Incentives flow to tech firm Positron, despite red ink
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
Government & Economic Development
Articles
Kodak official: Company keeping R&D center in Ohio
Eastman Kodak Co. reportedly looked at relocating a 500-person research-and-development center to Indiana, but will instead stay put in Ohio, according to a company official.
Judge denies Plowman request to overturn convictions
Former City-County Councilor Lincoln Plowman had asked a judge to overturn his attempted extortion and bribery convictions after a jury found him guilty of the charges Sept. 15.
LA firm to oversee construction of city’s sewage tunnel
Aecom, a global firm that also is one of the companies rebuilding the World Trade Center site in New York City, designed the Deep Rock Tunnel Connector, the linchpin of a tunnel system the city will build to handle sewage overflows during rain storms.
Recovery likely to worsen nursing shortage
The recession pushed some nurses out of retirement and others into full-time jobs. But the nurse shortage is expected to resume as the economy improves.
PANEL: Reforms to rapidly reshape health care
Reform-induced changes dominate health care panel of health care experts convened by Indianapolis Business Journal.
Rep. DeLaney calls for stage collapse liability hearing
The Indianapolis Democrat said the $5 million liability cap the state has in place is "too little" for the seven people who died and dozens who were injured.
Medical supplier Hill-Rom makes $42M fraud settlement
Hill-Rom Holdings Inc., a medical-equipment company based in Indiana, agreed Tuesday to pay nearly $42 million to settle a government lawsuit. The government had accused the company of knowingly submitting false claims to Medicare from 1999 to 2007.
Postal service union workers plan rallies around Indiana
Organizers from the AFL-CIO say the rallies in 13 locations around Indiana are part of a national effort seeking support for congressional action to shore up the struggling agency.
Lawsuit by fair victims challenges Indiana’s $5M tort cap
An Indiana law that caps the state's liability for damages at $5 million for a single event violates the U.S. and state constitutions and should be thrown out, six plaintiffs suing over the deadly collapse of an Indiana State Fair stage argue in a lawsuit filed Monday.
IBM adds 175 jobs at Delaware County call center
The new employees are located at the company’s Heartland Business Center in Daleville, where IBM already has about 500 employees.
Steering parts manufacturer plans local expansion
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
Vera Bradley plans to expand distribution center
Handbag and luggage maker Vera Bradley Inc. says it plans to invest $22.5 million to nearly double the size of its Roanoke distribution center in northeastern Indiana, creating up to 124 new jobs by 2015.
Lafayette Square coalition names executive director
Mary Chalmers, a neighborhood liaison for the city, will leave that post to lead the effort to improve the area near 38th Street and Lafayette Road.
Chemical maker Vertellus settles case with feds
The U.S. Drug Enforcement Agency complained that local chemical plant Vertellus Specialties sold a chemical used in making PCP to a suspicious company.
Non-candidates Christie, Daniels loom over presidential race
Governors Chris Christie of New Jersey and Mitch Daniels of Indiana have ruled themselves out of the 2012 race for the White House. Yet both Republicans are keeping themselves in the public eye.
Township board OKs small claims court move
The Center Township Board on Wednesday approved a plan to move the township’s small claims court from the City-County Building to the Julia M. Carson Government Center on Fall Creek Parkway despite a judge’s objections.
Fines from House Dems’ boycott nearly collected
Indiana House records show that more than $100,000 has been collected from the 39 Democrats whose five-week boycott blocked legislative action.
Attorney General agrees to return Durham campaign funds
Indiana Attorney General Greg Zoeller has reached a settlement with the Fair Finance bankruptcy trustee to give back $11,000 in contributions he received from indicted financier Tim Durham.
GAO finds cost estimates for F136 engine outdated
Some members of Congress hope to revive work on the alternate engine for the F-35 Joint Strike Fighter, which Rolls-Royce in Indianapolis worked on for nine years before the project was halted in April.