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The crypto-exchange giant Coinbase said Tuesday it was laying off nearly one-fifth of its workforce, a sobering sign that the challenges of the once blazingly hot industry go beyond those of troubled bank Celsius to the very heart of the crypto-investment world.
A federal judge issued an emergency order late last month imposing a series of restrictions on the facility operated by Indianapolis-based Envigo after regulators said the site was responsible for the deaths of hundreds of beagle puppies.
A series of sizable increases would heighten borrowing costs for consumers and businesses, likely leading to an economic slowdown and raising the risk of a recession.
The zoo and its supporters warned that a victory in the closely watched case could open the door to more legal actions on behalf of animals, including pets, farm animals and other species in zoos.
As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate—and a few still claim to adore.
Electric vehicle startup Electric Last Mile Solutions Inc. planned to use a 650,000-square-foot plant that was formerly used to make Hummers to manufacture “last mile” battery-powered, urban delivery vans.
The SBA’s Office of the Inspector General has estimated that at least $80 billion distributed from the $400 billion Economic Injury Disaster Loan program could have been fraudulent, much of it in scams using stolen identities.
The producer price data captures inflation at an earlier stage of production and can sometimes signal where consumer prices are headed. It also feeds into the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index.
The Villages at Eagle Creek location was one of 18 stores closed by Marsh Supermarkets in mid-2017 as part of the company’s bankruptcy plan after the properties failed to sell at auction.
On Monday, U.S. Senator Maggie Hassan sent a letter to Procter & Gamble, Edgewell Personal Care, Johnson & Johnson and Kimberly-Clark asking what they plan to do to address reports of diminished supply and price gouging by third-party sellers.
The Children’s Museum of Indianapolis announced Tuesday that it plans to “employ a more robust review process” with its vendors to avoid another embarrassing public relations gaffe like it experienced earlier this month.
A couple who had reached a $2.75 million settlement after an Indiana Department of Child Services family case manager was found to have made false allegations of abuse and neglect is now suing the state for not approving the settlement agreement.
This spring’s decline in casino earnings largely tracks with the nation’s soaring inflation rate and the end of various federal COVID-19 relief and economic stimulus programs aimed at shoring up the post-pandemic economy.
Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors.
Indianapolis-based Emmis Communications Corp. announced Monday an agreement to sell the radio stations in its home market, including longstanding local stalwart WIBC 93.1 FM, to Urban One.
A top human resources officer at Eli Lilly and Co.’s factory in New Jersey claims the drugmaker fired her in retaliation for investigating employee complaints about drug manufacturing problems and for refusing to drop the matter.
The prospect that the Fed will accelerate its credit tightening, further raising borrowing costs for households and businesses, drove the stock market sharply lower Monday. The broad S&P 500 index fell into bear-market territory.
Crypto lender Celsius halted all withdrawals, citing “extreme market conditions.” It is the second collapse of a part of the crypto world in the last two months.
In a letter to leaders of the Senate and House of Representatives on Monday, the chief executives of Ford, Toyota, GM and Stellantis asked that tax credits be extended to anyone who seeks to buy a qualified vehicle.
In hospitals across the country, physicians are adjusting protocols that for decades reflected a predictable cycle of illnesses that would come and go when schools closed or the weather changed.
