Pummeled by pandemic, CIB making ‘hard decisions’
But Executive Director Andy Mallon says he’s “very confident” the board will recover from not only the pandemic but also necessary spending cuts and financial hits over the next 18 months.
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Experts aim to predict trajectory of COVID deaths in coming months
In the absence of a crystal ball, forecasting models offer the next best thing: a rough guide for people to guess when they might get back to something resembling normalcy.
Holcomb chipped away at many of his goals in first term
IBJ looked at 30 of the more measurable commitments the governor has made over the last four years to see whether he’s lived up to what he promised and what Hoosiers can expect if he wins a second term.
Virtual road races aren’t attracting many runners—or much revenue—this year
For most races nationwide, including the Indianapolis Monumental Marathon, participants run or walk on their own on a date and route of their choosing, rather than crossing a finish line amid a cheering crowd.
New law means $4.7M more in tax revenue for Fishers, courtesy of Carmel
Special legislation passed in 2019 that caps Carmel’s income tax revenue growth at 2.5% per year for three years, with any excess transferred to Fishers, was triggered in the first year it could apply.
After Biglari unleashes venom on Cracker Barrel, CEO fires back
Biglari Holdings’ Sardar Biglari is pushing for reforms at Cracker Barrel Old Country Store even as Biglari restaurant Steak n Shake teeters.
HAHN: Too much truck, house pinch retirement savings
The pandemic has highlighted the fragility of many Americans’ financial situations. We need to start prioritizing saving and self-reliance.
Namesake church in Holy Cross neighborhood looks for a savior
The massive Italian Renaissance edifice, with its 136-foot bell tower, in August landed for the second year in a row on Indiana Landmarks’ 10 Most Endangered list.
BOHANON & CUROTT: Looking behind the trade deficit that everyone seems to hate
Economists pretty much across the board argue that a nation’s trade balance is a byproduct of its investment opportunities and proclivity to save.
Letter: Lawmakers serve capitalist cronies
Life, Liberty, and the Pursuit of Happiness? Not with the crony capitalists currently running the General Assembly. They don’t seem to care about the well-being of their own constituents.
Lost convention business exceeds $535M, leading to further budget challenges
Overall, 340 groups, representing nearly 965,000 attendees, outright canceled their Indianapolis events this year because of the pandemic. The loss of business is taking a toll on the Capital Improvement Board’s revenue streams.
Lilly pushing ‘around the clock’ with FDA to get COVID-19 antibody treatment approved
Eli Lilly and Co. already has begun manufacturing the drug and expects to have 1 million doses by December, the executive in charge of COVID-19 research said Friday at IBJ’s Life Sciences Power Breakfast.
Indiana reports all-time daily high in new COVID-19 cases
The Indiana State Department of Health on Friday also reported 19 additional deaths from COVID-19, the 14th time in the past 17 days in which daily deaths have been in double digits.
Indianapolis-based IMH Products acquires Brownsburg manufacturer
IMH said it plans to move Mainstay’s equipment and its 38 employees to its Indianapolis facilities by year’s end. Both companies are in the metal fabrication business.
Google tries to turn YouTube into major shopping destination
Every toy, gadget and good you see on YouTube could soon be for sale online—not on Amazon, but right on YouTube itself.
Experts cite multiple reasons for lower worldwide COVID-19 death rates
Scientists are confident the change in death rates is real, but the reasons for it—and whether it will last—are a matter of intense debate.
Jennifer Wagner: We have another chance to do what’s right
Have we finally—after four painful years—reached the point where enough is enough?
High Alpha startup secures $5M seed funding for livestreaming music platform
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
Broad Ripple office project gets preliminary OK for $3.5M in bonds
A planned two-building office headquarters in Broad Ripple for staffing company Eight Eleven Group is another step closer to approval.
