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Long-term jobless benefits set to expire this week
The Indiana Department of Workforce Development says as many as 4,000 Hoosiers per week will run out of unemployment benefits beginning Sunday.
State lawmakers face tough choices over prison costs
Indiana lawmakers will swim rough political waters next year when deciding whether to spend millions more on overcrowded prisons or reducing prison sentences and being seen as soft on crime.
2010 CFO OF THE YEAR: John P. Menne
The Harlan Bakeries executive vice president and CFO is a finalist in the private companies (revenue over $100 million) category.
2010 CFO OF THE YEAR: Cindy Konich
The Federal Home Loan Bank of Indianapolis executive vice president, chief operating officer and CFO is a finalist in the private companies (revenue over $100 million) category.
2010 CFO OF THE YEAR: David S. Graziosi
The Allison Transmission Inc. executive vice president and CFO is the winner in the private companies (revenue more than $100,000) category.
2010 CFO OF THE YEAR: R. Brian Modiano
The BlueLock chief financial officer is a finalist in the private companies (revenue $100 million or less) category.
2010 CFO OF THE YEAR: Steve Alesia
The Independent Concrete Pipe Co. vice president and CFO is a finalist in the private companies (revenue $100 million or less) category.
2010 CFO OF THE YEAR: Brian D. Morris
The St. Vincent Medical Group chief financial officer is the winner in the private companies (revenue $100 million or less) category.
People
Reid Hospital in Richmond has hired Jim Puffenberger as its chief financial officer. He spent the past 10 years in Arizona as CFO and then CEO of Northern Arizona Healthcare. An Ohio native, Puffenberger, holds both a law degree and an MBA.
Company news
Hey, it worked for the U.S. Army, why not for hospitals too? According to the Zionsville Times-Sentinel, the Witham Health Services Foundation is offering to give out school loans to aspiring medical professionals that can be paid off simply by working for the Lebanon-based Witham hospital for at least one year after graduation. Otherwise, the student must repay the loan with interest. It’s a way for Witham, a growing but small hospital system, to compete for workers in a crowded Indianapolis-area hospital market. Students can obtain $2,000 through the loans, or $1,000 per semester. Only Boone County residents can apply.
Roche Diagnostics will develop a tool to use alongside the Tarceva therapy for lung cancer patients, a drug made by Roche’s pharmaceutical business. The companion diagnostic tool got the green light last month after Swiss firmRoche negotiated a license of intellectual property from Massachusetts-based Genzyme Corp., which will help it identify patients with gene mutations that activate EGFR, the epidermal growth factor receptor, leading to cancerous growth of cells. Roche wants Tarceva approved as a first-line treatment for such patients. The test, which is being co-developed with OSI Pharmaceuticals, would use the Cobas system that Roche sells to hospitals and other health care providers. Roche Diagnostics runs its North American sales and marketing out of its Indianapolis campus.
Indianapolis-based Home Health Depot Inc. has continued its recent growth by expanding into Michigan, with locations in Brighton and Grand Rapids. Earlier this year, the company added stores in Lafayette and Greenwood; Chicago and Bloomington, Ill. The company now has nine locations, and its workforce has grown to 120, from 18 two years ago. Also, in October, Home Health Depot acquired a home health care subsidiary from Arcadia Resources Inc., which is also based in Indianapolis. The company provides in-home medical equipment to patients.
Electronics maker buying former GM factory in Anderson
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
Anderson loses out on Bright Automotive tech center
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
St. Francis covets Greenwood’s growth
It doesn’t take a genius to figure out why St. Francis Hospital & Health Centers is going to build a new ER and medical office complex near Greenwood: The area has been growing over the past decade 10 times faster than the city of Indianapolis.
State memo: Schools won’t see more budget cuts
Memo from Superintendent Tony Bennett to district administrators says there are “no current plans for reductions”
Contrarians think it’s new day for Lilly
The trouble-free market approval obtained by Eli Lilly and Co. for a new underarm testosterone treatment brightened the company’s outlook—at least for one of the few optimistic analysts covering the company.
Police probe double murder in Anderson
Anderson police are investigating a double murder that happened during the weekend but wasn't discovered until Monday. Family members of Keya Prince, 24, and her boyfriend, Stephen Streeter, 25, found the couple dead at their home in Anderson on Monday after they hadn’t heard from them since Saturday. Investigators say it appears the couple was shot to death on Saturday, which gives them a late start on tracking down a suspect. They currently have very few leads. They found no signs of forced entry.
Police: Drunken mom left kids home alone
A Noblesville mother was arrested early Tuesday morning after police said she drove drunk and left her three children home alone. Michele Knight, 33, was taken into custody near State Road 37 and Greenfield Avenue after police received a tip from a Village Pantry clerk who said Knight appeared heavily intoxicated. Knight’s preliminary blood alcohol level was three times the legal limit, police said. Her children, ages 8, 6 and 8 months, were found home alone asleep in their beds.
Robbery attempt causes taxi crash
A cab driver said two men tried to rob him Monday night, causing him to crash into a Lawrence home. The driver picked up two men on the south side of Indianapolis near Troy Avenue and Pennsylvania Street. As they neared the destination, the men began wrestling with the driver in an attempt to take his money. During the struggle, the driver lost control of the wheel and crashed into the bedroom of a home in the 4800 block of Leone Drive. The cab driver suffered slight injuries. A man inside the home was not injured. Lawrence police are looking for the suspects, who fled the scene.
Simon widow’s attorneys want judge to step down
Attorneys for Bren Simon turned their ire toward a Hamilton County judge on Tuesday, asking him to recuse himself from a legal battle over real estate magnate Melvin Simon's $2 billion estate.
