American Senior Communities fires chief executive
The dismissal of James Burkhart as head of the Indianapolis-based nursing home company comes three days after FBI agents raided his Carmel home.
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U.S. stocks sink as investors mull Fed’s rate decision
U.S. stocks fell sharply Friday on concern about the outlook for global growth, one day after the Federal Reserve decided to hold off raising interest rates.
Duke, consumer advocates reach Edwardsport deal
Duke Energy Corp. has reached a tentative settlement with a consumer advocacy agency and a group of industrial customers that will mitigate rate increases that have resulted from construction of a power plant in Edwardsport.
Lilly’s heart study sets up showdown with Novo’s Victoza
Unprecedented results from a cardiovascular study on a diabetes medicine sold by Eli Lilly and Co. turns up the pressure on rival Novo Nordisk, which will release data from a similar study on its competing drug next year.
State unemployment rate slides to eight-year low
Indiana’s unemployment rate dropped to its lowest point since 2007 in August despite the loss of 5,500 private-sector jobs, the Indiana Department of Workforce Development announced Friday.
Historic 500 racing garage to be renovated
Indiana Landmarks plans to raise the funds to refurbish the fabled but dilapidated building north of West 16th Street that served as the Boyle Racing garage from the 1920s through the 1940s.
Group urges Dems to tackle pharmaceutical prices
Pharmaceutical industry members are likely to dislike the proposal, which would require them disclose how much they spend on research and development, production, and sales and marketing.
SmithAmundsen adds two big-name attorneys
Stephen Stitle, the former chairman for PNC Bank in Indiana, will serve as SmithAmundsen's Indiana managing partner. John Tanselle, one of the city's top banking lawyers, will be a partner in its financial services group.
DINING: New Binford Blvd. brewery doesn’t turn blind eye to food
The Blind Owl menu offers little that’s risky or unfamiliar but the food is tasty and “owler” fills of beer are available.
LOU’S VIEWS: At ATI, a ‘Fantasticks’ worth remembering
Requiring a delicate balance of whimsy, theatrics and sincerity, the musical has its problems. But it can thrive when planted in the proper theater and given appropriate watering.
Westfield’s Bridgewater development adding apartments, more retail
Plans have been filed to construct a 66-unit apartment complex on 12 acres near 151st Street and Gray Road. A new 14,400-square-foot retail building is also in the works.
Lopresti: Colts must be hoping there’s no place like home
The Colts had better not even think of losing to the New York Jets in Monday night’s home opener.
PROXY CORNER: The Finish Line Inc.
Indianapolis-based Finish Line Inc. operates 1,020 locations primarily in U.S. malls and Macy’s department stores, and 76 running specialty stores.
There’s another side to exec pay debate
Many executive leaders do not pay themselves enough in relation to the market, other employees, and the very demanding job they are committed to 24 hours a day, seven days a week.
PETERSON: 16 Tech is rare opportunity for Indianapolis
16 Tech would bring together many of Indianapolis’ existing strengths—our research universities, life sciences expertise and vibrant technology sector—to spark new companies and jobs.
KENNEDY: An (im)modest G.I. Bill proposal
Originally conceived as an effort to reward those who had risked their lives for their country, the G.I. Bill had a number of other positive consequences: It raised the skill level of the American workforce and provided an avenue for social mobility.
MORRIS: Mayors remind us of path to progress
GIPC birthday brought together city leaders who knew how to achieve, in spite of politics.
Collection-agency exec Wolfe indicted on fraud charges
The indictment likely means prosecutors were unable to reach a plea agreement with Wolfe, who was preliminarily charged in late 2014.
Hospital-owned docs send more patients to lower-quality, higher-cost hospitals
When hospitals employ doctors—which is now the norm in central Indiana—more of those doctors’ patients end up going to hospitals with higher costs and poorer quality, according to a new study.
Some worry new diplomas exclude those with special needs
Parents and educators pleaded with the Indiana State Board of Education to change a state law that they argue could rob students of equal access to the high school diplomas that fit them best.