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State seeks at least $6.5M for 19-acre site

The Indiana Finance Authority said Thursday it plans to auction off a vacant 19-acre development parcel between the White
River and Fall Creek near downtown Indianapolis.

Notes from the blogroll

"Carol" in Chicago with familiar faces, artists take on graffiti in Boston, and I strike out on this year’s National Book Awards.

Social Security makes it official: No raise in 2010

There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without
a raise since automatic adjustments were adopted in 1975.

Power Breakfast panel debates health care reform

As health care legislation
continues to wend its way through Congress, Indianapolis-area industry leaders still harbor strong
opinions about the issue. Five industry insiders discussed how to improve the health care system during
IBJ’s Power Breakfast Sept. 25 at the Westin Indianapolis.

Progress stalls on national, state math scores

Indiana’s students outscored the national average in mathematics on the 2009 National Assessment of Educational Progress,
but the results show little improvement over previous years.

Fishers water park developer hopeful despite setback

The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the
latest setback delaying the start of construction by at least two years.

Tougher smoking ban passes committee

An ordinance that would prohibit lighting up in bars, bowling alleys and nightclubs, and nearby outdoor seating areas as well, was endorsed 4-2 by a City-County Council committee Wednesday night.

Purdue gets $1M for plant-climate research

The U.S. Department of Agriculture has given Purdue University a nearly $1 million grant to study ways that genomics can be
used to enhance the value of certain plants while making them more resilient to climate stress.

German company to buy Eli Lilly’s Lafayette plant

Eli Lilly and Co. will sell its manufacturing plant in Lafayette to a German company in its first major move toward reducing its work force by 5,500 employees and cutting its operating expenses by $1 billion.

Lilly to pay Idaho $13M in drug settlement

Idaho is getting $13 million as part of a settlement reached with Indianapolis-based Eli Lilly and Co. over its marketing of
anti-psychotic drug Zyprexa.

Conseco shares soar on hedge-fund investment

Shares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.