Aetna agrees to buy Humana in $37B deal
Aetna Inc. agreed to buy Humana Inc., the second-largest provider of private Medicare insurance, for $37 billion in cash and stock to broaden its health-care coverage.
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McDonald’s localizes menus with pulled pork, bacon McMuffins
The world’s biggest restaurant chain, hoping to appeal to wider swaths of Americans, is working to offer more locally relevant fare, such as pulled-pork sandwiches in Indiana, bacon and white-cheddar Egg McMuffins in Chicago and cranberry-orange muffins in the Midwest.
Sysco terminates planned $3.5B takeover of US Foods
Sysco Corp. called off its planned $3.5 billion takeover of US Foods, it announced Monday, after a federal judge blocked the combination. Both companies have large distribution operations in central Indiana.
State to issue $95M in bonds for Speedway next week
The Indianapolis Motor Speedway is getting upgrades including high-definition video displays, Wi-Fi, and refurbished seats and concession stands.
Deep in ‘Cave,’ Lilly CEO decided Alzheimer’s drug’s fate
Eli Lilly and Co. is preparing to release data on its experimental Alzheimer’s disease treatment, solanezumab, after years of sometimes positive but often discouraging research.
Gay marriage legalized nationwide by U.S. Supreme Court
Same-sex couples have a constitutional right to marry nationwide, the U.S. Supreme Court said Friday in a historic 5-4 ruling.
London mayor discussing $16B biotech fund with Lilly, others
London Mayor Boris Johnson is proposing a $16 billion fund to encourage growth of emerging health-care companies in the United Kingdom in an effort to catch up to biotechnology clusters in the United States.
Lilly facing first trials over Cymbalta withdrawal symptoms
Eli Lilly and Co. has been ordered to face claims it misled consumers about “brain zaps” and other withdrawal side effects tied to its antidepressant Cymbalta in the first cases slated to be heard by juries.
Investors closely following potential merger wave
The takeover game is rampant among U.S. health insurers and stock investors are filling the stands.
Health insurers that win merger race likely to get regulatory OK
A victory by Anthem Inc. in its bid to buy Cigna Corp. could create regulatory hurdles for other insurers exploring deals as antitrust officials seek to hold the line on rising health care costs.
Potential Anthem-Cigna deal hinges on CEO cooperation
Cigna Corp. and Anthem Inc. are poised to do the biggest deal that the health insurance industry has ever seen—if their CEOs can get along.
Rainy weather keeps soybean planting pace at 19-year low
Parts of the Midwest received more than six times the normal amount of rainfall in the week ended Monday. States including Indiana had less than two days suitable for fieldwork last week
Lilly drug regimen costing $9,200 a month scores zero in study
In a new scoring system for oncology drugs, a leading group of U.S. cancer doctors awarded a zero for overall benefit to a regimen featuring Alimta, Eli Lilly and Co.’s top-selling product.
Hotel-record inspection law tossed out by U.S. Supreme Court
A divided U.S. Supreme Court threw out a Los Angeles ordinance that lets police inspect hotel registries without first getting a judge’s permission. Similar laws are in place in Indianapolis, Atlanta, Detroit, Seattle, St. Louis and Cincinnati.
Obamacare driving merger talk among big insurers
Driving the consolidation is the 2010 health law that put tougher rules on the industry, demanding more covered services, better care and a ceiling on profits.
Cigna rejects $47B offer from Anthem as ‘inadequate’
Anthem on Saturday offered to buy the smaller health insurer, which responded Sunday with a litany of concerns and criticisms.
Cummins among winners in U.S. truck efficiency plan
U.S. regulators have delivered a victory for engine makers such as Indiana-based Cummins Inc. in a battle over greenhouse-gas emissions regulations for heavy-duty trucks.
Report: Simon attempts to sell holdings in rival Macerich
If true, the move could signal that Indianapolis-based Simon Property Group no longer is interested in acquiring the rival shopping-mall owner.
Ball from Deflategate game heads to auction for $25K
The price tag for a football from last season’s infamous AFC Championship game between the Colts and Patriots has been inflated.
Hill-Rom to acquire medical supplies firm for $2 billion
The acquisition lets Hill-Rom, a maker of hospital supplies for wound care and respiratory health, delve further into the market for diagnostic supplies for physicians and emergency responders