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Bigger small-business definitions

March 17, 2011

The SBA wants to broaden the definition of a small business in 36 industries. Suddenly, 9,000 more businesses would be considered small.

Estridge: We need cash to survive

March 17, 2011

Paul Estridge Jr. says potential investors have inquired about helping his homebuilding company. Without millions in capital and a line of credit, the business could close within a week.

Fair Finance investors likely to recover little money

March 17, 2011

Authorities say Fair Finance, led by indicted businessman Tim Durham, owes 5,200 investors $230 million. But they’re likely to recoup just a “teeny-tiny” fraction.

Trade agency to probe Lilly’s infringement claim

March 17, 2011

Eli Lilly and Co.’s patent-infringement claim over Hospira Inc.’s generic version of the cancer treatment Gemzar will be investigated by a U.S. trade agency with the power to block imports of the copycat drug.

Angie’s List lands $53 million investment

March 17, 2011

The privately held firm, which has been raking in private investment since 2005, landed the biggest round of funding in its history from “two of the world’s largest public money managers.”

Butler still getting big bounce from 2010 NCAA run

March 17, 2011

The number of applications to Butler University is up 41 percent—to a total of 9,357—compared with applications received by the same time last year, according to school officials. Requests for information and campus visits by prospective students are both up 35 percent for the year.

INSIDE DISH: Cafe bolsters base of Turkish food fans

March 17, 2011

Bosphorus Watch VideoAscending from server to owner of Bosphorus Istanbul Cafe, Orhan Demirtas has leveraged a relationship with Eli Lilly and Co. to diversify revenue, and solidified his base by opening a new breakfast cafe and hookah bar.

State awards $25 million I-69 extension contract

March 17, 2011

State officials have awarded Bloomington-based Crider and Crider Inc. a $25 million contract to build a 4-mile section of the Interstate 69 extension that will run from Indianapolis to Evansville.

Panel nixes transportation aid for charter schools

March 17, 2011

An Indiana Senate panel eliminated part of a proposal on Wednesday that would have required traditional public schools to help provide transportation to students attending charter schools.

Indiana House walkout brings talk of recall elections

March 17, 2011

The Republican speaker of the Indiana House said Wednesday that the ongoing walkout by Democratic legislators has stirred up interest in one day making such actions illegal or allowing voters to remove boycotters from office.

Gay marriage ban amendment worries Lilly, Cummins

March 16, 2011

Two of Indiana's most-prominent companies told a state Senate committee they feared their ability to recruit top employees could be hurt by a proposed constitutional amendment that would ban gay marriage and civil unions.

RATHKE: My saga of staying up to date on health care reform

March 16, 2011

Human resources used to be about payroll and benefits. Now it’s also about watching Congress.

Indianapolis couple offers seniors a senior housing alternative

March 16, 2011

Unusual home on south side has a dozen bedrooms for folks who need to give up their own homes.

Hospital systems adopt Starbucks-style service

March 16, 2011

Indiana University Health is the latest system to drill employees ranging from clerks to physicians in how to treat patients.

Officials: Fair Finance largest fraud case in state’s history

March 16, 2011

Indictment_WatchVideoTimothy S. Durham (pictured at far left), James F. Cochran and Rick D. Snow were all arrested on Wednesday following a grand jury indictment.

Baby’s death ruled homicide

March 16, 2011

The Marion County coroner's office has ruled the death of a 6-month-old boy as a homicide. The coroner's office said Nygell Easter died from blunt-force trauma. The baby's father, who lives near 82nd Street and Craig Road on the northeast side, told police Monday his son fell off a bed while in a car seat. The father called 911 saying his baby was not breathing and unresponsive. Police say the investigation is ongoing. No arrests have been made so far.

Boy, 16, arrested on homicide charge

March 16, 2011

A 16-year-old Indianapolis boy was arrested Wednesday in connection with a homicide that occurred last October. Police apprehended Ronnie Arciga of Indianapolis at his home in the 6600 block of Chipping Court on the city’s northwest side. Authorities also recovered a semi-automatic handgun from Arciga’s bedroom. Police did not specify which homicide Arciga may have been involved in.

Local home construction plummets again

March 16, 2011

Home-building permits filed in the Indianapolis area fell by more than 40 percent in February compared with the same month last year. Nationally, builders broke ground last month on the fewest homes in nearly two years.

BREAKING: Durham, two other executives indicted for fraud

March 16, 2011

Beleaguered local businessman Tim Durham and two other executives tied to bankrupt Fair Finance Co. have been indicted on felony charges of wire fraud, securities fraud and conspiracy to commit wire fraud and securities fraud. The Securities and Exchange Commission also filed a complaint against the men in federal court.

Economist: U.S. recovery ‘turning a corner’

March 16, 2011

Manufacturing growth will continue to lead an economic recovery in the United States, predicted PNC Financial Services Group senior economist Robert Dye, in town Wednesday to deliver his forecast at Meridian Hills Country Club.

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