DECEMBER 5-11, 2016
Are the state’s workforce development programs a muddled, bureaucratic mess in need of reform? Indiana House Speaker Brian Bosma thinks so, and he’s made streamlining the vital but wasteful system a top priority this session, Hayleigh Colombo reports. Also in this week’s issue, Greg Andrews recounts the scene at Eli Lilly and Co. just before Thanksgiving when employees learned that a highly anticipated Alzheimer’s drug had failed its final stage trial—and details Lilly’s next offensive against the disease. And in A&E Etc., Lou Harry reviews the Asian-inspired cuisine at Longbranch.
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At Eli Lilly, tears, heartbreak and renewed determination
Eli Lilly and Co. employees knew the Alzheimer's treatment solanezumab was not a sure bet. But that didn’t make the pain any less acute after the company announced the drug had failed to demonstrate effectiveness during a 2,100-patient Phase 3 clinical trial.
Read MoreWorkforce training in disarray, House Speaker Bosma says
Are the state’s workforce development programs a muddled, bureaucratic mess in need of reform? A top Indiana Republican thinks so.
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Entrepreneur rents special-occasion children’s clothing online
Emma Hostetter’s business generated $100,000 in revenue in its first year—without an actual website. She has one now, and it’s about to get an e-commerce component.
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Chatham Arch project gets chilly reception from neighborhood
A nearly two-acre property is shaping up to be pivotal in terms of what residents of one of Indianapolis’ most-desirable neighborhoods consider to be acceptable development.
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Lewandowski gets called up to run Indians organization
Lewandowski has scaled the Indians’ corporate ladder while dealing with personal hardships and unexpected business challenges.
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Trucking executive’s latest drive: youth sports
Perkins Global Logistics executive Andy Card and a business partner have opened a multi-sport, youth-sports facility in Westfield and hope to spread the concept to about 16 other communities.
Read MoreFair Finance CFO seeks reduction of sentence
Rick D. Snow—who was convicted in 2012 of helping Tim Durham and Jim Cochran loot Fair Finance Co. but didn’t raid the company’s coffers himself—is seeking to get his 10-year sentence reduced.
Read MoreTrump, Pence praise Carrier for saving Indianapolis jobs
President-elect Donald Trump on Thursday said he wasn’t specifically talking about Carrier when he said on the campaign trail that "Carrier will never leave" America if he was elected president. But it didn’t stop him from trying.
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‘Flexible’ lease space for tech firms to open downtown next year
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
Read MoreCommunity development veteran takes reins of once-troubled city land bank
Bruce Baird is leaving the Indianapolis Housing Agency to direct Renew Indianapolis, the not-for-profit that aims to return vacant properties to the city’s tax rolls.
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Simplified Duke Realty winning over investors
The Indianapolis-based developer has narrowed its focus to industrial and medical-office properties. It's been selling off traditional office buildings, which used to make up the bulk of its portfolio.
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Estridge, Browning plan 100 homes, inn on Simon’s Asherwood estate
Local homebuilder Paul Estridge Jr. has agreed to purchase the sprawling Simon estate on Ditch Road known as Asherwood and is proposing a development of 100 custom homes and an inn on the 107-acre property.
Read MoreMarketing veteran joins Circle Centre
Leslie Payne is returning to Simon Property Group to serve as director of marketing and business development for Circle Centre.
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EDITORIAL: Council should fully fund IndyGo plan
The inadequacy of service on existing routes gets at the heart of why IndyGo isn’t a viable transportation system for those who need it to get to jobs and why it fails employers who badly need those workers.
Read MoreMAURER: Lessons learned at Ninth and Senate
A formative experience from my childhood is worth revisiting.
Read MoreKENNEDY: Time to determine what’s next
The electoral map is not—as often described—cosmopolitan “elitist” coasts against the “heartland.” It’s a nationwide series of blue islands in seas of red—urban centers surrounded by suburban, exurban and rural precincts.
Read MoreFIDDIAN-GREEN: Vaping is not a proven way to stop smoking
A serious dialogue about curbing smoking in the Hoosier state should start with the most promising solutions. And as rigorous research studies and other states’ experiences have shown, there are far more powerful tools than e-cigarettes at our disposal.
Read MoreKIM: High-quality hotel chain available at bargain price
We believe STAY is significantly undervalued because it is misunderstood by investors.
Read MoreBOHANON & STYRING: Will Trump cast aside stagnation, usher in growth?
Since the election, markets have all been telling a fascinating tale: more economic growth, higher inflation, a stronger dollar, higher interest rates and pressure toward even larger trade deficits.
Read MoreLETTER: Unions would force pay up
If the hospitality and convention industry workforce were allowed to unionize and negotiate for a decent standard of living, then we would most certainly see poverty rates decrease.
Read MoreLETTER: Protect auto dealers
Without a reliable network spread out across the state and around the country, auto manufacturers can’t adequately serve customers.
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WISH-TV evening anchor departing for Atlanta station
A Hoosier native and Indiana University graduate who replaced Debby Knox as anchor in 2013 will exit WISH-TV Channel 8 after Friday’s broadcasts. The station is looking to fill multiple on-air job vacancies.
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Angie’s List drops Grand Prix sponsorship
The Indianapolis-based home services firm, which recently laid off staff, said in a statement that “we thoroughly enjoyed our title sponsorship" but “opted to invest elsewhere."
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Indy Airport braces for more diverted flights under new federal rules
Indianapolis International Airport could receive more planes diverted from other airports this winter due to a change in how runway conditions are assessed. Unfortunately, officials aren’t yet sure what to expect.
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