FDA authorizes first e-cigarette, cites benefit for smokers
The Food and Drug Administration said the vaping device from R.J. Reynolds can help smokers cut back on conventional cigarettes.
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Todd Young raises record $1.6M in third quarter
Young’s campaign said the amount was the largest raised in the third quarter during the off-year of a U.S. Senate campaign by an Indiana candidate.
Unsupported ‘sickout’ claims take flight amid Southwest woes
Neither the company nor its pilots’ union has provided evidence to back up their explanations for why nearly 2,400 flights were canceled from Saturday through Monday.
Carmel used-car auction company sold to New York firm
Detroit-based private equity firm Huron Capital has sold XLerate Group—a company it formed in 2014— to a firm in New York.
Inflation rises 5.4% from year ago, matching 13-year high
The unexpected burst of inflation this year reflects sharply higher prices for food and energy, but also for furniture, cars, televisions, and other largely imported goods.
Social Security cost-of-living adjustment largest in decades
The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
Artificial intelligence consultant opens downtown office, plans to hire 38
Atrium is led by CEO Chris Heineken, the former chief operating officer of Indianapolis-based cloud consulting firm Appirio.
High Alpha launches Pillar, which aims to help clients do better interviews
According to High Alpha, Pillar uses artificial intelligence and provides in-interview coaching to help companies assess a candidate’s fit for a job during the interview process.
Report: Local Black, Hispanic children face ‘chronic lack of access’ to quality education
For students in Marion County, the deficiency begins in preschool and lasts until they’re preparing for college, according to a new report commissioned by the Indianapolis-based Richard M. Fairbanks Foundation.
FDA review finds Moderna booster strengthens COVID-fighting response
On Thursday, advisers are expected to consider data supporting a third shot of Moderna, which would be the equivalent of a half-dose of the original shot. The booster would be administered at least six months after initial vaccination.
Indiana’s COVID-19 vaccination pace falls to lowest level
The state health department’s tracking shows Indiana giving about 6,000 shots a day through last week—about half the rate from early September.
Pelosi prepares Dems to scale back $3.5T spending package to $2T
House Speaker Nancy Pelosi said there are “important decisions to make in the next few days” if they hope to forge a legislative compromise that the fuller party, including its spending-weary centrists, ultimately can support.
House sends debt-limit hike to Biden, staving off default
Members of the House on Tuesday pushed through a $480 billion increase to the nation’s debt limit, ensuring the federal government can continue fully paying its bills into December.
Fast 25: The BAM Cos.
BAM buys and manages apartments in suburban communities that offer diverse employment opportunities and good school districts.
Signet bets $490M on bridal resurgence with Diamonds Direct deal
The cash deal will add 22 stores and 500 employees to Signet Jewelers Ltd.’s network. Diamonds Direct has one store in Indianapolis.
Indiana Supreme Court upholds marriage limit on son’s inheritance
The court said in a 5-0 ruling that nothing in state law prohibits a will from making an inheritance based on certain behavior that must be undertaken, or avoided, by the beneficiary
More Afghans arriving in Indiana to await resettlement
More than 6,600 Afghan refugees who began arriving at the Indiana National Guard’s Camp Atterbury training post nearly six weeks ago are awaiting resettlement.
Fast 25: Sharpen Technologies Inc.
Sharpen Technologies Inc. provides what it calls an “agent-focused omnichannel contact center platform,” which is another way of saying the company’s software is designed to make customer service departments more efficient and give customers better experiences.
Fast 25: GenTech Associates Inc.
GenTech is a management consulting firm and licensed CPA firm focused on government contractors. It provides accounting services, training, IT and accounting-systems support.