Economy bolts forward 5.7 percent in fourth quarter
There’s more evidence that the recession is over, as businesses restock inventories and both corporate and consumer spending
increases.
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Job cuts begin at east-side steering parts plant
Fifteen employees at an east-side automotive plant operated by a Ford subsidiary will lose their jobs on March 31. More job
cuts are expected, as the factory prepares to close by the end of 2011.
Mobile lab maker Biologics to create 50 jobs in Brownsburg
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
Senate OKs bill to eliminate township boards
The Republican-controlled Senate voted 29-19 Thursday for a bill that would eliminate township boards and transfer their duties
to the county level starting in 2013. It now moves to the Democrat-led House for consideration.
Constitutional ban on gay marriage may not go far
The Republican-controlled Indiana Senate has approved a proposal that eventually could lead to a constitutional ban on gay
marriage and civil unions in Indiana.
City of Greenwood might fund launch of insulin maker
Greenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin,
a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal
that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
Cantaloupe unveils newest e-mail marketing product
Local technology firm’s VideoHere system allows companies to embed videos in their marketing e-mails.
St. Vincent to buy Care Group, city’s largest cardiology practice
St. Vincent Health is near an agreement to take over The Care Group LLC, the city’s largest independent physician practice
and largest cardiology group in the nation.
Independent bookstore in Carmel ends seven-year run
The Mystery Co. in the Arts & Design District plans to host a farewell party Jan. 30, and close for good a few
days later.
Litigation slows entrepreneur behind laser weapons, flying scooter
Anderson entrepreneur Pete Bitar has been slowed by litigation but still plans to spearhead a team in the competition to
put a rover on the moon.
Apartment developer investing $100M in Hamilton projects
Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
TrendyMinds signs ad deals, extends pact with NASCAR’s Harvick
Agency to handle public relations and advertising for Cincinnati Bell’s three markets
State sells $300 million in Tax Anticipation Notes
The proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
Contest will honor centenarians who still work
Last year, Virginia-based Experience Works recognized 101-year-old attorney Jack Borden of Weatherford, Texas.
Trade group TechPoint calls for Mira Awards nominations
TechPoint is now accepting nominations for its 2010 Mira Awards.
Health care reform will go on regardless of federal government
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health
care industry, reform is a reality that isn’t going to die.
Daniels revives push to merge PERF, TRF pension funds
Gov. Mitch Daniels wants legislators to revive a merger of the Indiana Public Employees Retirement Fund and the Indiana
State Teachers Retirement Fund. He says the move could save up to $50 million a year in fees.
HICKS: So far, federal stimulus plan isn’t stimulating
It has been roughly a year since the passage of the economic stimulus, formally the more harmonious American Recovery and
Reinvestment Act. This stimulus is a textbook example of what we economists call counter-cyclical fiscal policy.
A tale of two quarterbacks: Sizing up Manning and Brees
From their career paths to their paychecks, Indianapolis Colts quarterback Peyton Manning and New Orleans Saints signal
caller Drew Brees are miles
apart in many ways. But there also are some intriguing parallels between the men who led their teams to Super Bowl XLIV.
HAUKE: It’s too early to panic about latest market woes
The market gets a little roughed up and, all of a sudden, everyone is scurrying into the corner like roaches when the lights
are turned on.