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Two drug companies, Pfizer Inc. and Eli Lilly and Co., spent hundreds of millions of dollars last year to raise awareness of a murky illness, helping boost sales of pills recently approved as treatments and drowning out unresolved questions – including whether it’s a real disease at all. Key components of the industry-funded buzz over […]
Twenty five years ago, Indianapolis rolled the dice, betting that building this town on sports—amateur and professional—would be a good way to shed the Nap-town image that had dogged the city. The gamble paid off for decades, but now it’s…
Arcadia Resources Inc., an Indianapolis-based provided of health care services, this morning reported a loss of $2.6 million on revenue of $35.2 million for its third fiscal quarter, which ended Dec. 31. The loss was 7.7 percent more than the company reported in the same period a year earlier. Arcadia provides home health care equipment, […]
South Dakota-based VeraSun Energy Corp. has asked a bankruptcy court for permission to sell most of its assets by March 31, including five plants to Valero Energy Corp. for $280 million, the company said last Friday. The agreement with Valero includes a key development site in the small Indiana city of Reynolds, and production facilities […]
When President Barack Obama visits northern Indiana today to promote his economic stimulus plan, an Indianapolis company will be on hand to help his effort. The owners of Greenway Supply Inc. have been invited by the White House to join Obama in a town hall meeting in Elkhart. Obama will promote the need for green […]
Military recruiters in eastern Indiana say their recruitment figures are on the rise, partly because recently laid-off workers are signing up with Uncle Sam. Some laid-off workers have visited the U.S. Army’s recruitment office in Richmond to inquire about military careers, said Sgt. Greg Lynch, an Army recruiter. “Yes, our numbers are up, and I […]
Rising consumer demand for locally grown, organic produce is fueling a surge in the number of small Indiana farms, boosting their numbers nearly 80 percent over five years, a new farm census report shows. The number of Indiana farms under 10 acres soared from 5,436 in 2002 to 9,720 in 2007 – a 79 percent […]
Ball State University plans to drill 3,750 wells, each 400-feet deep, to tap the earth’s nearly constant temperature for campus heating and cooling. The $66 million geothermal conversion project will eliminate the university’s coal-fired boilers, which currently produce 85,000 tons of carbon dioxide a year, said Tom Kinghorn, Ball State treasurer and vice president of […]
State Rep. Charlie Brown has a simple goal: ban smoking in enclosed public places in Indiana. But Brown, a Democrat from Gary, knows getting his legislation through the General Assembly won’t be easy. The bill has been characterized as one that pits life or death against dollars and cents. But it’s not nearly so black […]
When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake’s belly.
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc.
will quietly roll out a revolutionary automated package-handling system.
Many boards of directors have not taken to heart their responsibilities, opting instead for the easier route of trusting management and operating personnel.
Free marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder in a number of financial businesses.
Indiana Medicaid officials want to take over management of all its patients’ prescription drugs because they say it could save the state as much as $40 million a year.
ISM Loans is waiting to re-enter markets after halting its lending, changing its leadership and cutting 100 workers.
These days, local musicians can record cheaply at home and distribute their music inexpensively, and tracks can be sent digitally to critics and bloggers.
Society must learn about the history of global markets in order to prevent further financial calamities.
