Drug industry analysts on Monday applauded Eli Lilly and Co.’s pending $8 billion cash deal to buy a startup that focuses on oncology, which has become a prime focus for the pharma giant in the last year.
President Donald Trump is expected to headline a rally Friday in a Marion County high school gymnasium. He also plans an appearance in Fort Wayne on Nov. 5.
Mattress Firm’s initial round of closures will include at least one store in Indianapolis and two others elsewhere in Indiana.
The e-commerce giant hopes to make another incursion into the physical world of the consumer experience by acquiring Landmark Theaters.
Had the deal gone through, it would have reshaped the Indianapolis television landscape. Chicago-based Tribune owns WTTV-TV Channel 4 and WXIN-TV Channel 59.
It’s the latest legal challenge over a change in policy that Indianapolis-based Anthem says was designed to cut down on patients going to an emergency room in situations that don’t require it.
One of the largest regional pain management groups is closing more than half of its clinics amid worsening financial troubles and a federal criminal investigation that targeted its former chief executive.
The Indianapolis pharmaceutical giant is evaluating whether to keep the division, which makes animal-health products, or sell it or take it public. An analyst said it might fetch $16 billion.
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
The world’s largest toy chain is planning to close about 180 Toys “R” Us and Babies “R” Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.
Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected to cost more than $5 billion and create 50,000 jobs.
As it adds the Ascent SUV to its roster, the Subaru of Indiana Automotive plant in Lafayette plans to boost its already enormous workforce by as many as 200 employees by the end of 2018.
State economic development officials won’t comment on whether they plan to submit a proposal for the $5 billion development, but a local site-selection expert said pursuing Amazon is “too good of an opportunity” for the state to pass up.
The slump marks a sharp turnaround in the egg business. In 2015, an avian influenza outbreak forced farmers to destroy millions of birds and prices skyrocketed.
A set of consolidated lawsuits accuse AbbVie and other makers of testosterone-replacement medicines, including Eli Lilly and Co., of hiding or downplaying their products’ risk for blood clots or other serious injuries.
State Farm Mutual Automobile Insurance Co. said it plans to shut down 11 U.S. facilities, including its operations centers in Indianapolis and West Lafayette, displacing 620 people in Indiana and 4,200 workers overall.
With customer traffic sagging, U.S. retail landlords like Indianapolis-based Simon Property Group Inc. are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals.
Year-to-date store closings are already outpacing those of 2008, when the last U.S. recession was raging, according to Credit Suisse Group. About 2,880 closings have been announced so far this year, compared with 1,153 for this period of 2016.