Articles

Expert testifies NCAA scholarship caps hurt competition

The National Collegiate Athletic Association stifles competition among schools for players by capping scholarships, a Stanford University professor said Tuesday at a trial in which athletes are seeking a cut of the billions of dollars generated by college sports.

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Lilly consolidated into testosterone drug lawsuit

The decision to collect cases before one court comes after the U.S. Food and Drug Administration said it will re-examine the safety of testosterone-replacement drugs after studies showed the medicine posed an increased risk of heart attack and stroke.

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Adviser who swindled Ball State out of $8M gets 4 years

Seth Beoku Betts persuaded the university to give him money to invest in collateralized mortgage obligations. His attorney say he lost the money through bad investments, but prosecutors say he spent much of it on himself, including buying a $1.5 million home in Florida.

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Indianapolis part of new federal STEM initiative

President Barack Obama drew attention to girls’ science and engineering accomplishments Tuesday as he announced a mentoring effort involving Indianapolis to improve and diversify the nation’s technological work force.

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Ex-Lilly partner wins latest suit over Actos’ cancer risk

Takeda Pharmaceutical was found not liable for the bladder cancer of two women who used its Actos diabetes medication in the company’s latest trial over the drug. Actos was marketed for Takeda in the United States by Eli Lilly and Co. from July 1999 to March 2006.

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Republic Airways considers ending $3B jet order

The 40 Bombardier CS300 aircraft on order at Republic Airways Holdings Inc. are no longer a top priority as the Indianapolis-based company returns to its roots as a provider of regional flights for larger carriers, CEO Bryan Bedford said.

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