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INDIANAPOLIS -- Eli Lilly and Co. has escalated its campaign to curb Canadian drug reimportation by requiring Canadian Internet pharmacies to tell Lilly how much of its drugs they order from wholesalers or possibly be cut off from supplies.
FORT WAYNE -- Indiana Die Molding will close its plant after being squeezed out by low-cost Chinese competitors, plant manager Jerry Born said.
ELKHART, Ind. -- An Elkhart factory that for decades manufactured band instruments stopped production Thursday, putting 100 people out of work.
While most students are searching for housing next year or scrounging funds for security deposits, junior Kari Salyer is resting easy. Salyer will be living rent-free next year at Smallwood Plaza after winning a raffle Friday.
Salyer's name was drawn from a pool of almost 2,000 entries. Her prize, the rent for a two-bedroom apartment in Smallwood Plaza, is valued at more than $12,000.
INDIANAPOLIS -- Haynes International Inc., an 870-employee maker of industrial metal alloys, filed for bankruptcy protection Monday and said it had reached agreements with creditors and union employees in hopes of emerging from Chapter 11.
Tyco suit ruled a mistrial
NEW YORK -- With the jury possibly minutes from a verdict after a trial that lasted nearly six months, a judge declared a mistrial Friday in the corruption case of two former Tyco International executives, saying outside pressure on one juror had left him no choice.
With the pressures of finding a job, figuring out where to live and deciding whether or not to attend graduate school looms ahead, many seniors will soon be faced with an added challenge -- finding their own health insurance.
INDIANAPOLIS -- The top executive of Anthem Inc. is set to receive a $42.5 million stock and cash incentive package as a reward for the health insurer's rapid growth in the past three years.
TERRE HAUTE -- At least one food handler in all Indiana retail restaurants, day cares, schools and nonprofit organizations must pass a test and obtain state certification beginning next year, a health official said.
INDIANAPOLIS -- A medical research foundation that settled a $100 million drug patent lawsuit against Eli Lilly and Co. a year ago found itself on the receiving end of a $6 million gift from the drug maker Tuesday, with past harsh words replaced by mutual praise.
The money to create two endowed faculty chairs in biomedical research is the largest gift in the Oklahoma Medical Research Foundation's 58-year history, said Adam Cohen, director of legal and public affairs.
PHILADELPHIA -- DuPont Co. will eliminate at least 2,500 jobs companywide, about 3 percent of its work force, as part of cost-cutting plans announced last year, a union leader said Friday.
This weekend's Little 500 promises parties and excitement to students and those visiting IU as spectators to witness the world's "greatest college weekend." But the event also draws quite a crowd to the local scene as spectators and students alike spend money at local restaraunts, bars, hotels and other area businesses.
CHICAGO -- McDonald's Corp. chairman and CEO Jim Cantalupo, who orchestrated a turnaround of the fast-food giant in a 16-month tenure as chief executive after overseeing the proliferation of its restaurants worldwide in the 1980s and 90s, died unexpectedly of a heart attack Monday at age 60.
INDIANAPOLIS -- Monday Eli Lilly and Co. said first-quarter earnings dipped 2 percent in part because of a $362 million expense related to an acquisition, but the drug maker's results still beat analysts' expectations.
SEATTLE -- The coffee urns at Starbucks Corp. aren't likely to run dry anytime soon, but the company is worried its brisk growth could create a big problem: finding enough high-quality beans to satisfy increasing demand for its lattes and macchiatos.
Former Qwest execs acquitted
DENVER -- A federal jury acquitted two former Qwest executives of improperly booking nearly $34 million in revenue, a stinging defeat for the government in the first criminal trial stemming from accounting irregularities at the telecommunications giant.
George Marakas is no ordinary IU professor.
In fact, he's much more than just that. Since the fall of 2002, Marakas has juggled his associate professor position at the Kelley School of Business in Information Systems and his own business on his back.
Almost two years ago, Marakas, CEO of Indiana Audio Mastering and Duplicating, opened a music plant that did just that -- mastered and duplicated CDs for bands and businesses.
NEW YORK -- Cosmetics pioneer Estee Lauder, whose pots of potions and tubs of moisturizers have turned the clock back for millions of faces across the globe, has died at the age of 97.
Lauder, who helped launch product lines including Estee Lauder, Clinique, Aramis, Prescriptives and Origins, died of cardiopulmonary arrest Saturday at her Manhattan home, said Sally Susman, a company spokeswoman.
INDIANAPOLIS -- Guidant Corp. reported a 49 percent jump in first-quarter earnings Thursday as strong sales of the medical device maker's heart defibrillators and pacemakers offset a drop in sales of stents.
COLUMBUS, Ind. -- Cummins Inc. said Thursday strong sales of its diesel engines helped it swing to a $33 million profit in the first quarter after posting a $31 million loss in the same period a year ago.