State-of-the-city: Ballard seeks ambassadors
Indianapolis Mayor Greg Ballard's state-of-the-city address touched on crime, schools, neighborhoods, business start-ups and architecture.
Indianapolis Mayor Greg Ballard's state-of-the-city address touched on crime, schools, neighborhoods, business start-ups and architecture.
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
Indianapolis Mayor Greg Ballard, in his annual State of the City address Thursday night, went through a checklist of potential projects while exhorting citizens to become ambassadors for the city.
Industry goliaths in Silicon Valley have thrown lavish perks at employees for years. As employment in Indianapolis tech firms has skyrocketed in recent years, a lot more companies are looking for workers, heating up competition.
State leaders want twice as many Hoosiers earning post-high-school credentials by 2025 as there are today. And the only realistic way for the state to get there is for Indianapolis-based Ivy Tech to double its enrollment and double its graduation rates.
The state tourism department’s new tag line, “Honest to Goodness Indiana,” is so folksy that some wonder whether there’s a disconnect between what it says about the state and how the city of Indianapolis is trying to distinguish itself.
The latest plan to redevelop Pan Am Plaza calls for two hotels, residential units and restaurants spread across two towers as tall as 20 stories each, sources familiar with the details told IBJ.
An entrepreneur, risking personal wealth, would approach the problem from a different angle.
The Post spins this as surreptitious grabbing for Obamacare dollars.
Companies are part of broad coalitions that have saved us from wrong-headed legislation.
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
The bill's author, Sen. Jim Merritt, R-Indianapolis, said he's going to take the next few days to review the House's changes before determining whether to ask the Senate to approve it or send the bill to a conference committee to restore its original wording.
International water polo leaders are counting on two top executives from the Pacers and Colts to bring a new level of show-time entertainment to one of the Olympics’ oldest sports.
TThe House voted 66-30 to amend the bill with language that prohibits the Indiana Utility Regulatory Commission from extending or entering into contracts for Energizing Indiana’s statewide energy efficiency program after Dec. 31
INDOT plans to close a chunk of U.S. 31 in Carmel on or after April 4 through Thanksgiving. The closure was originally planned for 2015, but prep work was completed ahead of schedule.
The Obama administration’s delays of Obamacare’s employer mandate penalties mean it will be another year or two before hospitals see the additional revenue the law was supposed to bring them.
Online physician visits could become far more common in Indiana this year under a bill pending in the General Assembly. House Bill 1258 would allow the large health insurer Anthem Blue Cross and Blue Shield to launch a pilot program using the Live Health Online technology it has developed with Massachusetts-based software firm American Well Corp. The technology—which allows doctors to make virtual house calls via a Skype-like video and chat portal—would expand access to health care by making physicians available at odd hours and to patients in far-flung areas. The pilot would be conducted by primary care physicians at Indianapolis-based American Health Network, a large primary care physician practice. The pilot could last as long as six months and would involve at least 200 online visits. After the pilot phase, the Medical Licensing Board of Indiana then would be able to decide whether to expand online visits statewide and under what restrictions, if any. Since 2003, the Medical Licensing Board has restricted those visits to patients and doctors who have had an in-person encounter. HB 1258 would remove that restriction, allowing doctor-patient consultations where no relationship existed.
Eli Lilly and Co. will acquire all assets of Germany-based Lohmann SE and its subsidiary, Lohmann Animal Health. The assets include vaccines and feed additives and manufacturing sites in Cuxhaven, Germany, and Winslow, Maine. No terms were released, but Indianapolis-based Lilly said Monday that its 2014 earnings forecast will be trimmed due to acquisition costs. Lohmann Animal Health had sales of $342 million in fiscal 2012. It has about 600 employees in more than 30 countries. In November, Reuters reported that Boehringer Ingelheim was considering an offer for Lohmann Animal Health estimated at $535 million. Lilly said the acquisition will significantly increase the ability of its Elanco Animal Health subsidiary to make vaccines. Competing in that market is a "cornerstone" of the subsidiary's long-term strategy, the company said. The deal is expected to close in the second quarter.
A panel of House lawmakers Feb. 20 approved a one-year ban on construction of nursing homes, according to the Associated Press. The measure passed the Ways and Means Committee 12-7. The Senate authors of the measure originally sought a five-year moratorium, but Ways and Means Chairman Tim Brown, R-Crawfordsville, suggested the length be trimmed to give lawmakers time to decide if a ban is needed. The ban is at the center of an ongoing debate between the state's existing nursing homes and developers leading a wave of construction across the state.
The University of Indianapolis plans to spend $50 million over five years on major construction projects. The bulk of the money will be spent on a 134,000-square-foot health sciences center, which will provide training space for UIndy’s nursing, physical therapy and other health care students, as well as for a community health care facility. Over the next two years, the UIndy will also renovate its Krannert Memorial Library, replace its Campus Apartments on Shelby Street with newer housing options and expand its science labs. UIndy also plans to hire additional faculty for key programs and launch men’s and women’s lacrosse teams.
Shares of Eli Lilly and Co. rose last week after the Indianapolis-based drugmaker revealed that an experimental drug boosted overall survival among lung cancer patients in a large Phase 3 trial. When ramucirumab was applied to non-small cell lung cancer, along with a traditional chemotherapy drug, it showed a statistically significant extension of the time of overall survival when compared with patients who only took the chemotherapy drug, Lilly said Feb. 19. The company plans to submit ramucirumab for market approval with the U.S. Food and Drug Administration later this year. The drug has already shown positive results as a treatment for gastric cancer, and Lilly is studying the drug as a liver cancer treatment as well. Wall Street analysts have modest expectations for ramucirumab. Bernstein Research analyst Tim Anderson expects sales next year of $167 million, ramping up to $669 million by 2020.