Browning adding more apartments to gain support for Broad Ripple project
The developer is proposing to add 15 units to the 88 apartments already included in the plans, increasing the cost of the project to $25 million.
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Lilly aims potential Alzheimer’s drug at early patients
The trial of 2,100 patients, called Expedition III, will use new measures of cognitive function, such as the ability to do tasks like cooking or driving, or remembering words after a delay.
BMV to credit drivers overcharged for licenses
Irwin Levin, the lawyer who first exposed the alleged $30 million in overcharging in the lawsuit, called Friday's announcement a "political" move designed to gloss over the state's faults.
Tech showcase crowns unlikely winner in pitch contest
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
Salesforce.com wraps up $2.5B acquisition of ExactTarget
Cloud computing giant Salesforce.com paid $33.75 per share to acquire ExactTarget. The price was roughly 6.5 times ExactTarget’s projected revenue for 2013, analysts said.
Familiar face returning to Fishers politics
Walt Kelly was appointed to the Fishers Town Council in 1977 and went on to be elected to the position, serving as the panel’s president for 17 years. He resigned more than a decade ago because of professional obligations.
ISO fills chair for general manager
Daniel Beckley, former executive director of the Charleston Symphony Orchestra, will take responsibility for the Indianapolis Symphony Orchestra and the Hilbert Circle Theatre.
Two automotive suppliers plan expansions in Marion County
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
WellPoint will pay $1.7M in online privacy inquiry
The agency said that between Oct. 23, 2009 and March 7, 2010, security weaknesses in a WellPoint online application database left the information of 612,402 people accessible to unauthorized users.
Shelbyville sees spark of revival downtown
A homegrown revival in Shelbyville could gain serious momentum with redevelopment of the vacant First Methodist Building, one of the most prominent buildings on the circle. A California investor bought the five-story building in May and plans a $3.5 million renovation.
Setting the record straight on Stevens’ move to Celtics
Just when you think nothing more can be said about Butler’s latest coaching departure …
Upstart theater companies struggle to find spaces to call their own
Some of Indianapolis’ up-and-coming theater groups are establishing their identities through recently acquired performance spaces.
Firm passed over for Ball State planetarium cries foul
Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.
Health tech startup aiming for fences
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year’s end. And it thinks business could triple next year.
DINING: Ciao-ing down in Greenwood courtesy of Cannoli Queen
Don’t let its name fool you: There’s more than treats here. Third in a month-long series of reviews of game-piece restaurants.
New owners plan to upgrade apartments plagued by shortcuts
The ill-fated Di Rimini apartment project that city officials halted three years ago because of numerous code violations is set to be resurrected by two local businessmen.
Blame Carson’s party for student debt
What perplexes me is, Andre Carson’s party had complete control of both houses of Congress when the initial student debt law was passed [July 8 Viewpoint].
IndyCar racing to line up sponsors to replace Izod
The IndyCar Series’ quest to find a presenting sponsor that could eventually replace Izod as title sponsor—a task series officials earlier this year called their top sales priority—has taken a blow.
Waltz changed emphasis of transit debate
Like Sen. Waltz, I will be serving on the legislative study committee dealing with the future of public transit for central Indiana. The committee has yet to meet and the senator had not shared his ideas with me, so I was interested in his thoughts [July 8]. He seems to have redefined our task.