American Airlines places deposit on 20 supersonic planes
American becomes the second U.S. customer for Boom after a similar announcement last year from United Airlines for 15 of the proposed planes, called the Overture.
Associated Press
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Starbucks asks labor board to halt union votes temporarily
Starbucks on Monday asked the National Labor Relations Board to halt all union elections at its U.S. stores, citing allegations from a board employee that regional NLRB officials improperly coordinated with union organizers.
Indiana Fever close season with 18-game losing streak
The Fever finished the season with a 5-31 record, tying the WNBA mark for most regular-season losses.
Expanded IRS free-file system one step closer in Dems’ bill
Now that the IRS is set to receive nearly $80 billion through the so-called “Inflation Reduction Act,” the agency has the means to develop new systems to help Americans pay their taxes.
Climate bill: Could coal communities shift to nuclear?
A major economic bill headed to the president has “game-changing” incentives for the nuclear energy industry, experts say, and those tax credits are even more substantial if a facility is sited in a community where a coal plant is closing.
Indianapolis Star parent Gannett axes staff to cut costs
The layoffs are the latest sign of the unrelentingly tough times in the newspaper industry, which has been steadily shrinking for more than a decade as more advertising shifts from print to digital and readers turn to other online outlets for information.
FTC looking at rules to corral tech firms’ data collection
Federal regulators are looking at drafting rules to crack down on what they call harmful commercial surveillance and lax data security.
FBI: Data from mall gunman’s laptop cannot be recovered
The gunman placed his laptop in the oven at his apartment with a can of butane before departing for the shooting, police have said. The oven was on and set to a high temperature.
CDC drops quarantine, screening recommendations for COVID-19
The changes are driven by a recognition that an estimated 95% of Americans 16 and older have acquired some level of immunity, either from being vaccinated or infected, agency officials said.
U.S. unemployment claims hit highest level since November
Applications for jobless aid have risen in five out of the last six weeks, the Labor Department reported Thursday.
U.S. wholesale inflation shows first month-to-month decline in 2 years
Inflation at the wholesale level still jumped 9.8% in July compared with a year earlier, suggesting that inflation will remain at painful levels for months to come.
Travelers starting to see small breaks from rising airfares
Before celebrating by splurging on a fancy trip, travelers should be aware that July’s average ticket was still 27.7% higher than in July of last year.
Tests show Indiana 3rd graders below pre-pandemic reading levels
Nearly one in five students “have not mastered foundational reading skills by the end of third grade,” according to data from IREAD, an Indiana Department of Education reading assessment given to third graders.
Evictions spiking as rents soar, assistance disappears
Rental prices nationwide are up nearly 15% from a year ago and almost 25% from 2019, according to the real estate company Zillow.
U.S. inflation slows from a 40-year peak, but remains high
Wednesday’s report raised hopes that a modest slowdown in inflation might enable the Federal Reserve to raise short-term interest rates by less than had been anticipated when it meets in late September.
Postal Service to request rate increase due to inflation, DeJoy says
Inflation is going to add more than $1 billion to the U.S. Postal Service budget, necessitating a request for another rate increase in January, Postmaster General Louis DeJoy said Tuesday.
U.S. inflation likely to stay high even as gas prices fall
Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to show a small slowdown from the 9.1% year-over-year figure in June, which was the highest in four decades.
ESPN out of Big Ten Conference TV rights negotiations, sources say
Two people familiar with the negotiations told The Associated Press on Tuesday that the Big Ten was looking for a seven-year deal worth $380 million per year to broadcast its football and basketball games from ESPN, and the network declined.
Biden signs $280B semiconductor act in bid to boost U.S. over China
The deal could have major implications for Indiana’s economic development efforts as it works with SkyWater Technology Inc. to open a $1.8 billion semiconductor production facility in West Lafayette.
COVID-disrupted grads face college: ‘I didn’t really learn anything’
After the disruption of online learning, first-year college students are arriving arrive on U.S. campuses unprepared for the demands of college-level work, experts say.