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GOP senators ready $1T infrastructure counteroffer to Biden

May 25, 2021 | Associated Press

The Republicans said their new $1 trillion offer, spread over eight years, would be aligned with what they discussed with President Biden in their first Oval Office meeting almost two weeks ago.

U.S. cuts Mexico’s aviation safety rating, curbing new flights

May 25, 2021 | Associated Press

The downgrade means that U.S. airlines won’t be able to sell tickets on flights operated by Mexican airlines, a setback that will mainly hit Delta Air Lines, which has a partnership with Aeromexico.

Indiana attorney general argues governor exceeding authority

May 25, 2021 | Associated Press

Indiana’s attorney general argues in new legal filings that the governor is wrongly trying to use the courts to expand his powers with a lawsuit challenging the authority state legislators have given themselves to intervene during public emergencies.

Southern District courts to lift mask, distancing mandates for vaccinated individuals

May 25, 2021 | Indiana Lawyer Staff

The Indiana Northern District Court, however, is continuing to require face coverings in most situations.

Saved by online lenders, businesses say they’ll borrow again

May 25, 2021 | Associated Press

Loans from online lenders saved thousands of small business owners who were unable to get COVID-19 relief loans from big traditional lenders. Now, encouraged by getting applications processed within days rather than weeks, these owners are becoming repeat customers.

State’s COVID-19 case count rises by 525, deaths by 12

May 25, 2021 | IBJ Staff

The state said 2.44 million Hoosiers have been fully vaccinated against COVID-19. More than 2.6 million had received the first dose of a two-dose vaccination.

Real Estate Weekly: News notes, 05/25/21

May 25, 2021

These news notes appeared in IBJ’s Real Estate Weekly on May 25, 2021.

Indiana governor traveling to Israel during ‘hour of need’

May 25, 2021 | Associated Press

Gov. Eric Holcomb cited business and cultural ties between Indiana and Israel for making the trip.

At long last, plans solidify for pedestrian/bike trail between Broad Ripple Park, Monon

May 25, 2021 | Mickey Shuey

The city of Indianapolis and the Broad Ripple Village Association expect to spend a combined $1.2 million on the RiverWalk multi-use trail, which will run along the north side of Broad Ripple Avenue.

New toy store with international flair opens in Broad Ripple

May 25, 2021 | Ellie Albin

Monon Toys & Crafts opened at 6510 Cornell Ave. and is in 1,000 square feet of rented space previously occupied by Broad Ripple Knits.

Food-packaging manufacturer plans $380M plant, 345-plus jobs in Indiana

May 25, 2021 | IBJ Staff

The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.

Innovation Issue 2021

Design thinking: A powerful tool for all companies COVID disruption Diversity in focus Supply chain disruption The 2021 Innovation Issue DISRUPTION. It can come suddenly, in the form of a pandemic or a pipeline hack. Or it can creep up, as a startup changes the nature of a traditional industry. But it’s always coming. In […]

Several Indianapolis districts to offer remote learning options in fall

May 25, 2021 | Aaricka Washington, Chalkbeat Indiana

Four Indianapolis school districts—Pike, Warren, and Lawrence townships, as well as Speedway—have confirmed that they will offer a remote option for students in the fall.

Pacers still evaluating Bjorkgren before making decision

May 25, 2021 | Associated Press

After missing the playoffs for the first time in six years and amid a tumultuous final month, Indiana Pacers President of Basketball Operations Kevin Pritchard used a 45-minute, season-ending video call to explain why he’s still evaluating the first-year coach’s fate.

Young new talent takes Indy 500 by storm

May 25, 2021 | Associated Press

There has been a seismic shift in IndyCar this season with an authoritative arrival of a brand new wave of drivers. They are kids in this series alongside six-time IndyCar champion Scott Dixon, considered the greatest driver of his generation.

Judge digs into Apple app store policies as Epic trial ends

May 25, 2021 | Associated Press

The judge who will decide a case challenging Apple’s stranglehold on its iPhone app store indicated on Monday she would like to promote more competition but without dismantling a commission system that reaps billions of dollars for the technology powerhouse.

Holladay Properties proposes $25.5M in new Westfield warehouse projects

May 25, 2021 | Kurt Christian

South Bend-based Holladay Properties is asking the city of Westfield to grant it a tax abatement to offset the costs of developing three speculative buildings in NorthPoint Industrial Park.

White House ‘eager’ for GOP counteroffer on infrastructure

May 24, 2021 | Associated Press

The White House said Monday that President Joe Biden is awaiting an infrastructure counteroffer from Senate Republicans after a core group of GOP negotiators rejected his latest $1.7 trillion proposal, leaving the talks at a standstill before a Memorial Day deadline.

Digital health startup aims to create personalized medical dispensing devices

May 24, 2021 | John Russell

Zig Therapeutics Inc. wants to raise about $100 million to build a health-digital system that would allow doctors to monitor and adjust the dosing of drugs for patients based on their real-time therapeutic response to a drug.

Indiana reports fewest new COVID-19 cases since July 7

May 24, 2021 | IBJ Staff

Statewide hospitalizations due to COVID-19 dropped from 770 on Saturday to 751 on Sunday. They have fallen from 1,019 on May 4.

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