DMD administrator Beaubien promoted to acting director
Brad Beaubien will take over for Adam Thies, who announced last week that he was leaving on Friday to become assistant vice president for capital planning and facilities at Indiana University.
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Former HHGregg manager wins class-action suit over bonuses
The complaint charged the Indianapolis-based retailer failed to factor a $40 million life insurance payout into the calculation for employee bonuses. The ruling potentially could lead to millions of dollars in damages.
Owner of 3 Indiana casinos sells real estate in $4.7B deal
The deal will create a combined real estate investment trust that will own 35 casino and hotel facilities in 14 states, including three in Indiana.
Ameriana shareholders sue over First Merchants buyout terms
Ameriana shareholders said in the complaint that the $69 million offer is “inadequate” and that the deal deters competing bids.
Indy-area woman charged with faking nursing license, cancer
Ashley Trent faces charges of forgery, deception, theft and practicing nursing without a license. She also is accused of forging letters from IU Health that claimed she had breast cancer.
Report ranks Indiana 32nd for child well-being
The national report found that more Indiana children have health insurance and fewer are abusing drugs and alcohol, but the state still dropped in the rankings due to improved results in other states.
State unemployment rate drops to seven-year low
The state’s unemployment rate fell to 4.9 percent in June, sinking below 5 percent for the first time since February 2008, the Indiana Department of Workforce Development said Tuesday morning.
Indy-based health data firm snares $1.5M in VC round
Healthiest Employers LLC, which collects and measures corporate health information, plans to use the funds to drive sales of its analytics software.
Apartments proposed for site next to Madame Walker Theatre
The city is set to consider a proposal to build 30 apartments on a surface lot by the historic theater and to restore an existing, century-old structure.
Hamilton Southeastern Schools considering spring referendum
The Hamilton Southeastern School Board on Tuesday morning postponed a vote that could have put a referendum over a property-tax hike on the November general election ballot.
Runway project to close central Indiana airport for 8 days
Columbus-based Cummins Inc. plans to have its planes use Indianapolis International Airport during the eight-day $5.2 million renovation project at the Columbus Municipal Airport.
Indianapolis-area office market showing signs of a rebound
Stronger absorption in the metro area is pushing vacancy down and rental rates up, mid-year office reports show, even though downtown’s vacancy rate remains above 20 percent.
Indiana agency: No action planned over card game prizes
Gaming Commission Executive Director Sara Tait said her agency never had plans to take action against a senior center that offered prizes like cookies and toilet paper in euchre card games.
Marketing tech firm bags $8M venture capital boost
Indianapolis-based marketing technology firm SmarterHQ has landed another $8 million in venture capital, spearheaded by an investment fund launched by local retail behemoth Simon Property Group Inc.
Lilly faces moment of truth this week
The Indianapolis-based drugmaker on Wednesday will release new data from patients taking its Alzheimer’s drug that could show whether the drug has slowed the progression of their disease. That will show investors whether the 45 percent rise in Lilly’s stock price over the past year is justified.
People
Kathleen Krusie has been named president of Community Health Network’s north region. She will begin on Aug. 17, replacing Jason Fahrlander, who was promoted to president of acute care services for Community’s entire eight-hospital network. Krusie has been CEO of St. Joseph Regional Health Center in Texas since 2010. Before that, she worked at Mercy […]
Company news
Cook Pharmica LLC plans to spend $28 million and hire 70 workers to add a new drug-filling line at its Bloomington facility, company and state officials announced Monday morning. Cook Pharmica, a subsidiary of medical-device maker Cook Group, currently employs 575 workers manufacturing and packaging drugs for use in clinical trials or for sale on […]
Survey: U.S. companies less optimistic about future sales
The overall survey results, compiled by the National Association for Business Economics, portray an economy muddling along at a steady, if tepid, pace.
Cook Pharmica to hire 70 workers to expand drug-making capacity
Cook Pharmica, a subsidiary of Bloomington-based medical device maker Cook Group, currently employs 575 workers who manufacture and package drugs for use in clinical trials or for sale on the market.
Holiday Inn Express coming to Anson
The owner of the four-story hotel hopes to break ground in the fall and open a year later.