Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7B deal
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company.... Read More
Associated Press
Judges order Trump administration to use contingency funds for SNAP payments
Two federal judges ruled nearly simultaneously on Friday that President Donald Trump’s administration must continue to fund SNAP, the nation’s biggest food aid program, using contingency funds during the government shutdown.... Read More
Farmers welcome China’s promise to buy soybeans, say deal doesn’t solve everything
American farmers welcomed China's promise to buy some of their soybeans, but they cautioned this won't solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.... Read More
Federal Reserve cuts key rate yet Powell says future reductions are not locked in
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated.... Read More
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. Teams and individuals impacted by the job cuts will be notified on Tuesday.... Read More
American Water Works, Essential Utilities to merge
American Water, through Greenwood-based subsidiary Indiana American Water, provides water to about 1.5 million people in 75 Indiana communities. Essential Utilities provides water and wastewater service in 14 counties.... Read More
Brazilian farmers beef up soybean production as China halts business with U.S.
Just how much China will buy from Brazil remains to be seen, but China's customs body said it did not import any soybeans from the U.S. in September. It's the first time that's happened since November 2018.... Read More
U.S. inflation stays elevated but prices rose less than feared last month
U.S. inflation remained elevated last month as gas prices jumped while the cost of rents and some services cooled, painting a mixed picture of the expenses consumers are facing in a murky economy where growth appears steady but hiring slow.... Read More
Author Jodi Picoult pushes back after musical is canceled by Indiana high school
The superintendent of Mississinewa High School in Gas City, Indiana, canceled a production last week of “Between the Lines,” saying concerns were raised over “sexual innuendo” and alcohol references in the musical.... Read More
U.S. home sales accelerated in September to fastest pace since February
Existing home sales rose 1.5% last month from August to a seasonally adjusted annual rate of 4.06 million units, the National Association of Realtors said Thursday. That’s the fastest sales pace since February.... Read More