IMF forecasts 6% global growth this year as economies reopen
But the 190-country lending agency has downgraded its forecast for poorer countries, most of which are struggling to vaccinate.
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Indy-based startup Pattern89 acquired by Shutterstock in cash deal
Pattern89, founded by R.J. Talyor and launched under the wing of Indianapolis-based venture studio High Alpha, is one of three acquisitions that publicly traded Shutterstock announced Tuesday for a total of $35 million.
State’s daily COVID cases surge to 1,085, with 15 more deaths
| IBJ Staff and Associated Press
As most COVID stats continued to trend higher, hospitalizations rose to 735 on Monday—the highest level since May 28, when 746 people were hospitalized in Indiana due to the virus.
$9.3M installation of LED lighting on existing Indy streetlights nearly complete
Five years after Indianapolis’ 25-year streetlight moratorium ended, a city collaboration with AES Indiana has resulted in nearly all existing lighting being replaced with LED bulbs and 1,600 new streetlights being installed, the city announced Monday.
After 27 years in Nora strip centers, salon invests $3.3M in new standalone location
To stay in the Nora neighborhood, DL Lowry Salon is taking over the former home of the Indiana Lions eye and tissue transplant bank, which has moved to Carmel.
‘A tipping point’: Government officials, health groups move to require coronavirus vaccines for workers
The Department of Veterans Affairs announced Monday it would mandate coronavirus vaccines for its front-line workers, signaling what some experts believe could be a national pivot to such requirements.
FDA asks Pfizer, Moderna to test vaccines in more children to help rule out safety issues
A federal official predicted that authorization of a coronavirus vaccine for children 5 through 11 might come by late October or early November.
Infrastructure talks in political jeopardy as infighting spills into the open
For weeks, the 10 Republicans and Democrats hashing out a roughly $1 trillion package to revitalize the nation’s roads, bridges, pipes, ports and internet connections have insisted that the group was close to finalizing a deal with the White House.
Big Ten could rotate football championship after 11 years in Indy
League Commissioner Kevin Warren said last week that the Big Ten expects to open hosting duties up to other cities and venues within the conference footprint.
COVID hospitalizations in Indiana continue to climb
The Indiana State Department of Health on Monday said statewide hospitalizations due to COVID-19 have risen to their highest level in nearly two months.
Grocery store, other retail likely to come to IU Health’s expanded Methodist Hospital campus
Indiana University Health plans to turn its massive, expanded campus near Methodist Hospital into a destination site and service area for the neighborhood.
Rokita asks Supreme Court to stop proceedings in Holcomb lawsuit against General Assembly
Gov. Eric Holcomb has argued in his lawsuit that only he has the authority to call for a special legislative session. But Attorney General Todd Rokita says Holcomb can’t proceed with the lawsuit without his consent.
Fraud trial begins for five former directors, employees at Westfield financial firm
The five defendants in the trial include the two co-founders of now-defunct financial services firm Banc-Serv, plus three former employees.
State creates trail system for culinary hotspots with digital ‘passport’
Participants can receive rewards for visiting hundreds of food and drink establishments across the state, as well as deals and discounts from the venues.
Crane steps down as head of state’s Department of Administration
Lesley Crane is expected to join the private sector, ending a 14-year career in public service. Her work included serving as former Indiana House Speaker Brian Bosma’s chief of staff for five years.
UPDATE: Positive COVID test keeps Colts coach out for start of camp
Indianapolis has reportedly had one of the lowest vaccination rates among NFL teams, but officials say more than 60% of its players now have received at least one vaccination shot.
Seven months later, Holcomb to hold inaugural gala
The “boots and black tie” inaugural ball will take place Aug. 21 at the JW Marriott in Indianapolis.
U.S. attorney picks for Indiana include historic firsts, son of gubernatorial candidate
| Associated Press and IBJ Staff
President Biden’s nominees include Zachary Myers, who specializes in national security and cyber matters as a federal prosecutor and who the White House says would be the first Black U.S. attorney in the Southern District of Indiana.
IBJ Podcast: Downtown hotel projects pipeline largely intact despite pandemic
Host Mason King chats with IBJ real estate reporter Mickey Shuey about the state of the hotel industry in Indy and which projects are completed, underway and on hold.
Senators race to overcome snag over mass transit in infrastructure deal
As discussions continued through the weekend, Ohio Sen. Rob Portman said both sides were “about 90% of the way there” on an agreement.