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The troubled ISTA Insurance Trust says it will discontinue paying long-term-disability benefits to teachers next month – a move that drew a rebuke this morning from Indiana Insurance Commissioner Jim Atterholt. “It’s pretty shocking what they are attempting to do here,” he said. “These people on disability – they have nothing after July. How do […]
Well-known local gun dealer Don Davis essentially gave a blank check this morning to the Johnson County Sheriff’s Department to equip its fleet of patrol cars with external defibrillators. Three of the department’s cruisers already have the devices that shock the heart back into normal rhythm. The contribution from Davis could enable the county to […]
Indiana Gov. Mitch Daniels is calling legislators back to the Statehouse next week to resume work on a new state budget, and legislative leaders are already meeting to lay the budget groundwork. Daniels told a bipartisan group of lawmakers yesterday that the special legislative session would begin June 11. The Republican governor said he hopes […]
Indianapolis-based Ice Miller LLP has the highest percentage of female equity partners among the nation’s most profitable law firms, according to the June issue of The American Lawyer magazine. More than a quarter – 27.3 percent – of Ice Miller’s partners who have an ownership stake in the firm are women. That’s tops among the […]
The NCAA wants to give schools an economic break. The college sports governing body announced it will suspend membership dues for the next school year. It also hopes to save about $500,000 by holding most of its future committee meetings in its headquarters city of Indianapolis. Some meetings are currently held in the city, but […]
Indiana homeowners, business owners and car owners are assessing the damage from yesterday afternoon’s severe weather. The storms dropped baseball-sized hail in some spots, including hard-hit Hamilton County, where winds of up to 60 mph downed trees and power lines. Now a lot of Hoosiers, especially in the Fishers area, are ready to get the […]
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Well-known local gun dealer Don Davis essentially gave a blank check this morning to the Johnson County Sheriff’s Department to equip its fleet of patrol cars with external defibrillators. Three of the department’s cruisers already have the devices that shock the heart back […]
Indianapolis Mayor Greg Ballard approved two new charter schools this morning, bucking calls by some to halt expansion of the taxpayer-funded schools. The new schools are the Indiana Aerospace Junior-Senior High School and the Paramount School of Excellence. In addition, Ballard assumed oversight of the Irvington Community School, an Indianapolis charter school that had previously […]
Consumer health advocates and a patent holder on a highly anticipated blood thinner from Eli Lilly and Co. want the U.S. Food and Drug Administration to halt its review of the drug, which they say may be unsafe at the suggested dose. The FDA has been reviewing Indianapolis-based Lilly’s prasugrel since January 2008. A company […]
Indiana’s largest teachers union says it will stop making payments in July to people who are supposed to get long-term disability benefits from its insurance trust. A National Education Association trustee who has taken over the Indiana State Teachers Association’s troubled insurance arm had previously said that his top priority was making sure teachers and […]
Before you hear Ed Morrisonâ??s warning for Indianapolis, itâ??s helpful to know the Cleveland-area resident is
a fan.
Morrison, who was hired by Purdue University a couple of years ago to help Hoosiers think of new ways of
solving problems, believes…
It may not have the flash and pizazz of psychiatric, cancer and heart drugs, but expect Eli Lilly and Co.’s osteoporosis franchise to steadily build itself to blockbuster status over the next decade. That’s the upshot of a June 1 report from Massachusetts-based Decision Resources Inc.. which predicts that Lilly’s drug Forteo and a new […]
Indiana Gov. Mitch Daniels is calling legislators back to the Statehouse next week to resume work on a new state budget, and legislative leaders are already meeting to lay the budget groundwork. Normal 0 false false false MicrosoftInternetExplorer4 Daniels told a bipartisan group of lawmakers yesterday that the special legislative session would begin June 11. […]
Officials in four Midwestern states badly hurt by the auto industry’s woes are lining up to ask the Cabinet secretaries crisscrossing the region for a better deal when it comes to getting funds from the federal recovery act. With the bankruptcy filing of industry icon General Motors Corp. just days old and Chrysler LLC plants […]
The U.S. Court of Appeals for the Second Circuit late last night put Chrysler LLC’s bankruptcy sale to Fiat Group on hold in order to hear an appeal by a trio of Indiana state pension and construction funds that object to the deal. The New York City court agreed to hear legal arguments by the […]
Indiana Gov. Mitch Daniels is calling legislators back to the Statehouse next week to resume work on a new state budget. Daniels told members of the bipartisan State Budget Committee today that the special legislative session would begin June 11. Daniels said he hopes that give lawmakers plenty of time to agree on a spending […]
General Motors Corp. has a tentative agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, a person briefed on the deal said today. GM announced earlier today that it has a memorandum of understanding to sell the brand of rugged SUVs, but the company didn’t disclose the buyer. The […]
A proposed incentive deal to kick-start a $65-million development adjacent to the former site of Market Square Arena calls for the…
Normal 0 false false false MicrosoftInternetExplorer4 A proposed incentive deal designed to kick-start development adjacent to the former site of Market Square Arena calls for the city to fund the entire purchase price of two prime parcels. A local developer, Tadd M. Miller, plans to invest as much as $65 million to redevelop the long-vacant […]
Caterpillar Inc. again is cutting the hours of employees at its locations in Lafayette, the Peoria, Ill.-based company said in a notice to state officials. Nearly 160 workers at Caterpillar Logistics Services Inc. will have their hours reduced by at least half starting Aug. 24, the company said. The new work schedule is expected to […]
