Rose-Hulman Institute of Technology in Terre Haute will soon be searching for its third new president in five years. The engineering and science school announced yesterday that Gerald Jakubowski was resigning effective June 30, three years after he took the job. No reason for his departure was announced, and the school said its board of […]
A stock analyst says Eli Lilly and Co’s potential blockbuster drug prasugrel could face another Food and Drug Administration delay, Bloomberg News reported this morning. The experimental blood thinner may not receive U.S. action until the second quarter after regulators said they made a “mistake” removing a critic of the drug from an advisory panel […]
Delta Faucet Co. has laid off 77 employees at its Greensburg plant – the company’s sixth round of employment cuts within the past two years, according to the Greensburg Daily News. The Carmel-based company began trimming its payroll in early 2007 and has laid off a total of more than 400 workers during that time, […]
WellPoint Inc. CEO Angela Braly predicts that the health insurer’s profit per share will grow 1 percent to 3 percent this year. That means Indianapolis-based WellPoint’s profit would come in between $5.53 and $5.64 per share – below the expectations of Wall Street analysts, who have predicted WellPoint would earn $5.68 per share, according to […]
Ameriana Bancorp of New Castle yesterday said it would not accept $9.8 million from the Troubled Asset Relief Program-or TARP-after all. The move follows Congress’ decision to retroactively attach new strings to acceptance of TARP funds. Language included in the stimulus package approved Feb. 13 imposes wide-ranging restrictions on executive compensation at companies receiving federal […]
Rolls-Royce PLC’s new 10-year, $400 million agreement to produce helicopter engines brings another surge of business to the company’s Indianapolis manufacturing plant. Rolls-Royce said today it will supply Fort Worth, Texas-based Bell Helicopter Textron Inc. with Model 250 engines for Bell 206 and 407 helicopters for most of the next decade. It was the second […]
Gov. Mitch Daniels was scheduled to meet with President Obama this morning to discuss the challenges facing Indiana. Daniels is in Washington for a National Governors Association meeting. Obama says he wants to make it easier for governors to lead their states out of the economic crisis. Indiana expects to get about $4 billion from […]
BorgWarner Automotive has confirmed in a state filing that 750 workers will lose their jobs at its Muncie plant, which supplies transmission components to General Motors Corp. and Ford Motor Co. BorgWarner Inc., based in Auburn Hills, Mich., said early last year that its Muncie operation would close when the current union contract expires in […]
Indianapolis police are questioning two men this morning following an attempted robbery and shooting last night at Famous Dave’s Restaurant, 3645 Vincennes Road on the northwest side. A pair of armed men entered a back door of the restaurant around 10:30. Officers say the men fired several shots before discovering their getaway driver had fled. […]
Sallie Rowland, founder of Indianapolis-based Rowland Design, will be honored March 19 at the inaugural Legends in Design awards ceremony. Legends in Design is sponsored by the SAFE Coalition for Design, which promotes protection of public health and safety through adoption of nationally recognized interior design standards. SAFE is an acronym for slip resistant, accessibility, […]
The Carmel Clay school board tonight will discuss ways to cut $1.85 million from next year’s budget. One option under consideration is slashing teacher positions.The meeting will start at 7 at the school district’s administrative offices, 5201 E. 131st St. Fox 59 will have more at 10 p.m.
Sallie Rowland, founder of Indianapolis-based Rowland Design, will be honored March 19 at the inaugural Legends in Design awards ceremony. Legends in Design is sponsored by the SAFE Coalition for Design, which promotes protection of public health and safety through adoption of nationally recognized interior design standards. SAFE is an acronym for slip resistant, accessibility, […]
Commuters in Greenwood can take an IndyGo bus downtown beginning March 2. The Greenwood IndyGo Commuter Express, the third IndyGo ICE route outside of Indianapolis, will depart from the Meijer Store on North State Road 135 and arrive downtown at Delaware and McCarty streets about a half-hour later. The route features five other stops downtown. […]
Dan Krajnovich thinks UnitedHealthcare’s new and improved swipe cards will help his company add more doctors to its network of providers, boosting its competitiveness in the marketplace.
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they’ve derived from the city and its thriving downtown before delivering an answer.
Facing anemic demand and slumping sales, manufacturers are increasingly attempting to tap the U.S. Department of Defense for contracting opportunities.
The Indianapolis Tennis Championships (formerly the RCA Championships) has for the first time hired an advertising agency to boost ticket sales.
Community Health Network has spent three years developing a computer interface that allows doctors and nurses to view all
information and records on a patient in one viewing program.
The Salvation Army is rethinking a request to demolish a historic home it owns next to its headquarters at Michigan and Alabama streets.
Ever wondered, as you shell out $3.50 for each of those precious boxes of cookies, how much cash goes directly to the Girl Scout troop?
