Business

Tuesday’s business headlines

The latest business headlines

INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.

Online sportsbook

PointsBet USA says it is providing online and mobile sports betting in the Hoosier state through a partnership with Penn National Gaming, which operates two Indiana Casinos.

Indiana is the third state for PointsBet, after Iowa and its home state of New Jersey.

It says it has the fastest product with the most bet types.

Eli Lilly

Lilly is spending big on TV ads.

Fierce Biotech reports Eli Lilly’s diabetes medicine Trulicity was the subject of $40 million worth of ads.

That wasn’t the most spend though – that went to Abbvie’s Humira.

One reason for the large amount this year is the Super Bowl.

CVS

To make sure those most vulnerable to the coronavirus don’t have to venture out, CVS pharmacy will deliver prescribed medications to customers for free.

The free home delivery will start “immediately.” The company said, adding that it’s the latest step the health company is taking to deal with the outbreak.

FDA fraudsters

Some are still trying to capitalize on the crisis.

The US Food and Drug Administration and the Federal Trade Commission issued warning letters to seven companies for selling products that fraudulently claim to prevent or treat coronavirus.

The letters cite the sales of teas, essential oils, tinctures and colloidal silver that have been falsely marketed for use against coronavirus.

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