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Carmel-based life and health insurer CNO Financial Group Inc. said Tuesday that its third-quarter earnings jumped nearly four times over last year's third-quarter results, but mostly because of a one-time tax-related gain.
Formula One cars are scheduled to race through the streets of New Jersey in 2013, F1 CEO Bernie Ecclestone said. The last U.S. race was at the Indianapolis Motor Speedway in 2007.
An Indiana panel voted to urge lawmakers to approve "right-to-work" legislation when they reconvene in January in a move that could set the stage for another showdown with House Democrats.
A local developer is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store than Rivers Edge owner Kite Realty Group can accommodate.
Interim leader Darcey Palmer-Shultz has been named the new CEO at Big Brothers Big Sisters of Central Indiana, the not-for-profit announced Tuesday.
The third national Prescription Drug Take Back program is set for this Saturday. From 10 a.m. until 2 p.m., almost all Indiana State Police posts will act as drop-off sites for expired, unused or unwanted prescriptions drugs. The initiative's goal is to stem prescription-drug abuse and theft. The program is free and anonymous. Police at 60 agencies collected and destroyed more than 8,000 pounds of drugs during a similar event in April. Click here for a list of drop-off locations.
A teenager who walked away from a western Indiana youth home has died from crash injuries he suffered after he and two others carjacked a pickup truck, state police say. The 17-year-old boys were reported missing Monday night from Gibault Children's Services in Terre Haute. They are suspected of attacking a man in an attempted carjacking and later beating another man before stealing his truck. The truck hit a light pole and several vehicles at a car lot when a trooper tried to stop it minutes later. The driver ran off but was caught nearby. Both passengers were taken to an Indianapolis hospital, where Therlow Pope IV of Gary died Tuesday after suffering head injuries.
Eli Lilly and Co. said it will pull its Xigris sepsis drug from all markets after the treatment failed to reduce mortality in a study. The withdrawal may cost Lilly $75 million to $95 million in the fourth quarter.
Interactive Intelligence Group Inc. shares fell more than 25 percent Tuesday morning after the Indianapolis-based software maker reported disappointing profit in the third quarter.
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
A widow and empty-nester, Diane Thomas makes space count in her ‘little’ 1920s-era home in the Meridian Kessler neighborhood.
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.
A study committee's draft report says improved coordination between the state's research universities and industries could improve the economy and spur job growth in the state.
Federal health officials on Monday approved the first generic versions of the blockbuster drug Zyprexa, which posted sales of $5.7 billion last year for Indianapolis-based drugmaker Eli Lilly and Co Inc.
More than 300 major college football and men's basketball players are telling the NCAA and college presidents they want a cut of ever-increasing TV sports revenue to fatten scholarships and cover all the costs of getting a degree.
Indiana University will cut tuition for undergraduates enrolled in summer classes to make college more affordable and decrease the amount of time needed to earn a degree, President Michael McRobbie said Monday.
The Indianapolis Public Schools superintendent wants the state to investigate charter schools that he claims break federal and state laws by turning away homeless and disabled students, a charge the president of the Indiana Public Charter Schools Association denies.
-Capitol Construction Services has finished a 3,500-square-foot renovation for Dr. Sandra Bacon DDS at 1980 E. 116th St., Carmel.
-Capitol Construction Services has finished a 2,184-square-foot expansion for Keyence Corp. at 9225 Priority Way, West Drive.
Watermark Residential has named Brian Southworth a senior financial analyst and Mike Margason construction manager.
The average rate for 30-year mortgages rose from 4.37 percent to 4.38 percent for the week ended Oct. 19, according to Bankrate.com. The rate for 15-year mortgages fell to 3.58 percent from 3.59 percent.
