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Indiana lawmaker quitting weeks after winning reelection

November 24, 2020 | Associated Press

State Rep. Christy Stutzman said she needed to devote more time to her family’s business after the family and business partners earlier this year bought the former Amish Acres tourist attraction that they renamed The Barns at Nappanee.

Entrepreneur plans restaurant, recreational project in Broad Ripple

November 25, 2020 | Mickey Shuey

A local entrepreneur plans to redevelop the former Broad Ripple Steakhouse restaurant site and an adjacent property into a multi-tenant dining concept and outdoor recreation area. The development would utilize numerous shipping containers in its design.

Consumer spending up only slightly as virus maintains grip

November 25, 2020 | Associated Press

U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted.

Indiana Landmarks helping to preserve historic World’s Fair homes

November 29, 2020 | Associated Press

When the National Park Services launched Indiana Dunes National Lakeshore, as it was known then, in the 1960s, it inherited a number of historic structures, including the World’s Fair homes.

More than half of PPP funds went to larger businesses, new data show

December 2, 2020 | The Washington Post

According to data on the government’s Paycheck Protection Program, about 600 mostly larger companies, including dozens of national chains, received the maximum amount allowed under the program of $10 million.

U.S. employers scale back hiring as pandemic intensifies

December 4, 2020 | Associated Press

America’s employers added 245,000 jobs in November, the fewest since April and the fifth straight monthly slowdown, the Labor Department said Friday.

Despite foreclosure, experts see bright future for The Shops at Perry Crossing

December 4, 2020 | Mickey Shuey

The shopping center—the 10th-largest in the Indianapolis area, at 600,200 square feet—was repossessed by its lender in October, after Memphis-based owner Poag Shopping Centers LLC defaulted on a $29.9 million loan balance in June. It’s the second foreclosure for the property, which used to be called Metropolis.

Jobless claims jump nationally, in Indiana amid resurgence of virus

December 10, 2020 | Associated Press

The latest figures coincide with a surging viral outbreak that appears to be weakening the job market and the economy and threatening to derail any recovery.

Warehouses luring more cash than offices in pandemic-fueled flip

December 10, 2020 | Bloomberg News

Investors have poured money into industrial properties in 2020, spending more on U.S. warehouses than office buildings for the first time as social-distancing pushes even more consumers to e-commerce.

Pollstar: Live events industry lost $30B due to pandemic

December 11, 2020 | Associated Press

Pollstar on Friday said the live events industry should have hit a record-setting $12.2 billion this year, but instead it incurred $9.7 billion in losses.

2020 CFO of the Year: Camille “Camy” Broeker

December 11, 2020 | Tom Harton

Camille Broeker is responsible for the financial oversight of the IUPUI campus, including its $1.65 billion operating budget.

COVID puts Legislature in fiscal vise in upcoming budget session

December 11, 2020 | Lindsey Erdody

Leaders promise K-12 education will be the top priority, but they also acknowledge that every line item in the spending plan is at risk of cuts.

Retail sales experience biggest drop in seven months

December 16, 2020 | Associated Press

Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.

Holcomb’s agenda calls for increasing K-12 funding, continuing existing programs

December 17, 2020 | Lindsey Erdody

Indiana Gov. Eric Holcomb on Thursday morning announced his 2021 legislative agenda, which largely focuses on continuing projects and programs his administration has already been pursuing.

Fort Harrison’s last historic building up for grabs

December 17, 2020 | Susan Orr

The building, which formerly served as the post exchange for soldiers stationed at Fort Benjamin Harrison, was offered for sale by the Fort Harrison Reuse Authority this week. Also this week: Tru by Hilton, Culver’s and more.

Pandemic prompts developer to reassess what to build next at Bottleworks District

December 18, 2020 | Mickey Shuey

Hendricks Commercial Properties has begun preliminary discussions on phase two, but hasn’t decided whether to stick with its original plan that emphasized office space.

Lawmakers seek to shield businesses from COVID lawsuits

December 18, 2020 | Lindsey Erdody

Several state lawmakers have been drafting coronavirus immunity legislation over the past several months as efforts in Congress to pass federal legislation have stalled.

City turns to hotels to help house homeless through pandemic winter

December 18, 2020 | Samm Quinn

The usual plan, which involves packing people closely on as many cots and mats as Wheeler Mission’s shelters can hold, isn’t an option under social distancing guidelines.

White House secures ‘three martini lunch’ tax deduction in draft of relief package

December 20, 2020 | The Washington Post

The tax break for corporate meal expenses has been denounced by congressional Democrats, but they agreed to the provision in exchange for expanded tax credits for low-income families and the working poor.

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