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The equity investment is by far the largest single capital raise by an Indiana-based technology company in the state’s history, according to Indianapolis-based TechPoint, a not-for-profit that supports the state’s tech industry.
Groups that hope to see revitalization in the Indiana Avenue neighborhood are paying close attention to how future interstate construction projects will affect the area.
Overall, 2.1 million Americans were collecting traditional unemployment checks during the week that ended Nov. 6, down by 129,000 from the week before.
As food producers raise prices, grocers and restaurants are passing the increases along to consumers for the most part, rather than have them chip away at profit margins. That strategy might not work much longer, several analysts said.
Pfizer asked the Food and Drug Administration on Tuesday to authorize emergency use of the experimental pill, which has been shown to significantly cut the rate of hospitalizations and deaths among people with coronavirus infections.
Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.
Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.
The vaccination rate is higher among teachers and principals—more than 80%—and lower among classified staff such as custodians and food service workers, said Superintendent Aleesia Johnson.
Louisville-based Churchill Downs proposed a $240 million project known as the Queen of Terre Haute, to be built on nearly 21 acres west of the Haute City Shopping Mall.
The foundation’s 26th annual highway rankings place the Hoosier state at 32 for the second straight year, dinging it for poor rural and urban interstate pavement, insufficient maintenance expenditures, low capital and bridge spending, and more.
Franciscan issued a three-paragraph statement, saying it had “re-examined its next steps” for the COVID-19 vaccine and was now adopting a Jan. 4 deadline to comply with the federal mandate.
The United Auto Workers union said 61% of its members approved the deal with Deere & Co. on their third vote, even though the new offer was strikingly similar to one that 55% of workers rejected two weeks ago.
Lawyers for the victims said the Indianapolis Metropolitan Police Department and the Marion County Prosecutor’s Office failed to follow Indiana’s red flag law when they decided not to file a case with the courts to suspend the shooter’s gun rights in March of 2020.
Apple is launching an online store for self-service repairs early next year that it says will have more than 200 individual parts and tools for making the most common repairs on the iPhone 12 or iPhone 13.
The United States Conference of Catholic Bishops approved plans Wednesday for Indianapolis to host a National Eucharistic Congress, a five-day summer event that organizers say could draw as many as 80,000 people to the city.
The legal fight over the increased power Indiana legislators gave themselves to intervene during public health emergencies will be going before the state Supreme Court, although not for nearly five months.
The IPS board is scheduled to vote Thursday on a plan to give $5 million per year to charter partners from the district’s 2018 operating referendum.
The far-east area is Lift Indy’s seventh designee, after Mid-North, Monon16, the Old Southside, East 10th Street, the Near-North and Martindale-Brightwood.
Executive Director Kim Gutfreund, who’s led Dance Kaleidoscope since June, and long-running artistic director David Hochoy announced Tuesday a $2 million capital campaign.
The Biden administration is making billions of dollars available to drugmakers to expand domestic production of COVID-19 vaccines in the hopes of building capacity to produce an additional 1 billion shots per year to share with the world.
