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Lilly, others cut U.S. tax bills through transfer pricing
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
Duke Energy: Stimulus funds will save or create 1,000 jobs
Duke Energy has signed the agreement to formalize the $204 million in economic stimulus funds it will receive from the federal
government, the power provider said Thursday.
Work on northern Indiana hospital could start June 1
Community Health Systems plans to build a five-story, 250-bed hospital at the corner of U.S. 6 and Indiana 49 in Vaparaiso.
Construction is expected to cost about $225 million.
Renamed Conseco OK with less-flashy future
CNO Financial Group Inc., known as Conseco Inc. until May 11, has become almost the polar opposite of what it was under flashy co-founder
Steve Hilbert. Instead of high-octane growth driven by merger deals, CNO Financial has returned to profitability
by selling low-dollar products and emphasizing low-cost operations.
Duke Energy downsizes smart-grid plans
Duke Energy has dramatically scaled back its proposed “smart” electric grid rollout, five months after regulators rejected
an initial, $445 million plan.
IU targets tech-transfer gap
Indiana University is showing signs that it’s finally serious about translating research into commercial product, through
grants it is awarding via its $10 million Innovate Indiana Fund and by developing a computing technology mini-campus.
MZD wins account to market new diesel fuel product
The Indianapolis agency will start by producing Prime Lube’s materials for the upcoming Atlantic Regional Energy Expo trade
show.
Simon biding its time after failed bid for rival
Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.
SKARBECK: Exchanges’ proposed fix for glitch is ludicrous
Is investing becoming a technology-rigged game for computerized gamblers who rent stocks for seconds or minutes and whose objective is to repeatedly skim small profits?
STYLE: Upcoming book explores retail icon L.S. Ayres
I wish I hadn’t missed the days when Nordstrom’s Manhattan outpost would’ve been a gleaming tower of polished consumerism,
complete with elevator operators and too many shoe salesmen.
HICKS: Learn from Greece and live within your means
Greece will enter a generation of austerity in which its best and brightest young people will leave for Europe or America.
DINING: Off-the-trail eatery excels
My soiled shirt was a reminder of the best fish tacos I’ve had outside my dad’s kitchen.
Resurgent Finish Line eyes plan for cash hoard
Finish Line Inc. is working to deploy the money it has built up through cost-cutting. The 684-store
chain plans to reinvest in its core business, return cash to shareholders through higher dividends and share repurchases,
and diversify its business.
LOU’S VIEWS: Phoenix premiere is more than a John Prine tribute show
This week, a tribute that transcends at the Phoenix Theatre, plus thoughts on this year’s Spotlight benefit.
Indianapolis firm acquires major four-wheel and off-road show
The Promotion Company Inc.â??Family Events announced it has acquired the Off-Road Expo from California-based Advanstar Communications.
Officials: Despite expansion, convention center needs work
Seven months before the $275 million expansion of the Indiana Convention Center is complete, convention planners and local
convention and tourism officials are calling for an upgrade to the existing Convention Center space.
Fort Wayne’s Wyss tops ranking of business-friendly lawmakers
Speaker Pat Bauer get the lowest ranking in the state chamber’s analysis.
