U.S. to require passenger vehicles to have alarms for rear seat belts
The National Highway Traffic Safety Administration estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect.
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New coalition seeks to reduce barriers for entrepreneurs in Indiana
The coalition is a state branch of the national nonprofit Right to Start, which advocates for laws that provide tax breaks, provide procurement dollars and reduce regulations for startups and small businesses.
Airline CEOs, Buttigieg fight over regulations even after election
The Biden administration is on its way out of power, but that’s not ending the arguments between Transportation Secretary Pete Buttigieg and airlines that think they are being over-regulated.
FTC is preparing to investigate Microsoft’s cloud business
The Federal Trade Commission is preparing to send a demand for documents and other records to Microsoft as it investigates alleged alleged anticompetitive practices, according to a person familiar with the investigation.
FTC’s rule banning fake online reviews goes into effect
The rule, which went into effect Monday, allows the agency to seek civil penalties against those who knowingly violate it.
FTC adopts rule to make it easier for consumers to cancel unwanted subscriptions
The U.S. Chamber of Commerce criticized the administration’s approach, saying in August that “heavy-handed regulations that micromanage business practices” will lead to higher costs for consumers.
Kroger, Albertsons defend merger plan in federal court against regulators
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.
FTC bans contracts that keep workers from jumping to rival employers
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.
Lawmakers consider protections for kid-run lemonade stands
A bill in the Indiana House would ban local regulations on lemonade stands, making it easier for children to operate such small enterprises without fear of running afoul of the law.
Legislature considers easing regulations for startups
Indiana is routinely touted for its positive business climate, but the state ranks 44th among states when it comes to creating new entrepreneurs, according to a recent study from the Indiana Chamber of Commerce.
Zionsville-based 120Water lands $43M investment
The $43 million investment, by far the largest in 120Water’s eight-year history, will help the water management software company pursue some of the big opportunities that lie ahead, CEO Megan Glover says.
Early learning committee recommends new child care standards
The new set of standards would evaluate child care centers around the state and be rolled out over three years starting in 2024.
Carmakers fight massive air bag recall that could cost $10B
Companies like General Motors Co. and Ford Motor Co. said in letters to the National Highway Traffic Safety Administration released Wednesday that there’s no proof that the parts made by ARC Automotive Inc. are defective.
Washington vows to tackle AI, as tech titans and critics descend
Lawmakers are anxiously eyeing the AI arms race, driven by the explosion of OpenAI’s chatbot ChatGPT.
Biden set to propose toughest-ever rules on car pollution to spur EVs
Automakers are cautioning that the trajectory for EVs and emission reductions depends on factors outside their control, including investments in charging infrastructure and critical mineral production.
Parent company of Silicon Valley Bank files for bankruptcy
The filing from SVB Financial Group was widely expected, with much of the company now under the control of banking regulators. The bank was seized last week by the federal government.
FDA announces new definition of what’s ‘healthy’
The proposed rule would align the definition of the “healthy” claim with current nutrition science, the updated Nutrition Facts label and the current Dietary Guidelines for Americans.
EPA to designate ‘forever chemicals’ as hazardous substances
The chemicals can accumulate and persist in the human body for long periods of time, and evidence from animal and human studies indicates that exposure to might lead to cancer or other health problems.
Indianapolis-based tech firm Encamp lands $30M investment
Encamp’s software helps its customers fulfill environmental reporting and compliance issues. The company has attracted $47.2 million in investment since its launch in 2017.
FDA skeptical of benefits from experimental ALS drug
On Wednesday, a panel of FDA advisers will take a non-binding vote on whether the drug warrants approval. The meeting is being closely watched as an indicator of the FDA’s approach to experimental drugs with imperfect data and its ability to withstand outside pressure.