05.17.2012
IPS says it must cut $27 million from budget
The proposed cuts represent about 5 percent of Indianapolis Public Schools' current budget. IPS Superintendent Eugene White will detail his spending-reduction plan on May 24 at the IPS’ central office building.
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05.17.2012
Chamber to merge with economic development groups
The Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
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05.17.2012
Signature Inns founder plans auto-care franchises
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
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05.17.2012
Good cholesterol may not lower heart risk, study suggests
Raising good cholesterol, a goal pursued by Eli Lilly and Co. as the next milestone in cardiac care, may not cut heart-attack risk, says a study that challenges the development of drugs that may someday generate billions of dollars in sales.
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05.17.2012
New warehouse ends drought of spec industrial development
Construction on the 794,608-square-foot warehouse will begin in the next two weeks in the AmeriPlex Business Park, officials of Atlanta-based developer Industrial Developments International said. They hope to complete construction in December.
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05.17.2012
Bloomington greeting card company closing plant
Sunrise Greetings said it will move operations by the end of the year to the Kansas City, Mo., headquarters of parent Hallmark Cards Inc., resulting in the loss of 93 jobs.
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05.17.2012
U.S. losing drug-research jobs to other countries
Eli Lilly and other big pharmaceutical companies are creating thousands of research jobs overseas as countries led by Singapore, Ireland and South Africa boost incentives.
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