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COVID-19 hospitalizations reach new high as state reports 4,213 more cases

November 9, 2020 | IBJ Staff

The Indiana State Department of Health on Monday said the seven-day moving average for COVID-19 cases reached another all-time high of 4,212.

IU economic forecast expects recovery to slow, jobless rate to remain elevated

November 9, 2020 | IBJ Staff and Associated Press

The forecast holds out hope for positive economic growth in the second half of 2021 in Indiana, but it assumes the state will either remain at Stage 5 of Gov. Eric Holcomb’s reopening plan or operate under even fewer restrictions.

Stocks skyrocket to record levels on Pfizer’s optimistic vaccine news

November 9, 2020 | Associated Press

Markets were already sharply higher on the U.S. election result when Pfizer said that research shows vaccine shots may be 90% effective at preventing COVID-19, indicating the company is on track this month to file an emergency-use application with U.S. regulators.

Pfizer says COVID-19 vaccine is looking 90% effective

November 9, 2020 | Associated Press

The coronavirus shots, made by Pfizer and its German partner BioNTech, are among 10 possible vaccine candidates in late-stage testing around the world—four of them so far in huge studies in the U.S.

IBJ Podcast: Democrats were supposed to have a big year in Indiana. They didn’t. Why not?

November 9, 2020 | IBJ Staff

Podcast host Mason King talked with University of Indianapolis political science professor Laura Merrifield Wilson and IBJ political reporter Lindsey Erdody about the messages Indiana voters sent at the polls.

Charter allies sweep IPS school board election to win four seats

November 9, 2020 | Dylan Peers McCoy, Chalkbeat Indiana

The board faces a host of challenges, including how to cut the district’s spending, how to fulfill its commitment to racial equity, and how to stem the learning loss wrought by school closures during the pandemic.

Nursing home COVID-19 cases rise four-fold in surge states

November 9, 2020 | Associated Press

Nursing homes and other long-term care facilities account for about 1% of the U.S. population, but represent 40% of COVID-19 deaths, according to the COVID Tracking Project.

Biden plans immediate flurry of executive orders to reverse Trump policies

November 9, 2020 | The Washington Post

Biden’s top advisers have spent months quietly working on how best to implement his agenda, with hundreds of transition officials preparing to get to work inside various federal agencies.

$40M data center opens in northwest Indiana

November 8, 2020 | Associated Press

Roughly half of the center has been leased for servers that’ll be connected to a fiber line to downtown Chicago.

Indiana reports another 4,689 COVID-19 cases; hospitalizations hit another high

November 8, 2020 | IBJ Staff

The Indiana State Department of Health has reported 262 new COVID-19 deaths over the past seven days, up from 229 the previous week.

FDA panel urges rejection of experimental Alzheimer’s drug

November 8, 2020 | Associated Press

The Biogen drug, known as aducanumab, does not cure or reverse Alzheimer’s, but it might modestly slow the rate of decline.

Indiana COVID-19 cases top 5,000, hitting record for fourth straight day

November 7, 2020 | IBJ Staff

Hospitalizations due to COVID-19 also rose to another high in Indiana, as did testing of new individuals.

Biden wins White House, vowing new direction for divided U.S.

November 7, 2020 | Associated Press

Joe Biden’s victory came after more than three days of uncertainty as election officials sorted through a surge of mail-in votes in an extraordinary close election that delayed the processing of some ballots. It was unclear whether President Trump would publicly concede.

U.S. consumer borrowing increases by $16.2 billion

November 6, 2020 | Associated Press

The increase included a $3.98 billion increase in credit card borrowing, the first rise since February. Credit card use had fallen for six straight months as households cut back on use of credit cards once the pandemic hit.

Trump faces tough road in getting Supreme Court to intervene

November 6, 2020 | Associated Press

President Trump could need the court’s help in two or more states, an unlikely scenario that is far different from what took place in the 2000 election, the only time the court has effectively settled a presidential election.

High-profile coalition is taking aim at food insecurity

November 6, 2020 | John Russell

A group of prominent corporate, not-for-profit and government organizations is launching perhaps the most ambitious food-relief and sustainability program here in years.

Savvy strategy, some luck propel online boutique to big success

November 6, 2020 | Susan Orr

Magnolia Boutique—known for its bohemian style built around casual, trendy clothing, shoes and accessories—is an online-only business on track to hit $10.5 million in sales this year, up from $7.9 million in 2019.

HAHN: How women can break through in financial planning, other fields

November 6, 2020 | Jalene Hahn

While it might not be possible for you to singlehandedly change the corporate culture, there are things you have control over.

BOHANON & CUROTT: Free-market health care is working in Oklahoma

November 6, 2020 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

The Oklahoma Surgery Center, known as OSC, does not accept third-party payments from public or private insurance.

Hotels’ vacancy woes cause debt headaches

November 6, 2020 | Mickey Shuey

With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.

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Daniel Bradley
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