Penguin to buy Simon & Schuster for $2.17B, create publishing giant
The purchase of Simon & Schuster would reduce the so-called Big Five of American publishing—which also includes HarperCollins, Hachette Book Group and Macmillan—to four.
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As economy struggles, Fed weighs boosting bond purchases
The Federal Reserve since June has been buying $120 billion in bonds each month to keep downward pressure on long-term interest rates as a way of giving the economy a boost as it struggles to emerge from a deep recession.
Pandemic exacerbates Salvation Army’s red kettle fundraising woes
This year could be tougher than ever, as already-existing hurdles, such as a decrease in foot traffic and steady decline in how many people carry cash, are exacerbated by COVID-19.
NBA All-Star Game in Indy canceled for 2021, but city gets honors for 2024
Plans for the All-Star Game and related festivities in February at Bankers Life Fieldhouse have been scrapped due to the COVID-10 epidemic.
Hogsett, wife in quarantine after potential COVID-19 contact
Indianapolis Mayor Joe Hogsett and his wife, Steph, had close contact with a person last weekend who subsequently tested positive for COVID-19, according to the mayor’s office.
COVID-19 hospitalizations, deaths continue to mount in Indiana
The Indiana State Department of Health on Wednesday reported 6,059 new COVID-19 cases, the 15th straight day that it has reported more than 5,000 new cases.
Wiping down groceries? Experts say keep risk in perspective
Experts say the national fixation on scrubbing sparked by the pandemic can sometimes be overkill.
Consumer spending up only slightly as virus maintains grip
U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted.
New Indiana law puts pressure on high schools to reduce home-school withdrawals
The state will review more than 100 schools under a new law that aims to stem the tide of students who leave without diplomas but are not counted as dropping out.
Orders for manufactured goods show unexpected October gain
The strength in October came primarily from the volatile category of defense orders, with demand for military aircraft surging by 79.1%.
National, Indiana jobless claims up for second straight week as virus worsens
In Indiana, 20,454 people filed initial unemployment claims in the week ended Nov. 21, up from an adjusted number of 15,422 the previous week. Prior to the pandemic, the state was typically seeing fewer than 3,000 claims per week.
MIKE LOPRESTI: Indiana’s winningest high school coaches eye season tipoff—and COVID
In their combined 98 seasons of coaching, Holmes and Keefer thought they had seen it all.
Unlimited Motors building $12M dealership in Westfield
Owner Adel Elhaj, who wants to boost the image of pre-owned car sales with a tricked-out showroom, plans to reposition his existing Noblesville dealership. He’s also about to open a dealership in Elwood.
Urban Design: COVID puts a focus on our need for more housing
Healthy cities have multiple housing types at a variety of price points.
Entrepreneur plans restaurant, recreational project in Broad Ripple
A local entrepreneur plans to redevelop the former Broad Ripple Steakhouse restaurant site and an adjacent property into a multi-tenant dining concept and outdoor recreation area. The development would utilize numerous shipping containers in its design.
Left for dead twice, RadioShack getting another shot online
The big question: How much value does the RadioShack brand have when the prized target audience of younger consumers might have never owned a radio, let alone stepped inside a RadioShack store?
Ex-Purdue professor, wife get probation for research funds fraud
Qingyou Han, 62, and his wife, Lu Shao, 54, were ordered to pay a combined $1.6 million in restitution after pleading guilty to using more that $1 million in federal research funds for their own personal expenses.
State investigation of casino execs has expanded to more than 10 people
The Indiana Gaming Commission has more than 10 people under investigation for possible financial misconduct that would violate state casino laws or regulations, said Sara Gonso Tait, the commission’s executive director.
GREG MORRIS: Purdue gives boost to plan for Westfield observatory
Grand Universe would promote STEM education and give central Indiana the planetarium it lacks.
Memory Bank: Barges loaded with coal float on Ohio River
The first mine in Warrick County—in the heart of Indiana’s coal country—opened on Pigeon Creek in 1818. By the end of that century, the Pigeon Creek area had some 97 active mines.