Utah $24 million to settle Zyprexa suit
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic
drug Zyprexa.
Losses grow for EnerDel parent, but sales rise
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
Voters OK Hamilton Southeastern school-funding tax hike
Voters in the Hamilton Southeastern school district on Tuesday overwhelmingly approved a bump to their property taxes to provide
the growing system an extra $5.5 million in funding each year for the next seven years.
Air Force awards Rolls-Royce $8.5 million contract
Rolls-Royce Corp. said Monday that the U.S. Air Force has awarded its Indianapolis operations an $8.5 million contract to
provide spare engine parts for the C-130J military transport aircraft.
Adesa parent turns profit on lower revenue
Carmel-based KAR Auction Services Inc. on Monday said the company turned a profit in the third quarter, although revenue decreased
slightly.
Council resurrects workplace smoking ban proposal
Two weeks after reaching a stalemate on a proposal that would broaden the city’s workplace smoking ban, City-Council
Council members voted Monday night to resurrect the measure.