Articles

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.

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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.

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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.

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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.

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GM taps female CEO; ex-Cummins chief named chairman

General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry. Former Cummins Inc. CEO and chairman Tim Solso was named GM's chairman.

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Lilly called likely suitor for Novartis veterinary unit

Novartis AG’s animal-health business is drawing interest from drugmakers including Indianapolis-based Eli Lilly and Co. and Merck & Co. as the Swiss pharmaceutical giant prepares to sell the unit, people with knowledge of the matter said.

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Shoppers flood stores in bargain-hunting spree

Faced with smaller crowds of less confident consumers, as well as six fewer days between Thanksgiving and Christmas than last year, retailers are pouring on margin-eating discounts to grab market share.

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