Many senators who voted this week to block EPA coal rules received healthy campaign donations from coal industry interest groups.» Read More
July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...
July 2- U.S health insurer Aetna Inc is nearing an agreement to buy rival Humana Inc for about $34 billion in a cash and stock deal, people familiar with the matter told Reuters on Thursday. One person said Aetna's offer would value Humana at about $230 per share and that a deal could be announced as early as Friday. A $230 per share offer would be at a premium of nearly...
NEW YORK, June 25- The U.S. hospital and health insurance industries breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Health economists have estimated $15 billion to $22 billion in healthcare spending was at risk with the decision.
June 25- Oil and natural gas producer Magnum Hunter Resources Corp said it expected to raise $600- $700 million by selling its 45.53 percent stake in its natural gas gathering subsidiary, Eureka Hunter Holdings. Magnum Hunter had $13.7 million in cash and cash equivalents and total debt of $951 million as of March 31, according to Thomson Reuters data.
The Mountain State has low business costs, but also a mountain of regulations and a persistent lack of innovation.
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. Besides the possible Anthem deal, Humana Inc is considering a sale, possibly to Cigna or Aetna Inc, a source...
WASHINGTON, June 4- Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration's new clean air regulations and denouncing its promotion of renewable fuels. "Our team will examine all aspects of bonding and self-bonding," said Chris Holmes, a spokesman for the Office of Surface...
The US is split over right to work laws—literally. Exactly half of the 50 states are right-to-work states—the next will tip the balance.
Coal-firing electricity plants are closing all over the US, and jobs are going with them. Can other energy sources make up for the losses?
Check out where the highest and lowest property tax rates are in America. NBC News reports.
Some utilities are pushing back against the growing number of customers who use solar technology to generate their own electricity.
Monday's derailment of a CSX train has reignited the debate about the cheapest and safest way to move oil across the country.
A train carrying crude oil derailed in southern West Virginia on Monday sparking a house fire and threatening the water supply.
Newly empowered Republicans are wasting no time in their agenda, with a push to revive the Keystone XL Pipeline bill.
Voters go to the polls for midterm congressional elections Tuesday, but just 10 states will decide the most important result.
While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.
Value-conscious consumers are always on the prowl for bargains. Here's a look at the states that offer the lowest cost of living.
States have rebounded strongly from the recession, but some long-time laggards still can't create a business-friendly environment.
The cost of living here is among the lowest in the country, but is it worth plowing through the Mountain State’s rugged business rules?
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads.