Jobless claims jump nationally, in Indiana amid resurgence of virus
The latest figures coincide with a surging viral outbreak that appears to be weakening the job market and the economy and threatening to derail any recovery.
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Blockbuster IPO market still calls for cautious approach
Wall Street has rolled out the welcome mat for companies going public this year, boosting proceeds from initial public offerings to the highest level in six years.
Lawmakers act to avert shutdown, buying time for COVID relief talks
Amid the uncertainty, the House easily passed a one-week government-wide funding bill Wednesday that sets a new Dec. 18 deadline for Congress to wrap up both the COVID-19 relief measure and a $1.4 trillion catch-all spending bill that is also overdue.
Pfizer COVID-19 vaccine faces last hurdle before U.S. decision
Thursday’s meeting of the Food and Drug Administration’s vaccine advisory panel is likely the last step before a U.S. decision to begin shipping millions of doses of the shot, which has shown strong protection against the coronavirus.
U.S. government, states sue Facebook for ‘predatory’ conduct
Federal regulators on Wednesday sued to force a breakup of Facebook as 48 states and districts accused the company in a separate lawsuit of abusing its market power in social networking to crush smaller competitors.
United Kingdom probing if allergic reactions linked to Pfizer vaccine
British regulators warned Wednesday that people who have a history of serious allergic reactions shouldn’t receive the new Pfizer-BioNTech vaccine as they investigate two adverse reactions that occurred on the first day of the country’s mass vaccination program.
New White House offer adds $600 checks to COVID-19 relief package
The $916 billion offer, the separate ongoing talks among key rank-and-file senators, and the shifting demands by the White House all add up to muddled, confusing prospects for a long-delayed COVID-19 aid package.
Pandemic tames health care cost growth for some employers
Large U.S. employers saw their smallest health care cost increase in more than two decades due to the COVID-19 pandemic, and workers might benefit from that next year, according to the consulting firm Mercer.
Emmert says NCAA must stay open to reform
In a 25-minute interview, NCAA President Mark Emmert said the NCAA and its member schools have shown an uncommon ability to be nimble and responsive in addressing issues of eligibility, scheduling, recruiting, transfers and conducting championship events.
High court takes on Fannie Mae, Freddie Mac presidential power case
The case could mean undoing an agreement between the mortgage giants and the government that has sent about $246 billion in their profits to the Treasury. That was compensation for the taxpayer bailout they received after the 2007 housing market crash.
COVID-19 aid in balance as Congress buys time for talks
Lawmakers are struggling to figure out how to deliver long-delayed pandemic relief, including additional help for hard-hit businesses, further unemployment benefits, funding to distribute COVID-19 vaccines and funding demanded by Democrats for state and local governments.
Another judge blocks Trump’s TikTok ban; app still in limbo
The Trump administration has alleged that TikTok is a security threat because the Chinese government could spy on app users’ personal data.
Studies suggest AstraZeneca COVID-19 vaccine safe, effective
New results on a possible COVID-19 vaccine from Oxford University and AstraZeneca suggest it is safe and about 70% effective, but questions remain about how well it may help protect those over 55.
U.S. regulators post positive review of Pfizer vaccine data
The positive review from the Food and Drug Administration sets the stage for a decision allowing the vaccine’s initial use in the United States within days.
Virus relief talks drag on liability as Congress preps stopgap aid
Disagreements flared Monday over one key provision of a federal pandemic relief package—a proposed liability shield from COVID-19-related lawsuits for businesses, schools and organizations that reopen.
Michigan governor extends state’s partial shutdown by 12 days
In-person instruction at high schools and colleges, dine-in eating at restaurants and organized sports will continue to be prohibited, including the completion of fall high school sports tournaments. Entertainment venues such as movie theaters and bowling alleys will remain closed.
Ex-magistrate banned from judicial service after meth case
Indiana’s high court has permanently banned a former Hamilton County magistrate from holding judicial office following his guilty plea in a drug possession case where he bit an officer’s hand after buying methamphetamine.
NCAA stands firm on findings against Louisville in response
The Indianapolis-based NCAA is standing by its charges of rules violations by the University of Louisville, including holding the school responsible for the conduct of sportswear supplier Adidas.
Americans keeping up with credit card bills, but for how long?
For some, however, the ability to keep buying things with plastic and then pay the bill likely depends on whether current negotiations in Washington, D.C., produce another round of economic aid.
Michigan hospitals: Partial shutdown should be extended
Michigan hospital officials said Monday the state’s partial shutdown of businesses and schools to curb the coronavirus is working and should be extended through the holiday season to alleviate stress on the health care system.