FTC abandons Biden-era effort to block Microsoft’s acquisition of Activision Blizzard
The tech giant sought to acquire Activision Blizzard, maker of the popular “Call of Duty” video game.
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Homeowners spending on renovations, repairs despite uncertain economy, higher prices
Many homeowners have opted to to invest in sprucing up their home rather than sell and take on a mortgage with a sharply higher interest rate.
Trump threatens 50% tariffs on EU and 25% penalties on Apple as his trade war intensifies
U.S. Treasury Secretary Scott Bessent said the goal is to have Apple bring more of its computer chip supply chain into the U.S.
Nike to start selling products directly on Amazon again
Nike, which sells footwear, clothing and other items, cut ties with Amazon in 2019, at a time when the online retailer was trying to lure big brands to its website.
Memorial Day travel rush off to early start
Even as politics and the nation’s aging air traffic infrastructure rattle the U.S. travel industry, Americans are expected to get away in record numbers.
Weight-loss drugs may lower cancer risk in people with diabetes, study suggests
The findings were released Thursday by the American Society of Clinical Oncology and will be discussed at its annual meeting.
Team Penske focused on moving forward after shock firings following Indy 500 cheating scandal
Driver Will Power said he believes Roger Penske was forced into the firings by the external pressure from other team owners who are furious Team Penske has had major technical violations in two consecutive seasons.
Senate votes to block California’s rule banning sale of new gas-powered cars by 2035
California makes up roughly 11% of the U.S. car market, giving it significant power to shape purchasing trends.
Stop making cents: U.S. Mint moves forward with plans to kill the penny
An immediate annual savings of $56 million in reduced material costs is expected by stopping penny production.
Supreme Court tie vote dooms taxpayer-funded Catholic charter school
The outcome keeps in place a court decision that invalidated a vote by a state charter school board to approve the nation’s first religious charter school. But it leaves the issue unresolved nationally.
A wave of new owners brings fresh energy to independent bookselling
In 2016, there were 1,244 members in the American Booksellers Association trade group, at 1,749 locations. As of this month, the ABA has 2,863 individual members, at 3,281 locations.
House Republicans pass Trump’s big bill after all-night session
Central to the package is the GOP’s commitment to extending some $4.5 trillion in tax breaks, as well as spending cuts and work requirements for Medicaid and nutrition assistance.
Pacers tie it on buzzer beater after historic comeback, beat Knicks 138-135 in OT
The Knicks led by 14 points with under 3 minutes remaining in regulation, but Aaron Nesmith brought the Pacers back with a flurry of late 3-pointers in Game 1 of the East finals in New York.
‘No tax on tips’ plan part of GOP budget bill. Here’s what it does.
The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class.
IndyCar exploring independent governing body that doesn’t include Penske employees
Optics of favoritism have dogged Roger Penske since he purchased all things Indianapolis Motor Speedway.
Tariffs, inflation, leery customers hitting retailers in different ways
Retailers are trying to navigate their way through economic uncertainty in 2025.
Hybrid power is here: Indianapolis 500 could be dramatically reshaped by jolts of electric juice
Hybrid technology will play a part in “The Greatest Spectacle in Racing” for the first time on Sunday. And if it comes down to the final laps, it could be a big part.
Bitcoin hits new price highs as crypto industry scores wins
Bitcoin’s price increase comes after the crypto industry scored a major win with the U.S. Senate advancing legislation that creates a federal framework to regulate the stablecoins.
Googles unleashes ‘AI Mode’ in next phase of its journey to change search
The new feature makes interacting with Google’s search engine more like having a conversation with an expert capable of answering questions on just about any topic imaginable.
Power leagues look to bind schools to rules of $2.8B NCAA settlement, source says
The document would bind institutions to enforcement policies even if their state laws are contradictory and would require schools to waive their right to pursue legal challenges against the new enforcement entity, the College Sports Commission.