Buckingham withdraws plans for $70M project along Indiana Avenue
A formal withdrawal of project plans was filed Friday, Nov. 20 with the city of Indianapolis, although no reason was offered.
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Carmel-based software firm to spend $12M on expansion
Fast-growing software and consulting company enVista LLC announced Friday that plans to pump millions of dollars into developing and improving supply-chain technology products and services to boost growth.
Third major COVID-19 vaccine shown to be effective, cheaper
AstraZeneca is the third major drug company to report late-stage results for a potential COVID-19 vaccine as the world anxiously waits for scientific breakthroughs that will bring an end to a pandemic.
Colts acquire 9 acres of parking properties south of Lucas Oil Stadium
The Indianapolis Colts spent at least $6.3 million to acquire the lots, most of which are vacant and have been used for game parking by third-party vendors since Lucas Oil Stadium opened in 2008.
IBJ Podcast: Can Indy pull off hosting the entire NCAA tourney?
Host Mason King talks with IBJ reporter Mickey Shuey, who has been covering the story, as well as Mark Ganis, co-founder of Chicago-based Sportscorp. Ltd., and Larry DeGaris, a University of Indianapolis professor and sports marketing consultant, about a proposal to have the city host all of the NCAA tournament games.
Retailers brace as virus bears down on consumers, economy
The acceleration of coronavirus cases is causing an existential crisis for America’s retailers and spooking their customers just as the critically important holiday shopping season nears.
Business owners upbeat about vaccine, wary as virus spreads
Promising news about a coronavirus vaccine has small business owners feeling more upbeat. They also realize many hurdles remain as the pandemic shows no signs of abating heading into the winter.
Many Americans flying for holiday despite CDC pleas
More than 2 million people were screened at U.S. airports on Friday and Saturday, according to the Transportation Security Administration. Friday was only the second time since mid-March that daily airport screenings topped 1 million.
Indiana’s death toll from COVID-19 surpasses 5,000
The Indiana State Department of Health on Sunday reported 6,255 new COVID-19 cases, the 12th straight day that the state has reported more than 5,000 new cases.
Experimental drug given to Trump to treat COVID-19 wins FDA clearance
It is the second drug of this type—called a monoclonal antibody—to be cleared for COVID-19. The FDA authorized Eli Lilly and Co.’s drug on Nov. 9.
Indiana reports 6,983 more COVID-19 cases, new high in hospitalizations
The state on Saturday reported 40 new COVID-19 deaths, raising the cumulative total during the pandemic to 4,992.
Virus surge threatens newfound U.S. corporate profit optimism
While an effective vaccine is expected to be widely distributed in 2021, surging U.S. infections are causing renewed angst as government officials re-impose the kind of restrictions that squelched the economy and roiled markets earlier this year.
Governor, first lady test negative for COVID-19, following infections among security detail
The Governor’s Office said the couple will continue their 14-day quarantine and can resume a normal schedule with vigilance about masking and social distancing on Dec. 1.
Black Friday 2020: Expect shorter lines, simpler layouts, piles of pajamas
The pandemic has reshaped the most important shopping season of the year, forcing retailers to rethink inventory, store layouts and when, even how, they offer their deepest discounts.
Mnuchin denies trying to hinder incoming administration
U.S. Treasury Secretary Steven Mnuchin said a decision to end several emergency loan programs being run by the Federal Reserve was based on the fact that the programs were not being heavily utilized.
Trump makes late-term bid to lower prescription drug costs
In a time of political uncertainty, it’s hard to say whether the rules will withstand expected legal challenges from the pharmaceutical industry or whether the incoming Biden administration will accept, amend or try to roll them back entirely.
After sputtering start, biosciences institute eager to innovate
The not-for-profit launched in 2013 as a way to bridge the gap between research universities and industry in life sciences. But its report card so far is decidedly mixed, and it just hired its third CEO.
Brad Rateike: To win, candidates must focus on their own brands
Pro tip: Define what you stand for.
Charlotte Westerhaus-Renfrow: The new future with inclusive leadership
A growing belief that diversity is on the rise in the workplace is not enough to proactively and successfully create the ultimate competitive advantages that help businesses pivot, adapt and thrive in “the new future.”
Memory Bank: Circle Tower builds up in 1929
The 17-story building—the tallest building that sits directly on the Circle—is part of a National Register of Historic Places designation.