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  • RALEIGH, N.C.— Duke Energy Corp. CEO Lynn Good is getting a raise a year after the country's largest electric company confronted a coal ash spill that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals, the company said in a regulatory filing Monday. Duke Energy's board of directors approved raising Good's annual salary by $50,000...

  • HARRISBURG, Pa.— A new public school funding formula being considered by the Legislature would create winners and losers as it seeks a way to link the distribution of state aid more closely to need. Shrinking school districts that were previously spared aid cutbacks— many in western Pennsylvania— would see their share of aid come in lower under the proposed new...

  • Weather in the fertile grain belt of the United States is critical to prices and the flow of food around the world. Recent storms have dumped double the normal rainfall on much of eastern Missouri, Illinois, Indiana and western Ohio, MDA Weather Services said. Kent Hamm, a general manager of grain elevators in Illinois, said a buyer in Taiwan contacted him on Friday...

  • ANN ARBOR, Mich., June 26- From renaming an ice cream flavor to flying the gay movement's rainbow flag, many American corporations celebrated Friday's U.S. Supreme Court decision to legalize same-sex marriage and said it made good sense for their businesses. "We applaud today's U.S. Supreme Court ruling on marriage equality, which will help families across the...

  • INDIANAPOLIS— The Finish Line Inc.' s fiscal first-quarter profit rose as a key sales metric improved. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Eight analysts surveyed by Zacks expected $432.4 million.

  • *Wheat up as rain could impede U.S. harvest. Wheat rose on fears that storms could prevent the U.S. crop being gathered just as thousands of harvesters are rolling onto fields. Chicago Board of Trade July corn was up 1.06 percent at $3.80-1/ 4 a bushel at 0951 GMT after touching a session peak of $3.80-3/ 4, the highest since April 23.

  • Obama health care law survives second Supreme Court fight Thursday, 25 Jun 2015 | 10:12 AM ET

    WASHINGTON— The Supreme Court sent a clear message Thursday that President Barack Obama's health care overhaul is here to stay, rejecting a major challenge that would have imperiled the landmark law and health insurance for millions of Americans. The 6-3 ruling, which upheld financial aid to millions of low- and middle-income Americans to help pay for...

  • INDIANAPOLIS— Eli Lilly received some European legal backing for its top product, the lung cancer treatment Alimta, on Thursday when a British court upheld a patent protecting a vitamin regimen administered with the drug. Shares of the Indianapolis drugmaker climbing in premarket trading. Alimta brought in $2.79 billion in sales globally last year as...

  • WASHINGTON— Most Americans want the Supreme Court to side with the government when it decides whether the feds can continue subsidizing insurance premiums in all 50 states under President Barack Obama's health care law, according to polls in recent months. Five things to know about public opinion on the Supreme Court's coming decision on the health care law:.

  • NEW YORK— Orthopedic device makers Zimmer Holdings and Biomet say they've completed their $13.35 billion cash-and-stock combination. The company has taken the name Zimmer Biomet Holdings Inc. and will trade under the ticker symbol to "ZBH" on Monday. Zimmer Holdings Inc. agreed to buy privately-held Biomet in April 2014 for about $10.35 billion in cash and $3...

  • Indiana will defy Obama on climate change plan Wednesday, 24 Jun 2015 | 12:41 PM ET

    INDIANAPOLIS— Indiana will not comply with President Barack Obama's plan to battle climate change by requiring reductions in emissions from coal-fired power plants, Republican Gov. The proposal as currently written, known as the Clean Power Plan, will make Indiana electricity more expensive and less reliable and hurt economic growth in Indiana and across...

  • Tornadoes pummel Midwest; storms threaten 70M Tuesday, 23 Jun 2015 | 7:37 PM ET

    A storm is moving towards the Northeast, with destructive wind gusts stretching a threat from New England to Ohio, NBC News reports.

  • INDIANAPOLIS— The consumer reviews service Angie's List has filed a federal lawsuit against Amazon Local, accusing the Amazon.com subsidiary of stealing provider lists and other proprietary information. The lawsuit filed Friday in U.S. District Court Indianapolis where Angie's List is based alleges executives at Amazon Local, which bills itself as a...

  • Even as national retailers pull Confederate flags from shelves and websites after the shooting deaths of nine black church members in South Carolina, manufacturers that produce the divisive symbol say that sales are now surging. Amazon, Sears, eBay and Etsy said Tuesday that they would remove Confederate flag merchandise from their websites.

  • NEW YORK/ WASHINGTON, June 22- U.S. health insurer Anthem Inc on Monday dismissed concerns that buying smaller competitor Cigna Corp would be considered anti-competitive, even as antitrust experts said the combination would earn regulatory scrutiny. Anthem, which runs Blue Cross Blue Shield plans in 14 states, disclosed on Saturday that it had offered to buy...

  • Jill Hruby will take over next month as president and director of Sandia National Laboratories, one of the most high-profile positions in U.S. science with responsibilities that cover nuclear weapons, energy and environmental technology. Her appointment also makes her the first woman to lead any of the nation's three national security labs, Sandia, Los...

  • Anthem sees its more than $47 billion bid to buy rival Cigna as a way to muscle up on technology that helps consumers and to strengthen its rapidly growing Medicare Advantage business. Leaders of the Blue Cross-Blue Shield insurer reaffirmed on Monday their commitment to getting a deal done a day after Cigna shot down the idea in a letter delivered to Anthem's...

  • Fifth Third Bancorp cutting up to 100 branches Monday, 22 Jun 2015 | 7:42 AM ET

    NEW YORK— Fifth Third Bancorp plans to close or consolidate about 100 branches and has abandoned plans for 30 new ones. The changes will cost the company between $75 million and $85 million in impairment charges during the second quarter. As of March 31, the Cincinnati company had 1,303 full-service banking centers and 2,637 ATMs in Ohio, Kentucky, Indiana,...

  • Health insurer Cigna rejects Anthem takeover bid Sunday, 21 Jun 2015 | 5:49 PM ET

    Cigna's sharply worded rejection came just one day after Anthem went public with its cash-and-stock offer, which amounts to about $184 for each Cigna share or about an 18 percent premium on Cigna's closing stock price on Friday. Among them are Anthem's failure to address questions about possible regulatory hurdles and the massive breach of Anthem customer...

  • Anthem proposes to buy Cigna for $184 per share Saturday, 20 Jun 2015 | 2:37 PM ET

    NEW YORK— After getting the cold shoulder, U.S. health insurer Anthem Inc. said it's raising its offer to buy smaller rival Cigna Corp. for about $47 billion, including cash and stock. The offer represents a premium to Cigna's stockholders of 18 percent over Cigna's closing stock price on Friday. It said the bid also represents a premium of 35.4 percent based on the...