Buttigieg finds himself in the spotlight for better or worse
Faced with a historic system failure that grounded air service, Pete Buttigieg appeared to lean into his role as the face of the beleaguered American transportation network.
Associated Press
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NCAA board OKs recommendations for Division I reform
At the NCAA convention Thursday in San Antonio, outgoing President Mark Emmert said goodbye, incoming President Charlie Baker introduced himself and the state of college sports was declared perilous.
IRS announces Jan. 23 start date for tax-filing season
The news comes after the National Taxpayer Advocate reported Wednesday that the IRS watchdog is seeing “a light at the end of the tunnel” of the IRS’ customer service struggles.
California to sue Lilly, other drug companies over insulin prices
California on Thursday announced it will sue the companies that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug.
Kyle Larson to try Indy 500-NASCAR double in 2024
The surprise announcement means Larson would become just the fifth driver to run “The Double” on Memorial Day weekend, driving the Indy 500 and Coca-Cola 600 in North Carolina on the same day.
Kevin Warren leaving Big Ten to run Chicago Bears
Warren, hired by the Big Ten in 2019, led the conference through its expansion to include the University of Southern California and UCLA beginning in 2024, and last summer, he unveiled a massive set of media rights deals for the conference.
Kyle Larson to try Indy 500-Coca-Cola 600 double in 2024
Larson is entering his third season driving for Hendrick Motorsports and had been actively pursuing an Indy 500 ride.
Minimal airline delays, cancellations a day after U.S. outage
Delays and cancellations among flights across the United States were minimal on Thursday, a day after a system that offers safety information to pilots failed, grounding U.S. air traffic and leading to thousands of stranded travelers.
U.S. consumer inflation eases for sixth straight month
The softer readings add to growing signs that the worst inflation bout in four decades is gradually waning. Still, the Fed doesn’t expect inflation to slow enough to get close to its 2% target until well into 2024.
Inflation report could show another month of cooling price hikes
The U.S. inflation report for December being released Thursday morning could provide another welcome sign that the worst bout of spiking prices in four decades is slowly weakening.
U.S. official warns of risks posed by heavy electric vehicles
The extra weight that EVs typically carry stems from the outsize mass of their batteries. To achieve 300 or more miles of range per charge from an EV, batteries have to weigh thousands of pounds.
Air travel across U.S. thrown into chaos after computer outage
The world’s largest aircraft fleet was grounded for hours by a cascading outage in a government system that delayed or cancelled thousands of flights across the U.S. on Wednesday.
Can U.S. avoid recession? As inflation eases, optimism rises
An economic downturn is still possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has gained traction: Maybe a recession isn’t inevitable after all.
UPDATE: FAA lifts ground stop on flights following computer outage
The FAA ordered all departing flights grounded early Wednesday morning, but lifted that order just before 9 a.m. Eastern after several hours.
Soaring U.S. egg prices put pressure on consumers, businesses
A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year.
Ballard says he’ll be patient in finding right coach for Colts
Two days after the Colts completed a 4-12-1 season, General Manager Chris Ballard told reporters he would not rush to hire a new coach and could wait until after the Super Bowl if it meant getting the right candidate.
Feds propose ‘student loan safety net’ alongside forgiveness
President Joe Biden is moving forward with the repayment plan even as his one-time debt cancellation faces an uncertain fate before the Supreme Court.
Small businesses to tackle long list of challenges in 2023
A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle.
Poor results send Colts into another offseason of uncertainty
One day after finishing a dismal 4-12-1 season with another last-minute collapse, the Colts began trying to determine what went wrong, what must change and who returns.
House GOP kicks off majority with vote to slash IRS funding
House Republicans have passed a bill that would rescind nearly $71 billion that Congress had provided the IRS.