Business, Economy and Consumer Affairs

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Indianapolis-based Eli Lilly has been dealt another blow by the U.S. Food and Drug Administration, which failed to approve a newly-developed treatment for rheumatoid arthritis.

In what is referred to as a “complete response letter,” The FDA stated it wants Lilly to supply more data to clarify safes dosage levels and put certain safety concerns to rest.

Sarah Fentem / WBAA

Last week, electronics and appliance retailer HHGregg announced it was shutting down all its stores, including one in Lafayette. It’s one of several large retailers leaving the area, and experts say filling those spaces could be difficult in a rapidly-changing retail climate.

Dozens of families are still living in East Chicago’s lead-contaminated West Calumet Housing Complex, a week after the city had wanted everyone moved out.

In late March, the East Chicago Housing Authority assigned remaining West Calumet residents to temporary public housing units elsewhere in the city, as well as in Gary and Chicago.

President Donald Trump is touting a new survey from the National Association of Manufacturers that shows record optimism among American factory owners – a rosier picture than a similar Indiana survey painted last fall.

Indiana legislative leaders aren’t certain they’ll resolve a cold beer sales controversy this session.

Two Ricker’s convenience stores, using a legal loophole, recently secured the ability to sell cold beer. That was a right reserved solely for liquor stores and restaurants.

The Indiana Economic Development Corporation has approved $7 million in tax incentives for the Carrier company to keep about a thousand jobs in Indianapolis.

 

Rural homeowners in Bartholomew County say a big, nearby hog farm – a concentrated animal feeding operation, or CAFO – is hurting their property values.

The county denied their bid to lower the CAFO neighbors’ property taxes, and argued the issue is too complex to codify, while residents say officials are just worried about politics and money.

Sarah Fentem / WBAA

West Lafayette city councilors may be at odds with some of the city’s landlords on the issue of building several new high-rise apartment buildings in the city’s new downtown.

The latest development, a 16-story building slated for the top of West Lafayette’s Chauncey Hill, won’t be the tallest building in the community—that title still belongs to the county courthouse dome. However, it is tall enough to test Federal Aviation Administration rules for building height, because its roof will rise to a higher elevation than any other building.

A coalition of Indiana businesses opposes a federal proposal to place a 20 percent tax on imported goods.

The border adjustment tax would make exporting American goods cheaper and importing products more expensive. Some small businesses and their supporters oppose it, and Hoosier members of a national coalition, Americans for Affordable Products, held a press conference at the Statehouse Wednesday.

Indiana Retail Council President Grant Monahan says Indiana’s congressional delegation should vote against the tax.

Huntington UTEC Employees Feel Forgotten

Mar 15, 2017
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Courtesy/Jenni Lobdell

Layoffs have now started at the United Technologies Electronic Control factory, or UTEC, in Huntington, Indiana. Although its parent company United Technologies announced more than a year ago that UTEC and its sister company Carrier would move to Mexico, the first round of layoffs just started last Friday, according to a company spokesperson.

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