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Ever wonder why acquisition-minded CEO John Lechleiter has been cool to the idea of Eli Lilly and Co. buying Amylin Pharmaceuticals Inc., Lilly’s partner on the diabetes medicine Byetta? One reason might be that Lilly is developing its own entrant into the promising new class of GLP-1 diabetes drugs, which was pioneered by the 2005 […]
Preparations for the 2012 Super Bowl are apparently immune from the economic problems dogging Indianapolis these days. NFL vice president Frank Supovitz told city and business leaders yesterday that the city has exceeded other host sites in terms of financing and prep work. “When Indianapolis came in to present itself for the Super Bowl, all […]
The Supreme Court on Tuesday cleared the way for Chrysler’s partnership with Italy’s Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker’s sale. The sale of Chrysler LLC’s assets to Fiat Group SpA had been expected to close more than a week ago, […]
Southern Indiana commercial furniture manufacturer Jasper Group notified the state’s Department of Workforce Development this week that 110 employees will lose their jobs in August when the company closes its Batesville plant. In addition, the Jasper-based company, which had about 650 employees before the announcement, told the Batesville Herald Tribune that it would shut down […]
Midwest Independent Transmission System Operator Inc. in Carmel announced today that it will create nearly 70 new jobs within the next five years. The company, which manages the flow of electricity for its member utilities in 13 states and a Canadian province, plans to invest about $110 million to upgrade computer equipment and software at […]
Home-sale agreements in the nine-county Indianapolis area remain well below levels of a year ago, according to a report released today by F.C. Tucker Co. Normal 0 false false false MicrosoftInternetExplorer4 Pended home sales in May were down 11 percent from the same month a year ago, falling from 2,501 to 2,227, the Indianapolis-based […]
Current and former workers at Eli Lilly and Co. have narrowed the scope of their racial discrimination lawsuit against the Indianapolis-based drug company. Lawyers for the workers asked a judge in U.S. District Court in Indianapolis today to accept a third amended complaint that charges Lilly with discrimination in pay and promotions against African-American employees. […]
Two teen-agers have died less than seven hours apart in separate auto accidents in Hamilton County. Officers say an 18-year-old was driving east on State Road 32 in Westfield with four passengers aged 14 to 18. They tried to pass a vehicle when the driver lost control, went into a ditch, flipped and hit a […]
Home-sale agreements in the nine-county Indianapolis area remain well below levels of a year ago, according to a report released today by F.C. Tucker Co. Pended home sales in May were down 11 percent from the same month a year ago, falling from 2,501 to 2,227, the Indianapolis-based real estate company said. Year-to-date, the decline […]
Police have released sketches of persons of interest in last week’s triple homicide on the east side of Indianapolis. Investigators want to talk with two men in the murder of three people at Cedar Ridge apartments. A prayer vigil will take place at 2 p.m. today at the site of the homicides. Fox 59 will […]
Michael Zinermon faces 20 years in prison for selling heroin to Veterans Hospital employees, who then sold the drugs to patients, according to a plea deal reached in the case. Prosecutors say Zinermon and Ronald Northington supplied heroin to co-workers at the Roudebush Veterans Affairs Medical Center. A third man in the case, Marcus Harris, […]
The closing of a local home for abused and neglected children has been postponed by the Marion County Commission, which conducted a special meeting this morning regarding the Children’s Guardian Home. The commission had previously voted for its closure, saying it costs too much to run. Last night, the City County-Council submitted a plan to […]
A plan by Indiana House Democrats to cap funding for charter schools was criticized yesterday by U.S. Secretary of Education Arne Duncan.Duncan said states that place limits on charter schools will jeopardize their chance to get an expected $100 million from a pot of money set aside for public school reforms under the stimulus bill […]
Two weeks after National Football League officials announced teams can sell an ad on players’ practice jerseys, things are heating up at the Indianapolis Colts’ 56th training complex—also home to the franchise’s sales…
The state’s largest teachers union plans to lay off dozens of employees in the wake of a financial crisis that spurred investigations of its troubled insurance trust. Union officials representing two groups of workers at the Indiana State Teachers Association say at least 35 people will lose their jobs after 60 days notice. A third […]
Yesterday, the London Times published a list of the top 200 artists since 1900. The rankings were based on over 1.4 million votes.
Before you click over and take a look, let’s have some fun:
1. See how many of the top…
Local accounting firm London Witte Group LLC’s decision last June to take a chance on an empty midtown office building is suddenly looking like a winner. The former Grain Dealers Mutual Insurance building at 18th and Meridian streets is now essentially fully leased thanks to an agreement by Clarian Health Partners to occupy the bulk […]
Freshmen entering college in 2011 might want to bone up on their math skills. Normal 0 false false false MicrosoftInternetExplorer4 Both Purdue University and Indiana University are raising math requirements for those entering college in 2011. Purdue will require all incoming students to have taken four years of math in high school, making its math […]
Democrats who control the Indiana House plan to outline their priorities for a new state budget that would cover one year of state spending instead of a typical two-year plan. Normal 0 false false false MicrosoftInternetExplorer4 The Democrat-led House Ways and Means Committee is scheduled to meet informally today, two days before a special legislative […]
The Indiana State Teachers Association and the National Education Association say they’ll scrape up enough cash to pay 650 people receiving long-term disability benefits from the state union’s troubled insurance trust. ISTA previously said it didn’t have enough money to cover the long-term disability claims, which could cost $45 million to $65 million over the […]
