Apple becomes first U.S. company to hit $1 trillion market value
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
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Charles Koch says Trump tariffs could trigger U.S. recession
Billionaire industrialist Charles Koch, who leads a powerful policy and political network, said Sunday he worries President Donald Trump’s actions on trade and tariffs put the booming U.S. economy at risk.
Brookstone planning to shut down most stores after bankruptcy filing
In Indiana, Brookstone has stores in Circle Centre mall and at Indianapolis International Airport.
Facebook’s stock plunges as growth stalls; Zuckerberg loses $16.8B
CEO Mark Zuckerberg’s fortune tumbled Wednesday as Facebook shares fell 20 percent in after-hours trading.
FCC chair defends Sinclair decision after Trump calls it ‘disgraceful’
Federal Communications Commission Chairman Ajit Pai said he stands by his agency’s decision to send Sinclair Broadcast Group Inc.’s acquisition of Tribune Media Co. to an administration hearing.
In boardrooms or bars, apps translate for travelers
When you’re trying to communicate with a taxi driver in Tokyo or pick the right cold medicine in France, there’s only so much that rudimentary language skills, or a helpful concierge, can do to help.
Companies head for hearings to slow down tariffs on Chinese imports
Indiana-based Kimball Electronics said it might be forced to move manufacturing outside of the United States to avoid Trump’s tariffs on diodes and electric integrated circuits.
Obamacare fix in the works after risk payments halted
The Trump administration is preparing a regulation that would allow the resumption of billions of dollars in payments to health insurers in Obamacare, a development welcomed by Indianapolis-based Anthem Inc.
Trump says U.S. might have separate trade deal with Mexico
President Donald Trump said he may prioritize a bilateral trade deal with Mexico over Canada and that he’s building a good rapport with Mexican President-elect Andres Manuel Lopez Obrador.
Sinclair makes changes to Tribune deal to appease regulators
Sinclair Broadcast Group Inc. has offered to abandon or revise sales of TV stations in some markets after its proposed $3.9 billion deal to buy Tribune Media Co. met rebuke from regulators.
Sinclair-Tribune deal in jeopardy after FCC boss questions legality of plan
The proposed $3.9 billion acquisition would change ownership at Indianapolis-based stations WTTV-Channel 4 and WXIN-TV Channel 59.
Papa John’s further shuns founder, evicting him from offices
Papa John’s International Inc.’s board put further distance between the pizza chain and outspoken founder John Schnatter for using a racial slur.
Subaru seeing big demand for new super-sized SUV model
The Indiana-made sport-utility vehicle—which has 19 cupholders—has proven to be Subaru’s biggest product launch in more than two decades.
Record M&A activity has dealmakers wondering how long it’ll last
After an unprecedented five years of bumper activity, dealmakers are starting to sound a note of caution. But that isn’t likely to stop 2018 from becoming another record year for M&A activity.
Anthem could take big hit from halt to risk-adjustment payments
The Trump administration’s decision to suspend some Obamacare payments could help a few health insurers, but one of them isn’t going to be Indianapolis-based Anthem Inc., which stands to lose hundreds of millions of dollars.
Democrats planning long-shot bid to block high court nominee Kavanaugh
Senate Republicans are pledging a swift confirmation process that would put Supreme Court nominee Brett Kavanaugh on the bench before the new term opens Oct. 1—and there is little Democrats can do to stop them.
Trial of potential Alzheimer’s treatment shows rare positive results
While the ultimate outcome remains far from certain, the study is a bright spot—if a tenuous one—in the search for a treatment for Alzheimer’s, where more than 100 experimental drugs have failed.
EPA Chief Scott Pruitt resigns amid crush of scandals
A former coal lobbyist, Andrew Wheeler, will take over the agency as acting administrator on Monday, Trump said, Unlike Pruitt, Wheeler has a low-key approach, cultivated during decades of working in Washington.
Younger workers want more varied educational pathways, study finds
Educational background tops age, gender, disability, ethnicity, social status, sexual identity or orientation and religion as an area of diversity young workers say businesses should work on most, according to the survey of more than 12,000 millennials and Gen Z-ers from 36 countries.
Amazon makes $1B splash in health care by buying PillPack
The move represents a formidable challenge to pharmacy chains including Walgreens Boots Alliance Inc. and CVS Health Corp., the two largest drugstore chains in the United States.