Staples seeks to buy Office Depot parent in $2.1 billion deal
Staples previously tried to buy Office Depot, but the $6.3 billion acquisition was called off in 2016 amid antitrust scrutiny.
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Lilly shares surge after its potential Alzheimer’s drug slows cognitive decline
The experimental drug, donanemab, could be a huge breakthrough for Lilly, which has spent billions of dollars over 30 years researching treatments for Alzheimer’s disease, only to see them fall short in clinical trials.
Broad Ripple institution Johnny’s Market closes for good
The owner of the 45-year-old mainstay recently informed its landlord that it didn’t want to renew its lease, which expired in December.
IBJ Podcast: What must Indy do to be ready to host all of March Madness?
The logistics needed to pull off the entire NCAA tournament are incredible. But Indianapolis officials tell IBJ reporter Mickey Shuey they are up to the task. So podcast host Mason King talks with Shuey about what he’s learned and what’s left to figure out.
NCAA tournament could give city ‘moment’ on par with Pan Am Games, Super Bowl
Hosting the entire 68-team NCAA men’s basketball tournament is likely to be a landmark event for Indianapolis and another boon for the city’s hospitality efforts, industry observers say.
Pelosi says House will seek to impeach Trump, pushes VP to oust him
On Monday, House Speaker Nancy Pelosi’s leadership team will seek a vote on a resolution calling on Vice President Mike Pence and Cabinet officials to invoke the 25th Amendment, with a full House vote expected on Tuesday.
New law cracks down on shell companies to combat corruption
For the first time, shell companies will be required to provide the names of their owners or face stiff penalties and jail sentences. The information will be stored in a confidential database accessible to federal law enforcement and shared with banks.
WTHR reporter, anchor McCutcheon leaves for life sciences job
Matt McCutcheon, a reporter and anchor for WTHR-TV Channel 13 since 2013, says he has “retired” from the news industry and is taking a corporate communications gig.
Sluggish vaccine rollout confirms complaints from public health officials
States lament a lack of clarity on how many doses they will receive and when. They say federal assistance should have come much earlier and that more resources should have been devoted to education campaigns to ease concerns among people leery of getting the shots.
Indiana reports fewest COVID-19 deaths since late October
Statewide hospitalizations due to COVID-19 fell from 2,678 on Friday to 2,593 on Saturday, the third straight day of decreases.
After warning from feds, NCAA to delay vote on compensation rules
The NCAA is set to delay a potential landmark vote on legislation that would permit college athletes to be compensated for their fame after the association received a warning from the Department of Justice about potential antitrust violations.
Once again, job losses fall unequally across U.S. economy
The latest layoffs have been heavily concentrated in the industries that have suffered most because they involve face-to-face contact: Restaurants, bars and hotels, theaters, sports arenas and concert halls.
Rioters who stormed U.S. Capitol now face backlash at work
Some business owners are being trashed on social media and their establishments boycotted, while rank-and-file employees at other businesses have been fired.
New COVID-19 cases in Indiana top 6,000 for 4th straight day
Indiana has reported 542 new deaths from the virus over the past seven days, an average of 77 per day. That’s down from 595 deaths the previous week, a daily average of 85.
Pierre Atlas: Elected leaders incited insurrection and terrorism
Trump and his minions have “blood on their hands.”
Twitter bans Trump, citing ‘risk of further incitement of violence’
Twitter had been President Trump’s primary megaphone, the tool he tapped to push his policies, disperse falsehoods, savage his critics and speak to more than 88 million users almost every day.
Stock market shakes off a slump to reach more record highs
Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.
Pelosi, Democrats lay plans for swift Trump impeachment
Articles of impeachment are expected to be introduced on Monday, with a House vote as soon as Wednesday, according to two people familiar with the planning and granted anonymity to discuss it.
Study suggests Pfizer vaccine works against virus variant
The study was preliminary and did not look at the two other major vaccines being used in the West. But it was reassuring, given questions of whether the virus could mutate to defeat the shots on which the world has pinned its hopes.
Culver’s franchisee plans up to 10 more restaurants, new Noblesville HQ
Jeff Meyer is turning the former Boys & Girls Club at 1700 Conner St. into his company’s headquarters. And he plans to keep things rolling by opening another eight to 10 stores by the end of 2023.
