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Struggling Greenwood biotech firm finds buyer

Elona Biotechnologies Inc., which has been struggling to repay Greenwood for more than $8 million in economic development incentives, says it has solution to its financial problems.

Pence rules out Medicaid expansion in current form

Gov. Mike Pence said Wednesday that he has ruled out expanding Medicaid under the federal health care law unless Indiana gets approval to use state health savings accounts for the expansion.

House GOP considers Indy preschool as model

House Republican leaders toured an Indianapolis preschool Wednesday, one day before the House Education Committee takes up a proposal to give preschool vouchers to low-income families in a small number of cases.

Bales trial in jury’s hands after colorful closings

During three hours of closing arguments Wednesday in the federal fraud trial of real estate broker John M. Bales and William E. Spencer, a federal prosecutor and two top-tier Indianapolis defense attorneys delivered a series of memorable one-liners and rhetorical flourishes designed to stick with jurors.

Roundup: Hobby Lobby, Bakersfield, Orange Leaf

Chain stores Hobby Lobby and DXL plan new Indianapolis-locations, two yogurt chains are expanding and a popular Cincinnati-area restaurant prepares for its Indy grand-opening.

Hotel, restaurant merger part of larger shakeup

With the consolidation of the Indiana Hotel & Lodging Association and the Indiana Restaurant Association are complete, longtime association leader John Livengood will stepping down

Judge OKs sale of Indiana’s oldest ethanol plant

A joint venture bought the New Energy Corp. plant at auction last week for $2.5 million. New Energy had hoped the auction would cover the company’s $54 million in debt. A large portion of that debt is owed to the U.S. Department of Energy, which guaranteed the original loans.

Hospital visitation restrictions lifted

Marion County hospitals will lift visitor restrictions that were imposed last month to guard against a large outbreak of influenza. The Marion County Public Health Department announced Wednesday that regular hospital visitation policies could resume Friday because flu activity has subsided. The restrictions were implemented Jan. 18 after flu activity reached its highest levels since 2009.

 

Car thieves hit Fishers neighborhoods

Fishers police are warning homeowners to lock their cars or park them in a garage after a string of car break-ins and thefts. Several vehicles were broken into or stolen in the Timber Springs, Burberry Place and Sunblest neighborhoods late Sunday night or early Monday morning. Fishers police do not have any suspects but believe the incidents could be related.

 

Police nab armed robbery suspects

Indianapolis police arrested two suspects early Wednesday morning after a CVS Pharmacy at West 86th Street and Ditch Road was robbed at gunpoint about 1 a.m. Store employees said two men filled a mesh clothes hamper with prescription drugs before jumping out of the drive-thru window and fleeing the scene in a pickup truck. Police spotted the vehicle about a mile from the store and chased it into Hendricks County, where they nabbed the suspects at West 56th Street and Raceway Road.
 

UPDATE: Defense takes turn in Marsh civil trial

Don Marsh finally got off the hot seat Wednesday afternoon after his former company wrapped up nearly two days of questioning, but he didn't stay off the witness stand for long.