Eli Lilly and Co. shares dipped Wednesday after a promising breast cancer treatment failed to meet interim efficacy criteria in a late-stage trial, possibly delaying its entry to market.
California-based Genesys Telecommunications Laboratories Inc. is in early talks to acquire Indianapolis-based competitor Interactive Intelligence Group Inc., people with knowledge of the matter said.
The operator and franchiser of more than 250 roadhouse-themed restaurants, including four in the Indianapolis area, said it plans to close 18 under-performing restaurants as part of the reorganization plan.
Small-business and manufacturers’ groups praised a proposal by Republican presidential candidate Donald Trump to take the U.S. federal corporate tax from the highest to one of the lowest among developed nations.
Mattress Firm, the largest mattress seller in the United States, has at least 23 stores in the Indianapolis area.
The trend hasn’t yet hit Indiana, according to the latest numbers from the U.S. Department of Agriculture, but numbers from a Purdue University survey released earlier this month say otherwise.
The Anthem-Cigna case was assigned to Judge Amy Berman Jackson, who was appointed to the bench by President Barack Obama. She set a scheduling conference for Aug. 12
Cigna Corp. CEO David Cordani faces a tough task: persuading investors and lawyers that the health insurer is committed to a $48 billion takeover by Indianapolis-based Anthem Inc., while also talking up its prospects as an independent company.
Companies like Eli Lilly and Co. unit Elanco are focused on developing vaccines as alternatives to antibiotics.
Anthem’s lawyer, Christopher Curran, told U.S. District Judge John Bates in Washington, D.C., on Thursday that Cigna’s top management is "no longer interested in being pursued."
JPMorgan Chase & Co. has reached a settlement with Indiana regulators related to its asset management business, and now other states are expressing interest in how Indiana built its case.
Health care insurance giant Aetna Inc., facing more than $300 million in losses from Affordable Care Act health plans this year, may exit Obamacare markets.
CNO Financial shares dropped 2.8 percent Monday morning after declining 5.5 percent last week. The Carmel-based insurer said last week that it was scrutinizing a risk-transfer arrangement with Beechwood Re, the reinsurer linked to embattled hedge fund Platinum Partners.
U.S. homeownership has fallen to its lowest mark in more than 50 years as rising prices put buying out of reach for many renters.
Over the last eight years, Eli Lilly relied on a three-decade company veteran to steer it through declining sales and a struggling product pipeline. Now, it’ll rely on another long-time executive for its next chapter.
CNO Financial Group Inc. said it’s scrutinizing a risk-transfer arrangement with Beechwood Re, the reinsurer linked to embattled hedge fund Platinum Partners.
Anthem Inc. shares fell Wednesday after the Indianapolis-based insurer said it expects to lose money on Affordable Care Act plans this year. The company had been planning to break even.
Anthem Inc. told a federal court that its proposed $48 billion merger with rival health insurer Cigna Corp. will lower consumer costs and extend coverage to more people, in response to a U.S. lawsuit seeking to block the deal.
Cigna doesn’t appear like it’s ready to put up a fight to keep alive its $48 billion deal with Anthem, analysts say. But Aetna and Humana seem poised to put up more of a battle over their proposed merger.
The Obama administration plans to spend as much as $4.5 billion to build electric-car charging stations, creating a network stretching coast-to-coast to potentially improve consumer acceptance of the lower-polluting vehicles.
