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With no end in sight to the country’s job market woes, the U.S. House has agreed to give the jobless in a majority of states,
including Indiana, another 13 weeks of unemployment insurance benefits.
Evansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company
stock at $10 per share.
Two former Klipsch Group engineers plan to return to the market a brand of amplifiers famous among audio enthusiasts. Indy
Audio Labs, owned by Rick Santiago and Ted Moore, bought the Aragon and Acurus brands of amps, pre-amps and sound processors
from Klipsch and are planning a
2010 launch.
A new group expected to develop the orthopedic implants industry in Warsaw will be able to proceed now that Indianapolis-based
Lilly Endowment Inc. is putting $7 million behind it, according to an announcement this morning.
IBJ reporter Kathleen McLaughlin pays a visit to the Indianapolis Symphony Orchestra’s latest musical acquisition.
General Motors Co. will go to 24-hour operations at factories in Kansas, Michigan and Indiana to make up for production lost
due to a large-scale factory consolidation announced earlier in the year.
Health insurer WellPoint said today that it may trim some more jobs as part of a push to become more efficient next year.
Eli Lilly and Co. has agreed to confidential terms to settle lawsuits brought by seven states alleging the company illegally
marketed bestselling antipsychotic drug Zyprexa, Bloomberg News reported today.
James L. Isch, the NCAA’s long-time chief financial officer, has been named interim president of the association, replacing
Myles Brand, who died last week of pancreatic cancer.
Due to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
Business owners in southern Indiana’s Brown County are worried about a loss of visitors following the fire that destroyed
the Little Nashville Opry concert hall.
Biotechnology company Adolor Corp. said yesterday that it bought exclusive worldwide rights to Eli Lilly and Co.’s OpRA
III drug candidate, which has a range of potential uses.
Call it the American Idol-ing of art. Starting Sept. 23, what’s being billed as the world’s largest art prize competition
begins in Grand Rapids…with you as judge.
Two companies have announced plans that could mean about 200 jobs at factories in northern Indiana’s Elkhart County, which
has been among the country’s hardest-hit places during the recession.
Columbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.
Indianapolis has been selected to host a regional round of the 2013 NCAA men’s basketball tournament, the NCAA announced
today.
The Honda plant in southern Indiana that started production last year is now building cars for export from the United States.
Mead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
The Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to “take a leadership position” to help hospital leaders win voter approval for the project. The business trade group issued
a statement today endorsing the $754 million project, saying the hospital’s plan to finance the project is sound. Marion County
voters will have to approve the plan in a Nov. 3 referendum because Wishard’s parent organization, the Health & Hospital Corp.
of Marion County, will fund the project with bonds that will be backed by taxpayers in case of default.
