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Articles

Carmel hires firm for City Center hotel, conference center designs

August 24, 2015

The Carmel Redevelopment Commission has agreed to pay up to nearly $25,000 for a firm to create initial designs for a potential hotel and separate conference center at City Center.

Surprising heart study could bring Lilly $1B annually

August 24, 2015

Eli Lilly and Co. didn’t win approval for a new drug last week. But its latest study of an existing diabetes drug could create a blockbuster in its own right—adding as much as $1 billion a year to the coffers of the Indianapolis-based drugmaker.

Business owner ordered to pay $643K for securities fraud

August 25, 2015

Timothy E. Cook funded his personal expenses by falsely promoting stock in his Indianapolis-based cancer research firm Xytos Inc. long after it had ceased operations, according to a federal court ruling.

YMCA partners with VA for Pike Township center

August 25, 2015

Although the $10 million Pike Township YMCA has no timetable for completion, officials have pledged to offer extensive services to veterans in conjunction with the Richard L. Roudebush VA Medical Center.

Carmel-based Heartland acquires Splenda, plans expansion

August 25, 2015

Heartland Food Products Group announced Tuesday that it plans to acquire low-calorie sweetener brand Splenda, creating the need for a major expansion at its Indianapolis-area operations.

Novo Nordisk buying 2 DiMarchi-launched drug firms

August 27, 2015

Calibrium LLC and MB2 LLC, both based in Carmel, have agreed to be sold for undisclosed amounts. They were developing diabetes drugs discovered by the research team of Richard DiMarchi, a chemistry professor at Indiana University.

LOU’S VIEWS: We interrupt this program…

August 27, 2015

Indianapolis Opera does away with printed guides; what is gained, and what’s lost?

A&E

BOHANON & STYRING: China’s currency move is far from calamitous

August 27, 2015

Americans are understandably upset with years of sluggish U.S. economic performance. We don’t blame the political class for trying to blame it on someone else, preferably a foreign someone else. Don’t fall for it.

BlueIndy faces challenges in quest for wide adoption

August 27, 2015

BlueIndy plans to charge past its skeptics as its electric car-sharing program launches in Indianapolis Sept. 2, leaving behind the political consternation about whether Mayor Greg Ballard went rogue in green-lighting the program in the first place.

rop-blueindy-083115-2col.jpg

Perceived teacher shortage may be different problem, educators say

August 28, 2015

In Indiana, as in many other places, the problem isn’t the number of certified teachers, but a mismatch between candidates and available jobs. And the situation isn’t as bad or out of the ordinary as recent media coverage has suggested, educators say.

County assessors may push for stricter big-box tax laws

August 31, 2015

County assessors say a new law didn’t go far enough to protect counties from losing out on tax revenue from retailers in search of lower tax bills.

Company news

August 31, 2015

The Indiana University School of Medicine has been selected to lead a five-year, $12 million national research project to develop new treatments for inherited cancers and related developmental disorders. The grant comes from the National Cancer Institute. Dr. Wade Clapp, chairman of the department of pediatrics at the IU medical school will serve as the […]

Obamacare, HIP 2.0 goosing hospital profits—for now

August 31, 2015

More paying customers helped Community Health Network pull in $47 million in second-quarter profits, a story being repeated at not-for-profit hospitals around the country as Obamacare has boosted the number of insured customers to unprecedented highs.

CEO’s abrupt exit raises questions about Stonegate’s future

September 1, 2015

Stonegate Mortgage didn’t give a reason for the sudden resignation of CEO Jim Cutillo, who founded the company in 2005. The surprise exit prompted analyst speculation that the Indianapolis-based company might be preparing to put itself up for sale.

Leader of Fogle’s foundation faces at least 15 years in prison

September 1, 2015

The former director of an Indianapolis-based foundation created by ex-Subway pitchman Jared Fogle will spend from 15 years to 35 years behind bars for child sex crimes, according to a plea agreement reached Tuesday with federal prosecutors.

Seven regional groups seek part of $84M from Pence-backed plan

September 1, 2015

Local officials submitted plans to create vibrant “regional cities” and increase their populations—but only two groups will get matching funds to put their proposals into action.

Marian starts search for new med school dean

September 2, 2015

Marian University expects the deans of both its medical and nursing schools to retire in the next two years. So, the small Catholic school is launching a search for replacements.

Let’s put the gas-price-conspiracy theory to rest

September 3, 2015

A funny thing happened on our way to the gas station last week. We’d heard world oil prices were tanking. We expected our fill-up to be a bargain. But to our dismay, retail gasoline prices had spiked to nearly $3 a gallon. It turns out the BP refinery in Whiting had been partially shut down for […]

BOHANON & STYRING: Let’s put the gas-price-conspiracy theory to rest

September 3, 2015

A much more plausible explanation is, there was a mechanical breakdown at BP’s Whiting refinery.

LOU’S VIEWS: Children’s Museum highlights faith journeys

September 3, 2015

Combining photos with audio, video, artifacts and architectural re-creations, “National Geographic Sacred Journeys” follows the spiritual treks of four fictional young people.

A&E Sacred Journeys
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