CarDon trying to adjust nursing homes to hospitals, insurers, patients
Family-run company is building nursing homes it thinks will be more attractive to residents and staff.
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Patent ‘troll’ label gets Congress to ponder what’s in a name
“Troll” is a term without clear definition and yet it’s being used to push Congress and the Supreme Court to curb abusive litigation. Companies including Eli Lilly warn against damaging a centuries-old system designed to promote advances in science and industry.
Supreme Court voids overall political contribution limits
The justices said in a 5-4 vote that Americans have a right to give the legal maximum to candidates for Congress and president, as well as to parties and PACs, without worrying that they will violate the law when they bump up against a limit on all contributions.
Hiring at U.S. companies picked up momentum in March
After a frigid winter, companies added nearly 200,000 jobs last month, according to payroll processor ADP. That bodes well for the government’s report on overall employment, due Friday.
Review: ‘Memphis’ tour at Clowes Hall
It’s a lot like its lead character: Awkward yet oddly compelling, overflowing with both soul and cheese, and with a tendency to repeatedly state the obvious.
WellPoint CEO lands nearly $17M in first year
Compensation for Joe Swedish included $4.1 million in perks, such as $3.8 million he would have received in his previous job, $79,000 in relocation expenses, and $82,000 for his legal fees from contract negotiations.
Abandoned Indiana factory site could lure Illinois company
Harvey, Ill.-based steel processor LB Steel is looking to move to the site and employ about 400 to 450 workers.
IndyCar Series, Speedway projecting big revenue increases
Hulman & Co. officials are projecting 20-percent to 25-percent gains in ticket and sponsorship sales this year over last. But it's still not clear if the open-wheel series will be profitable.
Beck’s plans $60M expansion, 100 more workers
Indiana-based Beck’s, the country’s largest family-owned seed company, said the expansion will include research labs, greenhouses, office space, and seed-processing facilities and equipment.
Ohio, Indiana officials explore drone opportunities
Although Federal Aviation Administration officials rejected the states’ proposal to become an official drone test site, both states are examining what each one has to offer in regards to drone development.
Would-be Lilly foe wins U.S. panel backing for inhaled insulin
Advisers to the Food and Drug Administration voted 13-1 and 14-0 that the drug, Afrezza, should be approved for Type 1 and Type 2 diabetes, respectively. The FDA doesn’t have to follow the panel’s recommendation.
Casey’s to build Indiana distribution center
Casey’s General Stores Inc. said it plans to build a $30 million logistics center in Indiana that will have as many as 185 employees by 2019.
Indy Fuel sign 5-year farm pact with Chicago Blackhawks
Given the fan following for the Stanley Cup champion Blackhawks in central Indiana, the agreement stands to be a significant boost for the Fuel, who begin play in October at the renovated Indiana State Fairgrounds Coliseum.
Historical Society bags $3.2M from auction of Audubon works
The Indiana Historical Society paid $4,000 for "The Birds of America" in 1933 and $900 for "Viviparous Quadrupeds of North America" in 1951.
Indianapolis Museum of Contemporary Art expanding to CityWay
iMOCA adds South Street space in a partnership that includes the Alexander Hotel. September targeted for opening.
Beck’s Hybrids planning to expand headquarters operation
The growing family-owned seed company had been working with Hamilton County officials on incentives. An economic development announcement with state officials is planned for Wednesday morning.
Indiana artisans finding ways to showcase goods
The Indiana Artisan organization was founded in 2008 as part of an economic development initiative to strengthen local arts-based businesses. Today, the not-for-profit boasts 268 artisans representing 59 Indiana counties.
Once-promising bioplastics maker fizzles out
A company that once planned to make Indiana home to the largest bioplastics manufacturing facility in the world is going out of business.
Study: Downtown Zionsville needs more restaurants
Downtown Zionsville merchants produce an estimated $21.9 million in annual sales, or about 9 percent of the town’s total spending power, according to a market-share analysis. The suggested goal: 13 percent.
Channel 6 to air children’s hospital telethon with twist
Don’t expect song-and-dance routines or sob stories. And whether a certain former local celebrity will make an appearance is top-secret.