Warnings ordered on testosterone drugs like Lilly’s Axiron
Makers of testosterone drugs must change the products’ labels to clarify that they are approved for only certain disorders, not to help men deal with aging, U.S. regulators said.
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Springleaf CEO’s holdings surge to $151M on OneMain deal
Stock held by Springleaf Holdings CEO Jay Levine soared Tuesday after the Indiana-based firm said it would buy OneMain Financial from Citigroup. Still uncertain was how the deal would affect 1,155 Indiana employees after the company moves it headquarters.
Springleaf to move HQ out of state after $4B acquisition
Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.
Republicans pledge to fight FCC’s web rules backed by Obama
Republican lawmakers pledged to try to overturn net-neutrality rules adopted Thursday by U.S. regulators, as a long-running battle over the handling of Internet traffic shifts to Congress and the courts.
Hesburgh, Notre Dame president for 35 years, dies at 97
Rev. Theodore M. Hesburgh was credited with transforming Notre Dame from a Midwestern university with a national reputation into a national university with an international following.
FCC adopts strong new rules in bid for ‘net neutrality’
U.S. regulators invoked broad powers to ensure that Web traffic for all users is treated equally, adopting net-neutrality rules that supporters say will preserve a wide-open Internet and that opponents vow to fight in court.
Lilly to introduce Lantus copy in Europe after patent expires
Paris-based drugmaker Sanofi had revenue of $8.4 billion from Lantus last year. It lost U.S. patent protection this month and will lose exclusive rights in Europe in May.
Record beef prices not expected to ease any time soon
After shrinking supply sent beef costs surging last year, the government still expects output to drop to a 22-year low in 2015.
Simon forming $1.8B joint venture with retailer Hudson’s Bay
Simon, the biggest U.S. mall owner, will contribute $278.5 million and have a stake of 20 percent in the joint venture with Canada’s oldest company.
Anthem hack may have involved millions who aren’t customers
Social Security numbers, names and addresses for millions of people who aren’t customers of Anthem Inc. may have been breached in a massive cyberattack disclosed by the health insurer earlier this month.
Former Lilly partner ordered to pay $2.3M to Actos user
Takeda Pharmaceutical Co. was ordered by a jury Thursday to pay more than $2.3 million in damages to a former teacher who blamed the company’s Actos diabetes drug for causing his bladder cancer.
Farm income heading toward third straight annual decline
The U.S. Department of Agriculture expects 2015 net-cash income from all farm activity at below $100 billion, the lowest since 2010.
Anthem sued over massive data breach by California consumer
Anthem Inc. faces what may be the first of many consumer lawsuits a day after disclosing that hackers obtained data on tens of millions of current and former customers and employees.
Anthem to tell customers within 2 weeks if they were hacked
Anthem Inc., the second-biggest U.S. health insurer, said it’s going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people.
Anthem attack investigators see signs of Chinese hackers
Investigators of Anthem Inc.’s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other than pure profit.
Anthem hacked in ‘sophisticated’ attack exposing customer data
Anthem Inc. said hackers obtained data on tens of millions of current and former customers and employees in a sophisticated attack that has led to a FBI probe.
Staples agrees to buy Office Depot for about $6.3 billion
Staples Inc. plans to acquire Office Depot Inc. in a deal that will reduce the U.S. office-supply industry to a single major chain and test the limits of antitrust regulators.
Amazon, Sprint eye stores that RadioShack might exit
On the edge of bankruptcy, RadioShack is moving toward a deal to sell a large portion of its 4,000-plus U.S. stores and close the rest, sources said.
Social media sorts out Super Bowl ad winners and losers
Procter & Gamble's Always scores with "like a girl" spot. Budweiser takes arrows for deriding craft beer movement.
Bollore plans more U.S. markets if BlueIndy succeeds
French billionaire Vincent Bollore is targeting Los Angeles and Singapore as the next markets for his electric-car sharing service after its debuts later this year in London and Indianapolis.