Cornerstone plans $15M medical project in Carmel, makes $60M in acquisitions
Cornerstone Cos. Inc.’s latest local project is a three-story, 40,000-square-foot medical office building along North Meridian Street for four tenants.
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Two of area’s top residential real estate agencies join forces
In a deal that brings together two of central Indiana’s top real estate agents, powerhouse residential brokerage Berkshire Hathaway HomeServices Indiana Realty has acquired ERA Real Estate Links.
Three major downtown hotels set July reopening dates
The three hotels were among several throughout the city to temporarily suspend operations during the pandemic.
Congress extends relief program for COVID-slammed businesses
The U.S. House on Wednesday easily passed a temporary extension of the Paycheck Protection Program, speeding the measure to President Donald Trump.
Holcomb unveils campaign to promote masks, but won’t mandate using them
Indiana Gov. Eric Holcomb is launching a marketing campaign to emphasize the importance of wearing a mask in public to stop the spread of COVID-19.
State changes course, to release facility-specific nursing home virus data
After months of refusing to provide COVID-19 data on individual nursing homes, state officials have changed their minds. Nearly half of Indiana’s deaths from COVID-19 can be traced to the facilities.
Senators press NCAA for coronavirus rules, criticize schools’ liability waivers
To this point, having received recommendations but no mandates from the Indianapolis-based NCAA, universities have implemented widely varying plans to deal with the novel coronavirus for the upcoming academic year.
City to spend $1M in relief funds on tourism marketing campaign
Called “You’ve Earned It,” the campaign seeks to boost Indianapolis’ tourism industry, which has been deeply hurt by the COVID-19 pandemic and related shutdowns.
Holcomb delays Indiana’s entry into Stage 5 of recovery plan
Under Stage 5, which had been expected to begin Friday, almost all restrictions were supposed to be lifted. Instead, the governor said Indiana will implement a “Stage 4.5” from July 4-17.
Indiana COVID-19 cases, deaths saw significant drop in June
COVID-19 cases in Indiana have increased over the past week, but were down significantly in June compared with May. Deaths from the virus also saw a big decline in June, while testing rose dramatically.
Pfizer reports encouraging early COVID-19 vaccine data
There was a concerning signal in the Pfizer trial: The majority of people given an intermediate dose of the vaccine developed fevers, chills and other low-grade symptoms that lasted a day.
Holcomb appoints new Department of Labor commissioner
Gov. Eric Holcomb announced Wednesday morning that Joe Hoage, who has been general counsel for the Indiana Bureau of Motor Vehicles since 2017, will become commissioner of the agency on July 13.
Pay cuts for millions of U.S. workers worsen the pain of pandemic
At least 4 million private-sector workers have had their pay cut during the pandemic, according to economists who worked on a labor market analysis for the University of Chicago’s Becker Friedman Institute.
Survey: U.S. companies added 2.4 million jobs in June
The payroll company ADP said Wednesday that small businesses reported the biggest increase, adding 937,000 jobs. Among industries, construction firms, restaurants and hotels, and retailers posted large gains in hiring.
Novartis unit to build plant for targeted cancer drugs in Indianapolis
A subsidiary of Swiss drug giant Novartis AG announced plans Tuesday to build a targeted radioligand therapy plant at Purdue Research Park near Indianapolis International Airport.
Handheld phone ban, other laws take effect Wednesday in Indiana
New state laws affecting phone use in cars, tobacco fines, teen marriage and gasoline taxes begin this week.
Senate reaches deal to extend Paycheck Protection Program
Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.
Fauci: United States could reach 100,000 new cases a day
Dr. Anthony Fauci said areas seeing recent outbreaks are putting the entire nation at risk. He cited recent video footage of people socializing in crowds, often without masks, and otherwise ignoring safety guidelines.
Stocks close out best quarter since 1998 with more gains
The whiplash that ripped through markets in the second quarter came as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
New public-private task force to tackle downtown problems
Organizers on Tuesday announced the formal launch of a business and community task force that will try to address issues facing downtown Indianapolis stemming from the pandemic and social unrest.