Student loan resumptions might be felt by retailers, restaurants
Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.
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Meta looks to target Twitter with rival app called Threads
Threads could be the latest headache for Elon Musk, who acquired Twitter last year for $44 billion and has been making changes that have unnerved advertisers and turned off users.
Judge limits Biden administration in working with social media companies
U.S. District Judge Terry Doughty of Louisiana cited “substantial evidence” of a far-reaching censorship campaign and wrote that the “evidence produced thus far depicts an almost dystopian scenario.”
Home goods retail chain with Indy-area store to begin liquidation
Christmas Tree Shops Inc. is expected to close all 82 of its stores after failing to save itself through bankruptcy.
IU Health to end Blackford Hospital’s ER, inpatient services
The move means that patients who need acute hospital care, such as surgery or trauma care, will need to travel more than 20 miles to Jay Hospital in Portland, Ball Memorial Hospital in Muncie or Marion General Hospital in Marion.
Air travel congestion eases as United gets handle on canceled flights
Besides better weather, airlines also are running lighter schedules a day ahead of the July 4 holiday. Wednesday figures to be the next big test for the system.
With new limits on tweets, users and advertisers could go elsewhere
Twitter owner Elon Musk has put new curfews on his digital town square, the latest drastic change to the social media platform that could further drive away advertisers and undermine its cultural influence as a trend-setter.
Food prices remain high ahead of July 4 celebrations, Hoosier farmers say
All but two of the items—cheese and pork chops—were more expensive than last year. Cookies, hamburgers buns and lemonade were up the most.
Tesla shares accelerate on new CEO, deliveries and charging deals
Shares jumped 7% Monday morning to a new high for 2023 after the electric car maker said its deliveries in the most recent quarter rose 83% compared with the same period last year.
Activists spurred by affirmative action ruling sue over legacy admissions
A civil rights group is challenging legacy admissions at Harvard University, saying the practice discriminates against students of color by giving an unfair boost to the mostly white children of alumni.
What’s Bidenomics? President now embracing term that foes use as slur
Only 34% of U.S. adults approve of President Joe Biden’s leadership on the economy, according to a new poll from The Associated Press-NORC Center for Public Affairs.
Hendricks Regional Health looks within for new CEO
Dr. Michelle Fenoughty succeeds Kevin Speer, who resigned in March to lead Ascension St. Vincent Indiana.
IBJ Podcast: Lilly in middle of big battle over future of drug prices for seniors
In this week’s edition of the IBJ Podcast, reporter John Russell discusses Medicare’s new power to negotiate drug prices and its effects on patients, drug makers and the rest the health care industry. Eli Lilly and Co. would like to see some changes.
Pitney Bowes eliminating 311 jobs in Greenwood
Brett Cody, senior director of communications for Pitney Bowes, said the company is shifting its parcel delivery and returns operation to two other Midwest hubs “to more efficiently meet client demands and evolving market opportunities.”
Musk imposes daily limits on reading posts on Twitter
Twitter owner Elon Musk has limited the number of tweets that users can view each day—restrictions he described as an attempt to prevent unauthorized scraping of potentially valuable data from the social media platform.
Broad Ripple parking lots to be restricted and receive lighting, cameras
It’s another step toward crowd control following a shooting incident in the village on Sunday that killed three people and injured another as 400 to 500 people gathered in the area.
Bogus online reviews targeted by regulators with new, proposed bans
The Federal Trade Commission proposed a new rule Friday that would ban paying for reviews, suppressing honest reviews, selling fake social media engagement and more.
Indiana offers nationally ranked entrepreneurship programs at IU, Purdue and Ball State
Indiana University’s undergraduate entrepreneurship program ranks sixth in the nation, according to U.S. News & World Report. And both Ball State University and Purdue University offer programs that are among the 50 best in the country, according to the Princeton Review.
Noble Roman’s sparring with investor over proposed leadership shake-up
West Fargo, North Dakota-based restaurant operator BT Brands Inc. filed a proxy statement this month asking shareholders to vote for its own CEO, Gary Copperud, rather than reelect Noble Roman’s CEO Scott Mobley to the five-member Noble Roman’s board.
Drugmakers warn new law will deter discoveries
David Ricks, CEO of Indianapolis-based drugmaker Eli Lilly and Co., is turning up the volume on his concerns over a new law that would allow Medicare, for the first time, to negotiate drug prices.