Commuter service decision could come today

DJIA 13,317.8 -61.1 / S&P 500 1,468.6 -10.8 / NASDAQ 2,558.5 -18.2 Tonight: Clear and comfortable. Low 67. Tuesday: Sunny and hotter. High 91.
	Monday, August 27, 2007
	Commuter service decision could come today The Evansville-Vanderburgh Airport Authority Board plans to meet today to consider whether to approve commuter flights between Evansville and Indianapolis. Massachusetts-based Cape Air would launch five flights a day in nine-passenger Cessna 402 aircraft, according to the Evansville Courier & Press. The South Bend Tribune reported last week that South Bend Regional Airport would see five flights a day, as well.     Lilly opens spigot to Minnesota psychiatrists Indianapolis-based Eli Lilly and Co. paid more money-$11 million-to Minnesota doctors, nurses and medical foundations than any other drug company between 2002 and 2004, according to the Pioneer Press of St. Paul, Minn. The report is based on Minnesota's strict disclosure law. The newspaper did not detail who received Lilly's payments, but said one in three psychiatrists were paid by drug-makers.
	Performance of Anderson consultant questioned Anderson at-large city councilman Rick Muir is questioning the $144,000 salary of the city's marketing consultant, Greg Winkler, according to the Herald Bulletin . Since being hired in 2004, Winkler has helped bring 119 of the roughly 400 jobs employers have said they'd add to the area. Muir last week told the city council that that number was not enough given Winkler's salary, but refused to say how many would be enough. Winkler countered that it takes a long time to complete the process of bringing a new business to Anderson. Bad credit biggest risk to economy, group warns Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported today. Borrowers' withering ability to pay their bills and the subsequent fallout in the credit markets this summer topped the list of short-term risks on peoples' minds, according to a National Association of Business Economics survey of 258 members. The Washington-based association said 32 percent of its surveyed members cited loan defaults and excessive debt as their biggest near-term concern.     HD Supply sale to go through at cut rate The Home Depot Inc.'s board yesterday agreed to slash the sale price for its wholesale business by 18 percent, to $8.5 billion, a sign that disarray in credit markets is taking the momentum out of the private equity buyout boom. Home Depot in June had agreed to sell the business for $10.3 billion to private equity investors, including Bain Capital Partners, Carlyle Group and Clayton Dubilier & Rice. HD Supply, which does $12 billion a year in sales, has several units with a presence in Indiana.   From IBJ staff and Associated Press-Compiled by Norm Heikens Panel mulls property tax repeal A panel of lawmakers this afternoon is scheduled to hear testimony at the Statehouse on the possible repeal of state property taxes. Separately, Mayor Bart Peterson has proposed easing property taxes by cutting $13 million from the budget and tapping the state's $1 billion surplus. Solutions to the tax crisis also will be discussed at a City-County Council hearing late this afternoon. Green Flag could drop on 'Speed Zone' The Speedway town council is expected to weigh in on the "Speed Zone" redevelopment proposal during tonight's council meeting. The plan to transform the area surrounding Indianapolis Motor Speedway into a year-round attraction cleared the redevelopment commission in a 4-0 vote earlier this month. Some area residents are afraid the project puts their property at risk.
	Alcohol could be factor in fatal crash Police believe alcohol may have factored into a deadly single-car accident early this morning at 121st Street and Cumberland Road in Fishers. Officers say Jeremiah Wilson, 25, Danville, was ejected from his vehicle after it careened off the road. Two passengers were injured.   $314 million Powerball ticket sold in east Indiana Lottery officials say the winning ticket for Saturday's $314 million Powerball drawing was sold at a Speedway store in Richmond. No one has yet claimed the prize. The winning numbers are 2, 8, 23, 29, 35 and the Powerball is 19. Pan Am deal dies Fallout from the subprime mortgage fiasco has scuttled a developer's plans to acquire Pan Am Plaza.
	College program tripped up by probe The New York attorney general is investigating whether the Institute for Study Abroad at Butler University- an obscure not-for-profit that organizes trips for college students nationwide-offered universities perks to become their preferred provider.   Providing another way Lesser-known charity alliances are seeking to collect contributions in the workplace, encroaching on the United Way's territory.   Who's greedier, the Big 10 or the cable companies that don't want to carry the conference's new sports network? The new Big 10 Network hasn't been picked up by local cable systems, meaning fans might miss games and university athletic directors could be out millions of dollars. Who's to blame, the conference or cable TV companies?  | Does your office/department ever do any team-building social activities?       Indianapolis Business Journal is in-depth coverage of local business news, brought to by IBJ's award winning editorial team.     n 52 weekly issues plus annual Book of Lists (valued at $35.00) n News, people, analysis and trends of the business community n More than 30 special interest publications n And much, much more     Click HERE for Bonus Subscription Offer
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