Anthem, Aetna defend acquisitions called harmful by hospitals
Anthem Inc. CEO Joseph Swedish and Aetna Inc. CEO Mark Bertolini will tell federal lawmakers Tuesday that the deals are necessary to succeed in a changing health-care landscape.
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Lilly’s heart study sets up showdown with Novo’s Victoza
Unprecedented results from a cardiovascular study on a diabetes medicine sold by Eli Lilly and Co. turns up the pressure on rival Novo Nordisk, which will release data from a similar study on its competing drug next year.
Lilly shares jump on latest data from diabetes drug
A diabetes pill called Jardiance sold by Eli Lilly and Co. cut deaths from heart attacks and strokes in thousands of patients, the first drug to show promise in helping subdue two of the world’s most rampant health epidemics.
Turkey breast prices jump after bird flu creates shortage
U.S. restaurants and retailers are facing a shortage of turkey-breast meat, with prices at a record high. The nation’s worst outbreak of avian influenza is to blame.
Indianapolis dog vies for national pet insurance award
Jackie, a terrier mix from Indianapolis who ingested the contents of a junk drawer, is vying with a tape-eating cat and other reckless animals for the most unusual pet insurance claim of the year.
‘Jock tax’ ruling delayed during appeal to U.S. Supreme Court
The Ohio Supreme Court has delayed its decision that struck down the way Cleveland taxes visiting professional athletes while the city appeals. At issue are challenges by retired Colts center Jeff Saturday and former Bears linebacker Hunter Hillenmeyer.
Subaru seen boosting U.S. production as sales surge
Subaru, which employs thousands of workers in Indiana at its Lafayette plant, may sell more than 600,000 vehicles in North America in 2015, five years ahead of its mid-term plan.
Drug-price increases slow as benefits managers get tough
A new analysis shows attempts by drugmakers to raise prices are being wiped out in negotiations with managers of drug insurance benefits like Express Scripts Holding Co. and CVS Health Corp.
Republic Airways shares rise as mediators set pilot meeting
Federal mediators set a Sept. 16 meeting that may rekindle contract negotiations with the Republic’s pilots union and help avoid a bankruptcy filing.
AMA: Anthem, Aetna deals threaten competition across nation
The market for health-insurance in the U.S. is already so highly concentrated that pending tie-ups among four of the country’s largest insurers risk hurting both consumers and doctors, the American Medical Association said.
McDonald’s all-day breakfast could increase egg shortage
Restaurants have already been struggling to get enough eggs following the worst outbreak of bird flu in U.S. history. With the world’s largest fast-food chain adding all-day breakfast, the strain is only going to increase.
Judge lets Brady play, ruling against NFL in ‘Deflategate’
A federal judge deflated "Deflategate" Thursday, erasing New England quarterback Tom Brady's four-game suspension. NFL Commissioner Roger Goodell said the league will appeal the ruling.
Republic stock rebounds after union shows willingness to talk
Republic Airways Holdings Inc. shares bounced back quickly Wednesday afternoon after the airline’s pilot union said it was ready to resume talks on a contract, easing investor concern of a possible bankruptcy.
Republic Airways stock in freefall after union decision
Shares in Republic Airways Holdings Inc. continued to plunge Wednesday morning on investor concern that a bankruptcy is possible after Teamsters officials declined to force a vote on the regional carrier’s final contract offer to pilots.
Experimental osteoporosis drug bests Lilly’s Forteo in study
The experimental medicine, called romosozumab, showed better results than Eli Lilly and Co.’s Forteo after 12 months, Amgen and UCB said in a joint statement Wednesday.
Republic squeeze worsens as pilot union lets local skip vote
Republic Airways Holdings Inc. may be moving closer to a possible bankruptcy after national Teamster officials backed a local pilot union’s decision against voting on the carrier’s final contract offer.
Finally, McDonald’s to start selling all-day breakfast nationwide
McDonald’s Corp. plans to start selling all-day breakfast across the U.S. on Oct. 6, aiming to reinvigorate sluggish sales by fulfilling a longstanding customer request.
UPDATE: U.S. stocks tumble as China slowdown deepens
U.S. stocks joined a worldwide selloff Tuesday amid continuing concerns that China’s slowdown will weigh on the global economy.
University endowment returns falling short this year
U.S. public-university endowments are reporting fiscal 2015 returns that fail to meet the annual industry standard.
Fed bankers still not ruling out September rate hike
Recent stock market turbulence hasn’t made members of the Federal Reserve abandon the idea of a slight rate increase as early as September.