Obamacare’s insurers struggle for stability amid Trump threats
Obamacare is stuck in limbo, and insurers and state regulators are struggling to set their plans for what’s increasingly shaping up as a chaotic year for the health-care program.
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Lilly uses ‘horny goat weed’ to fend off Cialis royalty demands
Eli Lilly and Co. told a federal jury that a German company is trying to take credit for centuries-old Chinese medicine in seeking royalties on the use of its erectile-dysfunction drug Cialis to treat an enlarged prostate.
Westfield panel advances Wood Wind housing development plan
After months of plan revisions and heated discussions, the Westfield Plan Commission on Monday night gave Pulte Homes a nod of support for its controversial 856-home development proposal.
Pacers Sports & Entertainment hires Catchings for executive role
Former WNBA standout Tamika Catchings has been named director of player programs and franchise development with Pacers Sports & Entertainment, the organization announced Monday afternoon.
Wall Street punishes Lilly for latest drug setback; analysts grasp for answers
News that federal regulators rejected Lilly’s drug for arthritis sent the stock tumbling more than 5 percent Monday, and sent surprised analysts searching for answers.
United changes policy on displacing seated passengers
The change comes after a passenger, Dr. David Dao, was dragged from a fully-booked United Express flight in Chicago because he refused to give up his seat to make room for crew members
U.S. homebuilder sentiment slips, but overall outlook positive
The National Association of Home Builders/Wells Fargo builder sentiment index released Monday slipped to 68 this month. That’s down three points from 71 in March, when it jumped to the highest level since June 2005.
Indianapolis-area store on teen-clothing retailer’s closure list
A teen-clothing retailer with nine Indianapolis-area stores said Monday that it plans to close about one-third of its stores nationwide. But eight local locations appear to have dodged the closure list.
Big bakery meets early goals, plans $16.5M in new equipment
Fast-rising CraftMark Bakery wants to sweeten its investment and hire 32 more workers by expanding production capacity at a $75 million headquarters and manufacturing facility built in 2014 in Indianapolis.
Priority list includes new take on Hercules, ‘Clue,’ more
Plus, the Phoenix Theatre asks if there are always strings with a act of generosity.
Carmel proposes $13.4 million ‘road diet’ for Rangeline Road
The project will eliminate three of the five existing travel lanes from 116th Street to Main Street, add roundabouts at intersections, install a landscape median through the corridor and put multipurpose paths on both sides of the road.
Carmel software firm plans expansion, 30 new employees
EduSource pairs its fulltime software engineers with paid student apprentices to build custom software for its clients.
Deadline looming for Indiana lawmakers to strike budget deal
Indiana lawmakers set a Friday deadline to reach an agreement on the state's next two-year budget. But the House and Senate still appear far apart on some key tax provisions.
IPS could close three of its seven high schools under new plan
An Indianapolis Public Schools task force has recommended closing three of the district's seven high schools because of declining enrollments.
Lilly’s rheumatoid arthritis pill rejected by regulators
The drug, which has the proposed brand name Olumiant and is approved for use in Europe, was expected to be a big seller.
Indiana University plans $17M arena for volleyball, wrestling
The plan calls for building the new arena on the northern end of campus, near the current football stadium and basketball arena.
Gen Con to more than double space usage in Lucas Oil Stadium
Gen Con this year plans to use more than 750,000 square feet in the Indiana Convention Center, Lucas Oil Stadium and in the connector between the two facilities. It’s the most space ever booked for an Indianapolis convention.
Tim Hortons selects site for first local restaurant
The Canadian coffee and doughnut institution is counting on the Indianapolis market to be a big part of its U.S. expansion plans.
