Articles

Honda reworking Civic in plan to boost sales

Honda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.

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Is China headed for ‘soft-landing slowdown’

An oasis of growth for some Hoosier manufacturers, China’s economy is headed for a slowdown. That affects both Indiana companies that have outposts in China, and the firms that export to the Asian powerhouse.

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Transit plan may boost real estate investment

A proposed $1.3 billion transit system might bring redevelopment to urban neighborhoods. Yet transit proponents have surprisingly little to say about how much the system could generate in new real estate investment.

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Endocyte shares plunge on clinical trial results

Shares of Endocyte Inc. plummeted more than 60 percent Tuesday morning after clinical trial results showed the company’s experimental ovarian cancer drug led to shorter survival times than treatment with a standard cancer drug.

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Mayors back transit tax hike in Marion, Hamilton counties

Indianapolis Mayor Greg Ballard, Carmel Mayor Jim Brainard say more local transit options are needed despite the steep cost. A ballot referendum would be required so voters could consider a 0.3-percent income-tax increase to pay for a $1.3 billion project.

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Carmel also likely competing for CME Group

A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.

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