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Top News & Analysis Indiana

  • INDIANAPOLIS— An Indiana Senate panel gave preliminary approval Thursday to a bill backed by the state's investor-owned power utilities that critics contend is an effort to muscle out smaller companies from the emerging solar energy market. Brandt Hershman was approved by the Senate Utilities committee on an 8-2 vote. That could eventually eat away at the...

  • ELKHART, Ind. _ Patrick Industries Inc. on Thursday reported fourth-quarter profit of $13.6 million. Patrick Industries shares have risen 10 percent since the beginning of the year. Keywords: Patrick Industries, Earnings Report.

  • CARMEL, Ind. _ Baldwin& Lyons Inc. on Thursday reported fourth-quarter profit of $4.9 million. On a per-share basis, the Carmel, Indiana- based company said it had net income of 32 cents. Baldwin& Lyons shares have fallen almost 6 percent since the beginning of the year.

  • It was a rough Valentine's Day for the U.S. health insurance industry. Aetna said it was abandoning its planned $34 billion purchase of Medicare Advantage provider Humana early Tuesday. Then, later in the day, Cigna said it is suing Anthem to kill a $48 billion acquisition bid.

  • The moves announced separately by the Health and Human Services Department and the IRS don't amount to sweeping changes to the Affordable Care Act. That would fall to Congress, where Republicans are struggling to reach consensus over how to deliver on their promise to repeal and replace the health law. House Speaker Paul Ryan, R- Wis., is expected to present...

  • INDIANAPOLIS _ Angie's List Inc. on Wednesday reported fourth-quarter net income of $8.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Angie's List shares have dropped 23 percent since the beginning of the year.

  • INDIANAPOLIS— Health insurers Anthem and Cigna are now trading lawsuits instead of working together to salvage a shaky $48- billion buyout agreement. The two companies announced Anthem's plan to buy Cigna in 2015 a few weeks after two other insurers, Aetna Inc. and Humana Inc., announced a separate deal. Aetna and Humana announced Tuesday they were ending...

  • INDIANAPOLIS— President Donald Trump's pick to oversee Medicare and Medicaid advised Vice President Mike Pence on health care issues while he was Indiana's governor, a post she maintained amid a web of business arrangements— including one that ethics experts say conflicted with her public duties. The company holds a financial stake in the health care...

  • It was a rough day for the already-roiled U.S. health insurance market: One giant merger was abandoned, another is threatened by infighting, and a major insurer announced it will stop selling coverage on public exchanges in 11 states. Aetna said it was abandoning its planned $34 billion purchase of Medicare Advantage provider Humana early Tuesday.

  • Blue Cross- Blue Shield carrier Anthem Inc. is attempting to buy Cigna Corp. for $48 billion. The deal would have given Aetna the opportunity to significantly expand its presence in Medicare Advantage coverage, which involves privately run versions of the federal Medicare program for people who are over 65 or disabled. Regulators worried, in particular, about...

  • EVANSVILLE, Ind. _ OneMain Holdings Inc. on Monday reported fourth-quarter net income of $27 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 80 cents per share. Six analysts surveyed by Zacks expected $653.1 million.

  • The White House is not ruling out the possibility of rewriting Trump's Jan. 27 order in light of the actions by a federal judge in Seattle and an appeals court in San Francisco that put the directive on hold, an administration official said. Trump's order, which he has called a national security measure to head off attacks by Islamist militants, barred people from...

  • The White House is not ruling out the possibility of rewriting Trump's Jan. 27 order in light of the actions by a federal judge in Seattle and an appeals court in San Francisco putting the directive on hold, an administration official said. "SEE YOU IN COURT," Trump said in a Twitter post on Thursday after Thursday's ruling by a three-judge panel of the 9th U.S. Circuit...

  • The administration will continue to defend the executive order- both in the case that produced Thursday's ruling and possibly at the Supreme Court- and in more than a dozen additional lawsuits now moving through the U.S. court system. "SEE YOU IN COURT," Trump said in a Twitter post on Thursday after the ruling by a three-judge panel of the 9th U.S. Circuit Court of...

  • *U.S. Supreme Court ultimately likely to decide. Feb 9- President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate his executive order temporarily banning people from seven Muslim-majority countries from entering the United States. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled...

  • *U.S. Supreme Court ultimately likely to decide. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer any evidence that national security concerns justified immediately restoring the ban, which he launched two weeks ago. Shortly after the court issued its 29- page ruling, Trump tweeted: " SEE...

  • A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer any evidence that national security concerns justified immediately restoring the ban, which was launched late last month. The states of Washington and Minnesota challenged Trump's order, which had sparked protests and chaos at U.S....

  • Feb 9- President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate a temporary travel ban he had ordered on people from seven Muslim-majority countries. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer "any evidence" that national...

  • The 9th U.S. Circuit Court of Appeals ruling came in a challenge to Trump's order filed by the states of Washington and Minnesota. Trump's Jan. 27 executive order barred entry for citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen for 90 days and imposed a 120- day halt on all refugees, except refugees from Syria who are barred indefinitely.

  • President Donald Trump tweeted " SEE YOU IN COURT, THE SECURITY OF OUR NATION IS AT STAKE!"