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Friday’s business headlines

Friday’s business headlines

INDIANAPOLIS (WISH) — Take a look at Friday’s business headlines with Jane King.

Wawa stores to open in Indiana

Wawa convenience stores is looking to open 280 new stores over the next decade, and Indiana is on the list.

The CEO says this is the most aggressive growth in the company’s history.

Wawa has a cult following in his home state of Pennsylvania and is known for high-quality sandwiches, at least by convenience store standards.

Indiana homes more affordable than most of the U.S.

The typical home price in Indiana is $227,000, according to Motley Fool.

Homes in Indiana are valued 34% below the typical U.S. single-family home, and they’re affordable as well, given that the median household income in Indiana is just 11% below the u.S. Median.

Home prices have soared in the past couple of years on low inventory of homes for sale.

SpaceX rocket on mission to the moon

A SpaceX rocket carrying a lunar lander from intuitive machines blasted off Thursday morning from Florida in the latest attempt to put an American spacecraft on the moon.

The last time an American spacecraft touched down on the moon was in 1972 during the Apollo 17 mission.

New store targets price-conscious shoppers

Target is luring in price-conscious customers by launching its cheapest brand to date.

The new brand will encompass products in a variety of categories, from apparel, accessories, and beauty to electronics and home items. Most of them will cost under $10, but some will start at less than $1.

Stock update

Stocks rallied, with the S&P 500 reaching its 11th-record close of the year.

Stocks were higher even as retail sales for January fell more than expected.

American Airlines looking for Italian flight flavor

Months after American Airlines announced its 2024 expansion to Italy, the airline laid out its schedule — officially operating its largest-ever number of routes to the European country in the company’s 97-year history.

The airline will fly from the U.S. to Rome, Naples, and Venice, starting in March.