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  • The U.S. Department of Justice sued on July 21 to block both Anthem's deal and another proposed insurer combination, Aetna's $34- billion purchase of Humana. The biggest is UnitedHealth Group. Companies like Electrolux and Halliburton have chosen to walk away from their proposed deals after facing recent Justice Department lawsuits.

  • Treasury on Wednesday expanded its hunt for international criminals who launder money through real-estate deals by ordering title insurance companies to report all-cash buyers' identities in parts of California and Texas, as well as greater swaths of New York and Florida. Starting in August, it will also reach into New York's boroughs, Florida's Broward and...

  • LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

  • *Abe's stimulus plan for Japan raises bets on BOJ action. NEW YORK, July 27- U.S. They briefly narrowed the spread between shorter-dated and longer-dated yields to the tightest level since March 2015, according to Tradeweb.

  • *Abe's stimulus plan for Japan raises bets on BOJ action. NEW YORK, July 27- U.S. They briefly narrowed the spread between shorter-dated and longer-dated yields to the tightest level since March 2015, according to Tradeweb.

  • Treasury on Wednesday said it was expanding the scope of its program targeting money laundering through real estate purchases to include all New York City's boroughs, Florida's Broward and Palm Beach counties, and Los Angeles, San Francisco, and San Diego in California, as well as San Antonio in Texas.

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged on weak demand during the peak summer driving season. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of falling 2.3 million barrels as forecast.

  • July 27- Wall Street rebounded from earlier lows on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed was not expected to move interest rates at its two-day meeting, ended on Wednesday, but investors have been anxious for hints about when an increase might come...

  • NEW YORK/ LONDON, July 27- Gold extended its climb above $1,330 an ounce on Wednesday after the U.S. Spot gold was up 0.9 percent at $1,331.20 an ounce by 2:42 p.m. EDT. "Gold has defied the marginally hawkish tone of the FOMC statement turning higher and pushing for a close above $1,335, which could prophesy the return of bullish sentiment," said Tai Wong, director of...

  • TREASURY EXPANDS ORDER TARGETING MONEY LAUNDERING THROUGH ALL-CASH REAL ESTATE PURCHASES TO NEW YORK CITY BOROUGHS, TWO FLORIDA COUNTIES, THREE CALIFORNIA METROS AND SAN ANTONIO AREA OF TEXAS.

  • July 27- Eli Lilly& Co will likely step up the pace of making deals with other drugmakers while aggressively developing new drugs on its own, the company's newly appointed chief executive said on Wednesday. Company veteran David Ricks will become CEO on Jan. 1, after John Lechleiter, 62, retires by year-end, the Indianapolis- based drugmaker said.

  • Shares of the company, in which Deutsche Telekom holds a majority stake, rose as much as 2 percent to a nine-year high of $45.87 in morning trading on Wednesday. Under Chief Executive John Legere, T-Mobile has rolled out offers including free data for its users who play the popular smartphone game "Pokemon Go," its free video streaming service "BingeOn" and "T-Mobile...

  • ALBANY, N.Y.— New York state committed last year to generating half of its energy from renewable sources by the year 2030.. On Long Island, regulators will soon vote on a plan to authorize the largest offshore wind farm in the United States. In Albany, the state's Public Service Commission is considering a series of big subsidies for upstate nuclear power plants to...

  • NEW YORK— Shares of drug developer Kadmon Holdings tumbled Wednesday after its initial public offering priced far below the company's estimates. Kadmon Holdings Inc. shares closed down $2.30, or 19 percent, at $9.70. Kadmon was founded in 2010 by Samuel Waksal, who was its chairman and CEO while it was a private company, and its current president and CEO is his...

  • July 27- Wall Street cut losses on Wednesday after Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed had not been expected to move interest rates at its two-day meeting but investors have been anxious for hints about when a hike might come following concerns about potential...

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of...

  • July 27- Health insurer Anthem Inc on Wednesday vowed to fight U.S. government efforts to block its planned acquisition of Cigna Corp and said it expects to lose money this year on its business selling individual health coverage under President Barack Obama's healthcare law. Anthem has argued that its planned $45- billion purchase of Cigna will give it...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to two sources familiar with the matter. Still, AB InBev's U.S.-listed shares fell nearly 4 percent and shares of Molson Coors, which is set to take over SAB's...

  • NEW YORK, July 27- Oil prices tumbled as much 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • Assistant Public Defender Mark Gombiner said it was a "sad story" that his client, Sean Stewart, was on trial because his father, Robert Stewart, "ended up betraying his son." Attorney Brooke Cucinella said the government will prove Sean Stewart gave insider tips to his father in advance of five separate mergers and acquisitions of healthcare companies over four...