Amazon used algorithm to essentially raise prices on other sites, FTC says
Amazon is accused of violating federal and state antitrust laws, but the company has responded with a full-throated defense of its business practices.
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IndyCar driver Grosjean hired by Juncos Hollinger Racing
Romain Grosjean was hired to replace Callum Ilott, who was abruptly sacked last week. Grosjean will begin his fourth season in IndyCar with a third team.
Retail trade group says holiday sales growth expected to slow
The National Retail Federation, the nation’s largest retail trade group, predicts an increase in sales this holiday season, just not as big as last year’s.
Players, colleagues remember Knight as innovator, champion
Those who played for, worked with or competed against Bob Knight expressed their thoughts after the death of the legendary coach.
Hoosier coaching legend Bob Knight dies at 83
Robert Montgomery “Bobby” Knight, who led Indiana University to three NCAA basketball championships, died Wednesday, his family announced.
U.S. job openings rise slightly in monthly count
The September openings are down from a record 12 million in March 2022 but remain high by historical standards.
Automakers likely to raise prices in wake of UAW strikes
General Motors, Ford and Stellantis are facing sharply higher labor costs, estimated by some analysts at exceeding $1 billion per year, per company.
Largest Christian university in U.S. faces record fine after federal probe
An Education Department investigation alleges that Grand Canyon University lied to more than 7,500 current and former students about the cost of its doctoral programs.
U.S. consumers feeling less confident for third straight month
American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated.
Google CEO defends paying Apple, others to make Google default search engine
In the biggest U.S. antitrust case in a quarter century, the Department of Justice contends that Google—a company whose very name is synonymous with scouring the internet—pays off tech companies to lock out rival search engines to smother competition and innovation.
UAW says strike ‘won things no one thought possible’ from automakers. Here’s what it’s getting.
The United Auto Workers provided some information on the deals, including a detailed explanation of the agreement it reached with Ford. The agreement is expected to become the model for later settlements with GM and Stellantis.
Biden signs AI executive order, the most expansive regulatory attempt yet
The sprawling effort marks the U.S. government’s most ambitious attempt to spur innovation and address concerns that the burgeoning technology could exacerbate bias, displace workers and undermine national security.
Pharmacists prescribe another round of protests to highlight working conditions
Organizers say retail pharmacists are not looking for more pay or vacation time. The protest is more about giving employees the ability to do their jobs safely.
Biden administration moving toward narrower student loan relief plan
The Education Department on Monday released a draft of new federal rules paving the way for a second federal attempt at loan relief.
Food delivery business Yelloh, formerly Schwan’s, to lay off 750 employees
The company plans to close 90 delivery centers nationwide while concentrating its delivery business on 18 states, including Indiana.
GM reaches tentative agreement with UAW, potentially ending 6-week strike
The contract with General Motors is similar to those reached by Ford and Stellantis, but there are some differences.
For second straight Halloween, candy inflation hits double digits
Candy giant Hershey Co.—which has raised its prices by 7% or more in each of the last seven quarters—acknowledged this week that higher prices are taking a toll on demand.
UAW escalates strike against lone holdout GM
The escalated walkout began Saturday evening at a Spring Hill, Tennessee plant, GM’s largest in North America. Its nearly 4,000 workers join about 14,000 already striking at GM factories in Texas, Michigan and Missouri.
Moms for Liberty unexpectedly finds itself at center of Carmel mayoral race
The polarizing nature of Moms for Liberty, which has gained name recognition for its push to pack school boards with its endorsements, has spurred some left-leaning political candidates to capitalize on opposition to the group and stir voters against their conservative opponents.
UAW and Stellantis reach tentative contract deal as union adds strike at Tennessee GM factory
The pact includes 25% in general wage increases over the next 4 1/2 years for top assembly plant workers, with 11% coming once the deal is ratified.