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  • INDIANAPOLIS— Eli Lilly and Co. could pay more than $570 million to French pharmaceutical company Adocia under an agreement to develop a fast-acting insulin that is in the early stages of clinical testing. Lilly said Friday that it will pay $50 million upfront and an additional $280 million and $240 million if the insulin reaches some development and sales...

  • Finish Line 3Q results mixed, cuts 2015 outlook Friday, 19 Dec 2014 | 7:15 AM ET

    INDIANAPOLIS— The Finish Line Inc. reported a higher fiscal third-quarter profit, but its adjusted results fell short of Wall Street's expectations as it dealt with some charges and merchandise margin pressure. Finish Line which sells shoes, clothing and accessories, earned $2.6 million, or 5 cents per share, for the period ended Nov. 29. Sales at Finish Line...

  • Wisconsin ranks 32nd in private-sector job growth Thursday, 18 Dec 2014 | 10:01 AM ET

    MADISON, Wis.— Wisconsin ranks 32nd in private-sector job growth and lags behind the national average for the 12- month period that ended in June, according to the latest figures released Thursday by the U.S. Bureau of Labor Statistics. The numbers are consistent with where Wisconsin has ranked in recent years. Wisconsin ranked 32nd nationally in...

  • Indiana officer asked to stop selling 'divisive' shirts Thursday, 18 Dec 2014 | 7:55 AM ET

    SOUTH BEND, Ind.— Some officials in the Indiana city of South Bend have called on a police officer to stop selling T-shirts that make light of the "I can't breathe" refrain used in recent protests of the police killing of a New York City man. Mishawaka police officer Jason Barthel this week began selling T-shirts with the message "Breathe easy, don't break the law" at a...

  • ITT Educational posts 2Q profit Wednesday, 17 Dec 2014 | 5:30 PM ET

    CARMEL, Ind. _ ITT Educational Services Inc. on Wednesday reported net income of $3.6 million, or 15 cents per share, in its first quarter. The company, based in Carmel, Indiana, posted revenue of $237.9 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Lottery to end Monopoly game as losses pile up Wednesday, 17 Dec 2014 | 3:50 AM ET

    INDIANAPOLIS— A Monopoly-themed lottery game that never caught on with players is being canceled this month, but not before racking up about $500,000 in losses for the Hoosier Lottery. Hoosier Lottery officials had lost nearly $348,000 on the game through Nov. 30, and The Times reported that figure is expected to grow by the game's end. "Like all good businesses,...

  • NC group wants Duke Energy to slow plants building Tuesday, 16 Dec 2014 | 12:09 PM ET

    RALEIGH, N.C.— A North Carolina group advocating renewable energy said Tuesday it is pressing federal regulators to investigate whether Duke Energy should buy power from other Southeast electric companies and build fewer power plants that cost consumers. Duke Energy responded in a statement that NC WARN is complaining after the company built natural gas...

  • Eli Lilly bumps up dividend for first time since 2009 Tuesday, 16 Dec 2014 | 10:44 AM ET

    INDIANAPOLIS— Shares of Eli Lilly outpaced broader trading indexes Tuesday morning, a day after the drugmaker announced its first dividend increase in more than five years. That will raise the quarterly payout to 50 cents per share, or $2 annually. Eli Lilly and Co. shares climbed about 1 percent, or 71 cents, to $70.38 Tuesday, while the Standard& Poor's 500 index...

  • Southwest bag workers picketing over flight delays Tuesday, 16 Dec 2014 | 4:00 AM ET

    For years, Dallas- based Southwest was the most punctual of big U.S. airlines, but it stumbled after trying to squeeze in more flights into its schedule. Southwest has also prided itself on keeping its employees happy, believing that would guarantee good service for its customers. "That recipe is kind of gone and it's profits over people and that's not acceptable,"...

  • JOANN CRUPI, A FORMER MANAGER AT BERNARD MADOFF'S FIRM, IS SENTENCED TO SIX YEARS IN PRISON--COURT HEARING.

