Tight job market causing costs to rise at FedEx
The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased.
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Biden ready to bet on rapid COVID tests, but they can be hard to find
The latest shortage is another painful reminder that the U.S. has yet to successfully manage its COVID-19 testing arsenal, let alone deploy it in the type of systematic way needed to quickly crush outbreaks in schools, workplaces and communities.
Indiana reports 81 more COVID deaths, rise in hospitalizations
More than 3.21 million Hoosiers had been fully vaccinated against COVID-19 as of Tuesday after a daily increase of 6,838.
Treasury targets ransomware payment ‘enablers’
The Biden administration took aim Tuesday at the financial marketplace for criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say has processed illicit transactions for attackers.
New state Senate seat added in Indy under GOP proposal
Indianapolis would gain a new state Senate district under Republicans’ proposed district maps, but the changes likely would otherwise have little impact on the GOP’s 39-11 supermajority in the Senate.
Developers planning $50M-plus, 279-unit apartment complex for 16 Tech
Expected to be a key component of 16 Tech’s live-work vision, the apartment project will include a mix of studios and one- and two-bedroom units.
Republic Airways outlines plan for $200M training facility, corporate HQ project in Carmel
The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Impending public finance retirements to worsen worker shortage
The sector that employs more than 850,000 state, county and city government workers may be on the verge of a so-called “silver tsunami,” according to the National Association of State Treasurers Foundation.
Second dose of Johnson & Johnson vaccine increases protection against COVID-19, maker says
Regulators would have to authorize Johnson & Johnson booster shots before the public could receive them.
Updated: Republic Airways to move HQ, training facilities to struggling retail area in Carmel
Republic, which provides passenger flights that operate under the flags of major airlines, plans to move about 1,900 jobs to Carmel, the city said in a news release. Its headquarters is now at 8909 Purdue Road.
Bankable launches new loan fund for Black-owned businesses
Based in Anderson, Bankable offers microloans to small and startup businesses around the state. This is the organization’s first fund specifically targeting Black-owned businesses.
Democrats tie government funding to debt bill as GOP digs in
Congress is rushing into an all-too-familiar stalemate: The government faces a shutdown if funding stops at the end of the fiscal year, Sept. 30. At the same time, the U.S. risks defaulting on its debt load if the borrowing limits are not waived or adjusted.
U.S. easing virus restrictions for foreign flights to America
The travel bans had become the source of growing geopolitical frustration, particularly among allies in the United Kingdom and European Union.
Stocks drop the most since May on worries over China, Fed
Worries about debt-engorged Chinese property developers—and the damage they could do to investors worldwide if they default—are rippling across markets.
Study: Indiana ranks 19th for nursing work conditions and job opportunities
The state ranks far lower—33rd—for “work environment,” according to the study, conducted by Wallet Hub, a financial consumer website.
Statewide hospitalizations due to COVID fall for 6th straight day
The Indiana State Department of Health on Monday reported the latest COVID-19 figures related to schools, which showed a rise in student cases of 4,499
Surging fertilizer costs risk making food even pricier next year
A perfect storm of events—from extreme weather and plant shutdowns to new government sanctions—have hit the chemical fertilizer market this year, slamming farmers already buckling under the strain of rising costs to produce food.
Indiana House committee advances proposed election district maps
The proposed maps essentially stayed the same as when they were released last week, with one minor amendment moving House districts in Fort Wayne to avoid splitting up an apartment complex.
Biden easing foreign travel restrictions, requiring vaccines
The new policy replaces a patchwork of travel restrictions first instituted by President Donald Trump last year and tightened by Biden last year that restricted travel by non-citizens to the United Kingdom, European Union, China, India and other countries.
Pfizer says COVID-19 vaccine works in children ages 5 to 11
While youngsters are at lower risk of severe illness or death than older people, more than 5 million children in the U.S. have tested positive for COVID-19 since the pandemic began and at least 460 have died, according to the American Academy of Pediatrics.