Tech stocks pull down stock market for third straight day
Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights.
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KAR Global to expand digital auction options with $425M acquisition
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
A $5 million prize spurs competition for new COVID-19 rapid test
Tech behemoths Amazon.com Inc and Google are helping to back the award, which could have multiple winners. Indianapolis-based Anthem Inc. and six other Blue Cross Blue Shield health plans are contributing more than $4 million.
Computer glitches disrupt classes as schools return online
The online learning platform Blackboard, which provides technology for 70 of the nation’s 100 biggest districts and serves more than 20 million U.S. students, reported that websites were failing to load or were loading slowly.
Consumer borrowing shows second straight monthly gain
U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent consumer borrowing down sharply in the previous three months.
Doctors studying why obesity might be tied to serious COVID-19
Excess weight increases the chances of developing a number of health problems that can make COVID-19 patients more likely to get very sick. But there’s some evidence that obesity itself can increase the likelihood of serious complications from a coronavirus infection.
WTHR-TV’s Diaz to take over for departing morning anchor Hill
Ben Hill, who has co-anchored WTHR-TV Channel 13’s morning weekday news since 2016, is leaving Indianapolis for an anchor job in Nashville, Tennessee, WTHR announced Tuesday.
Indianapolis to use $7.1M in federal grants to house 500 homeless households
The funding will serve 350 people or families currently living in non-congregate shelters, especially those at risk of contracting COVID-19 and dying, and 150 unsheltered households that face high barriers to find housing.
Indianapolis Symphony Orchestra, musicians reach one-year agreement
ISO leadership and the musicians released a joint statement on Tuesday announcing the new contract, which runs through Aug. 29.
McConnell says Senate to vote on ‘targeted’ virus aid package
The move would clear the way for a Thursday test vote in which the $500 billion scaled-back bill—roughly half the size of a measure Republicans unveiled earlier this summer—is sure to be blocked by Democrats.
Book review: Novel ‘Monogamy’ explores unconditional love
Miller’s gift as a writer has always been finely drawn portraits of families and that talent is on full display here.
Indiana reports two-month low in COVID-19 cases, testing
The Indiana State Department of Health on Tuesday reported 12 more deaths from COVID-19, bringing the cumulative number to 3,156.
Indianapolis personal care products manufacturer Mansfield-King acquired
Founded in 2005 by Charles Haywood, Mansfield-King develops and manufactures products that are sold under its customers’ brand names. The east-side company has 154 employees.
Gardening: How to plant for fragrant summer nights
Neither evening stocks nor jasmine tobacco are particularly worthy plants by day. But as darkness falls, the petals of each of these flowers unfurl to release a delicious, heavy scent.
Wine: Keep summer vibes going a little longer with this $15 crisp Spanish rosé
Here’s a chance to taste history in an unusual red wine from southwestern Spain, as well as the future in a pinot noir from a cutting-edge, high-altitude winery in Patagonia.
Merritt resigning after 30 years in state Senate
State Sen. Jim Merritt announced Tuesday that he will resign from the position he’s held since 1990 to “seek other opportunities for service.” He still had two years left in his term.
Pets: Overfed and underexercised, some dogs are putting on pandemic pounds
In many cases, housebound humans are giving their dogs more attention and walks, boosting fitness for pets and people alike. But in others, veterinarians and professional dog walkers say, the changes have led to overfed and either underexercised or overwalked dogs—and to new joint problems and obesity.
$40M apartment project planned for Herron-Morton Place
The proposed project includes 234 multifamily units in the 2100 block of Central Avenue, along with nearly 12,000 square feet of new or redeveloped commercial space.
IBJ Podcast: Dissecting IU Health’s plans for a 44-acre campus downtown
IBJ’s John Russell joins podcast host Mason King to talk about what IU Health has revealed about its proposed Methodist Hospital campus—and what key questions remain.
Hopes fading for new coronavirus aid package as Congress returns
Talks between top Democrats and the Trump administration broke off last month and remain off track, with the bipartisan unity that drove almost $3 trillion in COVID-19 rescue legislation into law this spring replaced by toxic partisanship.