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Benefits firm First Person Advisors acquired by leading insurance broker

May 4, 2021 | John Russell

First Person, founded in 1997 by Bryan Brenner, is expected to keep operations in Indianapolis. Under the deal, New York-based NFP Corp. will keep all 55 First Person employees.

FDA expected to OK Pfizer vaccine for teens within week

May 4, 2021 | Associated Press

Officials hope that extending vaccinations to teens will further accelerate the nation’s reduced virus caseload and allow schools to reopen with minimal disruptions this fall.

Carmel City Council OKs $25 million bond with minor modifications

May 4, 2021 | Kurt Christian

The Carmel City Council approved the issuance of $25 million in tax increment financing bonds Monday after holding eleven public meetings to discuss and evaluate the city administration’s request.

rop-carmel-budget-optional-jump-121415-2col.jpg

Developers seek financing help for $96M in Carmel residential projects

May 4, 2021 | Kurt Christian

The developer behind the Proscenium development in Carmel is expanding the project across the street, and an Indianapolis-based developer is planning to dive into the Carmel market with a $78 million project.

Apple, Epic Games face off in court over app store

May 3, 2021 | Associated Press

Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape.

Biden quadruples Trump refugee cap after delay backlash

May 3, 2021 | Associated Press

Refugee resettlement agencies have waited for Biden to quadruple the number of refugees allowed into the United States this year since Feb. 12, when a presidential proposal was submitted to Congress saying he planned to do so.

Rental companies buy up used cars as chip crisis deepens

May 3, 2021 | Bloomberg News

The demand is sending used-car costs soaring. The Manheim Index, which measures prices at wholesale auctions, shows that they’re 52% higher than they were a year ago.

Powell sees need to help most vulnerable in uneven recovery

May 3, 2021 | Associated Press

Federal Reserve Chairman Jerome Powell said that labor force participation had declined 4 percentage points for Black and Hispanic women compared to 1 percentage point for white women and about 2 percentage points for all men.

After a tough year, IU Health reports operating income up 148% in first quarter

May 3, 2021 | John Russell

The report seems to indicate that the worst of the COVID-19 crisis is over for the state’s largest hospital system, as surgeries and hospital admissions are climbing, and emergency visits are falling. However. the evolving nature of the pandemic makes the future hard to predict.

Google signs deal with WNBA to help champion women’s sports

May 3, 2021 | Associated Press

Twenty-five WNBA games will be televised on ABC and ESPN in celebration of the league’s 25th season, with Google as the presenting sponsor.

Music livestreaming startup Mandolin plans to hire up to 100

May 3, 2021 | Anthony Schoettle

Launched last June, Mandolin Software Inc. announced In October it had raised $5 million in seed round capital to fund growth.

EPA to propose phasing down hydrocarbons by 2036

May 3, 2021 | The Washington Post

Widely used in refrigeration as well as residential and commercial air conditioning and heat pumps, HFCs were developed as a substitute for chemicals that depleted the Earth’s protective ozone layer.

Bobby Unser, 3-time Indianapolis 500 winner, dies at 87

May 3, 2021 | Associated Press

Unser was one of just 10 drivers to win the 500 at least three times, and he and Rick Mears were the only drivers to win the 500 in three different decades.

Indiana reports 812 new COVID-19 cases, rise in hospitalizations

May 3, 2021 | IBJ Staff

The state said more than 1.94 million Hoosiers had been fully vaccinated against COVID-19 as of Monday. More than 2.36 million had received the first dose of a two-dose vaccination.

Growth in U.S. manufacturing slowed in April from March high

May 3, 2021 | Associated Press

April was the 11th consecutive month manufacturing has grown after contracting in April 2020, when the country was struggling to deal with the shutdowns caused by a global pandemic.

US sets pandemic-era high for air travel, more than 1.6 million

May 3, 2021 | Associated Press

The passenger count was still 35% below the number of airport travelers reported on the comparable Sunday in 2019, according to TSA figures.

Spartz announces she will seek re-election in 5th District

May 3, 2021 | IBJ Staff

U.S. Rep. Victoria Spartz, a Republican, made her announcement just six months after being elected and less than a month after the Democratic Congressional Committee declared it will target her seat in 2022.

Indy software company plans to add 355 jobs

May 3, 2021 | IBJ Staff

Kennected announced Monday it plans to invest more than $2 million in its expanding operations with the release of an integrated suite of business lead generation software known as K-Suite.

IBJ Podcast: Patio and yard goods are still hot—and some are in short supply

May 3, 2021 | Associated Press and IBJ Staff

Host Mason King talks with two retailers—Scott Horvath, owner of O’Malia’s Living, and Pat Sullivan, who owns owner of three Sullivan’s Hardware & Garden stores plus Allisonville Home & Garden by Sullivan—about what customers want and why the supply chain is struggling to keep up.

Employers, insurers push to make virtual visits regular care

May 2, 2021 | Associated Press

Make telemedicine your first choice for most doctor visits. That’s the message some U.S. employers and insurers are sending with a new wave of care options.

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