GM to offer electrified Corvette as early as next year
GM has set a goal of building only electric passenger vehicles by 2035. It has pledged to have 30 electric vehicle models for sale globally by 2025.
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Reports: Twitter in talks with Musk over acquisition bid
Tesla CEO Elon Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.
COVID shots still work, but researchers hunting new improvements
COVID-19 vaccinations are at a critical juncture as companies test whether new approaches like combination shots or nasal drops can keep up with a mutating coronavirus—even though it’s not clear if changes are needed.
IndyCar, Indianapolis 500 announce plans to go green
Among the changes, all tires delivered to the Indianapolis Motor Speedway will be relayed by electric vehicles, and all electricity consumed at the speedway this May will be purchased through 100% renewable energy credits.
Why the Fed worries about strongest U.S. job market in decades
As the Federal Reserve sees it, the surge in job postings forces employers to boost wages to attract and keep workers. Those higher labor costs are then passed to customers in the form of higher prices, thereby helping fuel inflation.
Indiana candidate traded $1M lake home for garage apartment
Indiana congressional candidate Mike Sodrel changed his voter registration last year to an address local officials say isn’t a residence—a large metal-sided garage that he says has a two-bedroom bachelor pad inside.
U.S. airlines say they’ve reached a turning point in recovery
After a lousy first quarter, Airlines expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic.
Jernstedt ‘celebration’ includes unveiling of downtown Indy statue
Tom Jernstedt, long dubbed the “Father of the Final Four,” died in September at age 75. His widow, Kris, has scheduled a “celebration of life” at 2 p.m. at Gainbridge Fieldhouse on Saturday.
Pit concerns dissipate as IndyCar drivers crank up speed
IndyCar drivers got back to testing at Indianapolis Motor Speedway on Thursday. This time, there were no spins, no crashes and not as much talk about the slick warmup lane. Thirty-one of the 32 drivers entered in the Indianapolis 500 next month participated.
Fewest Americans collecting jobless aid since 1970
About 1.42 million Americans were collecting traditional unemployment benefits in the week of April 9, the smallest number since Feb. 21, 1970.
Nassar victims seeking $130M from FBI over bungled probe
Thirteen sexual assault victims claim a bungled investigation by federal agents led to more abuse by the former sports doctor for Michigan State University and Indianapolis-based USA Gymnastics.
Yellen walks out on Russia’s G-20 remarks
Treasury Secretary Janet Yellen and Ukraine’s Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia’s representative started talking.
Late crashes prompt IndyCar officials to cut testing short
Three Indianapolis 500 winners spun while coming out of the pits Wednesday at Indianapolis Motor Speedway and four-time race champion Helio Castroneves hit the second turn wall with about 80 minutes left in an unusually chaotic testing session.
Justice Department to appeal order voiding travel mask mandate
The notice came minutes after the Centers for Disease Control and Prevention asked the Justice Department to appeal the decision handed down by a federal judge in Florida earlier this week.
Anthem raises full-year forecast after topping quarterly expectations
Medical enrollment at Anthem reached 46.8 million members as of March 31, an increase of 3.3 million, or 7.5 percent, from the prior year.
All-female IndyCar team announces three-race schedule, no 500
Bypassing a chance to become the 33rd entry for the series’ biggest race next month could make Beth Paretta’s team more competitive in the long run.
Tougher federal environmental review for big projects to be restored
A rule finalized Tuesday will restore key provisions of the National Environmental Policy Act, an environmental law designed to ensure community safeguards during reviews for a wide range of federal proposals.
Biden launches $6B effort to save distressed nuclear plants
Owners or operators of nuclear power reactors that are expected to shut down for economic reasons can apply for funding to avoid closing prematurely. The first round of awards will prioritize reactors that have already announced plans to close.
Moderna takes step toward updating COVID shots for fall
Moderna hopes to offer updated COVID-19 boosters in the fall that combine its original vaccine with protection against the omicron variant.
Federal judge voids mask mandate for planes, other travel
The judge’s decision freed airlines, airports and mass transit systems to make their own decisions about mask requirements, resulting in a mix of responses.