Bounty on Braly? $1.4 billion
Investors who called strongly for the head of WellPoint Inc. CEO Angela Braly got what they wanted last week. In response, they bid up WellPoint's share price by $1.4 billion on the day after she resigned.
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Investors who called strongly for the head of WellPoint Inc. CEO Angela Braly got what they wanted last week. In response, they bid up WellPoint's share price by $1.4 billion on the day after she resigned.
The National Hot Rod Association on Monday postponed the 58th annual Mac Tools U.S. Nationals in Indianapolis due to rain. The major racing event was rescheduled for Saturday and Sunday at Lucas Oil Raceway. The last time weather delayed the annual event was 2003.
A large portion of a tree broke off its trunk Tuesday morning and fell atop a house in Indianapolis, nearly crushing the resident. Emergency officials said the 25-year-old woman who rents the home in the 7200 block of Fitch Avenue near 71st Street and Keystone Avenue was in bed at 4:35 a.m. when the fallen tree sent drywall flying onto her head. The house, valued at about $100,000, was called a total loss by fire officials.
BMW Championship practice began Tuesday at Crooked Stick Golf Club in Carmel after rain washed away Monday’s scheduled events, including the Celebrity Shootout and Corporate Cup. The PGA’s top 70 players, including Tiger Woods, Rory McIroy and Phil Mickelson, are participating in the tournament. Actual competition begins Thursday. About $2.5 million in tickets have already been sold, event organizers said.
In the midst of Eli Lilly and Co.’s surprisingly positive news about its experimental Alzheimer’s drug, the company suffered two other setbacks with former stars of its pipeline.
The Tuesday vote by shareholders to wipe out $34 million in unpaid dividends to preferred shareholders follows a judge’s Friday decision to deny a request by the preferred shareholders to prevent a vote on the proposal.
Indianapolis Zoo officials are hoping to finish strong on the organization's largest fundraising effort since the zoo moved to White River State Park in 1988.
School voucher advocates are pushing to get as many Indiana children as possible into the state's burgeoning program that helps pay private school tuition. The application deadline is Friday.
A long weekend means another day to experience A&E. What did you see since Friday?
Organizers of a long-running classic car auction in northeastern Indiana point to improved attendance and sales as signs that they've put behind the financial troubles of its former owner.
An affiliate of the Steak n Shake restaurant chain has agreed to pay $3.8 million to acquire downtown's Ober Building from the Capital Improvement Board of Marion County. The restaurant chain likely will move its headquarters to the 1910 building.
An Indiana University study has found that what people studied in college had a direct effect on their chances of employment during the Great Recession.
The Indianapolis Symphony Orchestra’s management and musicians failed to reach a new contract before their current deal expired Sunday night, and the parties aren’t expected to meet again until mid-September.
Republican gubernatorial candidate Mike Pence says the iron fist of the federal government, with its freedom-crushing mandates, has no place in Indiana, except for when the government is ordering drivers to put Hoosier corn in their cars.
Two foreign companies—one based in Australia, the other in the United Kingdom—are among four firms competing for a chance to become the first private manager of Indiana’s lottery.
Indiana school principals will begin evaluating all teachers this year under a 2011 law that ties teacher performance to merit pay. But the new responsibilities are sparking worries that administrators will be stretched too thin.
A federal judge on Friday gave Emmis Communications Corp. the green light to proceed with a shareholder vote that could wipe out $34 million in unpaid preferred shareholder dividends.
A former concrete plant in Greenwood faces the wrecking ball to make room for a wider road. The city plans to raze the former Prairie Materials concrete plant so it can turn Worthsville Road into a major boulevard that can handle traffic from a planned Interstate 65 exit.
Union representatives for the Indianapolis Symphony Orchestra’s musicians said Friday that management intends to call off the first two weeks of the season if the performers do not accept the current contract proposal by Sept. 7.
A search was underway Friday morning after a 3-foot python escaped its cage at Fishers Junior High School. The snake, named Rocky, was kept in a seventh-grade science classroom and is still believed to be in the room. Officials say the python does not have fangs, is not venomous, is very lethargic and was raised by a family with children. Animal control crews arrived to the school Friday morning to search for the missing snake.