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Carmel startup lands $12M-WEB ONLY
A Carmel startup that hopes to research drug components here and make them in China has just raised $12 million in venture capital-despite the recession and a deep freeze in financial markets. The founder of 2-year-old Waterstone Pharmaceuticals Inc. is Chinese native Faming Zhang, 44, a former Eli Lilly and Co. executive and Indiana University […]
EYE ON THE PIE: We citizens must save the state-WEB ONLY
Here we go again. The Legislature is in session and the governor tells us how tight the budget will be. Can you recall a time when Hoosier state and local budgets were not in trouble? Did any governor ever come before the General Assembly and say, “Folks, we got more money than we know what […]
DINING: PIZZERIAS-WEB ONLY
As restaurant locations go, Tomato Pie’s is far from ideal, tucked away in an aging strip mall in the shadow of Interstate 465 (9611 College Ave., 815-0011). But the pizza menu at this locally owned bistro aims to be noticed, with an ambitious array of unusual toppings like boiled eggs, linguine noodles and lentil beans […]
City’s environmental effort gets boost-WEB ONLY
The city’s Republican administration is getting green from a prominent Democratic family to support an environmental initiative ranging from energy-efficient city buildings to bicycle paths. The McKinney Family Foundation has created a fund to support initiatives of Mayor Greg Ballard’s 3-month-old Office of Sustainability. The McKinney family, led by former First Indiana Bank head Robert […]
Sagamore Club hits rough-WEB ONLY
Members of an exclusive Noblesville golf club are worried the operation might fold under financial pressure, but the facility’s operators say a predicted cash infusion will keep golf balls flying this spring. Obtaining the cash needed to keep The Sagamore Club operating could be a tall order in this rough economy, which has seen courses […]
DINING: PIZZERIAS-WEB ONLY
As restaurant locations go, Tomato Pie’s is far from ideal, tucked away in an aging strip mall in the shadow of Interstate 465 (9611 College Ave., 815-0011). But the pizza menu at this locally owned bistro aims to be noticed, with an ambitious array of unusual toppings like boiled eggs, linguine noodles and lentil beans […]
Funding cuts delay life science efforts-WEB ONLY
When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]
Mystery: A new city is coming?
Does anyone have an explanation for the window display in the building at Pennsylvania and Georgia streets across from Conseco Fieldhouse?…
Archie has no reason to complain
Peyton and Eli aren’t the only Mannings raking in the dough from marketing and advertising deals. Their dad, Archie, who retired as a player in 1984, is also doing just fine. In recent…
WellPoint brass and rank-and-file
WellPoint unwittingly made an interesting point this morning when it announced it expects to save $24 million
by laying off 600 workers.
Those 600 workers in affect are being valued at about half the $47.5 million in total compensation…
Manning: ‘It’s on like Donkey Kong’
You may not take the Jan. 18 lick-off between Peyton and Eli Manning and Venus and Serena Williams seriously, but you can bet the folks at Kraft, who own the Oreo brand, are.
This…
Marlee Matlin, audience member
Oscar-winner Marlee Matlin (“Children of a Lesser God”) got into town early for her “Dancing with the Stars” performance in time to catch the Phoenix Theatre’s production of “Love Person.” The play stars Tami Lee Santimyer, who also starred in…
Neighbors plot firehouse rescue
Concern over the future of Broad Ripple Fire Station No. 32 is heating up as the Indianapolis Fire Department weighs whether to close…
Little cars big deal for IRL
Indy Racing League officials are finalizing a deal with Mattel’s Hot Wheels to roll out a line of replica open-wheel cars this spring. As little cars go, this is a pretty big deal….
Higher ed commissioner to resign-WEB ONLY
Indiana‘s higher education commissioner will leave his post April 30 to pursue other opportunities. Stan Jones has led the state agency that oversees colleges and universities since 1995. During Jones’ tenure at the Indiana Commission for Higher Education, he oversaw the creation of the 21st Century Scholars program, which helps low-income students to attend college, […]
Thoughts on Schrenker
One of the themes emerging from the developing story about Marcus Schrenker is that he was driven to personal
destruction at least partly by greed.
The Fishers investment manager had a history of living well beyond his means, and…
BASI restates earnings, turns profit-WEB ONLY
West-Lafayette based Bioanalytical Systems Inc. restated its earnings on Wednesday and reported its second straight profitable year by posting a gain of $495,000 for the 12 months ended Sept. 30. Revenue in the fiscal year climbed nearly 5 percent, to $41.7 million.The company adjusted its earnings after incorrectly stating the tax provision for the fourth […]
Kokomo’s Chrysler workers await plant openings-WEB ONLY
Chrysler workers in Kokomo could find out today whether they will go back to work on Jan. 20, as scheduled, the Kokomo Tribune is reporting. Chrysler spokeswoman Mary Beth Halprin told the Tribune that production schedules are set on Thursdays, and that Chrysler could take into account December sales – which were down 53 percent […]