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ITT Educational Services Inc. hurdled over analysts’ estimates with its first-quarter profit and raised its 2009 profit forecast by 50 cents per share, the company announced this morning. The Carmel-based operator of career and technical schools boosted profits 45 percent, to nearly $62 million, in the three months ended March 31, compared with the same […]
A federal judge in Indianapolis blocked today’s planned launch of a generic version of Evista, an osteoporosis and breast cancer drug made by Indianapolis-based Eli Lilly and Co. Sarah Evans Barker granted Lilly a preliminary injunction against Israel-based Teva Pharmaceuticals Industries Ltd. In March, Teva said it would wait until April 23 to launch its […]
General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people briefed on the plan said yesterday. Thousands of GM workers could learn about the decision as early as today. The exact dates of […]
Not-for-profit Storytelling Arts of Indiana has canceled its long-running fall festival this year because it anticipates large cuts in city and state grant funding, it announced today. What would have been the 22nd annual Hoosier Storytelling Festival was planned for Sept. 24-26 in Military Park in Indianapolis. The event typically draws 4,000 attendees, including 3,000 […]
Casinos would be the only public indoor places in Indiana where smokers could light up if a legislator can win passage of a statewide smoking-ban law. Rep. Charlie Brown (D-Gary) wants to amend another one of his bills to include the ban on smoking in most public indoor places. He said today that he’s willing […]
You might think people would be hankering to buy businesses, what with the frail economy tripping trap doors
beneath more and more jobs.
Not so, says the managing partner of the stateâ??s largest business brokerage.
Ed Mysogland says the Web site for…
I’m not sure what it has to do with sports, but ESPN columnist Rick Reilly delves into the business of a locally run Internet search engine in his most recent column. While the…
Indianapolis retirement community Marquette Manor announced this morning that it has secured $66 million in financing for an expansion project that should be completed next spring. Located on Township Line Road on the northwest side, Marquette Manor was built in 1981 and has about 500 residents. The expansion that started a year ago features a […]
Two Indiana universities and a child-services agency are set to benefit from a $27 million estate left by banking executive Arthur Hodson. Indiana Wesleyan University in Marion, Taylor University in Upland and White’s Residential and Family Services in Wabash will receive a majority of the estate, Indiana Wesleyan announced today. The exact distribution of the […]
On Thursday, April 30, Stephen Sondheim will be discussing his career in an on-stage interview with NPR’s Scott Simon at IU Auditorium in Bloomington.
Yes, it’s the same Stephen Sondheim who wrote…
The Indianapolis Art Center announced today that it has chosen Carter Wolf as its new CEO. Wolf, executive director of Indianapolis homeless center Horizon House, will assume leadership July 1. He will succeed Joyce Sommers, who has led the organization the past 33 years. Established in 1934 during the Great Depression as a Works Progress […]
Investors yawned this morning after WellPoint Inc. reported slightly lower first-quarter profits that soared above analysts’ expectations. In late-morning trading, WellPoint’s share price hovered near yesterday’s closing price of $41.76. The Indianapolis-based health insurer earned $1.62 per share, excluding investment losses, in the three months ended March 31. That marked a 43-percent rise from the […]
A youth minister at Greenwood’s Salvation Army Church has been arrested and charged with child molestation following an investigation by the Franklin Police Department. Police arrested Jonathan James Hartman, 29, after a 15-year-old old girl reported she was pregnant. The investigation revealed two more female victims who are also 15. Fox 59 will have more […]
Investors yawned this morning after WellPoint Inc. reported slightly lower first-quarter profits that soared above analysts’ expectations. In late-morning trading, WellPoint’s share price hovered near yesterday’s closing price of $41.76. The Indianapolis-based health insurer earned $1.62 per share, excluding investment losses, in the three months ended March 31. That marked a 43-percent rise from the […]
An Indiana biotechnology company announced yesterday that it has begun producing a genetically modified yeast that promises to make it easier and faster to turn corn cobs, wood chips and a host of agricultural wastes into ethanol. Green Tech America Inc. of West Lafayette said its modified yeast ferments both major forms of sugar – […]
Police are looking for the man who allegedly raped a woman in the first-floor bathroom of a west-side Indianapolis medical building. It happened at a Westview Hospital satellite office at 3520 Guion Road about 11:30 a.m. Monday.
A search committee unanimously voted today to recommend that state Sen. Teresa Lubbers be hired as Indiana’s commissioner for higher education. Lubbers confirmed through a spokeswoman yesterday that she was a leading candidate for the job. The Indiana Commission for Higher Education is expected to confirm the recommendation at its May 8 meeting in New […]
Police say a body found in Kentucky in 2007 was incorrectly identified as Scott Michael Morris, an Indianapolis teenager who disappeared in 1978. Kentucky police say a detective got verbal confirmation in 2007 that the body was identified as Morris, and that information was released to the media. The same detective has received written confirmation […]
The Indianapolis Art Center announced today that it has chosen Carter Wolf as its new CEO. Wolf, executive director of Indianapolis homeless center Horizon House, will assume leadership July 1. He will succeed Joyce Sommers, who has led the organization the past 33 years. Established in 1934 during the Great Depression as a Works Progress […]
Two Indiana universities and a child-services agency are set to benefit from a $27 million estate left by banking executive Arthur Hodson. Indiana Wesleyan University in Marion, Taylor University in Upland and White’s Residential and Family Services in Wabash will receive a majority of the estate, Indiana Wesleyan announced today. The exact distribution of the […]
