Carmel’s Palladium subsidy multiplies
The city of Carmel will subsidize its new performing arts complex to the tune of $5.5 million this year, nearly triple the amount provided last year.
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Charities disagree on potential impact of tax change
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
Lilly wins European approval for new use of Alimta
Indianapolis-based drugmaker can now market lung cancer drug as a continuation maintenance therapy, potentially boosting sales after recent loss of patent on bestseller Zyprexa.
Kaiser: Lack of competition endemic
In a new study, Indiana ranked as the 19th least-competitive state for individual health insurance and the 27th least-competitive for small-employer health insurance.
Ortho firms pull back on doc payments
The number of payments in excess of $1 million didn’t change substantially from year to year, but orthopedic companies sharply cut their fees to surgeons who received the smallest amounts.
Insurer Humana’s quarterly profit climbs 13 percent
Humana Inc. raised its 2011 earnings forecast, following the lead set by other big insurers, including competitor WellPoint Inc.
Guitar Center seeks abatement for new call center
The company plans to hire 246 employees to staff a call center on the northwest side of Indianapolis after announcing in August that it would close its call center in South Bend and move operations here.
2011 WOMAN OF INFLUENCE: Marion E. Broome
The dean of Indiana University’s School of Nursing, she is a leader in nursing research, service and education. She helped pioneer the treatment of pain in children and founded the Society of Pediatric Nurses.
2011 WOMAN OF INFLUENCE: Tamika Catchings
The Indiana Fever forward founded the Catch the Stars Foundation, which serves 1,500 underprivileged youth in central Indiana every year, and has a leadership role in a number of other charities that benefit children.
2011 WOMAN OF INFLUENCE: JoEllen Florio Rossebo
This outspoken advocate for arts education has expanded programs in spite of the recession and built an organization that now brings music, dance, visual arts and theater to nearly 200,000 Indiana children each year.
2011 WOMAN OF INFLUENCE: Patricia A. Wachtel
She put three decades of corporate experience to work at Girls Inc., which has quintupled the number of girls it serves at a fraction of the cost.
Ener1 becomes latest energy aid recipient in trouble
Electric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
IU med school gets $9M for Alzheimer’s center
The grant is the fifth consecutive five-year grant the Alzheimer Disease Center has received from NIH to support research to understand the causes and potential treatments for Alzheimer’s and other forms of dementia.
Buyers edging back into Indianapolis commercial real estate
Most buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
Carmel free clinic drawing jobless professionals
Trinity Free Clinic in Carmel began in 2000 to serve a growing Hispanic immigrant population. Since the latest recession, so many people—including unemployed professionals—have found their way to the clinic that the portion of white patients has grown from one-third in 2008 to 47 percent last year.
Indianapolis’ tech sector getting some Silicon Valley cred
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
Injury stalls Manning’s lucrative marketing career
Since Peyton Manning underwent neck surgery in early September, gone are almost all the television, print, billboard and myriad other commercials featuring the Indianapolis Colts quarterback.
Drug shortages hit Lilly, Endocyte
The nation’s shortage of certain drugs is threatening to affect research trials being conducted by Eli Lilly and Co. and Endocyte Inc.