Another $237M granted to Honda battery plant project in Ohio
Honda had also considered Greensburg, Indiana, as a possible site for the plant before deciding on Ohio.
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Primary care remains hot deal target as CVS makes $10.6B bid
CVS Health is seeking to buy Oak Street Health, which runs clinics that specialize in treating Medicare Advantage patients.
Proposal advances for Indiana driving cards for illegal immigrants
A state Senate committee voted 5-4 to endorse the bill, a step that comes after similar proposals introduced over the past decade never advanced in the Republican-dominated Legislature.
Indiana lawmakers look to broaden birth control access
While Indiana’s abortion ban is on hold pending a decision from the state Supreme Court, lawmakers are looking to bolster services that would prevent those pregnancies in the first place.
Microsoft bakes ChatGPT-like tech into search engine Bing
The revamping of Microsoft’s second-place search engine could give the software giant a head start against other tech companies in capitalizing on excitement surrounding ChatGPT, a tool that’s awakened millions to the possibilities of the latest AI technology.
Fed’s Powell: Strong hiring could force further rate hikes
Jerome Powell’s remarks followed the government’s blockbuster report last week that employers added 517,000 jobs in January, nearly double December’s gain. The unemployment rate fell to its lowest level in 53 years, 3.4%.
Gallup: Just 2 in 10 U.S. employees have work ‘best friend’
The Gallup survey found a strong link between workers with best friends on the job and profitability, safety, inventory control and retention.
Super Bowl betting projected to reach $16 billion this year
The American Gaming Association forecasts that 1 in 5 American adults will place a bet on Sunday’s NFL championship game between the Philadelphia Eagles and the Kansas City Chiefs.
AMC to charge more for good seats in movie theaters
AMC said the pricing plan, dubbed “Sightline,” has already been rolled out in some locations and, by the end of the year, will be in place at all domestic AMC theaters during showings after 4 p.m.
Dell latest to trim headcount as big tech job cuts keep coming
The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough.
For Super Bowl ads this year, crypto is out, booze is in
Mark Evans, executive vice president of ad sales for Fox Sports, said a few ads went for more than $7 million for a 30-second spot. Most sold between $6 million and $7 million.
U.S. downs Chinese balloon, drawing threat from China
China responded that it reserved the right to “take further actions” and criticized the U.S. for “an obvious overreaction and a serious violation of international practice.”
Dems reshuffle primaries to stress diversity over tradition
Although more changes are possible later this year, the formal endorsement by the Democratic National Committee during its meeting in Philadelphia is an acknowledgement that the start of the 2024 primary will look very different from the one in 2020.
U.S. adds surprisingly strong 517,000 jobs despite Fed hikes
January’s job growth far exceeded December’s 260,000 total and extended a streak of powerful hiring gains that raised concerns at the Federal Reserve about inflation pressures.
Two rivals from factory floors facing off in race to lead UAW
In the first-ever direct election of a UAW president in the union’s 88-year history, Ray Curry, who started on the assembly line at a truck plant in North Carolina, faces Shawn Fain, 54, who began as an electrician at a Chrysler metal casting plant in Kokomo, Indiana.
U.S. filings for jobless aid lowest since April
The job market has withstood aggressive rate hikes by the Federal Reserve as the Fed attempts to cool the economy and bring down inflation.
Funding-boost bill for Indiana public health program advances
State Health Commissioner Dr. Kristina Box, several medical organizations and business groups urged lawmakers to support the plan, pointing to Indiana’s poor national rankings in areas such as smoking, obesity and life expectancy.
Ten states mull cross-border rules to tackle teacher shortage
The Interstate Teacher Mobility Compact would effectively allow teaching licenses to be viable across members of the compact, cutting through the current 50-state patchwork of disparate requirements.
Republican-led committee targets COVID relief fraud for review
More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding myriad COVID-19 relief programs that Congress established in the early days of the pandemic.
Fed lifts rate by quarter-point and signals more hikes ahead
The Fed’s latest move, though smaller than its previous hike—and even larger rate increases before that—will likely further raise the costs of many consumer and business loans and the risk of a recession.