Four Big Tech CEOs facing questions from Congress on competition
Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple are set to answer questions about market dominance in the industry.
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Insurer Anthem’s profit swells, helped by drop in claims
Anthem Inc.’s second-quarter profit doubled on a year-over-year basis as a pandemic-induced drop in claims and a new business pushed the Blue Cross-Blue Shield insurer’s earnings past expectations.
Former Gov. Joe Kernan dies at 74, after battle with Alzheimer’s disease
Kernan was elected lieutenant governor in 1996 running on a ticket with Democrat Frank O’Bannon. They were reelected in 2000, but O’Bannon died suddenly after a stroke in 2003, and Kernan ascended to the Governor’s Office.
16 Tech announces names for innovation hub, artisan marketplace
The innovation hub, expected to open early next year, is part of a $500 million, 50-acre campus along Indiana Avenue. The hub’s new name is a nod to the site’s history as the former Citizens Water headquarters.
Lilly gets closer to first blood test for Alzheimer’s disease
An experimental blood test from Indianapolis-based Eli Lilly and Co. was highly accurate at distinguishing people with Alzheimer’s disease from those without it in several studies, boosting hopes that there soon may be a simple way to help diagnose the condition.
Noblesville approves $14M bond package for Village at Federal Hill project
The $32 million plan includes 160 apartments, more than 400 parking spaces, and 30,000 square feet of commercial space for retail or office uses.
GOP’s jobless benefit changes could mean big delays, states warn
Older state computer systems that took weeks to set up for the initial federal unemployment enhancement would need to be reprogrammed again twice under the new GOP plan.
Carmel cancels Christkindlmarkt, ice skating due to coronavirus concerns
The two winter attractions drew more than 300,000 people to the northern Indianapolis suburb over a four-month period last winter, the city said.
Struggling merchants, insurers battle over pandemic coverage
So many lawsuits have been filed against insurers in the U.S. that a Thursday hearing has been scheduled before a federal judicial panel in Washington to decide how to manage them all in the months—and possibly years—ahead.
Union leader: Teachers may walk out if forced into unsafe schools
The executive council of the 1.7 million-member American Federation of Teachers approved a resolution Friday giving AFT affiliates across the country authorization to stage strikes.
Law schools expecting first-year enrollment to remain steady
Despite the upheaval and uncertainty the pandemic has created for legal education, law school admissions officers say this fall’s first-year law class will likely be the same size, if not bigger, than the class that started in fall 2019.
Labor unions petition Transportation Department for mandatory mask rule
The president of the Transportation Trades Department, a coalition of 33 unions, wrote in the petition that the government needed to set clear rules for the use of masks to protect workers and passengers from the coronavirus.
Indianapolis Indians to weigh name change after 118 years with same moniker
The club said Tuesday that it “will be forming a committee to explore” its name and determine whether a change is necessary, amid pushback from Native Americans who view it as inappropriate.
Women renew legal claims against Indiana attorney general
The new lawsuit filed by Democratic state Rep. Mara Candelaria Reardon of Munster and three female legislative staffers seeks unspecified monetary damages from Attorney General Curtis Hill and his retraction of defamatory statements.
Indiana reports 809 new COVID-19 cases, 16 more deaths
Indiana’s health department on Tuesday also reported 9,079 new COVID-19 tests, the seventh time in eight days when daily testing has exceeded 9,000.
Fed extends lending programs as pandemic’s impact lengthens
The extension of seven emergency lending programs through the end of the year is an acknowledgement that the programs might be necessary for longer than was first thought as the nation struggles to control the coronavirus.
Cummins exceeds expectations despite historic drop in quarterly revenue
Cummins said it expects sales to improve in the third quarter, although the pandemic continues to create considerable uncertainty.
eHealth planning hiring surge at north-side regional headquarters
The company said it plans to hire 150 sales agents who will work from home during the pandemic, just like the firm’s existing local workforce of 190.
Owner of vacant Anthem building on Circle now open to multiple tenants
The owner of the 213,600-square-foot office building had hoped to sign a single user for the high-profile property, but its strategy has become more flexible in the year and a half it has remained empty.
City, Kite reach deal for $550M Pan Am Plaza project—with up to 2-year delay
The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.