Stocks rise sharply on Wall Street following seven-day rout
Big technology companies like Apple are still among the most vulnerable due to disruptions in supply chains and business closures in China, but the sector led the way higher Monday.
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U.S. construction spending rises to record level
Spending on U.S. construction projects rose 1.8% in January, helped by strong gains for home construction and government building projects.
U.S. House approves bill to ban sale of flavored e-cigarettes
The bill would place new restrictions on the marketing of e-cigarettes and ban flavors in tobacco products, including menthol cigarettes. It also would place a new excise tax on nicotine.
Supreme Court to decide fate of Obamacare
The court said it would hear an appeal by 20 mainly Democratic states of a lower-court ruling that declared part of the statute unconstitutional and cast a cloud over the rest.
Business leader Jack Welch, who transformed General Electric, dies at 84
Jack Welch had a a major impact on business in Indiana during his tenure, directing GE to sell most of the assets of RCA Corp. to French multinational corporation Thomson SA in 1987. RCA employed thousands of people in Indianapolis and in Bloomington, making televisions, radios and records.
U.S.-based pro sports leagues monitoring coronavirus outbreak
Officials from the National Basketball Association, National Hockey League and Major League Baseball say they are all consulting with the Centers for Disease Control and Prevention and other organizations on a regular basis about COVID-19.
Indianapolis’ plans for all-electric bus fleet in question
The IndyGo board on Thursday approved the $7.5 million purchase of 13 diesel buses and also canceled a $6.5 million order for five electric buses made in California by China-based BYD Ltd.
First person of color tapped to lead IU’s McKinney law school
Karen E. Bravo has been named dean of the Indiana University Robert H. McKinney School of Law, pending formal approval by the IU Board of Trustees at its April meeting.
Buttigieg at crossroads after poor finish in South Carolina
Pete Buttigieg on Sunday vowed to stay in the race at least through Super Tuesday. His fourth-place finish in the South Carolina primary exposed a core vulnerability, namely the inability to attract the support of black voters.
Stocks sink again, leaving Wall Street with worst week since 2008
The market clawed back much of its intraday losses in the last 15 minutes of trading. Bond prices soared as investors sought safety, pushing yields to record lows.
Stocks fall on Wall Street, head for worst week since 2008
U.S. stock markets saw more major declines Friday morning. Traders have been growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy, and soon.
Financial pain deepens as nearly 60 countries report coronavirus
If the disease known as COVID-19 becomes a global pandemic, economists expect the impact could be much worse, with the U.S. and other global economies falling into recession.
Indianapolis schools cancel bus routes after drivers call in sick
Indianapolis Public Schools said schools remained open, but students who are unable to get to them because of no buses would not be marked absent.
Pence’s handling of 2015 HIV outbreak in Indiana gets new scrutiny
President Donald Trump’s choice of Vice President Mike Pence to oversee the nation’s response to the new coronavirus threat is bringing renewed scrutiny to Pence’s handling of an HIV outbreak in southern Indiana when he was governor.
U.S. orders for durable goods slipped 0.2% in January
Orders to U.S. factories for big-ticket manufactured goods were pulled down by decreased demand for cars, auto parts and military aircraft, but the category that tracks business investment rose significantly.
Buttigieg aides say path beyond March 3 possible but tricky
Democratic presidential candidate Pete Buttigieg is bracing his supporters for a difficult stretch, with the sobering assertion that front-runner Bernie Sanders will likely emerge from next week’s Super Tuesday contests well ahead in the race for delegates.
NFL, players move closer to new CBA, but deal not done yet
With a late-night vote, on the slim majority approval of the 32 team representatives, the NFL Players Association was preparing Wednesday to send the collective bargaining agreement proposal to the full union membership for potential ratification.
Indiana lawmakers agree on tougher tobacco sales penalties
Indiana lawmakers are poised to double the fines stores could face for selling smoking or vaping products to anyone younger than 21 years old.
Man charged in judges’ shooting claims self-defense, says judges were aggressors
The filing claims Brandon Kaiser was trying to enter White Castle after 3 a.m. when Clark Circuit judges Andrew Adams and Bradley Jacobs, who had been standing nearby after a night of bar-hopping, approached Kaiser “in a hostile manner,” slammed him to the ground, choked him, beat him and kicked him in the head.
Player reps, NFL negotiators meet for 4 hours about new contract
Players union representatives and members of the NFL’s negotiating committee got together Tuesday in Indianapolis to hash out their differences in a new labor agreement the owners approved last week.