WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Tesla tops 11,000 vehicles delivered in second quarter
(AP) — Electric car maker Tesla's second-quarter deliveries surged 52 percent to set a company record exceeding 11,000 vehicles. Tesla makes only one car, the Model S sedan, but CEO Elon Musk said last month he expects to begin deliveries of an SUV...
Jul 5, 2015 | 7:05 AM
Centene makes $6.3B bid for fellow insurer Health Net
Centene has jumped into the mix of managed-care companies scrambling to bulk up as the health care overhaul changes their business with a $6.3-billion bid for fellow insurer Health Net. The deal announced Thursday gives St. Louis-based Centene a...
Jul 5, 2015 | 7:05 AM
China stocks plunge as market rout deepens
HONG KONG (AP) — China's main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece's weekend austerity referendum. The market rout...
Jul 5, 2015 | 7:05 AM
FDA clears drug for leading form of cystic fibrosis
WASHINGTON (AP) — Federal health officials have approved a new combination drug for the most common form of cystic fibrosis, the debilitating inherited disease that causes internal mucus buildup, lung infections and early death. The Food and Drug...
Jul 5, 2015 | 7:05 AM
How the Dow Jones industrial average fared on Thursday
Stocks ended a tumultuous trading week with a slight loss on Thursday as investors sought safety ahead of an extended Independence Day weekend. Investors sold after the release of a downbeat report from the International Monetary Fund on Greece's...
Jul 5, 2015 | 7:05 AM
Bourbon boom: Kentucky inventory reaches 40-year high
"There's an ocean of spirits resting in Kentucky right now," said industry observer F. Paul Pacult, editor of the newsletter Spirit Journal. Straight bourbon whiskey ages in charred oak barrels a minimum of two years, though the average time to...
Jul 5, 2015 | 7:05 AM
Southwest says it has contract deal with flight attendants
DALLAS (AP) — Southwest Airlines says it has a tentative contract agreement with the union representing its flight attendants. The airline said late Thursday that the contract would run through May 2019 and includes pay raises, possible bonuses and...
Jul 5, 2015 | 7:05 AM
Company town? In Seattle, some fret over Amazon's growth
The online retail giant has brought tens of thousands of workers to its campus in the South Lake Union neighborhood, overtaken the University of Washington as Seattle's biggest employer and lined up enough office space to roughly triple its...
Jul 5, 2015 | 7:05 AM
Let's make a deal: mega-mergers drive M&A frenzy
The rush to merge has been driven by low borrowing costs and steady but unspectacular growth in the U.S. economy, which have sent CEOs hunting for new ways to expand sales and boost earnings. "The mega-mergers, the big deals, have come back into...
Jul 5, 2015 | 7:05 AM
Insurer Aetna agrees to buy competitor Humana in deal valued at $37B
HARTFORD, Conn. (AP) — Insurer Aetna agrees to buy competitor Humana in deal valued at $37B.
Jul 5, 2015 | 7:05 AM