Cancer treatment makes Endocyte premium takeover target
Now that Indiana-based Endocyte Inc.’s experimental cancer treatment is proving successful, the company may command a takeover bid at one of the industry’s highest premiums on record.
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Acid spill at west-side Rolls-Royce plant under investigation
Nine workers at a Rolls-Royce aircraft-engine assembly plant near the Indianapolis International Airport were injured Friday when a tank of nitric acid exploded and filled the building with a cloud of corrosive vapor.
Would-be Lilly competitor’s inhaled insulin tied to lung concerns
Afrezza, a powdered insulin used through an inhaler, would be the MannKind Corp.’s first marketed product. The treatment would compete against Lilly’s Humalog. An FDA report tied the drug to a decline in lung function.
Shadeland Station shopping center bought for $9.5M
New York-based Time Equities Inc. acquired the northeast-side property that is anchored by a Marsh supermarket and 85-percent occupied.
Review: Broadway’s new revival of ‘Les Miserables’
My biggest concern going wasn’t whether the rethought design would hold up to memories of the turntable-fueled original. It was whether I would hear the people sing…in the audience.
Tighter Indiana scooter rules signed into law
The new law will require scooter operators to obtain license plates from the Bureau of Motor Vehicles, have valid state ID and pass a road sign test. The new rules take effect in January.
Indiana’s jobless rate experiences another big drop
The state added 5,400 private-sector jobs February while the number of officially unemployed Hoosiers fell to fewer than 200,000 for the first time since August 2008, the state said.
Budding Pacers star George lands Gatorade contract
On Friday, Gatorade will introduce Pacer Paul George as its newest NBA spokesman in a lineup that already features prominent athletes such as Dwyane Wade, Peyton Manning, Serena Williams and Derek Jeter.
Defunct Zionsville bakery files for bankruptcy protection
The owner of a now-shuttered Zionsville bakery filed for bankruptcy protection last month and asked the court to stop a previous tenant from selling off property left behind when its storefront closed in January.
Architect submits sleeker design for downtown fire station
The original rendering didn’t sit well with neighbors of the near-north site.
Durham ordered to pay $1 million in Duesenberg sale
A former Indianapolis financier in federal prison for a $200 million investment fraud has been ordered to pay $1 million over the disputed auction of a 1930 Duesenberg automobile.
Finish Line reports rising quarterly, annual earnings
A jump in same-store sales and improvements to the sports-apparel retailer’s website helped the company report a better-than-expected profit in its fiscal fourth quarter.
Indiana wineries, breweries to be featured at State Fair
Indiana State Fair Public Relations Director Andy Klotz said there is no concrete plan yet for how newly approved alcohol sales will work, but the main focus will be to promote Indiana beer and wine.
Obama says more than 6M signed up for health care
Like much else about Obama's health care law, the milestone comes with a caveat: The administration has yet to announce how many consumers actually closed the deal by paying their first month's premium.
Pence signs Indiana preschool, road-money bills
Indiana Gov. Mike Pence spent Thursday touting two of his top priorities—new money for preschools and roads—at ceremonial bill signings across the state.
Pence lets bill ending Energize Indiana become law
Indiana Gov. Mike Pence will let a bill that eliminates an energy-conservation program become law without his signature, prompting harsh words from environmental leaders who opposed the bill.
Cost-of-living chasm buoying tech firms
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
Dow Agro parent sets stage for sale or spinoff
Dow AgroSciences LLC is likely to become a stand-alone public company in the next three years, according to some Wall Street analysts—if the wunderkind division of Dow Chemical Co. lives up to sky-high expectations.