Articles

Republic Airways selling Frontier in $145M deal

Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.

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Shutdown orders issued as Congress misses deadline

For the first time in nearly two decades, the federal government staggered into a partial shutdown Monday at midnight after congressional Republicans demanded changes in the nation's health care law and President Barack Obama and Democrats refused.

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Lilly shares dip after cancer treatment misses goal

Eli Lilly said a potential breast cancer treatment missed its main goal in a late-stage study. However, the drugmaker will seek approval to use the treatment in stomach cancer patients after ramucirumab performed better in a separate study.

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