California’s Anthem Blue Cross, a subsidiary of Indianapolis-based WellPoint Inc., will pay a $1 million fine and an estimated $14 million in reimbursements for medical expenses paid out of pocket by 2,330 people dropped by the insurer. The California Department of Insurance is set to announce the deal today, according to the Los Angeles Times. […]
An automobile-parts manufacturer in Columbus with 500 employees will shut down unless union members make concessions, according to The Republic of Columbus. Columbus Components Group, which operates in a former Arvin Industries plant, said it would begin closing down March 1 unless employees agree to a 5-percent pay cut, among other concessions, the newspaper said. […]
State Sen. Luke Kenley (R-Noblesville) said yesterday that both the Indianapolis Colts and Indiana Pacers are interested in helping the city’s Capital Improvement Board dig out of its $43 million annual operating deficit. Kenley, chairman of the Senate Committee on Appropriations, said he has met with each team’s representatives to address budget shortfalls plaguing the […]
Hamilton Southeastern’s school-redistricting plan has been approved. The school board passed the plan in a 5-1 vote last night. Supporters said the plan was necessary to balance enrollment as Riverside School prepares to open a wing that will accommodate 1,000 additional students. The new boundaries take effect this fall.
Jamestown was expected to give a hero’s welcome today to a firefighter injured in an interstate accident in late December. Fred Long, 46, was pinned by a semi after responding to a slide-off of a sport-utility vehicle on I-74. Long was released from rehabilitation today. To mark the occasion, Boone County firefighters organized a morning […]
An Indiana House Committee will consider a bill tomorrow that would let schools knock 10 days off the required 180-day school year. To compensate, administrators would be required to add about 20 minutes to each school day. A parents’ group called Save Our Summers is lobbying for the bill, which would also require an 11-week […]
Spring Mill Elementary parents talked with Washington Township officials this morning in the wake of fatal bus accident Friday that claimed the life of 10-year-old Christopher Michael Beltz. Superintendent Dr. James Mervilde discussed bus safety during today’s meeting as well as the need to more closely inspect bus driver records. School officials confirmed one of […]
Three of the world’s largest drugmakers, including Indianapolis-based Eli Lilly and Co., are being accused of fixing prices for erectile dysfunction drugs in Switzerland, according to Bloomberg News. Lilly, Pfizer Inc. and Bayer AG, rivals in the male impotence-drug market, fixed prices in Switzerland and should be punished, a panel of the Swiss Competition Commission, […]
Falling demand for wireless devices and discounted prices caused locally based Brightpoint Inc.’s revenue to drop 36 percent in the fourth quarter of 2008 compared with the same period a year ago, the company said today. The Indianapolis-based mobile technology distributor reported a loss of $344.4 million on $1 billion of revenue for the […]
Indianapolis-based medical device startup NICO Corp. yesterday announced it has raised another $1.73 million from investors. NICO was founded last year by the same core group of entrepreneurs who formed automated breast-biopsy device-maker Suros Surgical Systems Inc., one of the fastest-growing companies in Indianapolis history. Just six years after starting Suros in 2000, they sold […]
Funeral arrangements for a fourth grade boy killed by a school bus are being kept private. Family members will gather today to remember Christopher Michael Beltz, 10, who was struck by the bus Friday morning at Spring Mill Elementary School. The family is asking interested Hoosiers to make donations to the Northview Christian Life Church […]
Indianapolis Colts defensive end Darrell Reid faces disorderly conduct and trespassing charges following his arrest early yesterday morning on East 82nd Street near Allisonville Road. Police officers trying to clear the parking lot outside the Oxygen Lounge say Reid kept insisting he be let into the club. After repeated warnings, they arrested Reid when he […]
Camp Atterbury in Edinburgh will host a departure ceremony this afternoon for 60 Hoosiers soldiers heading to Afghanistan. Members of the National Guard’s 119th Agribusiness Development Team will help Afghan leaders improve their farming practices. The ceremony begins at 2 p.m. in Building 722 at the Camp Atterbury Joint Maneuver Training Center.
Arcadia Resources Inc., an Indianapolis-based provided of health care services, this morning reported a loss of $2.6 million on revenue of $35.2 million for its third fiscal quarter, which ended Dec. 31. The loss was 7.7 percent more than the company reported in the same period a year earlier. Arcadia provides home health care equipment, […]
The Indy Racing League is considering delaying adoption of its new engine formula by a year—to 2012—so teams
can afford to make the switch.
Two Indiana businessmen, Michael Maurer and the late Jesse Cox, made the Philanthropy 50 with enormous gifts to Indiana University in 2008.
Angel investor Bob Compton has produced a pair of sequels to his 2007 documentary film "Two Million Minutes," which examined the differences between education in the United States, India and China.
The not-for-profit King Park Area Development Corp. is working on plans for a retail development at the vacant northeast corner of 22nd and Delaware streets.
The Indianapolis Airport Authority has fired back against a Hebron, Ky.-based contractor that alleged in a lawsuit last December
that the airport operator failed to pay in full on a $14.7 million contract to build aircraft parking spaces.
