Indiana bill banning gender-transition care for minors sent to governor
The bill would prohibit transgender youth under 18 from accessing hormone therapies, puberty blockers and surgeries in the state.
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U.S. to adopt new restrictions on using commercial spyware
The order responds to growing U.S. and global concerns about programs that can capture text messages and other cellphone data. Some programs—so-called “zero-click” exploits—can infect a phone without the user clicking on a malicious link.
Troubled Silicon Valley Bank to be acquired by First Citizens
While more than half of Silicon Valley’s assets will remain in U.S. receivership, the First Citizens deal announced late Sunday, at least initially, seemed to achieve what regulators have sought: a shoring up of trust in U.S. regional banks.
Huge school voucher expansion faces questions in Senate
The expansion backed by Indiana House Republicans could cost more than $500 million over the next two years—nearly one-third of the total proposed school funding increase—by raising the income limit to qualify for state money toward private school tuition.
Gap grows between TikTok users, lawmakers on potential ban
On the one side are dozens of lawmakers on Capitol Hill issuing dire warnings about security and possible Chinese surveillance. On the other are some 150 million TikTok users who just want to be able to keep making and watching short, fun videos.
Twitter say parts of its source code leaked online
The leak creates more challenges for billionaire Elon Musk, who bought Twitter last October for $44 billion and took the company private. Since then, it has been engulfed in chaos, with massive layoffs and advertisers fleeing.
Indiana native wins close race to lead United Auto Workers union
A court-appointed monitor declared challenger Shawn Fain the winner over incumbent Ray Curry. Fain’s slate of candidates won control of the big union, as workers rejected most incumbents in the wake of a bribery and embezzlement scandal.
Fed’s unwanted ally in bid to tame inflation: Credit crunch
Signs of a possible credit crunch in the United States had begun to emerge even before Silicon Valley Bank collapsed on March 10, raising worries about the stability of the financial system.
New Starbucks CEO plans to work in stores monthly
Laxman Narasimhan, the new CEO of Starbucks, has spent the last six months immersing himself in Starbucks, earning his barista certification as well as visiting stores, farms and manufacturing centers across the world.
Court blocks COVID-19 vaccine mandate for federal workers
The 5th U.S. Circuit Court of Appeals in New Orleans rejected arguments that Biden, as the nation’s chief executive, has the same authority as the CEO of a private corporation to require that employees be vaccinated.
UPDATE: TikTok CEO grilled by skeptical lawmakers on safety, content
A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million U.S. users no closer to an answer as to whether the app will be wiped from their devices.
Ford says EV unit losing billions, should be seen as startup
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. Those figures were released Thursday as Ford rolled out a new way of reporting financial results.
Women hope Sweet 16 next step to own March Madness TV deal
The NCAA is expected to decide by the fall if the women’s tournament will become a separate entity after hiring Endeavor, a consulting firm, to determine how to take championships to market.
Survey: Americans’ faith in banks low after failures
The underwhelming assessment of America’s banks and bank regulation comes after a series of shocks brought back disturbing memories of the 2008-2009 financial crisis.
Fed raises key rate by quarter-point despite bank turmoil
The Fed warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions” and “weigh on economic activity, hiring and inflation.”
UPDATE: Supreme Court chews on Jack Daniel’s dog toy dispute
The question for the court has to do with whether the manufacturer infringed on Jack Daniel’s trademarks with its bottle-shaped chew toy or whether the product is just a “playful dog-toy parody.”
Pence seeks ‘common sense’ Social Security, Medicare reform
As he mulls a 2024 presidential bid, former Vice President Mike Pence on Tuesday called for “common sense and compassionate solutions” to reform entitlement programs and the nation’s debt burden, suggesting changes to Social Security and Medicare programs.
Fed facing blurrier outlook as it meets to weigh rate hike
The Federal Reserve will have to decide whether to extend its year-long streak of rate hikes despite the jitters roiling the financial industry.
College hoops staffs specialize to meet roster, NIL demands
Coaches across college basketball are bolstering support staffs and looking at ways to evolve to deal with recruiting, roster management and athletes who can earn money.
Army of lobbyists helped water down banking regulations
Former Sen. Joe Donnelly of Indiana was among the top Senate recipients of money from the banking industry during the 2018 campaign season when he served on a group that successfully pushed for easing banking oversight.