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Articles

U.S. unemployment claims jump to 965,000 as virus takes toll

January 14, 2021 | Associated Press

In Indiana, 18,812 people filed initial unemployment claims in the week ended Jan. 9, up from an adjusted number of 14,796 the previous week.

Real Estate Weekly: News Notes 01/12/20

January 13, 2021 | IBJ Staff

These news notes appeared in Real Estate Weekly on Jan. 12, 2020:

Developers pitch several big real estate projects in Westfield

January 11, 2021 | Kurt Christian

The Westfield City Council heard presentations Monday night for a 60-acre mixed-used development, a 9.5-acre residential project and a neighborhood expansion. It also approved a new assistance program for first responders and veterans.

NCAA tournament could give city ‘moment’ on par with Pan Am Games, Super Bowl

January 11, 2021 | Mickey Shuey

Hosting the entire 68-team NCAA men’s basketball tournament is likely to be a landmark event for Indianapolis and another boon for the city’s hospitality efforts, industry observers say.

Once again, job losses fall unequally across U.S. economy

January 9, 2021 | Associated Press

The latest layoffs have been heavily concentrated in the industries that have suffered most because they involve face-to-face contact: Restaurants, bars and hotels, theaters, sports arenas and concert halls.

Indy Beacons: Carl Fisher, master promoter and automotive pioneer

January 8, 2021 | Richard Gunderman / Special to IBJ

Carl Fisher joined with other businessmen to create the Indianapolis Motor Speedway in 1909.

NCAA’s March Madness will be test Indy was ‘made for’

January 8, 2021 | Mickey Shuey

The herculean effort over the next 2-1/2 months will involve city and state officials, tourism and civic leaders, and likely thousands of volunteers.

Trump supporters storm U.S. Capitol; one woman fatally shot, three others dead

January 6, 2021 | The Washington Post

Throngs of protesters pushed past police who were trying to block them from entering the U.S. Capitol as Congress inside debated the certification of the presidential election.

Health department offers early details on fans, testing at NCAA tournament

January 6, 2021 | Mickey Shuey

Some protocols are already set, including requirements for travel to Marion County and how teams will manage their operations throughout the tournament.

Stocks fall as trading starts for year of great expectations

January 4, 2021 | Associated Press

The S&P 500, which ended 2020 at an all-time high, slid 1.5% after earlier dropping as much as 2.5%. It was the benchmark index’s biggest decline since late October.

UPDATE: NCAA to host entire men’s basketball tournament in Indiana

January 4, 2021 | Mickey Shuey

The organization said it is “closely monitoring” the pandemic and will continue evaluating the feasibility of some fan attendance at some of the games.

IBJ promotes Weidenbener to editor, puts new emphasis on investigative reporting

January 4, 2021 | Anthony Schoettle

Managing Editor Lesley Weidenbener has been elevated to the top spot in the newsroom, while Editor Greg Andrews transitions to a role focusing on investigative reporting for IBJ while continuing to write a column.

S&P 500, Dow close at record highs as tumultuous 2020 ends

December 31, 2020 | Associated Press

Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic.

Some businesses thrived, many lagged during pandemic in 2020

December 31, 2020 | Associated Press

The pandemic created winners and losers in the business world in 2020. Here’s a look at those that benefitted from the health crisis and those that faltered.

Black residents near Indiana Avenue want projects in tune with neighborhood

December 31, 2020 | Mickey Shuey

A $70 million mixed-use proposal—later withdrawn—by Buckingham Cos. for property at 719 Indiana Ave. owned by the Walker Center met significant opposition.

INCog BioPharma Services selects site, expands plans for Fishers manufacturing facility

December 31, 2020 | Kurt Christian

INCog BioPharma Services has purchased 16 acres of undeveloped land in Fishers for its planned new biopharmaceutical manufacturing facility. The $60 million project has grown in size.

2020 finally ending, but New Year’s revelries muted by virus

December 31, 2020 | Associated Press

This New Year’s Eve is being celebrated like no other, with pandemic restrictions limiting crowds and many people bidding farewell to a year they’d prefer to forget.

Work under way on at least three major downtown construction projects

December 29, 2020 | Mickey Shuey

The Tribute and Aloft hotels—both of which were announced before the pandemic began—are among the few downtown lodging projects that are continuing to make progress.

2020 YEAR IN REVIEW: The pandemic changed everything—business, sports, travel—in 2020

December 24, 2020 | Mickey Shuey

The virus already has cost the region hundreds of millions of dollars, tens of thousands of jobs and more than 1,800 lives. Those losses are all but certain to grow as the calendar turns to 2021, amid an international effort to roll out an effective vaccine.

40 ideas: More economic ideas to move central Indiana forward

December 23, 2020

A center for entrepreneurship, a full-service hotel in the airport and an Indiana research triangle are among the ideas submitted by readers.

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