Watchdog groups ask U.S. attorney to probe utility case
Two private watchdog groups have asked the new U.S. attorney in Indianapolis to investigate an ethics flap that has embroiled the Indiana Utility Regulatory Commission and Duke Energy.
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IU offering master’s degree in event tourism
The Indiana University School of Physical Education and Tourism Management at IUPUI will begin accepting students for the program next fall. The chairman of the school says the new degree fits well with Indianapolis’ mission to be a convention destination.
Home Health Depot acquires Arcadia subsidiary
The division purchased by Home Health Depot markets and sells home health related items via mail and online. Terms of the deal were not disclosed.
ITT profit soars despite drop in new-student enrollment
ITT Educational Services Inc.’s third-quarter profit of $93.2 million handily beat the expectations of Wall Street analysts, but the company suffered its first decline in new-student enrollment since the recession began.
Lilly raises forecast after beating third-quarter profit estimates
The Indianapolis-based drugmaker reported a profit of $1.3 billion in the quarter ended Sept. 30, up 38 percent compared with last year. Excluding extraordinary items from a year ago, Lilly’s profit was up 2 percent.
USA Track & Field hit with wrongful termination suit
Former USA Track and Field CEO Doug Logan filed a wrongful termination lawsuit against the governing body Wednesday, seeking payment after suddenly being fired last month following a 26-month tenure.
Lilly suspends clinical trials after diabetes treatment fails
Eli Lilly and Co. and its development partner said an experimental diabetes treatment failed to help patients in a late-stage study, the second setback for a Lilly diabetes drug candidate in two days.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Farmland sales go flat in suburban Indianapolis
The real estate bust and a drought in transactions make values all but impossible to gauge.
Indiana agency paying law firm $5.25M to sue IBM
Barnes & Thornburg of Indianapolis was hired despite several conflicts of interest arising from the fact that it also represents former IBM partners involved in the welfare deal.
Canadian company plans to create 175 jobs in Miami County
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.
State getting $25M to clean up old GM sites
Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.
Man captured after high-speed chase
A man is in custody after he led state and local police on a high-speed chase overnight. Indiana State Police say the suspect sped off after they tried to pull him over for speeding on Interstate 465. The chase ended on the lawn of a home near 42nd Street and Edmondson Avenue on the northeast side about 1 a.m. Police said the man is a suspect in multiple robberies around Indianapolis.
Armed robber hits two Fishers spots
Fishers police are investigating two armed robberies that happened within minutes of each other Tuesday night. The first happened shortly before 10 p.m. at the Crystal Flash gas station in the 11500 block of Allisonville Road, where a man in all-black clothing got away with an undisclosed amount of cash. Two minutes later, police received word that the O’Reilly Auto Parts store just two blocks south of the Crystal Flash also had been robbed at gunpoint. The description of the suspect in both robberies matched.
Colts punter arrested in Broad Ripple
Indianapolis Colts punter Pat McAfee was arrested early Wednesday morning in Broad Ripple for public intoxication after taking a dip in the Central Canal. Following a complaint, police found McAfee, 23, sitting on the corner of Broad Ripple and College avenues with no shirt on, smelling of alcohol and soaking wet. His blood alcohol level was tested at 0.15, nearly twice the legal limit. The Colts said they were aware of the arrest and looking into the matter before taking any action.
Investors brace for ITT’s plan to survive new regulations
The Carmel-based for-profit educator stands to suffer a bigger impact than its peers from new regulations proposed by the U.S. Department of Education, which have already forced the industry behemoth to slash its forecasts.
Also this week
University of Indianapolis music professor Pete Schmutte and theater professor Brad Wright try their hands at an original musical with “Shame,” based on “The Scarlet Letter.” It runs Oct. 22-30 at the university’s Ransburg Auditorium. Details here.
Ben Folds plays Clowes Hall Oct. 23. Details here.
Actors from the London Stage offer their minimalist production of "A Midsummer Night's Dream," Oct. 22-23 at the Basile Theater of the Indiana History Center. Details here.
On Oct. 23, Brian Regan brings his stand-up to the Murat Theatre at Old National Centre. Details here.
The Script and Joshua Radin take the stage at the Egyptian Room at Old National Centre, Oct. 25. Details here.
“America’s Got Talent Live”
Oct. 22
Clowes Hall
I’m no fan of Jerry Springer—who hosts both the TV show and the tour—but I am a fan of the variety-show format. That largely bygone arrangement allowed for a wide range of performers to appear, exposing audiences to forms of entertainment that they perhaps hadn’t even considered enjoying.
The “America’s Got Talent” program coming to Clowes includes opera and pop singing, ballroom dancing, stunt-bike riding and more. A likely highlight: the black-light illusions of Fighting Gravity—one of those acts that Vegas builds whole theaters around. Details here.
“The Seasons Project”
Oct. 23
Loeb Playhouse, West Lafayette
Speaking of seasons, Vivaldi’s “The Four Seasons” is paired with “The American Violin Concerto no. 2,” by Philip Glass, in this performance by the Venice Baroque Orchestra. Robert McDuffie, who commissioned the latter piece, is the featured violin soloist. Details here.
Frankie Valli and the Four Seasons
Oct. 21
Murat Theatre at Old National Centre
Long before there was the Broadway bio-show “Jersey Boys,” there was Frankie Valli and the Four Seasons. And while the stage musical left town months ago, the “Walk Like a Man” man himself will be playing the same theater that hosted his Broadway counterpart. Details here.