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Eli Lilly and Co. is in late talks to acquire ImClone Systems Inc. for $6.1 billion, according to a report on The Wall Street Journal’s Web site. The New York biotech firm develops various medicines for cancer treatments. Lilly would pay $70 per share for ImClone, the Journal said. The deal would be one of […]
As I mentioned Monday, I finally got to Art vs. Art (Sept. 26), the crazed art auction/game show/demolition derby that uptowned from Fountain Square to the Vogue this year.
I’ll confess to getting caught up in the same blood lust…
ExactTarget Inc., an Indianapolis firm that helps companies e-mail messages to customers, will expand its downtown operations by creating 300 jobs within the next five years, executives announced this morning. The company will invest $25 million to locate the workers in the historic Gibson Building at Michigan Street and Capitol Avenue, near its corporate headquarters […]
In the first season of open-wheel racing unification, the Indy Racing League registered viewership increases on its telecasts on ABC, ESPN and ESPN2. For the 17 races on the IRL schedule this year,…
Plenty of people plan to work until at least age 67, when eligibility for full Social Security benefits
kicks in, a new study shows. And itâ??s not just for the money.
Many say remaining in the workplace will help them…
Eli Lilly and Co. plans to launch a second Phase 3 clinical trial of one of its experimental Alzheimer’s medicines. The Indianapolis-based drugmaker announced today that it hopes to test its gamma secretase inhibitor in 1,100 patients from 22 countries. Doctors will give the drug, known as LY450139, to patients over 21 months, adjusting the […]
Larry Bird has long been a measuring stick for Hoosier high school hoops hopefuls. Today, the Indiana Pacers, in conjunction with the National Federation of State High School Associations, the Indiana High School…
Zondervan, one of the world’s leading publishers of Bibles, announced that it will be printing a hand-written version, with more than 31,000 Americans performing the penmanship. It’s being called Bible Across America and, yes, there’s an RV involved. You can find the…
Shopkeepers in the Brown County tourism center of Nashville are seeing little impact from the weak economy. Rather, some say business is up, according to The Herald-Times of Bloomington. Tourists are staying closer to home instead of embarking on long, costly trips, with some opting for Brown County over Gatlinburg, Tenn., and other destinations in […]
Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is “coming soon” and “now hiring.” Old…
The Notre Dame football team hasn’t won a bowl game since January, 1994, but the private university’s gridiron gang still sets the gold standard when it comes to money making collegiate sports programs.
The…
Classical music fans, musicians, critics and administrators around the country are taking sides in a battle that’s been raging in Cleveland.
The situtation: After years of blasting Cleveland Orchestra music director Franz Welser-Most, Cleveland Plain Dealer music critic Donald Rosenberg has…
Imagine being asked to speak to a crowd hit by the biggest downturn in its industry in decades, and motivate
them to get back out there and keep selling. Or try to sell.
Thatâ??s what Dan Lappin faces when he speaks…
Thereâ??s no time like an election to make politicians nervous about taking a stand on a controversial issue,
and this afternoonâ??s House vote on the $700 billion bailout plan is no exception.
Many Republicans and some Democrats, leery about facing voters…
The ongoing crime wave in Indianapolis has resulted in a surge in gun sales, WXIN-TV Channel 59 reports.
With each big crime comes another spurt in purchases.
Indianapolis police say applications for first-time permits in July were up 15 percent…
The first of four M&I Bank signs has finally taken its place atop the former First Indiana Plaza. Workers were installing one of the signs…
On Oct. 6, Dan Dakich will begin a new career as a radio talk show host. The former Indiana University basketball player and coach will host a sports talk show from 10 a.m….
Author Tom Wolfe wrote a bestseller in 1987 called, “The Bonfire of the Vanities.” The title of the book alluded to 15th century Italy, when religious fanatics staged public fires at which they burned items thought to encourage lives of sin, things like mirrors and cosmetics. Wolf’s “Bonfire” popularized the term “masters of the universe” to refer to shallow, highly compensated Wall Street types who made big bucks and lived lavish lifestyles, often at the expense of others. The novel…
Goodness knows, I’m not an economist. One look at my checking account would confirm that. So as my wife and I gather in front of the evening news and try to digest the ups and downs of the stock market along with our dinner, we, like most Americans, can only hope and trust (?) that our wiser (?) government and financial leaders will find a way out of the morass. We’re luckier than many. Our children are raised and college…
For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis’ stock has fallen 84 percent, shrinking the company’s stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis’ highest-profile businesses.
