You-review-it Monday
This week, I re-encountered ‘Oedipus’ at the IMA and spent quality time in a Chicago bar with Nathan Lane and Brian Dennehy. What about you?
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Cancer tools help Roche with Alzheimer’s drug
Treatments for central nervous system diseases have a huge potential payoff, analysts say. A hint of whether the gamble may pay off is due in the second half of this year, as Eli Lilly and Co. and Pfizer Inc. announce results for Alzheimer’s drugs that attack the same protein as Roche’s experimental drug.
Next Indiana governor won’t see much toll road money
The $3.8 billion that Indiana netted in 2006 from leasing the Indiana Toll Road to a foreign consortium will be mostly spent or allocated by the time the state’s next governor takes office in January
Indiana governor hopefuls detail ideas for job growth
Republican Mike Pence, Democrat John Gregg and Libertarian Rupert Boneham each say job creation would be “job one” if elected governor. But their means to reaching employment goals vary from dispatching missionary-style investment gurus, to growing more hemp and bamboo, to increasing wind-turbine manufacturing in the state.
JPMorgan Chase takes fire for ‘hedge,’ $2 billion loss
More than three years after the financial industry almost collapsed, the colossal misfire has been cited as proof that big banks still do not understand the threats posed by their own speculation.
Indiana delegation could see gender shakeup
Indiana has had only five female members of Congress in its history, none at the same time, and is currently among 16 states without a female serving in either the House or Senate. That could change this fall, though.
Purdue looks to new clinic to cut health costs
Purdue University's trustees approved plans Friday for a new campus medical clinic that administrators expect eventually will cut the school's health care costs for employees and their families.
Central Indiana home-sale agreements up in April
Purchase agreements of existing homes in the nine-county area tracked by F.C. Tucker Co. hit 2,252 last month, a 3.3-percent increase over April 2011. Year-to-date home sales were up 12 percent.
Indy art museum receives grant for Miller House
The Indianapolis Museum of Art has received a grant to digitize, catalog, and put online a collection of materials about a 1957 modernist-style home in Columbus designed by famed architect Eero Saarinen.
Police shoot naked man in Bloomington
Bloomington police say they shot and injured a naked man north of the Indiana University campus Friday morning after he fired shots at a home and several cars in the neighborhood. Police answering the 6:53 a.m. call ordered the man to drop his weapon. The man, described as college-aged, continued to wave the gun and was shot when he pointed the weapon in the direction of officers. The suspect was shot again after he fell to the ground and raised his gun. The man was in surgery Friday morning in unknown condition.
Truck driver dies in I-65 crash
A man driving a box truck died Thursday night in a collision with a semi-trailer on Interstate 65 near the Marion-Hendricks county line. The truck caught fire after the 10:45 p.m. collision. The semi driver was identified as Robert Labazevych, 50, of Chicago. He was taken to Wishard Hospital in critical but stable condition. Southbound lanes of the interstate were closed until Friday morning.
Man loses home, pet in morning fire
An Indianapolis man lost his west-side home and a pet in a fire Friday morning. Firefighters were called to the fire in the 1000 block of West McCarty Street at about 5:15 a.m. Homeowner Anthony Ryan told firefighters he was asleep and awoke to the smell of smoke. When he went downstairs, he found the front of the home engulfed in flames. He escaped without injury, but his cat, Growler, died. Fire officials estimated the damage at $150,000.
Purdue seeks new revenue with online-education initiative
Purdue HUB-U, which will be funded with $2 million over its first four years, is similar to an initiative announced May 2 by Harvard University and Massachusetts Institute of Technology.
For-profit university eyes College Park office space
South Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the College Park office complex into its latest campus.
Local automotive supplier in line for new city incentive
A shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van’s Electrical Systems invest $427,000 to purchase and rehab a vacant building on the city’s west side.
Indianapolis margarine plant planning $44 million upgrade
ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.
Alabama firm that irked suppliers promises to add 350 jobs
Advanced Metal Technologies of Indiana Inc., an auto and industrial parts maker owned by the Alabama-based Whitesell Group, said it will locate its operations in Jeffersonville and add 350 jobs by 2015.
ExactTarget sees bigger loss in first quarter
ExactTarget Inc. posted a $4.7 million net loss in the first quarter, its first as public company, the Indianapolis-based software firm announced Thursday after financial markets closed.