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.
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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.
Novartis expects price war with Lilly over psoriasis drugs
Novartis AG is racing to establish itself in the market for new treatments for psoriasis ahead of competing drugs by Amgen Inc. and Eli Lilly and Co. in the United States.
Anthem results top expectations, as firm projects growth in ’15
The Indianapolis-based health insurer hiked the quarterly dividend it pays shareholders nearly 43 percent after reporting fourth-quarter results.
Mercedes to build model in Indiana, hire hundreds
Mercedes-Benz, the world’s third-biggest maker of luxury automobiles, is contracting out production of the R-Class wagon to a factory in Indiana, a move that will allow it to expand its line of U.S.-built sport-utility vehicles.
Belichick says he’s ‘shocked’ footballs were underinflated
New England Patriots coach Bill Belichick said Thursday that he didn’t have an explanation for why the footballs his team supplied for the American Football Conference championship game weren’t inflated properly.
U.S. Steel to idle mill, lay off 369 Indiana workers
The Pittsburgh-based steelmaker notified workers this week it would close East Chicago Tin for an unknown period. The finishing plant makes tin-plated metal largely for canned foods such as soup and vegetables.
Retailers rejected by Supreme Court on debit-card fees
The U.S. Supreme Court, without comment, left intact a Federal Reserve rule governing how much banks can collect for debit-card transactions.
NCAA restores Paterno’s football wins record in settlement
The National Collegiate Athletic Association reached an agreement that will restore 111 wins it stripped from former Pennsylvania State University football coach Joe Paterno after the Jerry Sandusky child sex-abuse scandal.
NCAA investigates unprecedented rise in academic fraud cases
The more than 20 open cases represent an “epidemic,” according to NCAA Vice President of Enforcement Jonathan Duncan.