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Five things I learned from the Medicare doctor payments
From this week’s historic data dump, I learned who the top 20 recipients of Medicare payments are in Indianapolis (hint: mostly labs, ambulances and eye surgeons). But the real takeaway is that meaningful price information about doctors is still a long way away.
UPDATE: Simon Property wins dismissal of CEO pay suit
Simon Property Group won’t have to face a lawsuit alleging it improperly barred investors from voting on an executive-pay plan that resulted in a $120 million stock award to CEO David Simon. Public documents released Thursday show Simon made about $16 million last year.
Ulta targets Greenwood for $51M distribution center, 537 jobs
Beauty products maker Ulta Inc. plans to open a fulfillment and distribution center in Greenwood that will employ as many as 537 people by 2018, the Bolingbrook, Ill.-based company announced Thursday afternoon.
Colbert to replace Letterman in late-night slot
The Comedy Central star will take over for the Indianapolis native on CBS, dumping his phony conservative persona for an approach with wider appeal.
Citizens plans $114M in upgrades for water system
Among the planned projects are a new groundwater treatment plant near Morse Reservoir, a booster station to improve water pressure on the northwest side, and several large water main replacement projects.
Family Dollar to close about 370 stores, cut jobs
The discount retailer, which operates nearly 50 stores in Indianapolis, said it will shut down underperforming stores as it tries to reverse sagging sales and earnings.
Law firms fight ‘onerous’ tax shift for service businesses
The proposed switch in accounting methods could create cash-flow nightmares for medical-service providers, accounting, engineering, consulting and other professional-services companies with revenue over $10 million.
Trailer parks lure ex-traders eyeing double-wide returns
Former hedge-fund executives who left Wall Street are finding new ways to milk profits from old trailer parks, including one in Indianapolis.
Toyota, GM recalls push U.S. to near-record pace
So far this year, automakers have recalled about 9 million vehicles in the U.S. If that pace continues, the nation would break the record of 30.8 million recalled vehicles set in 2004.
Indiana insurers must make best guesses on 2015 price hikes
Health insurers such as WellPoint Inc. that plan to hike prices on their Obamacare policies more than 10 percent in 2015 will have a much harder time than usual making their case to regulators.
Applications for unemployment aid hit 7-year low
The decrease suggests that employers expect stronger economic growth in the coming months and are holding onto their workers.
Heartbleed bug causes major security headache
A confounding computer bug called "Heartbleed" is causing big security headaches across the Internet as websites scramble to fix the problem and Web surfers wonder whether they should change their passwords
Roundup: Scotty’s Brewhouse openings, Mo’s returning and more
The locally based chain is opening restaurants to the west and north of Indianapolis, within a week’s time, while Mo’s is returning downtown in a restaurant rebranding.
Pence appealing FEMA denial of winter storm assistance
The governor is appealing the Federal Emergency Management Agency's denial of Indiana's request for a major disaster declaration due to the winter storm that dumped a foot or more of snow on parts of the state and plunged it into subzero temperatures.
School board members say teacher ratings fail system
Members of the Indiana State Board of Education said a new performance evaluation system failed parents, students and teachers when results released earlier this week found only 2 percent of educators are in need improvement.
Indiana universities, manufacturers helping launch Digital Lab
Indiana manufacturers, universities and various state groups are abuzz about their involvement with the freshly minted, Chicago-based Digital Lab for Manufacturing—even if they’re not yet sure what their exact role will be.
Electronics manufacturing short circuited in Indiana
The sector is migrating to states that beckon with better prospects.
State to work with Pew on economic development
The Pew Charitable Trusts has named Indiana one of seven states to participate in its 18-month initiative to discover effective business practices for economic development and remaining transparent to the public.
Pence’s chief of staff leaving Statehouse post
One of Indiana Gov. Mike Pence's closest confidants is leaving the Statehouse to start a political consulting firm.