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Cook again tops list of richest Hoosiers

The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.

Daniels’ health care team says answers pending

Indiana Gov. Mitch Daniels' team of federal health care overhaul leaders told state lawmakers Wednesday that even without clear answers on the new law, it will cost the state hundreds of millions more in the coming years.

Melvin Simon estate collects $944M from share sale

Simon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership units into common shares and selling them for $944 million.

VON DEYLEN: Stay the path toward revitalized Fountain Square

What most people consider Fountain Square is actually a combination of three neighborhoods: Fountain Square, Fletcher Place and Holy Rosary. In 2005, I started working on my first project in this area, and it has changed the direction of my professional path in just about every way possible.

Ten drugmakers team up to improve testing process

Pharmaceutical industry heavyweights, including Eli Lilly and Co., are teaming up to improve the way experimental drugs are tested so they can get approved, and reach patients, faster.

IBJ Commercial Real Estate Power Breakfast – transcript

A panel conversation with Katie Culp, senior managing director, principal, Cassidy Turley; Mike Higbee, president, DC Development Group; Christie B. Kelley, chief financial officer, executive vice president, Duke Realty Philip; G. Kenney, president, F.A. Wilhelm Construction Co.; Thomas K. McGowan, president and chief operating officer, Kite Realty Group; and Tadd M. Miller, CEO, Milhaus Development LLC.

Fire that damaged 2 homes ruled arson

Investigators say a large fire that damaged two houses on the southwest side of Indianapolis late Monday night was intentionally set. Police have identified two possible suspects in connection with the fire in the 2200 block of West Morris Street. The fire caused an estimated $55,000 in damage to a vacant house and $20,000 in damage to a home next door. No injuries were reported.

Police arrest 13 in prostitution bust

Police have arrested 13 individuals on prostitution-related charges after an investigation into Asian massage parlors in Indianapolis, Plainfield, Shelbyville and Greensburg. Police said the operation included undercover work and coordination among several law-enforcement agencies. The charges include prostitution, promoting prostitution, patronizing a prostitute and corrupt business influence. Police also seized more than $115,000 in cash.

Charges filed against gang members

Marion County Prosecutor Terry Curry said Wednesday that he is filing multiple charges against more than a dozen members of two competing south-side Indianapolis gangs, the “Problem Child Gang” and “Fountain Square Boyz.” Charges range from criminal gang activity to battery and corrupt business influence. Investigators said the gangs are behind a series of crimes, including robberies, drug sales, graffiti and gun crimes. Many of the gang members are juveniles.

Indiana ethanol plant resumes operations

Valero Energy Corp., the third-largest U.S. ethanol producer, has restarted distilleries in Nebraska and Indiana, as profit margins for the fuel improved.