Zimmer earnings fall on legal reserve costs
Zimmer Holdings saw second-quarter earnings slump 29 percent as the orthopedic device maker set aside an additional $47 million to cover the cost of lawsuits related to its Durom hip cups.
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Three Indiana gas utilities face pipeline safety fines
The Indiana Utility Regulatory Commission says Northern Indiana Public Service Co., Vectren and Citizens Gas didn't follow procedures and keep accurate pipeline records.
ESPN hires Mike Wells to help expand Colts coverage
In an odd twist, the veteran NBA beat writer makes the leap to what radio and TV host Dan Patrick frequently calls the Mother Ship to write about a sport where he has little background.
Construction on orangutan center halfway done
The zoo says construction is expected to be complete by December. The center is being funded by a $30 million capital campaign.
Republic Airways earnings rise despite lower revenue
The Indianapolis-based company on Thursday reported quarterly earnings of $24.6 million, a 23-percent increase over the previous year. The earnings beat consensus analyst predictions by 4 cents per share.
Buffett says coal’s decline in U.S. to be gradual, yet permanent
Coal use in the United States will continue to fall, though the slide will be gradual as electric utilities switch to cleaner alternatives over “years and years,” billionaire Warren Buffett said at an event in Carmel this week.
DeHaan, Hiatt among Governor’s Arts Award recipients
Recipients of the 40th annual awards were announced Friday. An awards ceremony is scheduled for September.
Software firm finds beer business is a frothy market
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
Delany hasn’t lost sight of the core values of college sports
Big Ten Commissioner seeks more than TV ratings, full stadiums and Brinks trucks dumping their cargo on campuses from Lincoln to State College.
SMALL BUSINESS
A bipartisan group of lawmakers formed to address the needs of small businesses will conduct a series of meetings across the state in August and September. The Small Business Caucus wants to meet business owners and discuss what government can do to help their operations grow. Caucus co-chairs are Reps. Terri Austin, D-Anderson, and Tom […]
Bidders lining up to build key I-69 leg
Five global financing and construction teams want to build the next stage of Interstate 69 from Bloomington to Martinsville.
IU med school’s research efforts have multiplied, but so have peers’
Retiring Indiana University School of Medicine Dean Dr. Craig Brater has, in his 13-year tenure, doubled the school’s number of research-oriented faculty to 700, doubled the amount of space for them to work in, and doubled the revenue from research grants and contracts. But all that effort has hardly budged IU in national rankings.
Home Loan Bank taps CFO for top job
Cindy Konich is the new CEO of Federal Home Loan Bank of Indianapolis. She succeeds Milton J. Miller, 57, who retired July 1.
Under-the-radar utility-locating firm scores nearly $1B sale
Indianapolis-based United States Infrastructure Corp. just changed hands for the third time in five years—but not because it’s a hot potato nobody wants. Quite the contrary, as the latest sale price—nearly $1 billion—demonstrates.
Bank seeks abatement to construct office space along I-69
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
Developer HDG Mansur battling in court with former client
A local real estate fund manager sued by a former client is fighting the charges by claiming in a countersuit that it’s owed more than $20 million in fees.
Trio’s tenures with Colts predate infamous move from Baltimore
The only three employees still with the Colts since the team’s move to Indianapolis 30 years ago could not have envisioned what the franchise—and the community where it resides—would become in the last three decades.
BASILE: Getting to Cuba isn’t easy, but rewards are worth it
The Cuba we found was quite different from the Cuba of 1958, frequently portrayed in books and movies. Instead, of neon and casinos, we found crumbling buildings and functioning 1940s and 1950s American cars.
String of EEOC complaints dogs WTHR
A case brought early this year by the executive assistant to WTHR-TV Channel 13’s former president was the seventh since 2005 by a woman alleging sex discrimination at the NBC affiliate