Elanco shares plunge 15% after mixed full-year outlook
Shares of the Greenfield-based maker of animal feeds and vaccines dove after the firm warned that it’s facing inflationary pressures, increased logistics costs and other headwinds.
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Hospitalizations due to COVID-19 still climbing in Indiana
Cumulative COVID-19 cases rose from 781,326 in Friday’s state report to 786,272 on Monday, a weekend increase of 4,946 cases.
Exhibit Columbus to feature work of 13 artists in ‘New Middles’
Th exhibit, an exploration of art, architecture and design, will include art in many different forms, including photography, sculptures and more.
U.S. job openings hit record 10.1 million
The gap between openings and hiring suggests that firms are scrambling to find workers. Lingering health fears, difficulty getting child care at a time and expanded federal jobless aid may have kept some unemployed Americans from seeking work.
Fitness centers face uncertain future after pandemic changes workout habits
Roughly 9,000 health clubs—22% of the total nationwide—have closed since the beginning of the virus outbreak, according to the International Health Racquet & Sportsclub Association.
Sen. Young withdraws support for $1 trillion infrastructure bill
While most of the bipartisan coalition seeking to push a $1 trillion infrastructure package through the U.S. Senate appears to be holding together, Republican Sen. Todd Young of Indiana withdrew his support Sunday for the pending legislation.
For first time, average hourly pay for supermarket, restaurant workers tops $15
Wages have been rising rapidly as the economy reopens and businesses struggle to hire enough workers. Some of the biggest gains have gone to workers in some of the lowest-paying industries.
Weary U.S. businesses confront new round of mask mandates
After a largely mask-free summer, it’s a reversal no one wanted to see, brought on by the fast-spreading delta variant and new guidance from the U.S. Centers for Disease Control.
IBJ Podcast: Climate change could scorch and soak Indiana while reshaping key industries, Purdue center says
Indiana isn’t seeing the intense heat waves and flash-flooding that other parts of the world are experiencing this summer, but models show our winters will dwindle, our summers will have many more days above 95ºF and rainfall will continue to increase.
Colts lock up Darius Leonard with NFL’s richest linebacker contract
The two-time All-Pro agreed on Sunday to a five-year contract extension that tops the five-year, $95.225 million contract Fred Warner recently signed with San Francisco, according to a person with knowledge of the deal.
Indiana construction projects boom thanks to new budget plan
The new state budget adopted in April by the Republican-controlled General Assembly is awash in federal coronavirus relief money, allowing the state to give sizeable funding to projects that had for years been shelved and left out of spending plans.
Amazon to mandate masks for all its workers in warehouses
The move follows steps by a slew of other retailers, including Walmart and Target, to mandate masks for their workers.
CDC study finds COVID-19 survivors should still get vaccinated
Friday’s report from the Centers for Disease Control and Prevention adds to growing laboratory evidence that people who had one bout of COVID-19 get a dramatic boost in virus-fighting immune cells—and a bonus of broader protection against new mutants—when they’re vaccinated.
Hot housing market makes for some risky decisions
While selling a house in a hot market might seem easy, there’s actually some risk, uncertainty and often inconvenience on both sides of a transaction.
Indy firm helps companies navigate shipping tsunami
Cargo Services Inc., an Indianapolis-based international freight forwarder and U.S. logistics provider, helps companies deal with a COVID-fueled convergence of growing consumer demand, a shortage of cargo shipping containers, a crimped supply chain and raging shipping costs.
CICF blazes new trail for equity and inclusion
The not-for-profit’s strategy focused on community relationship-building and equity-oriented funding has other area groups rethinking their own procedures and how they share power with those they serve.
Carmel-based firm uncovers three separate cases of employee fraud
Maria Caceres, a former employee of Seven Corners Inc., stands accused of defrauding the travel insurer by submitting false claims—the third employee to face such charges within two years in separate cases.
Companies take lead on response to COVID surge
While many government leaders seem reluctant to reimpose restrictions, businesses are beginning to lay down the law.
Students challenging IU vaccine mandate file for U.S. Supreme Court review
The students-plaintiffs have challenged the mandate in the U.S. District Court for the Northern District of Indiana and at the 7th Circuit Court of Appeals, but so far their efforts have been unsuccessful.
COVID-19 cases, hospitalizations continue to surge in Indiana
The state reported nine new deaths from COVID-19, lifting the cumulative death total to 13,624. The seven-day moving average of new deaths increased from five to six.