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Lilly CEO takes critical stance against Indiana economy

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Lilly CEO takes critical stance against Indiana economy


Reporting by Richard Essex, Garrett Bergquist, Katiera Winfrey and Mary Gillis.

INDIANAPOLIS (WISH) — The CEO of Eli Lilly and Co., one in all Indiana’s largest employers, on Thursday was essential of the state’s efforts to handle the well being and training degree of Hoosiers in what’s going to more and more be an economic system pushed by concepts, not simply by placing issues collectively.

David Ricks, Lilly’s chief government officer and chairman, shared his ideas at a luncheon speech in entrance of The Financial Membership of Indiana. He says Indiana is lower than the problem of the brand new economic system. He cites nationwide knowledge that exhibits Indiana does nicely in the price of dwelling, the price of doing enterprise and the enterprise local weather, however the state’s liabilities are dragging down Hoosiers. 

“Our training attainment within the state shouldn’t be good. The power to reskill the workforce, I believe, may enhance. Well being, life and inclusion, general, I believe, situations rank poorly nationally in our state. And likewise workforce preparedness, additionally associated to reskilling, is a legal responsibility for us,” Ricks mentioned.

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The Lilly CEO says near a 3rd of conventional jobs will probably be changed within the subsequent decade in favor of positions heavy on math and science, which is essential to Lilly’s core enterprise. Based on his knowledge, solely a 3rd of Indiana highschool college students go the state’s standardized math check, and solely 20% go on to earn a bachelor’s diploma.

“Hoosiers right now have comparatively low efficiency on nationwide metrics of training,” Ricks mentioned.

High quality of life, or the standard of a wholesome workforce, was one other one in all his issues. He says Indiana’s well being care prices are too excessive, greater than surrounding states. Too many individuals are utilizing the accessible assets, which the Lilly CEO says doesn’t make Indiana enticing to potential employers.  

Ricks mentioned, “Who funds this? Corporations fund this. We have to handle this to draw extra business to our neighborhood right here.”

He additionally says we should embody everybody. “Definitely outcomes on all of those dimensions for Black and brown communities are worse and we must always do one thing to have an effect on that. One of many main issues companies can do is provide good employment”  

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Requested if Ricks’ issues are legitimate, Kyle Anderson of the Indiana College Kelley College of Enterprise famous that Indianapolis was within the listing when Amazon was in search of a second headquarters, however the enterprise handed. “Shouldn’t be clear that was immediately associated to any single problem, however we all know that large headquarters tasks haven’t been right here largely due to availability of a talented workforce.”

Lilly leaders has not indicated they’d transfer the headquarters out of Indianapolis, however the firm has invested billions within the final two years in analysis and manufacturing services in North Carolina, Boston and Eire. 

Indiana’s Republican management on Thursday say they already are engaged on lots of the points Ricks talked about to the Financial Membership.

Gov. Eric Holcomb says extra work must be executed, notably on the training entrance, however Republican’s pro-business insurance policies have yielded extra jobs bulletins. On Thursday, the governor touted pharmaceutical producer Catalent’s choice so as to add about 1,000 new jobs to its Bloomington facility. Additionally on Thursday, he reduce the ribbon on Intelinair’s new headquarters close to Meridian Hills in Indianapolis.

“For those who have a look at what we’re attracting to the state of Indiana, we’re knocking the duvet off of the ball,” the Republican governor mentioned. “What we do want is extra expertise and particular kinds of expertise.”

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Republican leaders within the Normal Meeting, the place Indiana’s training and well being insurance policies are finally funded, echoed the governor’s remarks. In a press release, Rodric Bray, the state Senate president professional tem, pointed to legislative stress on Indiana’s main well being care suppliers to carry down affected person prices. Bray, from Martinsville, and Home Speaker Todd Huston, from Fishers, says lawmakers are engaged on enhancing training outcomes.

Home Minority Chief Phil GiaQuinta, of Fort Wayne, says Ricks’ feedback didn’t shock him. He says the insurance policies pursued by Republicans since they regained management of the legislature in 2011 have worsened lots of the issues Ricks highlighted. GiaQuinta says specializing in tradition battle laws received’t assist appeal to companies both.

