AUGUST 18-24, 2014
Eli Lilly and Co. once was a pioneer in biotech drugs and treating autoimmune diseases, but abandoned the fields in 1991. Subsequently, biotech autoimmune medicines have become best-sellers. This week, J.K. Wall details how Lilly has been trying to get back in the game. Also this week, Anthony Schoettle reports the Indianapolis Indians' stock buy-back offer might be undervaluing the franchise. And in A&E Etc., Lou Harry reviews Bar Rio.
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Biotech comeback: Eli Lilly making renewed push in lucrative field it once pioneered
Lilly expects to soon announce late-stage clinical trial results for two biotech drugs designed to slow the inflammation caused by autoimmune diseases. By the end of the year, it will announce results for a third.
Read MoreProportion of zero-car households rolls past 10 percent
Indianapolis experienced one of the fastest gains in car-less households of any major city in a recent five-year period, according to U.S. Census data compiled by a University of Michigan researcher.
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Recent minor-league team sales suggest Indians worth $40M-plus
A stunning string of sales of minor-league baseball teams this year suggests the Indianapolis Indians’ current stock buy-back offer might be undervaluing the franchise.
Read MoreChildren’s Museum expands footprint
The Children’s Museum of Indianapolis plans to begin tearing down a nearby apartment building this month and is starting to explore options for the site that could include an outdoor attraction.
Read MoreEmmis: Dynamic pricing will reshape many industries
Indianapolis-based Emmis Communications Corp. executives believe their latest acquisition, a local flexible-pricing software firm called Digonex Technologies, can revolutionize any number of businesses, including radio.
Read MoreWill spurned TV station launch ABC courtship?
Channel 6's affiliation agreement with ABC expires in January, but the station's owner, E.W. Scripps, has strong ties to the network and will be highly motivated to avoid a parting of ways.
Read MoreDemocrats question $12M in consulting contracts
The cash-strapped city of Indianapolis has entered agreements worth more than $12 million as it pursues a public-private partnership for a new courthouse and jail. Mayor Greg Ballard’s office says the fees will be paid by the developer.
Read MoreStruggling hospital finds buyer, enters bankruptcy protection
Bloomington’s Monroe Hospital, which has had a close relationship with Indianapolis-based St. Vincent Health, filed for bankruptcy reorganization on Friday and plans to sell its business to a Canadian operator.
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Hendricks County pitching motorsports skill, expertise to medical manufacturers
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
Read MoreTOLLIVER: Warehousing, e-commerce merging in Indy area
As consumers, our need for instant gratification has never been greater, as evidenced by the rise of e-commerce. Shopping online and receiving an order that same day or the next is replacing the expectations of old, when we received our orders in a week or so.
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EDITORIAL: Public deserves full disclosure
The city might be negotiating a sweet deal for Indianapolis taxpayers over the proposed $500 million justice center to be built across from the Indianapolis Zoo on the former site of General Motors’ stamping plant. Or, taxpayers might be getting a bad deal.
Read MoreMAURER: Is there room for compassion in politics?
A humanitarian crisis doesn’t always bring out the best in us.
Read MoreLAMKIN: Tax tips for a reform-minded Pence
Determining governmental and tax structures is a major responsibility of state government. But, as we proceed into the 21st century, it is important to note that the size, density and distribution of our population have changed over the last 1-1/2 centuries.
Read MoreRUSTHOVEN: Carter keeps the world ‘enlightened’
Former President Jimmy Carter recently volunteered his wisdom on the conflict between Israel and Hamas. In Carter’s view, hostilities were not sparked by Hamas’ firing rockets at Israeli citizens, nor tunneling from Gaza into Israel to kill and kidnap civilians.
Read MoreHicks: College success comes to those who persevere
About half of all young people try college, but only half of that group finish a degree. The difference between these groups is almost wholly due to old-fashioned hard work and perseverance.
Read MoreKim: Investors–watch out for penny-stock ‘wolves’
Accurate information about low-priced stocks issued by the smallest of companies can be difficult to find. This makes it easy for fraudsters to spread false information. It’s truly the Wild West of speculation.
Read MoreHow to upgrade International Motor Speedway
The quality of the racing entertainment at Indianapolis Motor Speedway is unsurpassed by any track [Aug. 4]. If the ultimate goal is to attract more fans, then Doug Boles must make their comfort a top priority.
Read MoreChange schools chief title while we’re at it
I support the initiative being pushed to move the position of state schools chief to an appointed position. While we are at it can we also change the title of the position to Superintendent of Schools?
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Church accuses JPMorgan of mismanagement, self-dealing
Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank’s “intentional mismanagement” and “self-dealing” led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.
Read MoreIU research center trying to remedy ‘civic deficit’
The Center for Civic Literacy will open its first public conference Aug. 22 with the goal of connecting scholars and practitioners in the fields of education, business, not-for-profits, media and government.
Read MoreWellPoint to change corporate name back to Anthem
The name change will be completed by the end of the year, pending shareholder approval, the company said Tuesday.
Read MoreLender forecloses on two downtown office buildings
The Gold Building and Two Market Square have been struggling to maintain tenants and face a potential exodus of others to the county’s proposed criminal justice complex.
Read MorePROXY CORNER: Noble Roman’s Inc.
Indianapolis-based Noble Roman’s Inc.sells and services franchises and licenses for non-traditional foodservice operations and stand-alone take-n-bake locations under the trade names “Noble Roman’s Pizza," “Noble Roman’s Take-N-Bake” and “Tuscano’s Italian Style Subs.”
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