NCAA: College athletes graduating at record high rate
The NCAA’s most recent statistics, released Wednesday, show 89% of all athletes who enrolled in college in 2012 earned degrees, an increase of 1 percentage point over last year’s all-time high.
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Opioid settlement talks broaden ahead of first federal trial
Outlines of a settlement call for $22 billion in cash over time plus up to $15 billion worth of overdose antidotes and treatment drugs, with distribution of those drugs valued at another $14 billion.
GM reaches tentative deal with UAW that could end strike
The deal was hammered out after months of bargaining but won’t bring an immediate end to the strike by 49,000 hourly workers. They will likely stay on the picket lines for at least two more days as two union committees vote on the deal, after which the members will have to approve.
Tax vaping, tobacco products to curb youth smoking, committee told
The Interim Study Committee on Fiscal Policy heard more than two hours of testimony about vaping and tobacco use on Tuesday.
New study: Opioid crisis cost U.S. economy $631B over 4 years
The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died from the drugs, followed by health care costs.
GM CEO Barra joins talks, signaling deal to end strike might be near
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
Wages, pensions, plant investments still issues in GM strike
With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement.
White Lodging founder gives $16M boost to Catholic schools
The Bruce and Beth White Family Foundation’s gift is expected to bring operational and academic support directly to 10 elementary and high schools in the Diocese of Gary, benefiting about 3,300 students.
Union boosts strike pay for GM workers as talks continue
The strike has passed the point where GM can make up lost production, according to auto industry analysts.
Tax abatement rejection threatens Indiana solar farm project
Officials in Madison County have rejected a tax abatement for a proposed solar farm, putting the $110 million project in jeopardy.
Companies welcome U.S.-China trade truce, but disputes remain
Companies see a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth.
Hopes for U.S.-China trade talks rise before Trump meeting
Financial markets, highly sensitive to the ups and downs of the U.S.-China economic relationship, surged Friday morning. The Dow Jones industrial average was up more than 420 points, or 1.6%, in late-morning trading.
Trump says U.S.-China trade talks are ‘going very well’
President Donald Trump offered an upbeat assessment of U.S.-China trade talks and said he would meet at the White House on Friday with the leader of the Chinese negotiating team.
Fed approves rules loosening Dodd-Frank bank restrictions
The Fed on Thursday approved a set of rule changes that implement legislation passed by Congress last year to loosen restrictions, particularly for smaller community banks, imposed by the Dodd-Frank Act passed in 2010.
Charles Schwab escalates online brokerage-fee war
Charles Schwab is betting the decision to lower or eliminate trading fees will help it attract customers, who’ve grown more vocal about the cost of investing.
GM workers worry about paying bills as strike continues
Nearly four weeks into the United Auto Workers’ strike against General Motors, employees are starting to feel the pinch of going without their regular paychecks.
Facebook CEO to appear before Congress on currency plan
The focus will be on Facebook’s plan to create a digital currency and its role in housing. The company agreed in a legal settlement in March to overhaul its ad-targeting systems to prevent discrimination in housing, credit and employment ads.
Average overdraft fees steeper at banks than credit unions
The study found that the average credit union overdraft fee is nearly $10 less than that of large banks.
Overhaul proposed for decades-old Medicare fraud rules
The regulations are now seen as an obstacle to progress because Medicare has put a premium on coordination among care providers. The complex requirements of the original rules can have a chilling effect on hospitals and doctors working together, officials say.
Krzyzewski: California player-pay law starts needed conversation
The college sports pay-for-play discussion has gained momentum since California Gov. Gavin Newsom signed a law that goes into effect in 2023, defying the wishes of the Indianapolis-based NCAA.