Wilson fractures vertebrae in crash with Legge in Indy 500 practice
Katherine Legge ran into the rear of British driver Stefan Wilson’s car, sending both skidding into the wall.
Associated Press
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No debt ceiling agreement, but Biden and McCarthy call talks productive
GOP lawmakers have been holding tight to demands for sharper spending cuts with caps on future spending, rejecting the alternatives proposed by the White House that call for reducing deficits in part with new revenue from taxes.
Ford CEO: Days of being all things to all people are over
Ford CEO Jim Farley says Ford will be competing differently, going for tailored ownership experiences rather than “jockeying for slivers of market share.”
Meta fined record $1.3B, ordered to stop sending European user data to U.S.
The social media company that owns Facebook might have to carry out a costly and complex revamp of its operations if it’s ultimately forced to stop the transfers.
Debt ceiling: Biden, McCarthy to meet Monday as negotiators ‘keep working’
Another round of debt negotiations has wrapped up at the U.S. Capitol. White House and House Republican staff met for 2-1/2 hours Sunday evening as talks appear to be narrowing on a 2024 budget year cap that would be key to resolving the standoff.
Alex Palou’s record run earns Ganassi third straight Indy 500 pole
Palou, who won on the road course race at Indianapolis Motor Speedway last weekend, put together the fastest four-lap pole run in history Sunday.
Graham Rahal bumped out of Indy 500 field by teammate Harvey
The Rahal Letterman Lanigan organization was in a terrible position headed into the last-chance qualifying session because all three of its full-time drivers were in the bottom four.
Twitter accuses Microsoft of misusing its data, foreshadowing possible fight over AI
Twitter owner Elon Musk has previously accused Microsoft and its partner OpenAI of “illegally” using Twitter data to develop sophisticated AI systems such as ChatGPT.
Bipartisan bill aims to require AM radio in new cars
The proposed “AM for Every Vehicle Act” arrives as more and more automakers say goodbye to AM radio in newer car models.
Fewer Americans apply for jobless benefits as labor market still showing strength
Since the pandemic purge of millions of jobs three years ago, the U.S. economy has added jobs at a breakneck pace and Americans have enjoyed unusual job security.
Walmart shines in rough retail environment, ratchets up outlook
Walmart reported strong first-quarter sales results as the nation’s largest retailer’s pledge of lower prices continues to draw budget-conscious consumers.
Federal Reserve officials split over what to do next to fight inflation
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes.
Supreme Court sides with Google, Twitter, but avoids ruling on broader protections
The justices unanimously rejected a lawsuit alleging that the companies allowed their platforms to be used to aid and abet an attack at a Turkish nightclub that killed 39 people in 2017.
EPA rule could force clean-up of toxic coal ash in landfills, power plant ponds
More than a third of coal ash sites are in five states, Indiana, Illinois, Ohio, Pennsylvania and Kentucky, according to data compiled by Earthjustice.
New rule targets college programs that leave grads with low income, high debt
The rule is expected to put many for-profit college programs in jeopardy. At not-for-profit colleges, it would have no effect beyond certificate programs, which often focus on career training.
Target see lower profit as theft, consumer caution grows
Target said theft is cutting into its bottom line and it expects related losses could top $1.2 billion this year after an estimated $700 to $800 million in losses from theft last year.
Graham Rahal wants father’s team to improve before deciding IndyCar future
The 34-year-old son of 1986 Indy 500 winner Bobby Rahal is in a contract year and said Tuesday he’d maybe retire if a competitive seat isn’t in his future.
ESPN announces ‘Pat McAfee Show’ will join afternoon lineup
McAfee, who punted for the Colts from 2009 to 2016, is owner of Indianapolis-based digital media production company Pat McAfee Inc.
‘Taco Tuesday’ trademark tiff flares anew between fast food competitors
Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark.
Retail sales up modest 0.4%, buoyed by online, dining spending
Consumers are facing plenty of challenges heading into the second half of the year from tightening credit to a weaker job market.