AI data center boom sparks fears of glut amid lending frenzy
The broader AI universe has also been caught up in the worries, with circular deals and soaring valuations taking a toll on the bullish sentiment that once dominated.
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Disney invests $1 billion in OpenAI, strikes licensing deal
Sora will be able to generate short, user-prompted social videos, drawing from a library of more than 200 animated and creature characters from Disney, Marvel, Pixar and Star Wars, according to Disney.
Small-business optimism rises on brighter sales outlook
Inflation concerns ranked as the second-biggest problem for small firms behind labor quality.
NextEra raises bet on AI with Google, Meta and gas deals
The flurry of announcements underscores the energy industry’s intensifying focus on technology companies’ data centers.
Trump to unveil $12B aid package for farmers hit hard by trade war
The aid comes amid rising frustration among farmers on the slow pace of Chinese purchases, which Beijing clamped down on earlier this year in retaliation for Trump’s escalating tariff barrage.
Consumer sentiment rises for first time in 5 months
Still, consumers remain troubled by a stubbornly high cost of living, which has been a major drag on sentiment this year.
Trump outlines plan to unwind Biden-era car mileage mandates
The Transportation Department proposal represents the administration’s latest bid to unwind a suite of policies spurring electric vehicle production that Trump has derided as an “EV mandate.”
Cadillac F1 to make its pitch as U.S. team with Super Bowl ad
Fishers-based Cadillac F1 is timing the reveal in a bid to build a fan base ahead of the team’s inaugural race in Melbourne, Australia, in March.
Bankers bet big on 2026 after underwriting $65B in deals
Dealmakers are banking on markets remaining calm enough to sell on those commitments to investors.
Mom-and-pop business bankruptcies hit record as debts rise
More than 2,200 people and small firms filed bankruptcy this year under the so-called Subchapter V rules, which make it cheaper and faster to win relief from creditors.
Factory activity shrinks by the most in four months
The survey suggests the nation’s manufacturing base remains bogged down by trade policy uncertainty and elevated production costs.
Scripps adopts poison pill after takeover bid by Sinclair
The board said it took the action in an effort to ensure all shareholders get the best deal and protect them from “coercive tactics
Sinclair bids for rival TV broadcaster Scripps at $7 a share
The unsolicited bid from one of the largest U.S. TV broadcasters values Scripps at $538 million.
Amazon data center tally tops 900 amid AI frenzy, documents show
Amazon’s cloud unit produced $33 billion in revenue in the third quarter and remains the company’s most-profitable division.
Lilly joins $1 trillion club as weight-loss drugs fuel stock surge
It’s just the latest landmark for Indianapolis-based Lilly, which was catapulted into the top spot as the world’s largest health care company by market capitalization in 2023.
RapidSOS tops $1B value with Apax Digital investment
The emergency response app founded by southern Indiana native Michael Martin has raised more than $450 million from investors including BlackRock Inc. and Highland Capital Partners.
Major music labels strike deals with new AI streaming service
The world’s largest music companies have licensed their works to a music startup called Klay, which is building a streaming service that will allow users to remake songs using artificial intelligence tools.
President’s $2,000 tariff check idea draws Republican resistance
While the White House concedes it will likely need Congress to enact the measure, administration officials are considering options to circumvent Congress and distribute the checks without the legislative branch’s approval.
Job market is heating up—for positions that people usually don’t want
From substitute teachers to prison guards, staffing agencies and employers are reporting a pickup in applicants for roles often shunned for their low pay, inconsistent hours or unpleasant conditions.
Ford taps Amazon to let shoppers buy its used cars online
Ford joins Hyundai on the Amazon Autos portal, which allows car buyers to browse, finance and purchase a used car by clicking on the familiar “add to cart” icon.