Senators reach bipartisan compromise on gun violence bill
The legislation would toughen background checks for the youngest firearms buyers, require more sellers to conduct background checks and beef up penalties on gun traffickers.
Associated Press
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Pilots picket as airline unions leverage summer travel woes
The protest, which the union said drew up to 1,300 Southwest Airlines pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public.
Labor board takes Starbucks to court over alleged violations
The National Labor Relations Board is asking a federal court to order Starbucks to stop interfering with unionization efforts at its U.S. stores. It’s the third time the board has filed a case in federal court against Starbucks since December.
Supreme Court says Maine cannot deny tuition aid to religious schools
The 6-3 outcome could fuel a renewed push for school choice programs in some of the 18 states that have so far not directed taxpayer money to private, religious education.
Snap, crackle, pop: Kellogg to split into three companies
Kellogg’s had net sales of $14.2 billion in 2021, with $11.4 billion generated by its snack division, which makes Cheez-Its, Pringles and Pop-Tarts, among other brands. U.S. cereal sales have been waning for years.
U.S. charitable giving hit record in 2021, but inflation looms
The Giving USA report from Indiana University’s Lilly Family School of Philanthropy says donations in 2021 were 4% higher than the record-setting $466 billion contributed in 2020. But that amount was down 0.7% when adjusted for inflation.
Indianapolis, other cities go without lifeguards amid labor shortage
The American Lifeguard Association estimates the shortage affects one-third of U.S. public pools. That is expected to grow to half of all pools by August, when many teenage lifeguards return to school.
Indiana gas tax set to increase while state eyes inflation relief
Indiana residents will soon pay 62 cents per gallon in taxes on gasoline, the state Department of Revenue announced Monday.
JetBlue raises offer again in bidding for Spirit Airlines
Shareholders of Miramar, Florida-based Spirit are scheduled to vote June 30 on a bid from Frontier Airlines, and JetBlue is trying to convince investors to scuttle the agreement and drive Spirit into JetBlue’s arms.
WNBA owner, Anthem CEO among women athletes running businesses
Anthem chief executive Gail Boudreaux is among several female business leaders who say their background in sports has been a benefit in corporate leadership.
Crypto investors’ hot streak ends as harsh ‘winter’ descends
It’s a dizzying turn of events for investments and companies that at the start of 2022 seemed to be at their financial and cultural apex. The industry’s combined assets back then were estimated to be worth more than $3 trillion; today, they are worth less than a third of that. Maybe.
Biden says he’s considering gasoline tax holiday
The administration is increasingly looking for ways to spare Americans from higher prices at the pump, which soared last year and surged even further after Russia invaded Ukraine in February.
Yellen: Recession not inevitable, gas tax holiday weighed
Treasury Secretary Janet Yellen is offering a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation.
Inflation taking bite out of new infrastructure projects
Rising prices for materials such as asphalt, steel and iron pipes are driving up the costs to build roads, bridges, rail lines and water mains. The prices for some infrastructure materials have risen even faster than general consumer prices.
Buttigieg: U.S. might act against airlines on consumers’ behalf
Transportation Secretary Pete Buttigieg said his department could take enforcement action against airlines that fail to meet consumer-protection standards, although he thinks that won’t be necessary.
Indiana to get $2.9M in settlement over ‘free’ TurboTax ads
Indiana’s share is part of a $141 million settlement across 50 states and the District of Columbia. Approximately 4 million people across the United States were affected, including more than 98,000 Indiana residents.
Airlines cancel hundreds of flights for second straight day
By midmorning in the eastern United States, airlines had scrubbed more than 1,000 flights after canceling more than 1,700 on Thursday, according to tracking service FlightAware.
FDA authorizes first COVID-19 shots for infants, preschoolers
The FDA also authorized Moderna’s vaccine for school-aged children and teens. Pfizer’s shots had been the only option for those ages.
Nassar loses last appeal in gymnastics sexual assault case
Former sports doctor Larry Nassar, who was sentenced to decades in prison for sexually assaulting gymnasts, including Olympic medalists, said he was treated unfairly in 2018 and deserved a new hearing, based on provocative comments by a judge who called him a “monster.”
Biden signs shipping law expected to cut consumer costs
The Ocean Shipping Reform Act passed the Senate unanimously via voice vote and garnered bipartisan House support.