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Holcomb administration disagrees with lawmakers on how to handle emergency powers

March 12, 2021 | Lindsey Erdody

During the occasionally tense hearing on House Bill 1123, a slew of officials from Gov. Eric Holcomb’s administration tried to convince lawmakers that the governor’s ability to make quick decisions has been key to the state’s response to the COVID-19 pandemic.

Biden aims for quicker shots, ‘independence from this virus’

March 11, 2021 | Associated Press

President Joe Biden pledged in his first prime-time address Thursday night to make all adults eligible for vaccines by May 1 and raised the possibility of beginning to “mark our independence from this virus” by the Fourth of July.

Pace of spending for pandemic aid? Try $43,000 every second

March 11, 2021 | Associated Press

The president signed the aid package into law Thursday without a comprehensive plan in place to distribute all of the funds, which will be a core focus of the administration in coming weeks.

More records for stock indexes as stimulus bill becomes law

March 11, 2021 | Associated Press and Bloomberg News

The S&P 500, the Dow Jones industrial average and the Russell 2000 measure of small-company stocks all closed at record levels on Thursday.

States drawing up big wish lists for the COVID relief money

March 11, 2021 | Associated Press

Since most state budgets are not in the tailspins that many feared last spring, states can use their share of the money to go way beyond balancing the books and dealing with the direct costs of the coronavirus pandemic.

Duke pulls out of ACC tournament, ending NCAA tourney streak

March 11, 2021 | Associated Press

The Blue Devils abruptly had to pull out of the tournament and end their season due to a positive COVID-19 test, ending their streak of 24 consecutive NCAA appearances that began in 1996.

Shirts or skins? Teams need only five to be eligible for NCAA tourney

March 11, 2021 | Associated Press

In explaining a number of contingencies that could come into play if teams are exposed to COVID-19, NCAA senior VP of basketball Dan Gavitt said that as long as a team has five healthy players, it’s good to go.

Biden signs $1.9T pandemic relief bill before speech to nation

March 11, 2021 | Associated Press

President Biden’s challenge Thursday night will be to honor the sacrifices made by Americans over the last year while encouraging them to remain vigilant despite “virus fatigue” and growing impatience to resume normal activities.

Indiana attorney general continues business advisory roles

March 11, 2021 | Associated Press

Attorney General Todd Rokita is being paid by private businesses for consulting work, including $25,000 a year for advising a Connecticut-based pharmaceutical company, according to a newspaper report.

Fishers used-car dealer agrees to state settlement over sales practices

March 11, 2021 | Susan Orr

Indiana Attorney General Todd Rokita said the dealer sold cars online in a way that led consumers to believe the seller was a private owner. For its part, the dealer said it was a one-time occurrence.

COVID-19 hospitalizations in Indiana hit lowest mark since June 26

March 11, 2021 | IBJ Staff

The Indiana State Department of Health on Thursday reported 922 new cases of COVID-19, the 13th time in the past 14 days in which daily cases have been below 1,000.

Insider alleges Lilly blocked her efforts to sound alarms about U.S. drug factory

March 11, 2021 | Marisa Taylor and Dan Levine, Reuters

Eli Lilly and Co. told Reuters news agency that it is working closely with the FDA to address concerns about the factory in Branchburg, New Jersey, which makes Trulicity.

U.S. jobless claims fall to 712,000 as pace of layoffs eases

March 11, 2021 | Associated Press

Counting supplemental federal unemployment programs that were established to soften the economic damage from the virus, an estimated 20.1 million people are collecting some form of jobless aid.

Forty Under 40 – Noteworthy

Please tell us, briefly, about anything new/significant in your life that you’d like to share with other Forty under 40 alums.

Roundup: Monterey Coastal Cuisine to open next month in Carmel’s Sophia Square building

March 11, 2021 | Kurt Christian

Former homebuilder Paul Estridge Jr. is opening a new seafood-forward restaurant called Monterey Coastal Cuisine next month. Also, three new businesses are slated to open in Carmel City Center this summer.

High Alpha Capital launches $110 million venture fund

March 11, 2021 | Anthony Schoettle

The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.

Milktooth chef Brooks apologizes for controversial online post referring to anti-semitic myth

March 11, 2021 | Susan Orr

High-profile local chef Jonathan Brooks, who is Jewish, said the Instagram post that prompted a social media backlash was meant as a joke. But local leaders of the Jewish community say referring to the anti-semitic trope of blood libel is potentially dangerous and never proper.

fortyunder40-brooks.jpg

Nursing home residents can get hugs again, feds say

March 11, 2021 | Associated Press

The government guidance comes as coronavirus cases and deaths among nursing home residents have plummeted in recent weeks at the same time that vaccination accelerated.

Coronavirus relief bill includes $7.2 billion to target ‘homework gap’

March 11, 2021 | The Washington Post

The funding will allow elementary schools, high schools and libraries to purchase Wi-Fi hotspots, modems and routers for students, and also fund the Internet service that those devices use.

Restaurants are big beneficiaries of COVID-19 relief package

March 11, 2021 | Associated Press

The pandemic relief package approved by Congress on Wednesday calls for grants equal to the amount of restaurants’ revenue losses, up to a maximum of $10 million per company and $5 million per location.

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