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Local electronics association to be acquired-WEB ONLY

The Indianapolis-based Mobile Enhancement Retailers Association, a not-for-profit trade group of automobile electronics specialty retailers, has agreed to be acquired by Boston-based InstallerNet Inc. InstallerNet is a technology services company that coordinates the installation of consumer electronics through a network of independently owned mobile and home electronics businesses. Under the proposal announced today, InstallerNet’s 2,000 […]

Phelps in two events at U.S. Nationals today-WEB ONLY

Michael Phelps hits the pool in downtown Indianapolis today in his biggest swim meet since the Beijing Olympics. Phelps will swim the 200-meter freestyle and 200-meter butterfly at the U.S. Nationals at the Natatorium at IUPUI. Phelps is remaking himself with a focus on the shorter events as he heads toward the 2012 London Olympics, […]

Dinosaurs take over Conseco Fieldhouse-WEB ONLY

The theatrical event “Walking with Dinosaurs” opens in Indianapolis today. Fifteen life-sized prehistoric creatures seemingly come to life in the show. The event runs at Conseco Fieldhouse through Sunday.

Churches trimming pay, cutting expenses-WEB ONLY

One of the nation’s largest Christian denominations is addressing the nation’s financial crisis with what it hopes will be a spiritual teaching moment as well as a cost-saver. Fifty United Methodist Church bishops in the United States will roll back their salaries by 4 percent next year in what Bishop Gregory Palmer of Springfield, Ill., […]

Departure ceremony held for local division-WEB ONLY

The Indiana National Guard held a departure ceremony for about 30 members of the 2,150th Fires Team this morning at the 38th Infantry Division Armory Support Facility on Minnesota Street in downtown Indianapolis. The unit will undergo several weeks of pre-mobilization training before departing for Iraq.

New security measures on tap for Indiana drivers-WEB ONLY

Motorists who renew their Indiana driver’s licenses or obtain new ones will have to present documents to prove their identities beginning next year. Bureau of Motor Vehicles Commissioner Andy Miller said today the one-time requirement is part of an effort to stem identity theft by complying with the 9/11 commission’s recommendations and federal law. Anyone […]

Lilly asks FDA to review weekly diabetes drug

Drugmakers Eli Lilly and Co., Amylin Pharmaceuticals Inc. and Alkermes Inc. said yesterday that the U.S. Food and Drug Administration
has accepted their application for the once-a-week diabetes drug exenatide.

Steak n Shake sales, traffic rise

Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.

IBJ movie night: “Zift”

The upcoming print issue of IBJ will include a preview of the Indianapolis International Film Festival, including our guide to the Best of the Fest. When that hits the stands, you’ll also find a rundown of Recommends, If You…

Lilly asks FDA to review weekly diabetes drug-WEB ONLY

Drugmakers Eli Lilly and Co., Amylin Pharmaceuticals Inc. and Alkermes Inc. said yesterday that the U.S. Food and Drug Administration has accepted their application for the once-a-week diabetes drug exenatide. Exenatide is the primary ingredient of Byetta, a treatment for type 2 diabetes. While Byetta is injected twice a day, the newer drug is intended […]

Indianapolis benefits firms merge

Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning. Terms of the
deal between Benefit Associates Inc. and Benefit Consultants Inc., in the works since March, were not disclosed.

HHGregg accelerates store-opening plans-WEB ONLY

HHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores within the next few years than previously expected. The Indianapolis-based electronics and appliances retailer now plans to open between 20 and 22 stores in fiscal 2010, which began March 31, up from previous estimates of […]

Indiana BMV to announce new security measures-WEB ONLY

The Indiana Bureau of Motor Vehicles says it will announce new security initiatives for driver’s licenses, permits and ID cards. Commissioner Andy Miller will announce the measures during a news conference this morning at the Indiana Government Center in downtown Indianapolis. The announcement comes about a month after BMV officials announced the arrest of a […]

Local benefits firms complete merger-WEB ONLY

Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning.Benefit Associates Inc. and Benefit Consultants Inc. revealed their plans to merge in March. Terms of the deal were not disclosed.The two companies have not selected a common name, and will continue to operate under both names “for the next few months,” […]

Dems defend pharma in health care debate-WEB ONLY

Health care reform is making for odd bedfellows. The pharmaceutical industry – which for two decades has given twice as much in campaign donations to Republicans as Democrats – organized a panel composed mostly of Democrats on Tuesday in Indianapolis to argue its position on health care reform. Former Democratic House Majority Leader Richard Gephardt […]

Steak n Shake sales, traffic rise again-WEB ONLY

Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter, which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the same period a year ago, it said. The Indianapolis-based burger chain reported the figures in […]

Nestle seeks tax break for Anderson plant-WEB ONLY

Nestle USA plans to ask Anderson’s City Council for a tax break on equipment for its expanded plant that it says will lead to the hiring of nearly 99 people. Nestle is scheduled to make the request tomorrow for a 10-year tax abatement on new equipment valued at $200 million. The break is worth about […]

New state law aims at fighting identity theft-WEB ONLY

Indiana says it will use a new law and improved services to better protect residents from identity theft. A new state law creates the crime of synthetic identity theft to specify that combining parts of the identities of into a hybrid, fictional person in order to commit fraud is a felony punishable by six months […]

Utilities favor federal carbon dioxide permit-trading plan

Resigned to inevitable government curbs on their carbon dioxide emissions, about
all Indiana utilities could do was say which poison they’d prefer to swallow. They’re closer to
getting their favorite poison, with the U.S. House passage June 26 of a bill that would create a market
for trading carbon dioxide permits.

Slumping crude oil prices drag stocks lower-WEB ONLY

Investors are sending stocks lower as another tumble in oil prices undermines the case for an economic recovery. Major stock market indexes skidded about 2 percent today as crude dropped for the fifth straight day, the latest indicator that investors think demand for energy and basic materials will remain soft. The Dow Jones industrial average […]