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Zimmer buying Biomet in $13.3B deal between Hoosier firms
Orthopedic device maker Zimmer Holdings Inc. is buying privately-held competitor Biomet Inc. in a cash-and-stock deal between the Warsaw-based companies valued at about $13.35 billion.
Lilly’s quarterly profit meets analyst expectations
The drugmaker, which is weathering patent expirations, saw sales fall more slowly than expected for its antidepressant Cymbalta.
Turner skips hearing, documents claim no misdeeds
Indiana House Speaker Pro Tem Eric Turner missed an ethics review Wednesday but claimed in filings submitted to the panel that he did nothing wrong when he fought legislation that could have cost him millions of dollars.
NCAA president seeking big changes, quickly
Mark Emmert wants the NCAA to fast-track upgrades for major-conference college athletes — regardless of whether a players union is pushing for them.
Colts to open season against Manning’s Broncos
Indianapolis will open this season at AFC champion Denver in a Sunday night NFL showdown pitting quarterback Peyton Manning against his former team.
Angie’s List shares jump after quarterly report
Indianapolis-based Angie's List's stock rose nearly 10 percent in after-hours trading Wednesday after the online consumer-reviews service posted a smaller quarterly loss on higher revenue.
Citizens gets state OK for steep wastewater rate hike
State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group customers.
Fairgrounds officials pushing for coliseum sponsorship
The Fairgrounds Coliseum, which reopens Thursday after a $63 million renovation, is likely to receive a new name soon, an Indiana State Fair Commission spokesman said.
Flurry of renovations upgrade downtown Indianapolis hotel scene
Trend driven by hyper competition, pent-up demand from the recession, opening of JW Marriott.
MORTON: Indy’s road to Oz will end soon for sports team owners
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
Uber, Lyft barnstorm Indianapolis taxi market
The ride-share upstarts are stirring praise and pushback, just as they have elsewhere across the country.
Investor pressure pushing drugmakers to make deals
Tuesday’s blockbuster deal involving Indianapolis-based Eli Lilly and Co. was just the latest of several that have taken place since the beginning of the year.
Toolmaker’s warehouse to close, laying off 80
Irwin Tools plans to shut down its 456,000-square-foot warehouse and distribution center in Greenfield and consolidate operations elsewhere.
Council sues city over public safety lease deal
The City-County Council wants to force officials to produce documents relating to the controversial lease of the public safety operations center on the east side. It was vacated in September due to safety and health code violations.
Ethics panel set to review Turner lobbying situation
The Indiana House Ethics Committee on Wednesday will review the actions of a senior lawmaker who worked in private to block legislation that would have cost his family's company millions of dollars.
City controller floats idea to change retirement plans
If the plan is carried out, new city employees wouldn’t be eligible for pensions through the Indiana Public Retirement System. Instead, they would have a defined-contribution plan similar to the 401(k) plans offered by private-sector employers.
Three more charged in $80M heist of Lilly drugs
Three Florida men who federal authorities say stole about $80 million in prescription drugs from an Eli Lilly and Co. warehouse in Connecticut have been charged with conspiracy and theft.
Chair still on fire for Pacers’ Vogel after win over Hawks
Despite Tuesday night's big victory over the Atlanta Hawks, Indiana Pacers Coach Frank Vogel remains on the hot seat.
Dow AgroSciences reports record quarterly results
The Indianapolis-based subsidiary of the country’s largest chemical maker achieved all-time highs in revenue and earnings in the first quarter.