Heft not enough to justify insurer deals, top DOJ lawyer says
Assistant Attorney General William Baer said that consumer choice is a bigger priority than health companies’ desire to add market share and gain leverage over providers like hospitals.
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Surviving U.S. power plants will help keep coal demand steady through 2016
Power plants with a total of 23 gigawatts of coal-burning capacity will close this year as utilities strive to meet federal limits on mercury and other air toxins but American will still use 773 million tons of coal in 2016, the same as this year.
Public colleges lift the bar on fundraising campaigns
Public U.S. colleges are growing more ambitious in the philanthropy race with multi-billion campaigns. An Indiana philanthropy expert says doing so could give lawmakers an excuse to further cut appropriations for higher education.
Pinnacle’s $4.7B casino sale faces challenge at Indiana hearing
Pinnacle Entertainment’s proposed sale of its casinos to Gaming & Leisure Properties is being opposed by a union that will ask the Indiana Gaming Commission to reject the plan, saying the deal would give the company more casinos than state law allows.
Doctor group asks regulators to block health insurer mergers
Anthem Inc. shouldn’t be permitted to buy Cigna Corp. and Aetna Inc. should be blocked from acquiring Humana Inc., the American Medical Association said in a letter Wednesday to the head of the Justice Department’s antitrust division.
Crop prices fall as U.S. boosts soybean, corn outlook
Crop prices dropped after the latest forecasts from the U.S. government showed soybean production will rise to a record and corn output will be more than analysts expected.
MBA programs moving closer to gender parity
More than a half-century after top universities began admitting women to their MBA programs, business schools are finally catching up to law and medical schools in gender parity.
VW struggling to keep dealers happy as scandal widens
Volkswagen AG’s goodwill offer of $1,000 to the owners of cars caught in the emissions scandal comes as the company wages a behind-the-scenes effort to soothe another powerful constituency: its U.S. dealers.
Cheap hams could steal the show from turkeys this Thanksgiving
This year’s bird-flu outbreak in the U.S. means turkeys will be more expensive for families sitting down this month for their Thanksgiving meal. But domestic pork supplies are at records, driving down prices.
Republic facing turbulence despite new labor pact with pilots
Amid the restructuring of flying contracts, Republic Airways executives clearly signaled that Chapter 11 (dubbed Plan B inside the company) remains an option if more lucrative deals with the Big Three airlines (Plan A) can’t be reached.
Adidas offers to help schools change ‘offensive’ names
The world’s second-largest sporting goods maker announced a nationwide initiative to provide financial assistance and design resources to any U.S. high school open to a change.
Fed’s most powerful trio keeps December rate rise on table
Federal Reserve Chairwoman Janet Yellen and New York Fed President William Dudley said the central bank could boost interest rates as soon as next month, while Fed Vice Chairman Stanley Fischer voiced confidence that inflation isn’t too far below the goal.
Keystone XL pipeline developer asks U.S. to suspend review
Keystone XL has become one of the most contentious energy issues of Barack Obama’s presidency, and the pause would allow him to put off a tough decision on an issue that has divided key Democratic constituencies.
Obama calls for second chances, lighter sentences
A bipartisan movement to cut prison sentences for nonviolent drug crimes and make it easier for ex-offenders to find employment could get caught up it presidential politics.
FanDuel sued by former Colt over use of name, image
Pierre Garcon, who now plays for the Washington Redskins, and his lawyers accused the Manhattan-based FanDuel of exploiting him and other National Football League players to grow its business.
Big insurers remain upbeat about fledgling ACA exchanges
Slipping enrollment has done little to shake the faith that the nation's biggest health insurers, including Anthem, have placed in the Affordable Care Act's public insurance exchanges.
Elanco president makes case for juiced-up cows in organic age
Jeff Simmons is on a counteroffensive as, increasingly, the drugs that Elanco makes—including antibiotics and productivity enhancers—have come under attack by food activists.
Anthem shares fall as Obamacare slump weighs on outlook
Shares in Anthem Inc., the nation's third-largest health insurer by market value, dropped Wednesday after the company’s 2015 profit outlook fell short of estimates.
EPA’s clean-power initiative under renewed attack by states
The regulatory package known as the Clean Power Plan officially became U.S. law Friday. It was immediately challenged by 24 states in a U.S. appeals court filing that included Indiana.
Obama officials resist call to release mortgage giants
The U.S. owns nearly 80 percent of Fannie Mae and Freddie Mac, and investors have been pressing the administration to unwind a 2012 decision to sweep their profits to the Treasury Department.