“It’s a horrible state of affairs after they’re going to North Carolina and Boston, Massachusetts, for his or her investments as a result of they see see these states have executed a greater job, I consider, than we have now, in relation to investing of their inhabitants,” he mentioned.

State of variety, fairness, inclusion in Indiana

Information 8 spoke to Michal Twyman of InExcelsis consulting agency, and he says it’s laborious to say if Indiana falls quick on the inclusion of minorities and immigrants as a result of the state doesn’t have knowledge displaying the place we began. What we will do is evaluate ourselves to different communities or different states, he says.

Twyman says the consulting work he does facilities on variety, fairness and inclusion, however has a particular emphasis on racial fairness. He says advancing variety, fairness and inclusion work usually depends upon the native political surroundings, though it might appear to be there’s a been a rush to develop variety, fairness and inclusion work since George Floyd’s demise.

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He notes that some firms have a historical past of implementing variety, fairness and inclusion measures from 20 to 25 years in the past.

Alongside the numerous smaller businesses implementing variety, fairness and inclusion work, it might be extra extensively observed when Hoosiers see fairness insurance policies added within the governor’s workplace, the native police division, sports activities groups and different entities.

“It’s not simply ok to make a press release, but it surely’s not simply ok to have extra folks of coloration inside your group, or to have a variety fairness and inclusion officer, and say our work is finished right here,” Twyman mentioned. “It truly is about mobilizing assets, sustaining the work over time and actually with the ability to proof that you just’re dedicated past the statements.”

Points in Indiana’s quest for inexpensive well being care

For years, the prices of well being care have been hovering, which makes common therapy almost unattainable for a lot of teams.

Information 8 spoke with Tony Gillespie, vp for public coverage and engagement with the Indiana Minority Well being Coalition. He is aware of how troublesome it may be for minorities to get even essentially the most primary medical care.

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“I believe an enormous problem that Indiana faces is that, as a state, we don’t spend money on well being care,” he mentioned. “The vast majority of the assets are on the federal degree, and that’s one thing that’s been a problem for some time. Till that begins to vary, we’re going to seek out ourselves in the identical locations.”

Lack of preventative take care of hypertension, coronary heart illness, diabetes and different power points results in missed time at work, which Gillespie says results in bother getting and holding a job.

Geography additionally is usually a main issue. Folks dwelling in rural areas of Indiana can have restricted choices, which makes for one more barrier to annual check-ups and coverings.

“It actually comes right down to us transferring in live performance as a state,” Gillespie mentioned. “It can by no means occur with only one or two businesses to try to handle it. That’s the place the coverage piece is available in and the general public coverage makers and legislatures.”

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Indiana

Quenton Jackson re-signs with Indiana Pacers on a two-way contract

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Quenton Jackson re-signs with Indiana Pacers on a two-way contract


According to the NBA’s official transaction log, the Indiana Pacers re-signed guard Quenton Jackson to a two-way contract.

Jackson finished the 2023-24 season on a two-way deal with Indiana, and he played in three games for the Pacers after being signed in March. He averaged 0.7 points, 1.3 rebounds, and 0.7 assists per game.

More of his appearances with the franchise came in the G League with the Indiana Mad Ants. He was only with the club for a month, but he led the team in scoring at 22.3 points per game while adding 4.8 rebounds and 5.3 assists per outing. His ability to get to the rim and finish is impressive — he shot 55.6% from the field despite being just okay as a three-point shooter.

Because he popped somewhat, the blue and gold sent him a qualifying offer in June, which made him a restricted free agent. The Pacers had the chance to match offers from other teams, and Jackson could have signed that offer at any time.

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On Friday, he re-signed with the Pacers on a two-way deal. Indiana had all three of its two-way slots open prior to the agreement, and they still have a pair available.

A two-way deal will make it easy for Jackson to split time between the Pacers and Mad Ants, should he remain on the contract. He just finished playing in summer league for Indiana, where he averaged 11 points and 4.2 assists per game.

The Pacers now have 16 players under contract including standard deals and two-way agreements.



