NCAA: College athletes graduating at record high rate
The NCAA’s most recent statistics, released Wednesday, show 89% of all athletes who enrolled in college in 2012 earned degrees, an increase of 1 percentage point over last year’s all-time high.
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Opioid settlement talks broaden ahead of first federal trial
Outlines of a settlement call for $22 billion in cash over time plus up to $15 billion worth of overdose antidotes and treatment drugs, with distribution of those drugs valued at another $14 billion.
Indianapolis-area home builders seeing late-year surge in demand
Applications for home construction in the nine-county area have risen three months in a row following seven straight months of declines.
St. Elmo Foods rolls out bourbon whiskey as its latest retail product
St. Elmo Whiskey, which is used to make the famous steakhouse’s top-selling cocktail, is the latest product offered by the restaurant’s retail affiliate.
UPDATE: Transportation contractor plans $11M headquarters on southeast-side
Milestone Contractors LP received approval for incentives from the city of Indianapolis tied to an effort to build a 25,000-square-foot office building and 52,000-square-foot garage in Beech Grove.
Indiana kitchenware maker with 82 workers closing its plant
A company that has been making metal kitchenware and home products in Indiana since 1902 is closing its plant in Terre Haute.
GM reaches tentative deal with UAW that could end strike
The deal was hammered out after months of bargaining but won’t bring an immediate end to the strike by 49,000 hourly workers. They will likely stay on the picket lines for at least two more days as two union committees vote on the deal, after which the members will have to approve.
Purdue tech startup lands $6.9M grant from Department of Energy
A Purdue University-affiliated startup recently received a $6.9 million grant from the Department of Energy to develop a system to predict when nuclear reactor components need maintenance or replacement before they fail and cause power outages.
Lilly experimental drug fails in late-stage trial for pancreatic cancer
The drug, called pegilodecakin, had been seen as a promising treatment for one of the deadliest types of cancer, and was the lead product in Lilly’s $1.6 billion acquisition of Armo BioSciences last year.
Tech distribution giant Ingram Micro opens Plainfield facility, plans 151 jobs
The facility will offer a range of technology disposition services, including data erasure and drive destruction, processing, remarketing and recycling.
Indiana lawmakers look for better ways to identify students living in poverty
The Indiana General Assembly’s interim study committee on tax and fiscal policy asked for ideas from the public and heard over two hours of testimony on Tuesday.
Warren faces sustained attack in debate that starts with unified criticism of Trump
Sen. Elizabeth Warren faced direct challenges from several of the 11 other candidates onstage, who took her on over her policies, her fitness to serve as commander in chief and her willingness to question the motives of Democrats who support less transformational ideas.
Tax vaping, tobacco products to curb youth smoking, committee told
The Interim Study Committee on Fiscal Policy heard more than two hours of testimony about vaping and tobacco use on Tuesday.
New study: Opioid crisis cost U.S. economy $631B over 4 years
The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died from the drugs, followed by health care costs.
IPS teachers union membership declines after year of turmoil
The newly released data, which comes from annual state-mandated disclosures, is the first indication of how members have responded to the Indianapolis Education Association’s tumultuous year.
Merritt releases black agenda, gets black Democrat on board for police chief
Republican mayoral candidate Jim Merritt’s campaign made several moves Tuesday that could help it win support from the black voting community.
Surgical transplant firm sets up logistics center in Plainfield, plans to hire 127
The Virginia-based firm said Tuesday it has invested $18 million to set up a 70,000-square-foot biologics logistics center near the Indianapolis International Airport. It is currently hiring managers and technicians.
GM CEO Barra joins talks, signaling deal to end strike might be near
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
Local children’s shoe store ready to call it quits after 58 years
The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.
Italian restaurant to open in old Nook space
Pomodoro, owned by several investors, will focus on southern Italian dishes and will be “much more simple” than Vassallo’s previous venture, which closed in June.