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Raising the cigarette tax by $1 per pack would help pay for Medicaid spending and tobacco-cessation programs—and would help patch the $300 million annual hole in the budget created by the House’s road-funding plan.
Merck & Co. on Tuesday announced that it will end a study of its once-promising Alzheimer’s disease drug in patients with mild-to-moderate forms of the condition, just three months after Eli Lilly and Co. announced its own setback in a field that’s been littered with failures.
The Labor Department said Wednesday consumer prices rose 0.6 percent last month, the most since February 2013 and twice what economists were expecting.
Americans spent more than normally expected last month at clothiers, department stores, electronics outlets and sporting goods retailers.
Fans of the Indianapolis Indians this year will notice a massive new scoreboard, improved sound system and spiffier concession stands. Changes to seating are being considered for 2018 or 2019.
Revenue in the fourth quarter dropped 11 percent from the same period of 2015, marking the biggest year-over-year decline in the company’s 22-year history.
In the lawsuit, Anthem blasted Cigna, accusing it of repeated efforts to sabotage their proposed merger.
The collapse of one potential mega-merger and the uncertain future of the other could hurt shoppers on the Affordable Care Act exchanges next year by leaving them with even fewer options and potentially higher prices.
The Indiana Senate has followed the House’s lead and voted to override two bills that former Gov. Mike Pence vetoed last year. The Senate’s votes Tuesday mean the bills become law.
Indiana is one of 13 states where voters elect the schools chief. The other 37 allow either the governor or the board of education to select someone to fill the position.
A review by The Associated Press found Seema Verma and her small Indianapolis-based firm made millions through consulting agreements with at least nine states while also working under contract for Hewlett Packard.
The bill comes on the heels of Carmel’s recent decision to send letters to 28 residents who rent out their homes on Airbnb, stating that they are in violation of city zoning laws.
Indianapolis-based Anthem responded almost immediately Tuesday by saying Cigna does not have the right to cancel the deal.
Federal Reserve Chairwoman Janet Yellen said more interest-rate increases will be appropriate if the U.S. economy meets the central bank’s outlook of gradually rising inflation and tightening labor markets.
The Metropolitan Development Commission is slated to vote Wednesday to terminate a tax-abatement agreement with Indianapolis-based GrinOn Industries LLC, makers of the “Bottoms Up” beer-dispensing system, which fills cups from the bottom.
An Indiana House committee voted Tuesday to create a special summer committee to study the possibility of repealing an Indiana law requiring people to get a license before carrying a handgun.
The land is expected to be developed into a mixed-use innovation district that will include more than a million square feet of office, educational, retail, residential, hotel and community space.
The Zionsville Town Council agreed earlier this month to issue up to $1.5 million in bonds to bring the service provider to the community.
A $17 million hotel should break ground in April, while plans for a parking garage could be followed by the construction of two office buildings that would cater to growing tech companies.
The Humana-Aetna deal was one of two mergers that would have reshaped the U.S. health insurance landscape. Both were rejected by federal judges as anticompetitive. Anthem hasn't given up on its deal—a $48 billion pact to acquire Cigna—and is pressing ahead with an appeal.
