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Articles

Live Nation’s antitrust trial kicks off before federal jury

March 2, 2026 | Bloomberg News

The largest U.S. venue owner and ticket seller faces claims by the U.S. Justice Department and more than three dozen states that it is illegally monopolizing the live music industry and should be forced to shed its Ticketmaster unit.

Longest shutdown in history costing economy about $15B each week, analysts say

November 5, 2025 | Bloomberg News

Now in its 36th day, the shutdown has surpassed the previous record set in early 2019 during President Donald Trump’s first term.

Caitlin Clark leaves game early with apparent injury, raising concern as All-Star Game approaches

July 16, 2025 | Associated Press

Clark, who has already missed nine games this season with injuries, is scheduled to participate in Friday night’s 3-point contest as part of the WNBA All-Star Weekend in Indianapolis. Then, on Saturday, she is expected to play in the All-Star Game.

Fed keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead

March 19, 2025 | Associated Press

The Federal Reserve has again kept its interest rate at about 4.3%, as the central bank evaluates the impact of the Trump administration’s policies on the economy.

Salesforce gives tepid outlook while touting AI

February 27, 2025 | Bloomberg News

Investors have flagged some uncertainty from changes in the company’s rank of top executives.

salesforce towner logo rendering

Salesforce cutting 1,000 jobs while hiring salespeople for AI

February 4, 2025 | Bloomberg News

Technology companies have grown more accustomed to regular job reductions after a massive wave of layoffs at the start of 2023.

salesforce towner logo rendering

Apple, Goldman Sachs ordered to pay $89M for mishandling Apple Card transactions

October 23, 2024 | Associated Press

The Consumer Finance Protection Bureau ordered Apple and Goldman Sachs to pay refunds and penalties for deceiving consumers and mishandled transaction disputes of Apple Card customers.

Novo Nordisk’s Wegovy sales hit by competition from Eli Lilly

August 7, 2024 | Bloomberg News

Novo is vying with Indianapolis-based Lilly for supremacy in the pharmaceutical industry’s fastest-growing new business, obesity drugs. The market is expected to reach $130 billion by the end of the decade.

Wall Street rallies to bounce back from its worst day in nearly 2 years

August 6, 2024 | Associated Press

Stronger-than-expected profit reports from several big U.S. companies helped drive the market.

Big Tech says AI is booming, but Wall Street is starting to see a bubble

July 24, 2024 | The Washington Post

A growing number of Wall Street analysts and tech investors are beginning to sound the alarm about the immense amount of money that is being poured into artificial intelligence by Big Tech companies, stock market investors and venture-capital firms.

Caitlin Clark, Fever set WNBA single-game ticket revenue record in road loss to Liberty

May 18, 2024 | Associated Press

The Indiana Fever star had the best game of her young pro career on Saturday, but the Fever lost 91-80 to the Liberty in New York City.

Inside the rush to cash in on fleeting March Madness fame

March 26, 2024 | The Washington Post

This time of year, with so many eyes on college basketball, NIL deals are now a part of the tradition. Still, for lesser-known players, it can be important to strike while the March lights are hot.

Ford says UAW strike cut sales by 100,000 vehicles, cost company $1.7B in profit

November 30, 2023 | Associated Press

Additional labor costs from the agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, Ford Chief Financial Officer John Lawler said in a company release.

Worst sales reports in years show weakening U.S. consumer trends

November 6, 2023 | Bloomberg News

With more than 80% of S&P 500 firms having reported, fewer than half have beaten revenue estimates for the third quarter—the lowest share since the same period in 2019, according to data compiled by Bloomberg Intelligence.

Roche to buy bowel drugmaker Telavant for $7.1 billion

October 24, 2023 | Bloomberg News

Roche has come under pressure to improve its pipeline with medicines it can commercialize soon as a windfall of revenue from products used in the COVID-19 pandemic comes to an end.

3M agrees to pay more than $5.5B over combat earplugs made in Indianapolis

August 28, 2023 | Bloomberg News

The settlement would avert a potentially much larger liability that 3M sought to curb through a controversial bankruptcy case involving Indianapolis-based Aearo Technologies that ultimately collapsed.

Big Ten taps ex-MLB exec Petitti as commissioner, source says

April 11, 2023 | Associated Press

Tony Petitti is set to replace Kevin Warren, who is leaving to become president of the Chicago Bears.

Fed’s battle plan for inflation shredded by financial turmoil

March 13, 2023 | Bloomberg News

The worry is the collapse of SVB and Signature Bank are just the start of a longer list of casualties from the Fed’s shift to the highest rates since policymakers began slashing borrowing costs in 2007.

Airline pilots ramp up pressure in pay talks as air travel booms

November 4, 2022 | The Washington Post

On the table are double-digit pay increases and changes to scheduling rules, which would be a boon to pilots but would increase airline costs.

Fed’s soft landing hinges on job market doing something strange

August 30, 2022 | Bloomberg News analysis

The Federal Reserve’s hopes for a “soft landing” rest on a rarely occurring phenomenon: Unemployment will rise not because workers lose their jobs, but because more people without jobs start looking for work.

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