Indiana reports 1,733 new COVID-19 cases, 16 more deaths
The state’s cumulative death toll from COVID-19 increased by 1,597 in January, the second-highest monthly increase behind December’s rise of 2,418.
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U.S. factories showed growth in January, but at slower pace
The Institute for Supply Management’s survey of businesses showed that 16 of 18 manufacturing industries showed growth in January. The contracting industries were printing and petroleum.
Congressional Budget Office projects 4.6% growth in 2021
The CBO cautioned that its projections are highly uncertain, in large part because of the pace of the vaccination and the risk of new variations of the coronavirus.
City’s former deputy mayor joins law firm Bose McKinney
The Indianapolis-based law firm said Thomas Cook will join its Site Selection & Economic Incentives Group, where he’ll assist clients with economic development deals, among other duties.
Indiana lowers age eligibility for COVID-19 vaccine to 65 and older
Vaccinations had been limited to those 70 and older since Jan. 13 as part of the statewide vaccination rollout to the general public. The state started offering vaccines to the general public Jan. 8 with the 80-and-older age bracket.
IBJ Podcast: Turner Woodard talks saving the Stutz—and then selling the majority share
Woodard talked to host Mason King about his adventure restoring the Stutz Business and Arts Center, about his decision to sell a majority share in the complex and what the new owners have in store for the buildings.
Slammed by pandemic losses, NCAA revenue shrinks by $600 million
The Indianapolis-based National Collegiate Athletic Association saw revenue fall by more than 50% in its latest fiscal year because of the COVID-19 pandemic, but was able to minimize the damage thanks to its financial contingency plan, the organization said.
Biden to meet with Senate Republicans offering pandemic relief counterproposal
President Joe Biden intends to meet on Monday with 10 GOP senators who are calling on him to make a smaller, bipartisan deal instead of forging ahead with a party-line vote on his $1.9 trillion coronavirus relief plan.
Indiana COVID-19 cases, deaths fall to lowest levels in months
The Indiana State Department of Health on Sunday reported five new deaths due to the coronavirus, the lowest daily number since Oct. 4.
CDC to require face masks on airlines, public transportation
The 11-page CDC order takes effect just before midnight on Monday night. It makes refusal to wear a mask a violation of federal law.
Former Chevrolet plant site in Muncie eyed for solar farm
RACER Trust and Muncie officials said they have reached an agreement for the city to purchase the 53-acre main parcel of the former property.
Indiana COVID-19 hospitalizations continue to fall
The Indiana State Department of Health on Saturday reported another 43 deaths due to the coronavirus. Deaths due to COVID-19 have exceeded single digits for 111 straight days.
GameStop stock soars again while Wall Street bends under the pressure
The stock market sank again Friday as a speculative frenzy over GameStop and a handful of other stocks ramped up worries over how much damage an online revolt against Wall Street bigwigs can damage the broader market.
Applications surge after big-name colleges halt SAT and ACT testing rules
The sudden explosion in demand for these and other big-name schools is another ripple effect of the coronavirus pandemic that could reshape college admissions for many years to come.
Study: Not-for-profits lost 50,000 jobs last month from virus
That finding, in a report from Johns Hopkins University, suggests that it could take nearly 18 months for not-for-profits to regain their pre-pandemic employment levels.
Why dealmakers expect tech M&A to keep up its red-hot run
Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion—the largest software deal of the year—could spur other companies to revisit their wish lists, advisers said.
2020 mergers and acquisitions that lacked public prices
Here are notable Indianapolis-area mergers and acquisitions that closed in 2020 for which financial details were not available.
Dealmaking activities have largely moved online for social distancing. Will the new habits stick?
Since the pandemic has shifted many of these interactions online, local dealmakers say they feel the loss of assessing non-verbal cues and interactions among members of a management team as they decide whether to acquire companies or invest in startups.
Jalene Hahn: Financial planner, adviser, broker? What’s in a name?
Most titles are for marketing purposes and are generally meaningless. Marketing pitches lead you to believe there is no distinction among different types of financial providers.
Bohanon & Curott: Facebook, Twitter should not be regulated as common carriers
Isn’t it interesting how many on the right have suddenly found affinity with the common-carrier doctrine, while those on the left have abruptly discovered a commitment to unfettered free markets?