Memory Bank: A friendly place to congregate
In this photo taken on June 27, 1943, servicemen relax in a YMCA reading room.
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Indiana’s director protections complicate ITT lawsuit
A lawsuit filed by ITT Educational Services’ bankruptcy trustee seeks $250 million from the firm’s former CEO and board members, whom she alleges were disengaged as the business melted down.
Fed raises key interest rate, sees possible acceleration in hikes
The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases.
IU Health hopes new robotic warehouse saves it millions
The Indianapolis-based system has spent $9 million on the “high-tech integrated service center,” but hopes to save up to $3 million a year through standardizing inventory, ordering in bulk at a discount, and streamlining delivery routes.
Region ranks fifth for pharmaceutical jobs
The region got a boost from being home to pharmaceutical giant Eli Lilly and Co., along with numerous contract research organizations, suppliers and testers.
Biotech startup lands $1.8 million in funding
The investors in Scioto Biosciences include locally based Elevate Ventures, a private venture development organization; locally based BioCrossroads, a public-private collaboration that supports Indiana's life-sciences sector; and Ohio-based Rev1 Ventures.
Study: State should spend more on smoking-prevention efforts
Indiana spent $8.2 million in federal and state dollars in 2016 on programs to prevent people from smoking, help them quit, and protect people from secondhand smoke, the study said.
Report finds affordable apartments out of reach for many area workers
The Indiana data is less bleak than the national average, which found a full-time worker would have to earn $22.10 on average to afford a two-bedroom rental.
Heartland announces new festival dedicated to short films
The Indy Shorts International Film Fest is scheduled for late July at the Indianapolis Museum of Art at Newfields. It will exclusively feature films shorter than 40 minutes, including films that will be eligible for Academy Awards.
Colts promise plenty of fan fun at first Grand Park training camp
The Colts in September agreed to hold the team’s training camp for 10 years in Westfield following stints in Anderson and Terre Haute. This year’s camp kicks off July 25.
Federal judge approves $85B AT&T-Time Warner merger
The Trump Justice Department had sued to block the $85 billion merger, arguing that it would hurt competition in cable and satellite TV and jack up costs to consumers for streaming TV and movies.
Owners of failing malls ‘on their knees’ as buyers disappear
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
Anticipation surrounds Fed’s rate forecasts after next hike
The Federal Reserve is set Wednesday to modestly raise its key short-term interest rate for the second time this year. But attention will be focused on any hints the Fed might accelerate its hikes in the coming months.
Luck takes private throwing program public at Colts’ camp
Nearly 17 months after undergoing surgery on his injured right shoulder, Luck jogged onto the practice field Tuesday and started throwing in front of the public for the first time since October.
Indiana cabinet maker closes Alabama plant with 445 workers
Employees and officials criticized the abrupt closure, which came without prior public notice and was announced to employees at 10 a.m. Tuesday.
New ‘Right to Try Act’ has lots of legal ins and outs
On May 30, President Trump signed into law the “Trickett Wendler, Frank Mongiello, Jordan McLinn, and Matthew Bellina Right to Try Act of 2017,” more easily known as the “Right to Try Act.” The Right to Try Act provides that terminally ill patients have a right to try drugs not yet approved by the U.S. […]
Startup raises $2.5M to launch medication-reminder tech product
Concordance Health Solutions’ Smart Med Reminder system reminds patients to take their meds and alerts caregivers or providers when an intervention is needed.
Trump health chief Azar renews call to end key drug-pricing tactic
U.S. Health and Human Services Secretary Alex Azar told lawmakers that it may be time to eliminate the complex system of rebates that drug companies and pharmacy-benefit managers use to negotiate and set prices.
Another experimental Alzheimer’s drug fails as Eli Lilly, Astra halt tests
An independent data-monitoring committee found that the medicine, lanabecestat, was unlikely to meet the goals of the studies, one for early Alzheimer’s and the other for mild dementia related to the disease.
Texas tech firm acquires High Alpha’s ClearScholar
Founded in 2016, ClearScholar is the second company in the High Alpha portfolio to be snapped up in the last four months.