Colts content playing waiting game with Richardson’s progression at QB
Anthony Richardson, the No. 4 overall draft pick, arrived at his first NFL training camp Tuesday at Grand Park in Westfield with big expectations.
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Senators introduce college sports bill to standardize NIL rules, regulate collectives
Charlie Baker, president of the Indianapolis-based NCAA, called the legislation “a major step in the right direction.”
UPS reaches pact with 340K union workers, averting potential calamitous strike
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
Biden administration proposes new rules to boost mental health coverage
The rules, if finalized, would force insurers to study patient outcomes to ensure the benefits are administered equally, taking into account their provider network and reimbursement rates and whether prior authorization is required for care.
U.S. consumer confidence jumps to a two-year high as inflation eases
Tumbling inflation and sturdy hiring have raised hopes the Fed just might pull off a so-called soft landing—slowing the economy just enough to tame inflation without tipping the United States into recession.
Colts, QB Richardson agree to guaranteed 4-year contract
The Colts are counting on Richardson, the former University of Florida star, to provide some long-term stability at the sport’s most important position.
Salesforce CEO shares predictions for AI and future of work
Salesforce founder and CEO Marc Benioff, 58, isn’t ready to leave Salesforce yet, even though he has amassed an $8 billion fortune and just went through a challenging stretch that might have caused many CEOs to head for the exit.
Stellantis to build 2nd U.S. battery plant in venture with Samsung
The new plant is expected to open in early 2027, joining a joint-venture facility in Kokomo that’s already under construction and scheduled to start production in early 2025.
UPDATE: Musk reveals new X logo to replace Twitter’s blue bird
The X started appearing at the top of the desktop version of Twitter on Monday, but the bird was still dominant across the smartphone app.
‘Barbie’ takes box office crown, while ‘Oppenheimer’ soars in historic weekend
“Barbenheimer” didn’t just work—it spun box office gold. The social media-fueled fusion of “Barbie” and “Oppenheimer” brought moviegoers back to the theaters in record numbers this weekend, vastly outperforming projections.
Amazon, Google, Meta, Microsoft, others agree to AI safeguards
The White House said Friday that it has secured voluntary commitments from seven U.S. companies meant to ensure their AI products are safe before they release them.
Stock market gains help pave way for IPO resurgence
The rebound in IPOs is being fueled by a stock market rally that has the S&P 500 up about 19% so far this year, a sharp reversal from last year’s 19.4% loss.
Tornado damage to Pfizer plant likely to cause long-term drug shortages
The fallout from a Pfizer factory being damaged by a tornado could put even more pressure on already-strained drug supplies at U.S. hospitals, experts say.
Paychecks could clear faster now that FedNow service for banks has launched
The Federal Reserve launched a new instant payment service Thursday. FedNow allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks.
Awash in pink, everyone wants piece of ‘Barbie’ movie marketing mania
Ahead of Friday’s U.S. release of the “Barbie” movie, parent company Mattel has created a product marketing blitz with more than 100 brands plastering pink everywhere.
Senators propose federal oversight of NIL compensation, athlete health care
The College Athletes Protection & Compensation Act is only a discussion draft at this point, but notable in that both Democrats and Republicans are involved in trying to address issues that have disrupted college sports and the role of the Indianapolis-based NCAA.
Netflix subscriber growth surges in sign that password crackdown is paying off
Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, but its stock price fell 8% Wednesday over concern about the ongoing strikes by both the writers and actors union.
IndyCar introduces stronger retaining nut to keep wheels attached during wrecks
Following a near miss between an errant wheel and grandstand fans at the Indy 500 in May, chassis manufacturer Dallara has designed a retaining nut that is more than 60% stronger than the previous design.
White House taking on corporate mergers, landlord junk fees and food prices
The Biden administration on Wednesday proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry.
Facebook parent Meta makes public its ChatGPT rival Llama
Meta CEO Mark Zuckerberg said the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as Llama 2, free for research and commercial use.