Indiana considers amendment that could shield industrial farms
The bill’s sponsors say it’s a way to keep non-farmers, including national animal rights groups, from meddling in the state’s rural interests.
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Corn pile biggest since 1994 as crop overwhelms use
Stockpiles of corn in the United States, the world’s top grower, are rising at the fastest pace in 19 years as a record crop overwhelms increased demand for the grain used to make livestock feed and ethanol.
Group led by WellPoint to partner on global health network
The Blue Cross and Blue Shield Association will form a combined provider network with London-based Bupa that will collectively include more than 11,500 hospitals in more than 190 countries, the partners said Thursday.
WellPoint seeks more Obamacare biz by extending deadline
Two of the largest U.S. health insurers are giving Obamacare customers more time to pay their initial premiums as the industry tries to coax millions of people to take the final step in cementing coverage for 2014.
WellPoint to unload 1-800-Contacts unit
Financial terms of the sale to Boston-based private equity firm Thomas H. Lee Partners LP weren’t disclosed. WellPoint paid a reported $900 million to buy the company in June 2012.
Lilly forecasts sales, profit drop in face of rival generic drugs
In a warning shot to investors, the pharmaceutical giant says it expects “2014 to be the most financially challenging year of Lilly’s current period of patent expirations.”
Bengals join Packers, Colts with sellout preventing blackouts
All four of the National Football League’s wild-card playoff games will be televised in their host team’s local market after corporate support helped ensure sellouts.
Feds extend Obamacare deadline as customers rush site
The deadline to enroll in plans that begin Jan. 1 now is midnight Tuesday for most of the U.S. On Monday, healthcare.gov fielded nearly 50,000 simultaneous visitors, triggering a queuing system.
Aviation report finds that airline delays are undercounted
On-time statistics for such carriers as United, American and Delta don’t include tardy flights by their regional partners, such as Indianapolis-based Republic Airways.
Cummins sues T-shirt sellers for logo infringement
Cummins Inc., the Indiana-based maker of truck engines, has sued three named and 10 unnamed defendants for trademark infringement. The company claims the defendants are making and selling T-shirts bearing its trademarks without permission.
Lilly, other drugmakers to keep paying doctors
Eli Lilly and Co., Pfizer Inc., Sanofi and other large drugmakers will keep paying doctors to give talks about their products, leaving GlaxoSmithKline Plc alone for now in its decision to halt such compensation.
NCAA concussion cases sent to Chicago by U.S. judges’ panel
Ten lawsuits accusing the National Collegiate Athletic Association of concealing the long-term risks of concussions sustained in student sports must be litigated in Chicago, not Indianapolis, a federal judges’ panel ruled.
Insurers give Obamacare enrollees more time for payments
Consumers who enroll in health plans through the new U.S. exchanges will get 10 extra days to pay their first premiums and still gain coverage effective Jan. 1, an insurance company trade group said Wednesday.
MISO takes control of Entergy system, extends grid to Gulf
The Carmel-based power grid operator is expanding its footprint from Manitoba and the U.S. Midwest to the Louisiana coast.
Pfizer, Teva reach deal to allow generic Viagra
Fifteen years after Pfizer Inc.’s Viagra changed the sexual equation for older men, the blockbuster impotence drug is set to become available in a less expensive generic form as early as 2017.
U.S. invalidates 33.5M renewable fuel credits after fraud
The U.S. Environmental Protection Agency said it has invalidated renewable fuel credits sold by an Indiana company for biofuel it didn’t produce. The filing Wednesday follows fraud charges filed against the former owners of the Middletown-based E-Biofuels LLC in September.
SEC targets misleading CEO pay-for-performance
The inconsistent measures that companies use to disclose CEO pay is the newest battleground in executive compensation. As the SEC works on a rule to require pay-for-performance reports, it also plans to end the wide latitude enjoyed by firms when they compute the numbers.
Indiana church expected to repay creditors fully in 25 years
The Madison Park Church of God in Anderson has a green light to exit bankruptcy under a Chapter 11 plan approved by an Indianapolis judge late last week.
Group plans $2.8B mall buy from firm with heavy Simon ownership
Carrefour SA joined a group of institutional investors to buy 127 European shopping malls in a $2.75 billion deal with Klepierre SA, which is 29-percent owned by Simon Property Group.
Lilly foe still testing Alzheimer’s theory where others failed
Since 1998, there have been more than 100 attempts to develop an Alzheimer’s treatment, and all have failed. Such a product may generate as much as $5 billion annually for Merck, according to analysts