Fed survey finds modest gains in the U.S. economy in February
Reports on consumer spending and auto sales were mixed, while overall manufacturing showed moderate gains despite supply-side constraints, according to the Fed survey.
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Georgia Street to close to vehicles during Big Ten, NCAA tournaments
The closure will be used by the Indianapolis Cultural Trail and the NCAA for various activities throughout the NCAA tournament.
Hoosiers 50-54 now eligible for COVID-19 vaccines
The decision comes one day after the state opened up vaccinations to the 55-59 age group.
Brew Link brewpub set to open in downtown Indianapolis
Brew Link, which is owned by three Hendricks County couples, opened its first location in Plainfield in 2016. The Indianapolis location is slated for a mid-March opening.
Carmel council OKs $60M in road bonds, continues questioning $65M for other projects
Some councilors have concerns about what the bonds would be spent on—including public art—while others worry the city’s plans to acquire more properties would harm small businesses.
Indiana’s daily COVID-19 death count lowest since Jan. 31
Statewide hospitalizations due to COVID-19 dropped from 765 on Monday to 731 on Tuesday, the lowest number since Sept. 12.
Walmart to invest $350 billion in U.S. manufacturing
The world’s largest retailer said it plans to invest $350 billion in products made, grown or assembled in the United States over the next 10 years, a move it says will help create 750,000 jobs.
More than 200,000 sign up for ACA health plan during extended period
The additional signups came during the first two weeks of an extended enrollment period ordered by President Joe Biden to help more people find insurance amid the economic ripple effects caused by the coronavirus pandemic.
Pavilion, Hinkle Fieldhouse to host ancillary events on Final Four weekend
The State Farm College Slam Dunk & 3-Point Championships will be held at Hinkle Fieldhouse, along with a historic black colleges and universities all-star game.
Google vows no new user tracking in Chrome ad data changes
The digital giant has been working on proposals to remove from Chrome so-called third party cookies, which are snippets of code used by a website’s advertisers to record browsing history in order to show users personalized ads.
Study: Pandemic puts 1 in 3 not-for-profits in financial jeopardy
Among the most vulnerable not-for-profits, the study said, are those involved in arts and entertainment, which depend on ticket sales for most of their revenue, cannot significantly their reduce expenses and don’t typically hold much cash.
Bed Bath & Beyond to go with something new to revive sales
The chain will begin selling eight new store brands this year. The new brands were announced Wednesday by CEO Mark Tritton, who was hired in late 2019 from Target, where he did much the same thing as chief merchandising officer.
AES Indiana seeks to boost electric vehicle usage with incentives that could raise overall rates
The utility wants permission to pass along the cost of those incentives to all of its 500,000 customers in the state in the form of higher rates in coming years, whether or not they drive an electric vehicle.
U.S. expected to have enough COVID-19 vaccine for all adults by end of May
Despite the stepped-up pace of vaccine production, the work of inoculating Americans could extend well into the summer, officials said, depending both on the government’s capacity to deliver doses and Americans’ willingness to roll up their sleeves.
U.S. infrastructure gets C- from engineers as roads deteriorate
In its “Infrastructure Report Card” released Wednesday, the group estimated it would cost $5.9 trillion over the next decade to bring roads, bridges and airports to a safe and sustainable level.
Airport prepping for stream of NCAA teams, fans
The airport will be ready for visitors in town for the tournament with new March Madness signage, NCAA-sanctioned pop-up retail shops and enhanced staffing.
Microsoft: China-based hackers found bug to target U.S. firms
Microsoft said that a “highly skilled and sophisticated” state-sponsored group operating from China has been trying to steal information from a number of American targets, including universities, defense contractors, law firms and infectious-disease researchers.
Longtime KAR Global leader Jim Hallett stepping down as CEO
Peter Kelly, who joined the company in 2011 when he sold KAR Auction Services his 11-year-old online vehicle auction firm Openlane, has been named CEO.
Business travel misses out on recovery
The Global Business Travel Association estimates that worldwide spending on commercial travel won’t recover to its pre-pandemic peak of $1.4 trillion until 2025.
Casino exec Ratcliff permanently banned from Indiana gambling industry
Rod Ratcliff, the former chief executive for Centaur Gaming and Spectacle Entertainment, reached a settlement agreement with the Indiana Gaming Commission that requires him to sell his remaining casino ownership shares.