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.
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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.
IBJ Podcast: Indiana’s workforce leader talks unemployment, labor markets and minimum wage
Host Mason King talks with Fred Payne, commissioner of the Indiana Department of Workforce Development, about what the state is doing to help more Hoosiers find jobs and more companies find workers.
Moderna: FDA delaying decision on its shot for adolescents
U.S. regulators are delaying their decision on Moderna’s COVID-19 vaccine for 12- to 17-year-olds while they study the rare risk of heart inflammation, the company said Sunday.
American Airlines cancels more than 1,600 weekend flights
The disruptions were similar in their initial cause and size to problems suffered in early October by Southwest Airlines, and they raised ominous questions about whether major airlines are prepared for the busy upcoming holiday travel period.
Holcomb extends COVID-19 orders but change is contemplated
Indiana Gov. Eric Holcomb has extended COVID-19 executive orders through November but suggested they might be scaled back by December.
Indianapolis matches 2020 homicide record with 215th death
A man was shot and killed early Sunday in Indianapolis, taking the number of criminal homicides in the city this year to a record-tying 215.
Elkhart-area RV industry boosted by record shipments
Figures compiled by the RV Industry Association show factories shipped about 55,000 units during September, setting a record for most shipments in a single month and a 32% increase from September 2020.
G-20 endorses global corporate minimum tax at Rome summit
U.S. Treasury Secretary Janet L. Yellen predicted that the deal on new international tax rules, with a minimum global tax, will benefit American businesses and workers and “end the damaging race to the bottom on corporate taxation.”