Stocks sink again, leaving Wall Street with worst week since 2008
The market clawed back much of its intraday losses in the last 15 minutes of trading. Bond prices soared as investors sought safety, pushing yields to record lows.
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Stocks fall on Wall Street, head for worst week since 2008
U.S. stock markets saw more major declines Friday morning. Traders have been growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy, and soon.
Financial pain deepens as nearly 60 countries report coronavirus
If the disease known as COVID-19 becomes a global pandemic, economists expect the impact could be much worse, with the U.S. and other global economies falling into recession.
Pence’s handling of 2015 HIV outbreak in Indiana gets new scrutiny
President Donald Trump’s choice of Vice President Mike Pence to oversee the nation’s response to the new coronavirus threat is bringing renewed scrutiny to Pence’s handling of an HIV outbreak in southern Indiana when he was governor.
Stocks rise to records despite fears over virus from China
Health experts don’t know how far the virus will spread and how bad the crisis will get, yet stocks are rallying as if investors are expecting no more than a modest hit to the global economy.
Stocks rise on Wall Street, but China’s main market dives
Technology companies led U.S. stocks higher in midday trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak in China.
China readies cushion for virus shock when markets re-open
China’s central bank announced plans Sunday to inject 1.2 trillion yuan (about $173 billion) into the economy to cushion the shock to financial markets from the outbreak of the new virus when trading resumes Monday.
Delta, American Airlines suspend flights between U.S., China
Delta Air Lines and American Airlines are the first U.S.-based airlines to do so and join several international carriers that have stopped flying to China as the coronavirus outbreak continues to spread.
Feature film ‘Dark Waters’ tells story of Taft lawyer’s 20-year battle against DuPont
With the release of the feature film “Dark Waters” on Tuesday, the law firm Taft Stettinius & Hollister, which has offices in Indianapolis and eight other cities, is about to get the kind of publicity that money can’t buy.
IU Health earmarks $100M for new fund to address issues that lead to poor health
The Indianapolis-based health system said it has chosen four programs for the first round of grants after reviewing 47 proposals over a wide spectrum of needs.
Trump to pursue higher sales age for e-cigarettes
The logic for hiking the purchase age for cigarettes and other products is clear: most underage teens who use e-cigarettes or tobacco get them from older friends.
Juul halts sales of mint, its top-selling e-cigarette flavor, but not menthol
Underage vaping has reached what health officials call epidemic levels. In the latest government survey, 1 in 4 high school students reported using e-cigarettes in the previous month, despite federal law banning sales to those under 18.
Vaping has grown into full-blown health crisis in Indiana, panel says
Indiana health officials are investigating 30 cases of severe lung injury linked to vaping. Eight of those have been confirmed—most of them among individuals between the ages of 16 and 29. Earlier this month, the state confirmed the first death linked to vaping.
State health department receiving $21M grant to combat drug overdoses
Money will go toward such uses as collecting more timely data on overdoses treated at emergency rooms and enhancing the state’s prescription-monitoring program.
Indiana gives pharmacists more power to help smokers quit
Indiana has one of the highest smoking rates in the country—nearly one in five Hoosiers smoke. Now, a new statewide policy makes it easier for smokers to get medication to help them quit. But some people want state leaders to do more.
Boom in overdose-reversing drug tied to fewer drug deaths
Prescriptions of the overdose-reversing drug naloxone are soaring, and experts say that could be a reason overdose deaths have stopped rising for the first time in nearly three decades.
IBJ Podcast: This IU pediatrician is a health care myth buster
Should you avoid red meat? No. Should you strive for 10,000 steps a day? Not unless you just want to. So says Dr. Aaron Carroll, a pediatrician and researcher at the Indiana University School of Medicine who sees it as his life’s calling to debunk what he considers health myths and weak medical research.
Debunking medical myths all in a day’s work for IU’s Dr. Aaron Carroll
Carroll uses Twitter, a New York Times column, blog post, podcast, videos and books to publish his findings on just about any health issue he thinks needs explaining or correcting.
Indiana Blood Center getting new name in rebranding move
The organization, based on North Meridian Street, is changing its name to Versiti Blood Center of Indiana in a move designed to boost the identity of blood operations in five Midwest states.
McConnell proposes national minimum age of 21 for tobacco
Senate Majority Leader Mitch McConnell said Thursday his bill will cover all tobacco products, including vaping devices.