U.S. budget deficit jumps to record $1.7 trillion
The deficit has been driven higher by trillions of dollars in support Congress has passed in successive economic rescue packages since the pandemic struck in early March 2020.
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Microsoft buying speech recognition firm Nuance in $16B deal
The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools.
U.S. colleges divided over requiring student vaccinations
U.S. colleges hoping for a return to normalcy next fall are weighing how far they should go in urging students to get the COVID-19 vaccine, including whether they should—or legally can—require it.
IU medical school to move, expand Family Medicine Center as part of campus consolidation
The center, which is home to one of the medical school’s largest programs, will move from its current location at Senate Avenue and 15th Street to the IUPUI campus.
White House gives Indiana C- in state-by-state infrastructure report
The Biden White House is amplifying the push for its $2.3 trillion infrastructure package with the release of state-by-state breakdowns that show the dire shape of roads, bridges, the power grid and housing affordability.
Indiana reports 908 new COVID-19 cases, rise in hospitalizations
The state said more than 1.41 million Hoosiers had been fully vaccinated against COVID-19 as of Monday. More than 1.97 million had received the first dose of a two-dose vaccination.
Supply of available Indy-area homes plummets in March while sale prices rise
With the dramatic decrease in available listings, the median price for homes sold in the 16-county area in March rose 8.4%, to $226,500, compared with $208,865 in March 2020.
Cummins among companies at White House chips-shortage summit
President Joe Biden’s top economic and national security advisers are hosting more than a dozen CEOs on Monday to discuss the administration’s $2.25 trillion infrastructure plan and the global semiconductor shortage, according to a White House official.
Steak n Shake’s lenders say restaurant chain still owes millions
The Indianapolis-based company has declared itself debt-free, but the lenders say they’re owed more than $8.5 million.
IBJ Podcast: A pediatrician on kids, COVID, variants and vaccines
Thousands of Hoosier adults are receiving COVID vaccines every day in Indiana. But none of the shots are available to kids younger than 16.
Duke Energy division planning $180M Indiana solar farm
The project, which would be on built on leased land and span 1,500 acres, including 896 acres in Vigo County and 604 acres in Sullivan County. It would be located on a reclaimed coal strip mine currently being used for crops.
More than 100 execs hold call to discuss halting donations, investments to fight voting bills
Leaders from dozens of companies including Delta, American, United, Starbucks, Target, LinkedIn, Levi Strauss and Boston Consulting Group, along with Atlanta Falcons team owner Arthur Blank, were included on the call, according to people who listened.
Fed’s Powell sees U.S. boom ahead, with COVID still a risk
Federal Reserve Chairman Jerome Powell said that he doesn’t expect to raise the Fed’s benchmark interest rate, currently pegged at nearly zero, this year.
Indiana COVID-19 counts rise by 1,198 cases, 10 deaths
The state said more than 1.4 million Hoosiers had been fully vaccinated against COVID-19 as of Sunday. More than 1.97 million had received the first dose of a two-dose vaccination.
Indiana lawmakers planning on return for redistricting votes
Legislative leaders are laying the groundwork for a return by all 150 lawmakers to Indianapolis months from now to approve new congressional and General Assembly districts based on data from last year’s census.
Indiana COVID-19 hospitalizations hit highest mark since February
The Indiana State Department of Health on Saturday reported 1,380 new COVID-19 cases, the fourth day in a row with more than 1,200 reported cases.
Letter: Rapid transit in Indy is waste of money
For the prices we pay for rapid transit in Indianapolis, it never seems to last very long.
Gov. Holcomb vetoes bill curtailing his emergency powers
Holcomb’s fellow Republicans pushed the bill after months of criticism from some conservatives over COVID-19 restrictions the governor imposed by executive order during the statewide public health emergency over the past year.
Public companies using SEC filings to talk up diversity, but few sharing data
Eli Lilly and Co. included in its proxy statement an intricate graphic breaking down the presence of women and minorities in its overall workforce and in management.
Proposed new Indiana vaping products tax blasted as ‘measly’
The president of the state’s largest business organization says the Senate’s proposed tax amounts to “a measly one-tenth” of the state’s cigarette tax and is “arguably worse than no increase at all.”