Monday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Monday’s business headlines.
Eli Lilly
Eli Lilly got clearance from U.S. regulators for a new migraine drug.
It’s the third in a promising class of therapies for patients who suffer from the recurrent, painful headaches.
Lilly said it will offer the drug at no cost for a year to millions of patients with commercial insurance.
Fidelity
Old school financial firm Fidelity is betting on the future with artificial intelligence, block chain and virtual reality.
It’s serious enough about the high tech investments to recruit top talent from Google, Facebook and others.
Fidelity thinks it could use technology to reduce student debt and lower fees.
Hackers have gained access to nearly 50 million Facebook users’ accounts.
It’s the largest breach in the company’s history.
To find out if you were affected, log out and out of your account and then log back in and there will be a banner at the top with a link to check.
Home prices
New analysis shows that home prices fall after a school shooting.
The University of Illinois found house prices within the affected school districts fall by an average of 7.8 percent and the effects last for five years.
On the border of the school district they found the differences even starker. Homes inside the border fell by an astonishing 13 percent.