Sony laying off 100 in Indiana, moving disc work to Austria
The Terre Haute plant was the first manufacturer of compact discs in the U.S., beginning production in September 1984 with Bruce Springsteen’s “Born in the U.S.A” album.
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Industrial output falls 0.1% unexpectedly amid supply issues
Manufacturing output fell by 0.3%, with output at auto plants down 1.3%. Automakers have been hurt by supply chain problems, especially shortages of crucial computer chips.
Indiana state senator hoping to replace Hollingsworth
Republican Sen. Erin Houchin of Salem announced Thursday, a day after Hollingsworth said he would not seek reelection, that she would seek the GOP nomination for the 9th District seat
December retail sales slide 1.9% amid shortages, omicron
Americans, beset by product shortages, rising prices and the arrival of omicron, sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Colts’ general manager hopes to address late collapse in offseason
Team owner Jim Irsay sent a letter to fans on Wednesday in which he described the playoff-eliminating loss to Jacksonville on Sunday as “perhaps the worst way possible” to end a season.
COVID-19 pill rollout stymied by shortages as omicron rages
Two brand-new COVID-19 pills that were supposed to be an important weapon against the pandemic in the United States are in short supply and have played little role in the fight against the omicron wave of infections.
U.S. to double free COVID tests, add masks to fight omicron
The federal government plans will double to 1 billion the rapid, at-home COVID-19 tests to be distributed free to Americans, along with “high-quality masks.”
Navient settles predatory student loan claims for $1.85B
Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the United States and pay over $140 million in other penalties to settle allegations of abusive lending practices.
Supreme Court halts COVID-19 vaccine rule for U.S. businesses
At the same time, the court is allowing the administration to proceed with a vaccine mandate for most health care workers in the United States.
U.S. jobless claims rise to highest level since mid-November
The weekly applications, a proxy for layoffs, have risen in four of the last five weeks, a period that runs in tandem with the spread of the omicron variant.
Fed survey finds economy growing modestly despite COVID
The Federal Reserve said its 12 regional banks found that the economy was continuing to grow, but many regions reported a sudden pullback in spending on leisure travel, hotels and restaurants because of the rapid spread of the omicron variant of the coronavirus.
Veteran Indiana legislator Mrvan stepping down from seat
Democratic Sen. Frank Mrvan of Hammond has represented Hammond and neighboring communities in the state Senate for all but four years since 1978, serving more than 39 years in the Legislature.
Indianapolis denies FedEx shooting victims’ $2M payout request
Harpreet Singh, Lakhwinder Kaur and Gurinder Bains, who were injured or lost family members in the April 15 attack, each requested $700,000 in damages from the city.
Omicron might be headed for rapid drop in United States, Britain
The reason: The COVID-19 variant has proved so wildly contagious that it may already be running out of people to infect, just a month and a half after it was first detected in South Africa.
U.S. inflation soared 7% over past year in biggest jump since 1982
Rising prices have wiped out the healthy pay increases that many Americans have been receiving, making it harder for households, especially lower-income families, to afford basic expenses.
Medicare limits coverage of $28,000-a-year Alzheimer’s drug
Medicare officials stressed Tuesday that they did not take cost into account in the coverage decision, but rather whether Aduhelm is “reasonable and necessary” for treating Alzheimer’s patients enrolled in the program.
EPA moves to crack down on dangerous coal ash storage ponds
Plants in four states, including Indiana, will have to close the coal ash ponds months or years ahead of schedule, the EPA said Tuesday, citing deficiencies with groundwater monitoring, cleanup or other problems.
Indiana lawmakers get pushback on partisan school board bill
School board members from across Indiana voiced opposition Tuesday to a Republican-backed proposal that would add political party identifications to what are now nonpartisan school board elections throughout the state.
Indiana House backs dropping state’s handgun permit law
The proposal, which would loosen Indiana’s already lenient firearms restrictions, passed on a largely party-line 63-29 vote despite the opposition of several major law enforcement organizations.
U.S. shoppers find some groceries scarce due to virus, weather
The shortages are widespread, impacting produce and meat as well as packaged goods such as cereal. And they’re being reported nationwide.