Manufacturers see rebound in orders for durable goods
Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, while business investment rebounded after two months of declines.
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State agency spends $300K to add mantra to buildings
So far, the Indiana Economic Development Corp. has slapped the slogan "a state that works" on two buildings, using its existing promotional funds in a budget passed by the General Assembly.
Indiana panel recommends state stop licensing engineers
A state panel that's assessing Indiana's need to oversee dozens of occupations is drawing criticism for recommending that the state stop licensing and regulating engineers.
Pharmacy robberies up across Indiana, nation
Robberies of pharmacies to gain illegal access to prescription painkillers and other drugs have increased this year, with Indiana outpacing other states, crime data shows.
Mobile-device management firm MOBI nabs $35 million
Indianapolis-based MOBI landed the capital from New York-based private equity firm Bregal Sagemount, which has made previous investments in LifeLock, Orbitz and Vivint.
Anthem thinks it can chop $1.5B in costs after Cigna deal
Anthem Inc. and Cigna Corp. think their $54 billion merger can help them save a lot of money. But some hospitals and doctors worry those savings will come out of their pockets.
Health insurer deal fever may spread to hospitals next
Seeing mergers like Anthem’s planned acquisition of Cigna Corp., hospitals could decide that striking deals of their own could improve their negotiating power over medical reimbursements.
City dodges bullet as HQ stays under Anthem-Cigna deal
The company says its corporate headquarters will remain in Indianapolis, where its operations are responsible for contributing millions of dollars in corporate taxes and charitable giving.
Developer on Carmel’s $150M Midtown project speeds up schedule
Justin Moffett, principal of Carmel-based Old Town Development LLC, told the Carmel Plan Commission there has been strong interest in office space including a $25 million building anchored by Merchants Bank of Indiana.
VA secretary optimistic Congress will plug budget gap
During a visit to the Richard L. Roudebush VA Medical Center in Indianapolis, Robert McDonald said Thursday he thinks Congress will act to avoid shutting down some VA hospitals and other cost-cutting steps.
Ohio firm to build hydroponic veggie farm in Indy
The city of Indianapolis is partnering with the Toledo company to build the $1.2 million project in a retrofitted, southeast-side warehouse.
FROM THE ARCHIVES: Anthem’s path from laggard to leader
This 1992 profile of then-CEO L. Ben Lytle chronicles the evolution of the company—then known as The Associated Group—from a sleepy health insurer operating in only one state into an acquisitive, aggressive business with national ambitions.
Simon sees jump in cash flow, sunny skies ahead
Simon Property Group Inc., the largest U.S. mall owner, on Friday reported a 22-percent jump in second-quarter funds from operations and increased its full-year forecast as rising employment helps lure shoppers.
Anthem to buy Cigna in $54B deal
After a long and stormy courtship, Anthem Inc. announced Friday morning that it will pay $188 per share to acquire Cigna Corp., valuing the deal at $54.2 billion in cash, stock and the assumption of debt.
Lilly, Anthem show high risk, high reward strategy can pay off
The CEOs of Eli Lilly and Anthem are being rewarded by investors for taking high-risk approaches to develop breakthrough drugs, make major acquisitions.
Anthem’s next challenge: getting regulators to say OK
The next challenge for Anthem Inc. in its quest to marry Cigna Corp. is to get its legal guardians to allow the ceremony to happen.
Once-fringe Gen Con powers game industry
Indy’s annual Gen Con convention has become a powerhouse in the growing $880 million international hobby game business—and a boon for homegrown gaming startups, including Plowgames.
Deal crowns Klipsch ‘Cadillac’ of headphones
The Indianapolis-based manufacturer will supply Klipsch Image One headphones to be part of a rear-seat DVD entertainment system for Cadillac’s 2015 and 2016 Escalade Platinum edition.