Giant one-day stock rally met with hope, skepticism
One thing’s for sure, for investors who had been almost completely starved of good news all month, Wednesday brought it coursing back in a flurry.
Bloomberg News analysis
Articles
Worst day of an awful year leaves no corner of market unscathed
One of the toughest years for financial markets in half a century got appreciably worse Tuesday, with simmering weakness across assets boiling over to leave investors with virtually nowhere to hide.
Human unpredictability delays progress for self-driving car interests
There is growing concern among autonomous-vehicle backers that artificial intelligence capable of real-world driving is further away than many predicted just a few years ago.
‘No quick fix’ for Papa John’s, which was hurting even before racist slur by founder
Investors, for their part, sent a clear signal that they favor a Schnatter-less Papa John’s: Shares rose as much as 16 percent, the most in six years, on Thursday.
Wealthy Americans flood advisers to take advantage of tax law
The new tax law will be anything but simple for many affluent Americans, who are now inundating their accountants for advice.
Analysis: Is the Indy-based NCAA serious about gay rights?
As NCAA committees meet next week to discuss which cities will host championships through 2022, the organization finds itself in the middle of a national discussion on civil rights that will test its ability to influence public policy and its commitment to its own stated values.
High CFO turnover for retailers a sign of the times
The rapid turnover is a symptom of the quickly changing retail industry, as shifting consumer behavior demands new strategies from companies trying to keep up.
Analysis: Trump uses Carrier, Ford to send message to manufacturers
President-elect Donald Trump is reviving the persuasive art of “jawboning” as he uses the bully pulpit to strong-arm straying manufacturers. But for how long will it be effective, and is it in the long-term best interest of the economy?
Analysis: Diabetes drug price war likely to claim more casualties
Pharma giant Novo Nordisk announced Thursday that it is cutting 1,000 jobs after slashing forecasts for 2016, citing lower prices for diabetes drugs. Novo and competitors such as Indianapolis-based Eli Lilly will likely have to keep tightening their belts as prices and profit margins fall, experts say.
Finish Line realizing benefits of closing stores
Finish Line's experience highlights the important, but difficult, path forward for retail chains that had become addicted to new stores as the only way to fuel sales.
Pence’s record scrutinized ahead of Trump’s running-mate decision
The case for Mike Pence as running mate for Donald Trump is he’d bring credibility with evangelical Christians and Republican-elected officials across the ideological spectrum, constituencies with whom Trump’s reputation is shaky.
Ohio retail owner denies merger discussions with Kite Realty
Shares in WP Glimcher Inc. fell nearly 7 percent Monday after the Columbus-based retail landlord refuted reports it was involved in merger negotiations with Indianapolis-based Kite Realty Group Trust.
Lilly stock performs big despite analyst projections
Analysts have consistently given the Indianapolis-based company some of the lowest ratings among a group of 16 large drugmakers, but Lilly shares have been on a five-year rally.
S&P takes significant hit amid global stock rout
The Standard & Poor’s 500 Index fell into a correction Monday for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened.
Health insurer deal fever may spread to hospitals next
Seeing mergers like Anthem’s planned acquisition of Cigna Corp., hospitals could decide that striking deals of their own could improve their negotiating power over medical reimbursements.
Experts: Political move could help NCAA avoid more court woes
Analysts say the Indianapolis-based NCAA could ask Congress for an antitrust exemption that, coupled with some reform, would help the organization maintain the basic model of college sports.