Papa John’s further shuns founder, evicting him from offices
Papa John’s International Inc.’s board put further distance between the pizza chain and outspoken founder John Schnatter for using a racial slur.
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Subaru seeing big demand for new super-sized SUV model
The Indiana-made sport-utility vehicle—which has 19 cupholders—has proven to be Subaru’s biggest product launch in more than two decades.
Record M&A activity has dealmakers wondering how long it’ll last
After an unprecedented five years of bumper activity, dealmakers are starting to sound a note of caution. But that isn’t likely to stop 2018 from becoming another record year for M&A activity.
Anthem could take big hit from halt to risk-adjustment payments
The Trump administration’s decision to suspend some Obamacare payments could help a few health insurers, but one of them isn’t going to be Indianapolis-based Anthem Inc., which stands to lose hundreds of millions of dollars.
Democrats planning long-shot bid to block high court nominee Kavanaugh
Senate Republicans are pledging a swift confirmation process that would put Supreme Court nominee Brett Kavanaugh on the bench before the new term opens Oct. 1—and there is little Democrats can do to stop them.
Trial of potential Alzheimer’s treatment shows rare positive results
While the ultimate outcome remains far from certain, the study is a bright spot—if a tenuous one—in the search for a treatment for Alzheimer’s, where more than 100 experimental drugs have failed.
EPA Chief Scott Pruitt resigns amid crush of scandals
A former coal lobbyist, Andrew Wheeler, will take over the agency as acting administrator on Monday, Trump said, Unlike Pruitt, Wheeler has a low-key approach, cultivated during decades of working in Washington.
Younger workers want more varied educational pathways, study finds
Educational background tops age, gender, disability, ethnicity, social status, sexual identity or orientation and religion as an area of diversity young workers say businesses should work on most, according to the survey of more than 12,000 millennials and Gen Z-ers from 36 countries.
Amazon makes $1B splash in health care by buying PillPack
The move represents a formidable challenge to pharmacy chains including Walgreens Boots Alliance Inc. and CVS Health Corp., the two largest drugstore chains in the United States.
Supreme Court deals another big setback to labor unions
A divided U.S. Supreme Court said government employees have a constitutional right not to pay union fees.
How sky-high deductibles have hurt consumers and America’s health insurance system
Many families are hard-pressed to meet soaring deductibles and have put off routine care or skipped medication to save money. The resulting health problems can be enormously costly for the medical system.
Former Toys ‘R’ Us CEO exploring comeback for failed retailer
The final store closures for iconic retail chain Toys “R” Us are slated for this week. But an executive who oversaw the store a decade ago is looking into whether some kind of reboot is possible.
13 Indiana newspapers to be sold as part of $3.65 billion merger
Community Newspaper Holdings Inc. plans to sell off community newspapers in Zionsville, Anderson, Lebanon and 10 other Indiana communities.
Supreme Court rules for American Express in credit card case
The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants who accept its cards.
UPDATE: Cummins loses out on GE’s industrial-engine business
General Electric Co. has agreed to sell its industrial gas engine business to a private equity for $3.25 billion, passing over interest in the acquisition from Columbus-based Cummins Inc.
Firm behind BlueIndy car-sharing service kicked to curb in Paris
The French capital on Thursday canceled its contract with Bollore after the company predicted losses totaling $348 million over the next five years and asked for taxpayers to pick up much of the cost.
Herff Jones owner Varsity Brands sold to Bain Capital
Bain Capital has agreed to buy Varsity Brands, the owner of BSN Sports and Indianapolis-based Herff Jones, in a deal estimated at $2.5 billion.
Private jets luring buyers again, even at average cost of $9.7M
Private-jet buyers are coming out of hiding, encouraged by expanding businesses and lower corporate tax rates.
Survey: When it comes to tipping, millennials are cheapest
U.S. millennials are quick to whip out their wallets for pricey avocado toast and craft beer. But when it comes to rewarding the waiters and bartenders who serve them, those wallets often stay closed.
Retailers fume over tax-law typo that makes renovations pricier
The industry, led by Target Corp., Best Buy Co. and KFC-owner Yum! Brands Inc., is pushing for a solution a last-minute drafting error that doubles the tax costs for badly-needed store renovations.