BlockFi seeks protection as FTX collapse rattles crypto
In a Monday filing for bankruptcy protection in New Jersey, where it is based, BlockFi claimed more than 100,000 creditors and liabilities ranging from $1 billion to $10 billion.
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After record Black Friday, consumers turn to Cyber Monday for more deals
Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe Analytics, which tracks transactions at over 85 of the top 100 U.S. online stores.
IU coach: Vegas tourney a setback for women’s basketball
Indiana University women’s basketball coach Teri Moren said she considered not playing the University of Memphis on Saturday night in the Las Vegas Invitational because no paramedics were on site.
Workers protest, beaten at virus-hit Chinese iPhone factory
Employees at the world’s biggest Apple iPhone factory were beaten and detained in protests over pay amid anti-virus controls, according to witnesses and videos on social media Wednesday, as tensions mount over Chinese efforts to combat a renewed rise in infections.
Unemployment claims rise to 240,000, highest since August
The number of Americans applying for unemployment benefits rose last week to the highest level since August but still remains low by historic standards.
Indiana lawmakers return ahead of new state budget debate
The four-month-long 2023 session that begins in early January will focus on drafting a new state budget, with Democrats calling for a pause on debating contentious social issues after Republican lawmakers pushed through the state’s abortion ban over the summer.
Thanksgiving travel rush is back with some new habits
Experts say many people will start holiday trips early or return home later than normal because they will spend a few days working remotely — or at least tell the boss they’re working remotely.
Supreme Court OKs handover of Trump tax returns to Congress
The court, with no noted dissents, rejected Trump’s plea for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to the Democratic-controlled House Ways and Means Committee.
Proposed merger of two publishing giants is officially over
Paramount Global says it still plans to sell Simon & Schuster, a nearly century-old company where authors include Stephen King, Colleen Hoover and Bob Woodward.
Doctor defends actions in 10-year-old’s abortion
Dr. Caitlin Bernard testified during the second day of a court hearing on an attempt to block Indiana’s Republican attorney general from seeking patient medical records.
Connecticut Sun hires Stephanie White as head coach
White, who led Purdue University to a national championship, has a combined 15 seasons of experience as a player and coach in the WNBA, most recently as the head of the Indiana Fever in 2015-2016.
U.S. supply chain under threat as unions, railroads, clash
A split vote Monday from the two biggest railroad unions follows the rejection by three other unions of their deals with the railroads that the Biden administration helped broker before the original strike deadline in September.
Indiana doctor: AG shouldn’t get abortion patient records
Lawyers for an Indianapolis doctor who provided an abortion to a 10-year-old rape victim from Ohio told a judge Friday that Indiana’s attorney general should not be allowed to access patient medical records for an investigation into undisclosed complaints.
NCAA women’s Final Four to remain on same weekend as men’s
An eight-month review of the women’s basketball championship included looking into moving the semifinal and championship games to an alternate weekend from the men’s Final Four.
Twitter risks fraying as engineers exit over Musk upheaval
Elon Musk’s managerial bomb-throwing at Twitter has so thinned the ranks of software engineers that industry insiders and programmers who were fired or resigned this week agree: Twitter may soon fray so badly it could actually crash.
Pelosi to step down from House leadership, stay in Congress
House Speaker Nancy Pelosi said Thursday that she will not seek a leadership position in the new Congress, ending a historic run as the first woman with the gavel and making way for a new generation to steer the party.
GM CEO Barra says electric vehicles to be profitable by 2025
GM is sticking by a pledge made by Mary Barra to sell more EVs in the U.S. than market leader Tesla by the middle of the decade.
Number of women working in the NFL steadily rising
The overall percentage of women in the NFL’s league office is at an all-time high of 41.3% in 2022, with 319 females holding various positions.
Trimming the fat: inflation finally hitting profit margins
Corporate profits have withstood raging inflation over much of the last year, but those good times might be ending.
Fed official suggests substantial rate hikes might be needed
Comments by James Bullard raised the prospect that the Federal Reserve’s interest rate hikes will make borrowing by consumers and businesses even costlier and further heighten the risk of recession.