Biden to propose free preschool for 5 million children
Funding the initiative would be a tax increase on the rich, most notably a near doubling of the capital gains tax rate on incomes above $1 million, to 39.6%.
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U.S. farmers finally see better outlook after two odd years
It’s hard to overstate how bizarre the past two seasons have been for farmers, who for the previous six years had repeatedly produced near-record harvests but saw little profit because prices were so low.
DoorDash offers lower-priced delivery plans amid criticism
Even before the pandemic, DoorDash, Grubhub and other delivery companies had a rocky relationship with restaurants, who criticized their high fees, lack of transparency and sometimes spotty service. That relationship was further tested by the pandemic.
U.S. releases $8B in push to modernize nation’s electric grid
The president wants the nation to produce 100% clean energy by 2035. But that goal faces massive hurdles. Those include an electric grid that needs enormous expansion to carry electricity from renewable energy sources to densely populated regions.
UPDATE: Indiana’s GOP family feud widens as AG enters fracas over governor’s powers
Gov. Eric Holcomb on Tuesday filed a lawsuit against the Indiana General Assembly and legislative leaders of his own party, challenging the constitutionality of a new law that weakens his emergency powers and was enacted by fellow Republicans over the governor’s veto.
Real ID requirement for air travel delayed amid lag at motor vehicle branches
U.S. air travelers will be required to present the Real ID credential to board a domestic flight beginning May 3, 2023. Implementation was scheduled to take effect in October.
Carmel zoning board closes The GOAT by denying owner’s request
The Carmel Board of Zoning Appeals on Monday denied the request that would’ve allowed for the continued operation of the tavern in a primarily residential neighborhood.
Indiana governor vetoes bill requiring ethanol warning label
Indiana Gov. Eric Holcomb said he found the “additional layer of government unnecessary and confusing.”
Statewide COVID-19 hospitalizations up 37% since beginning of month
The state said more than 1.76 million Hoosiers had been fully vaccinated against COVID-19 as of Tuesday. More than 2.3 million had received the first dose of a two-dose vaccination.
Fishers-based software firm Emplify acquired for $50 million
San Francisco-based human resources software company 15Five Inc. said the acquisition of Emplify further boosts its employee-engagement and manager-enablement software platform.
Indy-based Jobvite combined with two other recruiting software firms to form new company
The new firm will maintain the brands of the three companies—Jobvite, JazzHR and NXTThing RPO—as well as operations in their respective communities, the company said.
Real Estate Weekly: News notes, 04/27/21
These news notes appeared in IBJ’s Real Estate Weekly on April 27, 2021.real estate
Onyx+East plans $12.5M project with 37 homes on north side of Fountain Square
The property is currently occupied by a former church building that was most recently used by New Birth Ministries. The structure will be razed as part of the project.
Lilly shares fall in pre-market trading after drugmaker’s profit dips
Shares of Eli Lilly and Co. dropped as much as 5% Tuesday morning after the Indianapolis-based drugmaker lowered guidance for full-year earnings.
Quiet extension of Indiana legislative session until Nov. 15 draws legal, political scrutiny
Current and former state legislators and a former Indiana Supreme Court justice are raising concerns that a measure to extend rather than adjourn the 2021 legislative session blurs the separation of powers and could have “dangerous” implications for the future.
Census shows Indiana grows nearly 5%, retains all nine U.S. House seats
Indiana lawmakers face the once-a-decade task of drawing new districts for congressional seats, along with the 100 Indiana House and 50 state Senate districts, based on population shifts.
U.S. marks slowest population growth since Great Depression
The population figures, known as the apportionment count, determine distribution of $1.5 trillion in federal spending each year. They also mark the official beginning of once-a-decade redistricting battles.
Student’s Snapchat profanity leads to high court speech case
The topic is especially meaningful in a time of remote learning because of the coronavirus pandemic and a rising awareness of the pernicious effects of online bullying.
U.S. to share 60M AstraZeneca shots with world after safety check
The AstraZeneca vaccine is widely in use around the world but has not yet been authorized by the U.S. Food and Drug Administration.