Auto dealer financing firm in Carmel gets fast start
A veteran of a specialty auto-industry sector called floor-plan financing has launched a lending company that promises independent car dealers funding wherever they buy vehicles.
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Greenwood-based service firm builds its own workforce
Peterman Heating, Cooling and Plumbing Inc. is tackling the challenge of a shortage in skilled workers through an innovative new in-house training program.
Lilly Endowment pledges $905,000 for downtown’s NCAA beautification effort
The Indiana Sports Corp. on Friday said it has received the grant to support ongoing beautification and programming efforts in downtown Indianapolis leading up to the NCAA Men’s Basketball Tournament in March.
New restaurant, Block Bistro and Grill, opening downtown
Local restaurateur Terry Anthony said his goal is lure people back downtown and attract repeat customers. The Block opens Sunday in the historic Block Building.
Indiana reports another 1,529 COVID-19 cases, 49 deaths
Statewide hospitalizations due to COVID-19 fell from 1,541 on Wednesday to 1,446 on Thursday, the lowest number since Oct. 20.
Biden, House Democrats put $1.9T relief plan on fast track
The Senate early Friday approved a measure that would let Democrats muscle the relief plan through the chamber without Republican support. Vice President Kamala Harris was in the chair to cast the tie-breaking vote, her first.
Meteorologist Ollis leaving early mornings after 36 years, but staying with WISH-TV
As he winds toward retirement, meteorologist Randy Ollis won’t be delivering a weather forecast first thing every morning like he has done on WISH-TV Channel 8 since 1984.
U.S. employers add just 49K jobs as unemployment falls to 6.3%
The January figures from the Labor Department reflect a faltering job market, slowed by a pandemic that is still causing consumers to avoid traveling, shopping, dining out, attending entertainment venues and engaging in other forms of face-to-face contact.
Senate committee approves bill to take away zoning control from Indianapolis
Senate Bill 392, authored by Republican Sen. Mike Young of Indianapolis, would give each township in Marion County—except for Center Township—its own board of zoning appeals. Speedway, Lawrence, Beech Grove and Southport would also have zoning boards.
Whitestown unveils plans for $135M junkyard redevelopment project
Milhaus and Homefield are partnering to redevelop roughly 100 acres with a fieldhouse, water park, hotel, apartments, offices, commercial space and more. Whitestown officials might consider a new food and beverage tax to help fund the massive project.
City, groups launch beautification effort to prepare for March Madness
Local officials are scheduling neighborhood cleanups, public art initiatives and a slew of other efforts to help the city put its best foot forward when March Madness takes over downtown next month.
Sitting on billions, Catholic dioceses amassed taxpayer aid
Overall, the nation’s nearly 200 dioceses and other Catholic institutions received at least $3 billion. That makes the Roman Catholic Church perhaps the biggest beneficiary of the Paycheck Protection Program
J&J asks U.S. regulators to OK its one-shot COVID-19 vaccine
J&J’s vaccine was safe and offered strong protection against moderate to severe COVID-19, according to preliminary results from a massive international study.
Laikin’s second SPAC IPO has strong trading debut
Novus Capital Corp. II raised $250 million, capital it plans to plow into the purchase of a company or companies in the “smart technology innovations” market.
Indiana lawmakers propose using cigarette tax for Medicaid
A House committee made significant changes Thursday to the way Indiana would spend proceeds from a proposal to hike the state’s cigarette tax for the first time in more than a decade and impose a new state tax on vaping liquids.
Solid company earnings send stock indexes higher
The S&P 500 rose 1.1%, to a record high. A measure of small-company stocks rose twice as much, a bullish signal that investors are feeling more optimistic about the economy.
Latest bill would bar NCAA limits on athlete image rights
U.S. Sen. Chris Murphy (D-New York) introduced a bill Thursday that would guarantee college athletes the right to earn money from endorsements and sponsorship deals while barring the NCAA, schools and conferences from imposing restrictions.
Old Town pitches expanded Union Square, new townhouse project in Westfield’s downtown
Carmel-based Old Town Cos. is planning $80 million of residential and commercial development in Westfield’s downtown surrounding the city’s forthcoming Grand Junction Plaza. Updated plans include doubling Union Square and adding new townhouses.
Pandemic claims Broad Ripple Art Fair for second straight year
The Broad Ripple Art Fair is a major annual fundraiser for the Indianapolis Art Center, which estimated it lost $350,000, about 10% of its annual income, from the cancellation of 2020 event.
What we’re loving: A brass bar cart from Two Chicks District Co.
This Art Deco-inspired two-tiered brass cart features a mango wooden top and a built-in ice bucket.
