Clothing retailer Express leaving Circle Centre after 25-year run
The struggling national fashion retailer—an original tenant in the downtown mall—has four other stores in the Indianapolis area.
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New White House offer adds $600 checks to COVID-19 relief package
The $916 billion offer, the separate ongoing talks among key rank-and-file senators, and the shifting demands by the White House all add up to muddled, confusing prospects for a long-delayed COVID-19 aid package.
Pandemic tames health care cost growth for some employers
Large U.S. employers saw their smallest health care cost increase in more than two decades due to the COVID-19 pandemic, and workers might benefit from that next year, according to the consulting firm Mercer.
Emmert says NCAA must stay open to reform
In a 25-minute interview, NCAA President Mark Emmert said the NCAA and its member schools have shown an uncommon ability to be nimble and responsive in addressing issues of eligibility, scheduling, recruiting, transfers and conducting championship events.
High court takes on Fannie Mae, Freddie Mac presidential power case
The case could mean undoing an agreement between the mortgage giants and the government that has sent about $246 billion in their profits to the Treasury. That was compensation for the taxpayer bailout they received after the 2007 housing market crash.
Charities, let IBJ’s Wish List know what you need most
The list publicizes goods and services needed by not-for-profits in the Indianapolis area, in the hope that a business or individual donor will come forward.
Carmel to force controversial tavern on Monon Trail to close by 2 p.m. daily
The move comes after months of complaints about noise and public indecency at and around the tavern, which is located in the former Bub’s Cafe near a residential area.
COVID-19 aid in balance as Congress buys time for talks
Lawmakers are struggling to figure out how to deliver long-delayed pandemic relief, including additional help for hard-hit businesses, further unemployment benefits, funding to distribute COVID-19 vaccines and funding demanded by Democrats for state and local governments.
INDOT awards $101M in local road funding grants
The funding is part of the Community Crossings grant program, which provides matching state dollars for local road and bridge construction projects. Interstate or state highway projects are not eligible for funding.
Longtime Carmel-based Allegion executive shifting to new role
Allegion executive Tim Eckersley, who has led the company’s Americas division since 2013, will shift to lead the company’s operations in other parts of the world.
Indiana reports another 124 COVID-19 deaths, 5,457 cases
Statewide hospitalizations due to COVID-19 rose from 3,214 on Sunday to 3,250 on Monday, the second straight day of increases after five days of declines.
Another judge blocks Trump’s TikTok ban; app still in limbo
The Trump administration has alleged that TikTok is a security threat because the Chinese government could spy on app users’ personal data.
U.S. productivity increased at 4.6% rate in third quarter
Economists cautioned that the swings in productivity this year have been unusually large and are distorting the underlying trend in productivity.
Studies suggest AstraZeneca COVID-19 vaccine safe, effective
New results on a possible COVID-19 vaccine from Oxford University and AstraZeneca suggest it is safe and about 70% effective, but questions remain about how well it may help protect those over 55.
U.S. regulators post positive review of Pfizer vaccine data
The positive review from the Food and Drug Administration sets the stage for a decision allowing the vaccine’s initial use in the United States within days.
Major downtown office users reevaluating space needs, but pandemic’s impact still hard to gauge
Big tenants such as Rolls-Royce and Salesforce say they’re reevaluating their space needs as most of their local employees work remotely. Real estate experts say they’re unlikely to make decisions until after the pandemic subsides.
Venture studio High Alpha launches ninth company this year
High Alpha’s latest portfolio company, Trava, makes and markets an automated risk-management and cyber-insurance software platform designed for small- and mid-sized businesses.
Carmel council OKs public urination, defecation fines after complaints over new bar
The Carmel City Council’s action on Monday preceded a potential new noise ordinance and rezoning of The GOAT’s property that might further address the issues.
Pfizer tells U.S. officials it cannot supply additional vaccine until late June or July
Trump administration officials denied that there would be availability issues in the second quarter, citing other vaccines in the pipeline, but others said problems are possible.
Virus relief talks drag on liability as Congress preps stopgap aid
Disagreements flared Monday over one key provision of a federal pandemic relief package—a proposed liability shield from COVID-19-related lawsuits for businesses, schools and organizations that reopen.