U.S. jobless claims fall near pandemic low as economy strengthens
A total of about 12 million people are receiving unemployment benefits, down sharply from the previous week’s figure of nearly 13 million.
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Drew Brees, former teammates partner on central Indiana stretching studios
Stretch Zone opened its first of three planned new Indiana franchises in Zionsville last month. Fishers resident Ben Smith, who co-owns the franchise with former NFL star Drew Brees, said he’s hoping to eventually open locations across the state.
Developer plans $150M apartment, retail and hotel project at 96th and Meridian
Indianapolis-based Landmark Properties Inc. is in the early stages of a redeveloping the Meridian North retail and office center, but its plans are already meeting some resistance from neighboring residents.
Indiana lawmakers head to next step in redistricting after hours of initial public testimony
Lawmakers heard more than two hours of testimony Wednesday at the Indiana Statehouse from citizens who spent most of their time asking for a fair redistricting process.
Airlines begin to see drop in travel demand as virus numbers rise
A surge in coronavirus caseloads across the nation is starting to dampen the enthusiasm of leisure travelers, with one major airline warning Wednesday that the more contagious delta variant could darken the outlook through fall.
Senate push for expansive electric-vehicle incentives in $3.5T budget could hit bumps
The Senate dust-up Tuesday reflects long-standing disagreements on Capitol Hill over the benefits of financial incentives to spur the transition to electric vehicles, which make up about 2% of U.S. sales.
Court rules for Roncalli in lawsuit brought by fired counselor in same-sex marriage
The Indianapolis Catholic high school scored a victory in its legal battle with Lynn Starkey, who served as Roncalli’s co-director of guidance until 2019, when the school did not renew her contract after learning that she was in a civil union with a woman.
Top Dem sees tough pathway for $3.5T social, climate plans
The real test will be when Democrats write and vote on subsequent legislation actually enacting the party’s priorities into specific spending and tax policies.
2021 CTO of the Year: Cody Rivers
Apex Infinite Solutions chief technology officer Major company achievements during tenure Apex Infinite Solutions is an IT managed-services provider specializing in end-user support, consulting, infrastructure and cybersecurity. Rivers has been at AIS nine years, helping to grow the company from a two-man shop focused on central Indiana organizations to 16 full-time employees serving more than […]
Lumber drops to nine-month low, extending retreat from record
The tumble marks a stark turnaround for the common building material after strong U.S. construction demand during the pandemic spurred a surge in orders for lumber, causing prices to more than quadruple to their May peak and fueling inflation concerns.
Colts extend deals of GM Chris Ballard, coach Frank Reich
In Ballard’s four years overseeing football operations, Indianapolis has posted two double-digit win seasons with playoff appearances. Those teams were coached by Reich.
Rolls-Royce celebrates completion of $600M in upgrades to local manufacturing campus
The $600 million project, announced in 2015, included upgrades to the facilities, machinery and manufacturing processes at Rolls-Royce’s Indianapolis operations. A pandemic-delayed celebration of the project is scheduled to take place Wednesday afternoon.
Turner Woodard buys home of indoor karting complex in Speedway
The real estate investor and racing enthusiast has closed a deal with former IndyCar driver Sarah Fisher and her husband that will help them to continue growing their karting business.
Indiana reports 2,507 new COVID-19 cases, 19 more deaths
The seven-day moving average of new deaths rose from six to eight, the Indiana State Department of Health said on Wednesday.
Samsung slashes prices in bid to boost foldable phone sales
Samsung is hoping less expensive but more durable versions of its foldable phones will broaden the appeal of a high-concept design that’s so far fizzled with consumers.
Plan to replace aging postal truck fleet delayed by lawsuit
The primary fleet of vehicles—dating to 1987—was due to be replaced under a new contract but the winning bid for the new trucks is being challenged.
U.S. consumer prices rose in July but at slower pace
Rising inflation has emerged as the Achilles’ heel of the economic recovery, erasing much of the benefit to workers from higher pay and heightening pressure on the Federal Reserve’s policymakers under Chair Jerome Powell, who face a mandate to maintain stable prices.
Indiana lawmakers poised for final stop on redistricting listening tour
State lawmakers will convene at the Statehouse on Wednesday for a final hearing before drawing the new district maps.
NCAA picks 23-member committee to reform its constitution
The panel was announced less than two weeks after the NCAA’s Board of Governors called for a constitutional convention to reform the way sports are governed by an organization with more than 1,100 member schools and some 450,000 athletes.
Federal judge rules against several Indiana abortion laws
The anti-abortion group Indiana Right to Life denounced the decision as “judicial activism at its absolute worst.”