Mergers, acquisitions off to hottest start since 2000
North American companies, which fell out of favor among acquirers last year, are back on the shopping list in 2018, making up almost 60 percent of all announced transactions in 2018.
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AT&T latest sponsor to abandon USA Gymnastics amid scandal
Losing corporate partners is a significant blow to the Indianapolis-based organization. Sponsorships and marketing account for about a quarter of USA Gymnastics’ annual revenue.
Indy a top spot for Amazon HQ2 if home prices guide its choice
If Amazon wants to locate its HQ2 in the most-affordable spot for housing, there’s an obvious choice: Pittsburgh. But Philadelphia and Indianapolis aren't far behind.
Amazon heats up fight for HQ2: Here’s how 20 contenders stack up
Now that Amazon.com Inc. has whittled down the list of cities it’s considering for its second North American headquarters, here are some pros and cons of the places on Amazon’s very long shortlist.
Workplace rights lawyers racing against shifting legal landscape
Employers across America paid a record amount in settlements for workplace violations last year, but that isn’t expected to be a trend.
Facebook unveils sweeping changes, says engagement might fall
Facebook Inc. said it is making major changes to its flagship social network, shifting users’ news feeds back toward posts from friends and family and away from businesses and media outlets—a transition that is likely to mean people spend less time on the site.
Intel says chip-security fixes leave PCs only slightly slower
Intel Corp. published a table of data Wednesday showing that older processors handled typical tasks 10 percent slower at most, after being updated with security patches.
Target shares rise after brisk holiday sales help boost forecast
Target Corp. emerged as a winner this holiday season, boosting its turnaround plan and pressuring rival Wal-Mart Stores Inc. to match the performance.
Trump health nominee faces another grilling on U.S. drug costs
Former Eli Lilly exec Alex Azar, who is President Donald Trump’s pick to lead the Department of Health and Human Services, faces senators at his second hearing on Capitol Hill on Tuesday.
Lilly CEO says tax reform could lead to more dealmaking
Eli Lilly and Co. CEO Dave Ricks said Monday that the recent changes in U.S. tax policy will help the drugmaker lower its global tax burden as he continues to look for deals in areas like oncology.
Pfizer to end Alzheimer’s research, cut 300 jobs
Pfizer said it will continue its support of potential blockbuster drug tanezumab, a late-stage pain treatment in development with Indianapolis-based Eli Lilly and Co.
Apple says all Macs, iPhones, iPads exposed to chip flaw
Apple Inc. said all Mac computers and iOS devices, like iPhones and iPads, are affected by chip security flaws unearthed this week.
Stake in Indiana-based OneMain Holdings sells for $1.4B
Apollo Global Management LLC and Varde Partners have agreed to buy Fortress Investment Group’s stake in Indiana-based consumer lender OneMain Holdings Inc.
Amazon grabs headlines, but Aldi, Lidl still the grocers to watch
Aldi and Lidl—two no-frills German discounters that are expanding quickly in the United States—are putting more pressure on grocery giants Kroger and Walmart than Amazon.
UPS, FedEx handle record holiday surge with minimal delays
Both couriers now have entered the holiday season’s returns cycle, which also promises to be busy.
World’s wealthiest gain $1 trillion in 2017 on market exuberance
The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs.
Retail caps strong season with help from long Christmas weekend
Americans displayed their buying bona fides in the final run-up to Christmas, turning out in force to produce what may be the best holiday shopping season in years.
Year in notable deaths includes Hefner, Ailes, Rockefeller
Death claimed several national and international newsmakers in business, finance and public affairs in 2017. Indianapolis also lost several notable public figures.
Initial public offerings stage comeback year in 2017
A third of the stock sold in IPOs this year came from technology, media and telecommunications companies, about double the proportion in 2016.
Analysts cut IPhone X forecasts, citing lukewarm demand
Apple has been counting on a redesigned 10th anniversary iPhone to boost shipments as its market value advances toward $1 trillion.