Star hires Taylor as top editor
Detroit Free Press senior managing editor Jeffrey Taylor was introduced to the Indianapolis Star's staff on Tuesday. He succeeds Dennis Ryerson at the helm of the state’s largest newspaper.
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Detroit Free Press senior managing editor Jeffrey Taylor was introduced to the Indianapolis Star's staff on Tuesday. He succeeds Dennis Ryerson at the helm of the state’s largest newspaper.
Beech Grove police are looking for a woman they said used a stolen credit card while dressed in a security guard uniform. The card was in a purse taken in a vehicle break-in last month in the 3200 block of South Emerson Avenue. The day after the theft, police said, surveillance cameras inside the Speedway Gas Station at 105 W. Churchman Ave. captured images of a female suspect wearing a security guard uniform while using it. The woman is wanted for fraud.
Indianapolis arson investigators are looking into four fires that broke out in quick succession Tuesday morning on the city’s near-east side. The first two blazes, reported at 4:38 a.m., were located in the 200 block and 300 block of North Beville Avenue, near the intersection of North Keystone Avenue and East New York Street. At 4:56 a.m., crews were called to a trash fire near a residence in the 500 block of Keystone. And at 4:59 a.m., a building at the corner of New York and North Walcott Street caught fire—apparently after it was struck by a burning object, said Indianapolis Fire Department spokesman Lt. James McNair.
Elinor Ostrom, an Indiana University professor of political science and the first woman to win a Nobel Prize in economics, died Tuesday at age 78.
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
Eli Lilly and Co. has invested $20 million in Chinese pharmaceutical company Novast Labs in an effort to build up a portfolio of branded generic medicines in the fast-growing Asian market.
University officials overseeing plans for the $38 million Wang Hall of Electrical and Computer Engineering had hoped to start construction in early May but now say a September start is likely.
The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
A northwestern Indiana school district has told nearly 100 teachers that they might be laid off as yet another of the state's large districts faces big staffing cuts.
Some of the nation's biggest health insurers will keep some popular parts of President Barack Obama's health care overhaul even if the law fails to survive U.S. Supreme Court scrutiny later this month. Indianapolis-based WellPoint will wait for the court ruling.
The former controller at Fair Finance is testifying at the fraud trial of Tim Durham as a star witness for the federal government in exchange for immunity from prosecution.
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Indiana Lt. Governor Becky Skillman has embarked on her second trade mission to China in hopes of boosting the market for Indiana-made goods.
Indiana Democrats will host their annual state convention outside Indianapolis for the first time as the party tries to energize voters in an area dominated by Republicans.
A spokesman for Center for the Performing Arts in Carmel on Monday afternoon confirmed that it has hired Tania Castroverde Moskalenko, executive director of the Germantown Performing Arts Centre in Germantown, Tenn., near Memphis, to replace Steve Libman.
New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
Eli Lilly and Co. announced positive results for an experiemental insulin at the annual American Diabetes Association conference in Philadelphia, but was still upstaged by Denmark-based Novo Nordisk A/S.
Elanco, the fast-growing animal health division of Eli Lilly and Co., wants to add 200 jobs at its headquarters in Greenfield, but says it needs taxpayer assistance to do it, according to the Greenfield Daily Reporter. Elanco asked the Greenfield City Council for a 10-year tax abatement on a $14 million expansion, which would add two buildings to the corporate campus Elanco opened in 2010. Elanco employs 475 workers there now, paying average slaries of $80,000. Elanco projects it would hire the 200 additional administrative employees—who would oversee the company’s marketing, manufacturing, finance and other operations—by the first half of 2015. The new jobs would pay on average $60,000 apiece. Elanco has been growing rapidly through both increased sales of its products for livestock and pets, as well as through acquisitions. Elanco’s revenue last year grew 21 percent to nearly $1.7 billion.
Minnesota-based UnitedHealthcare revamped its myHealthcare Cost Estimator tool for its customers in Indianapolis and 46 other markets, and now provides cost estimates based on the health insurer's actual contracted rates with physicians, hospitals, clinics and other health care providers. The cost estimator tool covers more than 100 common treatments and procedures, factoring in a UnitedHealthcare member’s specific benefits plan. It also allows health plan members to compare cost and quality information between different hospitals and physicians. And the tool even points out alternative treatment options that a patient might consider. “myHealthcare Cost Estimator meets a longstanding consumer need for thorough but simple online comparison shopping for health care by putting relevant information right at people’s fingertips,” UnitedHealthcare's Yasmine Winkler, chief product and marketing officer, said in a prepared statement. Many health insurers are rolling out tools to help consumers gauge cost and quality before making decisions on health care. This year, Indianapolis-based Anthem Blue Cross and Blue Shield expanded to more than 100 the procedures its cost-comparison tool covers. Anthem also rolled out a program in which employers can give its workers a cash payment each time they use the cost comparison tool before seeking care.
Indiana medical device companies enjoyed at least a symbolic victory last week when the Republican-led House of Representatives voted to repeal the 2.3 percent medical device tax that was part of the 2010 health reform law. The tax, estimated to raise $29 billion over the next decade, is scheduled to take effect next year. Indiana has more than 300 medical device manufacturers, employing almost 20,000 people, including Zimmer Holdings Inc., Biomet Inc., Cook Group, DePuy Orthopaedics Inc., Hill-Rom Inc. and Roche Diagnostics Corp. The repeal is not likely to even come up for a vote in the Senate, and if it does, will almost certainly be defeated by the Democrat-controlled chamber. Also, a repeal of the tax likely faces a veto from President Obama. However, the repeal vote is a sign of Republicans’ attempts to scale back the health care law that passed without a single Republican vote. The U.S. Supreme Court is expected to rule this month on the law’s constitutionality.
-Halakar Construction has completed a 9,053-square-foot office build-out for Gallagher Health Benefits at Fidelity Keystone Tower, 650 E. Carmel Drive, Carmel.
-Halakar Construction has completed a 9,000-square-foot office build-out for Exodus Refugee Immigration at the Circle City Industrial Complex, 1125 Brookside Ave.
-Halakar Construction has completed a 1,500-square-foot office build-out for Perio Indy at Sycamore Springs Office Park, 4715-4755 Statesmen Drive.
The average rate for 30-year mortgages fell from 3.94 percent to 3.92 percent for the week ended June 6, according to Bankrate.com. The rate for 15-year mortgages rose from 3.15 percent to 3.16 percent.