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Prices for Thanksgiving dinner items in Indiana surging this year

November 18, 2021 | Wes Mills, Inside INdiana Business

The Indiana Farm Bureau is out with its annual Thanksgiving market basket survey and it shows Hoosier shoppers can expect to spend about 12% more at the grocery store this year than in 2020 for the family feast.

New Big Woods restaurant announced for Fashion Mall

November 18, 2021 | Dave Lindquist

Shoppers can expect the Brown County-based restaurant to open in the Fashion Mall at Keystone in spring 2022.

CVS Health to close hundreds of drugstores

November 18, 2021 | Associated Press

The company said Thursday that it will close about 300 stores a year for the next three years, nearly a tenth of its roughly 10,000 retail locations as it reduces store count density in some places.

Monument Circle concerts set for college football championship weekend

November 18, 2021 | Dave Lindquist

Rapper Doja Cat, rock duo Twenty One Pilots and country vocalist Sam Hunt will headline three days of free concerts scheduled Jan. 8-10 in the open-air setting of Monument Circle.

Monument Circle

NCAA women’s basketball tournament expands to 68 teams

November 18, 2021 | Associated Press

The tournament is expanding beginning with the current season, giving it an equal number of participants as the men’s tournament as part of a concerted effort at gender parity.

Fishers-based Formstack lands record $425M equity investment

November 18, 2021 | Susan Orr

The equity investment is by far the largest single capital raise by an Indiana-based technology company in the state’s history, according to Indianapolis-based TechPoint, a not-for-profit that supports the state’s tech industry.

Indiana Avenue advocates say interstate plans key to revitalization

November 18, 2021 | Leslie Bonilla Muñiz

Groups that hope to see revitalization in the Indiana Avenue neighborhood are paying close attention to how future interstate construction projects will affect the area.

U.S. unemployment claims drop for seventh straight week

November 18, 2021 | Associated Press

Overall, 2.1 million Americans were collecting traditional unemployment checks during the week that ended Nov. 6, down by 129,000 from the week before.

Rising prices threaten profit margins at food companies

November 18, 2021 | Associated Press

As food producers raise prices, grocers and restaurants are passing the increases along to consumers for the most part, rather than have them chip away at profit margins. That strategy might not work much longer, several analysts said.

Pfizer, U.S. ink $5.29B deal for possible COVID-19 treatment

November 18, 2021 | Associated Press

Pfizer asked the Food and Drug Administration on Tuesday to authorize emergency use of the experimental pill, which has been shown to significantly cut the rate of hospitalizations and deaths among people with coronavirus infections.

Tech firm adding coworking space as part of $27M refresh to former Marsh HQ

November 18, 2021 | Mickey Shuey

Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.

High Alpha leads $10M investment in Chicago-based software startup Logik.io

November 18, 2021 | Susan Orr

Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.

Seven of 10 IPS staffers report receiving COVID vaccinations

November 18, 2021 | Stephanie Wang, Chalkbeat Indiana

The vaccination rate is higher among teachers and principals—more than 80%—and lower among classified staff such as custodians and food service workers, said Superintendent Aleesia Johnson.

Churchill Downs to operate Terre Haute casino

November 18, 2021 | Alex Brown, Inside INdiana Business

Louisville-based Churchill Downs proposed a $240 million project known as the Queen of Terre Haute, to be built on nearly 21 acres west of the Haute City Shopping Mall.

Indiana’s highway system stagnant in national ranking, study says

November 18, 2021 | Leslie Bonilla Muñiz

The foundation’s 26th annual highway rankings place the Hoosier state at 32 for the second straight year, dinging it for poor rural and urban interstate pavement, insufficient maintenance expenditures, low capital and bridge spending, and more.

For second time, Franciscan Health extends deadline for employee vaccinations

November 17, 2021 | John Russell

Franciscan issued a three-paragraph statement, saying it had “re-examined its next steps” for the COVID-19 vaccine and was now adopting a Jan. 4 deadline to comply with the federal mandate.

focus_franciscanstonescrossing.jpg

Deere workers approve third contract offer, end monthlong strike

November 17, 2021 | Associated Press

The United Auto Workers union said 61% of its members approved the deal with Deere & Co. on their third vote, even though the new offer was strikingly similar to one that 55% of workers rejected two weeks ago.

FedEx shooting victims ask Indianapolis for $2.1 million

November 17, 2021 | Associated Press

Lawyers for the victims said the Indianapolis Metropolitan Police Department and the Marion County Prosecutor’s Office failed to follow Indiana’s red flag law when they decided not to file a case with the courts to suspend the shooter’s gun rights in March of 2020.

Under pressure, Apple allows self-repairs to iPhones, Macs

November 17, 2021 | Associated Press

Apple is launching an online store for self-service repairs early next year that it says will have more than 200 individual parts and tools for making the most common repairs on the iPhone 12 or iPhone 13.

Catholic event expected to attract 50,000-plus to Indianapolis

November 17, 2021 | Dave Lindquist

The United States Conference of Catholic Bishops approved plans Wednesday for Indianapolis to host a National Eucharistic Congress, a five-day summer event that organizers say could draw as many as 80,000 people to the city.

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