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Scores released Tuesday by the state education department show that of the 500,000 students taking the standardized tests, 71 percent passed both the language arts and math sections. That's up one percentage point from last year.
Two men were shot just after 11 p.m. Monday on the northeast side of Indianapolis. The shooting left both men hospitalized, including one in critical condition. One man was found in the front yard of a home in the 600 block of North Parker Avenue. The other was found in a home next door. Police said the victims were shot as they were walking on the sidewalk.
A family of four was displaced early Tuesday morning by a fire that damaged Lakewood Lodge Apartments on the northeast side of Indianapolis. Firefighters were called to the scene just after 2 a.m. No one was injured in the blaze, which caused an estimated $150,000 in damage.
A 32-year-old Martinsville man turned himself into police Monday after allegedly shooting the mother of his 14-month-old daughter to death. Police say Addam Foster posted an apology for what he was about to do just prior to fatally shooting 24-year-old Melissa Moore. The shooting took place in the couple’s duplex just before 1 p.m. Monday. The baby, who was in the home at the time of the shooting, is now in the care of grandparents. Foster was charged with murder.
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
A quirky California chain that boasts "one of the largest and craziest selections of glass bottled soda pops and retro candies for sale in America" plans to open its first Indiana store next to Potbelly on Monument Circle.
Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop. Indiana and Illinois have been particularly hard hit.
A chain of dental offices that abruptly closed multiple Indiana locations in December 2010 left patients without care, refunds or records, according to a complaint filed by the Office of the Indiana Attorney General.
Indiana Schools Superintendent Tony Bennett is rolling out the latest statewide school test scores.
Old National Bancorp has appointed former Indiana Chief Justice Randall Shepard to its board of directors.
Indiana Democrats attacked Republican Senate candidate Richard Mourdock on Monday for opposing the 2009 Chrysler bankruptcy, a position they see as his biggest weakness.
The average rate for 30-year mortgages fell from 3.89 percent to 3.87 percent for the week ended July 4, according to Bankrate.com. The rate for 15-year mortgages fell from 3.16 percent to 3.13 percent.
-D.B. Klain Construction LLC has completed a 3,947-square-foot tenant build-out for Repucare at 9245 N. Meridian St.
-Capitol Construction has completed a 20,500-square-foot office build-out for Guggenheim Partners at 401 Pennsylvania Parkway.
-Scholastic Book Fairs Inc. leased 24,294 square feet of industrial space at 4625 W. 86th St. The tenant was represented by Terry Busch of CBRE. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.
-Principal Financial Group leased 17,170 square feet at One College Park, 8910 Purdue Road. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Zeller Realty Group, was represented by Zeller’s Mark Vollbrecht and Tristan Glover.
-Arcadis U.S. Inc. leased 16,786 square feet at the Disciples Center, 130-132 E. Washington St. The tenant was represented by Emmett Purcell and Chris Pulie of USI Real Estate. The landlord, Perennial Washington Street LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Angie’s List leased 16,786 square feet at the Disciples Center, 130-132 E. Washington St. The tenant was represented by Mike Corr and Denice Michel of Jones Lang LaSalle. The landlord, Perennial Washington Street LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Arbor Homes leased 6,715 square feet of office space at 6666 E. 75th St. The landlord, Zimmer Real Estate Services, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.
-Clinical Architecture leased 4,029 square feet at Meridian Mark I, 11611 N. Meridian St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Zeller Realty Group, was represented by Zeller’s Tristan Glover.
-Pinnacle of Indiana leased 2,495 square feet at One College Park, 8910 Purdue Road. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Zeller Realty Group, was represented by Zeller’s Tristan Glover.
-Einstein Bros Bagels leased 1,980 square feet at Lockefield Commons, 901 Indiana Ave. The tenant was represented by Mark Perlstein and Keith Fried of Sitehawk Retail Real Estate. The landlord, Lockefield Commons Limited Partnership, was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Menchie’s Frozen Yogurt leased 1,615 square feet at Stony Creek Marketplace, 17120 Mercantile Blvd, Noblesville. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate.
-Verizon Wireless-Cellular Sales leased a 1,600-square-foot free-standing building at 7310 N. Keystone Ave. The landlord, 7310 LLC, was represented by Thomas Cortese of Acorn Group Inc. The tenant represented itself.
