Indiana credit unions pursue growth by buying banks
The banking industry, which argues that credit unions’ tax-exempt status gives them an unfair edge, objects to the trend.
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Risk of reopening U.S. economy too fast: A W-shaped recovery
Now, as President Donald Trump and many Republicans press to reopen the economy, some experts see an ominous risk: That a too-hasty relaxation of social distancing could ignite a resurgence of COVID-19 cases by fall, sending the economy back into lockdown.
The car is staging a comeback, spurring oil’s recovery
James Li, a public relations account director, would rather spend an hour sitting in Beijing traffic than risk 30 minutes exposed to crowds on a train. “Traffic is as bad as it could be” but the subway is still too dicey, he said. In Frankfurt, real estate assistant Anna Pawliczek is driving to work for […]
Liz Malatestinic: New normal? It’s the evolving normal.
Perhaps the biggest key to making effective plans in all this is flexibility.
Memory Bank: Eating popsicles in the 1950s
This photograph of children eating popsicles in front of an old store was taken by James O. Fox at an unmarked location, but likely on the near-west side in the 1950s.
Editorial: Delta’s Indy-to-Paris flight is still worth fighting for
The Indianapolis International Airport’s journey back from the coronavirus crisis won’t be complete—and the city and state won’t be made whole—without the return of nonstop service overseas.
Marina Hadjioannou Waters: Communication—with all communities—is critical in a crisis
We must provide as many people as possible access to health and safety information in their primary language. Failure to do so threatens the health of every one of us.
Kenny Blickenstaff: Pandemic helps explode the investment diversification myth
Reality seems to echo Warren Buffett, who famously stated, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.”
Letter: IndyGo vitriol is unwarranted
The state law that requires IndyGo to raise private funds is a poison pill promulgated to punish a successful vote.
Letter: See your doctor, but do it safely
At Hancock Health, we believe the key to unlocking patients’ reluctance to seek treatment lies in implementing a robust safety plan.
Q&A: Kevin Berkopes on expanding Crossroads Education’s reach
The company has received an anonymous $500,000 donation that it will spend to expand its Learning Commons tutoring program to 10 more schools in Indiana.
Record-low interest rates have sparked a refinancing free-for-all
A borrower who took out a 30-year, $200,000 mortgage in 2018 at an interest rate of 4.55% would have a monthly payment of $1,019. By refinancing into a 30-year mortgage with a 3.46% interest rate, the monthly payment would drop to $865.
Mitch Daniels: Beware of the pandemic of second-guessing
I’m worried about preventing a sickness, one we’ve been through before—much more recently than the last pandemic flu.
Gaming Commission approves Terre Haute casino license
The Indiana Gaming Commission on Friday awarded a casino license to Spectacle Jack, which plans to build a $120 million casino near Interstate 70 and State Road 46 in Terre Haute.
House Dems near passage of $3T relief bill despite Trump’s veto threat
The sweeping legislation, dubbed the “Heroes Act,” also faces opposition within the House Democratic caucus, with some moderate lawmakers objecting to voting on a bill that they all know will not become law.
State reports uptick in new COVID-19 cases, another 42 deaths
The Indiana State Department of Health reported that 165,448 people have been tested so far, up from 160,239 in Thursday’s report—an increase of 5,209.
Industrial production plunged unprecedented 11.2% in April
American industry was running at 64.9% of capacity last month, shattering the previous record low set in the Great Recession year 2009.
Area homebuilders saw applications rise in April despite pandemic limitations
Applications for home construction permits rose 5% in the Indianapolis area in April, marking the ninth monthly increase in the past 10 months on a year-over-year basis.
U.S. retail sales plunged record 16% in April amid shutdowns
A long-standing migration of consumers toward online purchases is accelerating, with that segment posting a 8.4% monthly gain.
Scale co-founder launches AI-based software firm to help streamline business management
Executive coach Peter Fuller developed an artificial intelligence-driven platform that lets business leaders know how effectively they’re leading their firm and whether their company is headed in the right direction.