Business

Friday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Friday’s business headlines with Jane King.

Lilly in new partnership for autoimmune therapy

Eli Lilly and Co. will gain exclusive worldwide license to Rigel Pharmaceuticals Inc.’s autoimmune and inflammatory diseases treatment.

Rigel will receive an upfront cash payment of $125 million and then will get millions more if the drug meets certain goals.

Lilly wanted access to the drug because it is a new approach to treat various autoimmune, inflammatory, and neurodegenerative disorders.

American Airlines, JetBlue selling each other’s tickets

American Airlines and JetBlue started selling tickets on each other’s airlines.

The airlines later expect to expand the partnership to earn and burn benefits for each other’s frequent flyer programs.

The airlines say they need to be creative to get through the devastation of the pandemic.

Record solar, wind energy installed

Americans installed record amounts of solar and wind energy during the pandemic.

Installations of wind and solar power soared 61% over the previous year, with 33.6 gigawatts added to the grid in 2020.

That’s enough energy to power roughly 11 million homes for a year and nearly 50% higher than the previous record, set in 2016.

Many Americans ‘sheltering’ in jobs

Many Americans are “sheltering in” their jobs.

LinkedIn found 74% of workers say they are staying in their current role until the pandemic is over.

Many say they didn’t have the time or energy to make a job switch right now.

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