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IEDC chief lays out state’s new strategic plan for economic growth

December 2, 2021 | Emily Ketterer

Indiana Secretary of Commerce Brad Chambers has a vision for the state to “shoot higher” in its economic development efforts, which he outlined Thursday morning in a five-point strategy.

Lawmakers reach deal on spending bill, but hurdles remain

December 2, 2021 | Associated Press

Congressional leaders reached agreement Thursday on a stopgap spending bill to keep the federal government running through mid-February, though a temporary shutdown was still possible.

U.S. jobless claims rise by 28,000, but still low at 222,000

December 2, 2021 | Associated Press

The four-week average of claims, which smooths out week-to-week ups and downs, fell below 239,000, a pandemic low.

Holiday shoppers navigate shortages with mixed results

December 2, 2021 | Associated Press

The holidays have always been defined by disappointing out-of-stock messages on the most popular items. But the pandemic-induced supply chain snarls have created unprecedented shortages across all types of products.

Foo Fighters, Keith Urban highlight predicted comeback season at Ruoff Music Center

December 2, 2021 | Dave Lindquist

Following a pandemic-affected roster of 25 concerts in 2021 and just three shows in 2020, the Noblesville amphitheater already has 10 shows on the schedule for 2022. Owner Live Nation is predicting a record year for the live-music industry.

Following lengthy legal battle, Hustler store sets opening date in Castleton

December 2, 2021 | Dave Lindquist

Led by late Hustler magazine founder Larry Flynt, Hustler Hollywood generated controversy in Indianapolis due to its plans for a Castleton location next door to a Chuck E. Cheese.

Hustler Hollywood Castleton

Christmas tree buyers face reduced supplies, higher prices

December 2, 2021 | Associated Press

Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season.

MLB owners lock out players in first work stoppage since 1995

December 2, 2021 | Associated Press

Major League Baseball plunged into its first work stoppage in a quarter-century when the sport’s collective bargaining agreement expired Wednesday night and owners immediately locked out players in a move that threatens spring training and opening day.

Bloomberg pledges $750M to expand charter schools across U.S.

December 2, 2021 | The Washington Post

The plan, according to the Bloomberg Philanthropies website, is designed to create 150,000 new seats for students in charter schools in 20 metropolitan areas around the country.

GM cites improved chip supply in raising financial guidance

December 2, 2021 | Associated Press

General Motors raised its outlook Wednesday and said it expects to return to a normal production rate by the end of next year.

Fed survey finds supply chain shortages boosting inflation

December 2, 2021 | Associated Press

In a survey of business conditions, the Fed’s 12 regional banks found that the economy continued to grow at a modest-to-moderate pace. But because of supply chain problems, price increases were reported to be widespread across the economy.

GivingTuesday: Record $2.7B raised during day of generosity

December 1, 2021 | Associated Press

Donations on GivingTuesday, the annual campaign that encourages generosity on the Tuesday following Thanksgiving, rose by 9% this year in the United States alone, according to organizers.

Justices signal they’ll OK new abortion limits, might toss Roe

December 1, 2021 | Associated Press

The outcome probably won’t be known until June. But after nearly two hours of arguments, all six conservative justices indicated they would uphold a Mississippi law that bans abortion after 15 weeks of pregnancy.

Notre Dame set to promote Kelly assistant to head football coach

December 1, 2021 | Associated Press

Defensive coordinator Marcus Freeman would become the second Black head football coach at Notre Dame after Tyrone Willingham (2002-04).

Indiana COVID-19 cases hit highest mark since early January as death toll passes 17,000

December 1, 2021 | IBJ Staff

Statewide hospitalizations due to COVID-19 increased from 2,203 on Monday to 2,244 on Tuesday, the highest number since Sept. 23.

Scott Wise plans first Indianapolis location for Roots Burger Bar

December 1, 2021 | Dave Lindquist

After selling the Scotty’s Brewhouse chain in 2016, Wise got back into the restaurant game in 2019 with Roots Burger Bar. But he says he expects the third location, slated for Indianapolis’ northeast side, to be the last.

Scott Wise at Roots by Mason King 600 px

First U.S. case of COVID-19 omicron variant identified

December 1, 2021 | Associated Press

A person in California who had been vaccinated against COVID-19 became the first in the United States to have an identified case of the omicron variant, the White House announced Wednesday.

Holcomb extends public health emergency in Indiana

December 1, 2021 | Emily Ketterer

The signing marks the 21st time Holcomb has extended the state’s COVID-19 public health emergency, which has been in place since March 2020.

Capital One drops all overdraft fees, latest bank to do so

December 1, 2021 | Associated Press

A number other banks have announced this year—Ally Bank and regional banking giant PNC for example—that they would end overdraft fees or create programs that would greatly lower the chance a customer would get hit with an overdraft fees.

GM venture to build North American battery chemical plant

December 1, 2021 | Associated Press

The plant will employ hundreds of people and will start making materials in 2024, said Doug Parks, GM’s global product development and supply chain head.

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