Blockbuster IPO market still calls for cautious approach
Wall Street has rolled out the welcome mat for companies going public this year, boosting proceeds from initial public offerings to the highest level in six years.
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Lawmakers act to avert shutdown, buying time for COVID relief talks
Amid the uncertainty, the House easily passed a one-week government-wide funding bill Wednesday that sets a new Dec. 18 deadline for Congress to wrap up both the COVID-19 relief measure and a $1.4 trillion catch-all spending bill that is also overdue.
Pfizer COVID-19 vaccine faces last hurdle before U.S. decision
Thursday’s meeting of the Food and Drug Administration’s vaccine advisory panel is likely the last step before a U.S. decision to begin shipping millions of doses of the shot, which has shown strong protection against the coronavirus.
Lawyer reprimanded, but escapes discipline charges in Park Tudor scandal
Prominent Indianapolis employment law attorney Michael Blickman received a public reprimand from the Indiana Supreme Court related to his handling of a former high school basketball coach’s student sexting scandal.
Indiana set to receive more than 55,000 doses of COVID-19 vaccine next week
Dr. Lindsay Weaver, the state’s chief medical officer, said the state has been told it will receive 55,575 initial doses of the Pfizer vaccine next week.
UPDATE: Holcomb directs state’s hospitals to delay non-emergency procedures
Indiana Gov. Eric Holcomb on Wednesday said he was directing hospitals across the state “to postpone or reschedule non-emergent procedures done in the in-patient hospital setting” from Dec. 16 to Jan. 3 to ensure they are not overwhelmed by the COVID-19 pandemic.
U.S. government, states sue Facebook for ‘predatory’ conduct
Federal regulators on Wednesday sued to force a breakup of Facebook as 48 states and districts accused the company in a separate lawsuit of abusing its market power in social networking to crush smaller competitors.
Local homeless prevention group chosen for grant launched by Bezos
The Coalition for Homelessness Intervention and Prevention of Indianapolis has been chosen to receive a $1.25 million grant from a fund launched by Amazon founder and CEO Jeff Bezos.
Purdue, IU call off Old Oaken Bucket football game
The schools announced a mutual agreement to cancel Saturday’s scheduled football game due to rising COVID-19 numbers. The game, which was first played in 1891, has taken place every year since 1920.
Vaccines herald return to offices, but most workers don’t want to go
More than half of U.S. employees currently working from home say they’d like to keep their remote arrangements beyond the pandemic, according to a Pew Research Center survey released Wednesday.
Indiana reports 5,853 new COVID-19 cases, 98 more deaths
Statewide hospitalizations due to COVID-19 slipped slightly, from 3,250 on Monday to 3,244 on Tuesday.
16 Tech innovation district picks design team for $14.5M bridge
The design team announced Wednesday will be led by Stuttgart, Germany-based engineering firm Schlaich Bergermann Partner, or SBP, in collaboration with New York City-based Practice for Architecture and Urbanism, or PAU, and seven other firms.
Indiana museums to receive $8 million from Lilly Endowment
The Lilly Endowment Inc. has awarded more than $43 million to 18 museums and cultural organizations across the country, including four in Indiana.
United Kingdom probing if allergic reactions linked to Pfizer vaccine
British regulators warned Wednesday that people who have a history of serious allergic reactions shouldn’t receive the new Pfizer-BioNTech vaccine as they investigate two adverse reactions that occurred on the first day of the country’s mass vaccination program.
Clothing retailer Express leaving Circle Centre after 25-year run
The struggling national fashion retailer—an original tenant in the downtown mall—has four other stores in the Indianapolis area.
New White House offer adds $600 checks to COVID-19 relief package
The $916 billion offer, the separate ongoing talks among key rank-and-file senators, and the shifting demands by the White House all add up to muddled, confusing prospects for a long-delayed COVID-19 aid package.
Pandemic tames health care cost growth for some employers
Large U.S. employers saw their smallest health care cost increase in more than two decades due to the COVID-19 pandemic, and workers might benefit from that next year, according to the consulting firm Mercer.
Emmert says NCAA must stay open to reform
In a 25-minute interview, NCAA President Mark Emmert said the NCAA and its member schools have shown an uncommon ability to be nimble and responsive in addressing issues of eligibility, scheduling, recruiting, transfers and conducting championship events.
High court takes on Fannie Mae, Freddie Mac presidential power case
The case could mean undoing an agreement between the mortgage giants and the government that has sent about $246 billion in their profits to the Treasury. That was compensation for the taxpayer bailout they received after the 2007 housing market crash.
Charities, let IBJ’s Wish List know what you need most
The list publicizes goods and services needed by not-for-profits in the Indianapolis area, in the hope that a business or individual donor will come forward.