Indiana Black Expo Summer Celebration schedule
Indiana Black Expo kicks off its 40th annual Summer Celebration July 12 with a full schedule of events.
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Health care reform bringing changes to Caregivers
Caregivers anticipates coping with declining Medicare reimbursements while having to offer insurance to its employees.
CNO Financial finalizes $10M life insurance settlement
CNO Financial Group Inc. has finalized plans to set up a $10 million fund to settle a multistate investigation into increases
in policy costs.
Taxi passengers get bill of rights
City leaders have introduced a Passenger Bill of Rights that must be displayed in all licensed taxicabs in Indianapolis. Among
the rights: the ability to pay with a credit card, to take the shortest route to a destination and ride in a safe, clean,
well-maintained taxi. It also says drivers must be well-groomed and appropriately dressed, and they’re required to speak
English and obey traffic laws.
Crooks caught on camera
Three armed men were caught on camera robbing a Walgreens store on East 86th Street in Nora. The suspects got away with $3,200
in cash and nearly $6,000 worth of prescription drugs. The men brandished guns and ordered two employees to open the safe
containing the store's cash, then forced the store pharmacist to hand over oxycodone and other powerful painkillers. No
one was hurt and no arrests have been made.
Man expected to survive being shot 13 times
Police said Robert Stokes, 22, was shot near West 20th Street and Tibbs Avenue on the west side of Indianapolis shortly before
1 a.m. Stokes may have been hit as many as six times in the chest and seven times in the arms, investigators said, but he
is expected to survive. His mother drove him to Methodist Hospital, where he was listed in serious condition. Police said
Stokes knew his assailant, but no arrests have been made. Fox59 will have more at 4 p.m.
Was Daniels right about the Court of Appeals?
The state Supreme Court rammed an appeals court decision on Indiana’s voter ID bill down its throat. Was the appellate
decision “judicial arrogance?”
House speaker continues quest for jobs data
State Rep. Pat Bauer says employment figures provided by the Indiana Economic Development Corp. are a good start but insists
the
agency is not revealing everything it can.
Ticket giveaway: IEMF’s “Dracula” concert
San Francisco-based Canconier performs music from the time of Vlad the Impaler.
UPDATE: Stamping plant suitor gets time to negotiate
There’s more time for Illinois-based JD Norman Industries to hammer out a deal to buy a General Motors stamping plant
in Indianapolis, potentially saving hundreds of local jobs.
Quartet of original musicals find Indiana stages
There are few things harder in entertainment than the creation of new musical theater.
Biofuels company Poet to reopen Cloverdale ethanol plant
Poet LLC plans to reopen the former Altra Biofuels plant in nine months, creating as many as 45 jobs.
Indiana Supreme Court upholds state’s voter ID law
Critics have argued that the law, which requires voters to show a photo ID to cast a ballot, violates the state constitution
because it isn’t applied equally to all voters. Those who vote by mail don't have to prove their identity.
Union leaders meeting with GM plant bidder
United Auto Workers official Maurice "Mo" Davison is making one last attempt
to put a deal together for a Chicago-area firm to buy the General Motors stamping plant southwest of downtown Indianapolis,
which is slated to close in 2011.
GM’s deal to sell Indianapolis factory in doubt
A state official says General Motors could scuttle plans to sell an Indianapolis stamping plant marked for closing unless
a local union agrees to consider pay cuts.
LEADING QUESTIONS: Stolen spotlights IRT fundraising
Steven Stolen, managing director of Indiana Repertory Theatre, reveals his favorite how-to text and secrets
for
developing donors.
Report: Winning referendums takes campaign savvy
A new report says school superintendents who want voters to approve requests for additional district funding need to become
campaign savvy.
Senate combines jobless benefits, homebuyer credit
Senate Democrats are working on a new way to jump-start their stalled election-year jobs agenda while saving unemployment benefits for hundreds of thousands of laid-off workers. The plan combines in one bill the unemployment benefits with an extension of a popular tax credit for people who buy new homes.
Company news
Eli Lilly and Co. released a raft of studies Monday about its newest diabetes medicines, Byetta and its
once-weekly cousin Bydureon, which has yet to win market approval from regulators. The upshot of the studies: Patients have
lower blood-sugar levels on Bydureon than those on competing drugs or, if they don’t, they lose more weight on Bydureon.
Also, Lilly and its development partner on Byetta, Amylin Pharmaceuticals Inc., issued a study of 25,000 patients that concluded
the drug causes inflammation of the pancreas no more than other diabetes medicines. In late 2009, the U.S. Food and Drug Administration
publicized and raised concerns over a few patients who died of pancreatitis while on Byetta, but did not conclude the drug
causes pancreatitis. Meanwhile, at least one analyst predicted Indianapolis-based Lilly would acquire San Diego-based Amylin
in the next two or three years.
Good news for orthopedic implant companies: Industry bellwether Biomet Inc. recorded a 10-percent spike
in sales during the three months ended May 31, the Warsaw-based company announced Monday. Its peers, including Warsaw-based
Zimmer Holdings Inc., will report their financial results about a month from now. Biomet enjoyed strong sales growth in its
bread-and-butter hip and knee replacements. Hip sales rose 10 percent and knee sales jumped 15 percent. Sales were boosted
by about 2 percent due to favorable foreign exchange rates compared with a year ago. Sales for the quarter totaled $703 million,
up from $639 million during the same quarter a year ago.
WellPoint Inc. expects the health insurance market to become an “oligopoly,” according to a
presentation by the company’s vice president of investor relations. Michael Kleinman told investors last week in Boston
that the health reform law is moving the industry even more quickly toward dominance by just a few players. “There are
going to be smaller insurers that are not going to be able to survive in this marketplace,” he said. Indianapolis-based
WellPoint already insures 33 million Americans, or about one in nine. The company’s chief financial officer, Wayne DeVeydt,
said previously that he expected to be able to acquire smaller insurers, but not until after health reform fades a bit as
a political issue.
People
Katz Sapper & Miller LLP hired Grant D. Byers as a director in its health care resources group. Byers
will lead the Indianapolis accounting firm’s efforts to assist hospitals and multi-provider systems obtain higher reimbursement
from payers and improve their financial performance.
Isaac M. Willett has joined Indianapolis law firm Baker & Daniels LLP’s health care and life sciences
group. Willett, who earned his law degree at Indiana University in Indianapolis, formerly practiced at Indianapolis-based
Bingham McHale LLP.
Dr. Stephen Eric Rubenstein has joined St. Francis Medical Group Oncology & Hematology Specialists.
Rubenstein, who earned his medical degree at Tel Aviv University Ramat Aviv, previously practiced in Fort Lauderdale, Fla.
Dr. David O. Kovacich has been selected as assistant medical director of cardiovascular practices for St
Francis Medical Group.