Top News & Analysis Indiana

  • Dec 9- Johnson& Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company's Baby Powder and other talc-based cosmetics. Democrat Raja Krishnamoorthi, chairman of the House panel investigating concerns about cancer-causing asbestos in cosmetic talc and powders, said he was...

  • *Dec. 15 U.S.- China tariff deadline in focus. Dec 9- U.S. stocks pulled back on Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news, including a potential turning point in the U.S.- China trade dispute. China said on Monday that it hoped to make a trade deal with the United States as...

  • WASHINGTON, Dec 9- A new analysis of where "innovation" jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places. Between 2005 and 2017, industries such as chemical manufacturing, satellite telecommunications, and scientific research flocked...

  • AURORA, Colorado, Dec 5- Democratic presidential candidate Michael Bloomberg unveiled a plan on Thursday to allow victims of gun violence to sue manufacturers, force owners of assault weapons to register their weapons and require permits for all gun purchases. Senators Elizabeth Warren and Bernie Sanders, and South Bend, Indiana, Mayor Pete Buttigieg by...

  • NEW YORK, Dec 5- Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further developments in the hoped-for interim trade deal between the United States and China. "We're on hold until we see what happens on the trade front," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond,...

  • CHICAGO, Nov 22- U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.- China trade deal could be pushed back to next year, analysts said. Chicago Board of Trade January soybeans finished down 4 cents at $8.97 per bushel after dipping to...

  • CHICAGO, Nov 22- U.S. nearby soybean futures fell below $9 a bushel on Friday for the first time in nearly two months, pressured by improving crop weather in South America along with fears that an interim Sino-U.S. trade deal could be pushed back to next year, analysts said. As of 1:05 p.m. CST, Chicago Board of Trade January soybeans were down 5 cents at $8.96 per...

  • SAN FRANCISCO, Nov 19- Wall Street's reaction so far to Walt Disney Co's long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix Inc. On Monday, Disney rose 2.1% to $147.65, just shy of its record high close on Nov. 13, while Netflix climbed 2.6% to its highest close since August.

  • NEW YORK, Nov 15- When John Whittington shut his Morristown, Indiana, biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. A $1- per-gallon subsidy that had been propping up the industry since 2005 lapsed at the beginning of 2018 due to Congressional inaction, and his hopes for a swift...

  • *Trump comments fuel uncertainty about U.S.- China tariffs. CHICAGO, Nov 11- U.S. soybean futures fell to a one-month low and grain futures weakened on Monday as optimism faded over prospects for a trade deal with China. U.S. farmers and grain merchants have been hoping for a deal to ease the dispute that has slowed shipments of American farm products, including...

  • *Trump comments fuel uncertainty about U.S.- China tariffs. CHICAGO, Nov 11- U.S. grain and soybean futures weakened on Monday as optimism faded over prospects for a trade deal with China. U.S. farmers have been hoping for an interim trade agreement to ease the dispute that has slowed shipments of American farm products, including soybeans, grain sorghum and pork,...

  • NEW YORK, Nov 7- Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors. Among her picks are American International Group Inc, Wells Fargo& Co and CenterPoint Energy Inc, she said on Thursday at the...

  • A woman receives a flu shot at a Walgreens pharmacy in San Francisco.

    It's too early to predict how severe this year's flu season will be, but some early deaths have some doctors worrying it could be a bad one.

  • NEW YORK/ WASHINGTON, Nov 1- Democratic U.S. presidential candidate Elizabeth Warren on Friday proposed a $20.5 trillion Medicare for All plan that she said would not require raising middle-class taxes "one penny," answering critics who had attacked her for failing to explain how she would pay for the sweeping healthcare system overhaul. "That system is Medicare...

  • NEW YORK/ WASHINGTON, Nov 1- Democratic U.S. presidential candidate Elizabeth Warren on Friday proposed a $20.5 trillion Medicare for All plan that she said would not require raising middle-class taxes "one penny," answering critics who had attacked her for failing to explain how she would pay for the sweeping healthcare overhaul. The proposal to remake the U.S....

  • *Traders eye talks to reach interim U.S.- China deal. *U.S. sold, shipped soybeans to China last week- USDA. The most actively traded corn futures contract on the Chicago Board of Trade was down 3 cents at $3.87-3/ 4 a bushel at 12:10 p.m. CDT.

  • The private Maryland lab that found asbestos in Baby Powder under a contract with the FDA is run by a paid expert witness for J&J. He testified in a May 2018 deposition that testing he did in 2010 for the FDA showed no evidence of asbestos in Johnson's Baby Powder, helping to bolster the companys argument that its iconic brand is safe. Saldivars lab began testing...

  • Oct 25- The United Auto Workers union said on Friday its members ratified a new four-year labor contract with General Motors Co, ending the strike with the No. 1 U.S. automaker after 40 days. They also wanted to save factories in Ohio and Michigan GM had threatened to close. President Donald Trump demanded that GM save the Lordstown, Ohio, assembly plant that was...

  • DETROIT, Oct 24- Striking workers at General Motors Co factories in the United States finish voting on Friday on a proposed four-year contract that could end a 40- day strike that has cost the No. 1 U.S. automaker more than $2 billion, according to Wall Street. Workers at the Detroit- Hamtramck assembly plant ratified the contract on Thursday by a 3- to-1 margin,...

  • DETROIT, Oct 24- Striking workers at General Motors Co factories in the United States finish voting on Friday on a proposed four-year contract that could end a 39- day strike that has cost the No. 1 U.S. automaker more than $2 billion according to Wall Street. With about one-third of the United Auto Workers union votes counted as of Thursday morning, an estimated 55%...