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Colleges planning football in spring face lots of questions

August 12, 2020 | Associated Press

Exactly when a season could be played in the spring is likely to be determined by the status of the pandemic and the NCAA men’s basketball tournament. Would anybody in college sports want football treading on basketball’s main event?

Indiana reports 671 more COVID-19 cases amid big drop in testing

August 12, 2020

The Indiana State Department of Health on Wednesday reported the testing of 5,760 more individuals. That’s the smallest testing number in a daily report since July 7

OpenTable’s new CEO sees shakeout looming for U.S. restaurants

August 12, 2020

The industry remains on track to lose 25% of its eateries nationwide based on the pace of reservations, according to Debby Soo, who took over this month as CEO of the restaurant-booking service.

Retailer Stein Mart files for bankruptcy, might close all 281 stores

August 12, 2020 | Bloomberg News

Stein Mart is a discount retailer that runs 281 stores in 30 states, including four in the Indianapolis area.

Companies test antibody drugs to treat, prevent COVID-19

August 12, 2020 | Associated Press

With a coronavirus vaccine still months off, companies—including Indianapolis-based Eli Lilly and Co.—are rushing to test what might be the next best thing: drugs that deliver antibodies to fight the virus.

Eli Lilly headquarters

Edify Labs relocates to Fishers, promises new jobs

August 12, 2020 | Kurt Christian

Edify Labs, a software firm with offices in California and Indiana, moved from Carmel into the penthouse of The Ellipse building in downtown Fishers earlier this month. The move makes room for 150 new jobs.

U.S. consumer prices rose 0.6% in July, matching June uptick

August 12, 2020 | Associated Press

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

Plainfield mall facing foreclosure for 2nd time after owner misses $30M payoff

August 12, 2020 | Mickey Shuey

The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.

Alonso confident in McLaren prep for another Indy 500 attempt

August 11, 2020 | Associated Press

The former Formula One champion, who failed to qualify for the race last year in a spectacularly woeful effort by McLaren, has returned to Indianapolis Motor Speedway for a third attempt at winning.

Delaware County school district quarantines 228 students

August 11, 2020 | Associated Press

It’s the largest student quarantine in the state reported so far, topping the roughly 48 students affected in the Lanesville Community Schools in southern Indiana’s Harrison County.

Cheapest apartments facing biggest foreclosure risk from pandemic

August 11, 2020 | Bloomberg News

While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.

Biden selects California Sen. Kamala Harris as running mate

August 11, 2020 | Associated Press

The choice made history by elevating the first Black woman to compete on a major party’s presidential ticket and acknowledging the vital role Black voters could play in the election.

UPDATE: Big Ten officially pulls plug on fall football amid COVID-19 concerns

August 11, 2020 | Associated Press and IBJ Staff and The Washington Post

The broadcast rights for football generate millions of dollars for the Big Ten Conference’s athletic departments, and schools across the country have projected major deficits in the wake of the pandemic.

Virus surge makes U.S. weaker link in global economic recovery

August 11, 2020 | Associated Press

The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.

County health department steps up enforcement of mask, social distancing mandates

August 11, 2020 | Samm Quinn

The Marion County Public Health Department will now immediately slap $1,000 fines on businesses and venues that defy mask and social distancing mandates, Dr. Virginia Caine, department director, announced Tuesday.

Governors raise concerns about Trump’s executive order, but Holcomb’s position unclear

August 11, 2020 | Lindsey Erdody and Associated Press

As governors in other states raise concerns about President Donald Trump’s order to partially extend federal unemployment bonus payments, Indiana Gov. Eric Holcomb’s administration is mostly staying silent.

State passes 75K total COVID-19 cases, reports highest daily death toll in 2 months

August 11, 2020 | IBJ Staff

Marion County reported an increase of 125 cases, the 26th straight day that cases in the county have risen by more than 100.

Scioto Biosciences lands $26.5 million from Korean biotech

August 11, 2020 | John Russell

The Indianapolis-based startup is developing drugs targeting brain and bowel disorders.

U.S. producer prices up 0.6% in July, biggest jump since 2018

August 11, 2020 | Associated Press

The Labor Department said Tuesday that the jump last month in its producer price index—which measures inflation before it reaches consumers—was about twice what economists had expected.

Russia’s approval of COVID-19 vaccine greeted with skepticism

August 11, 2020 | Associated Press

Russia on Tuesday became the first country to approve a coronavirus vaccine for use in tens of thousands of its citizens despite not completing clinical trials.

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