Logging plan for Indiana forest draws opposition
The group Hoosier Forest Watch maintains that the logging work would damage the 1,500-acre back-country section of Morgan-Monroe State Forest near Bloomington. The state disagrees.
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East-side building donation benefits area not-for-profit
Aaron York’s Quality Air, which has moved to a new location near Lucas Oil Stadium, donated the 66,000-square-foot building it vacated on the east side to a neighborhood not-for-profit.
‘Turbo’ off to slower-than-expected start at box office
The Indianapolis-based IndyCar Series and open-wheel racing enthusiasts were hoping the movie would create a buzz about the sport, but interest has fallen short of expectations so far.
Purdue profs blast Daniels on academic freedom
Dozens of Purdue University professors questioned their new school president's commitment to academic freedom Monday following the release of emails showing that as governor Mitch Daniels tried to keep a liberal historian's textbook out of Indiana classrooms.
Berry picked as new Indiana GOP chairman
The Indiana Republican Party's executive committee voted unanimously Monday to elect Auditor Tim Berry as the state GOP chairman and to hold the party's 2014 state convention in his hometown of Fort Wayne.
Old Northside apartment projects reviving two buildings
Flock Real Estate Group is investing $1 million to refurbish side-by-side apartment buildings at the northeast corner of 13th and Alabama streets, and Englewood Group is spending $3.6 million to convert a former church across the street.
Franciscan doubles down on accountable care
Franciscan St. Francis Health earned a $6.6 million bonus from the Medicare program for its success at keeping central Indiana patients out of the hospital and the emergency room. So the hospital system will expand its participation in so-called accountable care programs to all its Indiana territories.
People
Tennessee-based Centerstone promoted Meagan Terlep to assistant director of children and family services for its mental health operations across southern Indiana. Terlep joined Centerstone in 2009. She holds a bachelor’s degree from Franklin College and a master’s degree in clinical psychology from the University of Indianapolis.
Mark Guinan, chief financial officer of Hill-Rom Holdings Inc., has resigned to become the CFO of New Jersey-based Quest Diagnostics Inc. Hill-Rom, a Batesville-based maker of hospital beds and equipment, has launched a search for Guinan’s replacement. Until then, Michael Macek, Hill-Rom's treasurer, will act as interim CFO.
Company news
Eli Lilly and Co. will freeze pay this year for most workers, including executives, in a move designed to save $400 million by the end of 2016, according to Bloomberg News. The Indianapolis-based drugmaker, which employs more than 38,000 workers worldwide, is reducing expenses and counting on emerging markets, animal health products and experimental diabetes drugs to revive growth as it loses revenue from top products to generic competitors. Cymbalta, a depression pill that at $5 billion a year is the drugmaker’s biggest seller, loses U.S. patent protection in December. That development, as well as the 2014 expiration of patents on the osteoporosis drug Evista, will slash Lilly’s revenue 20 percent, the company said.
Indianapolis-based ApeX Therapeutics, a cancer drug discovery firm, received a $240,332 grant from the National Cancer Institute at the National Institutes of Health via the Small Business Innovation Research program. ApeX, which uses technology licensed from Indiana University, will use the grant to develop an oral or injectable medicine to treat leukemia and other tumors in children. ApeX previously received funding from Indiana University's Innovate Indiana Fund and Indianapolis-based Pearl Street Venture Fund.
Indianapolis-based Elevate Ventures invested $50,000 in Evansville-based Curvo Labs LLC, which has developed a data platform to help hospitals, surgery centers and medical device companies share information. Curvo uses supply purchase histories and surgeon preference data from hospital and surgery centers to identify business opportunities for medical device companies. It also helps hospital administrators drive down their costs of purchasing medical devices. Elevate Ventures is a private organization charged with investing funds provided by the state of Indiana.
Synthetic drug overdoses decline
The Indiana Poison Center has seen big drops in the number of reported overdoses from synthetic drug abuse since state laws banning the drugs took effect. The latest poison center report shows an 86-percent decrease in reported overdoses of “bath salt” drugs since 2011. The center has had a 61-percent decrease in “spice” overdoses over the same period.
Man critical after police shooting
Investigators say a Noblesville man who was critically injured when he was shot by police wanted officers to kill him. Taylor Bell, 27, was shot Saturday night in a parking lot near Riverview Hospital after pointing a gun at officers. Police earlier used beanbag rounds and Tasers to subdue Bell without success. Bell’s weapon turned out to be an Airsoft gun that fired plastic pellets.
Man arrested in Fountain Square murder
Police have arrested a man in connection with the fatal shooting of a Fountain Square man. Keith Brown, 22, of Indianapolis, was arrested in Detroit on Saturday and charged with the June 28 murder of Jimmy Fesler, 37. Fesler was shot in his home while celebrating his birthday with his family.
Most individuals will pay less, not more, in Obamacare exchanges
Even with premiums doubling from 2012 to 2014, Obamacare’s subsidies will offset premium increases for most Hoosiers buying health insurance via the new federal exchanges.
Do Pocono ratings show IndyCar needs more oval races?
Old-school open-wheel fans are crowing that the ratings of IndyCar's Pocono race mean the series needs more ovals. On some levels, their argument makes a lot of sense. But does that mean changes are coming?
New CEO aims to continue Day Nursery’s 114-year run
Challenges for Ted Maple, formerly in charge of early-childhood education for the United Way, include keeping the venerable child care provider and its $10 million budget in the black.
NCAA rejects claims in concussion lawsuit
Attorneys suing the Indianapolis-based NCAA over its handling of head injuries asked a federal judge to let them expand the lawsuit to include thousands of plaintiffs nationwide.
Speedway making security changes for Brickyard 400
Indianapolis Motor Speedway officials say they're working on ways to make sure fans for this weekend’s race don’t face the same long security lines that frustrated many at the Indianapolis 500 in May.
Chief justice wants lawyers to do more pro bono work
One key proposal from a state commission is to require all licensed attorneys in Indiana to report their pro bono hours.
Dominion buys solar power projects near Indianapolis
The seller, Minnesota-based Sunrise Energy Ventures, put a price tag of more than $50 million on the projects earlier this year when it sought zoning approvals and government funds to help develop them.
Will retail follow rooftops in Village of WestClay?
If the “retail follows rooftops” real estate mantra is true, The Village of WestClay may soon see the commercial development its founders envisioned more than a decade ago.