Nearly half of eligible Hoosiers now vaccinated for COVID-19
The state on Friday reported 218 new COVID-19 cases, marking the 17th straight daily report with fewer than 500 cases.
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Library under fire after ex-employee raises racism allegations
Some other employees and a former trustee interviewed by IBJ also say library management and board members have not fully and appropriately dealt with such matters in a constructive, public way.
Bank sues former Carmel staffers who left for rival
Busey Bank says it has lost more than $100 million in loans to a competitor because of “brazen and systematic poaching” of its employees.
Newfields’ new chair seeks to undo harm of race controversy
Darrianne Christian in May became the first Black woman to chair the Newfields board of trustees, just months after the art museum and gardens faced an uproar over its handling of race and inclusion issues.
State pours $75M into novel career training fund
The Indiana Career Accelerator Fund will award financial aid to qualified students to use for training in high-demand, high-wage sectors that leads to an industry credential in six months or less.
Capital Improvement Board sees first financially positive month since pandemic
The operator of the city’s convention facilities reported its best monthly financial performance since the pandemic led the Indiana Convention Center to temporarily close down in March 2020.
City Market moves forward with rent-deferment program
A struggling Indianapolis City Market is offering a rent-deferment program that could help merchants who’ve been hit hard by the pandemic and road reconstruction. The move comes as the market is looking at its own finances, with plans to ask the city for a bailout.
Panelists: Companies can make supply chains more resilient to disruption
Companies that map their supply chains can gain insights into where its various tiers of suppliers are located, the relative importance of each supplier and other critical data points, industry experts said at an IBJ event Friday.
Airport working with city to dispense of Indianapolis Downtown Heliport
Under the partnership, the airport and city are expected to “work cooperatively” to find new potential uses for the 4.9-acre property, which aviation officials have requested to close following a decline in the facility’s use in recent years.
Local sports tech startup RefReps calls audible, poised for explosive growth
RefReps has grown so fast in the six months since its launched that company officials have had to show some fancy footwork and change directions to capitalize on a national, if not global, opportunity.
Q&A with Mike Schmuhl, new chairman of Indiana Democratic Party
IBJ recently had a chance to talk to Schmuhl about his rebuilding efforts—and the prospect of Pete Buttigieg coming back to Indiana to run for office.
Central Indiana existing-home sales, prices continue to escalate
On a year-to-date basis, closed sales are up 10.9% so far this year, to 13,666, compared with 12,320 in the first five months of 2020.
Brief, global internet outages blamed on software bug
A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours on Thursday.
Dems eye $6T plan on infrastructure, Medicare, immigration
Half of the total in the $6 trillion plan is expected to be paid for with Biden’s proposed taxes on corporations and those earning more than $400,000.
Indiana unions sue over yearly hurdle on teacher union dues
Unions representing teachers with the Anderson, Avon and Martinsville school districts and the teachers who lead them filed the lawsuit in U.S. District Court in Indianapolis.
Furor rages over FDA approval of controversial Alzheimer’s drug
Critics have blasted the approval of Aduhelm, saying the drug—with a list price of $56,000 a year per patient—offers false hope while threatening Medicare’s financial health and patients’ pocketbooks.
Obamacare survives: Supreme Court dismisses third challenge to Affordable Care Act
The justices, by a 7-2 vote, left the entire law intact in ruling that Texas, other GOP-led states and two individuals had no right to bring their lawsuit in federal court.
Ohio-based CFBank entering Indianapolis market
Indianapolis is the first non-Ohio market and the fourth market overall, for CFBank. The company has hired a market president and is currently scouting for office space.
U.S. jobless claims tick up to 412K from pandemic low
The latest numbers show Hoosiers filed 4,641 initial unemployment claims during the week ended June 12, a drop of 465 from the previous week.
Indiana reports 232 new COVID-19 cases, one additional death
Statewide hospitalizations due to COVID-19 dipped from 532 on Tuesday to 475 on Wednesday, the lowest number since the opening weeks of the pandemic.