New info shows omicron spread wider earlier than thought
New findings about the coronavirus’s omicron variant made it clear Tuesday that the emerging threat slipped into countries before their defenses were up.
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FDA panel set to review Merck’s COVID-19 pill
If authorized, Merck’s pill would be the first that U.S. patients could take at home to ease symptoms and speed recovery, but new information released last week paints a less compelling picture of the drug than when the Merck first publicized its early results in October.
Powell says COVID variant clouds inflation, economic outlook
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.
Cyber Monday caps robust holiday shopping weekend
Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.
Biden vaccine mandate for health workers blocked in 10 states
A federal judge on Monday blocked President Joe Biden’s administration from enforcing a coronavirus vaccine mandate on thousands of health care workers in 10 states that had brought the first legal challenge against the requirement.
LSU hires football coach Kelly away from Notre Dame
Brian Kelly became the winningest coach in Notre Dame history earlier this season, surpassing Knute Rockne. No previous head football coach has ever left the Irish to take a job at another school.
Indianapolis Public Schools latest district to join vaping suit
The 2018 Indiana Youth Tobacco Survey found that more than one-third of Indiana high school students had used a Juul product.
Purdue-based startup gets FDA approval for cancer-targeting drug
It’s a big moment for On Target Laboratories, an 11-year-old biotech based in West Lafayette. The FDA approval marks the company’s first novel compound to get across the finish line. The drug is marketed under the brand name Cytalux.
Indiana COVID-19 hospitalizations climb back past 2,000
Statewide hospitalizations due to COVID-19 rose above the 2,000 mark over the weekend for the first time since late September, according to statistics released Monday by the Indiana State Department of Health
Wall Street steadies following last week’s omicron-related slide
The most powerful lift for stocks came from those that have been able to grow strongly almost regardless of the economy’s strength or pandemic’s pall.
U.S. commerce secretary urges boost in semiconductor output
Gina Raimondo will press Congress to pass legislation that would put about $52 billion toward U.S. chip manufacturing in a speech to the Economic Club of Detroit during a visit to the city that’s the capital of American auto manufacturing.
Fishers District developer breaking ground on adjacent 242-unit rental home community
With an initial price tag of $63 million, the 25-acre community east of Ikea has since been renamed Slate at Fishers District.
Twitter co-founder Jack Dorsey steps down as CEO
Dorsey has faced several distractions as CEO, starting with the fact that he’s also founder and CEO of the payments company Square. Some big investors have openly questioned whether he could effectively lead both companies.
Sports conferences ACC, Big Ten, Pac-12 launch mental health initiative
Teammates for Mental Health will be unveiled this week during basketball games involving the three conferences, including the ACC/Big Ten women’s and men’s challenges.
Shippers prepare for another pandemic crush of holiday gifts
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.
More omicron variant cases pop up as world rushes to learn more
The COVID-19 variant was identified days ago by researchers in South Africa, and much is still not known about it, including whether it is more contagious, more likely to cause serious illness or more able to evade the protection of vaccines.
IBJ Podcast: Buy your gifts now (and other tips for the 2021 holiday shopping season)
Retailing expert John Talbott tells host Mason King that the supply-chain issues that have plagued commerce since the start of the pandemic are expected to complicate gift buying and limit stock for some products. You won’t get any second chances.
Don Shondell, longtime BSU men’s volleyball coach, dies at 92
Shondell, who coached the Ball State University men’s volleyball team to 13 NCAA tournament appearances, was frequently referred to as the father of Indiana volleyball. He coached the Ball State team for 34 years and saw dozens of his players go into the coaching ranks.
Stocks sink on new COVID variant; Dow loses 905 points
It was the worst day for Wall Street’s benchmark S&P 500 index since February, and the price of oil fell about 13%, the biggest decline since early in the pandemic, amid worries of another slowdown in the global economy.
New omicron variant stokes world fears, triggers travel bans
A World Health Organization panel suggested omicron could pose greater risks than delta, which is the world’s most prevalent variant and has fueled relentless waves of infection on every continent.