Obamacare’s insurers struggle for stability amid Trump threats
Obamacare is stuck in limbo, and insurers and state regulators are struggling to set their plans for what’s increasingly shaping up as a chaotic year for the health-care program.
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Lilly uses ‘horny goat weed’ to fend off Cialis royalty demands
Eli Lilly and Co. told a federal jury that a German company is trying to take credit for centuries-old Chinese medicine in seeking royalties on the use of its erectile-dysfunction drug Cialis to treat an enlarged prostate.
Tech firms dominate highest-paying companies list
Once again, technology companies and consultancies have taken the top spots in the latest list of employers with the highest median compensation in the United States.
Children’s clothing retailer with 4 area stores set for bankruptcy
San Francisco-based retailer Gymboree Corp. operates more than a dozen stores in Indiana, including four at some of the Indianapolis-area's top shopping centers.
Blame game over drug prices escalates with new ad campaign
Broadening its efforts to defuse outrage over skyrocketing prices, the pharmaceutical industry’s lobbying association has started an advertising campaign urging insurers to share with customers more of the benefits of rebates they’ve negotiated.
Coffee giant JAB to buy Panera Bread chain for $7.5 billion
Closely held JAB, which is backed by the billionaire Reimann family of Austria, is further adding to a caffeine empire that already includes Keurig Green Mountain, Krispy Kreme Doughnuts and Peet’s Coffee & Tea.
UPS adding Saturday delivery as online shopping drives demand
United Parcel Service Inc. is making one of the biggest shipping-time changes in its 109-year history. Saturday deliveries will begin next month in 15 metropolitan areas, including Indianapolis.
Analysts: Anthem likely to pull back from Obamacare in 2018
An exit by Indianapolis-based Anthem Inc. could be devastating to the health care law, limiting coverage options for consumers.
Trump to cancel Obama’s policies aimed at climate pledge
Trump will sign an executive order Tuesday that begins unraveling a raft of rules and directives to combat climate change.
Supreme Court weighs possible curb on patent suit locations
The justices Monday heard arguments in a case involving Carmel-based flavoring maker TC Heartland that could end the reign of the Eastern District of Texas, which handles more than a third of all patent suits in the United States.
Securities-fraud clash to get U.S. Supreme Court scrutiny
The investors, led by the Indiana Public Retirement System, urged the Supreme Court not to take up the dispute.
European regulators clear Dow Chemical-DuPont merger
The $62 billion deal, which is still awaiting U.S. regulatory approval, would create a huge publicly traded agricultural company that would be based in Delaware but have major operations in Indianapolis.
Study: Workers like paid family leave, but not so much when others use it
A new survey by the Pew Research Center out Thursday has found many Americans believe workers abuse paid leave—including parental leave, medical leave and leave to care for an ailing family member.
Notre Dame reportedly weighing bids for commercial sports rights
The university is one of only a few big-time sports schools that still manages its own commercial rights, which generate tens of millions from television and media deals and from companies that want to advertise alongside the Notre Dame brand.
Sears warns of ‘substantial doubt’ about company’s future
Sears Holdings Corp., which has lost more than $10 billion in recent years, added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall on its future as a business.
Wonder material might make spray-on solar cells a reality
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
Amazon struggles to find strategy that works in $800B grocery market
Despite several attempts to break into industry over almost a decade, the company has struggled to entice shoppers en masse to buy eggs, steaks and berries online the same way they’ve flocked to buy books, tablets and toys.
Anthem CEO seeks changes to Obamacare replacement in Trump meeting
Anthem CEO Joseph Swedish this week talked with President Donald Trump and Health and Human Services Secretary Tom Price about elements of the GOP plan that he’d like to see “enhanced.”
Gordmans Stores files for bankruptcy with plan to liquidate
The century-old discount department store chain operates one store in the Indianapolis area and several more in other parts of the state.
Radio Shack ‘rescuer’ files bankruptcy, likely to liquidate
The company that set out to revive the fortunes of RadioShack, the venerable consumer-electronics chain, filed for bankruptcy Wednesday after failing to keep up with changing consumer habits. The filing could mean the end for eight remaining area stores.