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UPDATE: Medco acquisition could lead to local consolidation
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
Pacers: Lockout won’t sting employees, ticket holders
The Indiana Pacers don’t plan to lay off staff, and they are promising to pay ticket holders cash, plus interest, if any NBA games are canceled during the upcoming season due to the lockout.
Borders liquidation another blow to retail real estate
Borders Group Inc.’s proposed liquidation will increase available U.S. retail space by about 6.3 million square feet as the industry struggles with near-record vacancy rates and stagnant rents.
NYC: “Catch Me If You Can” reviewed
Why so much scorn heaped on a show that should be hailed as one of the best new Broadway musicals in years?
ITT Educational continues enrollment, profit slide
In the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7 percent. But the company posted strong earnings per share by continuing to buy back shares.
Express Scripts to buy Medco for $29.1B in cash, stock
Express Scripts Inc. agreed to buy Medco Health Solutions Inc. for $29.1 billion to become the largest pharmacy-benefits manager in the United States. Both have central Indiana operations.
Schools group will help defend Indiana in voucher lawsuit
Institute for Justice is signing on to help Indiana defend against a lawsuit filed against the state's sweeping education changes.
Lilly profit falls, but forecast rises after second quarter
Second-quarter profit fell at Eli Lilly and Co., but the Indianapolis drugmaker beat the estimates of Wall Street analysts by a penny per share and raised its full-year profit forecast by as much as 10 cents per share.
MUTZ: Hoping reform chic sinks into the culture
It was the biggest turnout for an education event I have ever seen in Indiana.
LAGWIG: Here’s a pol who hires honestly and pays taxes
The firefighter and police unions set up pickets outside his home. He was re-elected in no small part as a result of his training as a Marine artillery officer.
FARGO: There’s a place for secrecy in government
There are slippery slopes, camels’ noses under tents, etc., that we fear will become too common if we budge on our opposition to secrecy. But secretly (oops), we also know that government has to keep some things quiet to keep us safe.
RUSTHOVEN: Coats, Lugar steering clear of extremes
Some in the GOP—quite unlike President Reagan, whose mantle they claim—prefer striking poses to striking a deal to achieve the possible.
FERGUSON: States’-rights crowd hurts small people
The debate over Medicaid funding and Planned Parenthood is about the access of poor people to health care. And about the right of the state of Indiana to assert the power to say where poor people can receive such health care services.
BONIFIELD: Bad laws now costing taxpayers in court
The focus of this session should have been on improving the economy and creating jobs. Instead, money, time and energy were wasted on red herrings.
KRULL: An ode to journalists felled by tech, economy
For many of the journalists whose jobs have fled or who are just barely hanging on, it is as if they are pilgrims whose church has abandoned them.
SWAYZE: Indiana needs a stronger chief executive
People are looking for accountability from elected officials these days—not just in Indiana but across the country.
HOWEY: Bauer, other aged House Dems should go
Thus, out of this blood, sweat, angst and smoke, we learned that this past spring, Bauer actually contemplated a run … for governor!
Indianapolis outpaces Atlanta pound-for-pound on tourism
With 1.8 million people, the Indianapolis area is only one-third the size of Atlanta, yet the area holds its own in conventions and tourism. Indianapolis, for example, has about half the convention space of Atlanta.
Tech district could boost Indianapolis’ convention business
The Indianapolis Convention & Visitors Association plans to attract more life sciences conferences.