Pfizer pulls plug on push to buy AstraZeneca
Pfizer said Monday that it does not intend to make a takeover offer for British drugmaker AstraZeneca, pulling the plug for now on what would have been the largest deal in the industry's history.
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CEO pay at public companies crosses $10M mark
Propelled by a soaring stock market, the median pay package for a chief executive of a typical large public company rose above eight figures for the first time last year, an increase of 8.8 percent from 2012.
Hearings set for Healthy Indiana Plan expansion
Two public hearings are scheduled this week on Gov. Mike Pence's plan to use Medicaid funds to expand the Healthy Indiana Plan to provide insurance under the federal health care overhaul.
Shine comes off privatization for state projects
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Hunter-Reay holds off Castroneves to win Indy 500
Ryan Hunter-Reay used a series of daredevil moves in the final laps to deny Helio Castroneves a chance at history on Sunday and became the first American since 2006 to win “The Greatest Spectacle in Racing.”
Irsay formally charged with two misdemeanors
Police had filed four preliminary felony counts of possession of a controlled substance, stemming from his intoxicated driving arrest near his home in March. Prosecutors took weeks before deciding to file the misdemeanor charges instead.
Indianapolis Zoo’s orangutan center set for opening
The $26 million International Orangutan Center at the Indianapolis Zoo is scheduled to open to the public Saturday. Zoo officials expect a tremendous attendance boost from the exhibit.
Retailers see stagnating sales of consumer electronics
Already squeezed by tough competition from online retailers like Amazon.com and discount stores like Wal-Mart and Target, retailers like Best Buy and Sears have been cutting costs and revamping merchandise and store formats to attract customers.
Ownership switch eyed for Anderson’s Wigwam gym
Officials are working on the details of transferring ownership of Anderson's iconic Wigwam gymnasium to the city as part of the effort to save it.
Ball State prepared to pick new president
The new president will replace Jo Ann Gora, who is retiring in June after 10 years leading the 18,000-student university.
Experts expect higher electric bills amid tighter pollution rules
The Energy Department predicts retail power prices will rise 4 percent on average this year, the biggest increase since 2008. By 2020, prices are expected to climb an additional 13 percent, a forecast that does not include the costs of coming environmental rules.
Three Catholic parishes in Indianapolis to close
Holy Trinity, Holy Cross and St. Bernadette parishes will be merged into nearby parishes under the changes announced Wednesday by Archbishop Joseph Tobin.
State education board taps former IPS principal
Former Harshman Middle School Principal Bob Guffin is set to become the board's new executive director.
Takeda denies hiding Actos cancer risks in Nevada trial
Takeda Pharmaceutical Co. didn’t hide the alleged bladder-cancer risks of its diabetes medicine Actos, a lawyer for the company told a jury. Actos was marketed for Takeda in the United States by Eli Lilly and Co. from July 1999 to March 2006.
WNBA marketing campaign targets LGBT community
With the campaign, the WNBA is capitalizing on what it has known for years: The gay community makes up a significant portion of its fan base. The difference now is that the league is talking about it publicly and making it a deliberate part of its marketing strategy.
State giving $345K incentive to Turner for company project
The Indiana Economic Development Corp. is giving Mainstreet Property Group an economic development grant of $345,000 for the construction of a nursing home in Terre Haute that is expected to net House Speaker Pro Tem Eric Turner $1.8 million.
Pence pitches health plan proposal in Washington
The health insurance expansion Gov. Mike Pence is touting relies on federal Medicaid money and meets federal Medicaid requirements, but the Republican governor insists it's not Medicaid.
Hospital plans expansion 6 years after flooding
The $30 million project at Columbus Regional Hospital will expand its emergency department and cancer center.
Stadium project a homecoming for Indianapolis-based designer
Dan McCloskey, who works for Indianapolis-based American Structurepoint, has been named senior project architect on the recently unveiled $11.5 million Kokomo Municipal Stadium in downtown Kokomo.
Temporary jobs on rise in today’s shifting economy
Part-time and contract jobs in the past tended to rise during recessions and recede during recoveries. But maybe no longer: Part-time workers have accounted for more than 10 percent of U.S. job growth since the recession officially ended in June 2009.