Pace of wholesale inflation in U.S. shows 5th straight slowdown
The latest year-over-year figure was down from 8% in October and from a recent peak of 11.7% in March.
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Brohm leaving Purdue for 6-year deal as Louisville football coach
The school’s executive board approved a six-year contract on Thursday that will pay the departing Purdue University coach a base salary of $5 million next season with annual increases of $100,000, plus incentives.
FTC sues to block Microsoft-Activision Blizzard $69B merger
Xbox maker Microsoft has faced months of resistance from Sony, which makes the competing PlayStation console and has raised concerns with antitrust watchdogs around the world about losing access to popular game franchises such as Call of Duty.
Indiana doctor drops lawsuit against attorney general
Lawyers for Dr. Caitlin Bernard of Indianapolis voluntarily nixed the lawsuit filed last month against Indiana Attorney General Todd Rokita, according to court filings Thursday.
FDA clears updated COVID-19 vaccines for children under 5
The Food and Drug Administration’s decision aims to better protect the littlest children from severe COVID-19 at a time when children’s hospitals already are packed with tots suffering from a variety of respiratory illnesses.
Emmert’s advice: Next NCAA president needs ‘lot of patience’
Outgoing NCAA President Mark Emmert had some advice for his replacement in his first public appearance since announcing in April he was stepping down from position he has held for the last 12 years.
Weekly U.S. jobless claims climb modestly
About 1.67 million people were receiving jobless aid the week that ended Nov. 26, up 62,000 from the week before. That’s the most in 10 months, but still historically low.
Indiana sues TikTok, citing safety and security concerns
Indiana’s attorney general on Wednesday filed suit against Chinese-owned social media app TikTok, claiming the video-sharing platform misleads users, particularly children, about the level of inappropriate content and security of consumer information.
Justices skeptical of elections case that could alter voting
The case has profound potential effects on elections and democracy, and it is also a fresh test for the court that increasingly has been criticized as having become politicized.
As supply chains unclog, consumers enjoy (tentative) relief
The main factor behind the improvement has been diminished demand for manufactured goods. Spending on goods has fallen for three straight quarters, according to the Commerce Department.
IEA: Renewables could top coal as electricity source by 2025
More than 90% of global electricity expansion will be from renewable sources in the coming five years, the International Energy Agency said, revising its forecast for 2027 upward by 30%.
Trump Organization convicted in executive tax dodge scheme
Former President Donald Trump himself was not on trial but prosecutors alleged he “knew exactly what was going on” with the scheme, though he and the company’s lawyers have denied that.
Purdue, 2 other teams withdraw from Vegas women’s basketball tournament
Three college women’s basketball teams have withdrawn from a Las Vegas tournament as part of continuing fallout from a similar event at a Strip resort over Thanksgiving weekend where safety concerns were raised.
Justices spar in latest clash of religion, gay rights
The U.S. Supreme Court ‘s conservative majority sounded sympathetic Monday to a Christian graphic artist who objects to designing wedding websites for gay couples, a dispute that’s the latest clash of religion and gay rights to land at the highest court.
Real ID requirement for air travel delayed again
Postponing the enforcement of the last phase of the Real ID Act will give motor vehicle departments across the country more time to process the new credentials.
Hertz to pay $168 million in bogus theft settlement
Hertz Global Holdings Inc. said Monday that the settlement of 364 pending claims related to vehicle theft reporting would bring resolution to more than 95% of the pending theft reporting claims.
Reformers take 6 of 14 UAW board seats, could win majority
The reform candidates campaigned on taking a more confrontational stance in bargaining with Detroit’s three automakers. The adversarial stance is likely to raise costs for General Motors, Ford and Stellantis, which almost certainly would be passed on to consumers.
Indiana judge won’t block probe over 10-year-old’s abortion
The ruling comes two days after the attorney general’s office asked the state medical licensing board to discipline Dr. Caitlin Bernard, alleging she violated state law by not reporting the girl’s child abuse to Indiana authorities.
FBI director raises national security concerns about TikTok
FBI Director Chris Wray warned Friday that control of the popular video sharing app is in the hands of a Chinese government “that doesn’t share our values.”
EPA seeks to mandate more use of ethanol, other biofuels
The move was welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups.