Burger King owner buying out its biggest U.S. franchisee for about $1 billion
Carrols Restaurant Group runs 1,022 Burger King restaurants in 23 states, including more than 100 in Indiana.
Associated Press
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Trump notches record win in Iowa caucuses; DeSantis edges Haley for second
Iowa has been an uneven predictor of who will ultimately lead Republicans into the general election. George W. Bush’s 2000 victory was the last time a Republican candidate won in Iowa and went on to become the party’s standard-bearer.
Washington state sues to block proposed merger of Kroger and Albertsons grocery chains
In a statement Monday, Kroger said it was delaying its timeline for closing the $25 billion deal due to ongoing dialogue with regulators, including state attorneys general and the Federal Trade Commission.
Fueled by unprecedented border crossings, a record 3M cases clog U.S. courts
Judges, attorneys and migrant advocates worry that the growing backlog is rendering an already strained system unworkable.
As legal challenges mount, some companies retool diversity, inclusion programs
Most major companies have so far stuck by diversity initiatives, which many ramped up in the face of pressure from some shareholders, employees and customers. But some have made changes to try to protect them from legal scrutiny.
Wholesale inflation declined last month, signaling price pressures still easing
The Labor Department reported Friday that its producer price index—which tracks inflation before it reaches consumers—declined 0.1% from November to December after falling 0.1% in November and 0.4% in October.
Some Americans will get student loans canceled in February as Biden accelerates new plan
Borrowers will be eligible for cancellation if they are enrolled in the new SAVE plan, if they originally borrowed $12,000 or less to attend college, and if they have made at least 10 years of payments.
Average long-term mortgage rates rise again, reaching their highest level in 4 weeks
The average rate on a 30-year mortgage rose to 6.66% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.33%.
Big Detroit auto show abandons September date and will move back to its roots in January
The next North American International Auto Show is now scheduled for Jan. 10 through Jan. 20 next year, organizers said Thursday.
Anthony Richardson eager to get back on the field after missing most of 2023 with a shoulder injury
Richardson showed promise in his four starts. He completed 50 of 84 attempts with 577 yards, three touchdowns and one interception. He also ran 25 times for 136 yards and four scores.
Biden awards $623M to states, local governments and tribes to build EV charging network
A proposal from the Michiana Area Council of Governments for an EV charging project based in Indiana is set to receive $4.2 million.
U.S. inflation edges up, fueled by energy and housing prices
However, excluding volatile food and energy costs, so-called core prices rose just 0.3% month over month, unchanged from November’s increase.
Lilly Endowment donates $100M to United Negro College Fund will support HBCU endowments
The gift announced Thursday will go toward a pooled endowment for the 37 historically Black colleges and universities that form UNCF’s membership, with the goal of boosting the schools’ long-term financial stability.
Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading
Starbucks said Wednesday it was aware of the lawsuit and will “aggressively defend against the asserted claims.”
Alaska Airlines cancels flights on certain Boeing planes through Saturday for mandatory inspections
The development came as signs indicate some travelers might try to avoid flying on Max 9 jetliners—at least temporarily.
NCAA President Charlie Baker talks growing fanbase, gambling and new tier of Division in 1st address
Baker, who started as NCAA president March 1, gave his state of college sports address at a packed symphony hall in the Phoenix Convention Center.
For consumers shopping for EVs, new rules mean fewer models qualify for tax credit
Qualifying for the credits depends on requirements related to their battery makeup and minerals that get tougher each year.
New rule tightens worker classification standards; Uber, Lyft say drivers won’t be affected
The Labor Department rule, which the Biden administration proposed 15 months ago, replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors.
Gov. Eric Holcomb to deliver 2024 State of the State address
The address will begin at 7 p.m. EST and will be livestreamed over YouTube.
Tiger Woods, Nike end partnership after more than 27 years
The move raises questions about the future of both Woods and Nike in pro golf.