Lilly plans expansion of local insulin plant
The Indianapolis-based drugmaker plans to expand its local insulin plants to make insulin cartridges to meet what it describes as growing demand in the United States.
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Education leader resigns after arrest
The former superintendent of Franklin Township Schools resigned from his new job after his arrest on a drunken driving charge. Walter Bourke retired from Franklin Township earlier this year and accepted a job as the executive director of the Indiana Association of Public School Superintendents. Bourke was in Kendallville on Oct. 21 when police said he rear-ended a vehicle at a stoplight. His blood-alcohol content tested at 0.24 percent, police said. Bourke previously worked at Mt. Vernon Community School Corp. and for Lawrence Township Schools.
Colts avoid Sunday TV blackout
The Indianapolis Colts have officially sold out Sunday’s home game against the Miami Dolphins, avoiding a television blackout, the team announced Tuesday morning. The kickoff is set for 1 p.m. in a key American Football Conference matchup against the Dolphins, who also come into the game with a 4-3 record. Tickets remain available for the Colts’ remaining home games against Buffalo, Tennessee and Houston.
Sandy stranding bus travelers, too
Airport travelers aren’t the only ones feeling the impact of Superstorm Sandy. About 30 Greyhound passengers on their way to the East Coast were left stranded Monday night after the bus line suspended service to many areas hit by the storm. The Red Cross set up a shelter for those passengers. More than 70 flights at the Indianapolis airport were canceled Monday and dozens more were canceled by Tuesday morning.
Survey shows dissatisfaction with Indianapolis Public Schools
A slight majority of more than 7,000 residents in the Indianapolis Public Schools district are dissatisfied with the school system, according to surveys conducted in late summer by a coalition of community groups, including IPS itself.
NCAA approves tougher sanctions for rule-breakers
The NCAA passed a package of sweeping changes Tuesday intended to crack down hard on rule-breaking schools and coaches.
Lilly’s Cialis receives European approval for new use
The European Union has approved Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied to an enlarged prostate.
Clowes to get $2M upgrade for 50th anniversary
Clowes Memorial Hall at Butler University will get a $2 million makeover that will involve replacing 2,200 seats and carpeting, Butler announced Tuesday.
Lottery manager ramping up advertising budget
The Hoosier Lottery’s new manager plans to launch a branding campaign in the spring as part of a business plan that calls for a significantly larger advertising budget. That could be good news for Indiana ad agencies.
MacAllister Machinery expanding in southwest Indiana
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility and create up to 61 jobs by 2016.
LA Fitness buys site near Washington Square, boosting area
LA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest sign of progress for a struggling retail submarket.
Anderson reduces cuts to fire, police departments
The Anderson City Council voted 8-1 Monday night to approve a 2013 budget that cuts nine firefighter and three police officer positions. That's down from the 29 total jobs in those departments that Mayor Kevin Smith initially proposed.
Diamond Foods closing Fishers plant with 100 employees
The maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased in 2006 from Harmony Foods Corp., on Jan. 31.
Lawmakers: More time needed for Indiana stage rules
Indiana lawmakers want to give a state panel two more years to adopt permanent rules intended to prevent a repeat of last year's deadly State Fair stage collapse.
Colts QB Luck, Riley Hospital reach multiyear promotional deal
Indianapolis Colts rookie quarterback Andrew Luck on Tuesday will announce his first local sponsorship deal, a four-year pact with Riley Hospital for Children at Indiana University Health.
CNO Financial earnings fall on recapitalization charge
Carmel-based CNO Financial Group on Monday reported a third-quarter loss of $5 million compared to a $179.5 million profit in the third quarter of 2011.
Allison lowers outlook after profit slides 17 percent
Allison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
Indiana businessman admits guilt in 2 fraud plots
An Indiana businessman has pleaded guilty to ripping off an Iowa company and duping investors in separate fraud schemes totaling $2.3 million.
Outlook gloomy for device investments
The amount of venture capital invested in medical-device and equipment companies nationally has declined each quarter this year, reaching levels not seen since 2004, according to data released Oct. 19 by the National Venture Capital Association and PricewaterhouseCoopers.
Lilly’s insulin dip concerns analysts
Eli Lilly and Co. suffered a tough week on the stock market, in part because of a disturbing bit of news buried in its third-quarter earnings report: Lilly’s insulin sales are down.