Anthem shareholders approve corporate rebranding to Elevance Health
The Indianapolis-based insurance giant said the new name will better reflect its mission of “elevating whole health and advancing health beyond health care.”
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Target shares plunge 26% amid rout of retail stocks
Target Corp. is on pace for its worst stock drop since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast. Other retailers suffered steep drops in their stock prices Wednesday.
U.S. Soccer equalizes pay for women, men in milestone agreement
The federation announced separate collective bargaining agreements through December 2028 with the unions for both national teams on Wednesday, ending years of often acrimonious negotiations.
Musk wars with Twitter over his buyout deal—on Twitter
The sharp turnaround by the world’s richest man makes little sense except as a method to scuttle or renegotiate a deal that’s becoming increasingly costly for him, experts said.
Powell: Fed to keep hiking rates until it controls inflation
Chairman Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until there is clear evidence inflation is steadily falling—a high-stakes effort that carries the risk of causing an eventual recession.
Sato, Honda strong on opening day of Indy 500 practice
It was a good day for Honda, which has been beaten by Chevrolet in four of five races so far this IndyCar season. Ten Honda drivers cracked the top 12 on Tuesday.
U.S. House to consider $28M plan to address formula shortage
The House is expected to take up the emergency spending measure later this week before lawmakers head back to their congressional districts for the next two weeks.
ACLU of Indiana lawsuit says Boone County blocked resident from Facebook page
The complaint says Boone County blocked a resident from the county’s Facebook page after he wrote his voting plans for the May 3 election.
Nearly 43,000 people died on U.S. roads last year, agency says
The 10.5% jump over 2020 numbers was the largest percentage increase since the National Highway Traffic Safety Administration began its fatality data collection system in 1975.
Newfields hires university president as new chief executive
Newfields’ 14-month search for a successor to controversial former CEO Charles Venable is complete. The art museum and gardens announced Tuesday the hiring of Colette Pierce Burnette, the president of Huston-Tillotson University in Austin, Texas.
Retail sales rise 0.9% as consumers show resilience
Consumers are providing critical support to the economy even after a year of seeing prices spiral higher for gas, food, rent, and other necessities.
FDA clears COVID booster shot for healthy children ages 5-11
There is one more hurdle: The Centers for Disease Control and Prevention must decide whether to formally recommend the booster for this age group. The CDC’s scientific advisers are scheduled to meet on Thursday.
Hundreds of apartments, townhomes proposed in southeast Indy by S.C.-based firm
The complex at 4822 E. Edgewood Ave. would consist of 280 apartments and 96 townhomes, as well as four commercial outlots. But the nearly 20-acre footprint needs to be rezoned.
How big is the latest U.S. COVID wave? No one really knows.
Americans are navigating murky waters in the latest wave of the pandemic, with highly transmissible subvariants of omicron spreading as governments drop measures to contain the virus and reveal less data about infections.
Driver Colton Herta’s profile elevated as he rolls into Indy 500
Herta picked up his first win of the IndyCar season on Saturday with an entertaining drive through the rain on the road course inside Indianapolis Motor Speedway. Now it’s time for the main event, the Indianapolis 500
Indianapolis-based Resultant acquires Texas-based consulting firm
Indianapolis-based technology consulting and analytics firm Resultant has acquired Teknion Data Solutions, which is based in the Dallas metro area. It’s the fourth and largest acquisition Resultant has made in the past three years.
Vote fails to declare Carmel City Council member’s seat vacant
Bruce Kimball, who represents Carmel’s Central District, last attended a council meeting in December 2020 before he suffered a stroke.
Jaworowski to seek recount after House District 32 primary separated by six votes
Election results certified Monday showed Fred Glynn received 1,844 votes to Suzie Jaworowski’s 1,838.
Judge: California’s women-on-boards law is unconstitutional
The decision comes just over a month after another Los Angeles judge found that a California law mandating that corporations diversify their boards with members from certain racial, ethnic or LGBT groups was unconstitutional.
Musk hints at paying less for Twitter than his $44B offer
Tesla CEO Elon Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question, according to a report by Bloomberg News.