Area existing-home sales tick up amid declining inventories
Sales of existing single-family homes rose 1.8% in central Indiana in September—only the second month of increased sales this year on a year-over-year basis.
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Eli Lilly CEO says drugmaker won’t rehash old Alzheimer’s data
Digging through old data to salvage a seemingly failed Alzheimer’s drug paid off big time for Biogen Inc., but at least one of its rivals has no plans to follow suit.
Uncertainties escalate for Fed as it weighs another rate cut
The Federal Reserve finds itself in an unusually delicate spot as it considers how much more to try to stimulate an economy that’s still growing and adding jobs but also appears vulnerable.
High-tech rival devices on verge of making stethoscopes obsolete
Dr. Paul Wallach, an executive associate dean at Indiana University School of Medicine in Indianapolis, predicts that within the next decade, hand-held ultrasound devices will replace the stethoscope as part of the routine physical exam.
Trump, Pelosi still working on drug-pricing deal despite impeachment drama
President Donald Trump and House Speaker Nancy Pelosi could hardly be more at odds—but behind the scenes, they’re still grasping at a bipartisan deal to lower the cost of prescription drugs.
Lilly earns more than expected but misses revenue expectations on key drugs
Eli Lilly and Co. easily topped earnings expectations in the third quarter, but shares in the Indianapolis-based drug company tumbled nearly 5 percent Wednesday morning.
Roundup: Meijer moves Westfield store forward
Retail giant finalizes plans three years after buying site. Also: Urban Chalkboard, Marco’s Pizza, Riverview Health and more.
Anthem 3Q profit jumps 23%, helped by enrollment gains
The Indianapolis-based insurer raised its 2019 forecast after attracting more customers covered by Medicare Advantage and Medicaid.
Company to open $24M hemp-extraction facility in Westfield, hire 40
BDX-Indiana, a sister company to Indianapolis-based Biodynamic Ventures, plans to create more than 40 jobs at the facility that pay an average of $70,000 per year.
IPS teachers could see raises as high as $9,400 under tentative contract deal
Teachers across the district would see substantial pay increases under the proposal, with the district’s starting salary for teachers rising to $45,200 this school year, according to a union official.
Bosma, Long recall conversations with Hill about sexual misconduct allegations
House Speaker Brian Bosma, former Senate President Pro Tempore David Long and numerous people who attended the infamous party at A.J.’s Lounge in May 2018 testified Tuesday at Attorney General Curtis Hill’s attorney discipline case.
U.S. highway deaths fall for second straight year
While traffic deaths have fallen, the National Highway Traffic Safety Administration reported 6,283 pedestrian deaths, the highest total in 28 years. Pedestrian fatalities have risen about 53% since 2009.
Fired Indianapolis Catholic school counselor files lawsuit
Shelly Fitzgerald’s federal lawsuit names the Indianapolis archdiocese and Roncalli High School as defendants.
Indiana sues distributors in opioid epidemic
One day after three opioid distributors reached a $260 million tentative settlement with two Ohio counties, Indiana Attorney General Curtis Hill filed a lawsuit seeking damages from the same three companies.
Ambrose files notice to sue city, says it has suffered at least $30M in damages
Ambrose Property Group says it intends to accuse the city of slander of title, defamation, tortious interference, fraud “and any and all other relevant tort claims.” The city contends it has acted properly.
In surprise turnaround, new analysis finds Alzheimer’s treatment might work
Seven months after clinical trials for a promising Alzheimer’s drug were halted and the treatment was declared a failure, a new analysis suggests it was actually effective, and the company that makes it plans to move forward in securing federal approval.
Nearly all states backing antitrust investigation into Facebook
A state-level antitrust investigation into the social network now has the backing of a bipartisan group of 47 attorneys general.
Autoworkers from closed plants prepared to fight new GM contract
Some workers question why union leaders agreed to let General Motors close three factories, wondering if corruption inside the UAW influenced the decision to side with the company.
ISO’s Leppard dies at 92
In his tenure as music director from 1987 to 2001, Raymond Leppard led the Indianapolis Symphony Orchestra on international tours and focused on producing recordings and radio broadcasts.
Survey: Many workers changing actions amid #MeToo movement
Roughly one-third of American workers say they’ve changed how they act at work in the past year, as the #MeToo movement has focused the nation’s attention on sexual misconduct and highlighted issues of racial and ethnic diversity.