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Sales tax receipts from the Indiana Department of Revenue showed downtown retail sales for 2009 increased slightly from 2008 while sales in Allen County declined nearly 7 percent, Fort Wayne’s Downtown Improvement District said Tuesday.
Department of Revenue figures showed that consolidated and non-consolidated sales tax receipts for 2009 in the 46802 ZIP code, including the downtown area, were up marginally over 2008 sales. Total sales tax revenue for the area in 2009 was $11,482,280 compared with $11,444,131 in 2008.
Sales tax revenue for all of Allen County in 2009 came in at $152,764,925, down nearly 7 percent from $163,855,285 in 2008.
“Clearly, in a year when good economic news was hard to find, this was a positive result for downtown,” Rich Davis, president of the Downtown Improvement District, said in a news release.
A Fort Wayne trucking firm has consolidated bankruptcies filed last year by four of its subsidiaries, an attorney for the company said.
Elderlite International LLC, 4808 Kroemer Road, consolidated bankruptcies filed last summer by Fischer Trucking Inc., Elderlite Logistics LLC, Richmond Leasing LLC and BFS Leasing LLC, said Daniel J. Skekloff, an attorney for the companies. Elderlite, which employs about 100, is seeking to reorganize $3.6 million in debt under Chapter 11 of the federal bankruptcy code.
Elderlite hopes to file a reorganization plan within a month and to emerge from bankruptcy before the end of summer, Skekloff said.
“The business is doing well,” Skekloff said.
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and global reach, spurned the world’s biggest carrier and opted to keep its alliance with American Airlines.
The Japanese carrier said Tuesday it will strengthen its partnership with American. The two airlines will jointly seek government approval to work together more closely to coordinate schedules on trans-Pacific flights, share revenue and carry each other’s passengers – all moves that can boost profits.
The decision brings to an end a fierce tug of war over Japan’s ailing flagship carrier, which is restructuring under bankruptcy.
Pharmacy giant CVS will pay $1.95 million and verify that all its pharmacists are licensed in Indiana, settling a state complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores, the state attorney general’s office said Tuesday.
Investigators with the agency’s Medicaid Fraud Control Unit alleged CVS had at different times between 1997 and 2007 employed two pharmacists whose licenses had expired at stores in Nashville and Marion.
CVS has agreed to verify through state records that all of its pharmacists have the proper licenses within 90 days of the agreement’s approval, and to perform similar records checks every six months for three years, the attorney general’s office said in a statement.
Woonsocket, R.I.-based CVS issued a statement confirming the agreement and said the two pharmacists were no longer employed with the company.
