Most Americans could file their taxes for free, but don’t
The GAO report, issued Thursday, found that while 70% of taxpayers were eligible for the Internal Revenue Service’s free-filing program, only 3% of taxpayers actually use the service.
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Elon Musk spoke of possible Twitter job cuts with bankers
Musk also brought up several ideas to boost revenue for the company, such as paying “influencers” to create content, following a business model that helped make TikTok a powerhouse social media app.
The Speak Easy names new executive director
As the organization’s first Black and openly LGBTQ+ leader, Wright and his years of ecosystem-building experience are expected to help in his efforts to eliminate barriers for new entrepreneurs, The Speak Easy said.
AG Rokita sues Black Lives Matter, accuses group of not handing over financial documents
Indiana Attorney General Todd Rokita’s office said the lawsuit is part of an investigation launched in February into how the organization was using donations from Hoosiers.
FDA issues plan to ban menthol in cigarettes, cigars
The Food and Drug Administration said eliminating menthol cigarettes could prevent between 300,000 and 650,000 smoking deaths over 40 years.
New deal to help USA Track & Field simplify abuse reporting
The Indianapolis-based organization has signed on to use technology that will give athletes and members an additional method to anonymously report sexual abuse and other forms of misconduct.
Yellen says more shocks likely to ‘challenge the economy’
Treasury Secretary Janet Yellen said Thursday in an address at the Brookings Institution that countries need to build in “recession remedies” to protect people in the U.S. and globally going forward.
U.S. economy shrank by 1.4% in first quarter, but consumers kept spending
The economy’s overall decline in the January-March quarter does not mean a recession is likely in the coming months. Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth.
Community Health starts ‘fully integrated cancer program’ with MD Anderson
Community Health Network said the new arrangement with the largest cancer center in the United States will give Hoosiers access to some of the most advanced cancer treatments in the nation.
Zionsville coworking center zWorks consolidating into one building
A smart-home automation business is set to take over one of zWorks’ buildings after the coworking center consolidates into one location.
Lilly profit soars 40% in first quarter
Eli Lilly and Co. posted profit of $1.9 billion in the first quarter, up 40%, on higher sales of COVID-19 antibodies and other key products for diabetes, cancer and arthritis.
Moderna seeks to be first with COVID shots for littlest children
Moderna on Thursday asked U.S. regulators to authorize low doses of its COVID-19 vaccine for children younger than 6, a long-awaited move toward potentially opening shots for millions of tots by summer.
Lilly says experimental drug helped patients lose up to 22% of body weight
The drug, called tirzepatide, has been closely watched by medical professionals and is viewed by financial analysts as possible blockbuster, with potential annual sales in the billions of dollars.
Courts to begin move to new Community Justice Campus next week
The court said all non-jury, in-person court matters, with the exception of juvenile delinquency cases, will begin taking place Monday at the campus’ new courthouse in the Twin Aire neighborhood, three miles from downtown.
A Rev spotlight for chefs who fed those in need through pandemic
The executive chefs at Second Helpings and Wheeler Mission Ministries will receive star treatment at Indianapolis Motor Speedway event.
In-house legal departments spending more for outside counsel expertise
The Corporate Legal Operations Consortium’s 2021 State of the Industry Survey found spending on outside law firms nearly doubled from the previous year.
Lawmakers question beef executives over soaring food prices
Lawmakers on Capitol Hill aggressively questioned the chief executives of the country’s four major beef producers, accusing them of engaging in anti-competitive practices that have financially harmed cattle ranchers and driven up the price of meat.
Ochoa named interim dean of IU Maurer School of Law
Christiana Ochoa, who is currently the executive associate dean of the law school, will start her tenure as interim dean July 1.
Citizens Energy Group proposes acquisition of Ben Davis Conservancy District
Citizens Energy Group announced Wednesday that it wants to acquire a small, little-known political subdivision in Marion County that was months away from starting construction of its own wastewater treatment plant to avoid Citizens’ rate hikes.
United States is ‘out of the pandemic phase,’ Fauci says
Anthony Fauci, President Joe Biden’s chief medical adviser, said the United States was in the “full-blown pandemic phase” in the winter, then entered a period he refers to as the “deceleration” phase. The country is transitioning, he said, to the control phase.