Questions remain about Big Ten tournament’s future in Indy
Despite a 20 percent attendance increase at this year's men's Big Ten tournament at Conseco Fieldhouse, there are still cities looking to steal the event from Indianapolis.
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Former Summit House apartment tower sold
The landmark apartment building at 38th and Meridian streets formerly known as Summit House has been purchased by a pair of Chicago investors who plan to invest “a significant amount of capital” into the 20-story tower.
$18.9M Navy contract boosts Raytheon’s local facility
Raytheon Technical Services Co. LLC will make guided missile launchers for the U.S. Navy at its Indianapolis avionics development
center, the Department of Defense announced Monday.
Lilly buys right to underarm lotion for low sex drive
Eli Lilly & Co., the maker of the impotence pill Cialis, bought exclusive rights from Australia’s Acrux Ltd. to
an underarm testosterone lotion called Axiron for men with limited sex drive due to low levels of the hormone.
Indiana health group gets $10.3M in stimulus funds
Indiana Health Information Technology Inc. will use the money to electronically link the medical records of Indiana's
five health information exchanges.
Lilly pays $50M-plus for rights to testosterone lotion
Indianapolis-based Lilly will pay Acrux of West Melbourne, Australia, a $50 million license fee, plus $3 million when manufacturing
assets are transferred, but the deal could be worth millions more.
WellPoint affiliate ordered to pay $206K for transplant
Blue Cross of California has been ordered to reimburse a man $206,000 after he paid for his own liver transplant.
Pence: Not enough votes to pass health care bill
Indiana Rep. Mike Pence told a crowd of "tea party" supporters Monday that Democrats in Congress don’t have
enough votes to pass President Barack Obama’s health care reform legislation.
Daniels: Without recovery, schools face tough 2011
K-12 education in Indiana already has faced $300 million in reduced state funding this year as the state has cut spending
in the face of lower tax revenues.
Airport makes more executive changes
Airport’s new hires include Gov. Mitch Daniels’ chief legal counsel and a former Simon Property Group senior vice president.
WellPoint spent $1.2M lobbying government in 4Q
Indianapolis-based WellPoint Inc., the nation's largest health insurer based on membership, spent $1.2 million lobbying
the federal government in the fourth quarter of 2009 as it weighed in on several topics tied to the health care overhaul debate.
BlueLock plans $35.6 million investment, 118 new jobs
Indianapolis-based tech firm BlueLock LLC is poised to continue its growth spurt, planning a $35.6 million investment at its
north-side facility that could create 118 jobs. City planners have recommended approval of a 10-year tax abatement.
No buyers surfacing for former Winona Hospital
As of Monday morning, the Marion County Metropolitan Development Commission had received no bids to buy the property. MDC
is set to begin reviewing bids at its Wednesday meeting.
Old National Bank puts name on Murat Centre
The voice-mail system at the Murat already greets callers with this message: You have reached the Old National Center, a Live
Nation venue.
Biz leaders relieved over one-year payroll tax-hike delay
Legislators postponed a $400 million tax hike to shore up Indiana’s bankrupt Unemployment Insurance Trust Fund, but state’s
most
troubled employers still face automatic payroll tax hike this year.
Big Ten tourney attendance rises by nearly 20 percent
Organizers credit stronger ticket-selling efforts and new promotions for boosting attendance to more than 81,000, the highest
it’s been since the tournament became an annual event in Indianapolis.
Jailed dead woman concealed meth
Stephanie Braasch, an Argos woman who died last week in her St. Joseph County Jail cell, had three plastic bags containing
methamphetamine inside her body, an autopsy has found. Braasch, 23, had been booked into the South Bend jail March 7 on suspicion
of a drug offense, but was never formally charged. The St. Joseph County Prosecutor's office said the bags found in her
vaginal cavity were broken and leaking. The coroner's office has not determined a cause of death, pending completion of
toxicology tests.
Five in custody after alleged kidnapping
Indianapolis police detectives spent Sunday questioning a 23-year-old woman who said she was held against her will for 24
hours this weekend. The woman said she was taken from her Denny Street residence and forced to withdraw money from ATMs. Shortly
before noon Sunday, a witness at an east-side convenience store told police it appeared a woman was being held against her
will. Minutes later, officers stopped the woman’s Dodge Neon in the 400 block of Linwood Avenue. The victim was released,
and police took a man and woman into custody. Police also took three other men into custody and confiscated guns at the victim’s
home.