Trump raises prospect of federal support as Spirit Airlines struggles with costs, debt
President Donald Trump also is encouraging a buyer to step in and rescue the struggling budget carrier.
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Retail sales rose 1.7% in March, driven by spike in gas prices
Excluding gas prices, retail sales were up 0.6%, helped in part by government tax refunds and warm weather.
Purdue Pharma to be sentenced in criminal opioids case, allowing settlement money to flow
The criminal sentence Tuesday will mark a major step toward the company finalizing a settlement of thousands of lawsuits it faces over the toll of opioids.
UPDATE: Apple CEO Tim Cook to end nearly 15-year reign leading iPhone maker
Cook will become executive chairman on Sept. 1 and will be replaced by Senior Vice President John Ternus.
Colts enter draft with promising news on QB Daniel Jones and looking to make some deals
The Colts have seven picks in this year’s NFL Draft, but the first won’t come until the second round, at No. 47 overall, unless the team makes some moves.
More women getting their shot in whiskey industry
Increasingly, women are launching their own whiskey brands and finding new ways to innovate in distilling and blending at a time when more women are drinking whiskey.
Businesses can claim refunds starting Monday for Trump tariffs declared unconstitutional
It’s the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States.
NCAA tourney star Braylon Mullins of Greenfield heading back to UConn instead of NBA
The 6-foot-6 shooting guard made his announcement Saturday on his Instagram account with highlight clips of his biggest shots and the words “unfinished business.”
Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
In an emergency temporary restraining order, the judge noted the merger would make Nexstar the owner of two or even three of the “Big Four” local affiliates in at least 30 local television markets — including Indianapolis.
Home shopping network pioneer QVC files for bankruptcy protection
Shares in QVC Group, which went for over $900 a decade ago, were trading for less than $3 earlier this week.
Oil prices drop more than 10%, stocks soar after Iran reopens Strait of Hormuz
The U.S. stock market has jumped more than 12% since hitting a bottom in late March on hopes the United States and Iran can avoid a worst-case scenario for the global economy despite their war.
NCAA committee recommends earlier start to football season
The earlier start date would allow flexibility for potential expansion to the College Football Playoff.
NBA sending Pacers, Nuggets to Mexico City for game next season
The Pacers are heading to Mexico for the first time, set to become the 23rd NBA franchise to play a game in that country.
Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warns
International Energy Agency Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced,” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
NCAA urges further study of proposed age-based eligibility model
The possibility of an age-based model comes after numerous athletes have challenged NCAA eligibility rules in lawsuits with the hope of extending their college careers.
LIV Golf leader says show will go on amid reports of Saudi funding uncertainty
LIV Golf CEO Scott O’Neil said the 2026 season will continue as planned without interruption and “at full throttle.”
UPDATE: Jury finds Ticketmaster and Live Nation had anticompetitive monopoly over big concert venues
The ruling won’t immediately bring relief for concertgoers. But it could cost Live Nation hundreds of millions of dollars and perhaps force the company to sell some of its concert venues
EPA may ease regulation of chemical plastic recycling, and environmentalists worry
The Environmental Protection Agency is reconsidering whether facilities that recycle plastic chemically should be held to the same strict air pollution standards as incinerators.
Wall Street rallies to edge of all-time high as oil prices ease
On Wall Street, strong profit reports from companies are helping to make up for worries about war.
Banks see economy as ‘resilient’ but warn about rising energy prices
The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units.