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 DJIA 13,714.6 -12.4 / S&P 500 1,514 -2 / NASDAQ 2,722.7 +3.8
 |  |  Tonight: Rain late, heavy in spots. Low 34. Wednesday: Morning rain, cloudy and cooler. High 38.
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|  Tuesday, December 11, 2007 |
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Panel calls for sweeping government changes
Indiana should consolidate small school districts, reduce the number of elected local officials and shift power from townships to the counties, a commission studying local government reform said. The Commission on Local Government Reform, headed by former Gov. Joe Kernan and Indiana Supreme Court Chief Justice Randall Shepard, released a report today featuring 27 recommendations. Many of the proposals are contentious, and past efforts to implement similar changes have failed. But supporters hope the money saving recommendations will resonate with lawmakers at a time when rising property taxes is a top issue with voters. Comment at News Talk. 
Purdue takes over production of TB drug
Eli Lilly and Co. has completed shifting exclusive production of a tuberculosis antibiotic to Purdue Research Foundation. The foundation's Chao Center for Industrial Pharmacy & Contract Manufacturing will manufacture and distribute the drug, called Seromycin. Lilly sold the rights for an undisclosed price and donated the manufacturing equipment. Approximately 10,000 Americans are thought to have a form of the disease that is resistant to other antibiotics.
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Baker & Daniels adds energy, climate focus
An Indianapolis law firm is forming a practice group to focus on issues specific to the energy and climatology industry. Baker & Daniels is assembling a team of about 10 attorneys to focus on those issues. The team will have experience in legal areas such as anti-trust, Securities and Exchange Commission, intellectual property and tax law, according to Terry Hall, an attorney who will head the group with a colleague in Washington, D.C.
CompUSA store might close
The CompUSA store in Castleton could close after the holiday season if the new parent company of the Dallas-based chain can't find a buyer. The struggling CompUSA company announced Dec. 7 that it is being acquired by Boston-based investment firm Gordon Brothers Group LLC. Terms of the deal were not disclosed. Gordon plans an "orderly wind-down" of CompUSA's operation of 103 retail stores and CompUSA.com. Stores that are sold could remain open, but most likely will be closed.
Atlanta trying to lure football shrine, report says
Atlanta officials are in "extensive negotiations" to attract the College Football Hall of Fame from its South Bend home to the city's Centennial Olympic Park, the Atlanta Business Chronicle reported late last week. Citing sources close to the negotiations, the newspaper said the talks have not advanced to the point of involving Atlanta Mayor Shirley Franklin. The Hall of Fame is owned by the National Football Foundation, which announced in November 2006 that it would move its headquarters to Dallas from Morristown, N.J.
Steel industry set to replace retiring baby boomers
More than half of steel workers at plants around Lake Michigan could retire in five years, opening up hundreds of jobs, reports The Times of Munster. U.S. Steel Corp.'s plant in Gary, for example, plans to hire 250 hourly workers in each of the next several years, plus nearly 30 salaried employees. Hiring has been on hold for the industry since it underwent sweeping restructurings beginning in the early 1980s. Some baby-boomers who went to work in their late teens are eligible to retire beginning in their late 40s.
Blog: The Value of Controversy?
That liberal firebrand President Dwight D. Eisenhower once said, "As long as artists are at liberty to feel with high personal intensity, as long as our artists are free to create with sincerity and conviction, there will be healthy controversy and progress in art." So, how useful is controversy, and how tolerant is Indy of it? Join the discussion at IBJ's new blog, Lou Harry's A&E.
From IBJ staff and Associated Press-Compiled by Norm Heikens | | | |
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Firefighters respond to several overnight fires
Two children were taken to Wishard Hospital in serious condition after a residence fire in the 3500 block of West 12th Street overnight. Meanwhile, 20 families were displaced after a fire at the Gardens of Greenbriar Apartments near West 86th Street and Ditch Road on the north side. And investigators believe a fireplace left burning early this morning started a chimney fire at a home in the 5300 block of Marmon Circle near Lake Kesslerwood.
Former Pacer cleared in 'basketbrawl' lawsuits
Two lawsuits filed against former Pacers player Ron Artest have been dismissed. Artest was being sued by fans who claimed they were hurt in the famous basketbrawl between the Pacers and the Detroit Pistons in November of 2004. Artest now plays for the Sacramento Kings. |  | | | |
| Environmental groups lose I-69 suit
Construction on the new Interstate 69 extension could now begin as early as next summer. A federal judge yesterday ruled against environmental groups wanting to block development between Evansville and Indianapolis. The lawsuit accused officials of violating federal law and claimed the route selection process was rigged to ensure the state's preferred route won.
Clarian startups perk up
As Clarian Health looks to build a hospital in Fishers, its two other suburban hospitals are making money.
Historical Society ready for new era
A planned $24 million makeover at the Indiana Historical Society will emphasize ever-changing, visitor-friendly attractions.
Putting the pieces together
Fundex Games is experimenting with the burgeoning mobile-game market while keeping one foot firmly planted in its mix of traditional games and toys.
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