Companies grew more confident about initial public offerings in 2023
The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024.
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Mark Cuban says changing NBA landscape led to sale of Mavs to casino families
The high-profile billionaire, who graduated from Indiana University’s Kelley School of Business, will keep a 27% stake in the NBA franchise and maintain control of basketball operations.
Zent latest state lawmaker to announce departure from General Assembly
The Republican representing House District 51 said Wednesday he will complete his current term but will not seek reelection in 2024. He joins several other GOP legislators who are retiring or resigning.
New York Times sues OpenAI, Microsoft over use of stories used to train chatbots
The suit says OpenAI and Microsoft are advancing their technology through the “unlawful use of The Times’s work to create artificial intelligence products that compete with it.”
Apple seeks way to get two of its top watches back on shelves during patent dispute
The company cut off sales right before the Christmas holiday and, in a motion filed Tuesday, Apple said it would suffer “irreparable harm” if previous court orders remain.
Americans ramped up spending during holidays despite some financial anxiety, higher costs
The big concern: whether shoppers will pull back sharply after they get their bills in January.
Holiday travel mostly nice, with some naughty disruptions on Southwest Airlines
For this holiday season, U.S. airlines prepared for massive waves of travelers by hiring thousands of pilots, flight attendants and other workers.
Israel, Hamas measures get look as most state legislatures prepare to meet
In Indiana, a key leader has said the House will prioritize addressing antisemitism.
The secret life of gift cards: Here’s what happens to the billions that go unspent each year
After clothing, gift cards will be the most popular present this holiday season. Nearly half of Americans plan to give them, according to the National Retail Federation. But many will remain unspent.
A year of social media soul-searching
In 2023, we lost Twitter and got X. We tried out Bluesky and Mastodon (well, some of us did). And we fretted about AI bots and teen mental health
Judge cuts probation for Indiana lawmaker after drunken driving plea
Republican Rep. Jim Lucas of Seymour asked Jackson Superior Court Judge Bruce MacTavish earlier this month to end his probation after six months, stating in court filings that he “performed very well on probation with no violations” and “all fees and financial obligations have been satisfied.”
Fed’s favored inflation gauge tumbles as prices continue to ease
Inflation is steadily moving down to the Fed’s year-over-year target of 2% and appears to be clearing the way for Fed rate cuts in 2024. That, in turn, could translate into lower rates on everything from mortgages to credit cards.
Mickey Mouse will soon belong to you and me—with some caveats
With several asterisks, qualification and caveats, Mickey Mouse in his earliest form is leading a raft of characters, films and books that will become public domain as the year turns to 2024.
U.S. Steel sale to Japanese company warrants ‘serious scrutiny,’ White House says
The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from the World Steel Association.
Homebuilders step up construction as 30-year mortgage rate eases
Another incentive for builders: The inventory of previously occupied homes for sale is likely to remain tight because many homeowners have locked in low mortgage rates.
Prez of Indy-based NCAA drawing on lessons learned as Massachusetts governor
Navigating potentially choppy political waters was a skill Charlie Baker honed as a Republican in a Democratic state, adapting to a sometimes frosty political environment by making as many allies as possible and choosing his fights carefully.
More than 2.5 million Hondas, Acuras under recall due to fuel pump defect
If the fuel pump module doesn’t work, the car’s engine may not start or can stall while driving, regulators said, increasing crash and injury risks.
Ready, set, travel: Holiday rush to airports, highways now underway
Cross your fingers: Flight cancellations are the lowest they’ve been in five years. The busiest days on the road will be Saturday and next Thursday, Dec. 28.
Supreme Court to hear challenge to EPA rule limiting downwind power plant pollution in 10 states
The rule is being challenged by three energy-producing states—Ohio, Indiana and West Virginia—as well as industry groups and individual businesses.
Indiana underestimated Medicaid cost by nearly $1 billion, report says
The flawed forecast was based on data that did not reflect the latest needs of enrollees, state agencies said.