Lilly’s Cialis receives European approval for new use
The European Union has approved Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied to an enlarged prostate.
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Clowes to get $2M upgrade for 50th anniversary
Clowes Memorial Hall at Butler University will get a $2 million makeover that will involve replacing 2,200 seats and carpeting, Butler announced Tuesday.
Lottery manager ramping up advertising budget
The Hoosier Lottery’s new manager plans to launch a branding campaign in the spring as part of a business plan that calls for a significantly larger advertising budget. That could be good news for Indiana ad agencies.
MacAllister Machinery expanding in southwest Indiana
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility and create up to 61 jobs by 2016.
LA Fitness buys site near Washington Square, boosting area
LA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest sign of progress for a struggling retail submarket.
Anderson reduces cuts to fire, police departments
The Anderson City Council voted 8-1 Monday night to approve a 2013 budget that cuts nine firefighter and three police officer positions. That's down from the 29 total jobs in those departments that Mayor Kevin Smith initially proposed.
Diamond Foods closing Fishers plant with 100 employees
The maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased in 2006 from Harmony Foods Corp., on Jan. 31.
Lawmakers: More time needed for Indiana stage rules
Indiana lawmakers want to give a state panel two more years to adopt permanent rules intended to prevent a repeat of last year's deadly State Fair stage collapse.
Colts QB Luck, Riley Hospital reach multiyear promotional deal
Indianapolis Colts rookie quarterback Andrew Luck on Tuesday will announce his first local sponsorship deal, a four-year pact with Riley Hospital for Children at Indiana University Health.
CNO Financial earnings fall on recapitalization charge
Carmel-based CNO Financial Group on Monday reported a third-quarter loss of $5 million compared to a $179.5 million profit in the third quarter of 2011.
Allison lowers outlook after profit slides 17 percent
Allison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
Indiana businessman admits guilt in 2 fraud plots
An Indiana businessman has pleaded guilty to ripping off an Iowa company and duping investors in separate fraud schemes totaling $2.3 million.
Outlook gloomy for device investments
The amount of venture capital invested in medical-device and equipment companies nationally has declined each quarter this year, reaching levels not seen since 2004, according to data released Oct. 19 by the National Venture Capital Association and PricewaterhouseCoopers.
Lilly’s insulin dip concerns analysts
Eli Lilly and Co. suffered a tough week on the stock market, in part because of a disturbing bit of news buried in its third-quarter earnings report: Lilly’s insulin sales are down.
Man on ramp struck, killed by deputy
A Marion County deputy who hit and injured a pedestrian less than a year ago while driving a sheriff’s wagon drove into another man Sunday night, this time causing a fatality. Adam McCarty, 31, of Jamestown was trying to get a gas can from the back of his pickup truck on a ramp to Interstate 65 from 29th Street when he was struck by Deputy Erich Gephart. Last November, Gephart hit and seriously injured Charles Hill, 38, who was walking with his daughter in the 900 block of Fox Hill Drive. Gephart was placed on leave for about four months after the previous incident.
Firefighters battle string of east-side fires
Indianapolis firefighters fought multiple suspicious fires overnight on the near-east side. The first broke out in a vacant residence about 11:40 p.m. Sunday in the 300 block of North Rural Street and caused an estimated $1,500 in damage. The next occurred in a vacant house at 2:20 a.m. Monday in the 800 block of North Rural Street, causing about $75,000 in damage. Another blaze was called in about 2:30 a.m. in an occupied home in the 900 block of Eastern Avenue. A family of five escaped uninjured, but the fire caused $50,000 in damage. Firefighters were later called to trash fires in the 700 block of North Oxford Street and the 600 block of North Rural. Officials are investigating to see if the fires are related.
Sandy bringing wind, rain to Indiana
Indiana will see high winds and rain starting Monday as the remnants of Hurricane Sandy push inland from the East Coast. The National Weather Service in Indianapolis has issued a wind advisory beginning at 5 p.m. Sustained winds from the north or northwest at 20 mph to 25 mph are expected by afternoon. By nightfall, winds could increase to 30 mph with gusts to 50 mph in some parts of Indiana. Rain and possibly light snow are expected to arrive Tuesday.
Superintendent race a showdown over school changes
The campaign to lead Indiana's education department is being watched as a referendum on school policies pushed by conservatives across the country.
Manning, Irsay both looking pretty smart
Colts owner Jim Irsay insisted after last season it was time to move on with a new quarterback. His old QB, Peyton Manning, insisted he had more in the tank. Both are looking pretty smart these days. But does that ease the pain for Manning-loving Colts fans?
Hurricane cancels dozens of flights in, out of Indy
Major airlines on Monday called off 38 flights departing Indianapolis to several airports in New York, Newark, Philadelphia and Washington. Airlines also canceled 36 flights scheduled to arrive in Indianapolis the same day.