Sales soar at Walmart as it becomes lifeline during pandemic
Online sales in the U.S. jumped 74% for the quarter ended April 30. Same-store sales rose 10% on strong sales of food, health and wellness goods.
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Developer planning 35 condos, townhomes on near-east side, including church conversion
The Michigan-based firm intends to develop 20 condos and 15 townhomes on parcels near the nexus of the Holy Cross, Arsenal Heights and Woodruff Place neighborhoods.
Indianapolis software firm Encamp raises $3.1M in growth capital
The funding round was led by Allos Ventures and High Alpha Capital, both of Indianapolis, with participation from IU Ventures.
Burgerhaus’ downtown canal location likely won’t reopen
The restaurant opened in 2014. The chain also has locations in Carmel, Schererville and Valparaiso.
Beyond COVID podcast: The complications of moving your staff back to the office
Paul Ashley, a FirstPerson senior vice president and adviser, discusses how to talk with employees about coming back to work, how to address increasing mental health needs of workers, and the ways in which the workplace may change.
Developers make $27M in bond requests from Carmel to spur multiple projects
The Carmel City Council on Monday voted to send developer-backed bond requests for four major real estate projects to the city’s Land Use Committee for further review.
Ex-leader of IPS teachers union sentenced to prison for embezzlement
Rhondalyn Cornett, 55, was also ordered to pay more than $154,000 in restitution to the Indianapolis Education Association and will serve two years of probation.
With masks and testing, Notre Dame plans to reopen in August
University of Notre Dame officials announced Monday the school’s campus will reopen to students on Aug. 10, with social distancing, a mask requirement, testing and contact tracing to prevent the spread of the coronavirus.
City considers major street closures to expand outdoor dining
Marion County’s reopening plan allows restaurants to open at 50% capacity on Friday—but only if diners eat outside.
Holcomb preparing to tweak reopening plan; details to come Wednesday
Stage 3 of the governor’s roadmap, scheduled to start Sunday, is set to increase the social gathering limit from 25 people to 100, allow retailers to go from operating at 50% capacity to 75% capacity, let fitness centers reopen and allow movie theaters to open at 50% capacity.
‘Triple whammy’ of good news powers Dow more than 900 points
The Dow Jones industrial average surged nearly 700 points at the opening bell, then kept going, after Moderna announced that an early-stage human trial for its coronavirus vaccine successfully produced COVID-19 antibodies in participants.
Indiana Supreme Court declines to say whether Holcomb can appoint AG replacement
Gov. Eric Holcomb, a Republican, asked the court last week to clarify whether Attorney General Curtis Hill would lose his elected position as state government’s top lawyer when his 30-day suspension took effect Monday.
IU Health says Methodist Hospital overhaul still on track, even as other projects falter nationally
The design of the long-anticipated project was originally set to be unveiled by the end of 2018, but has been delayed several times—most recently this spring, as the pandemic began to sweep across the United States.
Footlite Musicals launches $30K campaign to maintain theater while stage is dark
The all-volunteer group says it needs $30,000 to cover expenses before it’s back up and running in September, when it will stage the ABBA jukebox musical “Mamma Mia!”
BOHANON & CUROTT: Entrepreneurs are best equipped to pull us out of this mess
Epic levels of unemployment and declines in GDP take time to repair, even if we get good news such as better remedies or an effective vaccine. There are at least two reasons why.
IBJ, staff win 12 awards in SPJ contest, including first place honors for AI coverage
The Indiana Lawyer, which is also published by IBJ Media, won six awards, including first place honors in six categories.
MHG Hotels sues insurer for claim denial as pandemic-related losses climb
A local hotelier expects to lose more than $20 million from declines in travel tied to the coronavirus pandemic, according to a lawsuit filed against its insurer earlier this month.
Downtown steakhouse joins list of restaurants permanently closing
The Facebook page for the upscale restaurant lists the location as “permanently closed.” It has been removed from the company’s online list of restaurants, and its local phone number no longer works.
Indiana reports another 477 COVID-19 cases as testing hits new high
The Indiana State Department of Health said Monday that the cumulative death toll in the state rose to 1,621, up from 1,607 the previous day—an increase of 14.
Moderna virus vaccine showing encouraging early results
The data released Monday by Moderna is positive, but represents only a first step in a long process to bring a vaccine to market.