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Tuesday’s business headlines

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

Oil prices

The U.S. granted waivers to China and some other countries so they could keep buying Iranian oil.

Also, U.S. production is strong enough that there’s not a worry that sanctions against Iran will hurt supply.


Eli Lilly says it’s diabetes drug reduced heart risks in a trial.

Reuters reports that Trulicity significantly reduced the risk of heart attack, stroke and heart-related death in a broad range of people with Type 2 diabetes.

it said it will disclose the full results at teh American Diabetes Association meeting in June and plans to submit the data to regulators for review next year.

That means regulators may allow Trulicity to be promoted for heart safety at some point.


The Wall Street Journal says Amazon may split its second headquarters between two cities.

This means each city would get 25,000 workers and would split the $5 billion investment.

Reports say three cities remain – Chrystal City, Virginia, Dallas and New York City – but none of this has been confirmed by Amazon.

Fast food

Senior citizens are the not new fast food recruits.

Bloomberg reports as Americans live long and the job market stays competitive, fast food chains are increasingly recruiting from senior centers, churches and aging advocacy groups like AARP.

Employers says seniors have more polished social skills – whereas teens are stunted from growing up online with fewer real world interactions.