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A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
Eli Lilly and Co. won a U.S. appeals court ruling that upholds the validity of a patent for the lung-cancer drug Alimta and blocks generic competition through 2017. Alimta generated $2.5 billion in sales last year.
A $100 million neuroscience center Indiana University officials say will offer a "one stop shop" for patients recovering from head and spinal injuries, strokes and other medical conditions is days away from opening its doors in Indianapolis.
Indianapolis police have found a second body in a shallow grave on the city's east side. The remains were found as police were removing the first body. Those remains were discovered by a man looking for a dog just after midnight Wednesday. Police say the first body has been confirmed to be a man with a head injury, but it hasn't been identified. An autopsy was also being conducted on the second body Thursday.
A house fire on the south side of Indianapolis late Thursday sent three residents to a hospital with minor injuries. Firefighters were called to the scene near Carson Avenue and Bacon Street at about 11:20 p.m. It's not clear how the fire started. Arson investigators were been called to the scene.
Two men remained on the loose Friday after assaulting a gas station clerk during an armed robbery, according to Indianapolis police. It happened at about 1:15 a.m. at the Ricker’s BP gas station at West 71st Street and Corporation Drive. Police say the suspects forced the clerk into a closet and pistol-whipped him, injuring his head, before fleeing with cash from the register.
The bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your current year’s tax return that may have aged several months.
Carmel-based KAR Auction Services Inc. isn’t commenting on a report by Reuters that it is talking with private equity firms about taking the company private for the third time in its 30-year history.
The surprise positive effect shown by an experimental Alzheimer’s drug “excited” executives at Eli Lilly and Co., but it raised as many questions as it answered.
One of General Growth Properties Inc.'s largest shareholders says Indianapolis-based Simon Property Group has discussed acquiring the Chicago-based shopping mall competitor.
Another plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement. Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco Health Solutions Inc.
A nearly 100,000-square-foot office building on East 46th Street in Indianapolis is in foreclosure after lenders found the owner in default on a $4.5 million loan. A hearing to appoint a receiver to manage the property has been set for Sept. 5.
Let’s skip right over the hit-the-wall improv show and get to the good stuff.
Mark Haagen had sought class-action status on behalf of certain shareholders, charging that the price offered in a proposed sale for each share in the company is too low. Haagen voluntarily dismissed the suit.
Eli Lilly and Co.’s experimental Alzheimer’s drug failed to meet its primary goals in two separate clinical trials. However, when the results of both trials were combined, the drug appeared to have slowed the decline of cognition in some patients.
The fund was established with an initial $2 million investment from a Securities Division account that's funded by fines paid by violators.
Royal Capital Management LLC is calling for the ouster of WellPoint Inc. CEO Angela Braly in a letter to the health insurer, saying she has “failed miserably.”
Joy’s House is committed to supporting families by providing exceptional adult day services.
Bill Herrick’s op-ed “Run government like a business” [Aug. 20] called for government to take a less-active role in the affairs of business and to run itself like a business. I couldn’t agree more.
