Indiana unemployment rate improves to 12.3%
The state’s jobless rate hit a whopping 17.5% in April, according to revised numbers released Friday by the Indiana Department of Workforce Development, before falling in May.
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IndyCar plans season’s first races with fans in stands next month
Tickets are being sold for races July 11 and 12 at Road America, a four-mile, 14-turn road course in Wisconsin where fans can spread out. And a limited number of tickets will be available for the races at the short oval at Iowa Speedway on July 17 and 18.
Rose-Hulman grad helping prevent wildfires with new technology
Wes Bolsen, the founding CEO of Denver-based LaderaTech, brought to market what experts are calling a revolutionary spray-on flame retardant that adheres to grass and plant life for remarkably long periods of time.
Simon sues tenant Brooks Brothers, seeks $8.7M in unpaid rent
The suit, filed Wednesday in Marion County Superior Court, says the retailer failed to pay rent for April, May and June while closed during the pandemic.
Cancer chief warns delays in care likely to result in thousands of extra deaths
Estimates by the National Cancer Institute show there will be 10,000 more breast and colorectal cancer deaths over the next decade than would have been expected without the coronavirus. The director said that estimate was perhaps too conservative.
State could miss $330M in tax revenue from depleted hospitality industry
States and municipalities throughout the country are expected to miss out on about $16.8 billion in taxes this year because of the pandemic’s impact on the hospitality industry, a new study says.
Republic Airways, Zylo, KSM, Woven, Kronos among winners at Mira Awards
The 21st annual event had been scheduled to take place April 18 at the JW Marriott Indianapolis, but TechPoint postponed it due to the pandemic and decided to hold it virtually Thursday night.
Sen. Rubio introduces bill to help NCAA make uniform compensation changes
Florida Sen. Marco Rubio’s bill would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances.
Incumbent AG Hill defends himself during virtual GOP convention
During Thursday night’s state GOP convention, which was shifted to a virtual format due to the pandemic, Attorney General Curtis Hill compared himself to President Donald Trump, saying Trump also has faced false accusations and smears.
Wall Street eyes alternative data to track economy reopening
Because conventional economic reports on hiring, consumer confidence and spending can lag a month or more, investment strategists are looking at other indicators.
Rival Taubman says Simon has buyer’s remorse on mall merger
Taubman Centers said in a filing alleging illegal termination that rival mall landlord Simon Property Group knowingly assumed the risks of the pandemic at the time their $3.6 billion merger deal was announced.
GIPC forms working group to provide legal services, make policing recommendations
The Greater Indianapolis Progress Committee on Thursday announced the creation of a working group to look at ways to tackle racism and bias in Indianapolis.
Court rejects Trump administration’s bid to end DACA immediately
The justices rejected administration arguments that courts have no role to play in reviewing the decision to end the 8-year-old Deferred Action for Childhood Arrivals Program. The program covers people who have been in the United States since they were children and are in the country illegally.
State reports increase of 425 COVID-19 cases, 15 more deaths
The Indiana State Department of Health on Thursday said 36.9% of Indiana’s intensive car unit beds and 81.6% of its ventilators are available.
TechPoint names entrepreneur Andersen 2020 Trailblazer Award winner
Kristian Andersen will be recognized Thursday night during a live broadcast of TechPoint’s 21st annual Mira Awards, which are being held virtually for the first time, due to the pandemic.
Protesters sue city over IMPD’s use of tear gas, pepper balls during demonstrations
The American Civil Liberties Union of Indiana filed the lawsuit Thursday in the U.S. District Court for the Southern District of Indiana on behalf of Indy10 Black Lives Matter and three individuals.
Six-story apartment building planned for vacant lot on Carmel’s Main Street
A developer is reworking his plans for an apartment building on Carmel’s Main Street to align the proposed $17 million project with future needs of residents and increase its chances of getting city approval.
Indiana sees 2nd straight uptick in jobless claims amid national decline
Weekly claims had been declining in Indiana during the pandemic until increasing the past two weeks.
Powell: A stronger job market key to combating inequality
Federal Reserve Chairman Jerome Powell reiterated his belief that Congress must avoid withdrawing its own rescue efforts too quickly or else the most disadvantaged households would disproportionately suffer.
U.S. virus outbreaks stir clash over masks, personal freedom
The mask debate is playing out nationwide, notably in hard-hit states where face coverings have become a political and cultural debate.