Probe: Alzheimer’s drug approval ‘rife with irregularities’
The Food and Drug Administration’s contentious approval of Alzheimer’s drug Aduhelm took another hit Thursday as congressional investigators questioned the integrity of the process.
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Biden signs $1.7T bill funding government operations
The massive bill, which topped out at more than 4,000 pages, wraps together 12 appropriations bills, aid to Ukraine and disaster relief for communities recovering from natural disasters. It also contains scores of policy changes.
U.S. Census Bureau redefines meaning of ‘urban’ America
Almost 1,000 cities, towns and villages in the U.S. lost their status as urban areas on Thursday as the U.S. Census Bureau released a new list of places considered urban based on revised criteria.
New tax credits for EVs expected to boost their appeal
Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. But a complex web of requirements is casting doubt on whether anyone will be able to receive the full $7,500 credit.
Rocky ride: Tesla stock on pace for worst year ever
The company’s results have been solid this year in terms of profit and revenue, but electric vehicle models from other automakers are starting to chip away at Tesla’s dominance of the U.S. EV market.
Andretti partners with Taylor in sports car expansion
Michael Andretti widened his racing portfolio Wednesday by partnering with perennial contender Wayne Taylor Racing in the International Motor Sports Association sports car series.
Southwest Airlines flight cancellations continue to snowball
Exhausted Southwest Airlines travelers tried finding seats on other airlines or renting cars to get to their destination, but many remained stranded. The airline’s CEO said it could be next week before the flight schedule returns to normal.
Supreme Court asked to bar punishment for acquitted conduct
Dayonta McClinton was convicted of robbing a CVS pharmacy in Indianapolis but acquitted of murder by a jury. A judge gave McClinton an extra 13 years in prison for the killing anyway.
U.S. Supreme Court keeps asylum limits in place for now
Tuesday’s ruling preserves a major Trump-era policy that was scheduled to expire under a judge’s order on Dec. 21. The case will be argued in February.
States banking big bucks as Fed attempts to fight inflation
State governments emerging from the coronavirus pandemic built historic cash surpluses as inflation in prices and wages drove up sales and income tax collections.
State lawsuits defend abortion access with religious freedom
Lower courts in at least five states, including Indiana, have issued rulings in abortion-related religious freedom lawsuits.
Burst pipe prompts Children’s Museum to close for cleanup
Staff with the Children’s Museum of Indianapolis said a frozen sprinkler line had burst, flooding the Welcome Center in the museum on Indianapolis’ near-north side.
Southwest under scrutiny after wave of storm cancellations
The U.S. Department of Transportation called the rate of Southwest cancellations “disproportionate and unacceptable,” and sought to ensure that the Dallas carrier was sticking by its obligations to stranded customers.
Holiday sales up 7.6% despite squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
Mammoth spending bill aids retirees, boosts financial industry
A section of the $1.7 trillion spending bill passed Friday has been billed as a dramatic step toward shoring up retirement accounts of millions of U.S. workers. But the real windfall may go to a far more secure group: the financial services industry.
Facebook parent Meta will pay $725M to settle user data case
The case sprang from 2018 revelations that Cambridge Analytica, a firm with ties to Trump political strategist Steve Bannon, had paid a Facebook app developer for access to the personal information of about 87 million users of the platform.
Stadium construction manager with Indy ties pays $1.9M over minority hiring
Construction of the 9,500-seat, $160 million stadium in Worcester was managed by Gilbane/Hunt, a joint venture of Gilbane Building Co. of Providence, Rhode Island, and Aecom Hunt Construction Group Inc. of Indianapolis.
An inflation measure watched by the Fed eases to 5.5%
Friday’s report from the Commerce Department showed that prices rose 5.5% in November from a year earlier, down from a revised 6.1% increase in October and the smallest gain since October 2021.
Jan. 6 report: Trump ‘lit that fire’ of Capitol insurrection
The 814-page report released late Thursday comes after the panel interviewed more than 1,000 witnesses, held 10 hearings and obtained more than a million pages of documents.
Purdue reprimands campus leader for mocking Asian remark
The faculty senate of Purdue University Northwest has demanded the resignation of Chancellor Thomas Keon despite his apology over his impression of a fake Asian-sounding language during the Dec. 10 event.