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Nominee for U.S. banking regulator faces hostile opposition

November 17, 2021 | Associated Press

Saule Omarovaa’s previous criticism of the banking industry makes the banks fearful she will be a tough regulator for Wall Street. They also are wary because of academic writings in which she has proposed substantial overhauls to how banks operate in the U.S.

Biden pushes electric vehicle chargers as energy costs spike

November 17, 2021 | Associated Press

The president is hoping to do even more to promote electric vehicles, including a provision for a $7,500 tax credit for consumers who buy electric vehicles through 2026 that’s been floated as part of his proposed $1.85 trillion social services and climate bill.

Indy-based parking tech company T2 to be acquired for $347M

November 17, 2021 | Susan Orr

T2, founded in 1994, provides parking-management hardware and software to universities, municipalities, parking operators, health care facilities and transportation hubs. It has more than 1,900 customers.

Indiana governor, GOP lawmakers look to end COVID-19 orders

November 16, 2021 | Associated Press

Indiana’s governor is facing pressure from fellow Republicans to end the statewide COVID-19 public health emergency order that’s been in place since March 2020 even as the state has seen a recent jump of infections and hospitalizations.

Indiana Statehouse

GOP-majority court chosen to consider Biden vaccine mandate

November 16, 2021 | Associated Press

The selection could be good news for those challenging the administration’s vaccine requirement, which includes officials in 27 Republican-led states, employers and several conservative and business organizations.

Boosters for all adults in U.S. could be OK’d by this weekend

November 16, 2021 | Associated Press

Pfizer asked U.S. regulators last week to allow boosters of its COVID-19 vaccine for anyone 18 or older. The Food and Drug Administration is expected to sign off on Pfizer’s application.

Yellen extends date for potential debt default

November 16, 2021 | Associated Press

Treasury Secretary Janet Yellen told Congress on Tuesday that she believed she would run out of maneuvering room to avoid the nation’s first-ever default soon after Dec. 15.

YMCA of Greater Indianapolis names new CEO

November 16, 2021 | Alex Brown, Inside INdiana Business

Gregg Hiland has spent 31 years with the YMCA, most recently serving as senior vice president and chief operating officer for the greater Indianapolis chapter.

Notre Dame receives record $50M gift toward undergrad aid

November 16, 2021 | Associated Press

Alumnus Harry Fath and his wife, Linda, of Cincinnati, pledged the money exclusively toward aid for undergraduates, Notre Dame officials said.

British Airways seeking to launch direct London-to-Indianapolis flight

November 16, 2021 | Mickey Shuey

If the route becomes official, it would be the first trans-Atlantic flight from the Indianapolis since Delta Air Lines discontinued its Paris flight in March 2020 due to the coronavirus pandemic.

Statewide COVID-19 hospitalizations, cases climbing again

November 16, 2021 | IBJ Staff

The Indiana State Department of Health on Tuesday reported 42 more COVID-19 deaths in the state, raising the total to 16,577.

Pfizer asks U.S. officials to approve promising COVID-19 pill

November 16, 2021 | Associated Press

Pfizer reported earlier this month that its pill cut hospitalizations and deaths by 89% among high-risk adults who had early symptoms of COVID-19.

A dozen states, including Indiana, challenge health worker vaccine mandate

November 16, 2021 | Associated Press

The latest suit, dated Monday, was filed in Louisiana on behalf of 12 states and comes less than a week after another lawsuit challenging the rule was filed in Missouri by a coalition of 10 states.

Inflation set to spoil holidays for struggling U.S. families

November 16, 2021 | Bloomberg News

Inflation is eating into recent wage increases, and the timing couldn’t be worse after federal pandemic relief expired for about 7.5 million people.

House eyes vote this week on $2 trillion Biden spending plan

November 16, 2021 | The Washington Post

House Democrats hope to begin debate as soon as Wednesday on the proposal to overhaul the country’s health care, education, climate, immigration and tax laws, aiming to adopt the sweeping measure by the end of the week.

U.S. industrial production rebounded 1.6% last month

November 16, 2021 | Associated Press

U.S. industrial production rebounded as automakers posted strong increases and the adverse effects from a hurricane that struck the nation’s energy complex in the Gulf of Mexico faded.

Americans ramped up retail spending in October

November 16, 2021 | Associated Press

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending. But much of the sales increase reflected higher prices.

Indy Eleven hire El Paso leader Lowry as new head coach

November 16, 2021

Mark Lowry becomes the fourth head coach in Eleven team history. The 36-year-old native of Birmingham, England, has coached El Paso Locomotive FC in United Soccer League Championship play for the past three seasons.

Eight firms team up on $100M project along Monon Trail with housing, grocery, other retail

November 16, 2021 | Mickey Shuey

Located in the long-struggling Martindale Brightwood neighborhood, the expansive Monon 30 project in part would be intended to boost an area now littered with the remnants of past industrial uses.

State higher education chief Teresa Lubbers stepping down

November 16, 2021 | IBJ Staff

Indiana Commissioner for Higher Education Teresa Lubbers plans to leave her position at the end of the 2022 legislative session, ending a nearly 13-year run in the job, the governor’s office announced Tuesday morning.

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