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Tristen Newton struggles during summer league for Indiana Pacers, but should be able to be better in the future

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Tristen Newton struggles during summer league for Indiana Pacers, but should be able to be better in the future


LAS VEGAS — Tristen Newton had simple hopes for his first summer league: he wanted to leave an impression.

The rookie guard, who was drafted 49th overall by the Indiana Pacers in the 2024 NBA Draft, showed a little bit of everything during his college days. At UConn, where he won two national titles, he was a capable rebounder, strong passer, and effective scorer. At his best, he knocked down threes.

There was prevalent thinking that a player like him could be effective during summer league. And yet, despite his wide-ranging talent in college, it was actually totally different skills that popped for Newton during the tune-up games: his ability to draw fouls.

Newton took 28 free throws in Las Vegas, which topped the Pacers by far. Nobody else on the roster even reached 20. He was one of just two players to average more than 5.5 free throw attempts per game in under 22 minutes per night (Moses Brown of the LA Lakers was the other).

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Indiana’s rookie point guard finished summer league with a free throw rate of 70%, far better than his collegiate figure of 46.9%. He made 89.3% of those foul shots, which kept his efficiency afloat.

Newton’s game stood out in that way. His second-best skill was his passing in traffic — he averaged 4.6 assists per game, good for second on the team, and quite a few of them came in tight spaces. As a point guard, that skill will be important.

“Tristen Newton, tremendous [growth] from game one to game five,” Pacers summer league head coach Jannero Pargo said. “Understanding our offense more, playing more confident. Being able to call plays and run our sets and be more comfortable out there.”

Unfortunately for Newton, some of his other skills from his NCAA days didn’t translate to the Vegas heat. In particular, his shot making was a disaster, and that held down his effectiveness.

The rookie guard shot 8/40 from the field across his five games, good for just 20%. He was 4/22 from long range (18.2%) and a not-much-better 4/18 (22.2%) on two-point looks. Shot distance and location didn’t matter — Newton struggled.

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Taking 22 threes in five games in solid, and volume transfers more often from summer league than percentage. That’s the bright side for the young guard. But those field goals did not drop, and his ability to create good looks inside the arc didn’t pop.

Newton did grab 3.8 rebounds per game, a fine number for a guard, but he also had 2.8 turnovers per night. At times, he looked rushed and gave up the ball too quickly. He didn’t get all the way to the rim on his drives.

In those ways, Newton needed to be better. His defense was fine enough and he got his hands on a few steals, but the disappointing play finishing really hindered his effectiveness during summer league.

The Pacers liked that Newton was a more established player when they selected him in the draft. His play during summer league shouldn’t deter that thinking — if anything, the context around his summer outings should provide important perspective.

Newton played for a UConn team in 2022-23 that got up threes and had multiple players capable of setting the table for others. He performed well, and the team was great. In the following season, the Huskies dramatically changed their play style. There were fewer outside shots, and Newton’s playmaking burden grew.

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He was extremely effective in both systems, which is why he was an All-Big East player and consensus All-American. He can adapt to any team when he gets time within a style and with a coaching staff.

In summer league, there is no time. Newton still hadn’t been drafted one month ago today. He went through a minicamp that was less than a week long, then was thrown into action. It didn’t always look great, though there were successes.

His free throw rate was extremely encouraging, but the shots didn’t fall. His rebounding was effective, yet the turnovers were concerning. Overall, the lack of shot making made the experience a negative.

But it is still reasonable to believe that Newton can be a capable do-it-all floor general when given time and space to figure out how his shots will come and what his teammates do well. He did it twice at UConn, and he can do it again in the NBA. He very quickly left an impression on his new teammates.

“Trsiten and Johnny [Furphy] are great guys,” Pacers rookie forward Enrique Freeman said. Newton didn’t get off to an awesome start, but he should have little trouble being more effective in future settings.

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Pierogis not the only star of Pierogi Fest in Whiting, Indiana

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Pierogis not the only star of Pierogi Fest in Whiting, Indiana


Pierogis not the only star of Pierogi Fest in Whiting, Indiana – CBS Chicago

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The wackiest festival in America returned to Whiting, Indiana this weekend for its 30th anniversary.

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