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.
Orbis was founded in 2003 by Daniel Briggs, who now serves as the company’s chief growth officer. The firm markets and manages health care programs for academic institutions and health care systems.
The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla's chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.
Business history is littered with colossally bad mergers that seemed brilliant at the time. So the insurer might benefit from avoiding the temptation to follow the current trend. Or it could get left in the dust.
For folks who want something a little more structurally solid than glamping but more homey than a hotel, the Indianapolis Motor Speedway plans to offer lodging for this year’s Indy 500 in pint-sized houses.
Apollo Global Management LLC and Varde Partners have agreed to buy Fortress Investment Group’s stake in Indiana-based consumer lender OneMain Holdings Inc.
The deal comes as the health sector is looking over the horizon at Amazon.com Inc., and how the company could transform the business of buying, distributing and selling drugs and medical products if it gets into health care.
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
The company filed Chapter 11 documents late Monday in U.S. Bankruptcy Court in Richmond, Virginia. The chain secured $3 billion in debtor-in-possession financing to stay open while it restructures, according to a company statement.
The internet juggernaut spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent.
Small changes in the level of LIBOR had significant effects on the profitability of large banks’ loan portfolios. This sowed the seeds of the LIBOR scandal.
Apollo Global Management has agreed to acquire ClubCorp Holdings Inc., a golf-club and business-club operator whose properties include the Skyline Club in downtown Indianapolis.
Staples Inc. will be acquired by Sycamore Partners in one of the largest retail deals of the year, a wager that the office-supply chain is better off continuing its turnaround plan as a private company.
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.”
Moody’s Corp. has agreed to pay almost $864 million to resolve a multiyear U.S. investigation into credit ratings on subprime mortgage securities. Indiana is one of 21 states getting some of the settlement.
U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy.
