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Main articles Related-party loans pile up at Durham-owned finance firm FBI serves search warrants on Durham-owned companies Brizzi dropped plan to serve on board of Durham company Feds seek seizure of Durham’s assets Disclosures key to feds’ probe of Durham’s Fair Finance SEC probing Durham deal with Texas firm Durham enlisted directors with personal, financial […]
But excluding special charges, Warsaw-based orthopedic implant maker grows profits 5 percent, easily beating expectations
of Wall
Street.
The Indianapolis-based drugmaker says a weaker dollar depressed earnings in the fourth quarter compared with a year ago.
A partnership between Indiana University School of Medicine and a medical school and hospital in Kenya has received an additional
$5 million grant from the U.S. Agency for International Development to expand health care services in the African nation.
Like most companies that make thousands of parts in automobiles, Elkhart-based CTS Corp. was virtually unknown to the average
car buyer. That was until its gas pedal was blamed for big problems with some very popular cars.
The bill would require pet stores to put information about the dog or cat on its cage in the store, including the animal’s
medical history, the name of the breeder and any congenital disorders.
Locally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed
to beat Wall Street expectations.
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
From hundreds of candidates, IBJ has identified 40 budding superstars from the central Indiana business community.
This year’s Forty Under 40 class is a high-flying group of achievers with careers ranging from
entrepreneur to corporate executive, attorney to not-for-profit leader, banker to Division I college basketball
coach.
The committee endorsed legislation that would prevent the state’s public schools from starting classes before Labor Day.
Drug distribution firm that acquired former WellPoint subsidiary plans to consolidate specialty pharmacy work at local
airport facility.
Investigators say the president of a central Indiana parent-teacher organization admitted to using the group’s debit card
for personal purchases. Officials at Maplewood Elementary were first tipped off by several purchases Angela Evans made at
a tractor supply store. She eventually confessed to using the card for her own purchases, according to detectives. In all,
she’s accused of making nearly 80 unauthorized charges adding up to more than $4,000 over seven months.
A former Tippecanoe County school bus driver won’t face criminal charges for leaving a student asleep on the bus earlier this
month. Instead, Matthew Sims was ticketed for failing to do a post-route inspection, prosecutors say. He could face a fine
up to $500. On Jan. 5, Sims returned to the bus depot with an 8-year-old girl asleep in the back. She woke up in freezing
temperatures and walked to a nearby drugstore for help. Sims was fired over the incident.
Firefighters pulled a woman from her burning home Tuesday night on the west side of Indianapolis. Investigators aren’t sure
how the fire started, but it broke out around 10:30 p.m. on West 37th Street. The victim, Diana Lewis, 57, was found unconscious
in a back bedroom. She is in critical condition at Wishard Hospital. Her husband and two children weren’t home at the time.
Fox59 will have more at 4 p.m.
Analysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
A Zionsville firm that manages employers’ wireless devices plans expansion, new jobs. Clients
include
such Fortune 500 companies as Intel, Oracle, Ford Motor Co.
In the minds of American consumers, Indianapolis Colts’ Peyton Manning and New Orleans Saints Drew Brees’ align with some
intriguing public figures.
Pendleton-based Remy International signs deals with Allison Transmission Inc. in Indianapolis and German automaker Daimler
AG to supply electric motors for hybrid systems. The agreements should help offset a loss of business from General Motors.
With Valentine’s Day approaching, a Purdue prof calls for sober due diligence before engagement rings find their
way onto fingers.
