Summer hours are perk small businesses can offer workers to boost morale
Reduced hours in the summer months can also enable smaller businesses to stand out to prospective employees in a competitive talent marketplace.
Associated Press
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Supreme Court weakens federal regulators, overturning decades-old Chevron decision
The Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections, delivering a far-reaching and potentially lucrative victory to business interests.
Supreme Court allows cities to enforce bans on homeless people sleeping outside
In a 6-3 decision, the high court reversed a ruling by a San Francisco-based appeals court that found outdoor sleeping bans amount to cruel and unusual punishment.
Federal Reserve’s preferred inflation gauge shows price pressures easing further
Prices for physical goods actually fell 0.4% from April to May. Gasoline prices, for example, dropped 3.4%, furniture prices 1% and the prices of recreational goods and vehicles 1.6%.
The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma
The decision also could affect other major bankruptcies, including the $2.4 billion bankruptcy plan for the Boy Scouts of America that has been approved by a federal judge, lawyers said.
A halting Biden tries to confront Trump at debate but stirs Democratic anxiety about his candidacy
Biden’s uneven performance crystallized the concerns of many Americans that, at age 81, he is too old to serve as president. It sparked a fresh round of calls for the Democrat to step aside.
What it means for the Supreme Court to block enforcement of the EPA’s ‘good neighbor’ pollution rule
Three energy-producing states—Ohio, Indiana and West Virginia—challenged the rule, along with the steel industry and other groups, calling it costly and ineffective.
The first legal objection to the $2.8B NCAA antitrust settlement plan comes from Houston Christian
The plan is intended to settle a host of federal antitrust claims and also clears the way for schools to share revenue with athletes, a dramatic step that all but ends the NCAA’s longstanding amateurism model.
USA Basketball expects Haliburton to be ready for Olympic camp in Vegas next week
Tyrese Haliburton was hampered at the end of the Indiana Pacers’ playoff run by issues with his left hamstring.
Supreme Court rejects $6B nationwide opioid settlement with OxyContin maker Purdue Pharma
The settlement would have shielded members of the Sackler family from civil lawsuits over the toll of opioids while providing billions of dollars to combat the opioid epidemic.
Supreme Court temporarily halts enforcement of the EPA’s plan to limit downwind pollution from power plants
Three energy-producing states—Ohio, Indiana and West Virginia—have challenged the air pollution rule, along with the steel industry and other groups, calling it costly and ineffective.
Walgreens en route to closing hundreds—maybe thousands—of stores
CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s 8,600-plus stores nationwide, which he said were underperforming. Walgreens counts more than 100 stores in central Indiana.
Hollywood’s video game actors want to avoid strike but believe AI could spell doom
Union leaders say they aren’t “anti-AI altogether.” But voice actors and other video game performers are worried that unchecked use of AI could provide game makers with a means to displace them.
‘No egos,’ increased transparency and golden retrievers. How USA Gymnastics came back from the brink
USA Gymnastics was a house afire five years ago, the massive fallout surrounding the Larry Nassar sexual abuse scandal rendering one of the U.S. Olympic movement’s marquee programs radioactive.
Supreme Court rules for Biden administration in social media dispute with conservative states
By a 6-3 vote, the justices threw out lower-court rulings that favored Louisiana, Missouri and other parties in their claims that administration officials leaned on social media platforms to squelch conservative points of view.
Supreme Court overturns former Indiana mayor’s bribery conviction
James Snyder has maintained his innocence, saying the money he received from a trucking company was payment for consulting work.
Olympic champion swimmers tell Congress U.S. athletes have lost faith in anti-doping regulator
The testimony by Michael Phelps and Allison Schmitt followed revelations this spring that 23 Chinese swimmers had tested positive for a banned heart medication ahead of the Tokyo Olympics in 2021 but were allowed by WADA to compete.
All eyes are on Nvidia’s stock, so what’s been going on?
Early last week, Nvidia overtook Microsoft as Wall Street’s most valuable public company. Then it fell 13% over three days, its worst such stretch since 2022.
NCAA council votes to remove cannabis from banned drug list
Any penalties currently being served by student-athletes who previously tested positive for cannabinoids will be discontinued.
Consumer confidence in U.S. falls in June as Americans fret about near-term prospects
Despite better-than-expected job gains in May, there is some visible weakening in the labor market. Job postings for April hit their lowest level since 2021 and the number of Americans who are receiving unemployment benefits has risen for seven straight weeks.