Lafayette Square Mall sold to local real estate firm
Indianapolis-based Perez Realty Group acquired the 113-acre retail property on Dec. 18 for a yet-undisclosed price.
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U.S. close on deal with Pfizer for millions more vaccine doses
Pfizer’s vaccine was the first to gain approval from the Food and Drug Administration and initial shipments went to states last week.
Trump calls for $2,000 stimulus checks, hints he might not sign $900B relief bill
In a video posted to Twitter, the president called the $600 checks authorized by the bill “ridiculously low” and complained about a list of provisions that he described as “wasteful spending and much more.”
HAND Inc. plans first affordable, for-rent neighborhood in Fishers
HAND Inc.’s planned Cumberland Cottages could bring 11 affordable, for rent homes to the southwest corner of 141st Street and Cumberland Road. The estimated $2.5 million needs a rezone and state funding to be built by the end of 2022.
Vaccines will be ‘scarce resource for a really long time,’ Indiana health officials say
Indiana received 55,000 doses of the Pfizer vaccine on Friday, and another 39,000 doses on Monday, which is a fraction of the state’s needs, officials say.
Justice Department sues Walmart, says it helped fuel opioid crisis
The lawsuit, filed Tuesday by the Justice Department, says the nation’s largest retailer did not properly screen prescriptions at its 5,000 pharmacies. The agency is seeking civil penalties that could total billions of dollars.
State has been reporting inaccurate COVID-19 positivity rate due to coding error
Indiana health officials have erred in reporting the state’s COVID-19 positivity rate since the beginning of the pandemic due to a problem with the way it was computed, resulting in a lower rate than would be accurate, officials said Tuesday.
Punch Bowl Social restaurant chain files for bankruptcy
The company, which opened a location in downtown Indianapolis in 2016, describes its business as being in a “mothballed period” and said that it anticipates reopening venues “once it is safe to do so.”
Fishers to limit bar, restaurant hours for 2 weeks beginning Dec. 25
The Fishers Health Department says that it specifically is trying to “curb New Year’s Eve gatherings” as the city deals with record numbers of COVID-19 cases.
Coronavirus relief legislation could end ‘surprise’ medical bills
Although lawmakers of both parties long agreed that the practice amounted to abusive billing, a lobbying war between doctors and insurers had thwarted a compromise.
State reports 143 more COVID-19 deaths, bringing total to 7,244
Meanwhile, statewide hospitalizations due to COVID-19 inched up to 3,064 on Monday from 2,967 on Sunday. The high mark was 3,460 set on Nov. 30.
Carmel council clears way for hotel, apartments at Clay Terrace
Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.
Self-storage firm enters Indy market by acquiring Fishers, Noblesville facilities
Missouri-based StorageMart has more than 200 facilities and has opened or acquired several locations during the pandemic. Industry watchers say the industry segment thrives on death, displacement, divorce and disaster.
Local sporting goods supplier paying $600K to settle discrimination allegations
The U.S. Department of Labor alleged that BSN Sports discriminated against thousands of people who applied for jobs at the company’s Indianapolis production facility. The firm’s settlement is not an admission of guilt.
Federal stimulus deal includes provisions to fight climate change
Congress has moved to phase out a class of potent planet-warming chemicals and provide billions of dollars for renewable energy and efforts to suck carbon from the atmosphere.
Congress sends $900B pandemic relief bill to Trump
The bill, approved late Monday by the U.S. House and Senate, will deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.
Fishers firm to redevelop part of 96th Street Marsh into new headquarters
Memory Ventures, a local media digitization company, is taking over the redevelopment of a former Marsh Supermarket in Fishers. The site previously slated for partial demolition will now be turned into the growing company’s new headquarters.
S&P 500 slumps on virus angst after European rout
A new variant of the coronavirus in the U.K. and a wave of lockdowns and travel restrictions damped global trading, but in the U.S. a stimulus deal kept bigger losses at bay.
IndyGo purchases former Celadon offices for $3M
The east-side site, at 9503 E. 33rd St., will serve as an additional location for IndyGo, which has outgrown its current West Washington Street headquarters.
Carmel council to weigh issuing $125 million in bonds for city projects
Council members Bruce Kimball, Kevin Rider and Jeff Worrell have co-sponsored Mayor Jim Brainard’s requests to finance a potential $40 million Carmel Police Department headquarters expansion, a $60 million series of road projects and $25 million for undefined redevelopment projects throughout the city.