GOP blocks bill to keep government operating; new try ahead
With days to go, Democrats said they will try again before Thursday’s deadline to pass a bill funding government operations past the Sept. 30 fiscal year end.
Associated Press
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Powell says spike in inflation lasting longer than expected
Federal Reserve Chairman Jerome Powell said that the unprecedented process of reopening the economy after the COVID shutdowns has resulted in a number of problems that could continue in coming months.
Critics say Indiana redistricting dilutes minority influence
Critics assailed the proposed new Indiana congressional and legislative districts on Monday as rigged in favor of Republicans.
Here’s why coffee prices could be heading up
As if a cup of coffee wasn’t expensive enough, a confluence of factors is driving up farmers’ costs to grow the beans and it could begin filtering down to your local cafe before the end of the year.
COVID-19 vaccine boosters could mean billions for drugmakers
Drugmakers aren’t the only businesses that could see a windfall from delivering boosters. Drugstore chains CVS Health and Walgreens could bring in more than $800 million each in revenue.
Business economists lower growth forecasts due to virus
The coronavirus remains the dominant variable around how the U.S. economy will do for the rest of the year and into 2022, according to National Association of Business Economists.
Palou becomes first Spaniard to win IndyCar championship
Palou’s 35-point lead meant a finish of 11th or better at Long Beach would win him the title, and once challenger Pato O’Ward was knocked out with a mechanical problem, Palou just needed to make it to the finish.
Honda’s Indiana factory adds new model to production line
Production has started on a new car model at Honda’s factory in southeastern Indiana. Honda executives, workers and several state officials marked the start of mass production for the 2022 Civic Hatchback at the Greensburg plant during a ceremony this past week. The new Civic Hatchback becomes the third type of vehicle produced at the […]
Beverage can company building high-capacity factory in Muncie
The factory is expected to ultimately employ about 340 people and produce about 3.6 billion cans per year.
Grosjean jumps to Andretti Autosport for full IndyCar season, including Indy 500
Romain Grosjean did not commit to ovals when he left Formula One to drive for Dale Coyne Racing in IndyCar this season. But his results and comfort level have been so strong that he’s decided to run the full 2022 season with one of the top teams in the series.
CDC leader adds people with risky jobs to COVID booster list
CDC Director Dr. Rochelle Walensky signed off on a series of recommendations from a panel of advisers late Thursday, but she also included one recommendation that the panel had rejected.
Democrats see tax ‘framework’ to pay for huge $3.5T package
Staring down a self-imposed Monday deadline, lawmakers said they would work nonstop to find agreement on specifics. Democrats’ views on those vary widely, but they largely agree with Biden’s idea of raising taxes on corporations and the wealthy.
U.S. sets the stage for COVID booster shots for millions
Advisers to the Centers for Disease Control and Prevention said boosters should be offered to people 65 and older, nursing home residents and those ages 50 to 64 who have risky underlying health problems.
Four companies seek to revive stalled Terre Haute casino plans
Gaming Commission executive director Greg Small said the agency hoped to select a company for the Terre Haute license by the end of this year.
EPA rule sharply limits hydrofluorocarbons, gases used as refrigerants
The HFC provision in the new law was supported by an unusual coalition that included major environmental and business groups, including the National Association of Manufacturers, American Chemistry Council and the Air-Conditioning, Heating and Refrigeration Institute.
U.S. jobless claims tick up for second straight week
The four-week moving average of claims, which smooths out week-to-week swings, registered its sixth straight drop—to a pandemic low of 336,000.
Once-hot SPAC investments return to earth
Not only are fewer SPACs going public through IPOs, the ones already in the market and still hunting for targets have seen their share prices drop.
Target, in a tight labor market, lowers holiday hiring goal
About 100,000 seasonal workers will be hired nationwide, the retailer said Thursday, about 30,000 less than last year. Many of those workers will be offered jobs beyond the holiday season.
Biden presses fellow Dems to resolve party split on $3.5T plan
The intense focus on Biden’s big-money domestic proposal showcases how much is at stake politically for the president and his party in Congress.
COVID-19 exacerbates ongoing problem with teacher shortages
Now that schools have welcomed students back to classrooms, they face a new challenge: a shortage of teachers and staff the likes of which some districts say they have never seen.