Cigna says deal with Anthem may not happen this year
An analyst said the delay could be a sign of trouble for the acquisition.
Bloomberg News
Articles
Humana leaving some states over Obamacare losses
Humana Inc. is set to exit Obamacare markets in at least two states to stem financial losses, another sign of the struggles that health insurers face in the controversial program.
Trump’s job-saving pledge garners praise, skepticism in Indiana
Donald Trump has made a “100 percent” guarantee that if he’s elected president, Carrier Corp.’s plant in Indianapolis won’t move production to low-wage Mexico. The pledge has received a mixed reaction in manufacturing-heavy Indiana.
Who will win Indiana? Five research sites say Trump, Clinton
Front-runners Donald Trump and Hillary Clinton are strong favorites to post victories in Tuesday’s primary in Indiana, according to five different election-analysis sources.
In Indiana, the deal to stop Trump may be backfiring
The race in the state is shaping up to be a last stand not just for Cruz, but also for the “stop Trump” movement, an unlikely confederation of activists and party donors.
States, cities dishing out fewer tax breaks to companies
The drop comes in the face of a tough new accounting rule that will force governments to release more information about the deals and a presidential campaign that has both sides criticizing “crony capitalism.”
Trump’s 5-state sweep likely makes it Indiana or bust for Cruz
Ted Cruz is pouring his energies into Indiana in the hope that voters here give him a victory and keep his White House hopes alive. He plans two stops in Indianapolis on Wednesday, including a rally at Pan Am Plaza.
Gannett makes $815M bid for Tribune Publishing
The publisher of USA Today and the Indianapolis Star went public with an $815 million offer for Tribune, which owns the Chicago Tribune and Los Angeles Times.
Cruz says Indiana will be ‘pivotal’ in presidential election
Indiana is where Ted Cruz and groups opposing Donald Trump say they plan to make a stand to keep as many of the Hoosier State’s 57 delegates away from Trump and force a contested party convention in July.
Bristol-Myers drug tops Lilly’s Erbitux in cancer study
Bristol-Myers Squibb Co.’s blockbuster cancer drug Opdivo prolonged survival in cases of recurrent head and neck cancer, a first for patients with the harshest form of the disease who often face a bleak prognosis.
UnitedHealth to exit all but a few Obamacare states
UnitedHealth Group Inc., the biggest U.S. health insurer, said it expects to lose about $650 million on the Obamacare plans this year.
NBA owners OK advertising patches on jerseys
A three-year pilot program for the ads will begin in the 2017-18 season, which coincides with Nike replacing Adidas as the league’s official uniform supplier.
Cummins’ shares surge to six-month high amid oil rise
Cummins Inc.'s stock climbed after CNBC’s Jim Cramer cited the maker of heavy-duty engines as a potential gainer from a rally in oil and commodities.
Peabody, largest U.S. coal miner, seeks bankruptcy protection
Peabody Energy Corp., which filed for bankruptcy on Wednesday, has at least six mines in Indiana that employ more than 1,250 workers, including Bear Run Mine in Sullivan County, the largest surface mine in the eastern United States.
Pacific Sunwear files bankruptcy as shifting tides cut sales
Retailer Pacific Sunwear of California Inc., which operates 11 stores in Indiana, filed for bankruptcy protection Thursday after what it called years of management blunders.
Republic: Unsecured creditors to recoup less than 50 percent
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
Judge urges Staples, Office Depot to discuss $6.3B deal
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
NCAA title game viewership drops 37 percent in cable debut
The 77-74 thriller that ended with a three-point shot at the buzzer attracted 17.8 million total viewers on TNT, TBS and TruTv. That’s down from the 28.3 million who tuned in to the men’s college basketball title game a year ago.
Bipartisan trade secrets bill passed by U.S. Senate
The Senate easily passed a bill Monday allowing corporations to make a federal case of the theft of trade secrets, but a broader patent-law overhaul backed by businesses including Eli Lilly and Co. faces a rougher road.
Job openings in U.S. ease while hiring picks up
Still-abundant job listings, persistently low firings and steady hiring are the hallmarks of a gradually tightening labor market.