Treasury moves forward with database on corporate ownership
Tens of millions of small U.S. companies will soon be required to provide the government with details on their owners and others who benefit from them
Associated Press
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Smith & Wesson sued over link to July 4 parade mass shooting
The suits accuse gun-maker Smith & Wesson of illegally targeting its ads at young men at risk of committing mass violence.
Amazon to raise average hourly pay by $1 to $19 in October
Beginning in October, warehouse and transportation workers would earn between $16 and $26 an hour, depending on their position and location in the U.S.
Regions Bank to refund $141M for illegal overdraft fees
A federal investigation found Regions was charging overdraft fees on some ATM withdrawals as well as some debit card purchases, even after the bank told the customers they had enough funds to cover the transactions.
Biden’s strategy to end hunger in U.S. includes more food-buying assistance
In a plan released Tuesday, the administration is also seeking to increase healthy eating and physical activity so fewer people are afflicted with diabetes, obesity, hypertension and other diet-related diseases.
Woman critical, suspect dead after Subaru plant shooting
Lafayette police reported that the woman and the suspected shooter previously had been in a relationship.
Biogen pays $900M to settle doctor kickback allegations
The deal resolves allegations that the pharmaceutical maker violated federal law by paying kickbacks to doctors to persuade them to prescribe its multiple sclerosis drugs.
Libertarian group sues to block student debt cancellation
The lawsuit was filed in federal court in Indiana, one of several states that plan to tax any student debt canceled by President Biden’s plan.
White House: New rule will show ‘true cost’ of plane tickets
The new rule is intended help consumers save money up front and encourage more competition among airlines to offer better fares.
Fed officials call for more rate hikes to fight inflation
The Federal Reserve will have to keep boosting its benchmark interest rate to a point that raises unemployment and gets inflation down from unusually high levels, two officials said in separate remarks Monday.
Pfizer seeks to expand omicron booster to 5- to 11-year-olds
The hope is that the modified boosters will help tamp down continuing COVID-19 cases and blunt another winter surge.
NFL ends Pro Bowl in favor of skills competitions, flag game instead
Former Indianapolis Colts quarterback Peyton Manning and his Omaha Productions company will help shape programming for “The Pro Bowl Games” and promote the event’s content.
NASCAR legend, IndyCar driver Jimmie Johnson to retire from full-time racing
Johnson for sure won’t return for a second full IndyCar season with Chip Ganassi Racing. He raced only the street and road courses in 2021, added the ovals to run the full 2022 season and now isn’t even sure if he’ll run IndyCar at all.
Indiana appeals judge’s order blocking state’s abortion ban
The appeal was filed Thursday night after Owen County Judge Kelsey Hanlon issued a preliminary injunction against the abortion ban, putting the new law on hold.
Senator says electric car tax credit needs ‘flexibility’
U.S. Sen. Raphael Warnock from Georgia is raising concerns that the tax credit President Joe Biden signed into law last month could place some automakers at a competitive disadvantage.
Indiana abortion clinics reopening after judge blocks ban
Indiana’s abortion clinics, which were to lose their state licenses under the ban, are preparing to resume the procedures.
4.4M Americans roll up sleeves for omicron-targeted boosters
The Centers for Disease Control and Prevention posted the count Thursday as public health experts bemoaned President Joe Biden’s recent remark that “the pandemic is over.”
McLaren hires Barnhart, considering Kyle Busch for Indy 500
The head of McLaren Racing held a town hall Thursday at the team’s IndyCar shop to introduce new hire Brian Barnhart and quell any concerns over this week’s sudden departure of the team president.
Average U.S. long-term mortgage rates hit 15-year high
Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.
Walmart, Target begin holidays early to ease inflation sting
The holiday sales strategies, announced on Thursday, come amid what is expected to be slower holiday sales growth compared with a year ago.