Local builders see big surge in demand for new homes
Permit filings through November have already exceeded the number filed in all of 2015 and surpass the total of any single year since 2007.
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State projects $435M less revenue in 2017 than previously expected
The long-term forecast was sunnier, with revenue projected to increase 2.9 percent in 2018 and 3.9 percent in 2019.
Lilly shares jump after it offers better-than-expected forecast
Eli Lilly and Co. shares rose sharply Thursday morning after the company presented a better-than-expected 2017 forecast nearly a month after it had announced the failure of a key Alzheimer’s treatment in testing.
Historic Martinsville buildings part of $8.4M senior-housing project
A redevelopment of the three buildings, led by Flaherty & Collins, will make way for 38 apartment units for residents 55 and older. The project pays homage to Martinville’s history as a mineral-springs hotbed.
Revamp of Broad Ripple Steakhouse building in works, plus office project
The owners plan to renovate the building to attract a new restaurant and demolish the site of a hookah bar to the south to construct an office building.
Lilly trims profit guidance but says growth strategy on track
The company’s announcement reassured investors in the wake of last month’s news that the Alzheimer’s drug solanezumab had failed to demonstrate effectiveness during a large-scale clinical trial.
Lawmaker who called for ISTEP’s death now calling to extend its life
Rep. Bob Behning, who championed the so-called “kill ISTEP” bill last spring, said the state might extend its contract with the company that made this year’s ISTEP by another one or two years.
Indiana senators worry about cost of expanding preschool
Although Indiana’s House leadership has already come out strongly in support of expanding the state’s preschool program, key players in the Senate said Wednesday that they remain skeptical about added costs.
U.S. Supreme Court to hear appeal by Carmel firm over IP lawsuits
The U.S. Supreme Court agreed to consider putting sharp new limits on where patent-infringement lawsuits can be filed, accepting a case that may undercut patent owners’ ability to channel cases to favorable courts.
GOP leaders says some type of tax hike needed for Indiana roads
Incoming Gov. Eric Holcomb has said he wants to develop an infrastructure plan that could cover the next 20 years. But he has yet to weigh in on specifics and hasn't indicated his stance on a tax increase.
Fishers neighborhood to be razed for massive ‘culinary’ development
A 17-acre project called The Yard would be located next to Ikea and include numerous lots for restaurants, a culinary incubator and possibly a dinner theater. It could cost $40 million to $60 million to develop.
NCAA promotes Gavitt, Luck in shakeup of senior staff
NCAA President Mark Emmert on Wednesday announced a reorganization of senior staff in the championships group at the national headquarters in Indianapolis.
Fed raises rate, boosts outlook for borrowing costs in 2017
New projections show the central bankers expect three separate quarter-point rate increases in 2017, up from the two seen in the previous forecasts.
My body is the battleground between cancer and chemo
The point of chemo is to cure me. But these are not gentle chemicals. They sweep through my body like a tornado, with side effects that range from annoying to horrendous. But I have no choice.
Federal Reserve expected to raise rates for first time in a year
The Fed last increased rates in December a year ago, when it hiked its benchmark rate from a record low set at the depths of the 2008 financial crisis.
U.S. factory production drops for first time in three months
American manufacturing is barely expanding as global demand and domestic business investment remain uninspiring.
Pacers sign deal with Israeli tech firm to target player injuries
PhysiMax’s analysis should provide a sense of how likely Paul George’s explosive moves to the basket and Myles Turner’s shot-blocking feats are to cause injury.
Comcast closing call center in Fishers, but keeping 240 workers
Company spokesman Michael Wilson said it will cost Comcast “tens of thousands of dollars” to set up employees in home offices, but it’s cheaper than paying overhead costs for a large office.
Three area Sears stores set to close in January
The stores are all operated by Sears Hometown and Outlet Stores Inc., a struggling public company that was spun off by Sears Holdings Corp. in 2012.
Lilly to sell insulin at 40 percent discount to cash-paying patients
Eli Lilly and Co. will bypass insurance companies to offer a discount on its best-selling insulin products for patients who lack health coverage or have high deductibles that require them to pay the full cost of some medications.