Stars and stripes out of fashion at Olympic Games?
So arcane is the design of U.S. Olympic uniforms and warm-up suits that at times the Russians' attire has looked more American than our own.
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Five in the running to manage City-County Building
Indianapolis Mayor Greg Ballard’s office is reviewing proposals from five commercial property managers that want a crack at running the City-County Building for the next 30 years.
Lilly stock slips after competitors halt Alzheimer’s plans
Pfizer Inc., Johnson & Johnson and Elan Corp. are ending most plans to develop an Alzheimer’s drug after a second trial failure. Eli Lilly is developing a similar treatment.
Top priority for new IDI boss: Fixing Georgia Street mess
Sherry Seiwert has plenty on her plate as she takes over this week as president of Indianapolis Downtown Inc., but her first priority should be a turnaround plan for Georgia Street.
Governors aside, feds building health care exchanges
The feds may be gaining on GOP governors who've balked at carrying out a key part of the health care overhaul law. Opponents of the law say they won't set up new private health insurance exchanges. But increasingly it's looking like Washington will do it for them.
Two workers hurt in blast at IPL power plant
The pair were taken to a hospital with non-life-threatening injuries, a company spokeswoman said. The cause of the explosion is under investigation.
Residential
The average rate for 30-year mortgages rose from 3.75 percent to 3.77 percent n the week ended Aug. 1, according to Bankrate.com. The rate for 15-year mortgages fell from 3.00 percent to 2.99 percent.
Fastest-growing Slingshot SEO changes strategic course
Slingshot SEO Inc., a fast-growing Internet marketing firm that made a job-creation deal with the state in 2011, said Monday that it was eliminating about 15 percent of its work force—or roughly 15 employees.
Whirlpool to close Indiana center, move work to Michigan
Whirlpool Corp. announced Monday it plans to shut down the last of its operations in a southern Indiana city, a plant that employed more than 1,500 workers a few years ago.
People
The Stratford retirement community has hired Margaret Clark as health care administrator. She will oversee the community’s assisted-living, memory-care and skilled-nursing neighborhoods, which it calls The Retreat. Clark most recently served as administrator at Hickory Creek at Rochester, a nursing home in Rochester, Ind.
Dr. Kevin Helms, an internist, has been hired by The Stratford retirement community as its medical director. He is part of Indianapolis-based Advanced Healthcare Associates, a group of health care providers that serves nursing home patients. Helms did his medical training at the Indiana University School of Medicine.
Lynn Driver, CEO of the Indiana Organ Procurement Organization, will retire at the end of September. Driver has led the organization since its founding in 1987, and overseen its growth to 115 employees in three locations around Indiana. She will be replaced by Kellie Hanner, who is currently the organization's chief operating officer.
Company news
Kansas-based Mediware Information Systems Inc. announced plans Monday to acquire the assets of Indianapolis-based Strategic Healthcare Group LLC, which provides blood management consulting and IT programs to blood centers and hospital systems. Financial terms of the deal were not disclosed. Strategic Healthcare was founded in 2006 by Dr. Timothy Hannon, offering to find cost savings for its customers and to improve safety for patients. Of particular interest to Mediware is Strategic Healthcare’s analytics technology called BloodStat, which has amassed the hospital industry’s largest database of clinical and financial information about blood use, which can serve as a benchmark for health care providers trying to improve their own use of blood. “We believe the combination of SHG’s products and expertise, with our software and large base of prestigious hospital customers, will provide additional growth opportunities and enhance our overall market position,” said Mediware CEO Thomas Mann in a prepared statement.
West Lafayette-based Endocyte Inc. thinks it can use the same technology that lies behind its experimental cancer treatments to treat polcystic kidney disease, too. The drug company announced Friday that tests of an experimental drug in mice slowed the development of cysts and preserved the function of the mice’s kidneys. Endocyte’s drug for kidney disease, EC0371, is a combination of folic acid and the drug rapamycin, an immunosuppressant often used during kidney transplants. Folic acid binds more readily with some diseased cells, which allows Endocyte’s drug combo to deliver a higher dose of a medicine without increasing side effects. That combination has appeared to prove more effective for treating some kinds of ovarian cancer, and Endocyte is moving to win approval for an ovarian cancer drug, known as EC145, in Europe.
The Indiana Health Information Exchange, based in Indianapolis, has added Greene County General Hospital in Linton to its medical-record-swapping network. That network, called the Indiana Network for Patient Care, now includes 90 hospitals and more than 20,000 physicians around the state. It processes more than 3 million exchanges of medical data every day, including laboratory results and medication histories. Swapping medical records is designed to reduce repeat procedures and cut down on medical errors, such as prescribing drugs that interact with one another.
Despite funding dip, IU bets on brains
The city that brought the world Prozac and other neuroscience drugs is doubling down on brain research with a new $52 million research center near Methodist Hospital.
Next up for Indiana biotech: Feed the world
Even though the potential payoff for health care innovation is less certain these days, the business case for new ways to produce more food has never been stronger. That’s the analysis that lies behind BioCrossroads' new report an agricultural innovation.
Teen shot in head on east side
A 13-year-old boy was hospitalized in critical condition after being shot in the head and thigh Sunday night near East Washington Street and Sherman Drive. The shooting took place about 9 p.m. in the 100 block of North Denny Street. Indianapolis police investigating a report of gunshots found the teen in an alley.
Two injured in overnight fire
Two residents suffered minor injuries early Monday morning in an apartment fire near Beech Grove. Eight residents were displaced by the fire, which broke out about 3 a.m. in the 3100 block of East Bradbury Avenue. The cause of the fire is under investigation.
Thousands still without power
At least 3,200 Indianapolis Power & Light customers were still without electricity Monday morning, a day after Sunday’s pre-dawn storm swept through the north side, bringing down trees and power lines. At the height of the outage, 32,000 customers were without power. Some local retailers operated on a cash-only basis Sunday because their cash registers didn’t work. IPL said numerous utilities are helping with repairs.
Persian Gulf country wants Purdue aviation program
Purdue University is considering offering its aviation management classes through a school in Qatar that has partnered with several other U.S. universities.
Dickson sworn in as Indiana’s new chief justice
Longtime Indiana Supreme Court Justice Brent Dickson has been formally sworn in as the state's first new chief justice since 1987.
Couple works to bring good from wedding day crash
Tom and Lauren Hanley's wedding day turned tragic two years ago when a traffic accident killed a groomsman and injured others in their bridal party. The Indianapolis couple is now using some of their settlement in a lawsuit from the crash to support a mutual passion.
City to consider connectors for downtown garage
The developer of a five-story parking garage downtown is seeking city approval to build two upper-level pedestrian connectors to offer easier access to the garage, especially for employees of nearby OneAmerica Financial Partners Inc.