Indiana judge declines request to block state’s abortion ban
The ruling came in a lawsuit filed by abortion clinic operators who argue that the state constitution protects access to the procedure.
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Rail workers win key concessions in deal to prevent strike
The raises workers will receive as part of this deal will be the biggest ones they have received in more than four decades.
Retail sales saw slight increase in August amid inflation
Overall spending has slowed and shifted increasingly toward necessities like food, while spending on electronics, furniture, new clothes and other non-necessities has faded.
New survey looks at pandemic’s impact on U.S. daily lives
During the first two years of the pandemic, the number of people working from home tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, according to survey results released Thursday by the U.S. Census Bureau.
Biden: Tentative railway labor deal reached, averting strike
President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy.
Major college football ADs urge reform, but not NCAA breakaway
The athletic directors who lead the schools that play Division I college football at the highest level want the sport to continue be governed by the Indianapolis-based NCAA—if that governance can be streamlined.
California sues Amazon, alleging antitrust law violations
Amazon controls roughly 38% of online sales in the U.S., more than Walmart, eBay, Apple, Best Buy and Target combined, according to the research firm Insider Intelligence.
From carmakers to refiners, industries brace for rail strike
Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled.
Palou, Rosenqvist to remain with IndyCar teams next season
Driver Alex Palou will remain with Chip Ganassi Racing next season and Felix Rosenqvist will keep his seat with McLaren, the drivers announced Wednesday.
Jim Beam plans $400M expansion to ramp up bourbon production
The expansion will be used to produce two mainstays — Jim Beam white and black label bourbons — and will mostly support expected sales growth overseas.
U.S. wholesale inflation declined last month to still-high 8.7%
The cost of services—which are increasingly driving consumer inflation—rose 0.4% in August, driven by higher prices for public transportation, car rentals and some financial services.
Businesses, White House plan for possible rail strike Friday
Railroads have already started to curtail shipments of hazardous materials and refrigerated products ahead of Friday’s strike deadline.
Starbucks to revamp stores to speed service, boost morale
The company also said it plans to open 2,000 net new stores in the U.S. by 2025, with an emphasis on meeting the growing demand for new types of service, including drive-thru, mobile ordering and delivery.
Wall Street has worst day in more than 2 years on inflation data
The hotter-than-expected inflation reading has traders bracing for the Federal Reserve to ultimately raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails.
Twitter whistleblower cites security flaws before Congress
The former security chief at Twitter told Congress that the social media platform is plagued by weak cyber defenses that make it vulnerable to exploitation by “teenagers, thieves and spies” and put the privacy of its users at risk.
U.S. inflation slows for second month but remains stubbornly high
Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.
Production resumes at Indiana refinery shut down after fire
The refinery produces about 435,000 barrels per day and provides about 20% to 25% of the refined gasoline, jet fuel, and diesel used by Illinois, Indiana, Michigan, and Wisconsin.
Indiana court hearing set after abortion ban takes effect
The special judge overseeing the case issued an order Monday setting a court hearing for Sept. 19, which is four days after the ban’s effective date.
Pressure mounts on U.S. railroads, unions to reach deal
Freight railroads and their unions face a looming strike deadline on Friday, and business groups say a stoppage halting deliveries of raw materials and finished products that so many companies rely on would be an economic disaster.
U.S., Mexico to cooperate on semiconductors, electric vehicles
The countries seek to eat into Asia’s advantage in semiconductors and batteries needed for electric vehicles and promote North American production.