
Monday’s business headlines – WISH-TV | Indianapolis News | Indiana Weather
INDIANAPOLIS (WISH) — Here’s a look at Monday’s business headlines with Jane King.
Report: More debt linked to increase illness in older generations
Research shows that debt has risen among older people, and those who owe are more likely to have multiple diagnosed illnesses.
Researchers at the Urban Institute reported that indebted older adults fare measurably worse on a range of health measures: fair or poor self-rated health, depression and inability to work.
Twitter: U.S. antitrust waiting period is over
Twitter said the U.S. antitrust waiting period for Elon Musk’s $44 billion acquisition of the social media giant had expired, indicating it had dodged a lengthy review of the proposed deal.
With the expiration, completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders.
Abbott reopens southern Michigan baby formula plant
Abbott Nutrition resumed production at its shuttered Sturgis, Michigan, baby formula factory on Saturday.
The factory was closed earlier this year after an FDA inspection turned up allegedly unsanitary conditions.
Abbott says it believes the formula will be back on store shelves around June 20th.
Apple to reveal new software, product
Apple is about to hold its annual developer conference this week where it’s expected to show off new software coming to its most popular devices and possibly offer the biggest hint yet about a new product long rumored to be in development.
The new operating system, iOS 16, is expected to have new health features and social upgrades for iMessage.
Apple may reveal some hints on its augmented reality headsets although the actual product isn’t expected to be released.
Non-alcoholic drink sales are up 116%
In the year ending May 14, U.S. retail sales of non-alcoholic spirits grew 116% to $4.5 million, according to Nielseniq.
Alcoholic spirit sales slipped about 1% to just under $21 billion.
Non-alcoholic beer and wine sales are all higher.
More Stories
A Work of Heart’s contract with the Grand Central Mall will come to an end after 14 years of business
PARKERSBURG, W.Va. (WTAP) - In just a week the 14 year contract of A Work of Heart will come to...
Usain Bolt fires business manager over Jamaica fraud case
SAN JUAN, Puerto Rico -- Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million...
Required business, multi-family recycling service on track for March start
Cam Lewis, general manager at Moe's Original BBQ in Steamboat Springs, breaks down cardboard boxes for recycling in the trash...
Italia De La Cruz, small business owner, files to run in District 6
Italia De La Cruz, a self-employed small business owner, has filed to run in District 6 on Fort Worth’s City...
Bill to classify drag shows as ‘adult-oriented businesses’ clears Arkansas Senate
Arkansas senators on Tuesday voted to classify drag shows as “adult-oriented businesses” under state law, advancing a bill meant to...
‘Unfinished business’: Los Angeles Angels owner no longer selling team
LOS ANGELES, Jan 23 (Reuters) - Los Angeles Angels owner Arte Moreno on Monday said he was no longer interested...