U.S. manufacturing activity jumps to three-year high
The Institute for Supply Management reported Monday that its gauge of manufacturing activity rose to a reading of 60.8% last month, 2.1 percentage-points above the January level of 58.7%.
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U.S. spending on construction projects rises 1.7%
Despite an economy that’s been battered for nearly a year because of the coronavirus pandemic, historically low interest rates and city dwellers seeking more space in the suburbs and beyond has boosted home sales.
Indiana COVID-19 cases hit lowest mark since Sept. 21
New reported COVID-19 cases and testing of new individuals were down significantly in Indiana last month, but more deaths due to COVID-19 were reported in February than in any other month of the pandemic.
Senate Democrats consider changes to House virus relief bill
Party leaders hoping to salvage a minimum wage increase have abandoned one proposal aimed at pressuring big companies to boost workers’ pay.
500 Festival again shifts Mini-Marathon to virtual event
The decision by the not-for-profit 500 Festival also applies to its 5-kilometer event. Both events still are set for May 8, albeit now in virtual formats.
Indianapolis not-for-profit leader named National Spelling Bee chief
J. Michael Durnil served as CEO of the Indianapolis-based Simon Youth Foundation from December 2010 until last month.
U.S. safety agency investigating engine fires in top-selling Toyota SUV
A Toyota spokesman would not answer questions about whether the SUVs should be parked outdoors until the matter is resolved, but said the company is cooperating in the probe.
IBJ Podcast: Restaurants rejoice in looser limits for March Madness
Host Mason King talked with Mike Cranfill, co-owner of The District Tap, and Mike Cunningham, founder and CEO of Cunningham Restaurant Group, which owns 35 restaurants with plans to open several more soon, about what the NCAA tournament will mean for them.
Biden team readies wider economic package after virus relief
During the presidential campaign, Joe Biden pledged to deploy $2 trillion on infrastructure and clean energy, but the White House has not ruled out an even higher price tag.
Fraud overwhelms pandemic-related unemployment programs
In Indiana, Kentucky and Maryland, officials have said that for certain weeks in the new year, at least two-thirds of the claims they received were classified as suspicious due to problems verifying identities.
Duke Energy closing southern Indiana power plant early
The utility’s R. Gallagher power plant, which boasts twin smokestacks that have long towered over the Ohio River city of New Albany, was scheduled to be retired in 2022, but will now close much earlier.
COVID-19 cases rise in Indiana by 736, deaths by 17
The state said more than 565,000 Hoosiers had been fully vaccinated against COVID-19 as of Sunday. More than 992,000 had received the first dose of a vaccination.
J&J’s one-dose shot cleared, giving U.S. third COVID-19 vaccine
J&J initially is providing a few million doses and shipments to states could begin as early as Monday. By the end of March, J&J has said it expects to deliver 20 million doses to the U.S., and 100 million by summer.
Indiana counts 897 new COVID-19 cases, 27 more deaths
Statewide hospitalizations due to COVID-19 rose from 781 on Thursday to 800 on Friday. The high mark was 3,460, set on Nov. 30.
House passes $1.9T pandemic bill on near party-line vote
The massive measure heads to the Senate, where Democrats seem bent on resuscitating their minimum wage push and fights could erupt over state aid and other issues.
Hospitals plead for bailout in face of runaway pandemic bills
U.S. hospitals face up to $122 billion in lost revenue this year as the pandemic continues its rampage, threatening to push more critical-care centers into bankruptcy or out of business entirely.
Here’s what’s in the House’s $1.9 trillion coronavirus plan
The U.S. House on Friday plans to vote on an $1.9 trillion stimulus package, marking a crucial step toward passage of the White House’s first major piece of legislation.
Democratic leaders explore penalties on businesses paying below $15 an hour
Democrats are searching for a way to revive their derailed drive to boost the minimum wage as part of the proposed $1.9 trillion package aimed at helping the country rebuild from the pandemic.
March Madness will help restaurants. But how much?
The city will host an unprecedented number of games with the entire tournament being played in Indiana. But the pandemic will limit capacity at both games and restaurants.
State seeks to regulate pharmacy benefit managers
Three bills advancing through the Indiana General Assembly would provide tighter regulation of pharmacy benefits managers (PBMs).