IU’s proton therapy center closes after 2,079 patients
John Kerstiens, the center's chief operating officer and chief financial officer, said the staff's mood on the final day of the center's operation was fraught with emotion.
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U.S. adds 321,000 jobs, the most in nearly 3 years
Hiring last month was broad-based but particularly concentrated in retail, temporary services and transportation and warehousing.
Growth-minded Vertellus buys Dow Chemical unit
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
Avanir’s Takeover Price Leaves Room for Counteroffers
Avanir Pharmaceuticals Inc. has reached a The Aliso Viejo, California-based company, which makes a drug to control symptoms of Alzheimer’s disease, this week agreed to sell itself to Japan’s Otsuka Holdings Co. for $3.2 billion, or $17 a share. That’s 4 percent lower than analysts’ average projection for where the stock would have traded in […]
Ice Miller names new managing partner
Steven Humke is set to take the helm of the city’s third-largest law firm Jan. 1, assuming duties from outgoing chief managing partner Phil Bayt.
School district closes funding gap with help from Fishers, township
Hamilton Southeastern Schools is selling three parcels of surplus land to the town of Fishers and Fall Creek Township, raising much-needed cash for the growing school district’s operations.
Ponzi scheme operator gets 20 years in prison
A former OneAmerica Securities Inc. representative who is already serving five years in federal prison for running a Ponzi scheme received a much tougher sentence Thursday in a local courtroom.
GE Global Research to invest $10 million in Purdue
Among the goals of the partnership are to lower manufacturing costs, improve speed and drive innovation. The partnership also will create educational opportunities for Purdue students.
Pence’s Board of Education overhaul wins backing
Indiana Gov. Mike Pence's call to overhaul the State Board of Education won the support of the two top legislative leaders Thursday, setting up what could be one of the most acrimonious education fights the state has seen.
Local business leader Bill Mays dies at 69
William G. Mays, who built one of the nation's largest minority-owned companies and saved one of its oldest African-American newspapers, died Thursday in Indianapolis on his 69th birthday. “Indianapolis has lost a titan of industry and philanthropy,” Mayor Greg Ballard said.
Regrets of ending an employer health plan
This spring, Keith Pitzele ended his company’s health plan and sent his workers to the Obamacare exchange. It was a bumpy experience he’s glad he won’t have to repeat next year. Does that mean most employers won’t follow suit?
Veteran Indy convention planner launches new division
One of the city’s best-known corporate meeting and convention planners, Meeting Services Unlimited Inc., is launching a division focused on smaller, high-end private parties.
Indiana Rail Road founder to retire next year
Thomas G. Hoback will retire from the Indiana Rail Road Co. on June 30, 2015, and CSX Transportation executive Peter Mills will take his place.
Indians extend deal with WNDE through 2017
The Indianapolis Indians and WNDE-AM 1260 announced a three-year extension of their radio broadcast agreement.
Self-compacting garbage bin has myriad uses–thanks to Internet
Entrepreneur Grant Jenkins’ PowerBin can hold three times the amount of the average public trash bin, and can transmit data to municipal and other managers about when it’s full. It can also serve as a Wi-Fi hot spot, relay information about reported crimes, and display advertisements.
‘Yuletide’ plays critical role in symphony’s fiscal strategy
The tap-dancing Santas, reindeer puppets and carol arrangements fulfill an essential role supporting the Indianapolis Symphony Orchestra’s bottom line.
Simon headquarters repairs spur blame game
Simon Property Group Inc.’s downtown headquarters is showing signs of structural damage, and building contractor Duke Construction Limited Partnership blames the problems on design flaws by CSO Architects Inc.
Angie’s List agrees to pay if jobs promise falls short
If Angie’s List fails to live up to promises fueling a taxpayer-subsidized headquarters expansion, the company will pay an undetermined amount into an escrow account for the city’s benefit.
Three hospitals part of plan to provide Ebola care
Indianapolis hospital leaders have spent the past two months ironing out a plan to deal with any cases of Ebola that emerge in Indiana. The plan is aimed at ensuring effective care while also minimizing the need to bring other hospital services to a virtual halt while patients are under care.
Kim: Let state help shoulder the high cost of college
This holiday season, skip buying the got-to-have whatever and consider establishing or making a gift to a young person’s 529 plan account. Not only is it a gift that will last a lifetime, but if you’re an Indiana resident, the state will pick up 20 percent of the cost.