Opioid-abusers on payroll create risks at workplace
Castlight Health, a benefits platform, estimates that opioid abusers cost employers nearly twice as much in health-care expenses as their clean co-workers—an extra $8,600 a year.
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Equifax to offer free credit locks for life, new CEO says
Under pressure in the wake of a massive data breach, Equifax Inc. said it will debut a new service that will permanently give consumers the ability to lock and unlock their credit for free.
Trump seeks 15 percent corporate tax rate, while plan calls for 20 percent
Republican tax negotiators are targeting a corporate tax rate of 20 percent, but there’s at least one potential obstacle: President Donald Trump, who wants a lower rate.
Key details of Trump tax plan could be announced in Indiana
Republican tax negotiators are targeting a corporate tax rate of 20 percent, according to two people familiar with the matter. That would be higher than President Donald Trump wants—setting up a key decision for the president on a top legislative priority.
U.S. holiday sales projected to jump as consumer jitters subside
E-commerce sales are expected to swell by 18 percent to 21 percent from November to January, compared with last year’s growth rate of 14 percent.
Toys ‘R’ Us files for Chapter 11 bankruptcy
The company filed Chapter 11 documents late Monday in U.S. Bankruptcy Court in Richmond, Virginia. The chain secured $3 billion in debtor-in-possession financing to stay open while it restructures, according to a company statement.
Trump push for U.S. jobs could spur boom in ‘corporate welfare’
Some analysts foresee a rush of new state-level subsidies and tax breaks as governors compete for any new facilities built by companies suddenly flush with newfound tax savings.
Walgreens tweaking Rite Aid deal to gain U.S. approval
The move that may be enough to resolve outstanding antitrust concerns and clinch U.S. approval for a deal the companies have been pursuing in different forms for two years, said people familiar with the matter.
Anthem expands Obamacare options in Virginia to fill holes
Anthem Inc. reversed course and said it will offer Obamacare plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage.
Some Toys `R’ Us vendors cutting shipments on bankruptcy fears
Some suppliers to Toys “R” Us Inc. have scaled back shipments to the retailer as it struggles to refinance debt and avoid a potential bankruptcy filing, according to people with knowledge of the matter.
Anthem weighs retreating from even more Obamacare markets
The Indianapolis-based health insurer is in talks with officials in some states ahead of deadlines later this month to decide whether to sell coverage in 2018, CEO Joseph Swedish said Tuesday.
Trump officials temper expectations for 15 percent corporate tax rate
Treasury Secretary Steven Mnuchin and Legislative Affairs Director Marc Short both said Trump is still committed to cutting the rate from 35 percent to 15 percent, but acknowledged the potential for compromise.
U.S. solar panel installers brace for first decline as rooftop demand slips
The solar industry is girding for a slowdown after a decade of double-digit expansion.
Whole Foods sees 25 percent jump in shoppers after Amazon cuts
Amazon.com Inc.’s splashy takeover of Whole Foods, complete with deep price cuts, did more than bring a surge of publicity to the chain: It boosted customer traffic.
Insurance stocks jump as Irma avoids worst-case scenario
Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm.
Lilly breast cancer drug results could challenge Pfizer pill
li Lilly and Co.’s experimental breast cancer drug abemaciclib, when combined with standard therapy, slowed the progression of tumors in patients with an advanced form of the disease.
Deadly Irma nears Florida as insurers face nightmare scenario
Damages could easily top $135 billion in Florida, with other economic losses pushing the price tag as high as $200 billion. Every county in the state could experience damaged roofs and power outages.
Equifax’s historic hack might have exposed almost half of U.S.
Hackers exploited a website application to access names, addresses, Social Security numbers and some driver’s license numbers of potentially 143 million consumers, Equifax said Thursday.
First income gain for U.S. farms in four years signals hope
Signs of stability have returned to the farm economy, and farmland values could rise 2.3 percent this year following a decline in 2016, federal data shows.
Harvey tough on Texas, but might have limited impact on U.S. economy
The disaster that’s still unfolding across the Gulf Coast of Texas will be crushing for the region, but experts say it is unlikely to cause long-lasting disruptions across the national economy.