Electric car maker weighing Elkhart factory
An electric vehicle manufacturer says it is considering starting operations in northern Indiana’s Elkhart County.
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UPDATE: Steak n Shake turning away from core business
The Steak n Shake Co. is taking a dramatic turn away from its core business with a bid to purchase a Michigan insurer in a
deal valued at almost $37 million.BREAKING: Steak n Shake offers to acquire Michigan insurer
The Steak n Shake Co. has offered to acquire all of the outstanding shares of Fremont Michigan Insuracorp Inc. in a deal
that could be worth almost $37 million.Speedway, CIB leaders travel parallel paths
Indianapolis Motor Speedway boss Jeff Belskus’ actions might offer a glimpse of what the Capital Improvement Board’s new chief,
Ann Lathrop, will do with Pacers, IUPUI and other challenges.Radio giant Citadel files for bankruptcy protection
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.City mulls proposals to ‘green’ municipal properties
Indianapolis’ Office of
Sustainability has begun evaluating recommendations on ways to make 70 city-owned buildings more "green." Among
the ideas: mounting
wind turbines or solar panels at the City-County Building.Experts see ‘great concern’ over local construction outlook
A symbolic topping-off ceremony early this month to celebrate a milestone on the massive JW Marriott hotel project can’t
hide the anxiety felt within the construction industry.USA Track & Field CEO doubles budget, pushes reforms
Doug Logan is shaking up the sport and hopes to add more events, which could pay off for Indianapolis.
Math teacher has spent 25 years working Colts sidelines
Steve Taylor loves to tell his NFL war stories. There’s the time he taunted Baltimore Ravens linebacker
Ray Lewis and the many times he’s been flattened by an overzealous tackler. Then there was the thrill of his Indianapolis
Colts’ clinching a trip to the Super Bowl.Setbacks in diabetes market batter Roche
Roche Diagnostics Corp., once the darling of the U.S. diabetes-device market, is now licking its wounds. And
it’s mulling whether to keep fighting on all fronts or to pull back.DINING: New Conrad eatery offers a taste of the good life
We take a taste of the offerings at the new wine bar at the Conrad.
BENNER: Sports movement has a sunny past, cloudy future
More on the history of Indianapolis’ amateur sports initiative.
Giant Heartland Crossing housing development hangs on
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
KATTERJOHN: My Top 11 personalities of 2009
I saw where Barbara Walters did her 10 Most Fascinating People of 2009 shtick on television recently. So with a nod
to the venerable newswoman, here’s my list of locals who got my attention
this year.New CIB membership nearly set
Marion County Commissioners reappointed Doug Brown on Thursday morning to the Indianapolis Capital Improvement Board, leaving
only one seat open on the nine-member panel whose financial troubles this year have elevated its profile.Company news
Carmel-based Dormir Inc. acquired a string of sleep-study centers and equipment stores in California,
Oregon and Utah, making it the nation’s second-largest provider of sleep-diagnostic services in the country behind SleepMed
Inc., headquartered in Columbia, S.C. The sleep centers and equipment stores were part of two subsidiaries of Australia-based
Avastra Sleep Centres Ltd. They give Dormir 85 locations in 16 states. Financial terms of the deal were
not disclosed.Eli Lilly and Co. said it won approval for a new long-acting
version of its bestselling antipsychotic Zyprexa. The new version has patents that could extend until
2018. Investors have shunned Lilly’s stock this year because they say Indianapolis-based Lilly does not have enough new
drugs to offset the loss of Zyprexa revenue that will occur after the drug loses its patents in 2011. Lilly issued a forecast
for 2012-2014 that suggested its profits could fall by as much as one-third from their present levels.Lilly
Endowment Inc. will give $60 million to the Indiana University School of Medicine
to implement its new Indiana Physician Scientist Initiative that aims to turn discoveries that could
improve human health into products and treatments that benefit patients and produce new businesses. Dr. David Wilkes,
executive associate dean for research affairs at the IU School of Medicine, will direct the Indiana Physician Scientist Initiative.
Its biggest goal is to recruit 20 physician-scientists to the IU med school to focus on cancer, neurosciences and diabetes/vascular
disease.Scientists have made chemotherapy drugs better at reducing side effects by engineering them to bind only
to cancerous cells. But researchers at Purdue University are taking an entirely different approach. They
used cold and magnetic particles to create nanorods—about 1,000 times smaller than a human hair. They then coated these
rods with the breast cancer drug Herceptin and inserted them into breast tumors. Professor Joseph Irudayaraj and graduate
student Jiji Chen wrote about their work in the journal ACS Nano.The Eli Lilly and Co. Foundation
gave $1 million to Indiana University to form a school of public health at IUPUI. Indiana University will
build the school using faculty from its medical school and the School of Public and Environmental Affairs.Two Fort Wayne consulting firms are joining forces in an attempt to do more work for financially
strapped doctors and hospitals. MedOptima and Ruffolo Benson LLC now
offer expertise in improving billing and other processes, as well as finding capital.In the
latest combination of fitness and physicians, St. Vincent Health has opened
a rehab therapy clinic at the Fishers YMCA. The 3,900-square-foot clinic will offer
orthopedic, neurological and general rehab care. The first local example of such a partnership is the Westview Healthplex
Sports Club on Guion Road operated by Westview Hospital. Also, Hendricks Regional Health
is working with YMCA to build a joint facility in Avon.Indiana Black Expo takes control of Circle City Classic
With the move, IBE hopes to rejuvenate the annual football game and related events, which have been suffering from declining attendance.
Basketball tournament expansion could pay off for NCAA
The NCAA might expand its annual men’s tournament from the current three-week, 65-team format
to one featuring an added week and a whopping 96 teams. Proponents of the plan say it will generate a bigger
television rights-fee deal for the not-for-profit NCAA, which disperses 95 percent of the income to member institutions.EDITORIAL: Loss of tennis tournament an ominous sign for city
It’s hard to fathom how Indianapolis lost the Indianapolis Tennis Championships—an event with 90 years of history—without
anyone in the city sounding an alarm.Fledgling motorsports show growing faster than expected
The show held in Indianapolis Dec. 3-4 is picking up speed much faster than event organizers and local
convention and tourism officials expected. But the nation’s biggest motorsports trade show, Performance
Racing Industry Show, is considering competing with the local show head-on in 2010.