Study shows omicron sub-variant no more severe than first strain
The emergence of BA.2 has caused widespread concern as it appears to be even more transmissible than the original omicron strain.
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Heineken warns worst inflation in decade to weigh on beer
The brewer said it will raise prices for its beer by “courageous” amounts as it seeks to offset rising raw material and energy costs and “crazy” shipping rates.
January retail sales surged 3.8% as threat of omicron faded
Volatility in retail sales data is emerging after the pandemic and as related supply crunches drastically altered the behavior of Americans
Proposed change to ‘divisive concepts’ bill would ban fewer ideas
A proposed amendment to Indiana’s so-called “divisive concepts” legislation would drop some of the most controversial parts of the bill, but stop short of completely removing a list of concepts that would be banned from the classroom.
Allos Ventures launches $75 million investment fund
Indianapolis-based Allos Ventures, which invests in early-stage business-to-business software companies in the Midwest, said it plans to start making investments from Allos IV right away.
White House, Dems eye pause of gas tax as prices soar, election looms
The early deliberations come days after a group of vulnerable Senate Democrats introduced a bill that would suspend the gas tax of roughly 18 cents per gallon for the rest of the year.
Michigan Senate votes to cut income, corporate tax rates
Republicans who control the Michigan Senate on Tuesday passed a $2.5 billion annual tax cut, voting to lower income and corporate rates while letting people claim a credit for their children and deduct more retirement income.
U.S. bird flu case puts chicken, turkey farms on high alert
The new fear is driven by the discovery announced Feb. 9 of the virus infecting a commercial turkey flock in southern Indiana’s Dubois County.
White House seeks another $30 billion for COVID-19 battle
According to the nonpartisan Committee for a Responsible Federal Budget, Congress has already approved $5.8 trillion to battle the pandemic in a series of major bills spanning the Trump and Biden administrations.
Companies reverting to more normal operations as COVID wanes
For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days.
Statewide COVID-19 hospitalizations continue to fall
Hospitalizations due to COVID have plummeted 55% in Indiana since hitting a pandemic high of 3,519 on Jan. 13.
Homebuyers face another obstacle as costlier loans sap affordability
Costs for 30-year loans hit a more than two-year high of 3.69% last week, rising about 20% just since Christmas. Further increases are expected as the Federal Reserve, trying to curb inflation, hikes its benchmark rate.
TechPoint names Mira Awards nominees from 76 Indiana companies
The nominees for the Indiana-based awards include newly-launched startups and growing scale-up companies that have developed technologies for a variety of industries, including health care, transportation and logistics, and business intelligence and operations.
Indiana Senate committee strips all tax cuts out of House proposal
Republicans in the Indiana Senate gutted House Republicans’ plan for $1 billion in tax cuts within minutes of the bill’s first hearing in the Tax and Fiscal Policy Committee on Tuesday.
Hoosier Lottery could need legislative OK for online games
Indiana lawmakers are looking to block the Hoosier Lottery from starting online games or ticket sales without their permission.
January wholesale inflation surged 9.7% from year ago
Inflation, under control for four decades, re-emerged as an economic issue last year as the United States rebounded with unexpected speed from 2020’s short but devastating coronavirus recession.
Longtime local meteorologist David James announces retirement
James, who has been working at WISH-TV Channel 8 since April, said on social media that Monday night’s forecast was his last before his retirement.
Former Trustee building on Mass Ave set for revamp with restaurant space on first floor
According to plans approved by the Indianapolis Historic Preservation Commission this month, Landmark Properties plans to make several changes to the five-story building to attract office and retail tenants.
Rocky Ripple residents push back on demolitions in cost-cutting anti-flood plan
Three years after Rocky Ripple approved a no-demolition plan for a new floodwall, the Indianapolis Department of Public Works has unveiled a tweaked plan that would involve destruction of as many as 14 houses and the Rocky Ripple Town Hall.
Indianapolis-based Key Auctioneers acquired by northeast Indiana company
Krueckeberg Auction and Realty, a 45-year-old auction house headquartered in Decatur, said the acquisition could potentially double its business.