Directors at Chicago-based General Growth Properties Inc. are being sued by a shareholder claiming they shouldn’t have
rejected a $10 billion buyout offer from competitor Simon Property Group Inc.
President Obama will release a proposal to restart the health-care debate before a bipartisan White House meeting on Feb.
25, one day after WellPoint officials testify before Congress about steep rate increases.
Evista generated $1.03 billion in sales last year, of which $348.1 million came outside the United States.
Blackstone Group LP, the world’s largest private-equity firm, may join Simon Property Group Inc.’s bid to buy bankrupt
General Growth Properties Inc., according to two people with knowledge of the discussions.
The patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn’t different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.
The Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its
earnings forecast is now less clear.
Facing intense scrutiny from the federal government, Toyota is trying a salt-of-the-earth offensive, paying for a group of
its U.S. employees to talk with lawmakers. At least one is from Toyota’s plant in Princeton, Ind.
Accuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.
WellPoint Inc. chief financial officer Wayne DeVeydt said President Obama’s Federal Trade Commission is unlikely to approve
mergers among the biggest insurers.
Indianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties.
The company raised its average rent per square foot at both regional malls and outlet centers even as U.S. consumer spending
flagged.
Quarterly revenue remained flat at about $1 billion, but profit fell 41 percent, from $196.4 million to $115.9 million.
Unibail-Rodamco SE, Europe’s biggest shopping-center owner, has agreed to pay Simon Property Group and Ivanhoe Cambridge Inc.
$981 million for stakes in seven malls in France and Poland.
The second-largest company in the movie-rental business behind Blockbuster Inc. is immediately closing 760 locations. The
chain operates 14 stores in central Indiana,
according to its Web site.
More than a dozen first-timers will kick off ad campaigns with spots purchased during the Super Bowl on Sunday, making up
for holes left by Priceline.com and Toyota.
Cooper Manning, brother of Super Bowl winners Peyton and Eli, is a big success in his own right as a broker of energy stocks.
But you’ll rarely hear him mention the sibling connection to his clients, or that he’s buddies with Drew Brees.
U.S. stocks sank again Friday, extending the market’s biggest three-day tumble since March, as financial shares slumped on
President Obama’s plan to rein in banks.
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
Indianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
Scientists are using a new stem-cell technique that may someday revolutionize care for disorders as diverse as diabetes, Alzheimer’s
disease and muscular dystrophy.
