IU Health sees revenue and income climb as pandemic pushes hospitals near capacity
The results seem to show that the pandemic is continuing to push hospitals to the limit, as patients flock to emergency rooms and surgical suites for care.
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COVID-19 breakthrough cases accounting for small percentage of Hoosier cases
Breakthrough cases of COVID-19—when a fully vaccinated person tests positive for the virus—make up a low ratio of COVID cases in Indiana, but they aren’t extremely rare.
Wages jump by the most on records dating back 20 years
The data further illustrates the rising leverage workers have gained in the job market this year, and they are commanding higher pay, more benefits, and other perks like flexible work hours.
Indiana Democrats hope to regain voters on small towns tour
The 14-stop tour by the Indiana Democratic Party kicked off this week in North Vernon in southeast Indiana and in Cicero, northeast of Noblesville in Hamilton County.
U.S. consumer spending up modest 0.6% amid high inflation
American consumers slowed their spending in September, a cautionary sign for an economy that remains in the grip of a pandemic and a prolonged bout of high inflation.
Local sports teams, universities team up to launch sports-focused data analytics resource
The online resource, set to launch in beta mode in the next several weeks, will be a place where academic and business users can access anonymized sports and fitness data sets, use it to solve business problems, and learn about job opportunities.
Republic Airways to launch aircraft dispatch training program
Indianapolis-based Republic Airways announced plans Thursday to start what it says is the state’s first aircraft dispatch training program.
Indy Parks committee advances plans to buy 50 acres
The Indianapolis City-County Council’s Parks and Recreation Committee on Thursday unanimously advanced a plan to acquire four plots of land adjacent to existing parks.
Emmis makes stock buyback offer, seeking up to 2 million shares
The stock buyback offer, announced Thursday, applies to up to 2 million shares of Class A common stock at $2.60 per share, or more than $1 per share above the closing price of Emmis shares on Thursday.
Schools debate: Gifted and talented, or racist and elitist?
Increasingly, parents and school boards are grappling with difficult questions over equity, as they discuss how to accommodate the educational aspirations of advanced learners while nurturing other students so they can equally thrive.
Facebook changes its name to Meta as it focuses on virtual world
CEO Mark Zuckerberg said the company plans to focus on what he described as the next wave of computing: a virtual universe where people will roam freely as avatars, attending virtual business meetings, shopping in virtual stores and socializing at virtual get-togethers.
Indiana lawmaker quitting after split over GOP redistricting
Republican Sen. Ron Grooms of Jeffersonville had said in June that he wouldn’t seek reelection next year to the Senate seat he first won in 2010, but he announced Thursday he would step down from office effective Tuesday.
GE Appliances announces $450 million investment in Indiana’s neighbor
GE Appliances—which at one time employed thousands of people in Indiana—announced plans Thursday to add more than 1,000 jobs at its sprawling Kentucky operations as part of a $450 million investment to boost capacity and launch new products.
Indianapolis closes on property key to Twin Aire redevelopment
A strip mall central to Indianapolis’ vision for the neighborhood that is home to the new Community Justice Campus is now in city hands, after years of negotiations.
Biden announces ‘historic’ deal, asks Democrats for votes
President Biden’s remarks at the White House came after he traveled to Capitol Hill to make the case to House Democrats for the still robust domestic package—$1.75 trillion of social services and climate change programs the White House believes can pass the 50-50 Senate.
U.S. jobless claims drop to pandemic low of 281,000
In all, 2.2 million people were collecting unemployment checks the week of Oct. 16, down from 7.7 million a year earlier.
U.S. economy slowed to 2% growth rate last quarter in face of COVID
Consumer spending, which fuels about 70% of overall economic activity, slowed to an annual growth rate of just 1.6% after having surged at a 12% rate in the previous quarter.
VW, Stellantis chime into chip optimism with U.S. peers
Both carmakers said they had moved past the worst of the availability issues that have snarled production lines globally. Their views contrasted with those of Samsung Electronics.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Beck’s Hybrids adds Nebraska to its sales territory
Hamilton County-based seed company Beck’s Hybrids said the marketing expansion increases its total reach to 75 percent of the corn and soybean farmers in the United States.