Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn't enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.
The U.S. Environmental Protection Agency has asked a federal appeals court to vacate its approval of the Enlist Duo herbicide. The move could reduce the value of Dow Agro, which might be sold by parent Dow Chemical.
Republic Airways Holdings Inc. stock dove Monday morning after the Indianapolis-based company slashed its profit outlook and warned of more flight interruptions from an ongoing labor dispute with pilots.
Dow AgroSciences reported stagnant sales in the third quarter Wednesday morning on softer sales of crop-protection products. Meanwhile, parent company Dow Chemical beat expectations with its quarterly report.
The Indianapolis drugmaker said dulaglutide performed as well as Victoza, a best-selling drug for Type 2 diabetics made by Denmark-based Novo Nordisk. Analysts think dulaglutide could reach annual sales of $1.5 billion.