Elliott to retire as CEO of Gleaners Food Bank
John Elliott plans to retire from the organization in September 2022 after six years as chief executive, he announced Monday.
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Indiana life science companies land a record $433M in venture capital in 2021
Indiana’s life-sciences sector, often hailed as a key driver of the state’s economy, landed a record $433 million in venture funding last year, despite the COVID-19 pandemic that challenged so many other sectors, from restaurants to airlines.
Justices to hear challenge to race in college admissions
A decision against the schools could mean the end of affirmative action in college admissions.
Dow drops 1,000 points as markets extend slide in 2022
Stocks extended their three-week decline on Wall Street and put the benchmark S&P 500 on track to a so-called correction—a drop of 10% or more from its most recent high.
FDA expected to sharply restrict use of monoclonal antibodies made by Lilly, Regeneron
The Food and Drug Administration is poised as soon as Monday to restrict two monoclonal antibodies, saying the COVID-19 treatments should not be employed in any states because they are ineffective against the dominant omicron variant, according to two senior administration health officials.
Fed to signal rate hike as it launches risky inflation fight
Among the central bank officials, there is broad support for a rate increase—one that would come much sooner than the officials had expected just a few months ago. But after that, their policymaking will become more complicated and could sow internal divisions.
Central Indiana homebuilders see busiest year since 2005
Eight of the nine counties in the Indianapolis area saw a year-over-year increase in single-family building permit filings in 2021.
Kohl’s confirms approach about potential acquisition
Kohl’s said Monday that its board is reviewing the offers, sending shares up more than 30% in early trading Monday.
IBJ Podcast: Tom Griswold isn’t ready to pass the torch on ‘The Bob & Tom Show’
In a wide-ranging conversation with IBJ reporter Dave Lindquist, Tom Griswold of “The Bob & Tom Show” talks about working with his sons (one on the air and one off), recovering from heart surgery and the future of the iconic radio program.
Westfield football coach Gilbert announces mayoral bid
Jake Gilbert, head football coach at Westfield High School, has coached the Shamrocks since 2010 and was elected to the city council in 2019.
Low-wage workers prop up nursing home industry, and they’re quitting in droves
The nursing home industry has lost more than 420,000 jobs since the start of the pandemic, reducing its workforce to the size it was 15 years ago. Meanwhile, the aging trend that the U.S. Census Bureau calls the “gray tsunami” looms ever closer.
Taxpayers face overloaded IRS as filing season opens Monday
An IRS worker shortage and an enormous workload from administering pandemic-related programs will combine to cause taxpayers pain this filing season.
Indiana to start accepting state tax returns on Monday
The Indiana Department of Revenue encourages taxpayers to use electronic filing, online payment and direct deposit to significantly improve the quality and speed of processing returns and refunds.
Indiana allowing sports wagers on 7 Winter Olympic events
The Indiana Gaming Commission said the state’s online and retail sports wagering operations could accept bets on alpine skiing, bobsled, cross-country skiing, curling, ice hockey, short-track speed skating and speed skating.
New COVID-19 cases reach all-time high in Indiana
The Indiana State Department of Health on Friday also reported 95 more deaths from COVID-19, raising the official pandemic death toll to 19,992. On a more positive note, statewide hospitalizations dropped by more than 100.
Airport program manager to head Indy procurement diversity office
David Fredricks, previously a supplier-diversity program manager for the Indianapolis Airport Authority, has been named director of the Office of Minority and Women Business Development.
Criminal case against former Celadon execs headed for court
A four-week fraud trial is scheduled to begin Feb. 22 for Celadon’s former president and chief operating officer, Eric Meek, 41, and its former chief financial officer, Bobby Peavler, 42.
CIB dips into reserves to manage through pandemic
Nearly two years into the pandemic, the agency that oversees the convention center, Lucas Oil Stadium and other sports venues has been able to pay its bills without layoffs or long-term facilities closures.
Key GOP senator proposes brief summer reprieve from sales tax
Senate Bill 325, authored by Republican Sen. Travis Holdman, chairman of the powerful Senate Tax and Fiscal Policy Committee, would make any retail item purchased July 15-31 exempt from Indiana’s 7% sales tax.
Booster shots needed against omicron, CDC studies show
The study found vaccine effectiveness was best after three doses of the Pfizer or Moderna vaccines in preventing COVID-19-associated emergency department and urgent care visits.