-Fox’s Pizza Den leased 1,600 square feet at Saratoga Shops, 1070 W. Main St., Plainfield. The landlord, Saratoga Associates LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Panda Express bought 1.09 acres at Campus Parkway and Bergen Boulevard in the Saxony Development in Noblesville. The price wasn’t disclosed. The buyer was represented by Steve Delaney of Sitehawk Retail Real Estate. The seller, Interstate Holdings LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Jack in the Box bought one acre at 5615-5619 W. 38th St. The price wasn’t disclosed. The buyer was represented by Connie Niessink of Niessink Commercial Real Estate Inc. The seller, Phillips Edison & Co., was represented by Allison Tiefel of Cassidy Turley.
-82 Flats LLC bought 5.22 acres at 4102 Claire Drive. The price wasn’t disclosed. The buyer and seller, Calinda Properties LLC, were represented by David Simons of Velocity Commercial Real Estate.
The nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials, architects, community activists and others.
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
The Indianapolis Parks Foundation has selected Tanya Husain as its new president, the group announced Monday. Husain will replace retiring parks foundation president Cindy Porteous.
Investors gave a cheer to WellPoint Inc.’s $4.9 billion deal to acquire Amerigroup Corp., a Virginia-based Medicaid managed care company. Shares of the Indianapolis-based health insurer shot up more than 5 percent in pre-market trading Monday and were still up 3 percent after 1 p.m. even as the broader markets fell slightly. Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the areas for growth the next several years. “This acquisition aligns WellPoint much better with where the market is heading in terms of customers and markets,” Credit Suisse analyst Charles Boorady said during a conference call Monday morning. The deal will bring WellPoint more than 2.6 million Medicaid members in 12 states—more than doubling the 1.9 Medicaid members the company now manages. The combined companies would be the largest provider of Medicaid managed care in the nation. Medicaid is a health insurance program for the poor funded jointly by states and the federal government. Along with the federal Medicare program for seniors, it is expected to be a key driver of growth for health insurers over the next few years.
Meadows Community Foundation will develop a 70,000-square-foot Health & Wellness Center in the Avondale Meadows Community on Indianapolis’ northeast side. The nearly $20 million facility is part of a 100-acre neighborhood revitalization within the Meadows area, financed in part by a group started by superstar investor Warren Buffet. The new center will include an 18,000-square-foot health clinic operated by Indianapolis-based HealthNet Inc. and a 32,000-square-foot outpost of the YMCA. The center will provide early-learning classrooms for children, as well as youth mentoring and family programs.
Andrew Saykin, director of the Indiana University Center for Neuroimaging, is serving as principal investigator for a new nationwide research project to understand the genetics of Alzheimer’s disease. The researchers will sequence the genomes of more than 800 older adults who are currently part of the Alzheimer’s Disease Neuroimaging Initiative, an 8-year-old project to find biological markers that indicate when Alzheimer’s is developing. The National Cell Repository for Alzheimer's Disease at the Indiana University School of Medicine will serve as the storage site for the DNA samples collected around the country for the initiative. “This is the equivalent of going from a good quality map of the United States to having the detailed blueprints for everything within our borders,” Saykin said in a statement.
Eli Lilly and Co. received an extra six months of marketing exclusivity in the United States for its antidepressant Cymbalta, its biggest-selling drug. The Indianapolis-based drugmaker said marketing exclusivity on Cymbalta will now expire in December 2013, which means cheaper generic copies of the drug will not be approved until then. The extension likely will give Lilly an extra $2 billion in sales, according to the Associated Press. The drugmaker said the U.S. Food and Drug Administration had determined that Cymbalta meets requirements for a pediatric exclusivity extension even though Cymbalta is not approved for use in children. U.S. sales of Cymbalta totaled $1.8 billion in the fourth quarter of 2011 and the first quarter of 2012. That was about three-quarters of all worldwide sales of the drug.
Erbitux, a cancer treatment made by Indianapolis-based Eli Lilly and Co.'s Imclone unit, failed to help patients with advanced stomach tumors in a late-stage clinical trial, according to the company that markets the drug overseas. Erbitux, when combined with two other medicines, didn’t extend the length of time that patients lived without their disease getting worse, said Germany-based Merck KGaA. Lilly and New York-based Bristol-Myers Squibb Co. market Erbitux in the United States and Canada, while Merck promotes it in all other markets. According to Bloomberg News, Lilly realized total revenue of $409 million from Erbitux in 2011.
Indiana University Health, as well as a partnership of Franciscan Alliance and American Health Network, have formed accountable care organizations that won the blessing of the federal Medicare Shared Savings program.
