Emergency fuel waiver issued for Indiana, 3 other states to alleviate soaring gas prices
The EPA is issuing the emergency waiver to help alleviate gasoline shortages in four Midwest states after the shutdown of a refinery in Illinois.
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NCAA targets boosters, collectives with mandatory disclosure of NIL deals
For some, it looks like an overstep by the NCAA. Others see ample precedent in professional leagues to support regulating NIL.
Number of Americans filing for jobless claims hits highest level in a year
The four-week average for continuing claims rose to 1,857,000, the most since December 2021.
CarShield to pay $10M to settle deceptive advertising charges
Many customers found that repair claims were often not covered despite making payments of up to $120 per month, the FTC said Wednesday. The FTC also alleged that CarShield’s celebrity and consumer endorsers made false statements in its ads.
WWE’s SummerSlam to be filled with action—and lots of sponsors
Indianapolis is on tap to host an upcoming SummerSlam as part of an agreement city hospitality officials reached earlier this year that will bring several big WWE events to Lucas Oil Stadium over the next eight years.
Judge says jury did not follow instructions on damages in ‘Sunday Ticket’ case
The federal jury on June 27 awarded $4.7 billion in damages to residential and commercial subscribers after it ruled the NFL violated antitrust laws.
Fed Chair Powell says September interest rate cut could be ‘on the table’ as inflation cools
Federal Reserve Chair Jerome Powell said Wednesday that the upcoming elections would have no influence on the Fed’s decisions.
Dwight Freeney defied odds, scouts by spinning his way into Pro Football Hall of Fame
Once considered too small to play defensive end, Indianapolis Colt great Dwight Freeney will be enshrined in the Pro Football Hall of Fame on Saturday.
Regulators stand by decision that 50M air bag inflators are dangerous
The decision Wednesday by the National Highway Traffic Safety Administration could lead to a huge recall despite opposition from automakers.
NFL moving closer to replacing chain gang with new technology
NFL executive Gary Brantley told The Associated Press the league will test Sony’s Hawk-Eye technology to measure line to gain during some preseason games.
Paychecks grew more slowly in second quarter, Labor Department says
Higher wages and benefits are good for employees, but slower pay growth will likely reassure Federal Reserve officials that inflation is steadily falling back to their 2% target.
Delta CEO says airline is facing $500M in costs from global tech outage
Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident.
Court blocks federal rule on airline fees while carriers sue to kill it
The judges found the rule to be too detailed in its restrictions. They granted a request by airlines to temporarily block the rule while a lawsuit filed by the carriers plays out.
Boar’s Head expands recall to include 7M more pounds of deli meats
The recalls are tied to an ongoing outbreak of listeria poisoning that has killed two people and sickened nearly three dozen in 13 states, according to the U.S. Centers for Disease Control and Prevention.
To cut costs, Stellantis makes buyout offers to U.S. white-collar workers
In a statement Tuesday, Stellantis said it faces inflationary pressures at the same time as it tries to make affordable vehicles for its customers.
U.S. job openings fall slightly, but remain higher than expected
Layoffs dropped to 1.5 million, lowest since November 2022 and down from 1.7 million in May, a sign that employers remains reluctant to let go of staff.
Meta agrees to $1.4B settlement in privacy lawsuit over facial recognition
Filed in 2022, the Texas lawsuit alleged that Meta was in violation of a state law that prohibits capturing or selling a resident’s biometric information, such as their face or fingerprint, without their consent.
Consumers have mixed feelings in latest confidence index
American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about current conditions weakened.
Unintended consequences: NIL in college sports raises questions for not-for-profits
Three years into the new age of college sports, where athletes are allowed to profit from their successes through name, image and likeness deals, everyone is still trying to find out what the new normal will be.
Blood test for colon cancer screening approved by regulators
The test isn’t a replacement for colonoscopies, but provides a noninvasive approach to screening.