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Study finds inequities in lending in majority-Black neighborhoods

October 16, 2020 | Samm Quinn

Although redlining—discrimination in banking and lending based on someone’s race or where they live—has been illegal since the Fair Housing Act passed in 1968, analysts at Indiana University’s Public Policy Institute found that inequities in home-loan lending still exist.

Residents seek clout in 5G pole placements

October 16, 2020 | Mickey Shuey

Telecom companies are putting 5G antennas by the hundreds in neighborhoods across Indianapolis, escalating tensions with residents who complain they have little say over where they’re built.

BOHANON & CUROTT: There’s actually a market out there to trade your vote

October 16, 2020 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

Some third-party partisans in swing states are offering to exchange their vote for the votes of two-party partisans in non-swing states.

Corporate America puts $2 trillion in bank in run-up to election

October 16, 2020 | Bloomberg News

Reluctance to put money to work took hold when the pandemic struck and has shown few signs of easing.

Chase remains Indy’s biggest bank

October 16, 2020

PNC and Fifth Third rank as the second and third largest area bank by deposits.

Greg Morris: IBJ’s virtual events engage and inform, even in a pandemic year

October 16, 2020 | Greg Morris

You have several opportunities before the end of the year to view a live IBJ virtual event. They are free for individuals, and corporate virtual rooms can be reserved for $100. Register at ibj.com by clicking on the events tab.

Editorial: Equity pledge is strong step forward in continuing conversation about race

October 16, 2020

We urge more companies to make similar commitments, whether they do so publicly by participating in the equity pledge or privately with accountability from within their own organizations.

Q&A with Tichina Clark, who turned lessons from prison into a business

October 16, 2020 | Susan Orr

In November 2019, Tichina Clark officially launched her business, which sells homemade soups, salads and desserts packaged in mason jars.

Video-email firm has signed 70 deals with colleges

October 16, 2020 | Anthony Schoettle

Covideo’s platform allows users to send 60- to 90-second video clips embedded in email and text messages and to track if, when and how many times the videos are viewed.

Twitter pulls back on key policy after New York Post article controversy

October 16, 2020 | The Washington Post

Twitter was wrong to block web links to a political story, CEO Jack Dorsey said on Friday, as the company responded to criticism over its handling of an article that led to cries of censorship.

Fed’s Bullard says U.S. could see rapid decline in unemployment

October 16, 2020 | Bloomberg News

Federal Reserve Bank of St. Louis President James Bullard the U.S. labor market is likely to bounce back quickly when more temporarily furloughed workers return to jobs and the coronavirus pandemic comes under control.

UPDATE: Colts say COVID tests were false positives; Sunday’s game remains on schedule

October 16, 2020 | Associated Press and IBJ Staff

The update came several hours after the Colts initially announced that “several individuals within our organization” had tested positive for the virus.

Indiana reports more than 2,000 new COVID-19 cases

October 16, 2020 | IBJ Staff

The state also reported 22 additional deaths from COVID-19, the ninth time in the past 11 days in which deaths have been in double digits.

Doctors search for treatments for COVID-19 ‘long-haulers’ with few guides

October 16, 2020 | The Washington Post

A British team recently estimated that as many as 10 percent of the people who contract the disease suffer prolonged symptoms. The CDC estimates that 35 percent of people who get mild versions had not returned to their pre-disease state of health two to three weeks later.

Study finds remdesivir, 3 other drugs have little to no effect on COVID-19

October 16, 2020 | Associated Press

The results of the global trial are in sharp contrast to a large study in the United States, which found remdesivir shortened the time to recovery by about five days on average.

U.S. retail sales grow for 5th straight month; industrial production falls

October 16, 2020 | Associated Press

Much of last month’s growth came from clothing stores, where sales rose 11%. At auto dealerships and parts shops, sales were up 3.6%.

Holcomb maintains significant cash advantage in governor’s race

October 16, 2020 | Lindsey Erdody

Republican Gov. Eric Holcomb nearly quadrupled his Democratic opponent in fundraising during the third quarter, according to campaign finance figures released Thursday afternoon.

Somerset Cloud gets name change, new majority owner

October 16, 2020 | Anthony Schoettle

The company founded as Somerset Cloud last year has a new name, majority owner and an even higher growth curve than originally projected.

Hale raises more money than Spartz in third quarter in 5th District battle

October 16, 2020 | Lindsey Erdody

Indiana 5th Congressional District Democratic candidate Christina Hale raised more than $600,000 more than her Republican opponent during the third quarter, according to campaign finance reports released Thursday.

New corporate pledges strive to give equity efforts staying power

October 16, 2020 | Susan Orr

The Indy Racial Equity Pledge, launched Oct. 8, details what nine Indianapolis-area employers plan to do to improve racial equity within their organizations, the Indianapolis area, and beyond.

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