College endowments show losses in volatile stock market
A dozen funds that responded to requests for their returns for the first six months of fiscal 2016 showed an average loss of 3.8 percent. Indiana University’s loss was even larger.
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Dow Chemical sees weak agricultural sales continuing
Dow Chemical Co. said low commodity prices and currency fluctuations will continue to hurt sales to farmers this year, echoing the outlooks of Monsanto Co. and DuPont Co.
Simon agrees to buy $1.1B mall in Las Vegas
The pending deal would help the Indianapolis-based real estate firm solidify its retail holdings in the tourism mecca.
Obama considering Indiana native for U.S. Supreme Court
President Barack Obama is considering a woman who was born and raised in Greencastle to replace Justice Antonin Scalia on the Supreme Court, a person familiar with the matter said.
February manufacturing report tops expectations
Factory activity in February shrank less than predicted as gains in new orders and production provided signs that the beleaguered industry could soon stabilize.
Bombardier dealt blow by Republic’s bankruptcy filing
Bombardier Inc.’s embattled C Series program was dealt another blow after one of its largest customers, Indianapolis-based Republic Airways Holdings Inc., filed for creditor protection in New York on Thursday.
Dilemma for farmers: Which crop will lose least money?
A three-year plunge in prices has sent farm income to the lowest in more than a decade and left parts of the Midwest agricultural economy in recession.
Tesla battles General Motors over right to sell cars in Indiana
Tesla Motors Inc., which has long skirmished with auto dealers over its practice of selling cars directly to consumers, has accused General Motors Co. of being the driving force behind a bill to kick Tesla out of Indiana.
Anthem not entitled to $3 billion, Express Scripts says
Express Scripts Holding Co. said it’s still working to resolve its contract dispute with Indianapolis-based insurer Anthem Inc., which has claimed it should be getting much more in savings from the pharmacy benefit manager.
Teva closing in on $40B buy of Allergan generics unit
Teva’s acquisition will make it the world’s largest maker of generic medicines, giving it greater negotiating power with governments and private-health insurers.
Fresh Market shares jump after report Kroger could buy chain
The possible acquisition is not a complete surprise. Fresh Market has been trying to get someone to save it for months now, and Kroger has been on an aggressive acquisition spree.
Stocks continue plunge as investors fear global turmoil
U.S. stocks fell in midday trading Thursday, with the Dow Jones Industrial Average losing more than 300 points, as investors shunned risk worldwide.
Ethanol ‘train wreck’ seen getting worse with record supply
Record stockpiles of ethanol are forcing some biofuels producers into the ranks of energy companies that are slowing operations in the face of $30-per-barrel crude oil.
UPDATE: Final Obamacare enrollment hits 12.7M for 2016
About 12.7 million people signed up for policies under the Affordable Care Act, as enrollment accelerated during the final deadline week. More than 196,00 people in Indiana enrolled, including 90,546 consumers in the Indianapolis market.
Dow CEO: Chinese firm pursued Indy acquisition in 2010
The Chinese company that on Wednesday announced plans to buy Swiss ag-chemical giant Syngenta for $43 billion previously was a suitor of Dow AgroSciences, Dow Chemical's CEO said in an interview.
U.S. House passes bill to shelter munis from threat of bank rule
The U.S. House of Representatives approved a bill by a voice vote that would force banking regulators to classify investment-grade municipal bonds as liquid assets. The bill was written by Rep. Luke Messer, an Indiana Republican.
Aetna CEO has ‘serious concerns’ about Obamacare sustainability
The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers.
Obamacare will probably cost more in 2017, Anthem says
The Indianapolis-based insurer is eking out a small profit from selling policies to individuals under the Affordable Care Act, but many of its rivals aren’t.
Anthem profit falls well short of analysts’ expectations
The Indianapolis-based health insurer Anthem Inc. saw medical enrollment slip and overhead rise in the fourth quarter, pushing down profit by 64 percent. Shares fell more than 3 percent Wednesday morning.
Supreme Court asked to put brakes on Obama power plan
More than two dozen American states, including Indiana, asked the U.S. Supreme Court to put on hold President Barack Obama’s carbon dioxide-cutting Clean Power Plan after their request for a similar pause was rejected by a lower court.