The latest challenge to the Affordable Care Act focuses on federal subsidies that help lower-income consumers purchase plans, and the High Court’s decision could unravel the marketplaces created by the law.
Tiffany & Co. said Wednesday that a Dutch court has ruled in its favor and set aside an arbitration award the jeweler was ordered to pay in 2013 related to its failed partnership with Swiss watchmaker Swatch Group AG.
Dick’s Sporting Goods’ CEO said that Adidas is “a large and important partner,” a day after telling analysts his chain would take space from the German manufacturer’s products to make room for a new activewear line.
ITV signaled the completion of a multiyear plan to turn around its fortunes by returning hundreds of millions of dollars to investors and recording a profit increase boosted by its internationally growing production business.
CSX Corp. estimated its domestic coal shipments will decline at least 5% this year, though it still expects to achieve its growth targets amid continued growth in its merchandise and intermodal markets.
Creditors are voting on a bailout plan for the troubled Trump Taj Mahal, but the crucial ballots will be cast by federal judges in Philadelphia, who will decide the fate of the casino’s union contracts.