Officials are emboldened by the financial results of the city’s first time hosting the NFL championship game in February, which produced a direct economic impact of $176 million, according to a study commissioned by the Indianapolis Super Bowl Host Committee.
Officials for the city and the state are expected to announce plans to bid on another Super Bowl for Indianapolis, multiple media outlets reported Tuesday, citing anonymous sources.
Indianapolis real estate developer and Duke Energy Corp. director Michael Browning has been ordered to appear Friday before the North Carolina Utilities Commission, which is investigating the unexpected ouster of the utility’s new CEO just hours after the company merged with Progress Energy Inc.
Indiana University has received the go-ahead to begin the accreditation process for new schools of public health proposed for its Bloomington and Indianapolis campuses, according to the Associated Press. University officials said the step by the independent Council on Education for Public Health kicks off an expected two-year process to create schools of public health on IU's two largest campuses. The school on the Bloomington campus will focus on rural communities. The Indianapolis school will focus on urban health and health policy, as well as on collaborative work with the IU School of Medicine.
An antipsychotic drug that Eli Lilly and Co. hoped would be an improved replacement for Zyprexa failed in a late-stage study that compared patients taking the drug to those taking a placebo. The drug, known as pomaglumetad methionil, or mGlu 2/3, showed no difference versus a placebo. A control group of patients taking another drug, risperidone, which goes by the brand name Risperdal, did show a difference. Despite the failure, Lilly said it would continue to conduct two other clinical trials of the drug. Lilly is studying pomaglumetad methionil to see whether it can work as an antipsychotic without side effects like weight gain that come with current treatments. Zyprexa, which reached peak annual sales of $5 billion, lost its U.S. and European patent protection last fall.
A chain of dental offices that abruptly closed multiple Indiana locations in December 2010 left patients without care, refunds or records, according to a complaint filed by the Office of the Indiana Attorney General. Attorney General Greg Zoeller has filed a complaint against Allcare Dental & Dentures, which closed offices in Anderson, Avon, Evansville, Fort Wayne, Indianapolis, Mishawaka and Muncie. The complaint alleges multiple licensing violations against company President Robert Bates. The complaint says Allcare failed to reimburse patients who paid upfront for services that weren’t completed; failed to complete dental procedures in progress; didn’t provide dentures that were fabricated; and locked dentists out of their offices, rendering them unable to notify patients or transfer patient records as the law requires. Massachusetts, New Hampshire, North Dakota, Ohio and West Virginia also have taken actions against Bates’ dental licenses for similar violations. Bates has settled or been party to consent agreements with licensing boards of each of those states, according to the AG’s complaint. The Indiana State Board of Dentistry is scheduled to conduct a hearing on the complaint Oct. 5.
After six months of denying coverage for a $350 genetic test for each of three Indiana children, Indianapolis-based WellPoint Inc. reversed itself and will now pay for the tests, according to Bloomberg News. The father of the three children, Matthew Christman, has an inherited heart disease that often strikes without warning. Since December, WellPoint’s Anthem Blue Cross and Blue Shield unit had denied paying for the test, saying it was “experimental” and “not medically necessary,” according to Bloomberg. The test is made by New Jersey-based Bio-Reference Labs Inc.
A BrightPoint Inc. stockholder has filed suit against the company, charging that the $9 share price offered in its $840 million sale to California-based Ingram Micro Inc. is too low.
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
The buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.
I participated in a discussion of “Sharia Beyond the Headlines” at the Indianapolis InterChurch Center.
A publicly traded real estate investment trust has agreed to pay $201 million for the tallest building in Indiana, a price that could give a boost to the local investment market.
Meet Sherri Campbell, who is ramping up Indianapolis-based Charlie’s Chillers LLC after winning last month’s Hottest Kitchen Entrepreneur Challenge.
Indy Reads Books opens its new bookstore on July 13 with an appearance by bestselling author John Green. Details here.
IU Summer Theatre Festival continues July 12-28 with the comedy classic “You Can’t Take it With You.” Details here.
Vampire Weekend performs July 13 in the Egyptian Room. Details here.
The Indianapolis Symphony Orchestra celebrates the music of Indy’s sister cities in a classical concert at Conner Prairie Amphitheatre July 13-14. Details here.
Pete McElligott’s “With a Whimper” opens at the Phoenix Theatre, running July 12-Aug. 12. Details here.
Theatre on the Square presents the comedy “Tuna Does Vegas,” July 13-Aug. 11. Details here.
Super Mega Slam Fest features 30 bands on two stages at Indy Hostel July 13-15. Details here.
For the better part of the century, we got lots of innovation at the Speedway.
Predicting what Daniels will tackle is as risky as second-guessing a U.S. Supreme Court decision.
The state superintendent of public instruction’s race may be the most crucial contest this fall.
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
Old National Bancorp has appointed former Indiana Chief Justice Randall Shepard to its board of directors.
Indiana University Health, as well as a partnership of Franciscan Alliance and American Health Network, have formed accountable care organizations that won the blessing of the federal Medicare Shared Savings program.
Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
New USA Track and Field CEO Max Siegel is promising to pull athletes, their agents, sponsors, event promoters and the sport’s television partners together to lift track and field’s tainted image and revenue—especially domestically.
