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.
The Indianapolis Motor Speedway is getting upgrades including high-definition video displays, Wi-Fi, and refurbished seats and concession stands.
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.
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 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.
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.
The takeover game is rampant among U.S. health insurers and stock investors are filling the stands.
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.
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.
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
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.
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.
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.
Anthem on Saturday offered to buy the smaller health insurer, which responded Sunday with a litany of concerns and criticisms.
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.
If true, the move could signal that Indianapolis-based Simon Property Group no longer is interested in acquiring the rival shopping-mall owner.
The price tag for a football from last season’s infamous AFC Championship game between the Colts and Patriots has been inflated.
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
The biggest U.S. providers—UnitedHealth Group Inc., Anthem Inc., Aetna Inc., Cigna Corp. and Humana Inc.—are all looking at possible combinations. Indianapolis-based Anthem is considering a takeover of Cigna or Humana, a person familiar with the matter said.
About 175 underperforming Gap stores will close in North America as part of a comeback plan for the business, which has posted sales declines for five straight quarters and lagged behind its sister chain Old Navy.
