Indiana reports another 6,288 new COVID-19 cases, 85 more deaths
Statewide hospitalizations due to COVID-19 dipped from 3,123 on Tuesday to 3,013 on Wednesday.
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40 influential people, 40 ideas in honor of IBJ’s 40th anniversary
Plus, read stories about the past 40 years in central Indiana and see a timeline of IBJ’s history.
Gambling regulators suspend casino exec Ratcliff’s license as part of larger investigation
The Indiana Gaming Commission’s executive director said “issues of concern continue to emerge” as the agency investigates people associated with Spectacle Entertainment, which is building casinos in Terre Haute and Gary.
Lawsuit alleges Purdue breached contract in Peru projects
Siblings who contacted Purdue University about helping to lower the alpaca mortality rate in their native Peru are now suing, claiming the West Lafayette school has garnered millions of dollars from additional projects they helped establish but is refusing to pay them for their work.
Trump vetoes defense bill that Congress passed by wide margins
The bill would have affirmed 3% pay raises for U.S. troops and authorized more than $740 billion in military programs and construction.
‘Trickle-down’ tax cuts make rich richer but don’t boost economy, study finds
The authors say their findings offer one clear pathway for policymakers looking to dig their way out of the financial hole created by the coronavirus crisis: Make the rich pay for it.
Emmis launches ‘blank check’ firm, on hunt for media, tech acquisitions
The new firm, led by Emmis Communications executives, could raise as much $230 million to buy one or more companies and take them public.
Statewide COVID-19 hospitalizations continue to inch back up, hitting 3,123
After descending from a record-high mark of 3,460 set on Nov. 30, the number of patients hospitalized with COVID-19 has been rising since Saturday. State health officials also reported 62 more deaths on Wednesday, bringing the total to 7,306.
Jobless claims remain high, raising stakes for Trump’s demands on relief bill
If Trump does not sign the $900 billion stimulus package, 12 million Americans will lose unemployment aid after Christmas.
Carmel-based Delta Faucet to acquire New York-based maker of kitchen, bathroom fixtures
Like Delta, Kraus USA makes sinks, faucets and other accessories for kitchens and bathrooms. Delta also was attracted by Kraus’ strong online retail presence.
Consumer spending drops 0.4% in first decline since April
In addition, personal incomes fell 1.1% in November, the third drop in the past four months as various government relief programs have been expiring.
U.S. layoffs remain elevated as 803,000 seek jobless aid
The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs as the pandemic tightens business restrictions and leads many consumers to stay home.
Pfizer, BioNTech to supply U.S. with additional 100M vaccines doses
Under the nearly $2 billion deal announced Wednesday, the companies will deliver at least 70 million additional doses by June 30, with the remaining 30 million to be delivered no later than July 31.
Can employers make COVID-19 vaccination mandatory?
The U.S. Equal Employment Opportunity Commission has allowed companies to mandate the flu and other vaccines, and has also indicated they can require COVID-19 vaccines.
Lafayette Square Mall sold to local real estate firm
Indianapolis-based Perez Realty Group acquired the 113-acre retail property on Dec. 18 for a yet-undisclosed price.
U.S. close on deal with Pfizer for millions more vaccine doses
Pfizer’s vaccine was the first to gain approval from the Food and Drug Administration and initial shipments went to states last week.
Trump calls for $2,000 stimulus checks, hints he might not sign $900B relief bill
In a video posted to Twitter, the president called the $600 checks authorized by the bill “ridiculously low” and complained about a list of provisions that he described as “wasteful spending and much more.”
HAND Inc. plans first affordable, for-rent neighborhood in Fishers
HAND Inc.’s planned Cumberland Cottages could bring 11 affordable, for rent homes to the southwest corner of 141st Street and Cumberland Road. The estimated $2.5 million needs a rezone and state funding to be built by the end of 2022.
Vaccines will be ‘scarce resource for a really long time,’ Indiana health officials say
Indiana received 55,000 doses of the Pfizer vaccine on Friday, and another 39,000 doses on Monday, which is a fraction of the state’s needs, officials say.
Justice Department sues Walmart, says it helped fuel opioid crisis
The lawsuit, filed Tuesday by the Justice Department, says the nation’s largest retailer did not properly screen prescriptions at its 5,000 pharmacies. The agency is seeking civil penalties that could total billions of dollars.