Indiana lawmakers clash over COVID-19 protocols as 2021 session nears
Democrats support requiring lawmakers to wear masks while conducting state business, but Republicans say masks should remain a recommendation only.
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Governor in quarantine after some in security team test positive
Gov. Eric Holcomb and his wife are “considered close contacts” and will be tested later this week, his office said.
Carmel council changes public art procurement process, OKs zoning for Courtyards project
The Carmel City Council approved new rules Monday night to provide additional review of the city’s art purchases above $5,000. Ohio-based Epcon Communities also received the zoning approval it needs to build 149 age-restricted homes near Carmel High School.
Fed’s Powell says surge in virus cases threatens U.S. economy
Federal Reserve Chair Jerome Powell said the threat also means that Congress and the White House should provide more stimulus spending to support the unemployed, states and cities, and small businesses, and to keep the economy afloat.
Former UAW exec gets 2-1/2 years in prison for kickback
In the latest punishment in what the government calls “systemic” corruption at the highest ranks of the union, 11 union officials and a late official’s spouse have pleaded guilty since 2017, including former presidents Dennis Williams and Gary Jones.
Local marketing software biz SmarterHQ acquired by New York City-based firm
SmarterHQ, a fast-growing Indianapolis-based marketing software firm that has raised more than $42 million in venture capital since its founding in 2010, has been acquired.
Weak retail sales in October stir up unease about holidays
A surge in coronavirus infections nationwide and the expiration of a $600 weekly boost to unemployment checks over the summer have slowed spending by Americans.
Indiana reports new highs in COVID-19 deaths, hospitalizations
The Indiana State Department of Health on Tuesday said the seven-day moving average for COVID-19 cases in the state reached another all-time high of 6,143.
Industrial production up 1.1% in October, but still lagging
It was a rebound after a downturn in September, but production still remains below pre-pandemic levels, the Federal Reserve reported Tuesday.
Amazon opens online pharmacy, shaking up another industry
The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled Tuesday.
North Split construction, traffic closures to begin in December
The North Split project, which was first announced in 2017, will reconfigure the Interstate 65/Interstate 70 interchange on the northeast side of downtown.
Apartments planned for low-income residents on 38th Street would raze blighted structures
The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.
High Alpha launches software firm for real estate teams
High Alpha on Tuesday announced the formal launch of its eighth company this year and its 20th since its founding in 2015.
Carmel considers establishing four new waterway districts to obtain new liquor licenses
The Carmel City Council introduced a proposal on Monday to establish four new waterway districts that would allow the city to pursue additional alcoholic beverage permits.
Oladipo joins ownership group with New Zealand Breakers
While Victor Oladipo’s playing future with the Indiana Pacers remains murky, he’s found a franchise-altering deal elsewhere.
Indiana teachers union calls on lawmakers to restore bargaining rights amid pandemic
The Indiana State Teachers Association, which represents nearly 40,000 educators, say teachers deserve the right to bargain over working conditions, such as hours, prep time and class sizes.
Stock indexes close at record highs as hopes build for a vaccine
The Dow Jones industrial average surpassed its record of 29,551.42 set in February before pandemic panic hit the market.
Top GOP lawmakers signal support for coronavirus legal protections for businesses
During the chamber’s annual legislative preview event—which was held virtually this year as a safety precaution—the organization announced its top five priorities for the session that starts in January.
U.S. casinos recovering from virus setbacks, but challenges remain
The American Gaming Association found that the industry won more than $9 billion in the third quarter of this year, which is 81% of the amount it won during the same period a year earlier.
The check is in the mail from health insurers, but Hoosiers won’t get big payday
Under the Affordable Care Act, health insurers are required to spend 80% to 85% of the revenue they get from premiums on medical care. If they don’t, they have to issue rebates or credits to make up the difference.