Canadian drugmaker says its COVID-19 vaccine is effective
The Quebec City company said it will seek Canadian approval “imminently” and has also begun the process to file with regulators in the United States, United Kingdom and other countries.
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Huge $150M industrial campus planned at former Ford Visteon site on east side
The property is under contract for an undisclosed price from Ford Motor Co., which has owned the land under its own name and an affiliated holding company since at least 2005.
U.S. trade deficit narrows in October as exports rebound
The October deficit was the smallest monthly deficit since a $66.2 billion imbalance in April.
After two years in Broad Ripple, Sun King to close taproom
The brewery’s co-founder said increased rent and upcoming road construction factored in the decision to exit the neighborhood known for its nightlife.
Indiana should lift law requiring yellow buses, charter group says
The Mind Trust, an Indianapolis-based charter advocacy group, highlighted in a new report how the yellow-bus requirement creates a costly burden for charter schools in particular.
Companies delaying office returns amid omicron uncertainty
Major corporations that had planned to shepherd all their employees back into offices in early 2022 now have to decide whether those dates make sense in light of further evidence of the pandemic’s unpredictability.
Ohio lawmakers to consider bill aimed at retaining, luring students
Lawmakers in Indiana’s neighbor to the east will consider making graduates of any Ohio college who take a full-time job in the state exempt from state income tax for up to three years.
Biden pledges savings on insulin, other drugs for Americans
The biggest policy change—a system for Medicare to negotiate prices for prescription drugs—won’t begin to deliver lower costs until 2025, and then only for a selected set of 10 medicines, as well as insulin products.
Hospitals set new pandemic record, with 70% of staffed beds in use
Across the state, 2,408 people were hospitalized for COVID-19 Saturday. That’s up from a recent low of 1,209 on Nov. 6, and six times the number of people hospitalized from COVID-19 at the year-to-date low mark of 369 on June 24.
Trust Hardware owner faces lawsuit over north-side store closure
Trust Hardware owner Adam Taylor says supply-chain and labor issues made it too tough to operate, so he closed two of his three stores last month. The landlord at his former Binford Shoppes store is suing Taylor for back rent.
Vegas Lounge & Bar planned for former arcade site in Broad Ripple
The new nightclub owner wants to bring visual opulence associated with Las Vegas to building that was home to One Up Arcade from 2018 to 2020.
Civil War Museum relaunches in expanded form in Indiana War Memorial
Curators cleared all of the artifacts from the Col. Eli Lilly Civil War Museum in 2018 after a leak in the Soldiers and Sailors Monument’s basement endangered the collection.
Omicron possibly more infectious because of ties to common cold coronavirus, study says
The omicron variant is likely to have picked up genetic material from another virus that causes the common cold in humans, according to a new preliminary study.
Survey: Business economists foresee persistent inflation
The nation’s business economists have sharply raised their forecasts for inflation, predicting an extension of the price spikes that have resulted in large part from bottlenecked supply chains.
Pandemic stress weighs heavily on Gen Z, poll finds
Isolation. Anxiety. Uncertainty. The stresses of the coronavirus pandemic have taken a toll on Americans of all ages, but a new poll finds that teens and young adults have faced some of the heaviest struggles as they come of age during a time of extreme turmoil.
IBJ Podcast: Pete the Planner on new rules for retirement
The change in the so-called “4% rule” has podcast host Mason King worried, and so he and Peter “Pete the Planner” Dunn dive into the details in search of clarity.
New Interstate 69 section could open in December
State highway officials expect to open a new section of the Interstate 69 extension project between Indianapolis and Bloomington by the end of the year.
Indiana-based Shoe Carnival buys Alabama-based Shoe Station
With the addition of Shoe Station, Shoe Carnival said it expects to exceed 400 stores by the end of 2022 on a path toward double-digit growth in new stores in the years ahead.
Health officials say early reports encouraging about omicron
U.S. health officials said while the omicron variant of is rapidly spreading throughout the country, early indications suggest it might be less dangerous than delta, which continues to drive a surge of hospitalizations.