Daniels says he has no interest in vice presidential nomination
Indiana Gov. Mitch Daniels, who declined to seek the U.S. presidency this year, said he isn’t interested in being selected as the Republican vice presidential nominee.
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Indiana Live parent seeks Chapter 11 loan extension
Indianapolis Downs LLC, parent company of Indiana Live horserace track and casino in Shelbyville, wants lenders to grant a one-year extension of financing for the Chapter 11 reorganization that otherwise would expire in April.
FTC asks critics of Express Scripts-Medco deal for ideas
Two pharmacy groups opposing Express Scripts Inc.’s proposed acquisition of Medco Health Solutions Inc. said they were asked by the U.S. Federal Trade Commission to suggest ways to revise the $29.1 billion deal so it wouldn’t harm competition.
Manning’s move may help Nike as it takes NFL contract
Peyton Manning’s change of address is likely good news for Nike Inc., which replaces Reebok International Ltd. next month as the maker of National Football League-branded apparel and uniforms.
Decision about Manning comes down to business for Colts
Peyton Manning’s football future is being decided by a $28 million bonus, his surgically fused neck and a highly praised college quarterback. Oddsmakers say he’ll end up in Arizona, Miami or Washington, D.C.
Honda looks to dealers to boost natural gas station network
Honda Motor Co. wants to double sales of its Indiana-made Civic Natural Gas sedans, but doing so
requires more fuel stations. The car maker wants some of its dealers to install pumps to sell the fuel.
Tornadoes may cost insurers $2B, risk modeler says
Tornadoes that slammed five states in the U.S. Midwest and South last week may generate as much as $2 billion in claims costs for insurers, risk-modeling firm Eqecat Inc. says.
Republic to cut Chautauqua costs to counter fuel prices
Republic Airways Holdings Inc. plans to seek reduced rates from aircraft lessors and vendors in order to cut expenses at its Chautauqua Airlines, where higher fuel prices have made the unit’s smaller jets too costly to operate.
New drugmaker code deprives docs of football, lunch for 2
Doctors can still get free samples of medicines, but not football tickets or lunch for their spouses, under a revised code of conduct drafted by a global drug industry trade group that counts Eli Lilly as a member.
Gannett to build online pay wall for newspaper content
Gannett Co., the owner of 82 daily newspapers including The Indianapolis Star, will adopt a paid model for online content by the end of the year, the company announced at an investment conference Wednesday.
For-profit colleges lose incentive to target vets under bills
For-profit college operators such as Carmel-based ITT Educational Services Inc.would lose a financial incentive to enroll soldiers and veterans under U.S. Senate and House bills aimed at curbing what sponsors call aggressive marketing of subpar programs.
Republic cutting up to 180 jobs in Milwaukee
Republic Airways Holdings Inc. expects to transfer 230 crew members to other cities as it cuts flights by its Frontier Airlines unit in Milwaukee, where it will eliminate as many as 180 jobs.
U.S. farm income could drop 6.5 percent in 2012
The biggest crop acreage in a generation and increasing costs for fuel, pesticides and feed will trim the record profits seen in 2011 to $91.7 billion, according to the USDA.
Frontier trims Milwaukee flights as Republic seeks buyer
Frontier Airlines will cut daily departures from Milwaukee by 44 percent to drop unprofitable flights as Indianapolis-based parent Republic Airways Holdings Inc. prepares to sell or spin off the carrier.
Farmers plan biggest crops since 1984, led by corn
U.S. farmers will plant the most acres in a generation this year, led by the biggest corn crop since World War II, taking advantage of the highest agricultural prices in at least four decades.
Republic says potential buyers have surfaced for Frontier Air
Republic Airways Holdings Inc. has heard from potential buyers for Frontier Airlines and is close to naming an adviser on whether the unit will be sold or spun off to shareholders, CEO Bryan Bedford said.
Super Bowl just misses major-market TV-rating record
The New York Giants’ 21-17 win over the New England Patriots in Sunday night’s Super Bowl narrowly missed drawing the highest major-market television rating in National Football League history.
Lilly freezes salaries as generics erode Zyprexa sales
Eli Lilly and Co. will freeze salaries for most employees worldwide this year, as sales of its best-selling drug declined faster than expected after losing patent protection.
Super Bowl average ticket price slips to $3,664
The average ticket price for the Super Bowl rematch between the New York Giants and New England Patriots in Indianapolis has fallen 15 percent in the last six days, according to sellers on the secondary market.
Lilly eying deal with Turkish drug company
Eli Lilly and Co. is among about a half-dozen companies interested in buying a stake in Mustafa Nevzat Ilac Sanayii AS in a deal that may value the Turkish drugmaker at $1 billion, sources say.