State Indiana Financial News

By Timothy Gardner and Daphne Psaledakis

Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs

Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks

Thailand's prime minister says Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles

Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs

CEO Daniel Alegre informed employees about the changes, stating that his six-month tenure at the company revealed the need for streamlining. “I realized very quickly that there were a number of projects that, while well-intentioned, either spread the team too thin or required execution expertise beyond our core competencies," said Alegre in the email, which was published online by Yuga. As per the agency report, a Yuga spokesperson chose not to disclose the exact number of affected employees.

More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing options diversify.

Julia Fox has talked candidly about her brief fling with rapper Kanye West in her book 'Down The Drain'. The 336-page book is largely a chronological account of Fox’s life, but it is harrowing, achingly sad at times, and a narcotics-soaked shock to the system. By the end of the memoir, the reader is amazed that Julia Fox survived so many overdoses of heroin, brutal frights, and broken relationships to tell the tale.

By David Shepardson

Taraji P. Henson had prepared her entire outfit for Beyoncé's Renaissance tour, but the singer unexpectedly changed her plans. During her appearance on The Tonight Show Starring Jimmy Fallon this week, the Empire star revealed her sparkly outfit, inspired by a ninja with intricate silver chain detailing, which she had shared on Instagram. Henson pointed out that upon receiving the outfit, she found its quality to be subpar and contemplated discarding it, but ultimately decided against it. Meanwhile, a documentary chronicling Beyoncé's just-concluded 39-city Renaissance World Tour will premiere in North American theaters December 1, AMC Theaters announced last week. The film adds a second blockbuster from a music superstar to a fall slate of movies that's been slightly thinned out by the ongoing screen actors' strike.

India is hosting the 8th BRICS International Competition Conference (ICC) in New Delhi under the aegis of the Competition Commission of India (CCI). BRICS represents 42% of the world's population, 26% of global GDP, and 18% of global exports. It has seen a more than four-fold increase in their annual FDI inflows from $84 billion in 2001 to $355 billion in 2021. Their share in global FDI inflows also doubled from 11% in 2001 to 22% in 2021.

Investing.com — Oil prices edged lower Tuesday, handing back some of the previous session’s hefty gains as traders digest the possibility of a wider impact from the conflict between Israel and the Palestinian Islamist group Hamas.

UAW strikes expand as 7,000 more workers join picket line at two plants GM's updated offer did not align with the 23 percent pay raise suggested by Ford. On Friday, the UAW communicated that GM had agreed to include workers at joint venture battery plants under union contracts, but as of Monday, GM provided no specific details, the report noted. The layoffs are across the board.

Lexington Candy Shop has had a line outside for over a year since a TikTok of its Coke float went viral

Israeli festival. The band dedicated the song to those who perished, referring to them as the «stars of David.» Bono, the band's lead singer, urged the crowd to sing for the music-loving souls who were enjoying the Supernova Sukkot festival in Israel. He emphasized their shared love for music and their playful, experimental nature, addressing them as «our kind of people.» He acknowledged the ongoing conflict in Israel and Gaza, recognizing the seeming incongruity of singing a song about non-violence. He stressed that their prayers had always been for peace and non-violence. He also expressed their sorrow and anger over the tragic event. Bono adapted the lyrics of «Pride,» replacing the reference to Martin Luther King Jr.'s death with a mention of the Israeli massacre. He sang, «Early morning, October 7, the sun is rising in the desert sky. Stars of David, they took your life but they could not take your pride,» before leading into the chorus. The attack at the Supernova festival, near the Gaza Strip border, involved rocket attacks, gunfire and sniper shots by terrorists. The aftermath saw over 260 bodies recovered by rescue agency Zaka, with more still unaccounted for, among the 3,500 concert attendees. The performance of «Pride» was part of a setlist shift during U2's Sphere show, featuring songs from various stages of their career. It followed «I Still Haven't Found What I'm Looking For» and preceded «MLK,» another song inspired by Martin Luther King Jr., in a poignant tribute to the festival's victims.

Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond.

By Natalie Grover

Pennsylvania community center early Sunday, a shooting occurred, resulting in one fatality and five individuals sustaining injuries, according to police reports. At approximately 12:35 a.m., authorities received reports of a shooting at the Chevy Chase Community Center in White Township, as confirmed by the Pennsylvania State Police. In White Township, located about 57 miles northeast of Pittsburgh in Indiana County, six individuals were shot during the incident. Tragically, one victim was declared deceased at the scene. The surviving victims were promptly transported to Indiana Regional Medical Center in Indiana and UPMC Presbyterian Hospital in Pittsburgh.

gold mine in Andhra Pradesh will begin by the end of next year, said Deccan Gold Mines Ltd Managing Director Hanuma Prasad. The Jonnagiri gold project, in which the pilot scale operation has already started, will produce about 750 kilogrammes of gold per annum once it begins its full-scale production, Prasad told PTI in an interview. Deccan Gold Mines Ltd (DGML), the first and only gold exploration company listed on BSE, has a significant stake of 40 per cent in Geomysore Services India Limited which is developing the first private sector gold mine at Jonnagiri.

Associated Press. The United States Geological Survey said the epicentre of the magnitude 6.3 quake was 40 kilometres (25 miles) northwest of the region's largest city Herat. It was later followed by three very strong aftershocks, measuring magnitude 6.3, 5.9 and 5.5 magnitude, as well as lesser shocks.

India: Rohit Sharma, Virat Kohli, Shreyas Iyer, KL Rahul, R Ashwin, Jasprit Bumrah Australia: David Warner, Mitchell Marsh, Steve Smith, Glenn Maxwell, Pat Cummins The MA Chidambaram Stadium in Chennai has a history to benefit spinners as the wicket gets slower with time. As per details, in the past 31 ODIs played on this pitch, the team batting first and second have won 15 games each while one game has ended in a tie.