Calumet Specialty Products posts annual loss for 7th straight year
The Indianapolis-based company, which makes specialty petroleum products, last posted an annual profit in 2013. Calumet’s cumulative annual losses since then total $931.7 million.
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It’s still too early to declare ‘mission accomplished’ on pandemic, Indiana officials say
More than 1.03 million Hoosiers—or about 15% of the state’s population of about 6.7 million—have received at least one dose of a COVID-19 vaccine, but it could take weeks or months to immunize the entire state, health officials say.
Schellinger steps down as Holcomb’s secretary of commerce
In a memo to the Indiana Economic Development Corp. board of directors, Schellinger said he is leaving state government “with the deepest sense of gratitude and joyful satisfaction in my heart.”
Hoosiers get green flag for vaccines at Indianapolis Motor Speedway
For three days starting Friday, the state will operate a drive-through vaccination clinic at the Indianapolis Motor Speedway, where thousands of eligible Hoosiers will be able to get a shot without leaving their car.
Biden limits eligibility for relief payments under pressure from moderate Senate Democrats
Under the new structure, the checks would phase out faster for those at higher income levels, compared to the way the direct payments were structured in President Biden’s initial proposal and the version of the bill passed by the House on Saturday.
Fed survey finds modest gains in the U.S. economy in February
Reports on consumer spending and auto sales were mixed, while overall manufacturing showed moderate gains despite supply-side constraints, according to the Fed survey.
Georgia Street to close to vehicles during Big Ten, NCAA tournaments
The closure will be used by the Indianapolis Cultural Trail and the NCAA for various activities throughout the NCAA tournament.
Hoosiers 50-54 now eligible for COVID-19 vaccines
The decision comes one day after the state opened up vaccinations to the 55-59 age group.
Brew Link brewpub set to open in downtown Indianapolis
Brew Link, which is owned by three Hendricks County couples, opened its first location in Plainfield in 2016. The Indianapolis location is slated for a mid-March opening.
Carmel council OKs $60M in road bonds, continues questioning $65M for other projects
Some councilors have concerns about what the bonds would be spent on—including public art—while others worry the city’s plans to acquire more properties would harm small businesses.
Indiana’s daily COVID-19 death count lowest since Jan. 31
Statewide hospitalizations due to COVID-19 dropped from 765 on Monday to 731 on Tuesday, the lowest number since Sept. 12.
Walmart to invest $350 billion in U.S. manufacturing
The world’s largest retailer said it plans to invest $350 billion in products made, grown or assembled in the United States over the next 10 years, a move it says will help create 750,000 jobs.
More than 200,000 sign up for ACA health plan during extended period
The additional signups came during the first two weeks of an extended enrollment period ordered by President Joe Biden to help more people find insurance amid the economic ripple effects caused by the coronavirus pandemic.
Pavilion, Hinkle Fieldhouse to host ancillary events on Final Four weekend
The State Farm College Slam Dunk & 3-Point Championships will be held at Hinkle Fieldhouse, along with a historic black colleges and universities all-star game.
Google vows no new user tracking in Chrome ad data changes
The digital giant has been working on proposals to remove from Chrome so-called third party cookies, which are snippets of code used by a website’s advertisers to record browsing history in order to show users personalized ads.
Study: Pandemic puts 1 in 3 not-for-profits in financial jeopardy
Among the most vulnerable not-for-profits, the study said, are those involved in arts and entertainment, which depend on ticket sales for most of their revenue, cannot significantly their reduce expenses and don’t typically hold much cash.
INDOT adds March Madness, Hoosier Hoops Highway signs go up on interstates
Games will be played throughout Indiana beginning Wednesday in Evansville, Indianapolis, Bloomington and West Lafayette.
Bed Bath & Beyond to go with something new to revive sales
The chain will begin selling eight new store brands this year. The new brands were announced Wednesday by CEO Mark Tritton, who was hired in late 2019 from Target, where he did much the same thing as chief merchandising officer.
Jeffrey Patchen: Sports legends make Indiana the cradle of basketball
It is a national passion that has been churning away across the country and is now culminating in the heartland—in a place where legends have pounded the hardwood, beat the buzzer and lovingly watched the ball kiss the ropes as it sliced through the net.
Zachary Finn: Indianapolis can restore March Madness and reopen the world
Not everyone is willing to do the right thing against their own self-interest. Fewer still are courageous enough to be the first to make such a sacrifice. So it’s only fair that the NCAA tournament comes to our city, in its entirety, so we can lead the charge to open the world back up again.