City Indianapolis Financial News

17.10 / 12:31

markets COST pandemic blues Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid

Shares of Elevance tumbled early Thursday after the insurer said rising Medicaid costs prompted a 2024 forecast cut less than three months before the year’s end

28.03 / 13:37

UPS CBS Basketball Auburn stage volunteers Updates March Madness 2025: Auburn vs Michigan, Houston vs Purdue; all about Friday's Sweet 16 matches

NCAA men’s basketball tournament is witnessing four Sweet 16 games on Friday, March 28, as fans gear up to see their favourite side making it to the Elite Eight matchups. With Final Four for March Madness just around the corner, the live coverage on Friday will begin in Atlanta in the evening, followed by the tip offs in Indianapolis. Set to be in action are the top four seeds, including the 2024’s national runner-up, USA Today reported. Here's all you need to know about the four matches today:

17.03 / 22:17

markets Gap economy pandemic trends Universities reports Thinking of Quitting? Wait! Job-hopping no longer pays off as salary boost for changing jobs hits 10-year low, nearly matching job stayers

The latest federal data found that the pay gap between employees who remain in their positions and those who switch jobs has fallen to its lowest point in a decade, the Wall Street Journal reported. During the first two months of 2025, workers who remained with their previous employers received a 4.6% bump in pay, while job switchers received about a 4.8% hike, as per the report. While the fall in hike started from 2025, yet the difference was slightly more, job switchers gained an average of 7.7% in salary compared to the job stayers' 5.5% bump, according to Wall Street Journal.

13.03 / 17:45

FIVE Universities Basketball social reports Updates athletics Minnesota Golden Gophers fire head coach Ben Johnson; Here’s what led to his exit

Minnesota Golden Gophers on Thursday fired men's basketball coach Ben Johnson, despite two more seasons remaining on his contract. This comes after four years of Johnson rebuilding rosters on a repeated basis at his alma mater as the side failed to even come close to an NCAA Tournament appearance, The Associated Press reported.

02.03 / 05:41

markets Boeing show reports rights Videos Investigations US: FedEx plane makes emergency landing in Newark Airport after bird strike and engine fire

FedEx plane made an emergency landing shortly after taking off from Newark Airport on Saturday as its right engine caught fire, New York Post reported. According to the Port Authority of New York and New Jersey and FedEx, the bird strike caused the sudden ignition. Video showed the Boeing 767-3S2F heading back to the tarmac as flames spewed from the right engine around 8 am (local time) on Saturday. Two Port Authority fire trucks headed near the the plane as it landed and extinguished the blaze. Later, the National Transportation Safety Board announced that it initiated an investigation into the incident, New York Post reported. According to the flight data, the plane was forced to land at 8:07 am (local time), just nine minutes after the takeoff.

07.02 / 01:49

markets Waves Trade reports Diabetes and obesity drugs fuel Eli Lilly profit in the final quarter of 2024

Eli Lilly’s profit doubled in the fourth quarter, propelled by its hot-selling diabetes and obesity treatments, and the drugmaker debuted a mostly better-than-expected 2025 forecast

06.12 / 00:39

UPS Manufacturing 2020 Eli Lilly invests $3B to expand Wisconsin factory to help meet demand for Mounjaro, Zepbound

Eli Lilly is spending another $3 billion to bulk up manufacturing as the drugmaker seeks to stoke production of some blockbuster drugs and future products

04.12 / 16:35

markets UPS Food Research show testing patient Zepbound tops Wegovy for weight loss in Eli Lilly study

Shares of Eli Lilly climbed early Wednesday after the drugmaker detailed a study showing that its blockbuster weight-loss drug Zepbound helped patients shed more pounds than Wegovy from rival Novo Nordisk

28.11 / 08:01

markets Man Extreme Racing Moss show donates For Sale: $50 million Mercedes, $30 million Ferrari race cars

Indianapolis Motor Speedway Museum. The lots are part of a three-part auction series selling 11 autos owned by the museum.

