IRL looks to race into Mexico
Indy Racing League officials were in Mexico City early this week to look at a possible location for a race there, which could be held as early as 2009. It may have to be pushed to 2010, depending on scheduling…
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Dow gives to flood relief efforts
Indianapolis-based Dow AgroSciences will donate $25,000 to Indiana flood relief efforts. The Dow Chemical Co. Foundation will give the money to the American Red Cross of Greater Indianapolis to help victims of the flooding that has caused dozens of counties to be declared disaster areas. Dow AgroSciences is a subsidiary of Michigan-based Dow Chemical Co. […]
BSU: $126M in flood damage
Flooding over the weekend caused an estimated $126 million in damage across central Indiana, according to a study by The Bureau of Business Research at Ball State University. The estimate included damage to structures and contents of homes and business, and $45 million in damage to public buildings, roads, bridges and water and sewer systems. […]
Lilly, partners release report on diabetes drug
Indianapois-based Eli Lilly and Co., along with California-based Amylin Pharmaceuticals Inc. and Massachusetts-based Alkermes Inc., released clinical trial results Monday night for their long-acting version of Byetta, a diabetes drug that analysts expect to be a big seller. The study showed that patients maintained and even improved on their lower blood sugar and weight levels […]
Local apartment manager loses contract
Locally based Flaherty & Collins Properties has laid off several employees after losing a management contract for properties in Indiana, Ohio and Michigan. The move comes after California-based AIG Sun America elected to consolidate its property management operations, said Mark Conover, a Flaherty spokesman. The layoffs affected fewer than 10 people, a small portion of […]
It’s hot, and Villagio needs a pool
The developers of downtown’s Villagio at Page Pointe are hoping city officials will waive development standards so condo owners can cool off in a new pool next door to…
Hiring at Agape call center below expectations
Agape Communications LLC, a startup call center in Anderson that said on May 2 it would hire 75 workers immediately, has only filled 20 positions, reports Anderson’s Herald Bulletin. Company officials said they are receiving fewer applications than expected and can’t explain the lack of interest. Starting pay is $8.50 an hour, plus bonuses. At […]
Chicago’s Muti pageant
I’m sure there are arts patrons in Central Indiana who travel across the border to hear the Chicago Symphony Orchestra. I just don’t know any of them.
For most of us, the musical difference between a true world-class orchestra like the…
Tipton County transmission plant begins hiring
Hiring has begun at the Getrag Corp. transmission plant north of Indianapolis, nearly a year after the German manufacturer announced plans to build the $530 million plant in Tipton County, reports the Kokomo Tribune. So far, 19 salaried workers have been hired; two more are slated to come aboard by July 1. The plant is […]
Flood-battered businesses brace for more rain
Cummins Inc. and other south-central Indiana employers are assessing flood damage in around their businesses as they prepare for the possibility of more storms this evening. Gov. Mitch Daniels has declared 29 Indiana counties disaster areas. As much as 11 inches of rain fell in parts of Indiana over the weekend. The National Weather Service […]
Lilly foundation gives to aid storm victims
Eli Lilly and Co. Foundation, the charitable arm of Indianapolis-based Eli Lilly and Co., will give $100,000 to help Indiana tornado and flood victims. The Lilly foundation will donate the money to the Disaster Relief Fund of the American Red Cross of Greater Indianapolis, which will coordinate food, shelter, medical supplies and other essential items […]
Researchers’ disclosure of Lilly payments probed
Three Harvard Medical School doctors whose studies helped pave the way for the use of psychiatric drugs in children are being investigated for failing to properly disclose payments from several drugmakers, including Eli Lilly and Co., reports Bloomberg News. The researchers initially said they received less than $80,000 from Lilly, which makes the antipsychotic drug […]
Rebirth for Ambassador?
Two local developers have submitted bids to redevelop the Ambassador apartments adjacent to the Central Library. Van Rooy and Buckingham both proposed mixed uses for the Ambassador building, with street-level retail and commercial…
Just Marketing gets investment boost
Just Marketing International has received an investment of more than $50 million from New York-based Spire Capital Partners and Switzerland-based Credit Suisse. The motorsports marketing company and its new partners plan to explore a variety of initiatives, including acquisitions. No changes are expected to the current Just Marketing management team, which is led by CEO Zak […]
You-review-it Monday
Welcome to Monday.
I hope your weekend was a satisfying one. Mine included trips to Buck Creek Players to see the musical “Honk!” (where my son slept during the second act) and to Tibbs Drive-in (where my son slept through the…
Depending on a three-legged stool
Economic development experts have long contended that business investment and good jobs gravitate to places
where business, government and higher education are on the ball and get along together.
If one of the three legs doesnâ??t carry its weight, the other…
SPORTS: Excitement-and fear-grows as Cubs pile up wins
My father in law, John Parker Jr., died this past March in LaPorte. He was 90, so he didn’t get shortchanged in the longevity department. He had a full, complete life. Except for one thing. He spent virtually all those 90 years rooting for his beloved Chicago Cubs to win a World Series. As with many from northwestern Indiana-Da Region-his afternoon ritual, especially in his retirement years, was sitting in front of the television to root, root, root for the…
VOICES FROM THE INDUSTRY: Remember the consumer in ‘consumer-driven’ plans
While many businesses have made the phrase “consumerdirected health care” a standard part of benefits conversations, too many have failed to do the one thing that will make this approach successful: treat employees like consumers. Instead, employers have “communicat ed” this new benefit trend the same old way, with jargon-laced handouts, uninformative brochures and dry presentations. No wonder all employees aren’t embracing consumer-directed health care. Researchers wouldn’t be surprised by employees’ slow adoption. Studies show that employees typically are more…
A&E: Locals conjure up monthly magic
When IndyFringe, the eclectic latesummer theater fest, launched, I hoped it would have ripple effects on the yearround arts scene here, perhaps inspiring fledgling theater companies to try lowcost Fringe productions and then move out from under the festival umbrella to stage full shows on their own. What I didn’t expect was that, thanks in part to the Fest, we’d now have magic on stage throughout the year. Taylor Martin-an IndyFringe staple whose on-stage characters include Colonial magician Rodney the…
Commentary: Smart policies can lengthen lives
Over the last 20 years, life expectancy for residents of the United States as a whole has increased steadily. However, recent studies by the U.S. Department of Health and Human Services have shown that not all Americans are enjoying longer, healthier lives. The implications of these studies are particularly ominous for Hoosiers. The disparities in life expectancy are most pronounced between richer and poorer Americans, reflecting the pronounced growth of income inequality the last two decades. In 1980, the most…