EDITORIAL: Don’t let politics thwart tax debate
Hoosiers love our low taxes. But there are times when that reality—which politicians play to the hilt—gets in the way of good public policy.
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Skarbeck: Sale of Washington Post reflects new world order
The sale price of The Washington Post Co. exposes just how far the industry has sunk. In the first half of this year, the iconic newspaper’s operations generated $138.4 million in revenue and lost nearly $50 million ($40 million of which was a non-cash pension expense).
Flaherty making big pitch on Range Line Road project in Carmel
Flaherty & Collins Properties is floating two redevelopment ideas for a seven-acre parcel on the edge of Carmel’s tony downtown, but both require public support that casts uncertainty over the project.
Hicks: Two excellent choices for Bernanke successor
A great debate under way regarding the successor to Federal Reserve Chairman Ben Bernanke seems to come down to economists Lawrence Summers or Janet Yellen. The debate is full of interesting insight but it’s the immediate challenges of the Fed that matter more.
Lilly’s new strategy built around head-to-head drug trials
Lilly has set up not one, not two, but five head-to-head trials of its experimental drug dulaglutide against other leading diabetes therapies. So far, dulaglutide’s record is four wins, no losses.
Trio of women now owns Borshoff, city’s biggest ad firm
Founding principal of 29-year-old Borshoff advertising agency, Myra Borshoff Cook, 65, and senior principal Erik Johnson, 62, have sold their ownership interest in recent years to three top executives at the firm, all of them women.
Simon suffers setback in antitrust suit
A federal lawsuit alleging monopolistic behavior by Simon Property Group Inc. likely will proceed to trial after a federal judge in South Bend denied a motion by the Indianapolis-based mall giant to dismiss the 3-year-old case.
IMS considers dropping MotoGP event for new sports-car race
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
Company news
California-based St. Baldrick’s Foundation awarded $127,182 in pediatric cancer research grants to two physicians at the Indiana University School of Medicine. Dr. Celeste Phillips-Salimi received $49,730 to fund her work to provide Web-based resources to improve quality of life for adolescents and young adults fighting cancer. Dr. Jodi Skiles was granted $77,452 to study when and why vincristine, a major drug used to treat many childhood cancers, becomes toxic in larger doses.
Indianapolis-based CRO Solutions Inc., a team of business development professionals that connects small and mid-sized contract research organizations to drug companies, has launched a subsidiary focused on contract research to develop drugs, medical devices and drug-device combination products. The unit, VxP Pharma Inc., also will be headquartered in Indianapolis, but have access to facilities in Europe and Asia. VxP consists of a series of small, independently owned facilities, each focused on just one area of drug development. The company has about 10 employees.
People
Dr. Aaron Carlisle, a family medicine physician, has joined Community Health Physicians in Fishers. Carlisle earned his medical degree from Tulane University School of Medicine. Prior to coming to Community, he served for 12 years as a family medicine physician in the United States Army, including two tours in Iraq.
Dr. Roberto Darroca, an OB-GYN physician, has joined Community Health Network in Muncie. Darroca completed his medical degree at the Indiana University School of Medicine. He was previously in private practice for 22 years.
OrthoIndy channeling Walmart in comeback bid
The local orthopedic surgeons are presenting themselves as low-cost providers in an attempt to reverse growth restrictions imposed by Obamacare.
Zimmer told to pay Stryker $228 million in patent case
Indiana-based Zimmer Holdings Inc., which lost a February trial against Stryker Corp. over a surgical device patent, was told to pay three times the jury award, plus other costs.
Indiana lawsuit about cold beer sales faces uphill battle
States are viewed as having wide latitude to regulate alcohol sales.
Bus crash probe still not completed
Officials investigating an Indianapolis church bus crash that killed three people and injured 33 others say it could take another three weeks to finish their probe. Prosecutors have received preliminary findings from police but are awaiting additional tests on the bus' brakes. Driver Dennis Maurer told police after the July 27 crash that the brakes failed before the bus hit a median just off an Interstate 465 exit.
Woman charged after driving into kids
A 16-year-old girl and a 12-year-old boy in Frankfort were airlifted to an Indianapolis hospital with serious injuries Wednesday evening after a sport-utility vehicle crashed into their bicycles. Heather L. McDaniel, 39, of Frankfort, was arrested on preliminary charges of operating a vehicle while intoxicated resulting in serious injury and criminal recklessness with a motor vehicle.
Boy, 6, injured in east-side crash
A 6-year-old boy was injured Thursday morning when a car driven by his mother pulled out in front of a semitrailer near Shortridge Road and English Avenue on the far east side of Indianapolis. Police suspect alcohol was a factor. The boy is in stable condition with possible internal injuries.
Star’s newsroom hit with high-profile departures
The state's largest newspaper is losing society columnist Cathy Kightlinger for another gig. Mary Beth Schneider, senior statehouse reporter, is taking a three-month sabbatical and leaving terms of her return murky.
Trust invites bids on GM stamping plant property
The owner of the 102-acre site has selected 12 companies and asked them to submit redevelopment plans. A deal could be announced by the end of the year.
Meijer plans to hire more than 9,000 in five states
The Grand Rapids-based company says it wants to hire 1,800 in Indiana. Most of the new positions will be part-time.