Centene Makes $6.3B Bid for Fellow Insurer Health Net

Thursday, 02 July 2015 10:14 Written by
Medicaid coverage provider Centene is spending about $6.3 billion to buy fellow insurer Health Net, as managed care companies look to bulk up while adjusting to the federal health care overhaul. St. Louis-based Centene Corp. said Thursday it will pay a combination of cash and stock valued at $78.57, based on Wednesday's closing price, for each Health Net share. That's a premium of about 21 percent over Health Net's closing price of $65.06. The
Hazardous Chemical on Burning Train Prompts Evac of Up to 5,000
Thursday, 02 July 2015 10:07 Written by
The chemical that was being transported on the train that caught fire in Tennessee is called vinyl cyandide, and it has vapors that explode when exposed to fire, authorities said today. First responders ordered an evacuation of residences and businesses in a two-mile radius around where the fire started after midnight today in Maryville, Tennessee. Up to 5,000 people have been evacuated, according to Blount County Sheriff's spokesperson Marian O'Briant. The single tank car on
California cancer patient with amnesia identified by sister: NBC
Thursday, 02 July 2015 10:03 Written by
A woman with amnesia who has been undergoing cancer treatments since she was found semiconscious in Southern California has been identified by her sister after turning to social media in a bid to rekindle her memory and find her family, an NBC affiliate in San Diego reported on Thursday. Ashley Manetta, 53, never married and has sisters in Colorado and Maryland, according to NBC 7, which first reported on the woman's plight when she was
Can David Sweat's testimony be trusted?
Thursday, 02 July 2015 09:37 Written by
JUST WATCHED Can David Sweat's testimony be trusted? Replay More Videos ... MUST WATCH CNN Digital Exclusives (45 Videos) Can David Sweat's testimony be trusted?
US Stocks Rise for a Third Day Following Mixed Job Report
Thursday, 02 July 2015 09:35 Written by
U.S. stocks rose slightly in early trading Thursday as investors look over a mixed report on the job market. While payrolls grew overall, many people gave up looking for work and wage growth stalled. Bond prices rose. KEEPING SCORE: The Dow Jones industrial average rose 23 points, or 0.1 percent, to 17,781 as of 10:16 a.m. Eastern time. The Standard & Poor's 500 index gained three points, or 0.1 percent, to 2,080. The
Tornado hits outside Kansas City, Missouri, damaging buildings
Thursday, 02 July 2015 09:23 Written by
A tornado hit Lee's Summit, Missouri, outside Kansas City on Wednesday evening, causing damage to several buildings and overturning a fireworks trailer, the city's fire department said. No one was injured as several storms passed through the area including a tornado that touched down briefly near a high school and the police department, the fire department said. A second funnel was reported about an hour later a couple of miles away. In addition to the…
US Factory Orders Fell 1 Percent in May
Thursday, 02 July 2015 09:09 Written by
Orders to U.S. factories fell in May by the largest amount in three months, while a key category that signals business investment plans dropped for a second month. The Commerce Department says factory orders declined 1 percent in May from April, when orders retreated 0.7 percent. Orders in a category that serves as a proxy for business investment were down 0.4 percent after a 0.7 percent decline in April. Much of the weakness in
US Factory Orders Drop 1 Percent in May; Demand in Key Investment Category Also Down
Thursday, 02 July 2015 09:09 Written by
US factory orders drop 1 percent in May; demand in key investment category also down.
Thousands evacuated in Tennessee after freight train derails, catches fire
Thursday, 02 July 2015 08:52 Written by
CSX Corp said one rail car of a train derailed in Blount County, Tennessee and caught fire early on Thursday, prompting evacuations. The derailed car carried acrylonitrile, a product used in the manufacture of plastics, company spokeswoman Kristin Seay said in an email. The CSX train which was traveling from Cincinnati, Ohio to Waycross, Georgia has two locomotives, 45 loaded rail cars carrying mixed freight, and 12 empty rail cars. The Blount County Fire
No victims found at U.S. Navy Yard in Washington: local fire department
Thursday, 02 July 2015 08:52 Written by
WASHINGTON U.S. Park Police are responding to reports of an active shooter at Navy Yard in Washington, the Washington Post said on Thursday. It provided no other details. Reuters could not immediately verify the report, which comes amid heightened security concerns ahead of the U.S. Independence Day holiday weekend. Representatives for the Park Police could not be immediately reached. The Navy Yard, a military installation in the nation's capital, is the site of a 2013…

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