COVID summer uptick is underway as FLiRT, LB.1 variants ascend
If you’re hearing about more people testing positive or getting sick, it’s no surprise, as data shows another wave forming.
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Teaching frugal habits starts at home
Once the Pruetts realized the financial pressures of parenting, they felt it was really important to share that concept with their kids sooner rather than later.
UPDATE: FDA approves Lilly drug that can modestly slow Alzheimer’s disease
Eli Lilly’s drug—Kisunla, the brand name for donanemab—is one of the few treatments developed for Alzheimer’s that modifies the underlying disease and will join just one other drug, Leqembi, on the commercial market.
Justice Department pushes Boeing to plead guilty in 737 Max crash case
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.
WNBA prepares for ‘once-in-a-lifetime’ event that could reset, enrich the league
A new media rights deal is expected to provide an influx of cash that will alter league finances significantly. Meanwhile, the players are expected to opt out of their collective bargaining agreement and renegotiate.
OpenAI delays launch of voice assistant, citing safety testing
The company first showed off the tools in a demo last month that triggered excitement from ChatGPT users—but also the threat of a lawsuit from actor Scarlett Johansson.
Judge rejects $30 billion Visa, Mastercard swipe-fee settlement
The decision jeopardizes an agreement reached in March that was meant to end two decades of litigation related to the fees card companies charge retailers on each purchase a customer makes.
Prosecutors recommend Justice Dept. charge Boeing over 737 Max crashes, sources say
The Justice Department in May said Boeing had violated terms of a 2021 “deferred prosecution agreement” that would have allowed the company to avoid criminal prosecution in exchange for meeting a number of conditions.
Apple accused of violating EU’s new tech competition rules
In a set of preliminary findings, the European Union found the company to be the first in breach of the Digital Markets Act, a sweeping set of rules designed to prevent Big Tech from stifling competition.
Congress questions Microsoft boss after a ‘cascade’ of security errors
The House Homeland Security Committee grilled Microsoft President Brad Smith on Thursday about the software giant’s plans to improve its security after devastating hacks reached into federal officials’ email accounts, challenging the company’s fitness as a dominant government contractor.
Sony Pictures buys Alamo Drafthouse theater chain beloved by movie buffs
Indianapolis is expected to get its first Alamo Drafthouse this year at 3898 Lafayette Road, in the International Marketplace neighborhood by Lafayette Square.
U.S. consumer agency proposes to ban medical debt from credit reports, loan decisions
The rules would ban credit reporting agencies from incorporating medical debt when calculating credit scores. They would also bar lenders from using medical debt to determine loan eligibility.
Economy added 272,000 jobs in May, surging past expectations
The hotter-than-expected data complicates the overall picture of the labor market as Federal Reserve policymakers look for signs of a softening economy as an indication that inflation can come down enough to lower high interest rates later in the year.
FDA reverses ban on Juul products as Supreme Court decision awaits
The FDA said Thursday that the move to rescind the ban was made in light of court cases involving the vaping industry and because the agency has since “gained more experience” with scientific issues involving e-cigarette products.
In the pandemic, we were told to keep 6 feet apart. There’s no science to support that.
Congressional investigators are set Monday to press Dr. Anthony Fauci on why the CDC’s recommendation was allowed to shape so much of American life for so long, particularly given Fauci and other officials’ recent acknowledgments that there was no science behind the six-foot rule after all.
Google scales back AI search answers after telling users to eat glue
The change is the latest example of Google launching an AI product with fanfare and then rolling it back after it goes awry.
Tesla settles defect case involving fatal Indianapolis crash
Tesla is facing a string of lawsuits around the country that blame various defects for fatal or otherwise serious collisions.
UPDATE: DOJ says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
Ticketmaster, which merged with Live Nation in 2010, is the world’s largest ticket seller. The company owns or controls more than 265 of North America’s concert venues and dozens of top amphitheaters.
FDIC Chair Martin Gruenberg says he will resign after hostile workplace claims
An independent investigation led by an outside law firm found rampant instances of abusive workplace conduct at the FDIC, including sexual harassment, stalking and inappropriate supervisor-subordinate relationships.
Red Lobster files for Chapter 11 bankruptcy protection
After closing dozens of restaurants, including one in Indianapolis, the seafood chain has agreed to sell itself to its lenders―giving it a $100 million financing commitment to keep it afloat.