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IPS returning to in-person learning for all grades on April 5

March 6, 2021 | Associated Press

Schools still must be able to maintain 3 feet of social distancing, require masks, and ensure a strong contact tracing protocol, Superintendent Aleesia Johnson said.

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Statewide hospitalizations due to COVID-19 hit lowest mark since July 6

March 6, 2021 | IBJ Staff

The state said more than 677,000 Hoosiers had been fully vaccinated against COVID-19. More than 1.1 million had received the first dose of a vaccination.

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Highlights of COVID-relief package include more aid for jobless

March 6, 2021 | Associated Press

As approved by the Senate on Saturday, the legislation also would send $350 billion to state and local governments, $130 billion in additional help to K-12 schools and $60 billion for COVID-19 testing and vaccine distribution.

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Biden, Dems prevail as Senate OKs $1.9T virus relief bill

March 6, 2021 | Associated Press

After laboring through the night on a mountain of amendments—nearly all from Republicans and rejected—bleary-eyed senators on Saturday approved the sprawling package on a 50-49 party-line vote.

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Former Stutz owner plans redevelopment of three Carmel properties

March 5, 2021 | Kurt Christian

Turner Woodard, the former majority owner of the Stutz Business and Arts Center in downtown Indianapolis, has purchased the former Rich’s Home Furnishings showroom in Carmel to redevelop as the first in a series of three new projects in the northern suburb.

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Late-day rebound propels stock market to big gains

March 5, 2021 | Associated Press

Investors were encouraged by a government report that U.S. employers picked up the pace of hiring last month.

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Indianapolis Business Journal – February 5 – 11, 2021

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Federal advisory board votes to drop controversial for-profit-college accreditor

March 5, 2021 | The Washington Post

The council gained notoriety for allowing for-profit chains Corinthian Colleges and Carmel-based ITT Technical Institute to remain accredited despite widespread findings of fraud.

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U.S. consumers eased off credit card borrowing in January

March 5, 2021 | Associated Press

Consumer borrowing is closely watched for indications about Americans’ willingness to take on more debt to finance their spending, which accounts for two-thirds of U.S. economic activity.

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Attorney General Rokita gives up private-sector job after scrutiny

March 5, 2021 | IBJ Staff

Indiana Attorney General Todd Rokita, who drew criticism last month over his decision to retain employment with a health care benefits business while serving in his elected position, says he has “concluded” the private-sector job.

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Bohanon & Curott: Price mechanism could help to distribute vaccines, boost economy

March 5, 2021 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

The price mechanism could be enormously useful in reallocating the vaccine from places where the capacity to vaccinate is lacking to places where it can be effectively used.

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Editorial: Bill to create carbon marketplace is step forward for business, environment

March 5, 2021

Senate Bill 373 would create a state-sponsored carbon market in Indiana that would help pay for efforts to reduce the amount of greenhouse gases that get trapped in Earth’s atmosphere.

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Nate Feltman: Focusing on the business of sports has served Indy well

March 5, 2021 | Nate Feltman

Hosting March Madness is an opportunity that has been in the making for nearly four decades as city leaders focused their economic development efforts on the business of sports.

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Pete the Planner: Don’t use stimulus to create habits you can’t sustain

March 5, 2021 | Peter Dunn

I’m happy that our familiar manifestations of joy are on the horizon, but my crystal ball (my hairless head) tells me 2022 and 2023 could produce the largest consumer debt burdens of all time.

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Sheila Suess Kennedy: How gerrymandering has deepened the urban-rural divide

March 5, 2021 | Sheila Suess Kennedy

In a country that is increasingly removed from anything resembling actual democracy, people who live in the nation’s cities have demonstrably less political voice than do their country cousins.

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Kayla Britton: Restructuring considerations for the distressed company

March 5, 2021 | Kayla Britton

Many businesses are facing liquidity constraints or are being required to redesign their business model to respond to evolving consumer trends or supply-chain disruptions.

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NCAA tournament will be no party for event venues

March 5, 2021 | Mickey Shuey

Other than a few facilities that will be COVID testing sites, team lounges or overflow areas, most event spaces that usually glean revenue from tournament gatherings could be left out in the cold.

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David Gaspar: The irony of the bail industry trying to regulate charitable bail

March 5, 2021 | David Gaspar

Under proposed legislation, if a charitable bail organization wanted to assist more than four people a year, it would need to be represented by a for-profit bail bond agent.

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Are cryptocurrencies on the verge of going mainstream?

March 5, 2021 | Susan Orr

The Office of the Comptroller of the Currency, which regulates federally chartered U.S. banks, has recently given banks the go-ahead to engage in certain types of cryptocurrency transactions.

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Whitestown youth-sports project could be part of larger partnership

March 5, 2021 | Kurt Christian

A local developer and a Missouri-based startup view a former junkyard as a proving ground—for young athletes, and also for the firms’ goal to build a network of youth-sports developments.

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