Todd Young announces Senate reelection bid
Young, 48, had widely been expected to seek another term and made it official on Twitter on Tuesday morning, saying “more work remains” to be done.
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Indiana reports 582 new COVID-19 cases, 31 more deaths
The state said more than 587,000 Hoosiers had been fully vaccinated against COVID-19 as of Tuesday. More than 1 million had received the first dose of a vaccination.
Real Estate Weekly: News notes 03/02/21
These news notes appeared in IBJ’s Real Estate Weekly on March 2, 2021: —Store-within-a-store Sephora cosmetics shops are coming to two Indianapolis-area Kohl’s locations as part of a larger collaboration between the two retailers. The new concept, a 2,500-square-foot space branded as Sephora at Kohl’s, is launching at 200 Kohl’s stores this fall, including 4850 […]
Deaths from Alzheimer’s disease, other dementias jumped in 2020, report says
Preliminary reports from the Centers for Disease Control and Prevention indicate that there were at least 42,000 more deaths from Alzheimer’s and other dementias in 2020 compared with the average of the five years prior.
Fed dialing up pressure on Wall Street to ditch LIBOR
Banks have less than a year before the Fed has indicated it will stop allowing them to enter into new contracts pegged to LIBOR, a bedrock of the financial system being phased out by global policy makers.
Official: Merck to help produce rival J&J’s COVID-19 vaccine
The United States now expects to have enough supply of the three approved vaccines to inoculate all eligible American adults by June—although actually delivering the injections could take longer.
Chase to install solar panels on at least 17 area branches
The installations are happening at Chase branches across the United States, and each installation will provide 30% of that branch’s annual power needs, Chase spokeswoman Carlene Lule said.
Ambrose requests tax break for redevelopment of former Navistar site
The Indianapolis-based developer plans to break ground later this year on the building—its first at the 93-acre site that on the east side Ambrose has branded Indianapolis Central Logistics Park.
Vernon Jordan, civil rights activist, DePauw graduate, dies at 85
Jordan went to DePauw University in Indiana, where he was the only Black in his class and one of five at the college. Distinguishing himself through academics, oratory and athletics, he graduated in 1957 with a bachelor’s degree in political science.
Hoosiers 55-59 now eligible for COVID-19 vaccines; state rolls out 3 mass vaccination sites
The three mass vaccination clinics will be offering the Johnson & Johnson vaccine, which federal officials approved Saturday for emergency use.
Longtime local homebuilder Paul Estridge Jr. retiring
Estridge, 63, said a recent lung transplant, along with other factors, convinced him now was the right time to step away from his company after nearly 40 years in the business.
Digital marketing firm plans 224 jobs in Indy, just months after acquiring local startup SmarterHQ
Wunderkind Corp., a digital marketing company that was known as BounceX until last year, said it would co-locate its operations with SmarterHQ, which continues to maintain its own branding, at 9102 N. Meridian St.
By opting out of video game, Notre Dame calls attention to NIL issue
Notre Dame athletic director Jack Swarbrick said the school went public last week with its decision not to be included in EA Sports’ new college football video game to call attention to a major issue that has not been thoroughly addressed.
America’s jobless owe thousands of dollars in taxes on their unemployment
For tax purposes, weekly unemployment payments count as income just like wages from a job. But few people realize the money they get from the government is actually taxable.
Minimum wage hike all but dead in big COVID-19 relief bill
Democrats on Monday seemed to have exhausted their most realistic options for quickly salvaging the pay hike. In one decision, they abandoned a potential amendment threatening tax increases on big companies that don’t boost workers’ pay to certain levels.
Carmel Council to consider establishing formal investigations process
A council member’s investigation into the Hotel Carmichael’s cost overruns and a city employee’s complaint hit a roadblock, so she’s co-sponsoring two proposed ordinances intended to provide guidance related to the council’s investigatory powers.
S&P 500 has best day since June as stocks rally on Wall Street
The 2.4% jump in the benchmark index Monday followed back-to-back weekly losses and came as investors were relieved to see long-term interest rates easing lower in the bond market.
Artificial intelligence panel urges U.S. to boost tech skills amid China’s rise
Executives from Google, Microsoft, Oracle and Amazon are among the 15 members of the National Security Commission on Artificial Intelligence, which released its final report to Congress on Monday.
Battered by pandemic, IU Health sees annual operating income fall
Declines were seen almost across the board in patient service categories, including hospital admissions, surgeries, ER visits, radiological exams, due in part to a government order to shut down elective procedures for several months.
WHO: ‘Premature’ and ‘unrealistic’ to think pandemic will end soon
Dr. Michael Ryan, director of WHO’s emergencies program, said he was reassured by emerging data that vaccines appear to be helping curb the virus’ explosive spread, but he warned against complacency, saying nothing was guaranteed in an evolving epidemic.