Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, the company announced Tuesday.
A proposal to ban Indianapolis and more than 100 other Indiana cities from ever changing their names has been approved by the state Senate.
While no compromise was reached during the lengthy session, President Biden’s first with lawmakers at the White House, talks are privately underway on various alternatives.
Praised by President Joe Biden as bringing a “new voice” to the administration, Pete Buttigieg takes over a Transportation Department with 55,000 employees and a budget of tens of billions dollars.
When fully deployed, the pharmacy partnership will enlist about 40,000 drug stores nationwide, or roughly six times as many locations as are participating in the initial launch.
President Joe Biden told Republican senators during a two-hour meeting he’s unwilling to settle on an insufficient coronavirus aid package after they pitched their slimmed down $618 billion proposal that’s a fraction of the $1.9 trillion he is seeking.
Pete Buttigieg’s nomination was set for a final vote Tuesday in the full Senate, after the 39-year-old former mayor of South Bend received bipartisan praise at his confirmation hearing last week.
The Institute for Supply Management’s survey of businesses showed that 16 of 18 manufacturing industries showed growth in January. The contracting industries were printing and petroleum.
The CBO cautioned that its projections are highly uncertain, in large part because of the pace of the vaccination and the risk of new variations of the coronavirus.
The 11-page CDC order takes effect just before midnight on Monday night. It makes refusal to wear a mask a violation of federal law.
RACER Trust and Muncie officials said they have reached an agreement for the city to purchase the 53-acre main parcel of the former property.
The stock market sank again Friday as a speculative frenzy over GameStop and a handful of other stocks ramped up worries over how much damage an online revolt against Wall Street bigwigs can damage the broader market.
That finding, in a report from Johns Hopkins University, suggests that it could take nearly 18 months for not-for-profits to regain their pre-pandemic employment levels.
Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy.
Johnson & Johnson said it will file an application for emergency use for the single-dose vaccine in the United States within a week and then abroad.
The antibody treatment bamlanivimab was Lilly’s second-highest selling product in the final quarter of 2020, trailing only the popular diabetes drug Trulicity.
State lawmakers face the once-a-decade task of drawing new districts for congressional seats, along with the 100 Indiana House and 50 state Senate districts, based on population shifts.
Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms.
Despite President Biden’s calls for unity, Democrats said the stubbornly high unemployment numbers and battered U.S. economy leave them unwilling to waste time courting Republican support that might not materialize.
Investors continued to closely watch the wild swings in GameStop, AMC and several other stocks which have become targets for hordes of online investors who have sent them skyrocketing in recent days, taking on big hedge funds who have bet they will fall.
