IBJ Staff

As restaurant locations go, Tomato Pie’s is far from ideal, tucked away in an aging strip mall in the shadow of Interstate 465 (9611 College Ave., 815-0011). But the pizza menu at this locally owned bistro aims to be noticed, with an ambitious array of unusual toppings like boiled eggs, linguine noodles and lentil beans […]

As restaurant locations go, Tomato Pie’s is far from ideal, tucked away in an aging strip mall in the shadow of Interstate 465 (9611 College Ave., 815-0011). But the pizza menu at this locally owned bistro aims to be noticed, with an ambitious array of unusual toppings like boiled eggs, linguine noodles and lentil beans […]

Indiana‘s higher education commissioner will leave his post April 30 to pursue other opportunities. Stan Jones has led the state agency that oversees colleges and universities since 1995. During Jones’ tenure at the Indiana Commission for Higher Education, he oversaw the creation of the 21st Century Scholars program, which helps low-income students to attend college, […]

West-Lafayette based Bioanalytical Systems Inc. restated its earnings on Wednesday and reported its second straight profitable year by posting a gain of $495,000 for the 12 months ended Sept. 30. Revenue in the fiscal year climbed nearly 5 percent, to $41.7 million.The company adjusted its earnings after incorrectly stating the tax provision for the fourth […]

Chrysler workers in Kokomo could find out today whether they will go back to work on Jan. 20, as scheduled, the Kokomo Tribune is reporting. Chrysler spokeswoman Mary Beth Halprin told the Tribune that production schedules are set on Thursdays, and that Chrysler could take into account December sales – which were down 53 percent […]

Fortune Industries Inc. eked out a profit of $44,000 in its first fiscal quarter – up from $10,000 in 2007 – even as revenue dropped to $36.2 million from $43.8 million in the same period last year. The Indianapolis-based company yesterday announced financial results for the quarter ended Nov. 30. “We are ecstatic to have […]

As expected, Eli Lilly and Co. said this morning it has agreed to pay $1.4 billion to settle criminal and civil charges related to its marketing of antipsychotic drug Zyprexa. Indianapolis-based Lilly set aside the money in October in anticipation of a settlement. As part of the criminal investigation, Lilly will plead guilty to a […]

A generic drugmaker asked a federal court of appeals Tuesday to lift an order that is preventing it from selling a cheaper copy of Eli Lilly and Co.’s osteoporosis drug Evista, according to Bloomberg News. The order would expire March 9 anyway. That is the same day Indianapolis-based Lilly and the generic company, Israel-based Teva […]

The future of the Indianapolis Navistar plant is uncertain after the company agreed Tuesday to stop producing diesel engines for Ford Motor Co. at the end of the year. Navistar’s Brookville Road plant produces engines used in Ford’s F-Series pickups. It employs about 600 workers.The decision to stop manufacturing the motors is part of a […]

Sixty-five employees at the east-side Reebok manufacturing plant in Indianapolis lost their jobs today as part of a broader company-wide restructuring. A Reebok spokeswoman declined to divulge details of the cuts, but said difficult economic conditions contributed to the decision. The plant has 950 employees and manufactures and distributes apparel for the National Football League, […]

Eli Lilly and Co. could agree as soon as Thursday to pay $1.4 billion to settle criminal and civil charges related to its marketing of antipsychotic drug Zyprexa, according to a story today in the New York Times. The Times cited unnamed sources involved in Lilly’s negotiations with federal Justice Department officials. Indianapolis-based Lilly already […]

Beach Mold and Tool Inc., a New Albany-based manufacturer, has notified the state that it has laid off 193 workers – nearly half its work force – at its Indiana plant. Beach blamed the layoffs on cutbacks by several automaker clients, including Ford, Honda, General Motors and Mercedes. The layoffs, which began in late September, […]

Cincinnati-based Kroger Co will fund a two-year initiative to pump $2.1 million into local K-12 educational programs. In conjunction with the United Way of Central Indiana, Kroger has pledged to provide more than $820,000 in grants to at least 10 Indianapolis-area educational programs, plus $1.3 million to local schools through the Kroger Cares program.Local Kroger […]

Claims-payment snafus caused by computer problems are causing fits for WellPoint Inc. – again. The federal Medicare program told WellPoint it can no longer sign up new customers for the Medicare plans it operates, the company confirmed late yesterday. That’s because its claims-payment problems caused some seniors to be denied payment for their medications, putting […]

Three Indiana manufacturers will close or scale back their operations, idling more than 150 workers in the process according to notices filed yesterday with the state Department of Workforce Development. New Jersey-based Sleep Innovations will close its mattress- and pillow-making operation in already hard-hit Elkhart, eliminating 104 jobs beginning April 27. Elkhart County has the […]