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DJIA 13,191.6 +100.7 / S&P 500 1,458.1 +11 / NASDAQ 2,545.1 +23.8 | | Tonight: Isolated storms, muggy. Low 75. Thursday: Hot and very tropical. High 95. | |
| Wednesday, August 22, 2007 |
| Lilly fees raise questions about conflict A psychiatrist who advises the state of Minnesota on which drugs to use in Medicaid programs received $488,953 in speaking fees from Indianapolis-based Eli Lilly and Co. over eight years through 2006, according to an Associated Press analysis. The fees, received by John E. Simon, have raised questions about whether Simon was influenced to recommend that Lilly's biopolar disorder and schizophrenia drug Zyprexa be used by Medicaid patients in the state.
Indy 'most affordable' housing market, again For two years in a row, the Indianapolis-Carmel metro area has been the nation's most affordable major housing market, the National Association of Home Builders and Wells Fargo said yesterday. An index shows that 87 percent of new and existing homes sold in the second quarter were affordable to families earning the area's $63,800 median household income. | | | | |
| | Hoosier Park addition for slot machines OK'd Hoosier Park's plan to add 90,000 square feet to its building in Anderson to house 2,000 slot machines has been approved by a city zoning board. The plan would more than double interior space of the pari-mutuel horse track. Dick Donnelly, an Anderson consultant for Hoosier Park, told the Board of Zoning Appeals Aug. 20 that the group would be back in November with more details.
Japanese firm sending Rushville jobs to Mexico Fujitsu Ten Corporation of America plans to stop making automotive electronic controls at its Rushville plant by Nov. 9 and send the work to a sister facility in Reynosa, Mexico. Competitive pressures forced the Japanese company to look elsewhere to control costs, said Human Resources Manager Jim Thomas. About 60 workers will remain in the city southeast of Indianapolis to continue another line of business-distributing Chinese-made radios to General Motors plants in North America.
Dealers at Evansville casino seek to unionize Workers at Casino Aztar filed a petition yesterday with the National Labor Relations Board seeking a union representation election, the United Auto Workers announced. About 180 dealers at the riverboat would be eligible to vote in the election, the union said. Casino Aztar had about 1,200 workers last year, according to the Indiana Gaming Commission.
From IBJ staff and Associated Press--Compiled by Norm Heikens
Officer used too much force, prosecutors say Prosecutors say a police video shows an Indianapolis Metropolitan Police Officer used excessive force while trying to take a 17-year-old boy at this summer's Indiana Black Expo Summer Celebration into custody. The video shows Adam Chappell punching and kicking the boy. Chappell, who has been assigned to administrative duties, faces a misdemeanor charge of battery. Police say the boy was resisting arrest after being suspected of public intoxication, but charges have not been filed.
Girl left on Carmel-Clay bus, driver fired A Carmel-Clay school bus driver has been fired after a 5-year-old was left on a bus for six hours. School officials found the girl on a parked bus at West Clay Elementary School yesterday. Police and school officials are investigating. | | | |
| Fire damages Carmel businesses An overnight fire at 126th Street and Range Line Road in Carmel caused $50,000 in damage to a building that housed A.C. and Co. Hair Design and four other businesses. Firefighters say the fire started outside the store in its electric sign and spread to the building's overhang.
MIBOR's change to MLS name worries some The Metropolitan Indianapolis Board of Realtors has replaced the common real estate phrase, "multiple listing service," or "MLS," with "broker listing cooperative," which will be known as "BLC." MIBOR CEO Steve Sullivan said the name change, which was made about a month ago, is an attempt to make clear who owns the service and who has access to it. Sullivan said the public had a misperception that all of the information in the system was available to the public. But not everyone agrees with the change. | | | | |
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What do you think of the Colts off-season roster moves? Colts President Bill Polian is a master of managing the NFL salary cap, but his strategy sometimes means parting with fan favorites to keep player payrolls in line. Do you think the loss of veteran players this year will hurt the team's chances of defending the championship? |
Largest Indianapolis-Area Retirement Communities Largest Indianapolis-Area Assisted-Living Facilities
Does your office/department ever do any team-building social activities?
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