IndyGo launches driver hiring campaign after service reductions
IndyGo announced in September that it would cut bus frequencies on 15 routes, effective Oct. 10, in a decision driven by its workforce and ridership numbers.
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Both sides ask Indiana high court to decide on emergency law
Indiana’s attorney general continues to criticize Republican Gov. Eric Holcomb for trying to block a new law that gives state legislators more power to intervene during public health emergencies, even while agreeing that the state Supreme Court should take up the dispute.
Indiana reports 47 more COVID-19 deaths, 1,440 new cases
More than 3.37 million Hoosiers had been fully vaccinated against COVID-19 as of Tuesday after a daily increase of almost 1,700.
First Internet Bank to acquire Georgia-based bank in $80M deal
Fishers-based First Internet says it expects that its $80 million acquisition of Georgia-based First Century Bank will be complete early next year. The deal brings several new product lines to First Internet’s existing offerings.
Bottleworks’ second phase moving ahead with no residential but greater emphasis on office space
The second phase alone is likely to take about three years to build, with construction commencing in mid-2022 at a tentative cost of nearly $100 million. The total project cost is expected to push $300 million.
Indianapolis man found guilty of securities fraud
A businessman who was accused of taking part in a Ponzi-like scheme that robbed numerous investors of their retirement savings was convicted of conspiracy to commit securities fraud and wire fraud, federal authorities announced Monday.
Feds buy another $1.29B worth of Lilly antibody treatment for COVID-19
The purchase will amount to 614,000 doses of two drugs, bamlanivimab and etesevimab, that make up the drug-cocktail infusion, Lilly said.
Indianapolis Public Schools to raise starting salary for teachers to $50,400
The hike is part of a two-year union contract approved Thursday that will give an average 3% raise for teachers this school year and another 3% next year.
Simon raises outlook after quarterly results top expectations
The Indianapolis-based shopping mall giant benefitted from a return of foot traffic to shopping centers after pandemic restrictions eased across the country.
Democrats scramble to get a drug-price compromise
The compromise would allow Medicare to negotiate some prescription drug prices but significantly scale back Democrats’ earlier ambitions.
American plagued by major flight cancellations for 4th day
Like other airlines, American encouraged thousands of workers to quit last year when air travel collapsed during the pandemic, only to be caught short-staffed this year when travel recovered faster than expected.
COVID vaccine for children 5-11 already being packed, shipped
Anticipating a green light from vaccine advisers, the Biden administration is assembling and shipping millions of COVID-19 shots for children ages 5-11, the White House said Monday. The first could go into arms by midweek.
Federal court blocks drug pricing enforcement action against Lilly
The ruling from Senior Judge Sarah Evans Barker also hinted that Congress needs to address the problems with the 340B Drug Pricing Program.
Fishers nursing home chain sues former CFO, claiming ‘extensive fraud’
Chosen Consulting LLC, which does business as Chosen Healthcare, alleges its former chief financial officer defrauded the company through a scheme to get double paychecks for more than a year and that she also improperly sent more than a half-million dollars to her own construction company.
Not-for-profit leader to be new Indy Parks director
Phyllis Boyd was previously executive director of youth-oriented organization Groundwork Indy, but she also has a background in landscape architecture and urban planning.
Global death toll from COVID-19 passes 5M; state sees 50 more deaths
Statewide hospitalizations due to COVID-19 ticked up from 1,284 on Saturday to 1,297 on Sunday. Saturday’s number was the lowest since Aug. 8.
City planning $10.1M initiative in Mars Hill to remove 650 parcels from flood zone
Indianapolis’ Department of Public Works is proposing a list of strategies to shrink federal floodplain boundaries, as well as to decrease the severity of water damage in the flood-prone neighborhood.
American’s canceled flights portend messy holiday travel
The razor-thin staffing that contributed to thousands of canceled U.S. passenger flights in October doesn’t bode well for smooth holiday travel.
Fed to start reining in economic aid as inflation risk rises
The Fed’s likely decision this week to taper its bond purchases comes as high inflation is bedeviling the U.S. economy for much longer than Federal Reserve Chair Powell and many other officials initially expected.
Survey: Americans sour on economy amid inflation woes
Just 35% of Americans now call the national economy good, while 65% call it poor, according to a poll by The Associated Press-NORC Center for Public Affairs Research.