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Backers of the plan
said the work by the Central Indiana Transit Task Force amounts to a crucial private-sector endorsement
needed to finally proceed with a regional transportation system.
Indy Racing League officials must be wondering why so many more people tuned in to watch Danica Patrick race in a rinky-dink
stock car race than watched her race open-wheelers at 200 plus mph.
An Eastern Hancock County school teacher has been suspended with pay and charged with battery. Middle school teacher Steve
Hilton is accused of inappropriately touching seven of his young students. The girls, ages 11 and 12, told investigators that
Hilton would cause them pain by pushing on their pressure points. They say he touched their buttocks and even turned one upside
down in a trash can. Hilton was released from jail Tuesday after posting a $1,500 bond.
The shooting death of a Hamilton County teenager is being called a tragic accident. Carson Wallace, 16, was shot in the chest
Tuesday when a gun went off at his family’s home in Cicero. Wallace was in the garage with his 14-year-old brother when
the gun discharged. He was rushed to Methodist Hospital, but died during surgery.
A central Indiana community is mourning the death of a teenager who was killed Tuesday in a car-train crash caused by icy
roads. Titus Justus, 17, died when his truck slid into the path of a train in Fairmount. Justus was a senior at Mississinewa
High School and played on the varsity basketball team.
An Indianapolis police officer was treated on the scene after he lost control of his squad car Wednesday morning and slid
into the path of an SUV on West 56th Street in front of the Colts training facility. The driver of the SUV had minor injuries
and was taken to the hospital. The crash was just one of many this morning as drivers traveled slick roads. Conditions are
expected to improve throughout the day. Fox59 will have more at 4 p.m.
Dow AgroSciences CEO Antonio Galindez told investors Wednesday morning that the company plans to launch five products
by 2013 that could increase annual revenue by $800 million.
Dallas-based CLST Holdings Inc. has struggled, and its shares trade for a mere 9 cents apiece.
A judge has entered a preliminary not guilty plea for a former Indiana University basketball player charged in connection
with an ex-business partner’s multimillion-dollar fraud scheme.
A report set to be released Wednesday by local life sciences industry group BioCrossroads says Indiana companies providing
contract pharmaceutical research and manufacturing services are weathering the economic downturn and are growing.
The wider deficit in December reflects a rebounding economy that is pushing up demand for imports.
Lawyers for former UCLA basketball player Ed O’Bannon are promising to expose financial information about NCAA’s licensing
contracts the NCAA would rather keep private.
Officials in Seymour are protesting the announced closing of an Indiana State Police post in their city.
Pharmacy giant CVS will pay $1.95 million and verify that all of its pharmacists are licensed in Indiana to settle a state
complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores.
Community Health Network has promoted Jane Callahan, a registered nurse, to vice president for physician
services, although she will keep her key duties: physician recruiting, partnering and credentialing. Callahan, a 30-year veteran
at Community, is also president emeritus of the board of directors for the Indianapolis affiliate of Susan G. Komen for the
Cure.
Dr. Gerald C. Walthall, has been appointed chairman of the central Indiana regional board
of directors of the Sisters of St. Francis Health Services Inc. The Catholic hospital organization operates three hospitals
in Beech Grove, Indianapolis and Mooresville. Walthall is a retired ear, nose and throat doctor. He is medical director of
the St. Francis’ palliative medicine team in central Indiana.
It’s the most famous rate hike in the country now. And that’s not good news for WellPoint Inc.
The Indianapolis-based health insurer’s California subsidiary will raise customers’ premiums by as much as 39
percent this year, according to the Associated Press. That alarmed President Obama, who is trying to resurrect his health
reform efforts. He cited the WellPoint rate hike in his Sunday interview with Katie Couric on CBS. "That’s a portrait
of the future if we don’t do something now," Obama said. Also, Obama’s health secretary, Kathleen Sebelius, fired
off a letter to WellPoint, demanding an explanation. The Obama administration has no authority in the matter, and the California
insurance department says it can do nothing about a rate hike unless WellPoint’s pricing violates state rules. But California
Insurance Commissioner Steve Poizner is hiring an outside actuary to make sure WellPoint’s rate hike won’t breach
a state threshold that no more than 30 percent of premiums pay for overhead and profits. WellPoint, in a statement, blamed
the rate hike on the weak economy, which has reduced WellPoint’s customer base by eliminating 7 million jobs, and on
ever-rising costs for medical care. The rate hike "highlights why we need sustainable health care reform to manage the
steadily rising costs of hospitals, drugs and doctors," the statement said.
Eli Lilly and
Co. Chairman and CEO John C. Lechleiter received $16.4 million in total compensation last year, a 33.6-percent increase.
The rest of Lilly’s executive team got an average 25.4-percent pay hike. The majority of pay for the top five Lilly
executives came in the form of stock-based awards. But Lilly’s stock performance has been dismal the past two years. Indianapolis-based
Lilly faces a raft of patent expirations in the next five years that could sap more than half its current
revenue. On top of that, it has suffered numerous setbacks on bringing drugs to market. Therefore, investors
have sent Lilly’s stock price tumbling. Even counting Lilly’s substantial dividend, investors
suffered a 21-percent loss in value in 2008 and another 6-percent loss in 2009. By contrast, Lilly’s
profits have grown by double-digits each of the past two years.
Dublin, Ohio-based
health care products distributor Cardinal Health LLC says it plans to cut more workers at its
Indianapolis distribution center, bringing the number of recent layoffs to 49. Cardinal Health notified the state on Feb.
3 that it laid off 37 workers at the end of January and plans to lay off 12 more effective April 3. The center is at 6812
Corporate Drive on the city’s northwest side. The cuts eliminated 44 warehouse-operations associates, two operations
managers, two warehouse supervisors and an assistant administrator. About 25 employees will be left at the facility after
the layoffs.
VoCare Inc. wants $4 million in cash and tax incentives to open headquarters and call center it says could employ 300 people.
The City of Franklin is offering two vacant buildings for sale, including the 1936 post office that served as Franklin’s City
Hall from the early 1980s until 2008.
The City of Franklin is offering two vacant buildings for sale, including the 1936 post office that served as Franklin’s City
Hall from the early 1980s until 2008.
The Health & Hospital Corp. of Marion County got good news in its first round of borrowing to finance a new Wishard
hospital: The cost is less than expected.
