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Business inventories fall for 12th straight month

Businesses reduced inventories at the wholesale level for a record 12th consecutive month in August, although in an encouraging
sign, sales jumped by the largest amount in 14 months.

Many retailers report September sales declines

Early September reports from retailers show sales are still falling for many amid worries about jobs and tight credit, but
many of the results came in better than expected.

Steady as he goes at Purdue’s Krannert School

As Rick Cosier’s tenure as dean of Purdue University’s MBA program nears an end, expect the program to continue turning
out top "Quant Jock" operations managers–people who relentlessly figure out how to manufacture
things better and cheaper.

Maine protest targets Anthem’s rate-hike appeal

Demonstrators on Wednesday backed Maine’s insurance superintendent for rejecting a request from the state’s largest private health insurer seeking an 18-percent rate hike for its individual insurance plans.

Dow AgroSciences ratcheting up biotech efforts

Dow AgroSciences’ introduction of a promising new product is helping transform the Indianapolis company as it transitions
from a focus on traditional agricultural chemicals to genetically altered seeds. The subsidiary of Michigan-based Dow Chemical
Co. partnered with St. Louis-based Monsanto Co. to develop what could become its biggest blockbuster, a genetically modified
corn variety it calls SmartStax.

Controversial downtown project to get tax abatement

The Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.

Lilly settles Zyprexa suit with S. Carolina

Eli Lilly and Co. has agreed to settle the State of South Carolina’s lawsuit that claimed Lilly improperly marketed the antipsychotic
drug Zyprexa, according to Bloomberg News.

Dow AgroSciences and the Holy Grail

Dow AgroSciences could boost its market share in genetically altered corn almost overnight by inventing a perennial corn.
But investors might not have the patience.

Symphony musicians, management take big pay cuts

Indianapolis Symphony Orchestra musicians will take a 12-percent pay cut this year, saving the cash-strapped organization
$4 million. Management-side salary reductions should save another $2 million.

IU: Indiana economy turned in March

The Indiana economy turned up in March, but the recovery has been slow and dogged. That’s the picture painted by a new
monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.

Fever exec ‘confident’ about team’s future

As the Indiana Fever try to win their first WNBA championship, an executive with the team’s parent organization
is
optimistic the women’s basketball squad will remain in Indianapolis.