First Merchants’ deal to make it state’s second-biggest bank
The acquisition of CFS Bancorp Inc. will increase First Merchants' assets to $5.4 billion and leave it with nearly 100 offices.
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Study rebuts hospitals’ argument on Medicare, rising costs
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across the country have been raising prices just because they can, according to a new study.
New north-side IndyGo route starts in June
IndyGo will begin new crosstown service June 10 on 86th Street, the result of a $6 million budget increase that has funded improvements throughout the bus system.
PANEL: Life sciences will see radically different future
IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues of venture capital, digital health innovations and research university entrepreneurship.
Panel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.
The following is an unedited transcript of the discussion.
High court rules against Indiana farmer in patent case
The Supreme Court has sustained Monsanto Co.'s claim that an Indiana farmer violated the company's patents on soybean seeds that are resistant to its weed-killer.
Ball State president among nation’s highest paid
BSU’s Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year, according to a new survey released Monday.
King David selling beer; South of Chicago expanding
The downtown hot dog joint has begun offering Sun King brews and has expanded its hours, while South of Chicago on Virginia Avenue is looking to take its deep dish pizza to Hamilton County.
UPDATE: Brizzi lieutenant agrees to guilty plea in bribery case
David Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the early release of a woman convicted in a murder-for-hire scheme.
You-review-it Monday
So did you get down on the Cultural Trail? Catch “4000 Miles” at the Phoenix or the last weekend of “A Midsummer Night’s Dream” at the IRT? Find “The Great Gatsby” great or not-so-great?
Indiana schools seeing more success with tax hikes
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
Pence signs measure overhauling Marion County government
Indiana Gov. Mike Pence on Saturday signed a bill into law that reshapes Marion County government through the elimination of four at-large City-County Council seats and other changes.
‘Pause’ on Common Core leaves teachers in limbo
Lawmakers voted last month to delay full implementation of the academic standards to allow time to study the potential costs of implementing or abandoning the standards and hold public meetings.
Pence signs $100 million Speedway funding bill
Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.
Airport drops case to fend off private parking operator
The airport's decision comes as a bipartisan group of City-County Councilors backed a resolution asking airport authority to drop its case against Midwest Logistics Partners, owner of the Ameriplex business park south of the airport.
Mellencamp’s musical to launch tour from IU
“Ghost Brothers of Darkland County,” a collaboration with Stephen King, once talked about for Broadway, will hit 20 cities, beginning with Bloomington and Indy.
New leader named for Indiana natural resources agency
Gov. Mike Pence has picked Cameron Clark to lead the agency that oversees the state's parks, wildlife areas and historic sites and enforces hunting laws.
Broad Ripple telecom firm plans big growth, 183 jobs
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
Local runners snap up Fishers firm’s Boston tribute
Best known for a line of T-shirts inspired by ugly Christmas sweaters, upstart Fishers clothing company Vardagen got an unexpected spring boost from a design created to raise money for victims of last month’s Boston Marathon bombing.
Cultural Trail plans opening party
The Indianapolis Cultural Trail celebrates its official completion with a ribbon-cutting ceremony Friday. The Get Down On It weekend celebration kicks off at City Market near Market and Alabama streets at 3:45 p.m., when U.S. Transportation Secretary Ray LaHood will join local officials and trail representatives to formally open the eight-mile trail. On Saturday from 10 a.m. to 10 p.m., organizers plan 85 free events along the path, including an exotic-animal petting zoo, hot air balloons, dancing lessons and live music.
Leak could take weeks to fix
West 56th Street on the northwest side of Indianapolis remained closed Friday morning as crews worked to clean up about 9,000 gallons of diesel fuel that leaked from a Marathon oil pipeline. The leak was discovered at about 4:30 a.m. Thursday in the 5600 block of Guion Road after officials received reports of a strong odor coming from the area. Cleanup is expected to take several weeks.