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Eli Lilly and Co. will learn a lot about its future today. The U.S. Food and Drug Administration is scheduled to rule on Lilly’s new blood-thinner prasugrel today after a nine-month review of clinical trial data. If approved, prasugrel will go on the market immediately under the name Effient. Prasugrel is the first big test […]
Anderson officials fear they will lose an economic development prospect because tax constraints imposed by the Legislature have crimped the amount of incentives the city can offer. Mayor Kris Okomon mentioned the shortfall in a recent political meeting, saying the city might lose the competition for a foreign alternative energy company. Linda Dawson, who leads […]
Check out this smart Los Angeles Times piece about the “well, duh” observation that culture won’t be a subject for any question during the Presidential debates.
“If I were moderating tonight’s TV debate,” writes Times art critic Christopher Knight, “…
You have to give the folks at Indy Parks and Recreation credit for creativity. How many people would consider turning a world-class sporting facility into a glorified sledding hill and hope to profit from it? Shiver…
Mead Johnson Nutrition Co., the unit of Bristol-Myers Squibb Co. that is being spun off as a separate company, is considering moving its headquarters out of Evansville. Mead Johnson, which makes Enfamil and other baby food products, wants better access for international travel, according to the Evansville Courier & Press. About 40 to 60 employees […]
Indianapolis-based Finish Line reported a second fiscal-quarter profit of $13.1 million yesterday, after posting a $1.8 million loss a year earlier. The 24-cents-a-share profit in the period ended Aug. 30 was better than the 17 cents anticipated by analysts surveyed by Thomson Financial. Sales increased 3.9 percent, to $353.3 million-barely meeting expectations. Sales at stores […]
From architect Bob Hague: “I was a graduate architect just out of school responsible for building the study model, developing the construction documents and construction administration. Was involved in the project for 3 years. The rooftop tours are from 1983…
The Indianapolis Department of Parks and Recreation imagines a future where pieces of the RCA Dome roof are sprinkled throughout the city as everything from picnic shelters to shades for pool lifeguards. Director Stuart Lowry said the district hopes to salvage as much of the seven-plus acres of roof as can be taken down safely […]
Indy Racing League driver and team owner Sarah Fisher this afternoon was honored at the fifth annual Indy’s Best & Brightest under 40 Awards in front of a crowd of 650 business professionals…
Three-quarters of Indiana stocks for which short-selling has been banned have lost value since the ban took effect last week. Fifteen of the 20 Indiana financial services firms put on the list by the U.S. Securities and Exchange Commission on Sept. 18 have seen their shares drop. The SEC banned short-selling because of concern that […]
Zionsville-based Traders Point Creamery has named a former Ben & Jerry’s executive as president. Charles “Chuck” M. Green said he plans to double sales to more than $5 million within the next 12 months, possibly by forming a cooperative with farmers to supply milk from grass-fed cows. Traders Point produces organic cheese, milk, yogurt, ice […]
Itâ??s a rare person who enjoys the asset bubbles and boom-and-bust cycles that afflict the U.S. economy, most
recently the subprime mortgage crisis and implosions on Wall Street.
But Purdue University economist David Hummels contends that the United States deals with…
The Tucson Sidewinders are getting a new name and address. The AAA affiliate of the Arizona Diamondbacks next year will be the Reno Aces.
Indiana Pacers co-owner Herb Simon is an equal partner in…
A few months back, when blogging about an arts-centric Washington, D.C. visit, I mentioned that one of my most memorable college moments was a spontanious road trip to the city, including a silent midde-of-the-night walk through a tourist-free Vietnam Veterans Memorial.
As…
Ricker Oil Co. Inc. has reached an agreement to acquire all 32 BP convenience stores in the Indianapolis area. The buyer is an Anderson company that owns 29 Marathon and BP convenience stores, primarily in Fort Wayne and Anderson. Ricker said yesterday that the BP franchise will continue at most of the locations, which are […]
Thomas Healthcare Consulting, an Indianapolis firm that helps long-term care facilities with reimbursements from Medicare and Medicaid as well as other issues, has been acquired by BKD LLP. BKD is an accounting and consulting firm headquartered in Springfield, Mo. Financial terms were not disclosed. Robert Thomas, who founded Thomas Healthcare in 1989, is joining BKD […]
Eli Lilly and Co. can restore its image and improve its stock price by doing a better job of touting benefits of the drugs it sells and turning research into new products faster. That’s the strategy CEO John Lechleiter planned to lay out today during a lunchtime speech to the Economic Club of Indiana. IBJ […]
Indiana Business College is expanding outside the state for the first time in its 106-year history. The company plans to open a $2 million campus in Columbus, Ohio, in September 2009. The 15,000-square-foot facility will be built by Indianapolis developer Browning Investments and leased to the college. A site will be chosen from two potential […]
As officials predicted, only about 45 minutes was needed this morning to deflate the RCA Dome roof. The roof, which has hovered over the former home of the Indianapolis Colts, gradually fell to the floor as air was bled from ventilation ducts. More images from the event will be available at www.IBJ.com later today.
A funeral director is planning a â??greenâ?? cemetery west of Bloomington, where plots will be identified
by
small field stones tied to global-positioning coordinates rather than by traditional headstones.
Nathan Butlerâ??s Evergreen Forest Cemetery will look more like a natural landscape…
