First quarter GDP unchanged at robust 6.4% annual rate
The rise in the gross domestic product, the economy’s total output of goods and services, was the same as the government’s first look one month ago, the Commerce Department reported Thursday.
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GOP offers $928B proposal on infrastructure, funded with unused COVID aid
Republicans have rejected Biden’s proposed corporate tax increase to pay for new investments, and instead want to shift unspent COVID-19 relief dollars to help cover the costs.
Clean Eatz bringing healthy meal plans, cafe to Fishers later this year
North Carolina-based Clean Eatz opened its first Indiana location in Dyer last spring and will open its first central Indiana location in Fishers in September.
NBC says it hopes for more IndyCar as contract comes to an end
IndyCar’s current deal with NBC Sports is in its final season and contract negotiations are unclear. There have been reports Penske will take a higher rights fee from a new partner and that NBC has fallen out of the running on a renewal.
Paxton Media Group buying Landmark Community Newspapers
The sale, announced Wednesday, will give Paxton about 120 publications in 14 states, including 20 in Kentucky and 18 in Indiana.
Record-breaking kicker Adam Vinatieri set to retire after 24-year career
Vinatieri, 48, entered the league as undrafted free agent and became known as the best clutch kicker in NFL history. He made 29 game-winning kicks during his career and scored a franchise-record 1,515 points with the Indianapolis Colts.
AG says IU’s COVID-19 vaccine order violates new state law
Attorney General Todd Rokita’s advisory opinion contradicts a top Republican legislative leader who said he didn’t believe the law adopted last month applied to public universities or K-12 schools.
Work could start this summer on delayed Terre Haute casino
The casino’s groundbreaking could happen in late June or early July, with an opening by fall 2022, Hard Rock International executive Jon Lucas told the Indiana Gaming Commission on Tuesday.
Biden asks U.S. intel officials to investigate COVID-19 origin
While the lab leak theory was initially dismissed as unlikely, recent reports about the hospitalization of Wuhan lab researchers in November 2019—weeks before the virus was identified in that city—have given it new traction.
Ford: Electric vehicles to make up 40% of global sales by 2030
The company said 70,000 customers have put down $100 deposits to reserve an electric F-150 in the week since it was unveiled. Ford’s F-Series pickup is the top-selling vehicle in the U.S.
COVID-19 cases rise by 655 in Indiana, deaths by six
Statewide hospitalizations due to COVID-19 increased from 797 on Monday to 810 on Tuesday.
Amazon to buy MGM for $8.5B, adding to its streaming service
MGM’s library includes more than 4,000 movies, including “Silence of the Lambs” and “Thelma & Louise,” and 17,000 TV shows, such as reality TV staples “Shark Tank” and “The Real Housewives of Beverly Hills.” Amazon also will get cable channel Epix out of the deal.
FFA picks longtime agricultural education leader Stump as new CEO
Scott Stump’s most recent role was assistant secretary of career, technical and adult education for the U.S. Department of Education, where he served from July 2018 until January.
Surprise plunge in bankruptcies puts attorneys to test
Economists thought economic turmoil caused by the COVID-19 pandemic would cause bankruptcy filings to surge. Instead, they’ve plummeted, which is forcing bankruptcy practitioners across the state to cut costs or find other work to fill the void.
Parent of Indianapolis-based Pac-Van acquired in billion-dollar deal
Stamford, Connecticut-based United Rentals Inc. paid $19 per share for Pasadena, California-based General Finance Corp.—which has owned Pac-Van since 2008—and assumed $400 million in debt.
Amazon faces antitrust case over treatment of vendors
Like its Big Tech counterparts Facebook, Google and Apple, Amazon faces multiple legal and political offensives from Congress, federal and state regulators and European watchdogs.
GOP legislators protest Indiana University’s vaccine order
A letter dated Tuesday to Gov. Eric Holcomb calls on him to prohibit any state university from mandating vaccines that don’t have full U.S. Food and Drug Administration approval.
Noblesville OKs new vehicle taxes to chip away at Pleasant Street extension costs
The Noblesville City Council approved vehicle excise and wheel taxes Tuesday to generate $1.8 million in annual revenue starting next year. The money is slated to pay for a portion of the city’s estimated $113 million Pleasant Street extension project.
Former Muncie mayor pleads guilty to federal theft charges
Former Muncie Mayor Dennis Tyler, 78, admitted to receiving $5,238 to steer Public Board of Works contracts to an unnamed company.
Newfields puts historic Westerley property on market for $2.2M
The museum has used the the four-bedroom, eight-bathroom Tudor-style home built in 1922 to house its leader. It’s the first time the property has been on the market since the 1930s.
