RV company plans Indiana expansion, 500 jobs
Forest River expects to start production at the new site by the end of November, with the first travel trailer expected to come off the production line in early December.
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Indiana BMV keeps license bureau wait times offline for now
The decision to not resume the posting of wait times comes as the agency is still looking to fill staff vacancies that contributed to numerous temporary branch closures around the state during September and October.
Pete Buttigieg’s star rises as $1T Biden agenda shifts toward him
As Biden prepares to sign the infrastructure bill on Monday, eyes are turning to the man still best known as “Mayor Pete,” a newcomer whose promise of “generational change” and real-world sensibility of fixing potholes launched him to the top of the early Democratic primary contests during the 2020 campaign.
Indiana governor says ‘we shall see’ on possible tax cuts
Indiana’s surging state tax collections have the governor in discussions on whether tax cuts should be considered during the upcoming legislative session.
Johnson & Johnson to split into two, aim for faster growth
The company said Friday that it will separate its segment that sells Band-Aids, Listerine and over-the-counter medicines like Tylenol from its pharmaceutical and medical device business.
For 2nd straight month, Americans quit jobs at a record pace
The figures point to a historic level of turmoil in the job market as newly-empowered workers quit jobs to take higher pay that is being dangled by businesses in need of help.
Disappearing shorts: As stocks soar, skeptics surrender
As the stock market has surged to records, activity has dwindled to a nearly two-decade low for the traders known as short sellers, who make their money betting stocks will fall.
Biden bill includes boost for union-made electric vehicles
Eleven governors complained that the more generous tax credit for cars made in union plants would punish companies and workers in their states.
Foundations commit billions to fight climate change
The United Nations Climate Change Conference has promoted a series of announcements from foundations and individuals attempting to pour money into efforts to fight climate change, an area many think philanthropy has neglected.
Rivian rockets past GM to become 2nd most valuable carmaker
The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its shares rose 10% at the opening bell Thursday pushing its valuation over $90 billion.
Here’s why inflation is so high, and when it might ease
As any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in. And economists are now voicing a more discouraging message.
Ex-Muncie mayor sentenced to year in prison for bribery
Dennis Tyler was sentenced Wednesday to a year in prison on federal charges of taking a $5,000 bribe in exchange for steering city projects to a contractor.
Hershey buys Dot’s and Indiana pretzel maker for $1.2B
The chocolate company said it would acquire North Dakota-based Dot’s Pretzels LLC as well as Pretzels Inc., an Indiana-based manufacturer of Dot’s Pretzels and other snacks that operates three plants.
U.S. jobless claims drop to pandemic low of 267,000
Applications for unemployment aid have been falling mostly steadily since topping 900,000 in early January and are gradually nearing prepandemic levels of around 220,000 a week.
Ford, Purdue partner on technology to speed up EV charging
Researchers say charging times for electric vehicles could eventually be on par with filling up a car at a gas station.
U.S. consumer prices soared 6.2% in past year, most since 1990
Inflation is eroding the strong gains in wages and salaries that have flowed to America’s workers in recent months, creating political headaches for the Biden administration and congressional Democrats and intensifying pressure on the Federal Reserve.
Whistleblowers to play key role in enforcing vaccine mandate
To enforce President Joe Biden’s forthcoming COVID-19 mandate, the U.S. Labor Department is going to rely on employees concerned enough to turn in their own employers if their co-workers go unvaccinated or fail to undergo weekly tests to show they’re virus-free.
Congress mandates new car technology to stop drunken driving
It’s one of the mandates along with a burst of new spending aimed at improving auto safety amid escalating road fatalities in the $1 trillion infrastructure package that President Joe Biden is expected to sign soon.
Pfizer asks FDA to approve COVID-19 booster shots for all adults
Pfizer asked U.S. regulators Tuesday to allow boosters of its COVID-19 vaccine for anyone 18 or older, a step that comes amid concern about increased spread of the coronavirus with holiday travel and gatherings.
Producer prices rise 8.6%, matching September record high
The Labor Department reported Tuesday that its producer price index—which measures inflation before it hits consumers—rose 0.6% last month from September, pushed higher by surging gasoline prices.