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Bombardier to end Learjet production, cut 1,600 jobs

February 11, 2021 | Associated Press

Canada’s Bombardier announced Thursday that it will stop production of the Learjet later this year to focus on more profitable planes. The iconic jet was among the first private luxury planes.

Autoworkers will face uncertain future in era of electric cars

February 11, 2021 | Associated Press

For workers at GM and other automakers, the future could be perilous. The more environmentally focused plants of the future will need significantly fewer workers, mainly because electric vehicles contain 30% to 40% fewer moving parts than petroleum-run vehicles.

Allegion hires new Carmel-based exec to lead Americas business

February 11, 2021 | Susan Orr

Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.

Health equipment biz Apria moves HQ to Indy, lists stock with IPO

February 11, 2021 | John Russell

Apria Inc., one of the nation’s largest providers of home health equipment and services, began listing shares Thursday morning on the Nasdaq exchange.

State lawmakers advance bill to allow curbside pickup of alcohol

February 11, 2021 | Lindsey Erdody

A wide-reaching alcohol policy bill would allow for curbside pickup of alcoholic beverages, plus carryout beverages at the new food hall at the Bottleworks development in downtown Indianapolis.

Letter: Lawmakers should back off heavy-handed limits on locals

February 11, 2021

A recent pattern of legislative proposals attacks local control in ways that would slow our economic recovery and risk long-term progress on public safety.

More than 60 execs sign letter urging lawmakers to resist ‘heavy-handed limits’ on Indianapolis government

February 11, 2021 | Lindsey Erdody

The letter—signed by leaders at Eli Lilly and Co., Elanco, OneAmerica, Anthem Inc., IU Health, Salesforce and Roche Diagnostics, among others—acknowledges that the city faces economic, housing and crime problems, but the executives say they believe local officials are the ones best equipped to tackle those challenges. 

Indiana reports another 1,762 COVID-19 cases, 26 more deaths

February 11, 2021 | IBJ Staff

The state said more than 279,900 Hoosiers had been fully vaccinated against COVID-19 as of Thursday at 5 a.m. More than 759,900 had received the first dose of a vaccination.

U.S. unemployment claims tick down slightly

February 11, 2021 | Associated Press

Thursday’s government report showed a sizable rise in the total number of Americans who are receiving jobless aid, including through extended benefit programs—a sign that long-term unemployment may be growing.

Zionsville data-analysis firm plans expansion, 37 new jobs

February 11, 2021 | IBJ Staff

Vertex Intelligence has helped institutions like the U.S. Department of Defense and companies like medical device quality management software company Greenlight Guru design, build and ship artificial intelligence products.

Roundup: Wolfies’ owners plan new Westfield concept; Paradise Shaved Ice opens in Fishers

February 11, 2021 | Kurt Christian

Nyla’s will offer steak, seafood, burgers and cocktails when it opens May 1 at 211 Park St. in Westfield.

Executive promotions give Cummins vice chairman, new president and COO

February 11, 2021 | IBJ Staff

Tony Satterthwaite, president and COO since October 2019, will move into the new position of vice chairman, while Jennifer Rumsey, president of the company’s Components business, will succeed Satterthwaite as president and COO.

Carmel-based CNO acquires employee benefits administrator for $50M

February 11, 2021 | Susan Orr

The benefits administrator, DirectPath LLC, offers a variety of technology-driven services for employees and employers.

Former Lilly CFO Smiley to lose millions of dollars under separation agreement

February 10, 2021 | John Russell

Josh Smiley, Lilly’s CFO since 2018, resigned from the company after the drugmaker said he had engaged in a improper personal relationship with an employee.

rop-lilly-083118-450bp.jpg

United: Small electric air taxis will zip people to airports

February 10, 2021 | Associated Press

United Airlines said Wednesday it will buy up to 200 small electric air taxis to help customers in urban areas get to the airport.

Biden backs off on TikTok ban in review of Trump China moves

February 10, 2021 | Associated Press

Separately, the Biden administration has “indefinitely” shelved a proposed U.S. takeover of TikTok, according to a Wall Street Journal report.

Indiana officials to widen vaccine eligibility, but don’t know exactly when

February 10, 2021 | John Russell

The state has not received a bump in its weekly allotment of 100,000 doses, and health officials are being cautious about when to open the gates to more people.

Dow hits another record in up-and-down day of trading

February 10, 2021 | Associated Press

Treasury yields fell after a government report showed that inflation remained tame last month. That’s encouraging for investors because it suggests the U.S. economy will be able to receive more stimulus without overheating.

February is National Bird-Feeding Month

February 10, 2021 | Jeff Rugg, Special to IBJ

Watching birds is good for you, and you don’t even need a note from the doctor to do it.

Decorating your home’s entry hall

February 10, 2021 | Joseph Pubillones, Special to IBJ

Decorating an entrance hall or foyer can be a great deal of fun. It can be the one space in your home that is a little over the top to suggest the overall tone of the decor of the home.

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