Government revision shows economy shrank 0.6% last quarter
In its previous estimate for the April-June quarter, the government had estimated that the economy had shrunk at a 0.9% rate.
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Lesley Weidenbener: You can do politics; just give it a try
Start small if you want. Put up a yard sign for a candidate you like. Offer to pass out yard signs to others. Show up at a zoning meeting and explain why a project will hurt your neighborhood. Send an email to your senator about a strong position you hold. Vote.
Le Macaron French Pastries to open shops in Carmel, Fishers
The stores will offer 25 to 30 different flavors of macarons made by a pastry chef who was trained in France. Customers will also find 16 different gelato flavors, chocolates, cakes, croissants and a coffee bar.
AMH Development planning up to 168 new rental homes in Noblesville
The company presented plans to the Noblesville City Council for two new rental-home communities, but some councilors expressed concerns about the amount of housing under development in the city.
Downtown Indy picks longtime Hogsett official as new leader
Taylor Schaffer, chief of staff for Indianapolis Mayor Joe Hogsett, will become just the third leader in the 29-year-old civic organization’s history.
Study: Pfizer COVID pill showed no benefit in younger adults
The researchers found that Paxlovid reduced hospitalizations among people 65 and older by roughly 75% when given shortly after infection. But people between the ages of 40 and 65 saw no measurable benefit, according to the analysis of medical records.
Andretti effort to join Formula One the most vocal of many inquiries
Formula One has multiple inquiries from potential team owners who have taken a more behind-the-scenes approach than Michael Andretti, who has been “quite vocal” in his desire to expand the current grid, F1’s CEO said Wednesday.
Amazon to shut down virtual health care service Amazon Care
Amazon is closing the hybrid virtual, in-home care service it’s spent years developing, a surprising move that underscores the challenges it faces as it moves into health care.
New statewide grant program to provide tutoring for low-income Hoosiers
The Indiana Learns program will provide qualifying families with up to $1,000 to spend on high-dosage tutoring for math and English/language arts, as well as approved out-of-school academic programs.
SEC questions Twitter on how it counts fake accounts
The SEC’s Division of Corporation Finance asked the questions in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion.
Indiana State Fair attendance up slightly from a year ago
After calling off the 2020 fair due to the pandemic, organizers added an 18th day to the event in 2021 and 2021, but spread those days over a longer period than previous fairs by closing on Mondays and Tuesdays. The new format adds an extra weekend to the schedule.
IndyGo says the Blue Line’s price tag will be at least $300M more than expected
IndyGo is also considering whether to move the western-most segment of the Blue Line off Washington Street and onto Interstate 70, a move that would save money and appease lawmakers who have been critical of adding dedicated bus lanes to Washington Street.
Chamber launches ‘one-stop shop’ for talent development, education resources
The Talent Resource Navigator was established with a $2.5 million investment from Indianapolis-based Lilly Endowment Inc.
IRS to wipe away $1.2 billion in late fees from pandemic
The IRS estimates that nearly 1.6 million taxpayers will receive more than $1.2 billion worth of penalty relief. The tax agency will automatically issue the refunds or credits for most of the fees by the end of September.
Settlement proposed for downtown hotel’s $1M Spring League lawsuit
The agreement between Crowne Plaza Union Station owner B&D Associates LP and The Spring League LLC would require the league to pay about $850,000.
Biden announces long-awaited student debt-forgiveness plan
The plan calls for $10,000 or more in federal loan forgiveness for millions of Americans. Democrats are betting that President Joe Biden, who has seen his public approval tumble over the past year, can help motivate younger voters to the polls with the announcement.
Ashley C. Ford, Leah Johnson and Ross Gay among 8 honored Indiana authors
Each Eugene and Marilyn Glick Indiana Authors Awards winner receives $5,000 and a limestone-and-steel trophy.
