After years of pipeline failures, Eli Lilly and Co. is on a bit of a hot streak. This month alone, the Indianapolis-based drugmaker has reported positive results from clinical trials of four experimental drugs.
The former chief financial officer for Ovation Audio-Video Solutions LLC has been arrested and charged with more than 20 counts of theft for allegedly misappropriating about $600,000 in company funds for his own use.
Sysco Corp. called off its planned $3.5 billion takeover of US Foods, it announced Monday, after a federal judge blocked the combination. Both companies have large distribution operations in central Indiana.
Ivy Tech Community College is facing an Aug. 1 deadline to show progress in student success as state officials weigh whether to continue using the college system as a provider for workforce training and education programs.