Indiana reports another 86 COVID-19 deaths, 1,445 cases
The state said more than 300,742 Hoosiers had been fully vaccinated against COVID-19. More than 779,240 had received the first dose of a vaccination.
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Drug companies seek billion-dollar tax deductions from opioid settlement
Four companies that agreed to pay a combined $26 billion to settle claims about their roles in the opioid crisis plan to deduct some of those costs from their taxes and recoup around $1 billion apiece.
States eye flurry of new taxes on Amazon, Facebook and Google
State lawmakers around the country are exploring a range of new taxes targeting Internet giants, seeking to capture some of Silicon Valley’s eye-popping profits and soaring share prices in the midst of the coronavirus pandemic.
U.S. consumer sentiment unexpectedly falls to a six-month low
Elevated unemployment, limited social activity because of COVID-19 and a slow pace of vaccinations are depressing sentiment
Kite Realty reports better-than-expected 4Q results
Indianapolis-based Kite Realty Group Trust beat analyst expectations with its financial performance in the fourth quarter despite a decline in revenue and funds from operations.
Indiana ‘missed big’ by not adopting work share, report says
Researchers who have studied work-share programs—which have been implemented in 28 states—say thousands of Indiana workers have been unnecessarily laid off.
Mitch Daniels foundation, Elevate Ventures partner on entrepreneurial effort
The new partnership is designed to give Hoosiers that graduate from the two-year fellowship an opportunity to gain guidance and potentially access capital to propel their ideas into the commercial realm.
Taft builds new lobby group with Ice Miller transplants
The former Ice Miller employees—including Lacy Johnson and John Hammond III—will form the core of Taft’s new 14-member Public Affairs Strategies Group, 11 professionals plus three support staffers.
Old Navy to open store at Glendale in former Macy’s space
Retailer Old Navy will make a comeback at Glendale Town Center after a 15-year absence from the shopping center.
Splenda maker sues Speedway chain over knockoff sweetener
Carmel-based Heartland Consumer Products says Speedway offers knockoff sweetener in packets that are too similar to Splenda’s packaging, which could confuse customers.
Democrats pushing Biden’s COVID-19 bill through House committees
The Ways and Means Committee approved its $940 billion chunk of Biden’s proposal on a 25-18 party-line vote, highlighting a frenzied week that’s seeing a dozen House panels fashion contributions to the sprawling measure.
Indiana House budget would expand vouchers, limit poverty aid for schools
The budget proposal, which was presented to and passed by the House Ways and Means Committee on Thursday, would increase state funding for K-12 education by $378 million over the next two years—a 3.8% boost from this school year.
House Republicans opt to invest in one-time grant programs in budget proposal
The $36.3 billion two-year budget proposed by the House GOP on Thursday would make a handful of one-time investments in small businesses, regional projects, student learning loss, health initiatives, broadband and police training.
Valparaiso University dropping Crusaders sports nickname
President-elect Jose Padilla will oversee a committee that will consider adopting a new team name and mascot for the 3,100-student, Lutheran school in northwest Indiana.
County health department indicates fans could be a go for NCAA tournament
Dr. Virginia Caine, executive director of the health department, said she expects the NCAA to formalize a request regarding fans “within the next one to two weeks,” and indicated recent data related to positive tests and hospitalizations is promising.
Bombardier to end Learjet production, cut 1,600 jobs
Canada’s Bombardier announced Thursday that it will stop production of the Learjet later this year to focus on more profitable planes. The iconic jet was among the first private luxury planes.
Autoworkers will face uncertain future in era of electric cars
For workers at GM and other automakers, the future could be perilous. The more environmentally focused plants of the future will need significantly fewer workers, mainly because electric vehicles contain 30% to 40% fewer moving parts than petroleum-run vehicles.
Allegion hires new Carmel-based exec to lead Americas business
Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.
Health equipment biz Apria moves HQ to Indy, lists stock with IPO
Apria Inc., one of the nation’s largest providers of home health equipment and services, began listing shares Thursday morning on the Nasdaq exchange.
State lawmakers advance bill to allow curbside pickup of alcohol
A wide-reaching alcohol policy bill would allow for curbside pickup of alcoholic beverages, plus carryout beverages at the new food hall at the Bottleworks development in downtown Indianapolis.