J&J completes sale of animal-drug business to Lilly
Janssen Pharmaceutica said Thursday it has completed the sale of its animal health business to Eli Lilly and Co. Inc.
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Indiana fireworks tax raises millions for training
State budget officials said Indiana took in $2.5 million from the special 5-percent public safety tax on fireworks during the 2011 fiscal year that ended June 30. That indicates about $51 million in retail fireworks sales around the state during that time.
Senators propose immediate end to ethanol credit
Two senators from ethanol-producing states proposed Thursday to immediately end a tax credit for the corn-based fuel and agreeing to support shifting some of that money to debt reduction.
Retailers post strong June sales numbers
American consumers, enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise, went on a buying binge in June, helping many retailers deliver robust revenue gains.
U.S. unemployment claims drop to 7-week low
The number of people applying for unemployment benefits fell last week to the lowest level in seven weeks, although applications remain elevated.
Lottery revenue grows but scratch-off sales falter
The Hoosier Lottery sold a total of $740 million in tickets and awarded $456 million in prizes during the 2010 budget year.
Pence tops Gregg in early fundraising in governor’s race
In Senate race, Lugar has outraised challenger Richard Mourdock 3-to-1.
WellPoint to pay $100,000 over data breach
Health insurer WellPoint Inc. will pay $100,000 and take other steps after admitting it waited months to notify 32,000 Indiana customers that their Social Security numbers, health records and other personal information might have been exposed online.
Hospital bed repair firm plans Indiana expansion
A company that reconditions hospital beds plans to expand its operations in southeastern Indiana and potentially add 55 jobs in the next couple of years.
IU leads state schools in hiking faculty salaries
All seven state-supported schools are giving raises in an attempt to attract and retain the best talent.
New law touted as good for state agritourism
Indiana is one of 13 states to adopt measures intended to protect farmers and farm businesses from personal injury lawsuits.
Purdue president to step down next summer
Purdue University President France Cordova says she'll step down when her contract expires in 2012. She succeeded Martin Jischke at the helm of the public university in 2007.
UPDATE: Teachers, others sue over school voucher law
The Indiana State Teachers Association filed the lawsuit in Marion County on Friday seeking to block the state’s new school voucher law. Plaintiffs include teachers, school administrators, clergy and taxpayers.
Key exec behind Indy airport expansion retires
Robert A. Duncan nudged the door closed this week on his office at the Indianapolis Airport Authority and retired after a career at the center of one of the largest, long-term civic developments in the city's history.
Local developer ready to start $18M project
Indianapolis-based Buckingham Cos. is expected to start construction this summer on an $18 million, 146-unit apartment building in downtown Columbus.
Larger-than-expected corn crop could slow food inflation
U.S. food prices may ease later this year now that farmers have planted the second-largest corn crop in nearly seven decades.
Lugar pushes energy savings, more oil production
Indiana Sen. Richard Lugar is pushing a national energy plan he says will save billions of dollars by increasing domestic oil production and improving energy efficiency.
Quarterly lobbying bill adds up to $2.5M for Lilly
Indianapolis-based Eli Lilly and Co. raised its spending 8 percent from the $2.3 million that it spent in the first quarter of last year. The drugmaker also spent 70 percent more than the $1.5 million recorded in the final quarter of 2010, according to lobbying reports filed with the House of Representatives.
WellPoint spent $1.5M lobbying feds in first quarter
WellPoint Inc., the nation's largest health insurer based on membership, spent about $1.5 million lobbying the federal government in the first quarter, as the health care overhaul debuted a new restriction that concerned managed care companies.
State limits on jobless benefits take effect Friday
Department of Workforce Development Commissioner Mark Everson says the changes will help ensure that only the truly unemployed receive benefits.