European regulators OK Lilly’s $5.4B Novartis deal
The European Union's antitrust authority has approved the $5.4 billion sale of Novartis' animal health division to Indianapolis-based pharmaceutical firm Eli Lilly and Co.
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U.S. jobless rate falls to 6-year low of 5.9 pct.
U.S. employers added 248,000 jobs in September, helping lower the unemployment rate to 5.9 percent, the lowest since July 2008. But nearly 100,000 stopped looking for work, lowering the percentage of Americans working or looking for work to the lowest level since February 1978.
Cassidy Turley brokerage to become part of DTZ
With 32 local licensed brokers, Cassidy Turley is the city’s second-largest commercial real estate brokerage, trailing only Summit Realty Group.
Logistics conference to focus on funding
“Solving the National Transportation Crisis” is the theme of the Indiana Logistics Summit Oct. 7-8 in Indianapolis.
Butler selects CBRE to lease retail space
Butler University has retained CBRE to lease 15,000 square feet of retail space that will be built on campus along with a 1,000-space parking garage.
Officials raise stink about smelly toll road toilets
The state has notified the company leasing the toll road that the travel plazas need improvement. And in a letter back to the state last month, ITR Concession Co. said it has hired additional cleaning staff to handle the restrooms.
New program aims to keep inmates from reoffending
The First Time Offender Program will convert the Plainfield Short Term Offender Program into the Heritage Trail Correctional Facility and also offer addiction-recovery services, family and social support, mentoring and behavioral change programs.
LOU’S VIEWS: Legislating libation at Indiana State Museum
The exhibit features artifacts, including a still, and a mini-church where an actor playing Indiana’s own Billy Sunday, who railed against “Hell’s best friend,” preaches a sermon.
Nursing home gusher helps fund new hospital
Shelbyville’s Major will break ground on an $89 million hospital next month. Meanwhile, hospital systems around the state are talking about consolidating facilities or turning unused bed space to new uses.
Questions for Ballard
Mayor Ballard should veto or delay implementation of the proposed 0.05 percent tax to hire 150 police officers until more supporting details are offered: 1. What would these officers do each day? Would they travel our streets in cars, walk new beats or engage in “community policing”? If the latter, would they speak at events, […]
LOPRESTI: A Saturday with Don Fischer, dean of Big Ten broadcasters
Yes, there have been great moments for voice of hard-luck Hoosier football team.
Make contractor rebuild house
It is sad to see another piece of Indy history is now a pile of rubble [Sept. 15]. I lived in the Fall Creek area growing up. The homes were made better than anything you can purchase today. The owner should not have bought the property if he did not want to abide by the […]
Interview Issue a hit with faithful reader
I’ve been starting my week with the IBJ for 20 years. I just finished reading the [Sept. 29] issue cover to cover. This is the best one ever. Great idea for an issue—fascinating people and stories. I’ll look forward to the 2015 issue! __________ Ruth Lochary, Fishers
Financing pitch puts Pedcor on hook for $100M City Center plan
Pedcor Cos. is offering Carmel leaders an unusual array of guarantees backed by its own bank account in hopes of landing public funding for a portion of its $100 million City Center expansion.
RACE: Lessons from development of the Canal District
Inappropriate, suburban-style projects should be a thing of the past in downtown Indianapolis.