16.11 / 12:11

markets Digital Airlines Strategy reports rights Bullet strikes Southwest Airlines plane without injuries at Dallas airport

No injuries were reported and law enforcement was contacted after the bullet struck the right side of the aircraft just under the flight deck. At the time, the crew of Flight 2494 was preparing the plane for departure from Dallas Love Field Airport, Southwest said in a statement. The Boeing 737-800 aircraft was «struck by gunfire near the cockpit» around 8:30 p.m. while taxiing before the flight to Indianapolis International Airport. The plane returned to the gate and the passengers exited, the Federal Aviation Administration said in a statement.

30.10 / 14:37

markets UPS Booking wellness Pharmaceuticals Eli Lilly’s third quarter earnings miss and forecast cut lead to sharp stock drop

Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations

06.10 / 01:57

Hollywood UPS Racing Matrix stars Sporting Keanu Reeves spins out of control in racing debut at Indianapolis Motor Speedway

Hollywood star Keanu Reeves made his professional auto racing debut on Saturday in an event in which The Matrix star spun out at famed Indianapolis Motor Speedway.

02.10 / 17:17

UPS Manufacturing Research medicines Drugmaker Lilly slates another $4.5B for manufacturing and drug development improvements

Eli Lilly is pouring another $4.5 billion into expanding drug manufacturing and development

27.09 / 22:03

markets FIVE BLOCK Career CEO Racing reports Michael Andretti hands over control of race team to business partner. Formula 1 plans in limbo

Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization

23.09 / 06:03

UPS Career Racing Fishing social rights Stray puppy that brought Hamlin bad luck stays after driver advances in NASCAR playoffs

CHARLOTTE, N.C. (AP) — The dog can stay — at least for another round of NASCAR’s playoffs.The future of little Lulu, the stray puppy Denny Hamlin’s daughters found under the Gateway Arch in St.

13.09 / 23:48

UPS CEO Racing Entertainment NXT Relationships Firestone remains Indycar's tire supplier under Bridgestone and Penske deal

Firestone will continue as the only tire supplier for all IndyCar racing under a long-term extension between Bridgestone America and Penske Entertainment

11.09 / 08:32

markets President War 2020 rights The most notable - and quotable - exchanges from the Harris-Trump debate

Harris and former President Donald Trump featured some sharp comments and memorable moments. Here are some of the most notable — and quotable — exchanges from Tuesday night's debate: «You're not running against Joe Biden. You're running against me.» — Harris, after Trump repeatedly criticized President Biden and his administration.

15.08 / 23:36

Action Basketball country stars Features Sporting Basketball's WNBA All Star Game 2025: Were will it be played, dates, how to watch in US

basketball in the country. With the recent victory of the men's basketball team at the Paris Olympics 2024, which clinched the gold medal for the fifth consecutive time, eyes are now set on the next big basketball events, including the upcoming WNBA All-Star Game, that is schedule for next year.

08.08 / 21:50

CEO wellness reports patient Mounjaro, Zepbound pour money into Eli Lilly, fueling a better-than-expected second quarter

Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4 billion in sales to the drugmaker

26.07 / 22:08

UPS CEO classical reports International Sporting Kamala Harris suits up in classic pumps for Zeta Phi Beta. Details here

Kamala Harris arrived at Indianapolis International Airport on Wednesday to deliver a keynote speech at Zeta Phi Beta Sorority’s Grand Boule event, her dress and shoes became the talk of the town. She was in a polished ensemble, highlighted by a pair of classic nude pumps. According to the 'Footwear News', Harris chose a pair of nude pump shoes that were timeless and strategic. These pump shoes are actually “power pumps,” and a quintessential power look, that symbolizes confidence and authority while maintaining a sleek and polished appearance.

13.07 / 13:23

FIVE Bill stars reports recommendations Equality Courts Former Indiana lawmaker accused of pushing casino bill in exchange for a job gets a year in prison

A former Indiana lawmaker accused of pushing a bill favoring a casino company in exchange for promises of employment has been sentenced to a year and a day in federal prison

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