ITT fraud suit casts longtime auditor as victim of deceit
PricewaterhouseCoopers had served as ITT's outside auditor for at least two decades before it abruptly announced last November it would step down, giving up some $1.5 million in fees a year.
PricewaterhouseCoopers had served as ITT's outside auditor for at least two decades before it abruptly announced last November it would step down, giving up some $1.5 million in fees a year.
Franciscan Alliance has offered to take over Jasper County Hospital in exchange for accepting all of the hospital's liabilities and debt, according to the Rensselaer Republican. A proposed asset purchase agreement was discussed May 13 by a joint meeting of the hospital’s board of trustees, the Jasper County Commissioners and the Jasper County Council. The […]
If a tailor-made tax credit is any indication, Rolls-Royce Group plans to spend at least $500 million modernizing its Tibbs Avenue jet-engine factory.
With a CEO hired and a soon-to-be signed lease for office space, the $360 million Indiana Biosciences Research Institute is ready to lift off.
In a bid to get into the white-hot market for drugs that use the body’s immune system, Eli Lilly and Co. will spend $60 million to form a research partnership with Germany-based BioNTech.
Finding and supporting savvy people might result in more life sciences startups.
Donald “Danny” C. Danielson, named a Living Legend last year for his lifelong contributions to business, education and philanthropy in Indiana, died Thursday morning in his New Castle home at age 95.
Lawmakers passed bills on topics ranging from ethics reform to "religious freedom." Meanwhile, they shot down legislation that would have helped the Indy Eleven build or renovate a stadium and that would have permitted Sunday alcohol sales.
The city of Indianapolis needs to craft a thoughtful strategy for how to spend millions of dollars in anticipated surplus downtown TIF funds over the next three years, and that strategy should include input from stakeholders outside the mayor’s circle.
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
In a bid to make itself more efficient, Indiana University Health announced Friday that it will spend roughly $1 billion to expand its Methodist and Riley campuses, then close its University facility. During the five- to seven-year process, University Hospital will remain open to patients, just as it is now, according to IU Health officials. […]
Pence will travel with a delegation of Hoosier business leaders to Beijing, Shanghai and Hangzhou, the capital city of Zhejiang Province, Indiana’s Chinese sister-state. The delegation plans to leave May 9 and return May 16.
Flix Brewhouse will welcome moviegoers with Thursday’s premiere of “Avengers: Age of Ultron,” while Nourish Innovative Local Cuisine & Cocktails prepares to open downtown. Also downtown, the Illinois Building continues to lure restaurants.
The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.
Chicago-based Geofeedia opened an Indianapolis office last December, which now hosts 26 of its 45 employees. It recently committed to adding 336 more Indiana workers by 2020 in an economic development deal with the state.
In Celtics green or Butler blue, preparation and humility lead to same positive results.
Four residents of the town of Princeton sued to revoke the university’s tax exemption, in part because it shares royalties with faculty, mostly from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.