BOHANON & CUROTT: Socialism sounds cool—until you study results
The capitalist economy is facilitating a sharing revolution in transportation that would make Karl Marx blush.
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‘Boomer TV’ show coming out of retirement
Owner Mary Pat McKee has enlisted a slew of local on-air personalities to help her bring back the weekly television show to a new channel.
Transforming Methodist: IU Health figuring out what to demolish, save
By the end of the year, officials expect to unveil its master plan to remake the state’s largest hospital—currently an amalgamation of ancient health care amenities and modern facilities.
Lilly signs licensing deal with biotech startup for diabetes drug
Under the agreement, Lilly will pay Sigilon Therapeutics up to $410 million if the technology hits certain milestones.
Zimmer Biomet device gets FDA approval
Zimmer Biomet Holdings Inc. said it has completed its first surgical case using a new device called a comprehensive augmented baseplate, which offers an alternative to bone grafting for patients with defects in the shoulder cavity who are undergoing shoulder reconstruction.
IU Health rolls out mobile stroke unit
Indiana University Health has begun using a new specialized vehicle with equipment capable of diagnosing and treating a stroke on-scene.
Zero-percent auto loan era fading into America’s rearview mirror
Carmakers that used zero-percent financing offers to juice sales at the height of the American auto boom are starting to abandon them as rising interest rates lift their own borrowing costs.
Developer nearing approval to construct townhomes in downtown Fishers
The 116 Towns project would contain seven buildings, with 31 units ranging from between 2,100 and 2,300 square feet and featuring as many as three bedrooms and bathrooms.
China lists $50 billion in U.S. goods it might hit with 25 percent tariff
Beijing’s list of 106 products included the biggest U.S. exports to China, reflecting its intense sensitivity to the dispute over American complaints that it pressures foreign companies to hand over technology.
Pacers on-court success translates to higher television ratings
More fans are tuning in this season to watch the Pacers play as the team heads toward the playoffs guaranteed no worse than a fifth seed in the Eastern Conference.
Contemporary art museum secures new home base in Holy Cross
More than a year after vacating its base of operations in Fountain Square, the Indianapolis Museum of Contemporary Art has landed on a new long-term location on the city’s near-east side.
Indiana fish farm’s new owner preparing to restart production
A biotechnology company says it expects to take over a defunct fish farm in eastern Indiana later this year and begin raising genetically engineered salmon.
Purdue launches online program, targets nontraditional students
Purdue Global is based in Indianapolis but has 15 campuses, with about 30,000 students and more than 2,000 faculty members.
Old Spaghetti Factory sets opening date for Carmel location
The location will be only the second in Indiana for the 49-year-old family-friendly restaurant chain.
Celadon’s financial-reporting issues much worse than expected
An internal probe found Celadon overstated earnings by as much as $250 million from 2013 to 2016. The local trucking company said it will be delisted from the New York Stock Exchange.
Delaware County officials end fight against 10,000-hog farm
The Indiana Department of Environmental Management recently approved plans for the confined animal feeding operation despite concerns of nearby residents.
Salesforce gives IPS $500K grant to boost tech-focused high school program
The money will fund laptops, desktop computers, wireless high-speed internet and other tech-related needs for a new academy opening at George Washington High School next fall.
Calumet suffers $84M loss in revised quarterly earnings report
Indianapolis-based Calumet Specialty Products Partners LP suffered a bigger loss in the fourth quarter than the company originally reported almost four weeks ago.
Milhaus swings creative deal for $16M apartment project in Fountain Square
The plan for the development, slated just east of the neighborhood’s commercial core, required reaching out to property owners on Prospect Street and collaborating with neighborhood officials.
Trump administration moves to cut Obama-era fuel-efficiency rules
The Trump administration announced that fuel-efficiency regulations for cars and light trucks are too stringent and must be revised.