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Legislators take up statewide smoking ban-WEB ONLY

February 4, 2009

The state House’s Public Policy Committee will hear testimony today on a bill that would completely ban smoking in bars, restaurants, casinos and other public places throughout the state. Some local bar and restaurant owners have expressed concern about what a smoking ban would mean for business. Meanwhile, supporters of bill are pointing to a […]

GM to offer all hourly workers buyouts-WEB ONLY

February 4, 2009

General Motors Corp. will offer buyouts to all of its hourly employees as the troubled automaker continues to slash costs. GM spokesman Tony Sapienza said the buyouts will mainly target GM’s 22,000 retirement-eligible hourly employees, though any union employee can take the offer. News of the buyouts first broke on Monday, when a union official […]

FDA panel clears path for Lilly’s prasugrel-WEB ONLY

February 4, 2009

A panel of government health experts yesterday said a highly anticipated Eli Lilly and Co. blood thinner marks a significant advance over older treatments and should be approved. The nine members of the Food and Drug Administration’s cardiology advisory group unanimously voted in favor of the company’s anti-clotting drug prasugrel, saying it should be approved […]

Republic Airways’ traffic dips in January-WEB ONLY

February 4, 2009

After enjoying a bump in passenger counts last year, Indianapolis-based Republic Airways posted a decline in January compared with the same period a year ago. The regional carrier said yesterday that it transported 1.3 million passengers last month, down 2.4 percent from the previous January. In 2008, Republic flew 18.9 million passengers, up 16 percent […]

2 victims identified in deadly I-69 crash-WEB ONLY

February 4, 2009

Police continue to investigate a deadly crash on Interstate 69 yesterday that involved more than 30 vehicles and killed three people. The chain reaction started after a fire truck was hit by a passing car. Investigators say yesterday’s snow was an obvious factor, and some drivers were going too fast for the conditions. Two of […]

Analyst: Daschle decision could help insurers-WEB ONLY

February 4, 2009

Stock prices of health insurers, including WellPoint Inc., likely will rise now that Tom Daschle has withdrawn as President Barack Obama’s nominee for secretary of Health and Human Services. At least that’s the opinion of one health care stock analyst, Les Funtleyder of Miller Tabak & Co. in New York. “In our judgment this development […]

Teen accused in bus stop robberies appears in court-WEB ONLY

February 4, 2009

A teenager accused of carrying out a string of bus stop robberies on the east side last month appeared in court this morning for an initial hearing. Investigators say Cameron Johnson, 17, held up students for money, cell phones and shoes. Johnson will be tried as an adult. Indianapolis police are still looking for two […]

PNC to cut 5,800 jobs, most from National City-WEB ONLY

February 4, 2009

PNC Financial Services Group Inc. said yesterday it plans to cut 5,800 jobs by 2011 – including 4,000 at Cleveland-based National City Corp., which it bought late last year. The Pittsburgh bank completed its acquisition of National City on Dec. 31. National City has 75 branches and 1,200 employees in the Indianapolis area, ranking it […]

No one hurt in acid spill, fire-WEB ONLY

February 4, 2009

A near-west-side business is closed today after a nitric acid spill early this morning. Firefighters and hazardous materials crews were called to Magnode Corp., 4151 W. Washington St., about 4 a.m. Firefighters say a pallet of nitric acid began to leak and caught fire when it was exposed to moisture. Crews quickly put out the […]

IBM chooses Dubuque over Bloomington-WEB ONLY

February 4, 2009

Bloomington lost out on a new IBM data processing center that could have employed up to 1,300 people in the Monroe County city. The city was a finalist for the project, but officials learned Monday that the company instead chose Dubuque, Iowa. State officials there offered an incentive package totaling $52 million. It was not […]

Baldwin & Lyons dinged by investment losses-WEB ONLY

February 4, 2009

Investment losses overshadowed an increase in premiums written by Indianapolis insurer Baldwin & Lyons Inc. last quarter, dropping its profit to $100,000 despite operating income of $7.8 million. The company posted investment losses of $7.7 million, which it attributed to global market woes. Its 1-cent-per-share profit compares to $1.34 posted in the fourth quarter of […]

Report: Ticketmaster, Live Nation eyeing deal-WEB ONLY

February 4, 2009

Entertainment giants Ticketmaster Entertainment Inc. and Live Nation Inc. are talking merger, The Wall Street Journal reported today, citing unnamed sources familiar with the deal. If it goes through, the merger would combine two powerful forces in the music industry. Ticketmaster has a stranglehold on event ticketing, and Live Nation dominates concert promotion. The companies’ […]

Grant could boost IMA’s national reputation-WEB ONLY

February 4, 2009

Art conservators are like Santa’s elves, working anonymously and unseen on objects that bring great joy to other people. But instead of toys, conservators concentrate on the paintings and objects that can make their museums renowned. So the excitement in Conservator-in-Charge David Miller’s voice wasn’t surprising after he learned yesterday that the Indianapolis Museum of […]

Should libraries charge?

February 4, 2009

Should libraries be charging for the hottest materials?

The Dallas Public Library thinks so. It’s slapped a $5 surcharge on a short list of bestsellers and new-release DVDs. You can find more details here.

A slippery slope or a smart move?

And,…

Gasoline Alley businesses upset

February 4, 2009

A proposed closure of Grande Avenue in Speedway has more than a few Gasoline Alley businesses riled up. Allison Transmission—which has plants on both sides of Grande Avenue just south of 10th Street—along with the Speedway Redevelopment Commission, has requested…

Integrity of organic foods

February 4, 2009

The organic food industry is in an uproar over concerns that organic fertilizer may have been spiked with
synthetic versions.

Last month, FBI and federal agriculture officials searched a California organic fertilizer factory, but wouldnâ??t
disclose their motive. The…

Q&A-WEB ONLY

February 4, 2009

Cook splits device unit to focus on cancer-WEB ONLY

February 4, 2009

The Turtles crooned that they were “so happy together.” But Cook Medical is thinking just the opposite. It has split its interventional devices business into two units, pulling its lesser-known cancer products out from under the shadow of its heart products, such as metal stents and angioplasty balloons used to prop open arteries. Cook hopes […]

PNC to cut 5,800 jobs, most from National City-WEB ONLY

February 4, 2009

PNC Financial Services Group Inc. said yesterday it plans to cut 5,800 jobs by 2011 – including 4,000 at Cleveland-based National City Corp., which it bought late last year.The Pittsburgh bank completed its acquisition of National City on Dec. 31. National City has 75 branches and 1,200 employees in the Indianapolis area, ranking it the […]

ITT Corp. planning to add 220 jobs at Crane-WEB ONLY

February 4, 2009

Defense contractor ITT Corp. plans to locate a new avionics repair and testing facility at the Crane Naval Surface Warfare Center southwest of Bloomington, creating more than 220 jobs within six years. ITT’s Electronic Systems business, based in Clifton, N.J., will invest more than $10 million to develop a regional electronics repair and evaluation hub […]

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