INDIANAPOLIS — Eli Lilly is pouring another $4.5 billion into expanding manufacturing and development as the drugmaker rakes in billions from new product sales. The diabetes treatment maker said Wednesday that it will build a new center for advanced manufacturing and drug development a few miles from its Indianapolis headquarters. The company said its Lilly … Read more
BROOKLYN, Mich. — Concert promoter Live Nation isn’t responsible for the deaths of three young men who succumbed to carbon monoxide poisoning from a generator while camping at a Michigan music festival in 2021, the state appeals court said. Victims’ families said the small campsites at Faster Horses contributed to hazardous conditions. But the court, … Read more
ISLAMABAD — Malaysia’s prime minister arrived in Pakistan’s capital Wednesday on his first official visit which authorities say is aimed at strengthening ties between the two countries and boosting bilateral economic and trade ties. Anwar Ibrahim was received by Pakistani counterpart Shehbaz Sharif when his plane landed at an airport near Islamabad. He will hold … Read more
NEW YORK — U.S. stocks edged higher in a quiet Wednesday, and Treasury yields rose following an encouraging update on the job market’s strength. The S&P 500 finished virtually unchanged, a day after sliding from its record on worries about a possible widening of the fighting in the Middle East. The Dow Jones Industrial Average … Read more
WASHINGTON — Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 dockworkers that has shut down 36 U.S. ports from Maine to Texas. At issue is Section 206 of the Labor Management Relations Act of 1947, better known as the Taft-Hartley … Read more
WASHINGTON — The Department of Homeland Security announced Wednesday that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener, accusing both of being involved in the use of forced labor from China’s far-west region of Xinjiang. The action broadens the scope of the U.S. effort … Read more
Billionaire hedge fund manager Bill Ackman didn’t hold his tongue while watching the CBS News Vice Presidential Debate on Tuesday night. The founder and CEO of Pershing Square Capital Management made a series of X posts explaining why he thinks Republican nominee Sen. JD Vance (R-Ohio) outperformed Democratic nominee Minnesota Gov. Tim Walz. “JD Vance is whip … Read more
PA Media A former sub-postmaster serving life in prison for murdering his wife is seeking a fresh appeal of his conviction, arguing the Post Office Inquiry has shed new light on his case. Robin Garbutt was found guilty in 2011 of murdering his wife Diana at their home in North Yorkshire the previous year, but … Read more
Colombian government A section of Spanish galleon San José, which sunk off the Caribbean coast of Colombia in 1708 It has been hailed as the most valuable shipwreck in the world. A Spanish galleon, the San José, was sunk by the British off the coast of Colombia more than 300 years ago. It had a … Read more
Dockworkers striking at East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly rely on to make hamburgers due to limited domestic supplies, traders and industry members said. The labor strike blocks everything from shipments of automobiles to containers filled with Guatemalan bananas and Italian wine from loading or unloading at dozens of ports … Read more