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New unemployment claims drop nationally, rise in Indiana
The number of people seeking U.S. unemployment benefits fell last week ,to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
Mounting commercial real estate losses threaten banks, recovery
Office space, the largest single slice of the commercial real estate sector, already is seeing rents fall as vacancies rise. Property values eventually could plummet 20% to 35%, according to a recent Barclays report. Hotels and retail properties have been hit even harder.
Online shopping surge could lead to holiday delivery delays
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
Biden taps Indianapolis native Klain as his chief of staff
Ron Klain served as chief of staff for Biden during President Barack Obama’s first term, was chief of staff to Vice President Al Gore in the mid-1990s and was a key adviser on the Biden campaign, guiding Biden’s debate preparations and coronavirus response.
As coronavirus soars, hospitals hope to avoid agonizing choices
The number of new daily coronavirus cases in the United States is at an all-time high. Nearly every metric is trending in the wrong direction, prompting states to add new restrictions and hospitals to prepare for a potentially dark future.
Indiana continues to plan for vaccine delivery, even though none has been approved
Indiana health officials have identified five hospitals that will get the initial shipment of the first COVID-19 vaccine available, if and when one is approved for use.
Holcomb says state to adopt new COVID-19 restrictions this weekend
Gov. Eric Holcomb also indicated that the five-stage system charting the state’s recovery would be retired. The state has been in the final stage—Stage 5—since September, which marked the beginning of a second wave of infections, hospitalizations and deaths.
TikTok asks court to intervene as Trump order looms
TikTok’s Chinese owner, ByteDance, has until Thursday to sell off its U.S. operations under an executive order that Trump signed in August.
Indiana reports new records in COVID-19 cases, hospitalizations
The Indiana State Department of Health on Wednesday said the seven-day moving average for new COVID-19 cases reached another all-time high of 4,681.
Future of business travel unclear as virus upends work life
Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council. How much of that business will return after the pandemic is uncertain.
Lebanon’s first production brewery taking shape in 124-year-old building
Also, in the latest North of 96th roundup, a barber shop and wellness lounge is planning its grand opening. Meanwhile, a Carmel theater has reopened and a Zionsville tea room is closing.
Mixed-use development with 98 homes proposed near Ruoff Music Center
David Weekley Homes and Warstler Realty Group are planning to build townhouses, duplexes and eight commercial buildings across from Ruoff Music Center in Noblesville.
Indiana planning to revamp school A-F grades
At a meeting Tuesday, the board discussed a framework drafted by its staff that offered several ideas for updating the school accountability system.
Trump officials promise fair distribution of Lilly’s new COVID-19 antibody drug
Because of the initial limited supply, the number of doses each state receives will be determined by the number of confirmed cases and hospitalizations in a given week, federal officials said.
Castroneves gets six IndyCar races next season with Meyer Shank
Helio Castroneves has said he wants to return to IndyCar, where he raced full-time from 1998 through 2017.
Fishers to consider restrictions amid spike in COVID-19 infections
Fishers Public Health Director Monica Heltz is recommending a public health order that would impose pandemic-related business and social-gathering restrictions in response to a recent increase in coronavirus cases.
Protesters march through downtown—remaining peaceful—until rain disperses crowd
The protesters carried signs and chanted as they marched along Meridian, Pennsylvania and Michigan streets, calling for justice for 21-year-old Dreasjon Reed.
UPDATE: No charges against Indianapolis officer in fatal shooting; evidence shows victim and officer fired shots
The grand jury’s decision not to indict Dejoure Mercer, the Black officer who shot and killed Dreasjon Reed on May 6, was announced Tuesday by special prosecutor Rosemary Khoury. Reed also was Black.
Indiana hospitals straining to keep up with COVID-19 patient load
The Indiana Hospital Association on Tuesday warned that medical facilities are struggling to keep up with a record number of hospitalizations. It called on Hoosiers to wear face coverings and practice social distancing.