Toyota adding jobs this fall at Indiana factory
Toyota says it is hiring the first wave of new employees this fall for an expected 400-person addition to the work force at its southwestern Indiana factory.
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WISH-TV fires news director, industry sources say
Several industry sources say Patti McGettigan was escorted from the WISH-TV Channel 8 building Friday after a three-year run as the local CBS affiliate's news director. The station isn't commenting on what led to her abrupt departure.
Utilities to get bill for damaged grid-control room
A Carmel not-for-profit that monitors the electric grid in 11 states and part of Canada plans to pass on to its member utilities and transmission-line operators $5.4 million in costs resulting from damage to its local data center last September.
Lilly’s Alzheimer’s finding triggers investor hope, doctor caution
While investors supported the sliver of promise offered when Eli Lilly and Co. said its Alzheimer’s drug may slow progression early in the disease, doctors weren’t as impressed, saying it could take years to find out for sure.
Social issues coming to fore in Indiana politics
Candidates for Indiana's open U.S. Senate seat and the governor's office have largely avoided talk of social issues this election season. But the national firestorm over Missouri Republican Todd Aikin's comments have nudged the topic back to center stage.
Elkhart resident leaves $125M to help hometown
The contributor, David Gundlach, died of a heart attack last October at age 56 after making a fortune in the insurance business.
State officials crack down on unemployment fraud
The Indiana Department of Workforce Development has caught more than 135 people falsely claiming benefits since 2006. Sixty-two of those have been convicted of felonies, including 14 this year.
Potential for Simon-General Growth deal appears to dim
General Growth Properties' largest shareholder said it won’t pursue a takeover of the company and has no interest in unloading its stake after investor Bill Ackman urged the mall owner to consider a sale.
Boneham supports hybrid health exchange for state
The Libertarian candidate for governor said he initially favored a state-run exchange to administer the federal health care law, but chose a joint venture with the federal government after meeting with the governor's staff.
Some see troubles with Indiana’s second-chance law
Indiana lawmakers are discovering there are challenges in implementing a new state law designed to give people a chance to have old low-level criminal conviction records sealed by a judge.
Steak n Shake loses appeal over franchisee’s pricing
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
Lilly wins appeal upholding patent for Alimta cancer drug
Eli Lilly and Co. won a U.S. appeals court ruling that upholds the validity of a patent for the lung-cancer drug Alimta and blocks generic competition through 2017. Alimta generated $2.5 billion in sales last year.
$100M IU neuroscience center set to open
A $100 million neuroscience center Indiana University officials say will offer a "one stop shop" for patients recovering from head and spinal injuries, strokes and other medical conditions is days away from opening its doors in Indianapolis.
Second body found in grave
Indianapolis police have found a second body in a shallow grave on the city's east side. The remains were found as police were removing the first body. Those remains were discovered by a man looking for a dog just after midnight Wednesday. Police say the first body has been confirmed to be a man with a head injury, but it hasn't been identified. An autopsy was also being conducted on the second body Thursday.
Three injured in house fire
A house fire on the south side of Indianapolis late Thursday sent three residents to a hospital with minor injuries. Firefighters were called to the scene near Carson Avenue and Bacon Street at about 11:20 p.m. It's not clear how the fire started. Arson investigators were been called to the scene.
Suspects on loose after armed robbery
Two men remained on the loose Friday after assaulting a gas station clerk during an armed robbery, according to Indianapolis police. It happened at about 1:15 a.m. at the Ricker’s BP gas station at West 71st Street and Corporation Drive. Police say the suspects forced the clerk into a closet and pistol-whipped him, injuring his head, before fleeing with cash from the register.
WOJTOWICZ: Lenders need financial statements to protect investment
The bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your current year’s tax return that may have aged several months.
KAR Auction Services mum on leveraged buyout talk
Carmel-based KAR Auction Services Inc. isn’t commenting on a report by Reuters that it is talking with private equity firms about taking the company private for the third time in its 30-year history.
Alzheimer’s drug results leave Lilly ‘excited’ but uncertain
The surprise positive effect shown by an experimental Alzheimer’s drug “excited” executives at Eli Lilly and Co., but it raised as many questions as it answered.