Justices reject Johnson & Johnson appeal of $2B talc verdict
The Supreme Court is leaving in place a verdict in favor of women who claim they developed ovarian cancer from using Johnson & Johnson talc products.
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Moderna seeks full FDA approval for its COVID-19 vaccine
So far, more than 124 million doses of Moderna’s vaccine have been administered in the United States.
Construction spending posts modest monthly gain
Through the first four months of this year, construction activity is 5.8% higher than the same period in 2020.
Forecast: Global economy rebounding, faces multiple threats
The Organization for Economic Cooperation and Development predicted global output would rise 5.8%, raising its forecast from 4.8% during its previous outlook in December.
COVID-19 variants to be labeled as Greek letters
The World Health Organization said a group of experts came up with the new system, which will not replace scientific naming systems but will offer “simple, easy to say and remember labels” for variants.
Johnson & Johnson asks high court to void $2B talc verdict
The case features an array of high-profile attorneys, some in unusual alliances, including former independent counsel Kenneth Starr, who is representing the women who sued Johnson & Johnson.
Illinois developer plans $20M industrial building in Indiana
The Homerlee Business Park will be built in East Chicago, less than a mile from Interstate 90 and near the Interstate 80/94 expressway.
Biden honors war dead at Arlington, implores nation to heal
President Biden invoked the iconic battles of history and joined them to the present as he implored Americans to rise above the divisions straining the union, which he described in stark terms.
White House gives GOP one week to reach deal on infrastructure
Transportation Secretary Pete Buttigieg said time is running short for a bipartisan deal on infrastructure, indicating that President Joe Biden will look to act without Republican support if there is no consensus when Congress returns from its Memorial Day break.
Indianapolis 500 welcomes 135,000 fans in global benchmark
The largest crowd in the world for a sports event showed up in joyous force on Sunday, 135,000 of them packing the stands at Indianapolis Motor Speedway.
Helio Castroneves wins Indianapolis 500 for fourth time
The Brazilian joined A.J. Foyt, Al Unser Sr. and Rick Mears, his former mentor at Team Penske, as the only four-time winners of “The Greatest Spectacle in Racing.” Mears was the last driver to join the club in 1991.
Evansville woman pleads guilty to absentee ballot charge
Prosecutors said Reed mailed the absentee ballot applications with instructions leaving voters no choice but to participate in the Democratic Party’s June 2 primary.
Rioters blame their actions on 2020 election misinformation
Lawyers for at least three defendants charged in connection with the violent siege tell The Associated Press that they will blame election misinformation and conspiracy theories, much of it pushed by then-President Donald Trump, for misleading their clients.
Biden’s $6T budget: Social spending, taxes on business
President Joe Biden on Friday unveiled a budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy.
Purdue plans vaccine cash drawing as IU faces policy critics
Purdue’s “Old Golden Ticket” drawing makes students who submit proof of a COVID-19 vaccination by July 15 eligible for one of 10 prizes paying $9,992. That is the equivalent of a year’s undergraduate tuition.
Travel numbers climb as Americans hit the road for holiday
Americans hit the road in near-record numbers at the start of the Memorial Day weekend, as their eagerness to break free from coronavirus confinement overcame higher prices for flights, gasoline and hotels.
U.S. consumers boosted spending in April as inflation surged
The April gain was led by a 1.1% rise in spending on services, the sector that covers airline travel, hotels and restaurants—areas that were devastated by the pandemic-caused shutdowns a year ago.
CEO pay at public companies rises even as pandemic ravages economy
The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020. That’s 5% more than the median pay for that same group of CEOs in 2019.
IndyCar courts Black fans, drivers in its push to diversify
Much like NASCAR dealt with its own racial reckoning last year, IndyCar is moving to create a more diverse workforce throughout all levels of a series that has had just two Black drivers race in the Indy 500, its showcase annual event that dates to 1911.
Senate eyes R&D bill to counter China, bolster chip manufacturing
What started as a pragmatic effort to boost scientific research has morphed into sweeping bill aimed at making the U.S. more competitive, including $50 billion in emergency funds to shore up domestic computer chip manufacturing.