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.
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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.
New oil refinery co-owned by Calumet off to tough start
The shale boom is threatening to ruin a renaissance in small refineries, known as teapots, before it even begins.
Blizzard bearing down on eastern U.S. snarls airports, closes offices
At least 50 million people are in the path of a potentially catastrophic winter storm that already is paralyzing transportation and shutting down public services.
U.S. stocks sink again as oil prices continue decline
U.S. stocks tumbled Wednesday morning, with the Dow Jones Industrial Average dropping almost 500 points, following a renewed selloff across stocks worldwide as skepticism about the strength of the global economy intensified.
FanDuel agrees to pay for image rights, NFL players union says
The accord announced Tuesday follows a confidential settlement of a lawsuit filed against FanDuel in October by former Indianapolis Colts wide receiver Pierre Garcon, who accused the site of using his name and image without his permission.
U.S. to limit Obamacare sign-up periods to help insurers
The U.S. government will limit a process that allowed people to sign up for health insurance under Obamacare outside of the normal enrollment period, after insurers complained that the special periods were letting people into the program only when they got sick.
Officials hope rapid action contains Indiana turkey flu outbreak
The U.S. Department of Agriculture has quarantined and destroyed hundreds of thousands of turkeys and chickens in Indiana in an effort to avoid a repeat of last year’s outbreak that cost the industry $3.3 billion.
Anthem seeks $3B more in drug savings from Express Scripts
Anthem, which contracts with Express Scripts to manage drug costs for its members, said the pharmacy manager should be passing along about $3 billion a year more in the savings it negotiates from drug companies.
Farm boom fizzles as crop surplus expands financial strain
While many growers remain profitable, the global commodity slump is increasing pressure on a Midwest economy that was largely shielded from the worst of the financial crisis by high crop prices and land values.
Mandatory union fees cast in doubt at U.S. Supreme Court
Five of the nine justices hinted that they were poised to let government workers refuse to fund the cost of collective bargaining. That step would be a blow to public-sector unions, which account for almost half the country’s unionized workers.
Stock woes continue as China turmoil sparks global selloff
The Standard & Poor’s 500 index slid 2.4 percent on Thursday, to close at 1,943.09, falling to its lowest point since Oct. 1 in the worst start to a year in data going back to 1928.