Forecast for 2015: Strategist says economy has juice
A Fifth Third Bank expert told attendees at IBJ's 2015 Economic Forecast on Thursday that the business cycle is maturing but still has some oomph left in it.
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Hoosier medical device companies look off shore
Slowing domestic growth pushes executives to brighter markets.
UPS predicts 11-percent hike in December packages
United Parcel Service Inc. said Wednesday that it will handle 585 million packages worldwide in December.
Ticket giveaway: Indy International Festival
Indy International Festival returns Nov. 21-23 and IBJ has five family four-packs of tickets to give away. Just name your favorite ethnic restaurant and you could win.
Eli Lilly donates $12.7 million to United Way
The donation represents the giving of employees and retirees of Lilly and Elanco Animal Health in the U.S. and Puerto Rico, plus a matching contribution from the Lilly Foundation.
Wellness provider beefing up new Carmel office
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
St. Louis furniture retailer plans expansion into Indy
Weekends Only Furniture Outlet, which has five stores in the St. Louis area, plans to make its first expansion outside of its home market by opening a 92,000-square-foot store in Castleton.
Alton Brown, Georgia O’Keeffe and more on this week’s A&E priority list
Events also include a recreation of the “War of the Worlds” radio broadcast and a celebration of all things Kurt Vonnegut.
IPS board president calls meeting on Teach Plus contract
The special meeting sends signals that the board could back out of the $750,000 program, which apparently was launched in IPS before the board formally approved it last week.
Republic Airways reports improved quarterly results
Indianapolis-based Republic Airways Holdings Inc. on Tuesday reported higher revenue and profit in the third quarter.
Red Gold plans expansion after bumper tomato crop
The Indiana-based tomato processor is spending more than $8.5 million to add more than 250,000 of space to its facilities in Geneva.
Butler set to raise curtain on Hinkle Fieldhouse overhaul
Butler officials have promised the eye-catching renovations will make things much nicer for fans and players while not affecting the historical integrity of the 86-year-old landmark.
WellPoint profit dips, but rising membership boosts outlook
Enrollment in WellPoint’s health plans increased by 259,000 members in the third quarter. Growth came in WellPoint’s employer and Medicaid plans, while its individual health plans declined by 108,000.
CNO reports lower third-quarter profit, revenue
The Carmel-based insurance holding company had profit of $117.4 million in the period ended Sept. 30, down from $283 million in last year's third quarter. Revenue fell 11 percent, to $967 million.
Indiana Toll Road operator wins approval of bankruptcy plan
U.S. Bankruptcy Judge Pamela S. Hollis in Chicago on Tuesday granted ITR Concession Co. approval of the reorganization plan, which is supported by more than 87 percent of senior secured debtholders.
Central Indiana doctor faces prescription drug charges
Dr. Eric Jones of Pendleton was arrested Tuesday at his general family practice about 25 miles northeast of Indianapolis.
Novo, Lilly shares fall after Sanofi warns of diabetes price war
Shares in Novo Nordisk A/S, Eli Lilly and Co. and other makers of diabetes therapies sank Tuesday after Sanofi CEO Chris Viehbacher said competition on prices in the United States will hurt sales next year.
UPDATE: NCAA player graduation rates on the rise
College athletes are graduating at record numbers and with better rates than non-athletes, according to new statistics released Tuesday by the Indianapolis-based NCAA. Critics are balking at the interpretation of those numbers.
Broad Ripple project gets green light from court decision
The developers of the $30 million apartment-and-retail project on the Central Canal are prepared to move forward now that the Indiana Court of Appeals has dismissed a challenge to the development.
