Indiana’s Monroe Hospital files Chapter 11 liquidation plan
About one month after receiving court approval to sell its 32-bed acute-care surgical hospital in Bloomington, Monroe Hospital LLC filed a Chapter 11 plan of liquidation.
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Central Indiana hospital cutting nearly 70 jobs
Officials of Marion General Hospital said in a state filing Monday that the 69 layoffs will take place during the first two weeks of February and are expected to be permanent.
Backers making new push for Sunday alcohol sales
The Hoosiers for Sunday Sales coalition is starting a campaign Tuesday to build support for legislation that would allow such sales in groceries, pharmacies, and liquor and convenience stores.
Order-fulfillment firm sells for $55M in cash
A publicly traded e-commerce firm has acquired Indianapolis-based Fifth Gear, a company with more than 500 employees that specializes in fulfilling consumer orders through catalogs and digital retail.
Former Colt Brackett bringing Georgia Reese’s downtown
The upstart restaurateur will take street-level space in McOuat Place just south of Monument Circle for the second incarnation of his Southern comfort-food concept.
OneAmerica bringing 10-story workspace into new century
The life insurer is renovating 10 of the floors it occupies in its namesake building downtown and is removing the outdated and constrictive cubicles for a more modern, open floor plan.
Carmel-based insurer snags coliseum naming rights
Under a $6 million, 10-year deal, Indiana Farmers Mutual Insurance Co. will put its moniker on the Indiana State Fairgrounds Coliseum.
After uncertainty, Ballard’s preschool plan passes easily
The City-County Council voted Monday night to approve a $40 million public-private preschool partnership between the city, business and philanthropic leaders.
CIRTA pulls plug on Carmel commuter bus line
Carmel Mayor Jim Brainard on plans to discontinue commuter-bus service to downtown Indianapolis: Disappointed, but city “would support future efforts to bring a strong public transportation system to the Indianapolis area.”
UPDATE: Tax break sought on $11M Keystone Crossing building
The office building is part of a planned 15-acre development near the Fashion Mall that includes offices, apartments, a hotel and retail space. The Gene B. Glick Co. is a possible tenant.
Hospitals enjoy third-quarter recovery
After suffering a financial swoon a year ago, Indiana’s hospitals look like they’re back on firmer—though not rock-solid—footing.
DINING: Stroll in Zionsville turns up above-par sub shop, decadent snacks
Thoughts on Sub 16, the Scoop, and Inga’s Popcorn, each of which has its own distinct pleasures.
Company news
Indianapolis-based PTS Diagnostics is on pace to boost revenue 60 percent this year, fueled by its acquisition of a blood glucose test and a shift to help doctors and nurses do a better job monitoring the health of their patients. PTS acquired the A1C Now test in December 2013 from Germany-based Bayer AG. That product […]
People
Dr. Hari Kumar, a vascular surgeon, has joined Community Health Network in Indianapolis. He holds a bachelor’s degree from the University of Michigan and a medical degree from the University of Cincinnati College of Medicine. Dr. Navneet Lather, a cardiologist, has joined Community Physician Network in Indianapolis. He attended Kasturba Medical College in Manipal, India, […]
Pence’s ‘shadow’ run for president mirrors Daniels’ strategy
A new book about Mitch Daniels’ deliberations on a 2012 presidential run comes as another Indiana governor goes through the same motions.
Cyber Monday gears up to get online shoppers hyped
But with retailers extending their online deals into “Cyber Week” and even “Cyber Month,” some shoppers aren’t quite seeing the jaw-dropping deals they were hoping for online.
Noblesville OKs $6M park/gateway with amphitheater
A divided Noblesville Common Council last week approved $6 million in funding for a downtown park/city gateway with an outdoor amphitheater—a project proponents say will spur economic development west of the White River.
Lilly competitor Glaxo to shake up U.S. operations
A major drugmaker that was part of three-way multi-billion-dollar deal this year involving Eli Lilly and Co. is planning a reorganization that will include hundreds of job cuts in the United States.
UPDATE: Prominent jeweler’s $4M inventory up for auction
The inventory of Aronstam Fine Jewelers, located at Keystone at the Crossing, will be auctioned to help satisfy creditor debt.
U.S. factory output slips a tad, but still healthy
U.S. factories were slightly less busy in November, as production and hiring slowed, although the level of activity remained strong.