Wholesale inflation rises on higher energy costs
The overall increases were slightly less than economists had forecast. U.S. markets leapt higher immediately on the new inflation data.
Associated Press
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Biden signs executive order aimed at growing AI infrastructure in U.S.
The order on artificial intelligence seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.
IRS sending out automatic stimulus payments. Here’s who’s getting them.
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, about 1 million taxpayers will receive special payments of up to $1,400 from the IRS.
Starbucks reverses open-door policy for non-customers
If you want to hang out or use the restroom at Starbucks, you’re going to have to buy something.
Deadline extended on Nippon’s bid for U.S. Steel, offering hope that deal isn’t dead
The new deadline, now in mid-June, was viewed by U.S. Steel—and investors—as an opportunity for the companies to complete the acquisition.
Which U.S. companies are pulling back on diversity initiatives?
A Meta official said Friday that the company is “building teams with the most talented people” instead of making hiring decisions based on protected characteristics.
Ballard promises to take new approach after Colts fail to make playoffs again
In GM Chris Ballard’s first eight seasons with the team, Indy has made the postseason twice, won one playoff game and no division titles.
U.S. ‘notorious markets’ report warns of risks from online pharmacies
The report says 96% of online pharmacies were found to be violating the law, many operating without a license and selling medicines without prescriptions and safety warnings.
Power Four seek more control over NCAA policies, including running championship events
The proposal, described as a “working document” ahead of next week’s NCAA convention, would grant the Southeastern Conference, Big Ten Conference, Big 12 Conference and Atlantic Coast Conference rights to manage postseason championships such as the men’s and women’s basketball tournaments.
Notre Dame gets late pick, field goal to make title game with win over Penn State
Notre Dame (14-1) will play for its first national title in football since 1988 on Jan. 20 against the winner of Friday night’s University of Texas-Ohio State University semifinal.
Meta tries letting Facebook Marketplace users view eBay listings as way to resolve EU charges
Meta is carrying out the trial after Brussels slapped the company with a penalty of nearly $824 million for what it called “abusive practices” involving Marketplace.
IRS has improved taxpayer services but has been slow to resolve ID theft, independent watchdog says
IRS Commissioner Daniel Werfel said the agency is seeing higher numbers of theft victims overall since before the pandemic, in part because scammers are increasingly moving to online schemes.
Justice Department accuses six major landlords of scheming to keep rents high
The complaint alleges the landlords participated in an unlawful scheme to decrease competition among landlords in apartment pricing, harming millions of American renters.
Trump announces $20B data-center investment by Emirati businessman
The promised investment feeds into an existing boom for constructing data centers used in the development of artificial intelligence and expansion of cryptocurrency.
Federal consumer agency bans unpaid medical bills from credit reports
The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau.
New labels to help people pick devices less at risk of hacking
Smart devices like baby monitors, fitness trackers and internet-connected appliances could soon carry labels certifying that they meet federal cybersecurity standards.
Steichen eager to move forward with Colts, but defensive coordinator won’t be back
Shane Steichen is ready to start his third season as coach of the Indianapolis Colts and he’s already making changes.
Their remains were found decades ago. A new push could identify all of a serial killer’s victims.
Family members, a determined coroner and state researchers are behind a renewed effort to identify all of the unknown dead whose remains are among some 10,000 bones and fragments unearthed on Herbert Baumeister’s suburban Indianapolis property.
Canada’s Trudeau announces resignation after nearly decade as prime minister
Canadian Prime Minister Justin Trudeau became deeply unpopular with voters in recent years over a range of issues, including the soaring cost of food and housing, and surging immigration.
Jaguars home after getting stuck on Indianapolis tarmac for 7 hours
The Jags’ charter flight was cleared to leave at 1 a.m. Monday and landed in Jacksonville two hours later.