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Salesforce to buy work chat service Slack for $27.7 billion

December 1, 2020 | Associated Press

The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce, which located its Marketing Cloud division in Indianapolis after it acquired ExactTarget in 2013.

U.S. panel to decide who should get the first COVID-19 shots

December 1, 2020 | Associated Press

The Advisory Committee on Immunization Practices was scheduled to vote on a proposal that would give priority to health care workers and nursing home patients.

Barr: No evidence of fraud that would change election outcome

December 1, 2020 | Associated Press

U.S. Attorney General William Barr said Tuesday that attorneys and FBI agents have been working to follow up specific complaints and information they’ve received, but they’ve uncovered no evidence that would change the election.

Bipartisan group of senators prepares $908B stimulus plan

December 1, 2020 | The Washington Post

Several centrist lawmakers in the Senate held a news conference Tuesday morning to push their proposal as a template for legislation that could pass Congress as the economy faces increasing strain from a winter surge in coronavirus cases.

Arbor Homes buys Franklin-based land developer to expand capacity

December 1, 2020 | Mason King

The Indianapolis area’s most active home builder is bringing one of its frequent collaborators in-house to help develop more lots.

Indiana’s daily COVID-19 report contains new highs for deaths, hospitalizations

December 1, 2020 | IBJ Staff

November turned out to be a record-setter for the pandemic, with increases in cases, deaths and tested individuals setting monthly highs.

Indianapolis-based human resources business plans expansion

December 1, 2020 | IBJ Staff

FullStack Inc. on Tuesday said it plans to add up to 21 employees by the end of 2024. The state offered the company tax incentives based on those hiring plans.

Sephora to take over cosmetics areas in Kohl’s stores

December 1, 2020 | Associated Press

The deal appears to upend Sephora’s 14-year exclusive relationship with J.C. Penney, which filed for Chapter 11 bankruptcy protection in May.

Owners of downtown towers plan $55M renovation, request $10M tax break

December 1, 2020 | Mickey Shuey

The Gold Building’s exterior overhaul is expected to completely replace the iconic gold panels with “crystal gray” panels from the third floor through the 20th.

Study: Students falling behind in math during pandemic

December 1, 2020 | Associated Press

Overall, NWEA’s fall assessments showed elementary and middle school students have fallen measurably behind in math, while most appear to be progressing at a normal pace in reading since schools were forced to abruptly close in March and work online.

European regulator could approve COVID-19 vaccine on Dec. 29

December 1, 2020 | Associated Press

European regulators could approve a coronavirus vaccine developed by drugmakers Pfizer and BioNTech within four weeks, the EU’s drug agency said Tuesday, a time frame that might mean the shot is rolled out first in the United States and Britain.

Nasdaq seeks mandatory rule on board diversity for listed companies

December 1, 2020 | Associated Press

The proposal filed with the U.S. Securities and Exchange Commission on Tuesday, if approved, would require all companies listed on the exchange to publicly disclose consistent, transparent diversity statistics about their board of directors.

$2.8M Lilly Endowment grant to help region catch eye of potential residents

December 1, 2020 | Greg Andrews

The Indy Chamber said the effort will create a digital first step for potential residents to “see themselves” in the Indianapolis region.

Pharmaceutical manufacturer seeks $6.5M tax abatement for Indianapolis plant

December 1, 2020 | Samm Quinn

A City-County Council committee on Monday advanced a proposed tax abatement for a pharmaceutical company that plans to spend $72 million to build a new facility near the Indianapolis International Airport.

City-County Building

City sets Wednesday deadline for pandemic rental assistance applications

December 1, 2020 | Samm Quinn

The program, which opened in July to help tenants avoid eviction during the pandemic, has provided more than $26 million in federal money to more than 12,000 households.

Fed leader Powell says pace of economic improvement has moderated

November 30, 2020 | Associated Press

In remarks released Monday, Federal Reserve Chairman Jerome Powell said that the increase in new COVID-19 cases both in the United States and abroad was “concerning and could prove challenging for the next few months.

Critics look to pressure GOP over Indiana redistricting

November 30, 2020 | Associated Press

The coalition of some 25 groups, including Common Cause Indiana, the NAACP and the League of Women Voters, said they hoped public pressure would force Republicans not to draw new voting districts behind closed doors.

Stocks slip, but S&P 500 still logs best month since April

November 30, 2020 | Associated Press

The turbocharger for the market’s move higher has been a huge dose of hope as pharmaceutical companies come closer to delivering vaccines to a world beaten down by the COVID-19 pandemic.

Report: Unemployment statistics during pandemic inflated by backlogs, fraud

November 30, 2020 | The Washington Post

The Government Accountability Office, the nonpartisan auditing agency that works for Congress, was unsparing about the problems with unemployment statistics, as part of a lengthy report that looked at the country’s response to the coronavirus.

Michigan nears launch of online sports betting, other games

November 30, 2020 | Associated Press

Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.

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