FDA OKs new diabetes pill from Lilly, Boehringer
The Food and Drug Administration says it has approved a new diabetes pill from Boehringer Ingelheim and Eli Lilly for patients who can't control their blood sugar with older medicines.
IBJ Staff and Associated Press
Articles
Butler to announce new president
The private, 4,600-student Indianapolis university scheduled an event Wednesday afternoon to introduce its new president.
Pentagon pulls plug on Rolls-Royce engine project
Congress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.
Local home-building activity still slumping
Home-building permits filed in the Indianapolis area sank by more than 20 percent in March compared with the same month last year. Still, signs show home construction both locally and nationally may be picking up.
Indiana’s largest school system cutting 357 teachers
Indianapolis Public Schools said Wednesday it will cut 357 teaching jobs to fill a nearly $21 million budget hole due to cuts in state funding.
Toyota in Indiana to work through production slowdowns
Toyota Motor Corp. announced Friday that its Indiana plant in Princeton will operate on a reduced production schedule in the coming weeks, but employees will not lose work because of it.
U.S. attorney sues GOP donor over unpaid trading penalty
The federal government is suing a former Indianapolis businessman and major Republican donor to collect a $600,000 federal penalty for commodities trading violations.
Durham set for afternoon federal court date
Former Indiana businessman Timothy Durham, 48, who is accused in a $200 million fraud scheme, is scheduled to appear in federal court in Indianapolis on Wednesday at 2:30 p.m.
Indiana college to break ground on pharmacy school
Northern Indiana's Manchester College plans to begin work this summer on the college's new $18 million pharmacy school.
Kroger plans $3.8 million school investment
The Cincinnati, Ohio-based grocer announced Wednesday a new three-year, $3.8 million investment that will support library grants, schools and a literacy initiative across Indianapolis.
Bill Cook, medical device magnate and philanthropist, dies at 80
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
Local home construction plummets again
Home-building permits filed in the Indianapolis area fell by more than 40 percent in February compared with the same month last year. Nationally, builders broke ground last month on the fewest homes in nearly two years.
Thousands gather for union rally at Statehouse
Thousands of Indiana union members held signs, chanted slogans and cheered speakers outside the Statehouse on Thursday at a rally to protest Republican-backed bills they consider an attack on public education and labor unions.
Home construction weak both locally, nationally
Home building in the Indianapolis area fell by more than 30 percent n January over the same month of 2010.
Daniels finishes low in weekend straw poll
The Indiana governor received just 4 percent of the vote among potential Republican presidential candidates at the Conservative Political Action Conference. But an IUPUI political science professor says the weak showing shouldn’t dissuade Daniels’ supporters.
Keystone Towers heading toward demolition, city says
An Indianapolis Department of Metropolitan Development official says the city has plans to tear down the abandoned 15-story Keystone Towers complex at Allisonville Road and Fall Creek Parkway and seek proposals for redevelopment.
Dow Agro’s quarterly sales, profit climb
Indianapolis-based Dow AgroSciences on Thursday reported record fourth-quarter revenue of $1.3 billion, up 19 percent from the prior-year period.
Indiana OKs 26-percent Indianapolis water increase
Regulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission announced Wednesday, less than the 33.4-percent increase requested.
Area businessman considers run for governor
Jim Wallace of Fishers wrote in a letter to state and local GOP officials that his experiences in business and in public service have trained him for the challenges of leading Indiana.
Home building suffers another bad year, locally and nationally
Building permits filed for new homes in the nine-county Indianapolis area rose just 2.6 percent in 2010, to 3,720. That’s just 95 more homes than in 2009—the worst year for local home construction in more than a quarter century.