Bicycle shops see bumpy ride after pandemic boom
Hobbled by pandemic-related supply chain issues, shops sold all their bikes and had trouble restocking. Now, inventory has caught up, but fewer people need new bikes.
Associated Press
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Pacers hope to continue home playoff streak, force Game 7 with Knicks
The Indiana Pacers are the last team with a perfect home record in the playoffs. If they don’t extend that streak Friday night in Game 6 against New York at Gainbridge Fieldhouse, their season will be over.
Google wants judge, not jury, to decide upcoming antitrust case
To bolster its case, the tech giant wrote a multimillion-dollar check to the U.S. government that it says renders moot the government’s best argument for demanding a jury trial.
Justice Department formally moves to reclassify marijuana as less dangerous drug
A proposed rule sent Thursday to the federal register recognizes medical uses of cannabis and acknowledges it has less potential for abuse than some of the most dangerous drugs.
Indiana Fever draw sellout crowd in home opener, lose big to Liberty
Amid high expectations, rookie Caitlin Clark struggled to find open shots and was hampered with foul trouble in her first home game for the Fever.
Dow tops 40,000 for the first time as Wall Street drifts higher
Stocks have continued to hold up despite the worst inflation in decades, the punishing effects of high interest rates and worries about a recession that seemed inevitable but hasn’t arrived.
Gambling on Caitlin Clark’s debut dwarfs betting on last year’s WNBA final
Sportsbooks say they expect increased betting on women’s sports overall this year because of Clark, the Olympics and increased media attention.
Billionaire says he’s putting together consortium to buy TikTok
If a sale occurs, the former owner of the Los Angeles Dodgers said he would plan to restructure TikTok and migrate the platform to an open-source protocol that allows for more transparency.
Fewer U.S., Indiana overdose deaths reported last year, but experts cautious
Prescription painkillers once drove the nation’s overdose epidemic, but they were supplanted years ago by heroin and more recently by illegal fentanyl.
‘American Idol’ alum Jordin Sparks to perform national anthem at Indy 500
Sparks, who won “American Idol” in 2007 at age 17, also performed the anthem before “The Greatest Spectacle in Racing” in 2015.
Senators urge $32B in emergency spending on AI after finishing yearlong review
A bipartisan group of four senators led by Majority Leader Chuck Schumer and including Sen. Todd Young (R-Indiana) is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and place safeguards around it,
Caitlin Clark finishes with 20 points in WNBA debut, sets turnover record in Fever loss
Clark struggled early in her WNBA debut Tuesday night as the visiting Indiana Fever fell to the Connecticut Sun 92-71 before a sellout crowd.
Content creators sue U.S. government over law that could ban TikTok
Attorneys for the creators argue in the lawsuit that the law violates users’ First Amendment rights to free speech, echoing arguments made by TikTok in a separate lawsuit filed by the company last week. The legal challenge could end up before the Supreme Court.
Google unleashes retooled search engine infused with AI options
The search engine will frequently favor responses crafted by artificial intelligence over website links, a shift promising to quicken the quest for information while also potentially disrupting the flow of money-making internet traffic.
Red Lobster to close dozens of restaurants, including one in Indianapolis
Red Lobster has been struggling for some time. With lease and labor costs piling up in recent years, the chain is now reportedly considering filing for bankruptcy.
Caitlin Clark to play before sellout crowd in WNBA regular-season debut
This Indiana Fever’s game in Connecticut will feature the second sold-out crowd Clark will play in front of in her extremely young WNBA career.
U.S. wholesale prices rose in April by more than projected
Tuesday’s unexpectedly high readings may raise concerns on Wall Street, at the White House and for inflation-fighters at the Federal Reserve.
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum
Officials say the tariffs will help thwart China’s efforts to dominate the market for emerging technologies in ways that pose risks to U.S. national security and economic stability.
Attorney says settlement being considered in NCAA antitrust case could withstand future challenges
A deadline looms next week for the NCAA and major conferences to agree to a deal that could cost billions in damages and set up a groundbreaking revenue-sharing system with college athletes.
Despite Indiana’s strong record of second-in-command women, they’ve never held its highest office
Indiana is one of 18 states that has never had a female governor. But four out of its five past lieutenant governors have been women.