Lilly notifies Canada about NAFTA complaint on Strattera patent
Eli Lilly and Co. notified Canada it plans to file a trade complaint, claiming court decisions invalidating one of the company’s patents breach international obligations.
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Subaru still considering Indiana plant expansion
Fuji Heavy Industries Ltd.’s Subaru unit is studying whether to expand its Indiana auto-assembly plant as the Toyota Motor Corp. affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models.
Rogers to leave Duke under settlement with regulators
The settlement, which lays out a series of executive changes and employment and financial concessions, represents a rebuke to the company’s boardroom coup.
Lilly chief says China too slow in approving new drugs
China takes eight years longer on average to approve drugs than other major countries, and U.S. drugmakers are looking at ways to help speed things up, Eli Lilly and Co. CEO John Lechleiter said.
Drought no obstacle to record income for U.S. farms
Even after the worst drought in a half-century shriveled crops from Ohio to Nebraska, U.S. farmers are having their most-profitable year ever because of record- high prices and insurance claims.
Rutgers follows Maryland to Big Ten, leaving Big East
Rutgers University is moving to the Big Ten Conference, ending a more than two-decade affiliation with the Big East as it looks to strengthen its athletic, financial and academic standing.
Hope for Hostess? Judge pushes sides into mediation
Hostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that the maker of Twinkies and Wonder bread said will force it to liquidate.
States gain delay on deadline for health-law marketplaces
States received an extra month from the Obama administration to decide whether to build online marketplaces for medical insurance after Republican governors pressed their resistance to the president’s health-care law.
Hostess to close all plants, fire thousands of workers
Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.
Bureaucratic growth draws ire at Purdue, other universities
Administrative costs on college campuses are soaring, crowding out instruction at a time of skyrocketing tuition and $1 trillion in outstanding student loans. At Purdue, bureaucratic growth is pitting professors against administrators.
KAR stock falls after private-equity deal reported dead
KAR Auction Services Inc. stock took its biggest daily drop in more than three months Tuesday after Reuters reported the provider of wholesale vehicle auction services ended talks to sell itself to private-equity firm Clayton Dubilier & Rice LLC.
WellPoint shares droop despite profitable quarter
WellPoint Inc.'s third-quarter earnings trumped Wall Street expectations, but the health insurer's stock tumbled Wednesday after President Barack Obama won re-election, a victory that could help cement the future of his health care overhaul.
Donnelly wins Senate race over Mourdock
Democrat Joe Donnelly defeated Richard Mourdock for an open U.S. Senate seat in Indiana, one of Republicans’ must-win races in their effort to gain control of the chamber.
Indiana’s Vigo County a bellwether for presidential races
The voters of Vigo County may know more about who will win the presidential race than any pollster or strategist. In more than half a century, Vigo County election returns have been right every time, making it the nation’s finest bellwether county.
Simon says Sandy caused minimal damage to shopping centers
A company spokesman said damage was minor at Simon’s malls and outlet centers in New York and other areas hit by the storm.
Broncos’ Manning to own 21 Papa John’s pizza franchises
Peyton Manning will be introduced as the company’s newest franchisee in the Denver area during a television spot with Papa John’s Chief Executive John Schnatter on Sunday during the telecast of NBC’s “Football Night in America.”
ExactTarget eyed as attractive takeover target
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
Simon beats expectations, boosts dividend, outlook
Indianapolis-based shopping center owner Simon Property Group hiked its quarterly dividend and its forecast for full-year funds from operations as its tenants benefited from an increase in consumer spending.
Democrats seize on Mourdock’s rape comment
Democrats are attacking Indiana Republican Senate candidate Richard Mourdock for saying that when a pregnancy occurs during a rape, the resulting life is “something that God intended.”
Alzheimer’s prevention seen promising as drug cures fail
Researchers are set to test drugs by Eli Lilly and other companies that may prevent Alzheimer’s disease after efforts to find a cure have been unsuccessful.