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Bye-bye, billable hour?

May 15, 2009

A staple of professional services, the billable hour, is beginning to erode. Law firms increasingly are being
asked to shoot a set price for a specific service, and now the movement is spreading to advertising, as
Coca-Cola announced…

Indy Pole Day draws TV viewers

May 15, 2009

Even on a fledgling cable channel, the events surrounding the Indianapolis 500 continue to be an attraction—though I’m sure the Indy Racing League’s new TV partner was hoping for better. Pole Day qualifications…

Dramatic battle in Carmel

May 15, 2009

Carmel Community Players, a volunteer theater founded in 1993, has announced an ambitious season of all Pulitzer-Prize-winning
shows — even though a chunk of its funding was shot down by the Carmel Support the Arts Fund and its

performance…

Around town pizza roundup

May 14, 2009

Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women’s clothing store near 62nd Street and College Avenue in Broad Ripple. Plans call for the restaurant…

Cook blasts slow commercialization process-WEB ONLY

May 14, 2009

Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way. That’s the message Bill Cook, one of the state’s most successful businessmen, delivered this morning at the fourth and final event of the 2008-09 Indiana Life Science Collaboration Conference Series at IUPUI. Cook […]

Overnight storms rage through the Hoosier state-WEB ONLY

May 14, 2009

Severe weather swept through central Indiana last night, causing downed power lines, flooding and accidents. Thousands of homes and businesses were without power this morning, with Marion County hit hardest. Multiple weather-related collisions disrupted the morning commute and some vehicles were swept away as drivers tried to cross flooded roads.

Lilly CEO: Obama plan hurts innovation-WEB ONLY

May 14, 2009

Eli Lilly and Co. CEO John Lechleiter said during a speech today in Washington that he opposes the public-plan option at the center of President Barack Obama’s health care reform principles. He also warned that the “comparative-effectiveness” research of medical treatments, which received vast funding in Obama’s February stimulus bill, could go wrong if it’s […]

Speedway reopens for Indy 500 practice-WEB ONLY

May 14, 2009

Severe weather should be out of the Indianapolis area in time for today’s action at the Indianapolis Motor Speedway. Indy 500 practice was slated to rev at noon. Admission is $5 and children 5 and under get in free.

Cook blasts slow commercialization process-WEB ONLY

May 14, 2009

Scott [email protected] Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way. That’s the message Bill Cook, one of the state’s most successful businessmen, delivered this morning at the fourth and final event of the 2008-09 Indiana Life Science Collaboration Conference Series at […]

Some want to put brakes on phone use in cars-WEB ONLY

May 14, 2009

Indiana legislators recently approved cell-phone restrictions for drivers under the age of 18, but some say those rules should apply to all drivers. In fact, several states are taking action to protect people from drivers on cell phones. Fox 59 will have more at 10 p.m.

Lilly CEO: Obama plan hurts innovation-WEB ONLY

May 14, 2009

Eli Lilly and Co. CEO John Lechleiter said during a speech today in Washington, D.C., that he opposes the public-plan option at the center of President Barack Obama’s health care reform principles. He also warned that the “comparative-effectiveness” research of medical treatments, which received vast funding in Obama’s February stimulus bill, could go wrong if […]

Electric truck project could yield 1,600 jobs-WEB ONLY

May 14, 2009

A recreational vehicle company plans a joint project with an electric engine maker in northern Indiana to begin producing what they say would be the first light-duty electric pickup truck. Executives from Gulf Stream Coach and Electric Motors Corp. announced the project today in the Elkhart County town of Wakarusa. The companies said they planned […]

Chrysler seeks termination of 3 Indy dealerships-WEB ONLY

May 14, 2009

Chrysler LLC has asked a federal bankruptcy court in New York to terminate the franchises of three of its Indianapolis dealerships and 17 others in Indiana, according to records the automaker filed in court today. Axed locally would be Palmer Dodge Inc., 4545 E. 96th St.; Palmer Dodge West, 5051 W. Pike Plaza Road; and […]

“Ben Hur”(in Latin) and more

May 14, 2009

Time to empty the arts notebook:

 –On the short list of bestsellers penned by Hoosiers is 1880’s Biblical epic “Ben Hur,” by Lew Wallace. Well, now it’s coming to the stage in London…in Latin and Aramaic. Click here for more…

Business groups criticize new jobless-fund law-WEB ONLY

May 14, 2009

Gov. Mitch Daniels signed legislation yesterday that proponents hope will ultimately fix Indiana‘s bankrupt unemployment insurance fund. But critics say the law will be far too costly for businesses and cost the state jobs. The bill approved by the General Assembly last month will dramatically increase unemployment taxes on employers but will not cut benefit […]

New jobless claims rise more than expected-WEB ONLY

May 14, 2009

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week. The U.S. Labor Department said today the number of new claims rose to a seasonally adjusted 637,000, […]

Handmade bike show rides away

May 14, 2009

North American Handmade Bicycle Show, we barely knew ya. After one year in Indianapolis, the unique event—which drew 150 exhibitors and 7,200 attendees to Indianapolis Feb. 27-March 1—is vacating for Richmond, Va. The…

Biomet settles 24 patient lawsuits-WEB ONLY

May 14, 2009

An Indiana medical device maker has told shareholders it is settling two-dozen lawsuits against Dr. John King, the one-time West Virginia osteopath at the center of scores of malpractice claims. Warsaw-based Biomet Inc. has reached agreements with 24 of 27 plaintiffs who sued over bone stimulators made by its EBI subsidiary and allegedly implanted by […]

Dana lays off 115 at Fort Wayne axle plant-WEB ONLY

May 14, 2009

A union leader says Toledo, Ohio-based Dana Holding Corp. has laid off nearly half of the employees at its Fort Wayne axle plant, due to the temporary shutdown of Chrysler plants. United Steelworkers Local 903 president Denny Leazier said 115 of the plant’s 280 employees were notified that they would be idled. He said the […]

Quarterly, yearly losses widen for Emmis-WEB ONLY

May 14, 2009

Emmis Communications Corp. this morning reported a big fiscal fourth-quarter loss as revenue fell 20 percent from a year earlier. The Indianapolis-based radio-broadcasting and magazine-publishing company lost $158.5 million, or $4.29 per share, in the fourth quarter ended Feb. 28 on revenue of $68.5 million. That compares to a loss of $18 million, or 52 […]

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