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Angie’s List Inc., the fast-growing company that provides customer-review services in 200-plus markets, plans to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced Tuesday morning.
Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.
On a seasonally adjusted basis, the pace of mortgage loan applications grew 21.7 percent for the week ended Aug. 5, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.37 percent from 4.45 percent the previous week. The rate for 15-year mortgages was unchanged at 3.52 percent.
What formative experience helped inspire a Taco Bell franchisee to donate well over $1 million to youth charities? What was his biggest bonehead mistake in business? Charlie Brown has answers.
A spokesman for the Indiana Department of Homeland Security said neither the fire marshal nor Homeland Security officials conduct inspections. And the city does not have the authority to inspect items on state property.
A judge Monday declined to halt Indiana's broad new school voucher program, saying the law was "religion-neutral" and likely to be upheld.
As the fair reopened Monday, investigators and the families of the dead and injured were still seeking answers to hard questions: Was the structure safe? Why were the thousands of fans not evacuated? Could anything have been done to prevent the tragedy?
A local developer has a new plan for a prime Lockerbie parcel where ambitious development proposals have fizzled in the past, IBJ reported in print and at IBJ.com.
The defense contractor notified state officials on Monday that the job cuts are a result of its decision to relocate the HR Access and Transportation Worker Identification Credentials programs.
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
At least three major grocery store chains have recalled some of their ground beef packages because they could be contaminated with E. coli bacteria. Kroger Co., Winn-Dixie Stores Inc. and Publix Super Markets Inc. announced the recalls mainly in the southeastern United States and said they stem from problems at the National Beef Packaging Co. of Dodge City, Kan. The meat also was distributed to meat-packing companies in Detroit and Indianapolis, and to Wal-Mart operations in Indiana, Pennsylvania and Wyoming, National Beef said. Kroger’s recalled products include ground chuck, ground beef patties, and meatballs and meatloaf made in the stores.
If Peyton Manning isn't ready to start the regular season, Brett Favre would be a guy who could keep the team's Super Bowl hopes alive this year.
Indiana Gov. Mitch Daniels told hundreds of people who gathered Monday for a service to remember five people killed when a stage collapsed at the Indiana State Fair that the tragedy has broken the hearts of the state's residents.
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
Anthem Blue Cross and Blue Shield of Indiana spent nearly 77 percent of its individual insurance premiums on medical bills in 2010. The percentage was incorrect in the Aug. 8 Health Care & Reform Weekly.
Remember when physicians were highly suspicious of retail clinics in drugstores' stealing business from them? Well, now that docs are employed by hospitals, the clinics are being embraced. Indiana University Health announced last week that its physicians will serve as medical directors for 19 MinuteClinic locations, including 17 in the Indianapolis area, one in Bloomington and one in West Lafayette. The clinics are in CVS drugstores, as the company is a subsidiary of Rhode Island-based CVS Caremark Corp. Signs at the clinics will indicate the affiliation with IU Health. The organizations are linking their electronic medical record systems so that, with patient permission, records could be transferred easily from MinuteClinic to an IU Health physician, especially for patients needing more care than MinuteClinic can provide. However, MinuteClinic nurse practitioners will also send patient records to non-IU Health physicians if the patient wishes. The IU Health deal is the 11th hospital partnership signed by MinuteClinic across the country.
Eli Lilly and Co. could get an earlier-than-expected ruling from the U.S. Food and Drug Administration on its once-weekly version of Byetta. The FDA said it would render a decision on the new diabetes drug, called Bydureon, by Jan. 28, Lilly announced last week along with its partners, California-based Amylin Pharmaceuticals Inc. and Massachusetts-based Alkermes Inc. Bydureon would be a once-weekly injection of exenatide, the same compound in Byetta, which currently requires twice-daily injections. Byetta has proved effective at controlling blood sugar and even helping some patients lose weight. But concerns about it include causing pancreas problems and then competition from a similar once-daily drug called Victoza, launched by Denmark-based Novo Nordisk A/S. Lilly expected to receive approval for Bydureon in 2010, but the FDA required another study to test its effects on patients’ heart rhythms. When the new requirement was announced in October, Lilly said it expected approval of Bydureon to be delayed until mid-2012. Worldwide Byetta sales last year totaled $710 million.
A $10 million research endowment at the Eugene and Marilyn Glick Eye Institute has attracted seven new researchers to the Indiana University School of Medicine’s Ophthalmology Department. The department will move this month to a new building at 1160 W. Michigan St. The Glicks pledged a total of $30 million to the medical school—including $20 million that went toward the 80,000-square-foot building, which will house clinical research space, a full-service optical shop and the ophthalmology outpatient clinic. The clinic, which is moving from University Hospital, will double in size. The local philanthropists hoped their gift would vault IU into the top 10 for research and prevention of eye disease.
The trade group Indiana Health Industry Forum added Eric L. Marr, CEO of Diversity Accords LLC, to its board. Diversity Accords operates a network of minority-owned and women-owned suppliers to help large companies do business with them.
Ohio-based Hylant Group named David Norris to lead the employee benefits practice in its Indianapolis office. Norris led the Indianapolis office of Allied Group Insurance Services, or AGIS, until Hylant acquired its book of business in July.
The governor says he wants to see the percentage of adult Hoosiers who smoke drop to 20 percent by the end of his term. A recent report put the state's smoking rate at a historic low of 21.1 percent.
