Indiana’s IREAD scores show unequal effects of pandemic on children
The gap in passing rates on state tests between white and Black students grew to 25.5 percentage points last spring from 2019.
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Biden health officials push to make COVID booster shots available to all adults
The debate comes at a critical time for the Biden administration, with top advisers growing increasingly fearful the country could slide backward into a fifth pandemic wave amid colder weather and declining vaccine protection.
Disappearing shorts: As stocks soar, skeptics surrender
As the stock market has surged to records, activity has dwindled to a nearly two-decade low for the traders known as short sellers, who make their money betting stocks will fall.
Biden bill includes boost for union-made electric vehicles
Eleven governors complained that the more generous tax credit for cars made in union plants would punish companies and workers in their states.
Foundations commit billions to fight climate change
The United Nations Climate Change Conference has promoted a series of announcements from foundations and individuals attempting to pour money into efforts to fight climate change, an area many think philanthropy has neglected.
Indiana reports 18 more COVID deaths, 2,940 more cases
Statewide hospitalizations due to COVID-19 decreased from 1,328 on Tuesday to 1,298 on Wednesday after rising for four straight days.
Rivian rockets past GM to become 2nd most valuable carmaker
The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its shares rose 10% at the opening bell Thursday pushing its valuation over $90 billion.
Trio of industrial buildings planned near Ruoff Music Center
A Carmel-based development firm plans to spend $70 million or more to turn agricultural fields in Noblesville into the site of three industrial buildings called Saxony Industrial Center.
Fishers lands $125M life sciences manufacturing operation with plans for 210 jobs
Genome & Co. announced Thursday morning that it plans to establish a new 110,000-square-foot facility on 15 acres in the new Fishers Life Science & Innovation Park.
Vietnamese restaurant plans 2022 debut in Broad Ripple
Eating Fresh is targeting February or March for opening in a site on Broad Ripple Village’s front doorstep that housed Naked Tchopstix from 2003 to 2018.
USPS chief says post office ready for holiday package rush
U.S. Postal Service officials say they have the staffing and resources to handle the coming onslaught of holiday packages, and avoid a repeat of the disastrous 2020 season that brought mail delivery to a crawl.
Here’s why inflation is so high, and when it might ease
As any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in. And economists are now voicing a more discouraging message.
Ex-Muncie mayor sentenced to year in prison for bribery
Dennis Tyler was sentenced Wednesday to a year in prison on federal charges of taking a $5,000 bribe in exchange for steering city projects to a contractor.
Hershey buys Dot’s and Indiana pretzel maker for $1.2B
The chocolate company said it would acquire North Dakota-based Dot’s Pretzels LLC as well as Pretzels Inc., an Indiana-based manufacturer of Dot’s Pretzels and other snacks that operates three plants.
City report calls for low-barrier, service-rich shelter for homeless residents
The report from the Indianapolis Office of Public Health and Safety says the new shelter should offer a high level of access and feature a concentration of services meant to help homeless people get back on their feet.
Strada Education Network hires ‘architect’ of Virginia’s Amazon HQ2 bid as CEO
Virginia Business named Stephen Moret its 2019 Business Person of the Year and credited him with resuscitating the state’s business-recruitment arm on the way to landing Amazon’s second headquarters, the largest economic development project in U.S. history.
Economist: Pandemic recession has ended, but disruptions linger
Fifth Third Bank’s Chief Investment Strategist Jeff Korzenik told an Indianapolis audience Wednesday that the workforce crunch and sudden glut in downtown office space remain vexing problems, but Indiana is in solid position to take advantage of the return of manufacturing from overseas.
IPS could share $5M in referendum funds with innovation schools
Responding to urging from families and other advocates, Indianapolis Public Schools is proposing to share $5 million per year from a recent tax measure with its charter school partners.