Arbor Homes buys Franklin-based land developer to expand capacity
The Indianapolis area’s most active home builder is bringing one of its frequent collaborators in-house to help develop more lots.
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Indiana’s daily COVID-19 report contains new highs for deaths, hospitalizations
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
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
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
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
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
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
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
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
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 sets Wednesday deadline for pandemic rental assistance applications
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
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
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
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
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
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.
Statewide pandemic numbers hit new heights in November
In every significant statistical category, November has been a record-setter for the COVID-19 pandemic in Indiana, with cases, deaths and hospitalizations far exceeding even the early months of the coronavirus outbreak.
Colts punter Sanchez to have surgery to remove cancerous tumor
Rigoberto Sanchez has handled kickoffs and punts for the Colts since 2017, when he set an NFL record for net punting average by a rookie.
Holiday air travel surges despite dire health warnings
Nearly 1.2 million people passed through U.S. airports Sunday, the greatest number since the pandemic gripped the country in March, despite pleas from health experts for Americans to stay home over Thanksgiving.
Indiana reports 5,713 new COVID-19 cases, rise in hospitalizations
Indiana reported another 38 deaths from COVID-19, the 34th time in 36 days that the daily report has included more than 25 deaths.