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  • United Technologies: US probes Sikorsky on Navy contract
    Associated Press | July 24, 2015 1:07 pm

    The Justice Department has launched a criminal probe into allegations that subsidiary helicopter maker Sikorsky and two subsidiaries overbilled the Navy, United Technologies Corp. said Friday.

  • AT&T buys DirecTV, now biggest traditional TV provider in US
    Associated Press | July 24, 2015 1:07 pm

    Even as TV watchers increasingly go online, AT&T has become the country’s biggest traditional TV provider with its $48.5 billion purchase of DirecTV.

  • FDA OKs breakthrough cholesterol drug for high-risk patients
    Associated Press | July 24, 2015 1:07 pm

    The Food and Drug Administration on Friday approved a first-of-a-kind drug that lowers artery-clogging cholesterol more than older drugs that have been prescribed for decades.

  • Why the 2010 health care law led to insurance merger mania
    Associated Press | July 24, 2015 12:07 pm

    The health care overhaul law has reshaped the health insurance business, and one consequence is more than $100 billion in mergers and acquisitions over the last few years.

  • Transportation Chief: 5 Airlines probed for price-gouging
    Associated Press | July 24, 2015 11:07 am

    Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service.

  • Recalls this week: night lights, strollers, dressers
    Associated Press | July 24, 2015 11:07 am

    More than 140,000 night lights are being recalled because they can overheat and spark a fire. Other recalled consumer products this week include strollers with a foam piece that could be detrimental and dressers that need to be secured to a wall.

  • Glance: The new ‘Big Three’ of health coverage
    Associated Press | July 24, 2015 10:07 am

    Anthem Inc.’s $48 billion purchase of rival Cigna Corp. is set to create the nation’s largest health insurance company. The combination, in tandem with Aetna Inc.’s pending purchase of rival insurer Humana Inc., would leave three health insurers that would dominate the rapidly changing industry landscape in the U.S. Sluggish growth in traditional employer-paid health […]

  • Appeals court revives challenge to consumer agency
    Associated Press | July 24, 2015 9:07 am

    A federal appeals court on Friday revived a legal challenge to the Consumer Financial Protection Bureau, the federal office created to protect consumers in financial dealings with banks, lenders and credit card companies.

  • American Airlines beats 2Q profit forecasts
    American Airlines beats 2Q profit forecasts
    Associated Press | July 24, 2015 8:07 am

    Dramatically cheaper jet fuel helped American Airlines nearly double its second-quarter profit to $1.7 billion despite lower revenue.

  • EU regulator recommends 1st license for malaria vaccine
    Associated Press | July 24, 2015 7:07 am

    The European Medicines Agency has recommended approving what would be the world’s first licensed malaria vaccine, even though it’s only about 30 percent effective and its protection fades over time.