The Indiana Minority Supplier Development Council has made life sciences companies its latest target—part of an even larger effort to attract minorities to the burgeoning life sciences industry under
way on a national scale.
As one of the city’s most prominent minority business owners, Bill Mays built his chemical distributorship largely on the backs of domestic automakers. In 1980,when he founded Mays Chemical Co. Inc., the Big Three accounted for nearly 75 percent of all new-car sales. But that number has dwindled to less than half of all new […]
Once again Eli Lilly and Co. is running in the lead pack in dollars spent to bend ears on Capitol Hill. And that was even before the health care reform debate got rolling. Through the first quarter, the Indianapolis-based drugmaker was on pace to break the record amount of lobbying it did last year, when it […]
A look at some features of a budget bill passed by the Indiana General Assembly and signed into law by Gov. Mitch Daniels tonight: – Spends about $27.8 billion over the two-year budget cycle. – Public schools will see an average state funding increase of about 1 percent in the first year and 0.3 percent […]
National acquisition-and-merger rage among benefits firms continues as Gallagher swallows groups in Noblesville and Louisville.
Gallagher’s Carmel office grows its client portfolio to 300.
Former Mayor Bart Peterson outlines the pitch Eli Lilly will make in D.C. For the first time in 15 years, lawmakers in Washington have plunged into a debate about overhauling the nation’s health care system. New proposals come out every week, with bills filed in Congress running longer than 600 pages and 10-year cost estimates […]
The Carmel office of A.J. Gallagher & Co. kept the local consolidation of benefits brokers rolling with two more deals this month. But Gallagher is now shifting its buying spree away from health insurance while the health care reform debate plays out in Washington. Locally based The Benefits Group and Louisville-based Creative Benefits Solutions came […]
President Barack Obama today welcomed the pharmaceutical industry’s agreement to help close a gap in Medicare’s drug coverage, calling the pact a step forward in the push for an overhaul of the nation’s health care system. Obama said that drug companies have pledged to spend $80 billion over the next decade to help reduce the […]
Businesses all want to see reform of the health care system, but they diverge on how much the U.S. government’s entrance into
the insurance market would help or hurt them.
Hope and fear mix in Paul Nysewander when he considers President Barack Obama’s controversial idea to set up a new governmentrun health insurance plan. The owner of a three-person accounting firm, Nysewander says there’s significant appeal in having a public plan as a new option for health insurance. “As long as it remains an option,” […]
Advisers to the Food and Drug Administration said yesterday that three blockbuster psychiatric drugs appear safe and effective for children and adolescents, despite side effects that can increase the risk of diabetes. The FDA’s panel of psychiatric experts voted to approve the use of drugs from AstraZeneca, Eli Lilly and Pfizer for treating schizophrenia and […]
Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
Italy’s Fiat is the new owner of the bulk of Chrysler’s assets, closing a deal today that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat’s CEO.The deal clears the way for a new, leaner Chrysler Group LLC to emerge from bankruptcy protection minus billions in debt, […]
The Supreme Court on Tuesday cleared the way for Chrysler’s partnership with Italy’s Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker’s sale. The sale of Chrysler LLC’s assets to Fiat Group SpA had been expected to close more than a week ago, […]
Local accounting firm London Witte Group LLC’s decision last June to take a chance on an empty midtown office building is suddenly looking like a winner. The former Grain Dealers Mutual Insurance building at 18th and Meridian streets is now essentially fully leased thanks to an agreement by Clarian Health Partners to occupy the bulk […]
The Indiana State Teachers Association and the National Education Association say they’ll scrape up enough cash to pay 650 people receiving long-term disability benefits from the state union’s troubled insurance trust. ISTA previously said it didn’t have enough money to cover the long-term disability claims, which could cost $45 million to $65 million over the […]
Report: Insured pay dearly to fund others’ health care Providers inflate bills to compensate for losses Health insurance premiums for an average family are $1,000 a year higher because of costs of health care for the uninsured, a new report finds. And private coverage for the average individual costs an extra $370 a year because […]
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV
Channel 8 pulled the plug on him.
Folks from all sorts of professions are trying on teaching, to survive the recession or to give back to the community. Or
both.
