JetBlue launches hostile takeover bid for Spirit Airlines
Analysts say a merger of any of the two carriers could create an airline with the scale and routes to more effectively compete with the nation’s four largest air carriers.
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Lithium sector needs $42 billion as pivot from China adds costs
The forecast comes as Europe and North America look to reduce their dependency on Chinese imports and develop their own lithium production. China has enjoyed a stranglehold over the lithium supply chain.
Starbucks covering travel expenses for workers seeking abortions
Starbucks has 240,000 U.S. employees. It was not immediately clear what percentage of them are enrolled in the company’s health care plan.
U.S. offers logistics support to ease formula shortage
The White House said it is working with all major formula producers to boost production, including reaching out to their suppliers to encourage them to prioritize production and delivery of formula ingredients.
McDonald’s to sell its Russian business, try to keep workers
More than three decades after it became the first American fast food restaurant to open in the Soviet Union, McDonald’s said Monday that it has started the process of selling its business in Russia, another symbol of the country’s increasing isolation over its war in Ukraine.
States hands off when it comes to NCAA, athlete compensation
Nearly half the states, 24 in all, have laws regarding athlete compensation. Yet those states have shown no appetite to question or investigate the schools, the contracts or the third-party groups orchestrating them. Even if they did, there is little legal framework for how they would do it.
U.S. deaths from COVID reach 1 million
The U.S. is averaging about 300 COVID-19 deaths per day, compared with a peak of about 3,400 a day in January 2021.
Biden, Buttigieg send $5B to cities for safety as road deaths soar
The goal is to spur cities to adopt detailed plans to reduce traffic deaths by slowing down cars, carving out bike paths and wider sidewalks and nudging commuters to public transit.
IBJ Podcast: How Mayor Myers is changing the face of Greenwood
Host Mason King talks with Myers about how Greenwood is changing, but also about his life, which has included working for his parents’ ambulance business, as a police detective, a missionary and in security for a foreign embassy.
Fewer nuggets, smaller salads as shrinkflation hits U.S. restaurant diners
Feeling a bit cheated when you look down at your plate? It’s not just a figment of your imagination—portions at some U.S. restaurants are indeed getting smaller.
IndyCar’s aeroscreen gets mixed reviews in first rain test
IndyCar officials will spend the next few days collecting information and gathering advice about improving aeroscreen visibility for races held in the rain.
Baby formula shortage fueling spike in milk bank interest
It’s a pathway that won’t work for every formula-fed baby, especially those with special dietary needs, and it comes with challenges because the country’s dozens of not-for-profit milk banks prioritize feeding medically fragile infants.
Indianapolis Motor Speedway teams with Caesars on sports betting lounge
The lounge is part of a larger agreement between the gambling company and Indianapolis Motor Speedway that makes Caesars the official sports betting partner of the racetrack and the Indy 500.
FDA approves Lilly diabetes drug that helps patients lose weight
The drug has been closely watched by medical professionals and is viewed by financial analysts as a possible blockbuster, with potential annual sales in the billions of dollars.
Keeping schools out of NIL dealings opened door for boosters
As the NCAA and its highest-profile Division I member schools try to rein in booster-fueled organizations known as collectives, part of the solution could be taking down the firewalls between athletic departments and athletes when it comes to name, image and likeness compensation.
Abdul-Hakim Shabazz: There are jobs to fill. Give immigrants a chance.
We need to make it easier for immigrants to come here and get the jobs the rest of us are not going to do.
John Emanuele: How to make the most of agricultural research, patents
Agricultural innovations may be protected for limited periods by one or more sets of intellectual property laws.
Westfield firm gives farmers a drone’s eye view of crops
Taranis is part of a new but rapidly growing industry offering agricultural mapping services and the ability to monitor vast swaths of cropland in minute detail, helping landowners maximize yields.
Cecil Bohanon & Nick Curott: Remnant Trust among Indy’s hidden treasures
Founded in 1997, the trust owns and maintains a collection of over 1,500 first or early editions of great books and manuscripts, mostly published before 1900.
Editorial: Kudos to two excellent leaders moving on to new adventures
Ryan Vaughn is leaving the Indiana Sports Corp. for a job in the private sector, while DePaul University in Chicago has hired away University of Indianapolis President Robert Manuel.