Google Earth is one of Google’s odder and spottier applications. It started life as Keyhole, a 3-D mapping program originally paid for by the CIA and subsequently purchased by Google in 2004.
The Indianapolis Symphony Orchestra has laid off six employees as part of ongoing restructuring at an organization that has been dealing with seven-figure budget deficits in recent years.
Jim Rogers, Duke Energy Corp.’s surprise CEO, said America’s largest electric company dumped Progress Energy Inc. CEO Bill Johnson because directors of the two merging corporations worried about Johnson’s authoritarian style and being forced to pump billions into a troubled Florida nuclear plant.
The physicists who made the discovery, Obama noted, all had health insurance.
After the Arizona ruling, the issue only gets more complicated for Republicans.
I hope and expect Daniels will find ways to cut tuition costs.
Predicting what Daniels will tackle is as risky as second-guessing a U.S. Supreme Court decision.
We often hear that government should be run more like business.
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
The Indianapolis Parks Foundation has selected Tanya Husain as its new president, the group announced Monday. Husain will replace retiring parks foundation president Cindy Porteous.
Investors gave a cheer to WellPoint Inc.’s $4.9 billion deal to acquire Amerigroup Corp., a Virginia-based Medicaid managed care company. Shares of the Indianapolis-based health insurer shot up more than 5 percent in pre-market trading Monday and were still up 3 percent after 1 p.m. even as the broader markets fell slightly. Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the areas for growth the next several years. “This acquisition aligns WellPoint much better with where the market is heading in terms of customers and markets,” Credit Suisse analyst Charles Boorady said during a conference call Monday morning. The deal will bring WellPoint more than 2.6 million Medicaid members in 12 states—more than doubling the 1.9 Medicaid members the company now manages. The combined companies would be the largest provider of Medicaid managed care in the nation. Medicaid is a health insurance program for the poor funded jointly by states and the federal government. Along with the federal Medicare program for seniors, it is expected to be a key driver of growth for health insurers over the next few years.
Meadows Community Foundation will develop a 70,000-square-foot Health & Wellness Center in the Avondale Meadows Community on Indianapolis’ northeast side. The nearly $20 million facility is part of a 100-acre neighborhood revitalization within the Meadows area, financed in part by a group started by superstar investor Warren Buffet. The new center will include an 18,000-square-foot health clinic operated by Indianapolis-based HealthNet Inc. and a 32,000-square-foot outpost of the YMCA. The center will provide early-learning classrooms for children, as well as youth mentoring and family programs.
Andrew Saykin, director of the Indiana University Center for Neuroimaging, is serving as principal investigator for a new nationwide research project to understand the genetics of Alzheimer’s disease. The researchers will sequence the genomes of more than 800 older adults who are currently part of the Alzheimer’s Disease Neuroimaging Initiative, an 8-year-old project to find biological markers that indicate when Alzheimer’s is developing. The National Cell Repository for Alzheimer's Disease at the Indiana University School of Medicine will serve as the storage site for the DNA samples collected around the country for the initiative. “This is the equivalent of going from a good quality map of the United States to having the detailed blueprints for everything within our borders,” Saykin said in a statement.
Eli Lilly and Co. received an extra six months of marketing exclusivity in the United States for its antidepressant Cymbalta, its biggest-selling drug. The Indianapolis-based drugmaker said marketing exclusivity on Cymbalta will now expire in December 2013, which means cheaper generic copies of the drug will not be approved until then. The extension likely will give Lilly an extra $2 billion in sales, according to the Associated Press. The drugmaker said the U.S. Food and Drug Administration had determined that Cymbalta meets requirements for a pediatric exclusivity extension even though Cymbalta is not approved for use in children. U.S. sales of Cymbalta totaled $1.8 billion in the fourth quarter of 2011 and the first quarter of 2012. That was about three-quarters of all worldwide sales of the drug.
Erbitux, a cancer treatment made by Indianapolis-based Eli Lilly and Co.'s Imclone unit, failed to help patients with advanced stomach tumors in a late-stage clinical trial, according to the company that markets the drug overseas. Erbitux, when combined with two other medicines, didn’t extend the length of time that patients lived without their disease getting worse, said Germany-based Merck KGaA. Lilly and New York-based Bristol-Myers Squibb Co. market Erbitux in the United States and Canada, while Merck promotes it in all other markets. According to Bloomberg News, Lilly realized total revenue of $409 million from Erbitux in 2011.
New USA Track and Field CEO Max Siegel is promising to pull athletes, their agents, sponsors, event promoters and the sport’s television partners together to lift track and field’s tainted image and revenue—especially domestically.
City-County Councilor Vop Osili thinks the city could level the job-seeking playing field for ex-offenders by eliminating the question of past convictions on job applications.
Manufacturers—bedeviled by an underskilled labor force—seek highly trained graduates. Career centers—struggling with funding cuts—seek support from companies so classes can keep operating.
As medical innovation continues to flourish in our city … you can expect to see a direct impact on the where and how you and your loved ones receive comprehensive medical services.
When Helene Cross arrived to lead Fairbanks Addiction Treatment Center in 2001, the alcohol and drug rehabilitation hospital was as sick financially as its patients were physically.
The great results Regenstrief Institute has produced over the years in studies at Indianapolis’ Wishard Memorial Hospital have not held up when conducted in a wider variety of settings.
Given the soft cell phone market and Brightpoint’s recent struggles, a sale to California-based Ingram Micro for about $840 million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
IndyCar Series officials have approached two of its existing sponsors, Verizon Wireless and Firestone, about becoming the open-wheel race series’ presenting sponsor, a deal motorsports business experts said could be worth $3 million annually.
Out-of-state interests are treating Indiana as a proxy for national politics.
