IPS wants to end ties with charter school; families want 2nd chance
The school district announced earlier this month that it would recommend ending a contract with Ignite Achievement Academy to operate Elder W. Diggs School 42.
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Congress sends Biden $2.5T debt limit hike, avoiding default
Capping a marathon day, the House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote, defusing a volatile issue until after the 2022 midterm elections.
Biden’s plan for covering OTC virus testing has retro approach
Omicron is not the only reason testing is taking on renewed importance. Anticipated approval of antiviral pills that COVID patients can take at home is also expected to increase demand for fast tests that can provide reliable results.
Kroger ends some COVID-era benefits for unvaccinated employees
Among other changes, the two weeks of paid emergency leave that Kroger has been offering to employees who contract COVID-19 will no longer be extended to the unvaccinated, unless local jurisdictions require otherwise.
$500M in READI grant funding dished out to all 17 applicants
Seventeen regions representing all corners of the state will each get a slice of the $500 million in state-funded regional grants, with $65 million going to regions in the Indianapolis metro area.
Indiana COVID-19 hospitalizations surge again; 90 more deaths reported
| IBJ Staff and The Washington Post
As the Delta variant wreaks havoc in Indiana, CDC officials on Tuesday said the omicron variant is rapidly spreading in the United States and could peak in a massive wave of infections as soon as January.
Pure Eatery set to close at Fountain Square’s Murphy Art Center
Pure Eatery plans to end its 11-year run as a fixture in the Fountain Square neighborhood, the owners said Tuesday in a social media post.
Develop Indy deals led to 4,575 pledged jobs, $570M in investments, leaders say
Develop Indy, Indianapolis’ economic development agency, made incentive deals involving 71 business relocation or expansion projects during the first 11-plus months of the year, officials announced Tuesday.
Council committee OK’s $10.1M anti-flooding plan for Mars Hill
If implemented, the projects could remove more than 650 parcels from the federal 100-year floodplain, releasing properties in the southwest-side neighborhood from expensive flood insurance requirements.
Wholesale inflation jumps record 9.6% over past 12 months
The increase in wholesale prices was widespread, led by a 1.2% increase in the cost of goods and a 0.7% rise in the price of services.
Treasury awards $8.7B for lending in minority communities
The funds from the Emergency Capital Investment Program, which was created this year, will go to 186 community-based financial institutions.
Indiana-based forklift manufacturing giant getting new CEO
Jeff Rufener, president and CEO, plans to retire from Toyota Material Handling at the end of the month after leading the company for the past 10 years.
Developers teaming up on $33M affordable housing project on site of former school
As planned by Chase Development Co. and Birge & Held, Lincoln Lofts in the rebounding Bates-Hendricks neighborhood would be reserved for individuals and families making up to 60% of the area’s median income. The project would mean demolition for the former Abraham Lincoln School, IPS No. 18.
Methodist Sports Medicine announces name change in wake of lawsuit
IU Health sued the physician group last month, claiming trademark infringement and unfair competition, after it learned Methodist Sports Group and Franciscan Health were teaming up on a new hospital.
Pfizer confirms COVID pill’s results, potency versus omicron
The prospect of new pills to fight COVID-19 can’t come soon enough for communities in the Northeast and Midwest, where many hospitals are once again being overloaded by incoming virus cases.
Data indicate omicron variant milder, better at evading vaccines
A two-dose Pfizer-BioNTech vaccination appeared to provide just 33% protection against infection during South Africa’s current omicron wave, but 70% protection against hospitalization, according to the analysis.
Indianapolis-based IntelinAir taps former Dow Agro chief as CEO
IntelinAir, an ag-tech startup, moved its headquarters from California to Indianapolis in August. The company’s co-founder, Al Eisaian, is stepping aside as president, CEO and board chairman next month and long-term ag-tech exec Tim Hassinger will take over those roles.
Upscale Mexican chain planning downtown eatery, cantina
Los Arroyos Mexican Restaurant and Take Out, which opened a Carmel restaurant in 2016, is branching out with plans for a location near the mouth of Mass Ave.
Lilly, Chinese firm to pursue therapies for metabolic disorders
Indianapolis-based Eli Lilly and Co. has inked a research collaboration and licensing agreement with Regor Therapeutics Group that could be worth up to $1.5 billion.
Hospitalizations from COVID-19 reach highest mark since last year
Statewide hospitalizations due to COVID-19 have climbed 27% since Dec. 1 and 124% over the past month.