GOP plans test vote on $500B aid package that faces long odds
Democrats say the GOP bill is far too small and leaves out important priorities, including hundreds of billions of dollars for state and local governments.
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Kristen Jones: Trump’s drug-pricing order spells disaster for life sciences
The Most Favored Nation pricing model is an intensely misguided policy. Its foreign price controls would not only depress crucial medical innovation but would also harm small businesses in the process.
State awarding $30M to local health departments to open more testing sites
The Indiana State Department of Health plans to open 95 new COVID-19 testing sites in partnership with local health agencies by Oct. 1, officials announced Wednesday.
Led by tech shares, stock market bounces back after three-day rout
Technology shares led the rebound, just as they led the three-day sell-off that slashed 10% off the Nasdaq, dragging the tech-centric index into correction territory.
State expects to start paying extra $300 unemployment benefit Sept. 21
Unemployed Hoosiers can expect to start seeing the federal supplemental weekly benefit in about two weeks, state officials said Wednesday.
Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney
The tentative rescue deal, which would preserve about 70,000 jobs, includes a $300 million equity investment by landlords Simon Property Group and Brookfield Property Partners, a lawyer for J.C. Penney said at a Wednesday bankruptcy hearing in Texas.
Indiana prison on lockdown amid COVID-19 outbreak
A total of 238 inmates were quarantined Wednesday at Miami Correctional Facility, which has a total inmate population of about 3,100.
DOJ, AG Hill side with archdiocese in same-sex marriage fight
Claiming the judiciary cannot interfere with church matters, the U.S. Department of Justice and Indiana Attorney General Curtis Hill have entered the fight between the Roman Catholic Archdiocese of Indianapolis and a teacher dismissed from Cathedral High School.
NIH: Halted vaccine study shows ‘no compromises’ on safety
Late Tuesday, AstraZeneca announced its final-stage COVID-19 vaccine studies are on temporary hold while the company looks into whether a test subject’s illness is a side effect of the shot or a coincidence.
Lawmakers consider using Government Center for House sessions
The Legislative Continuity Committee on Wednesday voted to recommend that staff begin to equip several rooms in Indiana Government Center South for the Indiana House to meet there for the 2021 session, which starts in January.
Indiana reports 720 more COVID-19 cases, 17 additional deaths
The state’s said Wednesday that the seven-day testing-positivity rate for unique individuals rose from 7.5% to 7.7%.
Delivery giants Amazon, UPS, FedEx hiring tens of thousands
The delivery giants have seen a boom in residential deliveries since lockdowns kept consumers out of stores, and fear of contracting the virus has limited their shopping trips.
NASCAR star Jimmie Johnson teams with Ganassi on 2-year IndyCar program
The seven-time NASCAR champion will work with the Ganassi organization to finalize sponsorship on a two-year partnership that could pair two of the most dominant drivers of this generation on one team.
EdgeRock planning 157-acre project north of Grand Park
The developer wants to rezone farmland along 191st Street to allow for commercial buildings, single-family neighborhoods, town houses, a church, a park and several sports facilities.
Power-tool maker plans 450-worker repair hub in Greenwood
Milwaukee Tool, which will open a 150,000-square-foot facility on Southtech Drive, has been on a growth tear, with employment increasing from 1,000 to 5,000 over the last decade.
High Alpha portfolio firm Bolster makes official launch after raising $6M
Bolster’s investors include Indianapolis-based High Alpha Capital, Silicon Valley Bank parent SVB Financial Group, New York-based Union Square Ventures and Palo Alto, California-based Costanoa Ventures.
Former virus epicenter finds half of survivors still not fully recovered
Six months ago, the Italian city of Bergamo was one of the world’s hotbeds for COVID-19. Today, doctors studying the long-term effects of the virus are seeing a long aftermath, where recoveries are proving incomplete and sometimes excruciating.
Indianapolis charter network planning virtual school for next year
School leaders say the plan responds to demand fueled by the pandemic for virtual schooling that they anticipate could continue even if the health crisis recedes or a vaccine proves effective.
Tech stocks pull down stock market for third straight day
Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights.
KAR Global to expand digital auction options with $425M acquisition
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
