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.
Associated Press
Articles
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.
Migrant crossings hit two-decade high as U.S. plans to lift curb on asylum
The number of migrant encounters has gone up nearly every month since President Joe Biden took office, becoming fodder for political opponents who point to the increase as evidence that this administration is weaker on border security than its predecessor.
Congress seeks compromise to boost computer chip industry
Both the House and the Senate have passed major legislation on the matter, and the effort is one of lawmakers’ final opportunities before the November elections to show voters they are addressing the nation’s strained supply chains.
Biden to require U.S.-made steel, iron for infrastructure
President Joe Biden said that the roughly $700 billion the government devotes annually to procuring goods is supposed to prioritize U.S. suppliers, but regulations going back to the 1930s have either been watered down or applied in ways that masked the use of foreign imports.
IRS expects to receive tens of millions of tax returns on Monday
Monday is Tax Day—the federal deadline for individual tax filing and payments. About 40% of this year’s taxpayers still haven’t filed a return.
COVID-19 cases rising again in United States
No one expects a peak nearly as high as the last one, but experts warn that the coming wave–caused by a mutant called BA.2 that’s thought to be about 30% more contagious–will wash across the nation.
Twitter adopts ‘poison pill’ defense in Musk takeover bid
Twitter’s plan would take effect if Musk’s roughly 9% stake grows to 15% or more. Even then, Musk could still take over the company with a proxy fight by voting out the current directors.