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Futuro plans Grumps Slice Stop as pizza partner of Black Circle Brewing

November 30, 2021 | Dave Lindquist

Grumps will replace Elena Ruz Cuban Cuisine, the sandwich shop that opened with Black Circle as part of the Refinery 46 complex in December 2016 but announced its closing on Saturday.

Refinery 46 Black Circle Grumps

Lawmakers formally file legislation to limit business vaccine mandates

November 30, 2021 | Emily Ketterer

House Bill 1001 was the first bill filed for the legislative session that kicks off on Jan. 4, meaning it is likely a priority for GOP leadership.

Powell says Fed might accelerate pullback in economic support

November 30, 2021 | Associated Press

Chairman Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation. His remarks quickly accelerated losses on Wall Street.

LSU, Kelly agree to 10-year contract worth at least $95M

November 30, 2021 | Associated Press

The hiring of Brian Kelly—who has led Notre Dame for the past 12 seasons and eclipsed Knute Rockne for career victories with the storied Fighting Irish—was formally announced Tuesday in yet another blockbuster coaching move in college football.

November delivers another hit to sinking consumer confidence

November 30, 2021 | Associated Press

Even before the omicron variant appeared, consumer optimism was being tested by price spikes across the board, particularly for gasoline and food.

Onyx+East plans $3.5M townhome project in heart of Fountain Square

November 30, 2021 | Mickey Shuey

The project, called FSX—shortened from “Fountain Square Ten”—is planned for a narrow site at 1003 Prospect St., which currently houses two drive-thru ATMs for PNC Bank. The units each will have a two-car garage and rooftop deck.

Elanco cuts 380 positions, including about 20% of senior management

November 30, 2021 | John Russell

Elanco said the cuts, which include three executive vice presidents, were an effort in “streamlining and simplifying organizational structure,” and were intended to increase productivity and reduce organizational complexity.

elanco animal health

New info shows omicron spread wider earlier than thought

November 30, 2021 | Associated Press

New findings about the coronavirus’s omicron variant made it clear Tuesday that the emerging threat slipped into countries before their defenses were up.

FDA panel set to review Merck’s COVID-19 pill

November 30, 2021 | Associated Press

If authorized, Merck’s pill would be the first that U.S. patients could take at home to ease symptoms and speed recovery, but new information released last week paints a less compelling picture of the drug than when the Merck first publicized its early results in October.

Powell says COVID variant clouds inflation, economic outlook

November 30, 2021 | Associated Press

Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.

Cyber Monday caps robust holiday shopping weekend

November 30, 2021 | Associated Press

Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.

Biden vaccine mandate for health workers blocked in 10 states

November 29, 2021 | Associated Press

A federal judge on Monday blocked President Joe Biden’s administration from enforcing a coronavirus vaccine mandate on thousands of health care workers in 10 states that had brought the first legal challenge against the requirement.

LSU hires football coach Kelly away from Notre Dame

November 29, 2021 | Associated Press

Brian Kelly became the winningest coach in Notre Dame history earlier this season, surpassing Knute Rockne. No previous head football coach has ever left the Irish to take a job at another school.

Indianapolis Public Schools latest district to join vaping suit

November 29, 2021 | Associated Press

The 2018 Indiana Youth Tobacco Survey found that more than one-third of Indiana high school students had used a Juul product.

Purdue-based startup gets FDA approval for cancer-targeting drug

November 29, 2021 | John Russell

It’s a big moment for On Target Laboratories, an 11-year-old biotech based in West Lafayette. The FDA approval marks the company’s first novel compound to get across the finish line. The drug is marketed under the brand name Cytalux.

Indiana COVID-19 hospitalizations climb back past 2,000

November 29, 2021 | IBJ Staff

Statewide hospitalizations due to COVID-19 rose above the 2,000 mark over the weekend for the first time since late September, according to statistics released Monday by the Indiana State Department of Health

Wall Street steadies following last week’s omicron-related slide

November 29, 2021 | Associated Press

The most powerful lift for stocks came from those that have been able to grow strongly almost regardless of the economy’s strength or pandemic’s pall.

U.S. commerce secretary urges boost in semiconductor output

November 29, 2021 | Bloomberg News

Gina Raimondo will press Congress to pass legislation that would put about $52 billion toward U.S. chip manufacturing in a speech to the Economic Club of Detroit during a visit to the city that’s the capital of American auto manufacturing.

Fishers District developer breaking ground on adjacent 242-unit rental home community

November 29, 2021 | IBJ Staff

With an initial price tag of $63 million, the 25-acre community east of Ikea has since been renamed Slate at Fishers District.

Twitter co-founder Jack Dorsey steps down as CEO

November 29, 2021 | Associated Press

Dorsey has faced several distractions as CEO, starting with the fact that he’s also founder and CEO of the payments company Square. Some big investors have openly questioned whether he could effectively lead both companies.

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