Mazda No. 1 in Consumer Reports 2020 auto reliability survey
Mazda took top honors for the first time in the survey, which this year included Consumer Reports organization members who own more than 300,000 vehicles from model years 2000 to 2020.
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Pfizer: COVID-19 vaccine 95% effective, seeking clearance soon
The announcement from Pfizer and its German partner BioNTech comes as the team is preparing within days to formally ask U.S. regulators to allow emergency use of the vaccine.
FAA clears Boeing 737 Max aircraft to fly again after 20-month review
Regulators around the world grounded the Max in March 2019, after the crash of an Ethiopian Airlines jet. That happened less than five months after another Max flown by Indonesia’s Lion Air plunged into the Java Sea.
FDA allows first rapid COVID-19 test that gives results at home
The announcement by the Food and Drug Administration represents an important step in U.S. efforts to expand testing options for COVID-19. However, the test will require a prescription, likely limiting its initial use.
NCAA graduation rates reach another record high at 90%
College athletes continue to graduate at record rates and outperform non-athletes, according to the NCAA’s new Graduation Success Rate report.
Fed’s Powell says surge in virus cases threatens U.S. economy
Federal Reserve Chair Jerome Powell said the threat also means that Congress and the White House should provide more stimulus spending to support the unemployed, states and cities, and small businesses, and to keep the economy afloat.
Former UAW exec gets 2-1/2 years in prison for kickback
In the latest punishment in what the government calls “systemic” corruption at the highest ranks of the union, 11 union officials and a late official’s spouse have pleaded guilty since 2017, including former presidents Dennis Williams and Gary Jones.
Weak retail sales in October stir up unease about holidays
A surge in coronavirus infections nationwide and the expiration of a $600 weekly boost to unemployment checks over the summer have slowed spending by Americans.
Industrial production up 1.1% in October, but still lagging
It was a rebound after a downturn in September, but production still remains below pre-pandemic levels, the Federal Reserve reported Tuesday.
Amazon opens online pharmacy, shaking up another industry
The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled Tuesday.
Oladipo joins ownership group with New Zealand Breakers
While Victor Oladipo’s playing future with the Indiana Pacers remains murky, he’s found a franchise-altering deal elsewhere.
Stock indexes close at record highs as hopes build for a vaccine
The Dow Jones industrial average surpassed its record of 29,551.42 set in February before pandemic panic hit the market.
U.S. casinos recovering from virus setbacks, but challenges remain
The American Gaming Association found that the industry won more than $9 billion in the third quarter of this year, which is 81% of the amount it won during the same period a year earlier.
UPDATE: Indianapolis in talks to host every game of 2021 March Madness
The NCAA announced Monday it is in talks with city and state officials to play all 67 games in the Indy metropolitan area, in order to simplify logistics and limit potential exposure to COVID-19.
Home Depot buying HD Supply in deal valued at $8 billion
HD Supply is a distributor of maintenance, repair and operations products. It has two business units in Indianapolis.
UPDATE: Second coronavirus vaccine shows early success in U.S. tests
Moderna said its vaccine appears to be 94.5% effective, according to preliminary data from the company’s still-ongoing study.
Indiana’s northern neighbor halts classes, indoor dining as virus surges
Michigan Gov. Gretchen Whitmer’s administration on Sunday ordered numerous restrictions in a move backed by hospitals, universities, colleges, community colleges and K-12 school boards.
Federal jury trials suspended in Indiana’s Southern District
An order sent Friday by Chief Judge Jane E. Magnus-Stinson suspends all in-person jury trials in all divisions of the U.S. District Court Southern District of Indiana until at least Jan. 25.
Top CEOs met to plan response to Trump’s election denial
The CEOs from about two dozen Fortune 500 companies decided to wait for the Nov. 20 certification of votes in Georgia before meeting to decide their next moves.
Surging virus cases get a shrug in many Midwestern towns
“They don’t think it’s real,” said a public health official in Iowa. “They don’t think it’s going to be that bad or they just don’t want to wear a mask because we’ve made it a whole political thing.”