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Eli Lilly and Co.’s optional severance package has been accepted by 200 of the 1,000 workers at its Tippecanoe Laboratories in Lafayette, according to The Journal & Courier of Lafayette. The Indianapolis drugmaker said in January it would offer the buyouts to 250 at the Lafayette site because it had too much capacity in biomolecules. […]
ISA Forensics Digging up dirt Forensics firm recovers evidence from computers, analyzes audio Much like his counterparts on TV’s “CSI” or “Law & Order,” Darren Miller ferrets out forensic information in pursuit of justice. But unlike his fictional colleagues who work for prosecutors, Miller and his ISA Forensics team work mostly with defense attorneys, looking for exculpatory and incriminating evidence that will help or hurt their clients. Their crime scene: computers, tapes, disks and other data devices. Using the same…
The latest data from the U.S. Bureau of Economic Analysis show that Indiana ranks 33rd in per capita personal income. Fifty years earlier, in 1956, Indiana ranked 17th in the nation. Our state is in long-term economic freefall and we suffer with representatives who piddle away their time on raising revenue through gambling. Per capita personal income in Indiana has not been on par with the nation since 1966. We have a record of ongoing decline, interrupted briefly from time…
St. Francis Hospital officials have found that improving care and cutting costs to treat heart attack patients comes at an unexpected price. A new program cut the hospital’s time to treat patients and reduced the size of the heart attack-saving $9,400 per admission. But reimbursement by insurance companies dropped $9,715, resulting in the hospital losing $315 per admission. “The pay for quality and pay for performance issue under the current reimbursement structure is not designed to reward quality of care,”…
The screen comes alive with the tale of a woman trying to track down her on-thelam husband even as she deals with her imprisoned brother and a grown son addicted to porn. The next night features a violence-packed trilogy of films about warring Asian gangs. Toto, we’re not at the Heartland Film Festival anymore. No, the 191 films set to be screened at the Indianapolis International Film Festival starting this month are grittier-helping it build a reputation for attracting a…
The age-old concept of living above your workplace is catching on again in Indianapolis, just as the developers of Douglass
Pointe Lofts had hoped. The $2.65 million landmark at 25th and Delaware streets already will soon also be known for a diverse
roster of local businesses.
This week will see the final round of action by the House on Senate bills and the Senate on House bills, and then the real work of the Legislature begins. Legislation that has passed both chambers in different forms may be reshaped in a manner acceptable to both, and legislation that has passed only one chamber remains eligible for inclusion in related bills and final passage by both the House and Senate. Few people gave much credence to this year’s…
ATLANTA – At the Final Four last week, I was reminded that even without a team, Indiana was well represented. It began at the United States Basketball Writers Association breakfast on the Friday morning before the national semifinals. The occasion was the presentation of the USBWA’s Oscar Robertson Trophy to the player of the year, which happened to be Kevin Durant from Texas. Robertson, the Crispus Attucks great who went on to star at the University of Cincinnati-and who was…
As head of MZD Urban, a division of one of the city’s largest advertising agencies–MZD Advertising–Troy Julian Gipson is
ready to take the city into the future of multicultural marketing.
Students at Indiana University’s Kelley School of Business have been busy lately. A group of students recently spent a day in Omaha with Warren Buffett. Then on April 4, the school hosted a cable program called “Mad Money.” Between the two, they heard what must be the most opposite investment philosophies on the planet. In Omaha, the students would have learned about “looking through” the price of a stock to the underlying business, to focus on the long term and…
It’s a program with big promises and big profits. Yet it’s hard to measure its payoff. It’s disease management-an industry euphemism for health insurers’ efforts to make sure chronically ill customers receive the best health care they can-before they get rushed to the hospital. Indianapolis-based WellPoint Inc. says disease management helps it win business over other health benefits companies. It also says it saves its customers nearly three times as much money as they invest and improves the quality of…
A new National Football League policy could cost the Indianapolis Colts $56 million in league revenue sharing in the decade
following the opening of Lucas Oil Stadium. The policy
puts more pressure on the Colts to compete with revenue-generating giants such as the Washington Redskins and Dallas Cowboys.
When The New York Times ran an article about Indianapolis’ Stone Soup Inn several years ago, owner Jeneane Life got calls from people on airplanes looking to book a room. And the phone’s still ringing in the aftermath of a fall Chicago Tribune review of the new wellness program at Life’s Villa Inn. “People will say, ‘I kept that article because I’ve been meaning to come and stay with you,'” said Life, who also owns the Looking Glass Inn in…
I know risk is a four-letter word to many of you, and most investors prefer not to think about it at all. But it’s a favorite topic in our shop, and with the Iranian capture of 15 British sailors, the risk discussion here definitely stepped up. You have your pick of conspiracy theories over why Iran took the sailors, who were recently released. I read speculation that the capture was retaliation for an American capture of six Iranian Guards in…
The other night, while my wife Cherà attended class, I ate out with a copy of NUVO to keep me company. In the “letters” section, an atheist complained about Indiana’s new “In God We Trust” license plate. He said government shouldn’t promote religion, especially via a plate that requires no additional contribution, as do other “specialty” plates. When I got home, I found an e-mail from a friend wondering why these plates are so popular and whether taxpayers should bear…
What’s the news on Indiana employment? Odd as it might seem, that phrase is almost a contradiction in terms. For while we do receive very timely, detailed information on how many jobs are carried on Indiana employers’ payrolls each month, the practical challenges in keeping close tabs on the latest zigs and zags in the 3 million-strong Hoosier labor force make the interpretation of the fresh data difficult. Only after the data have sat on the shelf for half a…
EVERYBODY’S DOING IT WALKING FOR CHARITY Go race for a cause: It’s that time of year It’s a sure sign of spring : packs of walkers and runners filling downtown streets to raise money and awareness for local notfor-profits. April opens the charity walk season, calling attention to causes ranging from cancer research to homelessness. Most of the races are 5Ks, traversing 3.1-mile routes in or near downtown. The relatively short distance and flat terrain make the events a great…
In 1999, when the World Wide Web was in its infancy, Rick Levine and others penned and posted “The Cluetrain Manifesto: The end of business as usual” (www.cluetrain.com). In this Web-focused document, their opening salvo at business as usual-and their wake-up call for American business- went thusly: “A powerful global conversation has begun. Through the Internet, people are discovering and inventing new ways to share relevant knowledge with blinding speed. As a direct result, markets are getting smarter-and getting smarter…
The Indiana Commerce Connector, those 75 miles of concrete through the Indiana countryside, was announced with great fanfare at the start of the 2007 legislative session and recently disappeared with equal aplomb. Thanks to the efforts of state Rep. Terri Austin, chairwoman of the House Roads and Transportation Committee, and the other members of that committee, the citizens of Indiana had ample opportunity to express their opinions on Indiana’s transportation needs. While the governor’s specific proposals for the Indiana Commerce…
But extra helpings of your favorite fattening treats may be on their way. At its April 19 meeting, the Indiana State Fair Commission will consider whether to add up to five more days to the fair, starting in 2008. “You’d have another weekend where people can come out to partake in fair activities,” said Indiana State Fair Commission Chairman Kyle Hupfer. “My guess is you’d see some new folks come to the fair who wouldn’t otherwise come.” This year, fair…
