Evansville’s Lilly King helps power American women to gold in swimming relay
Evansville swimmer Lilly King and the American women set a world record in the 4×100 medley relay on the final night of swimming at the Paris Olympics.
Associated Press
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Freeney thanks high school coach at Pro Football Hall of Fame induction
Dwight Freeney, a three-time All-Pro defensive end with the Indianapolis Colts, was encouraged to change from soccer to football by his high school’s football coach. It was a life-changing move.
Carmel doubles player wins silver in Olympic tennis
Carmel’s Rajeev Ram came heartbreakingly close to becoming the oldest player to win an Olympics tennis gold since the sport returned to the Summer Games in 1988.
Nvidia facing antitrust probe from regulators amid competitor complaints
Nvidia’s has cemented itself as a poster child for the artificial intelligence boom—and in the process become one of the most valuable companies in the world.
Justice Department sues TikTok, accuses it of illegally collecting children’s data
The latest lawsuit focuses on allegations that TikTok violated federal law that requires kid-oriented apps to get parental consent before collecting personal information of children under 13.
Stock market on midday pace for worst session since 2022
Worries are rising the Federal Reserve might have kept its main interest rate at a two-decade high for too long.
U.S. added just 114,000 jobs in July; unemployment rate rises to 4.3%
Friday’s report from the Labor Department showed that employers added 35% fewer jobs than forecasters had expected and the unemployment rate hit its highest level since October 2021.
Federal judge overturns $4.7B jury verdict in ‘Sunday Ticket’ suit in ruling for NFL
The jury had ruled the NFL violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.
Emergency fuel waiver issued for Indiana, 3 other states to alleviate soaring gas prices
The EPA is issuing the emergency waiver to help alleviate gasoline shortages in four Midwest states after the shutdown of a refinery in Illinois.
NCAA targets boosters, collectives with mandatory disclosure of NIL deals
For some, it looks like an overstep by the NCAA. Others see ample precedent in professional leagues to support regulating NIL.
Number of Americans filing for jobless claims hits highest level in a year
The four-week average for continuing claims rose to 1,857,000, the most since December 2021.
CarShield to pay $10M to settle deceptive advertising charges
Many customers found that repair claims were often not covered despite making payments of up to $120 per month, the FTC said Wednesday. The FTC also alleged that CarShield’s celebrity and consumer endorsers made false statements in its ads.
WWE’s SummerSlam to be filled with action—and lots of sponsors
Indianapolis is on tap to host an upcoming SummerSlam as part of an agreement city hospitality officials reached earlier this year that will bring several big WWE events to Lucas Oil Stadium over the next eight years.
Judge says jury did not follow instructions on damages in ‘Sunday Ticket’ case
The federal jury on June 27 awarded $4.7 billion in damages to residential and commercial subscribers after it ruled the NFL violated antitrust laws.
Fed Chair Powell says September interest rate cut could be ‘on the table’ as inflation cools
Federal Reserve Chair Jerome Powell said Wednesday that the upcoming elections would have no influence on the Fed’s decisions.
Dwight Freeney defied odds, scouts by spinning his way into Pro Football Hall of Fame
Once considered too small to play defensive end, Indianapolis Colt great Dwight Freeney will be enshrined in the Pro Football Hall of Fame on Saturday.
Regulators stand by decision that 50M air bag inflators are dangerous
The decision Wednesday by the National Highway Traffic Safety Administration could lead to a huge recall despite opposition from automakers.
NFL moving closer to replacing chain gang with new technology
NFL executive Gary Brantley told The Associated Press the league will test Sony’s Hawk-Eye technology to measure line to gain during some preseason games.
Paychecks grew more slowly in second quarter, Labor Department says
Higher wages and benefits are good for employees, but slower pay growth will likely reassure Federal Reserve officials that inflation is steadily falling back to their 2% target.
Delta CEO says airline is facing $500M in costs from global tech outage
Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident.