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Roundup: Monterey Coastal Cuisine to open next month in Carmel’s Sophia Square building
Former homebuilder Paul Estridge Jr. is opening a new seafood-forward restaurant called Monterey Coastal Cuisine next month. Also, three new businesses are slated to open in Carmel City Center this summer.
High Alpha Capital launches $110 million venture fund
The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.
Milktooth chef Brooks apologizes for controversial online post referring to anti-semitic myth
High-profile local chef Jonathan Brooks, who is Jewish, said the Instagram post that prompted a social media backlash was meant as a joke. But local leaders of the Jewish community say referring to the anti-semitic trope of blood libel is potentially dangerous and never proper.
Nursing home residents can get hugs again, feds say
The government guidance comes as coronavirus cases and deaths among nursing home residents have plummeted in recent weeks at the same time that vaccination accelerated.
Coronavirus relief bill includes $7.2 billion to target ‘homework gap’
The funding will allow elementary schools, high schools and libraries to purchase Wi-Fi hotspots, modems and routers for students, and also fund the Internet service that those devices use.
Restaurants are big beneficiaries of COVID-19 relief package
The pandemic relief package approved by Congress on Wednesday calls for grants equal to the amount of restaurants’ revenue losses, up to a maximum of $10 million per company and $5 million per location.
Indianapolis, Marion County expected to get $424M from latest relief bill
The funding is part of an overall $1.9 trillion bill that could send as much as $5.87 billion to the state, including roughly $237 million to Indianapolis and another $187 million to Marion County.
U.S. budget deficit hits record $1.05 trillion after 5 months
The Treasury Department reported Wednesday that the October through February deficit was 68% larger than the $624.5 billion deficit recorded during the same period last year.
Congress OKs $1.9T pandemic relief bill along party lines
Most noticeable to many Americans are provisions providing up to $1,400 direct payments this year to most adults and extending $300 weekly emergency unemployment benefits into early September. But the legislation goes far beyond that.
Indiana teachers to be eligible for COVID-19 vaccines from state on Monday
Indiana Gov. Holcomb said the eligibility list was being opened to educators and staff earlier than expected at the direction of the federal government.
Both Disney Stores in Indiana among those chosen for closure
The company on Wednesday disclosed about 40 of the 60 stores that will cease operations. Among them is a store in Indianapolis.
School boards push back against Indiana voucher expansions
At least 65 public school boards have passed formal resolutions against the proposed legislation through a campaign organized by the Indiana School Boards Association.
Consumer prices increase 0.4%, but core prices moderate
Consumer prices are up 1.7% over the past year, a still moderate performance for inflation, which is running below the Federal Reserve’s 2% target for price increases.
State COVID-19 numbers rise by 863 cases, 16 deaths
The state said more than 744,000 Hoosiers had been fully vaccinated against COVID-19 as of Wednesday at 5 a.m. More than 1.17 million had received the first dose of a vaccination.