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Cook blasts slow commercialization process-WEB ONLY

May 14, 2009

Scott [email protected] Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way. That’s the message Bill Cook, one of the state’s most successful businessmen, delivered this morning at the fourth and final event of the 2008-09 Indiana Life Science Collaboration Conference Series at […]

Some want to put brakes on phone use in cars-WEB ONLY

May 14, 2009

Indiana legislators recently approved cell-phone restrictions for drivers under the age of 18, but some say those rules should apply to all drivers. In fact, several states are taking action to protect people from drivers on cell phones. Fox 59 will have more at 10 p.m.

Lilly CEO: Obama plan hurts innovation-WEB ONLY

May 14, 2009

Eli Lilly and Co. CEO John Lechleiter said during a speech today in Washington, D.C., that he opposes the public-plan option at the center of President Barack Obama’s health care reform principles. He also warned that the “comparative-effectiveness” research of medical treatments, which received vast funding in Obama’s February stimulus bill, could go wrong if […]

Electric truck project could yield 1,600 jobs-WEB ONLY

May 14, 2009

A recreational vehicle company plans a joint project with an electric engine maker in northern Indiana to begin producing what they say would be the first light-duty electric pickup truck. Executives from Gulf Stream Coach and Electric Motors Corp. announced the project today in the Elkhart County town of Wakarusa. The companies said they planned […]

Chrysler seeks termination of 3 Indy dealerships-WEB ONLY

May 14, 2009

Chrysler LLC has asked a federal bankruptcy court in New York to terminate the franchises of three of its Indianapolis dealerships and 17 others in Indiana, according to records the automaker filed in court today. Axed locally would be Palmer Dodge Inc., 4545 E. 96th St.; Palmer Dodge West, 5051 W. Pike Plaza Road; and […]

“Ben Hur”(in Latin) and more

May 14, 2009

Time to empty the arts notebook:

 –On the short list of bestsellers penned by Hoosiers is 1880’s Biblical epic “Ben Hur,” by Lew Wallace. Well, now it’s coming to the stage in London…in Latin and Aramaic. Click here for more…

Business groups criticize new jobless-fund law-WEB ONLY

May 14, 2009

Gov. Mitch Daniels signed legislation yesterday that proponents hope will ultimately fix Indiana‘s bankrupt unemployment insurance fund. But critics say the law will be far too costly for businesses and cost the state jobs. The bill approved by the General Assembly last month will dramatically increase unemployment taxes on employers but will not cut benefit […]

New jobless claims rise more than expected-WEB ONLY

May 14, 2009

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week. The U.S. Labor Department said today the number of new claims rose to a seasonally adjusted 637,000, […]

Handmade bike show rides away

May 14, 2009

North American Handmade Bicycle Show, we barely knew ya. After one year in Indianapolis, the unique event—which drew 150 exhibitors and 7,200 attendees to Indianapolis Feb. 27-March 1—is vacating for Richmond, Va. The…

Biomet settles 24 patient lawsuits-WEB ONLY

May 14, 2009

An Indiana medical device maker has told shareholders it is settling two-dozen lawsuits against Dr. John King, the one-time West Virginia osteopath at the center of scores of malpractice claims. Warsaw-based Biomet Inc. has reached agreements with 24 of 27 plaintiffs who sued over bone stimulators made by its EBI subsidiary and allegedly implanted by […]

Dana lays off 115 at Fort Wayne axle plant-WEB ONLY

May 14, 2009

A union leader says Toledo, Ohio-based Dana Holding Corp. has laid off nearly half of the employees at its Fort Wayne axle plant, due to the temporary shutdown of Chrysler plants. United Steelworkers Local 903 president Denny Leazier said 115 of the plant’s 280 employees were notified that they would be idled. He said the […]

Quarterly, yearly losses widen for Emmis-WEB ONLY

May 14, 2009

Emmis Communications Corp. this morning reported a big fiscal fourth-quarter loss as revenue fell 20 percent from a year earlier. The Indianapolis-based radio-broadcasting and magazine-publishing company lost $158.5 million, or $4.29 per share, in the fourth quarter ended Feb. 28 on revenue of $68.5 million. That compares to a loss of $18 million, or 52 […]

Daniels signs bill designed to fix jobless fund-WEB ONLY

May 13, 2009

Gov. Mitch Daniels has signed legislation designed to fix Indiana’s bankrupt unemployment insurance fund. The bill approved by the General Assembly in April will dramatically increase unemployment taxes on many employers but would not cut benefit payments. Proponents say it also will close loopholes in the system and make other changes to save money. Daniels […]

ArcelorMittal laying off nearly 1,000 in Indiana-WEB ONLY

May 13, 2009

Steel producer ArcelorMittal plans to indefinitely lay off 978 workers from a northwestern Indiana plant. The world’s largest steel maker said it will stop iron-producing operations at its Indiana Harbor West mill until market conditions improve. Another blast furnace at Burns Harbor will remain in operation. Luxembourg-based ArcelorMittal blamed the “extraordinary economic environment” for the […]

One arrested in alleged purse-snatching ring-WEB ONLY

May 13, 2009

Police have made an arrest in a purse-snatching ring that targeted older women in Indianapolis. Investigators believe Laritha Martin and five other female accomplices searched store parking lots for older women, followed them home and robbed them. Police say they found purses from multiple victims inside Martin’s home on North Carrolton Avenue. They are still […]

Utility companies warn of central Indiana scam-WEB ONLY

May 13, 2009

Officials from Citizens Gas and Indianapolis Power & Light are warning customers about a fraudulent utility-bill scheme in the Indianapolis area. Customers should not give money to anyone offering to pay a bill for them, or to anyone offering to provide matching energy-assistance funds, they said. If you receive an unsolicited offer to cover the […]

Judge: No beef in Zyprexa expert’s testimony-WEB ONLY

May 13, 2009

Dr. Hamburger can no longer blame Zyprexa for making you fat. At least he can’t as part of lawsuits brought by patients against Zyprexa’s maker, Indianapolis-based Eli Lilly and Co. Zyprexa treats schizophrenia and bipolar disorder. Federal Judge Jack B. Weinstein in Brooklyn, N.Y., yesterday decided to exclude the expert testimony of Dr. Stephen Hamburger, […]

Arkansas explosion kills 3 Hoosiers-WEB ONLY

May 13, 2009

Three Indiana men were killed when a fuel-storage tanker exploded yesterday afternoon near Little Rock, Ark. The victims were all contract welders, employed by Kentucky-based C & C Welding. Two of the victims, Stoney Powell, 45, and Roy Mathis, 60, were from Wheatfield and the other, William Decker, 48, was from Scottsburg. Fox will have […]

Saturated sub-sandwich market awaits Firehouse-WEB ONLY

May 13, 2009

Firehouse Subs said yesterday it plans to open its first store in the Indianapolis area this summer, with as many as 27 more to follow within the next seven years. But a local retail real estate broker who once owned several franchise restaurants thinks an already saturated sub-sandwich market will make it difficult for the […]

Cardinal execs depart as Clarian takes over-WEB ONLY

May 13, 2009

Top executives at Muncie-based Cardinal Health System are heading out the door as the hospital continues its integration with Indianapolis-based Clarian Health. Three executives will retire by the end of the May, Cardinal announced today, and CEO Kelly Stanley will retire at year’s end. Also, Stanley’s assistant, Karen Swank, will retire at the end of […]

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