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Biden announces $1.9T pandemic rescue plan

January 14, 2021 | Associated Press

President-elect Joe Biden unveiled a stimulus plan Thursday intended to speed up vaccines and pump out financial help to those struggling with the pandemic’s prolonged economic fallout.

Powell signals Fed will keep aiding economy with bond buying

January 14, 2021 | Associated Press

Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance.

Petco goes public again as spending on dogs, cats soars

January 14, 2021 | Associated Press

It’s the third time Petco has gone public since it was founded in 1965 as a mail-order veterinary supplies business. Both times Petco was bought and taken private, most recently in 2006.

Investigative reporter Chapman latest on-air personality to leave WTHR

January 14, 2021 | IBJ Staff

Chapman announced the news on Twitter on Thursday afternoon, saying that it’s “now my choice to pursue other dreams and goals.”

Instacart, others push incentives to get workers vaccinated

January 14, 2021 | Associated Press

As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots.

Trump backers seek online refuges after big tech backlash

January 14, 2021 | Associated Press

Online supporters of President Donald Trump are scattering to smaller social media platforms, fleeing what they say is unfair treatment by Facebook, Twitter and other big tech firms looking to squelch what they label misinformation and threats of violence.

House Republicans propose $30M for small businesses, $150M for learning loss grants

January 14, 2021 | Lindsey Erdody

The two grant programs were initially announced last week as part of the House GOP legislative agenda, but the exact funding amounts were not shared at that time.

Lawmakers consider giving local governments more flexibility on road funding

January 14, 2021 | Lindsey Erdody

House Bill 207, authored by Republican Sen. Blake Doriot of Goshen, would change how cities and counties with wheel and vehicle excise taxes in place are required to spend Motor Vehicle Highway funds for the next two years.

Group led by ex-Brightpoint CEO launches 2nd, and bigger, blank check company

January 14, 2021 | Anthony Schoettle

Novus Capital Corp II, a SPAC targeting businesses enabling smart technology evolution, filed Wednesday with the Securities and Exchange Commission to raise up to $250 million in an initial public offering.

Private individual, residential developer to acquire former Simon estate in Carmel

January 14, 2021 | Kurt Christian

The Great American Songbook Foundation said it is nearing the sale of its 107-acre Asherwood estate in Carmel to a private individual and a developer that wants to turn part of the property into an estate community.

simon estate asherwood

A beautiful estate in Zionsville

January 14, 2021 | Samm Quinn

The house at 9 Lost Run Lane in Zionsville is more than 13,000 square feet and sits on a nearly 2.5-acre lot.

Christopher & Banks files bankruptcy, closing stores

January 14, 2021 | Bloomberg News

The publicly traded chain said in a statement that it expects to close “a significant portion, if not all” of its 449 physical stores. The retailer has three stores in the Indianapolis area.

9 Lost Run Lane

State COVID-19 report shows 4,411 new cases, 40 more deaths

January 14, 2021 | IBJ Staff

The latest numbers show 48,437 Hoosiers have been fully vaccinated against the COVID-19 virus and 238,802 have received their first dose of the vaccine.

Speedway lands Aldi store for Founders Square development

January 14, 2021 | IBJ Staff

Fishers-based Rebar Development on Wednesday said Aldi will occupy 20,400 square feet of newly built space in the project under construction near Interstate 465 at the northwest corner of Crawfordsville and High School roads.

Mortgage rates poised to rise as U.S. Treasury yields surge

January 14, 2021 | Associated Press

Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, are climbing this month amid expectations of higher U.S. government spending on pandemic relief and an economy recovery as more people get vaccinated for COVID-19.

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U.S. unemployment claims jump to 965,000 as virus takes toll

January 14, 2021 | Associated Press

In Indiana, 18,812 people filed initial unemployment claims in the week ended Jan. 9, up from an adjusted number of 14,796 the previous week.

More Hoosiers are earning post-high school certificates

January 14, 2021 | Samm Quinn

The 2020 Certificates report shows that Indiana has gained 15 percentage points toward education attainment since 2008.

Ask the vet: To prevent bites, teach children to respect dogs

January 14, 2021 | Lee Pickett, Special to IBJ

Most bite victims are children, usually boys between the ages of 5 and 9, who are provoking dogs they know. The most common injury sites are the face, neck and head.

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