Apple planning giant, lower-priced iPhone models, sources say
Apple Inc. is reportedly preparing to release a trio of new smartphones later this year, including the largest iPhone ever, after sales of the iPhone X failed to meet expectations.
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Gorsuch silent as divided Supreme Court spars over union fees
Members of the U.S. Supreme Court clashed sharply Monday over the right of public-sector workers to refuse to pay union fees, while the justice who will cast the deciding vote kept silent during an hour-long argument.
Roche’s struggling diabetes unit looks toward ‘monster’ for boost
Roche Holding AG—the Basel, Switzerland-based parent of Indianapolis-based Roche Diagnostics—has enlisted a little green gremlin to help rescue its diabetes business after a decade of declining sales.
Student-debt firms shielded from state probes in new federal plan
Student-loan debt collectors accused of misleading borrowers would get more protection under a proposal from the Trump Administration.
White House considering Indiana law as way to curb gun violence
The Trump administration is reviewing the idea of using restraining orders known as red flag laws to take firearms away from people considered dangerous. Officials are studying an Indiana version of the law.
Taco Bell overtakes Burger King as fourth-largest U.S. chain
The Mexican-themed chain eclipsed its burger rival in U.S. sales last year, becoming the fourth-largest domestic restaurant brand. The top three brands held on to their spots.
FDA opens new path for Alzheimer’s therapy as failures mount
The Food and Drug Administration proposal will create new opportunities for drugmakers after repeated failures from companies including Indianapolis-based Eli Lilly and Co.
Lexus tops vehicle dependability study for 7th straight year
The overall dependability of vehicles increased this year for the first time since 2013, thanks to improving quality.
Fed rate hikes squeezing even the nation’s hottest automaker
Subaru Corp., the only car manufacturer to boost U.S. sales every year in the last decade, is continuing to offer cheap financing on models even as rates rise, pinching margins in a plateauing market.
Kochs launch $4M campaign against Donnelly, McCaskill
The television and online ads are critical of Sen. Joe Donnelly of Indiana and Sen. Claire McCaskill of Missouri for voting against the federal tax overhaul.
Market’s turmoil could affect Federal Reserve’s rate decisions
The turbulence coursing through markets has raised speculation that Fed officials might decide to slow their pace of rate increases out of fear of upsetting the markets and possibly harming the economy.
U.S. poultry industry expanding as Americans eat more chicken
As if Americans didn’t have enough chicken on the menu already, production of the nation’s most popular meat is headed for the biggest growth spurt in more than a decade.
Secret discounts keep drug bills from soaring, middlemen say
Express Scripts Holding Co., one of the biggest pharmacy-benefits managers, says the drug-price deals it cuts behind closed doors are saving consumers a lot of money.
Dow drops more than 500 points as investors fret over higher interest rates
Strong jobs data that increased the likelihood the Federal Reserve will lift rates next month rattled equity investors who haven’t seen a week this bad in two years.
Prices for wings come back down to earth
Intense demand for chicken wings from a growing roster of retailers drove up prices last year. Restaurateurs like Buffalo Wild Wings are relieved that supply has normalized again, just in time for the Super Bowl.
Trump’s endorsement puts ‘Right to Try’ drug bill on fast track
The initiative, championed by Vice President Mike Pence when he was governor of Indiana, has been embraced by members of both parties. The latest bill was written by U.S. Senator Joe Donnelly of Indiana.
Anthem expects profit boost from tax cuts as health-industry shifts loom
Anthem Inc. reported a fourth quarter decline in operating profit Wednesday morning, but the Indianapolis-based company said it expects President Donald Trump’s corporate tax cuts to increase its 2018 earnings.
Amazon, Buffett, Chase team up to cut health care costs for workers
News on Tuesday that Amazon was forming a new company with JPMorgan Chase and Warren Buffett’s big-pocketed Berkshire Hathaway sent shock waves through the health care industry.
Falcons break rules for stadium food prices, pleased with response
When the Atlanta Falcons announced food prices at their new $1.5 billion stadium—$2 hot dogs and sodas, $3 nachos, $5 beer—fans loved it, and people in other cities are pushing their local ownership groups to follow suit.
Comcast internet growth makes up for cord-cutting defections
The nation’s biggest cable provider lost video subscribers for the third straight quarter, but 350,000 customers signed up for broadband service, helping the company top sales and earnings estimates.