Articles

Indiana couple accuses Bank of America of racketeering

Dwayne Ransom Davis and Melisa Davis accuse the lender of using “robo-signers,” people who sign affidavits attesting to facts underlying foreclosures without actual knowledge of those facts, to push through paperwork to take their home in Knightstown.

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Irsay: NFL owners, players ‘have to find a solution’

National Football League owners are looking for ways to reach a new labor deal with players and preparing for what happens if those efforts don’t succeed. A strike or lockout could affect Indianapolis’ plans to host the 2012 Super Bowl.

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Drugmakers’ ‘doughnut hole’ deal to shave sales

Drugmakers including Pfizer Inc., AstraZeneca, Bristol-Myers Squibb Co. and Eli Lilly and Co. may provide more than $2 billion in drug discounts to senior citizens next year under a deal pharmaceutical companies made with the White House.

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REITs use stock sales to grow after paying debt

U.S. real estate investment trusts, including Indianapolis-based Duke Realty Corp., are selling shares to fund property acquisitions after using record cash from equity offerings last year to reduce debt and cover dividends.

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Lilly wins appeal in Zyprexa case

An appeals court overturned a ruling from two years ago that granted class-action status to plaintiffs who alleged improper marketing of the schizophrenia drug.

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Lilly wins reversal of class action in Zyprexa suit

A U.S. appeals court in New York threw out a September 2008 ruling that said plaintiffs could pursue as a group claims that Zyprexa marketing caused them to pay more for the drug than what it was worth. The plaintiffs were seeking $6.8 billion in damages.

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Lilly investing up to $150M in VC funds

The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.

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Colts favored to win Super Bowl by Vegas oddsmakers

The Colts enter the regular season with 13-2 odds of capturing their second National Football League title in five years, according to Las Vegas Sports Consultants, which advises Nevada’s sports books on betting lines.

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