Chip shortage forces GM to pause production at Indiana plant
The plant makes Chevrolet Silverados and GMC Sierra light duty pickups and employs more than 4,000 blue collar workers.
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Southwest Airlines adding fourth fare level to boost revenue
It’s the first major change in Southwest’s fare structure in 15 years. Airline officials said the changes announced Thursday will take effect in May or June.
U.S. Postal Service doubles number of electric delivery trucks in initial order
The Postal Service formally placed its initial $2.98 billion order for 50,000 vehicles with at least 10,019 of them being battery-electric vehicles. That represents a doubling of electric vehicles from the initial plan.
Pressured by patients, FDA reviews ALS drug with modest data
Experts who study FDA decision-making see a troubling pattern in which the beleaguered agency is continually pressured to accept weaker evidence, damaging its scientific credibility and opening the door to ineffective treatments.
U.S. weekly jobless claims at lowest level since 1969
In total, 1,350,000 Americans were collecting jobless aid the week that ended March 12, another five-decade low.
Pandemic relief money spent on hotel, ballpark, ski slopes
Scores of projects across the United States are being funded with federal coronavirus relief money despite having little to do with combating the pandemic, a review by The Associated Press has found.
U.S. plan aims to end racial, ethnic bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.
Biden administration to release plan to stop bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.
Fed’s Powell: Digital currencies will require new regulations
Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will need new rules to protect consumers.
Scientists worry virus variant might push up COVID cases in U.S.
One reason the variant has gained ground, scientists say, is that it’s about 30% more contagious than the original omicron.
United States agrees to lift tariffs on British steel, aluminum
In return, the British agreed to lift retaliatory tariffs on U.S. exports, including whiskey.
Toyota idling output at Indiana assembly plant for five days
Toyota Motor Corp. plans to pause production at its Princeton assembly pant because of supply chain disruptions. The Princeton plant assembles the hybrid Sienna minivan, the Highlander/Highlander hybrid SUV and the Sequoia full-size SUV.
Ryan eager for new start with Colts after 14 seasons in Atlanta
The 14-year NFL veteran and 2016 league MVP left Atlanta and arrived at his new team complex Tuesday, hoping to become the third straight veteran quarterback to win a Super Bowl in his first season with a new team.
Top colleges accused of violating Black athletes’ rights
A group that advocates for college athletes has filed a federal complaint that claims NCAA Division I schools are violating the civil rights of Black basketball players and major college football players by prohibiting compensation.
COVID budget impasse halts aid to test, treat uninsured
With an urgent funding request stuck in Congress, a federal agency says it can no longer cover COVID test and treatment bills for uninsured people and will stop taking claims at midnight Tuesday.
UPDATE: Colts acquire Falcons quarterback Matt Ryan
Ryan’s arrival means the Colts will be starting a new opening-game quarterback for the sixth consecutive year. Indianapolis traded last year’s starter, Carson Wentz, to the Washington Commanders earlier this month.
Powell says Federal Reserve will hike further, faster if necessary
Federal Reserve Chairman Jerome Powell said that if necessary, the central bank would be open to raising rates by a comparatively aggressive half-point at multiple Fed meetings. The Fed hasn’t raised its benchmark rate by a half-point since May 2000.
Biden warns U.S. companies of potential Russian cyberattacks
Addressing corporate CEOs at their quarterly meeting, Biden told the business leaders they have a “patriotic obligation” to harden their systems against such attacks.
High court nominee Jackson pledges to decide cases ‘without fear or favor’
Supreme Court nominee Ketanji Brown Jackson, 51, thanked God and professed love for “our country and the Constitution” in a 12-minute statement to the Senate Judiciary Committee at the end of her first day of confirmation hearings.
New corporate climate change disclosures proposed by SEC
The required disclosures would include greenhouse gas emissions produced by companies directly or indirectly—such as from consumption of the company’s products, vehicles used to transport products, business travel and energy used to grow raw materials.