  • CANADA COMPETITION BUREAU LAWYER SAYS IN COURT FILING THAT APPLE AGREEMENTS WITH WIRELESS CARRIERS MAY HAVE DISCOURAGED CARRIERS FROM REDUCING PRICE OF OTHER HANDSETS.

  • Legislation seeks interim steps to stop Asian carp Friday, 12 Dec 2014 | 12:44 PM ET

    TRAVERSE CITY, Mich.— Members of Congress on Friday called for strengthening defenses on a river about 40 miles from Chicago as a temporary step toward preventing aggressive Asian carp from invading the Great Lakes and depleting their prized fish stocks. Under bills introduced in the House and Senate, federal agencies would be ordered to focus interim efforts...

  • Multiemployer pensions could face cuts Thursday, 11 Dec 2014 | 3:26 AM ET

    George Miller, D- Calif., who worked the deal out with Rep. But it quickly drew fire from some labor unions and AARP, who denounced what they call backroom deal-making that will create hardships for older Americans. These plans are usually found in industries that have many small employers that would not ordinarily put together a pension plan on their own, according...

  • House approves $1.1T bill financing government Thursday, 11 Dec 2014 | 3:11 AM ET

    The 219-206 vote cleared the way for a final showdown in the Senate on the bill— the last major measure of a two-year Congress far better known for gridlock than for bipartisan achievement. The White House stated its own objections to the bank-related proposal and other portions of the bill in a written statement. Even so, officials said Obama and Vice President...

  • Deal to allow multiemployer pension benefits cuts Wednesday, 10 Dec 2014 | 5:59 PM ET

    George Miller, D- Calif., who worked the deal out with Rep. But it quickly drew fire from some labor unions and AARP, who denounced what they call backroom deal-making that will create hardships for older Americans. These plans are usually found in industries that have many small employers that would not ordinarily put together a pension plan on their own, according...

  • Mediation coming in IBM, Indiana contract dispute Wednesday, 10 Dec 2014 | 11:48 AM ET

    INDIANAPOLIS— IBM Corp. and the state of Indiana are turning to mediation in hopes of settling their dispute over IBM's failed attempt to privatize Indiana's welfare services. An IBM- led team of vendors won a state contract in 2006 to privatize Indiana's welfare service. Mitch Daniels canceled the contract in 2009, less than three years into the 10- year deal,...

  • Fact sheet: 2015 Subaru Legacy Wednesday, 10 Dec 2014 | 11:34 AM ET

    2015 Subaru Legacy 2.5 i Premium. BASE PRICE: $21,695 for base 2.5 i; $23,495 for 2.5 i Premium. OPTIONS: Moonroof package plus navigation, EyeSight, blind spot detection and rear cross-traffic alert $2,890.

  • Vera Bradley beats 3Q profit forecasts Wednesday, 10 Dec 2014 | 8:09 AM ET

    ROANOKE, Ind. _ Vera Bradley Inc. on Wednesday reported net income of $6.9 million in its fiscal third quarter. Analysts expected $126.5 million, according to Zacks. For the current quarter ending in January, Vera Bradley said it expects revenue in the range of $158 million to $163 million.

  • Lawsuit accuses Maker's Mark of false advertising Tuesday, 9 Dec 2014 | 3:07 PM ET

    LOUISVILLE, Kentucky— Two California consumers sued one of Kentucky's best-known distilleries, saying Maker's Mark tries to spike demand and sticker prices by falsely promoting its bourbon as being handmade. The lawsuit, filed in federal court in San Diego, accused the distillery of deceptive advertising and business practices with its "handmade" promotion...

  • Why areas with good jobs have hard-to-afford homes Tuesday, 9 Dec 2014 | 11:17 AM ET

    College graduates and younger families have been clustering in coastal cities such as New York, San Francisco and Seattle, where incomes are generally ample and solid middle-class jobs plentiful. Roughly 40 percent of households in New York, San Francisco, Seattle, parts of Connecticut and Colorado, and Washington, D.C., earn more than $100,000 annually,...