GM, Samsung plan new EV battery cell factory in U.S.
The companies said they plan to invest more than $3 billion in an electric vehicle battery cell plant that is expected to begin operations in 2026.
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NFL attempting balancing act when it comes to legalized gambling
Some say the NFL is hypocritical for suspending players for gambling after embracing legalized wagering as a major source of revenue. Others see it as necessary for the league to maintain public confidence that its games are on the up and up.
Indiana bill on trans student name changes goes to governor
The proposal would require school officials to provide written notification to a child’s parent or guardian within five business days of the child asking to be called a different “pronoun, title, or word,” according to the bill.
Indiana public health boost smaller than governor sought
Republican legislators are poised to direct only about two-thirds of the money that Indiana Gov. Eric Holcomb sought toward tackling the state’s poor national rankings in areas such as obesity, smoking and life expectancy and improving local emergency services.
Banks paying savers again after years of low rates
Banks were initially slow to raise their payouts as the Fed raised rates because they were awash in deposits. But those deposits have shrunk over the past year because inflation forced consumers and businesses to dip into their savings.
Cities reviving downtowns by converting offices to housing
A growing number of developers are considering converting empty office towers into housing as part of an effort to find uses for properties that emptied out during the pandemic.
Bed Bath & Beyond files for bankruptcy protection, plans to close stores
The retailer has set a closing deadline for its stores, including those in Carmel, Noblesville, Greenwood and Bloomington, and announced it will stop accepting its ubiquitous coupons soon.
New UAW leader already has issues with Detroit automakers
Indiana native Shawn Fain, who took office in March after workers voted to sweep out most of the union’s old leadership, listed grievances with Stellantis, General Motors and Ford in a wide-ranging talk Friday.
U.S. House approves trans athlete ban for girls and women’s teams
The House action comes as at least 20 other states, including Indiana, have imposed similar limits on trans athletes at the K-12 or collegiate level.
BuzzFeed News to be shut down in corporate cost-cutting move
Digital advertising has plummeted this year, cutting into the profitability of major tech companies from Google to Facebook. Waves of layoffs have rolled through the tech industry and more are expected.
Inflation takes March tumble at wholesale level
The U.S. government said plunging energy prices pulled the producer price index down 0.5% in March from February. It marks the biggest decrease in producer prices in three years.
U.S. traffic deaths dropped slightly in 2022, but remain high
Pedestrian and cyclist fatalities increased, as did the number of deaths involving unbelted passengers, alcohol-impaired driving, speeding and trucks weighing more than 10,000 pounds.
SpaceX giant rocket explodes minutes into test flight
The company plans to use Starship to send people and cargo to the moon and, eventually, Mars. NASA has reserved a Starship for its next moonwalking team, and rich tourists are already booking lunar flybys.
As U.S. sports betting booms, online casino gambling slow to expand
While two-thirds of the country now offers legal sports betting, only six states offer online casino gambling, confounding industry hopes that the rapid growth of sports betting would also bring internet casino wagering along with it.
Supreme Court temporarily extends access to abortion pill
The court extended women’s access to an abortion pill until Friday while the justices consider whether to allow restrictions on mifepristone to take effect as a legal challenge to the medication’s Food and Drug Administration approval continues.
Elevance Health tops 1Q forecasts on Medicaid growth
Company shares tumbled 5% at the start of trading Wednesday after Elevance also announced an updated 2023 forecast that fell short of Wall Street expectations.
Fox News, Dominion settle defamation lawsuit for $787.5 million
The eye-popping figure—the largest publicly disclosed monetary settlement ever in an American defamation action—averted what could have been an even costlier outcome for Fox and its parent company, Fox Corp.
Indiana Senate approves handgun training fund for teachers
Supporters have said the 40 hours of optional training would help teachers learn how to defend themselves and students if needed, especially in situations with an active shooter.
Purdue’s Edey declares for NBA Draft with option to return to school
Zach Edey is the first player in NCAA history to finish a season with at least 750 points, 400 rebounds, 70 blocks and 50 assists in a season, but most projections don’t have him being selected in the first round of the draft.
Average income tax refund smaller than last year’s
The filing deadline for most taxpayers is Tuesday, though it has been extended for parts of Indiana, California, Alabama, Georgia, New York, Tennessee, Arkansas and Mississippi that were hard hit by severe weather.