Former Cummins employee sentenced to prison in $4.8M fraud case
Prosecutors say the Ohio man, who formerly worked for Cummins in Michigan, stole profit-sharing money that was supposed to have been distributed to company employees.
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Ticket prices high for football title game, but lots of seats still available
Hundreds of tickets to Monday’s College Football Playoff National Championship game in Indianapolis are available for purchase on the secondary market.
Republic, Rolls-Royce sign on as investors in early-stage air mobility effort
Indianapolis-based Republic Airways, along with Rolls-Royce, are among numerous investors in Eve, an urban air mobility company that aims to develop an international network of electric vertical-lift aircraft.
Eli Lilly inks R&D pact with Canadian pharma company
Indianapolis-based Eli Lilly and Co. will make an initial $50 million payment to Entos Pharmaceuticals. Entos also could receive up to $400 million in potential milestone payments, as well as royalties, for successful products.
GOP differences on Indiana tax cuts, vaccine mandate limits solidify
The Indiana Senate’s top Republican said tax cuts and limits on employer vaccine mandates didn’t land on his priority list because they are “controversial” and “more complicated to work through.” But that won’t stop House Republicans from pursuing them.
Bon Jovi will headline Gainbridge Fieldhouse as part of 2022 tour
The band, which rocketed to stardom in the 1980s with hit songs such as “It’s My Life,” “Livin’ on a Prayer” and “Wanted Dead or Alive,” became a Rock & Roll Hall of Fame inductee in 2018.
U.S. jobless rate sinks to 3.9% as many more people find jobs
Wages also rose sharply, a sign that companies are competing fiercely to fill their open jobs. A record-high wave of quitting, as many workers seek better jobs, is also fueling pay raises.
Hotels, restaurants ramping up for busy football championship weekend
Most of the more than 7,400 hotel rooms in downtown’s inventory are expected to be occupied on Sunday and Monday nights. And a few remaining rooms available on Friday and Saturday are being offered at astronomical prices.
With ‘relentless recruiting,’ Alabama, Georgia build football all-star teams
University of Georgia Coach Kirby Smart and his mentor, Alabama Coach Nick Saban, have assembled the most star-studded teams—recruiting stars, that is—in recent college football history.
Supreme Court to weigh vaccine rules affecting more than 80M
The justices are scheduled to hear arguments Friday about whether to allow the Biden administration to enforce a vaccine-or-testing requirement that applies to large employers and a separate vaccine mandate for most health care workers.
White House, Postal Service making plans to ship COVID tests to households
Test manufacturers and distributors seeking to provide a share of the 500 million tests have submitted proposals to the government, and the Biden administration on Thursday evening awarded its first contract toward the purchase.
U.S. hiring likely rebounded last month before omicron surge
Economists estimated that employers added 400,000 jobs last month, according to a survey by data provider FactSet. That would mark an increase from 210,000 in November.
Holcomb: Emergency powers law is a constitutional amendment, requires vote
Indiana Gov. Eric Holcomb is moving forward with his bid to have the Indiana Supreme Court overturn a law allowing the Legislature to call itself into special session, arguing in a new filing that the law is akin to a constitutional amendment that must be voted on by Hoosiers.
Indiana reports 150 more deaths as COVID cases surge to another high
COVID-19 patients occupy 36.2% of Indiana’s intensive care unit beds, leaving the state with only 9.5% of its ICU beds available overall.
Comfort Systems USA acquires 54-year-old Indianapolis contractor
In separate deals, Houston-based Comfort Systems USA said it acquired Indianapolis-based Edwards Electrical & Mechanical Inc. and local temporary staffing company Kodiak Labor Solutions LLC.
Merck paying $780M to acquire Indianapolis drug manufacturer
Germany-based pharmaceutical giant Merck on Thursday announced it has signed a definitive agreement to buy Indianapolis-based drug contract manufacturer Exelead Inc.
Fishers artisan gift shop closing after 20 years
Owner Tracy Gritter opened Gallery 116 at 8597 E. 116th St. in 2002 inside a bungalow-styled building that had recently served as the Fishers Town Hall.
Eagles add Gainbridge Fieldhouse to 2022 tour plans
Don Henley, Joe Walsh and Timothy B. Schmit, with touring members Deacon Frey and Vince Gill, will visit Indianapolis in March with a performance of “Hotel California” in its entirety.
House committee moves vaccine mandates bill forward
The vaccine-mandate provisions of the bill would effectively force employers to accept any medical or religious reason to exempt employees from getting a vaccine, without question.
State reports all-time high in new COVID-19 cases, rise in hospitalizations
The state health department also reported 39 more deaths from COVID, raising the cumulative total to 18,644.