JUNE 22-28, 2015
After years of pipeline failures, Eli Lilly and Co. is on a bit of a hot streak. J.K. Wall reports on some needed successes in clinical trials for experimental drugs, and how Lilly’s strategy has changed. Also in this week’s issue, Scott Olson has the latest on the fate of the former General Motors stamping plant site near downtown, dealt a blow by the cancelled deal for a criminal justice center. And the whole staff teams up for our annual “Indiana 100” publication, a look at the state’s top companies.
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GM plant property goes back on block
A big chunk of the former General Motors stamping plant site near downtown will go back on the market July 1 now that the city’s plans to build a criminal justice center there have fallen through.
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Lilly buoyed by string of positive results from drug trials
After years of pipeline failures, Eli Lilly and Co. is on a bit of a hot streak. This month alone, the Indianapolis-based drugmaker has reported positive results from clinical trials of four experimental drugs.
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Startup gives college baseball teams a competitive advantage
Noblesville-based Diamond Charts LLC has become a huge hit among college baseball teams big and small since two Rose-Hulman Institute of Technology alumni launched it in early 2013 with $200 and what seemed like a crazy idea.
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Hedge funds bet on Noble Roman’s
Two hedge funds have been beefing up stakes in Indianapolis-based Noble Roman’s, a 43-year-old pizza chain with a depressed stock price and an evolving business model.
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Mixed-use Anson gains momentum after slow start
The Great Recession put the $1 billion Duke Realty Corp. project years behind schedule, but progress picked up again in 2011 and 2012. A tipping point for momentum was the long-anticipated Meijer store’s opening in 2014.
Read MoreBank heists on decline as risk rises, reward falls
Bank heists have dropped precipitously since the early 2000s, and banking and criminal justice experts said they believe a key factor is the combination of less reward and more risk.
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Zionsville project lands Fresh Fare grocery
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
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Circle Centre reports mixed bag of operating results
Non-anchor retail occupancy for the mall declined from 90.5 percent in 2013 to 89.5 percent last year, while profit and revenue climbed, Simon Property Group Inc. said in an annual operating report to the city.
Read MoreIrvington officials seeking developer for high-profile parcel
They hope to attract a developer to construct a three-story building with a mix of retail and apartments on the lot along East Washington Street where a historic building once stood.
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EDITORIAL: Big Car’s plan for Garfield Park is inspiring
The organization's bold plan would turn several vacant homes into artist residences and transform two commercial buildings into exhibition spaces, a radio station and an artist-curated record store.
Read MoreMAURER: Where did your ancestral journey start?
Participate in this National Geographic initiative, and maybe you’ll discover your Neanderthal roots.
Read MoreSCHMIDT: Yes, Indy has been outscored by Detroit
It’s shocking that Indianapolis’ Walk Score wasn’t higher when we just heard so many positive comments from Final Four visitors about how easy it was to walk from hotels to restaurants, bars and Lucas Oil Stadium.
Read MoreRUSTHOVEN: Trump isn’t the adult GOP candidate
The Donald makes Ross Perot look like a reflective statesman, personifying the tawdry “reality show” character of much of modern culture and politics.
Read MoreKIM: For funds needed soon, zero is often ideal return
People frequently ask me how they should invest their money. While everybody’s situation is different, I always advise them to not invest any funds likely to be needed in the next three to five years.
Read MoreBOHANON & STYRING: A sound economic alternative to Obamacare
At stake is whether people in the 36 states where the federal government runs the Obamacare health insurance exchanges are entitled to receive health insurance subsidies.
Read MoreVision Fleet is victim of political tussle
My company is stuck in the middle of a dispute that threatens not just one municipal fleet modernization program, but the reputation of a city that wants to develop innovative solutions that can be replicated elsewhere.
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Cook Group President Hawkins plans retirement
Kem Hawkins, who has been president of Cook Group Inc. since 2001, will retire on July 1. He will be replaced by Pete Yonkman, who since 2013 has been president of Cook Medical, the Cook subsidiary that makes medical devices.
Read MoreAuto parts maker expanding, hiring in Greencastle
Chiyoda USA Corp. is expanding its Greencastle plant, which company officials said will create 300 jobs by 2017.
Read MorePoll of voters shows Pence vulnerable in 2016 election
In head-to-head matchups, the new poll found Indiana Gov. Mike Pence in a statistical dead heat with the two leading Democratic candidates for governor.
Read MoreBluebridge secures $2 million in venture funding
The equity round, led by Carmel-based Allos Ventures and St. Louis-based Cultivation Capital, is the third round of financing for the company in less than a year.
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