Amazon’s profit more than triples as pandemic boom continues
Fueled by the growth of online shopping, Amazon posted revenue of more than $100 billion, the second quarter in a row that the company has passed that milestone.
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Eying 2024, Pence makes first speech since leaving office
In his first public address since the end of the Trump administration, former Vice President Mike Pence on Thursday put down a marker for a potential return to elected office
Governor signs controversial wetlands bill into law
The bill, which scales back protections on Indiana wetlands, had gained support from the Indiana Builders Association, but numerous environmental, conservation and civic groups opposed it.
Simon no longer managing day-to-day operations at downtown’s Circle Centre mall
Property management firm JLL sent a letter, dated April 21, to tenants to inform them that it had taken over mall management and said it is in the process of hiring a general manager for the property.
Indy Eleven reaches sports betting deal with BetRivers
The agreement provides for a sleeve logo on the Indy Eleven’s 2021 jerseys, along with sponsorship of the 30-minute postgame TV show following every home game broadcast.
Indianapolis-based Castle Wealth Advisors acquired by Kansas firm
Castle President and CEO Gary Pittsford, who founded his business in 1973, said the deal will allow the firm to continue to grow, and give it access to a much larger pool of experts and services.
Indiana COVID-19 daily cases climb to 1,406
The state said more than 1.84 million Hoosiers had been fully vaccinated against COVID-19 as of Wednesday. More than 2.33 million had received the first dose of a two-dose vaccination.
Indoor concerts about to return to Indianapolis-area venues
Hilbert Circle Theatre in downtown Indianapolis, The Palladium in Carmel and The Vogue in Broad Ripple are among the venues that are getting back to business starting as soon as Friday.
U.S. jobless claims drop to lowest level since pandemic hit
The number of Americans applying for unemployment benefits dropped by 13,000 last week, to 553,000, another sign the economy is recovering from the coronavirus recession.
Major companies sound alarm over commodity price hikes
Plastic, paper, sugar, grain and other commodities are all getting more expensive as demand outpaces supply. Companies are also paying more for shipping as fuel costs rise and ports experience longer delays because of congestion.
FDA revives federal effort to ban menthol cigarettes
U.S. health regulators pledged again Thursday to try to ban menthol cigarettes, this time under pressure from African American groups to remove the mint flavor popular among Black smokers.
U.S. economy accelerated at a robust 6.4% rate in first quarter
Growth in the current April-June period is expected to be faster still: Some economists say it could reach a 10% annual pace or more, driven by a surge in people traveling, shopping, dining out and otherwise resuming their spending habits.
11th Street Development pitches alternative home designs for Lebanon’s growing workforce
The Lebanon City Council is set to consider special zoning in May to allow for new row-house and cottage-style residences to be built near Lebanon Business Park.
Four ways Biden’s plan for families would affect schools, children
President Joe Biden proposed a massive package of policies Wednesday designed to reduce child poverty rates and make preschool and higher education more accessible.
Curium plans $10M investment, 34 new jobs in Noblesville radiopharmaceutical facility
Curium, a nuclear medicine company with global headquarters in London and Paris and its North American headquarters in St. Louis, took over the Noblesville facility when it acquired Zevacor Molecular in March 2020.
City awards $2.6M contract for next addition to Market Street construction
The contract is part of $10.2 million reconstruction project to Market Street on both the east and west sides of Monument Circle.
Allison Transmission raises sales forecast amid ongoing pandemic recovery
The Indianapolis-based manufacturer said it expects 2021 net sales to range from $2.33 billion to $2.48 billion. That’s an improvement from the guidance the company issued in February.
One-time transfer rule clears last NCAA step, starts in 2021
The NCAA Division I Board of Directors ratified a rule change Wednesday that will allow all athletes who have not yet transferred the ability to do so one time in a college career and be immediately eligible to play.
With demand for vaccines leveling off, Indiana health officials make new push
Indiana continues to lag most of the nation in the percentage of people who are fully vaccinated, despite high-profile efforts by the state to roll out mass vaccination clinics and offering same-day, walk-in or drive-in shots.
Nate Feltman: IU’s Scott Dolson had a winning March
Winning sports programs help drive alumni engagement, leading to more donations that help support a university’s educational mission. A winning tradition also helps drive reputation and enrollment.