Endocyte shares plunge 60 percent after drug trial is stopped
Endocyte Inc.’s stock fell more than 60 percent in early trading Friday after the drug it’s developing with Merck & Co.’s backing failed to help patients in a trial for ovarian cancer.
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Carmel’s Main Street getting more upscale apartments
Carmel officials have signed off on Keystone Realty Group’s plans to build a five-story mixed-use building southwest of Old Meridian and Main streets.
U.S. gains 288,000 jobs as rate falls to 6.3 percent
U.S. employers added a robust 288,000 jobs in April, the most in two years. The unemployment rate sank to 6.3 percent, its lowest level since September 2008. But the drop occurred because the number of people working or seeking work fell sharply.
Remy sees quarterly rise in profit, revenue
Pendleton-based manufacturer Remy International Inc. saw profit rise to $9.5 million in the first quarter, up from $1.8 million in the same period of 2013.
Purdue raises $7.5 million during day of giving
Purdue University received 6,500 donations ranging from $10 to more than $1 million each during its inaugural Day of Giving.
Health IT firm hc1.com to add up to 175 Boone County jobs
The company said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its current 16,626-square-foot headquarters at Northwest Technology Park.
Indoor slides, high-paying jobs part of Interactive’s expansion plan
A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.
Indiana Grown Commission now accepting applications
The IGIC was created by a law signed by Gov. Mike Pence on March 27. The legislation creates a commission that oversees the programs that market and promote Indiana-produced agriculture.
Pickups, small SUVs lead April auto sales rebound
U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
Indiana signups lag for federal health care law
Data from the U.S. Department of Health and Human Services show that a total of nearly 230,000 Indiana residents were eligible to enroll in a marketplace plan, but only about 132,000 had done so by the March 31 deadline.
Indiana counties with vote centers on the rise
Residents in 16 out of Indiana's 92 counties can head to designated vote centers during next Tuesday's primary elections, up from seven counties in 2012.
Committee OKs $8.3 million for emergency road work
The Public Works Committee of the Indianapolis City-County Council approved $8.3 million in emergency road repairs Thursday night, after the list of proposed projects was revised to include every council district.
Precedent Office Park owner cashes out at steep loss
The owners of the 19-building Precedent Office Park are poised to unload the massive property, but at a price much cheaper than what they gave nine years ago during the height of the real estate boom.
IU plots $200M life sciences hub in former Wishard Hospital
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.
DINING: Delicia’s ‘little mule’ of a neighbor offers big flavors
La Mulita has a roadside cantina vibe, a street-food menu, and an emphasis on lunch.
LOU’S VIEWS: No mystery why IRT closes season with whodunit
Sure-footed and with no real desire to explore new territory, Ken Ludwig’s ‘The Game’s Afoot,’ grafts a fictional mystery onto a real-life actor.
Command center being built at WRTV will run 19 stations
Media giant E.W. Scripps is building a multimillion-dollar master control facility at its WRTV-TV Channel 6 that will control all 19 of Scripps’ U.S. television stations. The control hub will bring about 10 additional jobs to WRTV’s 1330 N. Meridian St. campus.
St. Vincent and Community to dissolve partnership
The Accountable Care Consortium was envisioned as a vehicle through which the hospitals would eventually funnel all of their roughly $2.5 billion in annual contracts with health insurers and employers.
LOPRESTI: NBA’s verdict satisfies, but Sterling case begs tough question
Sad case of Los Angeles Clippers owner leaves us wondering about the future of privacy.