It was the worst day for Wall Street’s benchmark S&P 500 index since February, and the price of oil fell about 13%, the biggest decline since early in the pandemic, amid worries of another slowdown in the global economy.
A World Health Organization panel suggested omicron could pose greater risks than delta, which is the world’s most prevalent variant and has fueled relentless waves of infection on every continent.
The $1.2 trillion law could be a boon for huge corporations like Cummins Inc. and Allison Transmission Inc. and smaller ones like Telamon Corp., 120Water Inc. and BCA Environmental Consultants LLC.
That’s nearly three times the acreage purchased in the two decades prior, and a major expansion for a municipal parks agency with no land-acquisition budget.
Indianapolis is moving ahead with the next two legs of its massive bus rapid transit project, after a messy legislative session and pandemic-related problems threw a wrench in the timeline.
Legislative leaders said they now will plan to address COVID-19 vaccine mandates and the public health emergency during the regular session in January.
Duke Energy Indiana wants to spend about $1.9 billion to upgrade its electric grid, a move it says would result in few and shorter power outages and would harden the grid against severe weather.
City Nail Bar could open on South East Street, where recent commercial launches include an ice cream shop, a chiropractic office, a makeup and skincare salon and a massage therapy studio.
Another 17 deaths from COVID-19 were reported to the state on Tuesday, raising the total to 16,805.
U.S. consumer spending rebounded in October, rising by a a solid 1.3% despite rising inflation that over the past year has reached the fastest pace in more than three decades.
Since topping 900,000 in early January, the applications have fallen steadily toward and now fallen below their prepandemic level of around 220,000 a week.
The expectation is that the economy in the current October-December quarter could grow at the strongest pace this year, with some economists forecast GDP could surge to an 8% rate in the fourth quarter.
For Rosemond, the first African American woman to make equity partner at Barnes & Thornburg, success hasn’t been an easy road. Dawn tells podcast host Angela B. Freeman about her experiences blazing a trail for Black women in law, her journey to finding herself and how she’s changed since the death of George Floyd.
The number of air travelers this week is expected to approach or even exceed pre-pandemic levels, and auto club AAA predicts that 48.3 million people will travel at least 50 miles from home over the holiday period, an increase of nearly 4 million over last year.
Coy, who has been at the organization since 2017, overseeing the first phase of development at the 50-acre 16 Tech Innovation District, is stepping down after a long career in economic development.
The new goal is for all remaining refugees to receive resettlement assignments by the end of the year, although the holiday season and winter weather events could delay the time to early 2022.
The legal tussle over the vaccine mandate for larger private employers is one of several challenges over Biden administration vaccine rules. Courts so far have not halted two other mandates—one for health care workers and one for contractors for the federal government.
Samsung said the new facility will boost production of high-tech chips used for 5G mobile communications, advanced computing and artificial intelligence, and also improve supply chain resilience.
Republican leaders are trying to speed legislation through the Indiana General Assembly that would effectively force private employers that mandate COVID-19 vaccinations for employees to allow for any medical or religious exemptions—no questions asked.
Another 51 deaths from COVID-19 were reported to the Indiana State Department of Health on Tuesday, raising the total to 16,788.
