Report: Charitable giving drops for only the 4th time in 40 years
The decline comes at a time when many not-for-profits, especially ones providing services to those in need, report an increase in requests for help.
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Gannett sues Google and Alphabet, claiming they have monopoly on digital advertising
The largest U.S. newspaper publisher by total daily circulation alleges in the suit that Google controls how publishers sell their ad slots and forces them to sell an increasing amount of ad space to Google at lower prices.
Indianapolis hospital eliminates noncompete clauses for doctors
Indiana legislators passed a law this year barring primary care physicians and employers from signing noncompete clauses Eskenazi Medical Group’s move goes further.
More than 1M people dropped from Medicaid as states start purge of rolls
Some states are moving swiftly to make Medicaid eligibility determinations following the end of the coronavirus pandemic.
Microsoft: Disruptions to Outlook, cloud platform were cyberattacks
Microsoft said the attackers were focused on “disruption and publicity” and likely used rented cloud infrastructure and virtual private networks to bombard Microsoft servers from so-called botnets of zombie computers around the globe.
Eviction filings 50% higher than in pre-pandemic in some cities as rents rise
After a lull during the pandemic, eviction filings by landlords have come roaring back, driven by rising rents and a long-running shortage of affordable housing.
Power shoves Dixon, blasts track and Grosjean on Road America qualifying day
Reigning IndyCar champion Will Power unloaded on fellow drivers and the track Saturday following a brutal collision during practice and then a poor qualifying result.
NCAA committee recommends dropping marijuana from banned drug list for athletes
The proposal released Friday would mark a big change for the NCAA, which has been conducting drug tests at championship events since 1986.
Federal judge temporarily blocks much of Indiana’s ban on gender-transition care for minors
U.S. District Court Judge James Patrick Hanlon wrote Friday that he was blocking the law from taking effect because its opponents had demonstrated potential irreparable harm to those undergoing treatment and shown “some likelihood of success” in arguments that it was unconstitutional.
White House announces nearly $1B in grants to expand internet access
The so-called middle mile grants are meant to create large-scale networks that will enable retail broadband providers to link subscribers to the internet.
FDA advisers endorse updating COVID vaccines to target latest omicron strain
On Thursday, the Food and Drug Administration’s scientific advisers said the next round of shots in the U.S. should only include protection against the newest variants that are now dominant worldwide—a branch of the omicron family tree named XBB.
Housing slowdown leads to first annual drop in U.S. homeowner equity since 2012
All told, U.S. homeowners with a mortgage lost a combined $108.4 billion in home equity between the first quarter of last year and the first three months of 2023.
FDA advisers consider changing COVID vaccine to target latest omicron strain
COVID-19 vaccines are on track for a big recipe change this fall. Regulators will be making their best guess which strain to include, just like they do every year in setting the recipe for the fall flu vaccine.
Number of Americans filing for jobless claims elevated for second straight week
The four-week moving average of claims, which flattens some of the week-to-week fluctuations, rose to its highest level since November 2021.
Retail sales rise 0.3%, helped by stronger sales at auto dealers
Spending increased at online retailers and at restaurants and bars. Department stores, electronic stores, and furniture stores also posted increases.
Fed Chair Powell sees progress on inflation, though not enough
Chair Jerome Powell offered a nuanced view Wednesday of how the Federal Reserve intends to address its core challenge at a time when inflation is both way below its peak but still well above the central bank’s 2% target.
Ex-congressman Buyer seeks to avoid prison for insider trading conviction
Former Indiana congressman Steve Buyer of Noblesville was convicted by a jury in Manhattan federal court in March of four securities fraud charges.
Bud Light, top U.S. seller since 2001, loses sales crown after backlash
Mexican lager Modelo Especial overtook Bud Light in U.S. retail dollar sales in the month ending June 3.
Ex-Starbucks manager awarded $25.6M in suit over firing
Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018.
Judge hears bid to block Indiana’s ban on gender-transition care for minors
A federal judge in Indianapolis made no immediate ruling after hearing about 90 minutes of arguments from the Indiana attorney general’s office and the American Civil Liberties Union of Indiana, which is seeking a preliminary injunction.