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Oscar-winner Marlee Matlin (“Children of a Lesser God”) got into town early for her “Dancing with the Stars” performance in time to catch the Phoenix Theatre’s production of “Love Person.” The play stars Tami Lee Santimyer, who also starred in…
Concern over the future of Broad Ripple Fire Station No. 32 is heating up as the Indianapolis Fire Department weighs whether to close…
Indy Racing League officials are finalizing a deal with Mattel’s Hot Wheels to roll out a line of replica open-wheel cars this spring. As little cars go, this is a pretty big deal….
Indiana‘s higher education commissioner will leave his post April 30 to pursue other opportunities. Stan Jones has led the state agency that oversees colleges and universities since 1995. During Jones’ tenure at the Indiana Commission for Higher Education, he oversaw the creation of the 21st Century Scholars program, which helps low-income students to attend college, […]
One of the themes emerging from the developing story about Marcus Schrenker is that he was driven to personal
destruction at least partly by greed.
The Fishers investment manager had a history of living well beyond his means, and…
West-Lafayette based Bioanalytical Systems Inc. restated its earnings on Wednesday and reported its second straight profitable year by posting a gain of $495,000 for the 12 months ended Sept. 30. Revenue in the fiscal year climbed nearly 5 percent, to $41.7 million.The company adjusted its earnings after incorrectly stating the tax provision for the fourth […]
Chrysler workers in Kokomo could find out today whether they will go back to work on Jan. 20, as scheduled, the Kokomo Tribune is reporting. Chrysler spokeswoman Mary Beth Halprin told the Tribune that production schedules are set on Thursdays, and that Chrysler could take into account December sales – which were down 53 percent […]
Fortune Industries Inc. eked out a profit of $44,000 in its first fiscal quarter – up from $10,000 in 2007 – even as revenue dropped to $36.2 million from $43.8 million in the same period last year. The Indianapolis-based company yesterday announced financial results for the quarter ended Nov. 30. “We are ecstatic to have […]
It’s long been debated which of the Manning brothers is the better quarterback, Peyton or Eli. Which is the highest paid has never been a debatable point. In Indianapolis—and in New York, it…
Eli Lilly and Co.’s guilty plea for improper marketing of Zyprexa is its second such plea in just over three years.Indianapolis-based Lilly pleaded guilty to one violation of the Food, Drug and Cosmetic Act on Thursday and agreed to pay $1.42 billion to settle both that criminal charge as well as civil lawsuits in which […]
The Australian owner of Chase Tower has put the building up for sale with an asking price of $180 million. The 48-story tower, the city’s tallest, is about 98-percent occupied. The offering also includes the adjacent 12-story Circle Building, for a total of 1.1 million square feet. The building is hitting the market at a […]
As expected, Eli Lilly and Co. said this morning it has agreed to pay $1.4 billion to settle criminal and civil charges related to its marketing of antipsychotic drug Zyprexa. Indianapolis-based Lilly set aside the money in October in anticipation of a settlement. As part of the criminal investigation, Lilly will plead guilty to a […]
Even with the cold, there was a full house for Wednesday’s screening of “Defiance”–including many who won tickets here on the blog.
So, attendees, what did you think?
Lake County didn’t want Indianapolis-based Agresti Biofuels LLC, but Vietnam has just issued a warm welcome. Agresti, an ethanol-making venture that includes big Indianapolis engineering firm RW Armstrong, has signed an agreement with Vietnam’s Phuc Yen Co. to build and operate ethanol facilities in Vietnam. Agresti’s venture will produce ethanol from landfill waste in Vietnam […]
A generic drugmaker asked a federal court of appeals Tuesday to lift an order that is preventing it from selling a cheaper copy of Eli Lilly and Co.’s osteoporosis drug Evista, according to Bloomberg News. The order would expire March 9 anyway. That is the same day Indianapolis-based Lilly and the generic company, Israel-based Teva […]
The future of the Indianapolis Navistar plant is uncertain after the company agreed Tuesday to stop producing diesel engines for Ford Motor Co. at the end of the year. Navistar’s Brookville Road plant produces engines used in Ford’s F-Series pickups. It employs about 600 workers.The decision to stop manufacturing the motors is part of a […]
Sixty-five employees at the east-side Reebok manufacturing plant in Indianapolis lost their jobs today as part of a broader company-wide restructuring. A Reebok spokeswoman declined to divulge details of the cuts, but said difficult economic conditions contributed to the decision. The plant has 950 employees and manufactures and distributes apparel for the National Football League, […]
Eli Lilly and Co. could agree as soon as Thursday to pay $1.4 billion to settle criminal and civil charges related to its marketing of antipsychotic drug Zyprexa, according to a story today in the New York Times. The Times cited unnamed sources involved in Lilly’s negotiations with federal Justice Department officials. Indianapolis-based Lilly already […]
The Digital Policy Institute at Ball State University has drawn up a blueprint to create as many as 200,000 jobs nationwide by March. How? By spending $28 billion to construct wireless broadband access in rural areas. Ball State calls for distributing the money to small, rural telephone companies as the fastest way to get Americans […]
Max Siegel, former president of global operations for Dale Earnhardt Inc., is coming back to the local law firm where his career began. As reported in the IBJ in November, Siegel began contemplating…
