Just as an Indiana company goes through the nationâ??s first initial public offering in months, its executives ratchet up their plans to move the headquarters out of state. Mead Johnson, the Evansville baby formula maker, staged a successful IPO...

WellPoint unwittingly made an interesting point this morning when it announced it expects to save $24 million by laying off 600 workers. Those 600 workers in affect are being valued at about half the $47.5 million in total compensation...

How can it be that Circuit City is bankrupt and HHGregg is still going strong? Both companies sell electronics to consumers, though Gregg also deals in appliances. Part of the reason may be found in how they treat their sales staffs. Circuit...

Times are tough enough that more people are beginning to switch to generic drugs to save money. Insurers like Indianapolis-based WellPoint are playing a role, too, by pushing policy holders toward generics. People also are splitting pills...

Three activist groups dropped off a wallet and handbag crammed with play money at WellPointâ??s front door this week to protest what the groups say are outrageous salaries pulled down by company executives. The groups â?? Health Care for America Now,...

Barack Obama is expected to announce his vice presidential running mate any day now, and Evan Bayhâ??s name is still thought to be on the short list. The Indiana senator is viewed as a moderate who would counter Obamaâ??s liberal voting...

Eli Lilly and Co. settled its racial discrimination lawsuit yesterday for $64,000, ending a claim by an employee who alleged the company fired her because she was disfigured through exposure to a blood pathogen. The Equal Employment Opportunity Commission...

Weâ??re increasingly bombarded with ads for health care products ranging from drugs for osteoporosis and restless leg syndrome to knee replacements. Zimmer went over the heads of doctors when it advertised its knee replacements designed specifically for women, and...

Emmis Communications chief Jeff Smulyan today was more positive about the companyâ??s fiscal fourth-quarter performance than heâ??s been about an earnings report in a long time. Revenue at its U.S. radio stations, which have been dogged by an industry...

Some local Starbucks workers are looking like they tangle with cats. Theyâ??ve taken to putting bandages over piercings to meet the letter of Starbucksâ?? dress code, which minimizes the number of earrings and other piercings visible to customers. Band-Aids beat the hassle...

Conseco has dropped off the Fortune 500, leaving WellPoint, Lilly, Cummins and NiSource as the only Indiana companies remaining. Several Indiana firms are closing in on the elite list, though. One is Steel Dynamics, the Fort Wayne company that recycles scrap metal....

CALPERS, the big pension fund, doesnâ??t want Eli Lilly and Co.â??s new CEO, John Lechleiter, to be voted onto the board at Lillyâ??s annual meeting on Monday. Lechleiter was a high-level player within Lilly in recent years while the...

Analysts say the Delta-Northwest merger is good for the companies and the profit-starved industry. That means ticket prices probably will climb. Both airlines serve Indianapolis. What do you think the merger will mean for local travelers?...

Fresh & Easy Neighborhood Market, the grocery chain owned by U.K.-based retailing giant Tesco, has put the brakes on the U.S. invasion it launched on the West Coast last year, but still claims it has designs on plastering the U.S....

As postmortems fly on ATAâ??s second, and final, nosedive into bankruptcy, another Indianapolis airline is doing a lot better and getting hardly any attention. Republic Airways Holdings Inc. isnâ??t a household name because it quietly flies regional routes on...

Barring a small miracle, ATA Airlines is dead, now that itâ??s lost a major military contract. The carrier was headquartered in Indianapolis until it moved to the Atlanta area late last year. How big a blow would ATAâ??s demise be...