Unproven entrepreneur promises 1,100 local jobs
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
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WellPoint’s 3rd-quarter profit falls, but beats analyst estimates
WellPoint earned $683.2 million in the third quarter, down 7.6 percent from the same quarter a year ago. But the company boosted its per-share profit forecast for the rest of the year.
IndyCar CEO Bernard revisits ‘horrific’ week
IndyCar CEO Randy Bernard knows there are people who blame him for Dan Wheldon's death, who say the IndyCar CEO pushed the series over the edge.
Indiana environmentalists wary of oil pipeline plan
The oil industry says a new oil pipeline from Canada to the Gulf Coast might create jobs for Indiana residents if the Obama administration approves its construction.
California startup says it will create 1,200 local jobs
A California startup company that hopes to manufacture trucks outfitted with giant video screens expects to hire 1,200 employees to staff a new 125,000-square-foot production facility near 86th Street and Georgetown Road.
INSIDE DISH: Great Divide bridges Lockerbie past, present
Ralph's Great Divide has staked out an identity as a downtown survivor, making vital changes after its first proprietor's death and weathering a big downturn in sales during the recent recession.
CNO Financial’s quarterly earnings, revenue rise
Carmel-based life and health insurer CNO Financial Group Inc. said Tuesday that its third-quarter earnings jumped nearly four times over last year's third-quarter results, but mostly because of a one-time tax-related gain.
Formula One cars to race in New Jersey in 2013
Formula One cars are scheduled to race through the streets of New Jersey in 2013, F1 CEO Bernie Ecclestone said. The last U.S. race was at the Indianapolis Motor Speedway in 2007.
Indiana panel recommends right-to-work legislation
An Indiana panel voted to urge lawmakers to approve "right-to-work" legislation when they reconvene in January in a move that could set the stage for another showdown with House Democrats.
New retail strip proposed near Kite’s Rivers Edge
A local developer is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store than Rivers Edge owner Kite Realty Group can accommodate.
Big Brothers Big Sisters names new CEO
Interim leader Darcey Palmer-Shultz has been named the new CEO at Big Brothers Big Sisters of Central Indiana, the not-for-profit announced Tuesday.
Drug Take Back program set for Saturday
The third national Prescription Drug Take Back program is set for this Saturday. From 10 a.m. until 2 p.m., almost all Indiana State Police posts will act as drop-off sites for expired, unused or unwanted prescriptions drugs. The initiative's goal is to stem prescription-drug abuse and theft. The program is free and anonymous. Police at 60 agencies collected and destroyed more than 8,000 pounds of drugs during a similar event in April. Click here for a list of drop-off locations.
Teen dies in police chase
A teenager who walked away from a western Indiana youth home has died from crash injuries he suffered after he and two others carjacked a pickup truck, state police say. The 17-year-old boys were reported missing Monday night from Gibault Children's Services in Terre Haute. They are suspected of attacking a man in an attempted carjacking and later beating another man before stealing his truck. The truck hit a light pole and several vehicles at a car lot when a trooper tried to stop it minutes later. The driver ran off but was caught nearby. Both passengers were taken to an Indianapolis hospital, where Therlow Pope IV of Gary died Tuesday after suffering head injuries.
Lilly pulls Xigris off market after sepsis drug fails study
Eli Lilly and Co. said it will pull its Xigris sepsis drug from all markets after the treatment failed to reduce mortality in a study. The withdrawal may cost Lilly $75 million to $95 million in the fourth quarter.
Interactive Intelligence shares sink after quarterly report
Interactive Intelligence Group Inc. shares fell more than 25 percent Tuesday morning after the Indianapolis-based software maker reported disappointing profit in the third quarter.
Cummins Inc. profit soars on huge growth in sales
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
International Center CEO downsizes in style
A widow and empty-nester, Diane Thomas makes space count in her ‘little’ 1920s-era home in the Meridian Kessler neighborhood.
Simon boosts forecast as quarterly results exceed expectations
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.
State lawmakers look to boost college research
A study committee's draft report says improved coordination between the state's research universities and industries could improve the economy and spur job growth in the state.
FDA approves first generic versions of Zyprexa
Federal health officials on Monday approved the first generic versions of the blockbuster drug Zyprexa, which posted sales of $5.7 billion last year for Indianapolis-based drugmaker Eli Lilly and Co Inc.