First Internet Bancorp reports record quarterly profit
The Fishers-based parent of First Internet Bancorp had a milestone quarter thanks to a boom in mortgage activity, the company reported Wednesday afternoon.
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Fed survey finds tepid growth as U.S. economy battles pandemic
A Federal Reserve survey of business conditions around the country found that the U.S. economy grew at a “slight to modest” pace in September and early October, but that the pace of activity varied greatly among sectors.
Indiana enlists National Guard to help with surge in nursing home COVID-19 deaths
The state on Wednesday announced a five-part plan that also includes sending 2 million N-95 masks and 400,000 face shields to nursing homes, which have been particularly hard hit by the virus.
Senate Democrats block slimmed-down pandemic relief bill
The bill included new money for small businesses, schools, health care systems and the unemployed, but omitted Democratic priorities such as state and local aid—as well as $1,200 stimulus checks for individuals.
Next up in hunt for COVID-19 vaccine: Testing shots in children
Vaccines can’t be given to youngsters unless they’ve been tested in their age group—a major hurdle in efforts to reopen schools and resume more normal activities that are critical to families’ well-being.
Bjorkgren describes plan to take Pacers in new direction
First-time NBA head coach Nate Bjorkgren on Wednesday presented a different kind of vision, one Pacers fans may embrace after watching years of stodgy, half-court basketball.
Florida company moving HQ and call center to Indy, plans 103 local jobs
HealthCare.com provides an online platform that allows insurance shoppers to compare plans and prices, then talk to an insurance agent to buy a plan. Last year, more than 3 million people visited the website.
State reports another 1,766 COVID-19 cases, rise in hospitalizations
New COVID-19 cases reported by the Indiana State Department of Health have exceeded 1,500 in 13 of the past 14 days.
City launches public survey to gauge public interest in reusing BlueIndy sites
The ideas the city received fell into four broad categories: public charging for e-bikes and scooters, public charging for electric vehicles, shared transit services and placemaking.
J.C. Penney predicts bankruptcy protection exit by Christmas
Substantially all of J.C. Penney’s retail and operating assets will be acquired by Indianapolis-based Simon Property Group and Brookfield Asset Management Inc. and through a combination of cash and new term-loan debt.
State reopens rental assistance portal with new stream of funds
Indiana is using $15 million in Emergency Solutions Grant CARES Act funding from the U.S. Department of Housing and Urban Development to offer up to six months of rent to Hoosiers who are at high risk of facing homelessness.
1830 Chophouse to open on Lebanon square next month
The restaurant partners, who also own Lebanon’s Backroads BBQ, intend to capitalize on a newly acquired meat processing facility to bring diners a farm-to-table experience.
OxyContin maker to plead to 3 criminal charges, make $8B settlement
Purdue Pharma, the company that makes OxyContin, the powerful painkiller that experts say helped touch off an opioid epidemic, will plead guilty to counts including conspiracy to defraud the United States and violating federal anti-kickback laws, the officials said.
Indianapolis Star parent Gannett offering another round of buyouts
Unlike previous Gannett buyouts, which required workers to meet certain criteria for age and years of service, the latest buyout is available to nearly all full-time Gannett workers.
How Google evolved from ‘cuddly’ startup to antitrust target
Like Microsoft was 22 years ago, Google is in the crosshairs of a Justice Department lawsuit accusing it of wielding the immense power of its internet search engine as a weapon that has bludgeoned competition and thwarted innovation to the detriment of the billions of people.
McConnell warns White House against COVID relief deal
Senate Majority Leader Mitch McConnell on Tuesday told fellow Republicans that he has warned the White House not to divide GOP legislators by sealing a $2 trillion relief deal with Democrats before the election
Gubernatorial candidates largely stay away from pandemic discussion during first debate
The three candidates answered questions Tuesday night about education, economic development and the role of government, but spent little time discussing the ongoing COVID-19 pandemic.
UPDATE: Justice Department files landmark antitrust case against Google
The lawsuit marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago. And it could be an opening salvo ahead of other major government antitrust actions.
Consumer masks could soon come with labels saying how well they work
Though the details can be mind-numbingly technical, the stakes are high: If widely adopted, the standards could give Americans a sense of certainty and perhaps more confidence to return to offices, classrooms and public spaces next year.
Indiana starting to spend down CARES Act money
Indiana Office of Management and Budget Director Cris Johnston said, as of Oct. 15, the administration had either already spent or committed to spending about $1.7 billion of the $2.4 billion the state received from the federal Coronavirus Relief Fund