Water bottler buys Plainfield distribution building
A California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
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Democrats eye insurance industry’s antitrust protection
Top Senate Democrats intend to try to strip the health insurance industry of its exemption from federal antitrust laws, according
to congressional officials, the latest evidence of a deepening struggle over President Barack Obama’s effort to overhaul the
health care industry.
Bristol-Myers Squibb plans 113 job cuts in southern Indiana
Drugmaker Bristol-Myers Squibb Co. plans to close one of its southern Indiana facilities and cut jobs at another.
Lilly reports $942 million profit in third quarter
Excluding special items, Eli Lilly and Co.’s earnings per share spike 22 percent on the strength of Alimta, Cymbalta and Humalog
sales. Lilly’s revenue rose 7 percent in the quarter over the same period of 2008,
to $5.56 billion.
NCAA: Just 21 percent of athletic departments profitable
Most of the nation’s college athletic departments are still trying to get out of the red zone.
Lawmakers: Welfare subcontractor ACS under scrutiny
Lawmakers said Tuesday that Indiana welfare subcontractor Affiliated Computer Services Inc. will come under closer
scrutiny now that Gov. Mitch Daniels has fired IBM Corp. from the project.
Panel rejects major alcohol sale proposals for state
An Indiana legislative committee recommends carryout sales of alcohol remain banned on Sundays, and liquor stores stay the
only place to buy cold beer.
City seeks ideas to privatize stadium, convention center operations
The city of Indianapolis is considering ways to get out of the professional sports stadium and convention center management
business.
Cook: Tax could kill 1,000 jobs in Bloomington
Bloomington-based Cook Group Inc. could find itself cutting as many as 1,000 local jobs if Congress enacts a tax on
medical devices to pay for health care reform, company founder Bill Cook said in an interview.
Fewer home-building permits signal weakness ahead
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
A harrowing tale of decline
Telling a story about a company and a union that both feared the future, and fought to a bitter draw.
Vincennes plant hiring 150 to make glass for military
Schott North America plans additional production at its southern Indiana factory after winning a contract to make specialty
glass for military vehicles.
Emmis on way to avoiding stock delisting
Indianapolis-based media company Emmis Communications Corp. is halfway home to maintaining its listing on the NASDAQ stock
exchange.
New coffee shop named for Fletcher Place founder
Local investors have opened a new coffee shop in Fletcher Place they plan to turn into a not-for-profit to raise money for
local charities.
Medco plans to compare Plavix, Effient in study
Medco Health Solutions Inc. said Tuesday it will compare the blood thinner Plavix, the world’s second-best selling drug, with
Effient, a potential blockbuster drug sold by Indianapolis-based Eli Lilly and Co.
Purdue’s slow-growth investments paying off big
Purdue basketball coach Matt Painter has used a slow-growth, high-yield formula to build the Boilers into a top-five program.
Law firm sticks with unconventional space
With its expansion last month into the historic Eden-Talbott House at 1336 N. Delaware St., the local environmental law firm
Plews Shadley Racher & Braun now owns and occupies three historic homes and a 1950s-era office building in the same block.
Cook calls for new approach to health reform
Founder of medical device firm says Congress should fund network of low-cost clinics.