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Articles

ACLU fires lawsuit at city on behalf of panhandlers

August 16, 2013

The suit, filed Friday, says four plaintiffs were soliciting donations downtown within the past week when they were asked by city police to cease the activity and leave the area. The plaintiffs were not violating the city’s existing panhandling ordinance, the lawsuit says.

RUSTHOVEN: Taking issue with Kennedy

August 15, 2013

I don’t comment on columns by my liberal “Taking Issue” counterpart Sheila Kennedy. This week is an exception, prompted by reader requests to respond to her Aug. 12 “Detroit reflects our moral bankruptcy” column for impugning the motives of those who don’t share her views.

Constitutional referendum on marriage could yield media bonanza

August 15, 2013

Television and radio stations have grown fond of income from “issue ads” in recent years on everything from right-to-work legislation to immigration reform.

UPDATE: City plans to borrow $135M to keep up Rebuild Indy

August 15, 2013

City officials said Thursday that they intend to spend $350 million over the next three years to improve streets, sidewalks, trails and bridges. More than a third would come from a proposed bond issue.

City plans to borrow $135M for Rebuild Indy

August 15, 2013

City officials said Thursday that they intend to spend $350 million over the next three years to improve streets, sidewalks, trails and bridges. More than a third would come from a proposed bond issue.

State sends IPL $10 million ‘message’ for subpar work

August 15, 2013

State utility regulators scolded Indianapolis Power & Light Co. on Wednesday for a presentation that “fell below our expectations.” Now IPL must credit ratepayers $10 million.

BioCrossroads drops dreams for hospital innovation

August 15, 2013

In this age of austerity, there’s almost no chance of Indianapolis hospitals creating a Cleveland Clinic-like hub of innovation.

Noblesville passes $1K food-truck fee

August 14, 2013

A divided Noblesville Common Council approved zoning changes Tuesday that allow food trucks to roll into the city—with several restrictions and a fee that all but guarantees few will bother to make the trip.

Company news

August 12, 2013

Indianapolis-based Eli Lilly and Co., already the promoter of the leading anti-impotence pill Cialis, will now try to speed up development of a drug to treat premature ejaculation. Canada-based TVM Life Sciences Ventures VII, which manages funds supplied by Lilly, invested in Ixchelsis Ltd., a new company created in the United Kingdom to develop the experimental drug, which is called IX-01. The drug was originally discovered at a research facility in the United Kingdom operated by New York-based Pfizer Inc., the company that brought the anti-impotence pill Viagra to market. Lilly’s Chorus unit will oversee development of the drug to determine if its proposed concept of action appears to work. “TVM’s strategic relationship with Lilly enables its project-focused companies, like Ixchelsis, to reach clinical proof of concept efficiently and cost-effectively,” said Darren Carroll, Lilly’s vice president of corporate business development, in a prepared statement. If and when the drug’s proof-of-concept is verified, Lilly will have the option to acquire the drug for further development. Lilly and TVM estimate that as many as 30 percent of men worldwide suffer from premature ejaculation.

Warsaw-based Zimmer Holdings Inc., which lost a February trial against Stryker Corp. over a surgical device, was told to pay more than $228 million—three times the jury award plus other costs—and stop selling certain products. According to Bloomberg News, the increase in the jury award was appropriate because Zimmer intentionally infringed Stryker patents to build its business for pulsed lavage, a technique that removes damaged tissue and cleans bones during joint-replacement surgery, U.S. District Judge Robert Jonker said in an order issued Wednesday. He also ordered Zimmer to stop selling its Pulsavac Plus device. A federal jury in Grand Rapids, Mich., in February sided with Stryker and awarded $70 million in damages. The dispute is over devices that use pulsing liquid, such as water or saline solution, to loosen debris from a surgical site and remove it by suction. The $228 million figure is more than the second-quarter profit for either company. Kalamazoo, Mich.-based Stryker reported $213 million in earnings on sales of $2.2 billion. Zimmer, based in Warsaw, reported $152 million in earnings on $1.2 billion in sales.

Three months after the recall of its Zilver PTX stent to prop open peripheral arteries, Bloomington-based Cook Medical Inc. put the device back on the market around the globe, according to MassDevice.com, an industry trade publication. Cook voluntarily recalled the stents in April after getting reports of one patient death and one injury when the equipment that delivers the stent into patients broke off during surgery. In late May, the U.S. Food and Drug Administration slapped its “deadly” warning on Cook’s recall of its stent, which props open arteries in the legs and arms to prevent serious blood clots. Millenium Research Group has estimated that Cook derives $2,750 from each Zilver stent it sells in the United States. Since it first hit foreign markets in 2009, the Zilver stent has been deployed in more than 30,000 patients, according to data from Cook. The Zilver, which is the first stent covered with an inflammation-reducing drug, was introduced to the U.S. market in December 2012. The Zilver recall did not affect stents that were already placed in patients.
 

Landfill operators explore energy-creation options

August 12, 2013

Gas produced by a southern Indiana landfill could be captured and used to generate revenue, but Cummins workers who studied the possibilities say local officials shouldn't take the idea to the bank just yet.

Angel-investing event may bolster startups

August 9, 2013

An emerging network of angel investors from around the state will team with Indiana University next month on a workshop that will put them in the same room with entrepreneurs who’d like their backing.

NCAA getting out of jersey-selling business

August 9, 2013

NCAA President Mark Emmert said Thursday it would stop the practice immediately after reports this week that team jerseys and other items linked to individual schools could be found on its own website by searching for specific player names.

More making jump to lobbying without cooling-off period

August 9, 2013

It's hardly uncommon to go from being employed by Indiana's government to lobbying it, but an increasing number are making the jump without sitting out the customary one-year "cooling-off" period.

MORRIS: In media, the nimble will survive

August 8, 2013

The future favors entrepreneurial owners like Murdoch, Bezos.

Preservationists to explore reuses for Old City Hall

August 8, 2013

As part of its annual National Preservation Conference, to be held this fall in Indianapolis for the first time, the group plans to explore reuses for the vacant but historic building during a day-long event.

Critics: Duke trying to shift more Indiana plant cost

August 2, 2013

A consumer group maintains Duke Energy is trying skirt an agreement that caps how much of cost overruns electric customers must pay on its new $3.5 billion coal-gasification plant in southwestern Indiana.

T-shirt printer scoping Indy for new facility, 105 jobs

August 2, 2013

Little Raymond’s Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.

New retail downtown sitting idle

August 1, 2013

A flood of downtown apartments coming on the market is leasing up quickly, but much of the attached retail space continues to languish as some begin to wonder whether the residential boom will create enough retail demand.

EDITORIAL: Better transit for better achievement

August 1, 2013

A landmark Harvard University study on income mobility released late last month brought uncomfortable news for those who have come to view Indianapolis as a diamond in the Rustbelt rough. Unigov, downtown revitalization, amateur and professional sports, a stable economy—none of it apparently has done enough to help the poor.

SIDDIQUI: Tone down the education reform rhetoric

July 31, 2013

Indianapolis is home to three amazing institutions that try to improve public school education—The Mind Trust, Teach for America and IUPUI School of Education—but reform rhetoric is hurting their efforts.

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