×

Top News & Analysis Indiana

  • *Nike shares surge 11 percent after Amazon program. *Nasdaq dips but posts best 1st- half since 2009. June 30- Major U.S. stock indexes ended a volatile week on a modestly high note on Friday, led by a surge in Nike shares, and the S&P 500 scored its biggest gain for the first half of the year since 2013 while the Nasdaq Composite's first-half gain was its best in eight years.

  • *Nike shares surge after results, Amazon program. *Nasdaq dips as biotechs decline. June 30- Major U.S. stock indexes on Friday ended a volatile week on a modestly high note, boosted by Nike's well-received quarterly report, with the S&P 500 tallying its best first half of the year since 2013..

  • June 23- Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach. District Judge Lucy Koh in San Jose, California, who is presiding over the case.

  • June 22- Tropical Storm Cindy was downgraded to a tropical depression on Thursday after reaching land near the Texas- Louisiana border, but heavy rains, flooding and tornadoes still threatened parts of several states, the U.S. National Hurricane Center said. The storm is expected to continue to weaken but still carry heavy rains as it moves over eastern Texas,...

  • TAIPEI, June 22- Foxconn, the world's largest contract electronics maker, is looking at six U.S. states including Wisconsin as locations for a display-making plant and would make a decision next month, top executives said on Thursday. The Taiwan- based company has been eyeing U.S. investments for some time, and Chairman and Chief Executive Terry Gou visited the...

  • NEW YORK, June 21- U.S. healthcare insurer Cigna Corp said on Wednesday it will continue to offer individual coverage under Obamacare for now while rival Anthem Inc announced it was shrinking its participation, amid uncertainty over the fate of the government-subsidized program. Wednesday was the deadline for insurers to submit to the government their 2018...

  • Joseph Swedish, chief executive officer of Anthem.

    The departures come on the heels of Anthem's announcement that it will effectively exit Ohio's Obamacare market in 2018.

  • June 21- Anthem Inc, which has urged lawmakers to commit to paying government subsidies for the Obamacare individual health insurance system, said on Wednesday it would reduce the number of individual plan offerings in Wisconsin and Indiana next year. The largest U.S. health insurer, which sells Blue Cross Blue Shield plans in 14 states including New York and...

  • NEW YORK, June 21- Mylan N.V. is best known for producing EpiPen emergency allergy treatments and generic drugs. These refined coal credits were approved by Congress in 2004 in order to incentivize companies to fund production of cleaner coal. Mylan is one of only a few public companies, and the only publicly-traded pharmaceutical maker, that uses these tax...

  • NEW YORK, June 20- A federal judge on Tuesday faulted the U.S. Consumer Financial Protection Bureau's apparent "indifference" toward how to distribute money left over from its 2015 settlement with Sprint Corp over unauthorized customer charges. District Judge William Pauley in Manhattan nonetheless rejected a request by the attorneys general of...

  • ELKHART, Indiana, June 20- While many politicians, including President Donald Trump, say the United States desperately needs more manufacturing jobs, this small industrial city has more than enough. Thats the case with Brandon Seitz. The rail-thin 32- year-old worked for 12 years on an assembly line at one of the local recreational-vehicle factories that have...

  • At a closed-door meeting last month, Arizona State University ecologist Leah Gerber presented a plan to U.S. Fish and Wildlife Service officials that would use a mathematical formula to direct government money away from endangered and threatened species she calls "over-funded failures" and toward plants and animals that can more easily be saved.

  • *Group of U.S. lawmakers calls India policy "dangerous". NEW DELHI, June 19- A group of U.S. lawmakers has backed medical device makers by urging India to reconsider its decision to cap prices of heart stents, raising the issue ahead of Prime Minister Narendra Modi's visit to the United States later this week. In a letter sent to the Indian ambassador to Washington last...

  • NEW YORK, June 16- Major U.S. stock indexes ended little changed on Friday even as Amazon.com' s $13.7 billion deal to buy upscale grocer Whole Foods roiled the retail sector and rocked shares of an array of companies including Wal-Mart and Target. Shares of Target, Walgreen Boots and Costco fell between 5 percent and 7 percent. "Its going to send a shock wave across...

  • *Wal-Mart, Target, CVS, Costco, Kroger hit hard. NEW YORK, June 16- U.S. stocks mostly edged lower on Friday as Amazon.com' s $13.7 billion deal to buy upscale grocer Whole Foods roiled the retail sector and wounded shares of an array of companies including Wal-Mart and Target. "It's disrupting a number of industries here, and that's what's causing the market problems,"...

  • Checking account

    American charitable giving in 2016 jumped nearly 3 percent from 2015 to $390 billion.

  • DETROIT, June 7- Delphi Automotive PLC will partner with Paris- based Transdev Group, a public transport service controlled by the French government, to develop an automated on-demand shuttle service in Europe, the companies said on Wednesday. In a joint statement, Delphi and Transdev will test driverless vehicles in Normandy and outside Paris, in advance of...

  • June 6- Anthem Inc, one of the largest sellers of Obamacare individual health insurance, will exit most of the Ohio market next year because of volatility and uncertainty about whether the government will continue to provide subsidies aimed at making the plans affordable, it said on Tuesday. Indianapolis- based Anthem has been reviewing participation in all 14...

  • WASHINGTON, June 6- About 60 small business owners and a representative from retailer Big Lots will hold meetings with members of Congress this week in an effort to oppose a proposed' border adjustment tax', organizers said. The meetings, which will begin on Tuesday and conclude on Thursday, will include lawmakers and staff from several states including Arizona,...

  • WASHINGTON, June 6- About 60 small business owners and a representative from retailer Big Lots will hold meetings with members of Congress this week in an effort to oppose a proposed' border adjustment tax', organizers said. The meetings, which will begin on Tuesday and conclude on Thursday, will include lawmakers and staff from several states including Arizona,...