Giant Heartland Crossing housing development hangs on
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
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EDITORIAL: Bold moves show results
There’s something refreshing and inspiring about individuals who set ambitious goals and throw themselves into
meeting them.Jim Irsay feeling pressure to go for perfect Colts season
Jim Irsay and Peyton Manning could earn huge financial rewards if the Indianapolis Colts complete a perfect season. NFL brass
putting pressure on team to try.New jobless claims rise unexpectedly
The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous
week.Property tax caps stand good odds in the 2010 legislative session
Lawmakers are likely to pass property tax legislation, which would send it to a voter referendum in November and potentially
into the state constitution.For Indianapolis Motor Speedway’s Jeff Belskus, it cuts like a knife
New Brickyard boss may realize that the cost of financing the Indy Racing League is outstripping the shrinking profits of
the Indianapolis Motor Speedway.Company news
Carmel-based Dormir Inc. acquired a string of sleep-study centers and equipment stores in California,
Oregon and Utah, making it the nation’s second-largest provider of sleep-diagnostic services in the country behind SleepMed
Inc., headquartered in Columbia, S.C. The sleep centers and equipment stores were part of two subsidiaries of Australia-based
Avastra Sleep Centres Ltd. They give Dormir 85 locations in 16 states. Financial terms of the deal were
not disclosed.Eli Lilly and Co. said it won approval for a new long-acting
version of its bestselling antipsychotic Zyprexa. The new version has patents that could extend until
2018. Investors have shunned Lilly’s stock this year because they say Indianapolis-based Lilly does not have enough new
drugs to offset the loss of Zyprexa revenue that will occur after the drug loses its patents in 2011. Lilly issued a forecast
for 2012-2014 that suggested its profits could fall by as much as one-third from their present levels.Lilly
Endowment Inc. will give $60 million to the Indiana University School of Medicine
to implement its new Indiana Physician Scientist Initiative that aims to turn discoveries that could
improve human health into products and treatments that benefit patients and produce new businesses. Dr. David Wilkes,
executive associate dean for research affairs at the IU School of Medicine, will direct the Indiana Physician Scientist Initiative.
Its biggest goal is to recruit 20 physician-scientists to the IU med school to focus on cancer, neurosciences and diabetes/vascular
disease.Scientists have made chemotherapy drugs better at reducing side effects by engineering them to bind only
to cancerous cells. But researchers at Purdue University are taking an entirely different approach. They
used cold and magnetic particles to create nanorods—about 1,000 times smaller than a human hair. They then coated these
rods with the breast cancer drug Herceptin and inserted them into breast tumors. Professor Joseph Irudayaraj and graduate
student Jiji Chen wrote about their work in the journal ACS Nano.The Eli Lilly and Co. Foundation
gave $1 million to Indiana University to form a school of public health at IUPUI. Indiana University will
build the school using faculty from its medical school and the School of Public and Environmental Affairs.Two Fort Wayne consulting firms are joining forces in an attempt to do more work for financially
strapped doctors and hospitals. MedOptima and Ruffolo Benson LLC now
offer expertise in improving billing and other processes, as well as finding capital.In the
latest combination of fitness and physicians, St. Vincent Health has opened
a rehab therapy clinic at the Fishers YMCA. The 3,900-square-foot clinic will offer
orthopedic, neurological and general rehab care. The first local example of such a partnership is the Westview Healthplex
Sports Club on Guion Road operated by Westview Hospital. Also, Hendricks Regional Health
is working with YMCA to build a joint facility in Avon.Speedway slashes schedule of May activities
Belt tightening for the Indianapolis Motor Speedway and Indy Racing League continues with the much-anticipated announcement
that the Brickyard’s "month of May" activities will be shortened in 2010.Nobel-winning economist Samuelson was Gary native
Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped
shape tax policy in the Kennedy administration and wrote a textbook read by millions of college students, died Sunday.Police warn about utility worker scam
Police are searching for a scam artist who pretends to be a city utility inspector. So far, the thief has targeted older women
in locations including Clinton County north of Indianapolis, Cicero, Zionsville and Speedway. Investigators say the scammer
gets the victims to go behind their homes with him, instructs them to wait outside, then goes inside and steals valuables.LOU’S VIEWS: Symphony’s annual Yuletide show doesn’t need Vegas dress-up
When this year’s edition of “Yuletide Celebration” maintains its focus on the Indianapolis Symphony
Orchestra, guest host Maureen McGovern and the tap-dancing Santas, it’s as comforting as the
show has ever been.INDOT using federal funds to improve transportation options near schools
The Safe Routes to School program “aims to influence a new generation of healthy, sustainable travel
behavior,” says INDOT.MAURER: Cousin Eddie is a fine doctor and a special guy
Remember Cousin Eddie? He is the obstetrician/gynecologist in Houston I wrote about who tried to cut the mustard
in the hot dog business (“There ain’t no hog in the Yoso Dog”). He dreamed of having his own restaurant
and, against the advice of friends, he went to the dogs.Jobless claims rise unexpectedly
The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight
weeks.Conseco wins dismissal of GM Building lawsuit
A U.S. District judge threw out the lawsuit against Conseco, saying the company’s emergence from bankruptcy in September
2003 wiped out prior legal claims.Espresso Book Machine could open new pages in local retailing
The pricey Espresso prints and binds books while customers wait. But retailers aren’t sure what to expect when the the machine
gains wider acceptance.Editorial writers lose appeal against Star
Two former editorial writers at Indiana’s largest newspaper failed to prove they were the victims of religious discrimination,
according to a circuit court of appeals.Panel sends tax bills to state Senate
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.Bella Vita restaurant planned for Circle Centre
An Italian restaurant whose owner has ties to embattled local businessman Tim Durham is poised to take the first-floor
space in Circle Centre mall formerly occupied by Bertolini’s.Marsh, then and now
Now that Marsh Supermarkets is being run like a real business, has the shopping experience changed?