The measure also removes employment protections for smokers, raises the age for purchasing cigarettes to 21 and directs more money to tobacco-cessation programs.
The Swiss-based company confirmed Wednesday morning the cuts are part of a U.S. restructuring that will result in eliminating 133 full-time workers and 24 contractors.
Hendricks Commercial Properties has scaled back some of the plans for the massive mixed-use development at College and Massachusetts avenues, at the site of a former Coca-Cola bottling plant.
The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.
Gen Con this year plans to use more than 750,000 square feet in the Indiana Convention Center, Lucas Oil Stadium and in the connector between the two facilities. It’s the most space ever booked for an Indianapolis convention.
Pacers President of Basketball Operations Larry Bird on Monday delivered the city’s bid to host the 2021 NBA All-Star Game to NBA executives in New York City in a specially-themed IndyCar.
Around Indiana, life sciences companies are searching high and low for venture capital to fund promising but expensive new products, which can take a decade or longer to develop.
Historic preservation officials examined plans on Wednesday for an eight-story office building and the pie-slice-shaped face for the project, in preparation of a major meeting in July.
After months of discussions, the Indianapolis Historic Preservation Commission on Wednesday approved the design of a massive development that could transform the northeast end of Massachusetts Avenue.
Neighbors of the development proposed for a surface lot adjacent to the Athenaeum filed the appeal after a judge ruled against their challenge in July.
The money will be used to move an electric transmission line that runs through the property, as well as to activate insurance policies that should cover environmental remediation costs.
Over the past 20 years, while the price of a gallon of milk climbed 23 percent and the sticker on a Dodge Caravan minivan rose 21 percent, the list price of the insulin Humalog shot up 1,157 percent.
The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.
OrthoPediatrics Corp. plans to use much of the $59.8 million in IPO proceeds to develop products and training systems—and, in the process, build its workforce.
