Since the recession hit, consumers looking to save a few bucks have embraced canned produce—a trend that has kept Madison County tomato processor Red Gold in the black.
The investor drubbing sustained by Hill-Rom Holdings Inc. last week stemmed not so much from the new acquisition it announced as from the gloomy outlook in the North American hospital market.
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
Mainstreet Property Group LLC plans to build a 100-bed facility at 16th Street and Arlington Avenue on nine acres where Raytheon Technical Services Co. LLC once operated.
Butler University is finalizing plans for a mixed-use parking garage project near Clowes Hall that would include neighborhood retail and housing and might cost as much as $45 million.
The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.
Strong U.S. sales in December capped a remarkable year for the auto industry. U.S. sales of models manufactured in Indiana in 2012 by General Motors, Toyota, Honda and Subaru outpaced the national rate, rising 17 percent.
Indiana’s unemployment rate rose to 8.2 percent in December even though the state added 8,300 private-sector jobs during the month. Officials attributed the increase to the more than 7,000 unemployed Hoosiers who resumed searching for work.
Marian University’s College of Osteopathic Medicine—only the second medical school in Indiana—will enroll 162 students this fall, about 8 percent more than it planned.
While rural hospitals face sharp reductions in their operating incomes, most of the four major hospital systems based in Indianapolis will see only a marginal impact on their finances.
The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years.
As President Obama said, the pain of the federal sequester will be real. But when it comes to hospitals, how real and how painful depends on where they are and how big they are. While rural hospitals face sharp reductions in their operating margins, most of the four major hospital systems that operate in Indianapolis […]
Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts. However, more than 130,000 people left the work force in February.
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
Investor smiles about new experimental cancer drugs and an aggressive play for the animal health market in China turned to frowns after Lilly disclosed deep cuts to its U.S. sales force.
An Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property. The mansion will host a camp for entrepreneurs in June.
