U.S. House votes overwhelmingly to prevent government shutdown
New Republican Speaker Mike Johnson was forced to reach across the aisle to Democrats when hard-right conservatives revolted against his plan.
Associated Press
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Advocates say White House slow to act as millions booted off Medicaid
If trends continue, as many as 30 million people could end up being dropped from Medicaid. The numbers dwarf the Biden administration’s initial projections.
Andretti’s Formula One effort boosted by GM plan to supply engines
General Motors said Tuesday it has registered with Formula One’s governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti’s bid to join the global motorsports series.
Supreme Court adopting code of ethics, but has no means of enforcement
The policy, agreed to by all nine justices, does not appear to impose any significant new requirements and leaves compliance entirely to each justice.
Stellantis to offer buyout, early retirement packages to 6,400 nonunion salaried workers
The automaker, formed in the 2021 merger of Fiat Chrysler and PSA Peugeot of France, said it is taking the action “to protect our operations and the company.”
Businesses push back on new rule that could make it easier to unionize
Critics say the new rule is an overreach by the labor-friendly Biden administration that undermines independent business owners. Some—including the American Hotel and Lodging Association—have already sued to block it.
Obesity drug cut risk of serious heart problems by 20%, study finds
The research is the first to document that an obesity medication can not only pare pounds, but also safely prevent a heart attack, stroke or a heart-related death in people who already have heart disease—but not diabetes.
First-of-a-kind nuclear project terminated in blow to Biden’s clean-energy agenda
Indiana lawmakers passed a law in 2022 that would allow electric utilities to build small modular reactors similar to the one called off by NuScale.
Powell reinforces Fed’s cautious approach toward further interest rate hikes
At the same time, in a panel discussion at the International Monetary Fund, Powell did not rule out another rate hike to help reduce inflation to the Fed’s 2% target level.
Abortion providers seek to broaden access to procedure in Indiana
Abortion providers and a pregnancy resource center sought a preliminary injunction Thursday to broaden the scope of a health or life exception to Indiana’s near-total abortion ban and to expand the sites where the procedures can be performed.
Census Bureau sees older, more diverse America in 2100 in three immigration scenarios
The population projections offer a glimpse of what the nation might look like at the next turn of the century.
Share of U.S. homes bought with cash hits highest level in nearly a decade
Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.
Amazon takes another shot at virtual health care services
The e-commerce giant says its Prime customers can now get quick access to a health care provider through a program that costs $9 a month or $99 annually.
General Motors says it’s only interested in entering Formula One with Andretti Global
General Motors plans to send a small group of executives to next week’s Las Vegas Grand Prix in hopes of jump-starting conversations with F1 and series owner Liberty Media about the Andretti application.
Hollywood actors strike ends as union reaches tentative deal with studios
At nearly four months, it was by far the longest strike ever for film and television actors.
Nextdoor lays off 25% of its full-time staff as neighborhood social network works to cut costs
A spokesperson for the company confirmed that almost 200 employees will be affected by the job cuts announced Tuesday.
Ohio votes to legalize marijuana for adult recreational use, passes abortion measure
Passage of Issue 2 makes Ohio the 24th state to allow adult cannabis use for non-medical purposes. Meanwhile, Ohio became the seventh state where voters decided to protect abortion access in the past year.
With EV sales growth slowing, Stellantis plans gas onboard charger for Ram brand
Stellantis, which has been slow to introduce fully electric vehicles in the U.S., is so confident in the new powertrain’s appeal that it plans to offer it in other vehicles.
Local broadcasts for Pacers, 14 other NBA teams to remain on Bally Sports
The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for the teams on Bally Sports through the end of this season.
WeWork seeks bankruptcy in stunning fall for firm once valued at nearly $50B
The office-sharing company once seen as a Wall Street darling had promised to upend the way people went to work around the world, but is now seeking Chapter 11 protection.