Shares in Trump’s social media company soar nearly 50% in first day on Nasdaq
Before trading began, Trump Media had a market value of about $6.8 billion, a figure that will rise significantly if the early gains in the shares hold.
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IRS has 940,000 unclaimed tax refunds from 2020 that are about to expire
The IRS is warning taxpayers that they might be leaving more than $1 billion in unclaimed refunds on the table.
Chinese hackers accused of state-backed operation against U.S. politicians, companies
Targets included officials at the White House and multiple government agencies, including the Treasury and Commerce departments, senators from both parties, the spouse of a senior Justice Department official, political strategists, and political figures from around the world who were critical of the Chinese government.
Indiana cement plant among projects receiving $6B in federal funding
The Department of Energy announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector—the largest-ever U.S. investment to decarbonize domestic industry to fight climate change.
Big brands could pivot easily if TikTok goes away. For small businesses, it’s another story.
Big brands that have relied on TikTok to reach younger consumers do not appear to be panicking as they wait to see what happens in Washington. But they also have started planning.
Zach Edey, Purdue dominate opposition in Indianapolis on way to Sweet 16
Playing close to home, Purdue was a hot ticket on Sunday, with seats on the secondary market topping $200 each in the upper reaches of the arena and exceeding $500 in the lower level.
United Airlines says regulators plan to increase oversight of company following issues
Among the most recent problems, a chunk of outer aluminum skin was discovered to have fallen off the belly of a United Boeing 737 after it landed in Oregon. Earlier this month, a United jet suffered an engine fire during takeoff from Houston, and a tire fell off another United jet as it left San Francisco.
McLaren Racing extends Zak Brown’s contract as CEO through 2030
McLaren is the only team that competes in Formula 1, IndyCar, Formula E, Extreme E and esports.
If it seems everyone can score in March Madness, there’s a reason. Offense has evolved.
As March Madness gets underway, offensive efficiency is at its highest point in almost three decades.
Apple has kept illegal monopoly over smartphones, Justice Department says in suit
The Justice Department on Thursday announced a sweeping antitrust lawsuit that alleges Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”
Congressional leaders sell $1.2T spending package to members before shutdown deadline
Congressional leaders from both parties looked to put a positive light on a $1.2 trillion spending package that lawmakers are working to approve before funding expires at midnight Friday for a host of key government agencies.
Fed still foresees three interest rate cuts this year despite another bump in inflation
The financial markets cheered the message Wednesday from Jerome Powell and the Federal Reserve, with traders sending the Dow Jones industrial average surging 1%, to another all-time high.
EPA issues new auto rules aimed at cutting carbon emissions, boosting EVs
The new rules relax initial tailpipe limits proposed last year but eventually get close to the same strict standards set out by the Environmental Protection Agency.
Topps launches first-ever March Madness cards, featuring Clark, Edey
The eight-card packs, which carry the Bowman U Now brand owned by Topps, went on sale Monday and carry a price tag of $139.99 each.
Powell might provide hints of whether Federal Reserve is edging close to rate cuts
A key question for Federal Reserve Chair Jerome Powell and the 18 other officials on the Fed’s interest-rate-setting committee is how—or whether—recent inflation figures have altered their timetable for cutting rates.
Gannett, McClatchy news chains say they will stop using Associated Press content
The decision by Gannett, the nation’s largest newspaper chain, severs a century-old partnership.
Supreme Court seems favorable to Biden administration over efforts to combat social media posts
Several justices said they were concerned that common interactions between government officials and the platforms could be affected by a ruling for the states.
EPA bans asbestos, a carcinogen still used in some products
Asbestos, which was once common in home insulation and other products, is banned in more than 50 countries, and its use in the U.S. has been declining for decades.
Retailer Joann files for Chapter 11 bankruptcy protection
The fabrics and crafts retailer, which has five Indianapolis-area stores, will become privately owned after emerging from Chapter 11 bankruptcy protection.
March Madness? Indiana State, three 20-win Big East teams among those snubbed
Indiana State (28-6) will be in the NIT as a No. 1 seed. The Sycamores are among the nation’s high-scoring teams at 84.4 points a game, bolstered by their school-record 373 made 3-pointers.