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Lilly reorganization to cut 5,500 positions over 2 years

Eli Lilly and Co. will cut 5,500 jobs by the end of 2011 as it tries to cut $1 billion in expenses before it loses revenue
from its bestselling drug, Zyprexa. Lilly CEO John Lechleiter said he did not know how many of those cuts would occur in central
Indiana. But with
13,600 employees working in the Indianapolis area, he acknowledged the largest chunk of reductions likely would come here.

You-review-it Monday

Were you Penroding? Catch the Ballet benefit? Visit a festival? Chime in with your thoughts.

Symphony musicians reject contract offer

Indianapolis Symphony Orchestra musicians and librarians unanimously rejected a new contract offer, suggesting they might
not easily accept the same deep pay cuts seen at major orchestras around the country.

United Way scales back fund-raising goal

United Way of Central Indiana recently announced a fund-raising goal of $39 million. That’s less than the goal of
$40 million set last year, when fund raising fell short, ending at $38.8 million.

Study weakens Lilly’s fight against price controls

Eli Lilly and Co. and its peers might be back in Congress’ sights as lawmakers hunt for more ways to cut health care
costs. A new study in the influential Health Affairs journal concludes that European drugmakers operating
in markets with pharmaceutical price controls have produced proportionally more innovations than their U.S. counterparts.

Governor defends Asia trip as necessary

Indiana Gov. Mitch Daniels says his 12-day privately-funded trip to China and Japan is necessary to help attract business
to the state and is dismissing criticism of it from a top state legislator.

On the hook for bariatric surgery

An Indiana Court of Appeals ruling favoring an obese employee is likely to make employers think twice about hiring
overweight people.

Music Mill to reopen again under new owner

The Music Mill, a local concert venue, restaurant and bar that has been closed down twice this year by different operators,
has new life. Local entrepreneur Ravi Chopra, 44, who owns the 6 Lounge & Restaurant downtown, announced last
night that he has purchased the Music Mill and plans to reopen it Oct. 12.

Civic Theatre considering move to Carmel

Indianapolis Civic Theatre, one of the city’s oldest and largest cultural organizations, is considering a move to Carmel’s
new performing arts center. Civic informed its current host, Marian University, yesterday of pending negotiations with the
Carmel Performing Arts Foundation.

Museum of Art hires chief operating officer

The Indianapolis Museum of Art announced this week that it has hired a veteran of the New York City arts community to fill
its chief operating officer position.

Policyholders could pay more under Obama health plan

If President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from
denying coverage — some analysts say individuals could wind up paying higher premiums.

Daniels seeks federal disaster aid for 14 counties

Gov. Mitch Daniels is asking President Barack Obama to approve federal disaster aid for 14 central and southern Indiana counties that were damaged by heavy rains, high winds and flooding Aug. 4-5.

Daniels expresses concern about health care proposals

Indiana Gov. Mitch Daniels outlined his concerns about some of the health care proposals being debated in Congress in a letter
sent to the state’s congressional delegation and released by his office yesterday.