The IU researchers, as have many before them, approach health care jobs as if every one of them is an unmixed blessing to the Indiana economy. Employers and workers could have easily told them that’s not the case.
The Broad Ripple High School graduate took a flyer on building custom homes in 1967 and created an empire in the city’s northern suburbs.
I make my own breakfast. At mid-day, lunch is usually fresh fish simply grilled. Janie sets the dinner plans, and I go where I’m told. Now I’m writing a restaurant review?
Plus season openering reviews for “Vanya and Sonia and Masha and Spike” at the Phoenix and NoExit’s “Big Bad Wolf.”
Our public dialogue about competing with other states often focuses on development tools, tax policy, infrastructure and the like. These are surely some of the hard-edge elements of any sensible approach to building Indiana’s economic future.
Governors and mayors normally talk as if they are personally responsible for bringing jobs to their states and communities. This is nonsense.
My son started kindergarten in August. Within a few days, it became apparent that his kindergarten experience is significantly different from that of his parents. Homework every night. Reading that must be logged and initialed. High expectations for reading, math, technology and the arts.
When Occupy Wall Street sprang up in parks and under tents, one of the many issues the protesters pressed was economic inequality. Then, as winter began to set in, the police swept the protesters away, the movement all but dissipated.
Countries that don’t plan for the future tend not to do well there. When you watch the reckless behavior of the Tea Party-driven Republicans in Congress today, you can’t help but fear that we’ll be one of those.
Cost pressures are forcing health care providers to extend the reach of limited resources.
A cabinet company announced Friday that it will hire more than 300 people over five years at a vacant former auto parts plant in eastern Indiana.
Portability, versatility lead more people to work outside the security of a corporate office.
In a series of presentations, Lilly executives stretched themselves in four directions at once to convince investors and stock analysts that the company will bend but not break next year, and then snap back stronger than ever in 2015.
My students have been studying employee communications. Naturally, they remember and report bad examples far more than good ones.
Eli Lilly and Co., Cummins and other Indianapolis-area companies could use a little help attracting some of the immigration streaming out of Asia.
Over beers and dinners, I hear complaints that innovation is dead in the United States, and that most of the “real” innovation comes from southeast Asia, and the university skunk works of Western and Northern Europe.
Indiana's WorkOne centers are bracing for an increase in traffic when they begin holding in-person meetings with people who've been receiving unemployment benefits for at least four weeks.
Indiana Attorney General Greg Zoeller joined with 15 Indiana school districts in a lawsuit challenging the authority of the Obama administration to grant tax subsidies to Hoosiers buying health insurance in newly established exchanges or to fine employers for failing to provide affordable coverage. But a Democratic lawmaker said the lawsuit could lead to 400,000 Hoosiers losing out on tax breaks meant to make the insurance more affordable. According to TheStatehouseFile.com, Rep. Ed Delaney of Indianapolis said the lawsuit, filed Tuesday, is “dashing the hopes of Hoosiers on purpose.” The suit accuses the Internal Revenue Service of going beyond the Affordable Care Act’s authorizations by extending the tax breaks – which are meant to be subsidies – to residents of all states. The suit said the law authorizes the tax credits only for people living in states that are operating state-based exchanges. Indiana and most other states opted not to create their own exchanges and let the federal government do the job instead. But as revised by the IRS, the health care program opens the subsidies to residents of all states – including Indiana. Those IRS rules make Indiana employers liable for penalties if they fail to provide affordable health coverage to their employees, and one of them receives a tax subsidy to buy coverage on the health insurance exchange. Delaney, who blamed the lawsuit on Gov. Mike Pence, said that for the state’s argument to have merit, it would mean stripping the tax breaks away from all Hoosiers.
Indianapolis-based Novia CareClinics LLC, which was a pioneer in operating primary care clinics for employers, has agreed to be purchased by Wisconsin-based QuadMed LLC, another on-site clinic operator, the companies announced Wednesday. Financial terms of the deal were not disclosed. It is expected to close in the next 30 days. Novia has opened 50 on-site clinics serving more than 90 employers since its founding in 2006. In 2012, the company had more than $15 million in revenue. It now boasts 600 employees. QuadMed, which is a subsidiary of publicly traded Quad/Graphics, a commercial printing firm, operates more than 40 on-site clinics in various states. Its clinics were started to take care of its own 20,000 employees. As part of the transaction, Novia CEO Eric Olson will become an executive at QuadMed, serving under its president, Tim Dickman. In a press release, QuadMed said it also intends to fold Novia’s other employees into its operations.
Indianapolis-based Dow AgroSciences LLC said Tuesday that it has prevailed in a second patent-infringement lawsuit involving one of the company’s key products. The suit, filed in January 2012 by South African-based Bayer CropScience SA, charged that Dow Agro’s Enlist E3 soybean seed infringed one of its patents. In Monday’s ruling, a federal judge sided with Dow Agro in its motion to have the case dismissed after the court said it was unable to find objective evidence supporting Bayer's arguments. Dow Agro won a similar case against Bayer last September involving Enlist’s 2,4-D tolerance technology. That decision was upheld five weeks ago by an appeals court. Dow Agro, a subsidiary of Midland, Mich.-based Dow Chemical Co., predicts Enlist could earn as much as $1 billion over its life cycle. Dow Agro had global sales of $6.4 billion in 2012.
Indianapolis-based drugmaker Eli Lilly and Co. has become too reliant on its remaining pipeline of drugs under development for growth as it deals with patent expirations, Jefferies analyst Jeffrey Holford said in a new research report. "We are also skeptical of many of the remaining pipeline assets," wrote Holford, according to a report by the Associated Press. Holford lowered his rating on the stock to "underperform" from "hold" and dropped his price target on the shares to $40 from $49. Also factoring into Holford’s action are increasing competition and slower sales volume from the U.S. diabetes market, which is a big source of revenue for Lilly, and unfavorable foreign exchange rates and pricing pressure in Europe. At the end of this year, Lilly will lose the U.S. patent protecting its top-selling drug, the antidepressant Cymbalta, which will allow cheaper generic versions to steal its sales. Lilly also lost its U.S. and European patents on its former best-seller, the antipsychotic Zyprexa, in late 2011.
Cynthia Simon Skjodt, the daughter of late shopping mall magnate Melvin Simon, is donating $1.5 million to the Indiana University Lilly Family School of Philanthropy in honor of her father, the school announced Wednesday morning.
