Stocks slip, but S&P 500 still logs best month since April
The turbocharger for the market’s move higher has been a huge dose of hope as pharmaceutical companies come closer to delivering vaccines to a world beaten down by the COVID-19 pandemic.
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Report: Unemployment statistics during pandemic inflated by backlogs, fraud
The Government Accountability Office, the nonpartisan auditing agency that works for Congress, was unsparing about the problems with unemployment statistics, as part of a lengthy report that looked at the country’s response to the coronavirus.
Michigan nears launch of online sports betting, other games
Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.
Colts punter Sanchez to have surgery to remove cancerous tumor
Rigoberto Sanchez has handled kickoffs and punts for the Colts since 2017, when he set an NFL record for net punting average by a rookie.
Holiday air travel surges despite dire health warnings
Nearly 1.2 million people passed through U.S. airports Sunday, the greatest number since the pandemic gripped the country in March, despite pleas from health experts for Americans to stay home over Thanksgiving.
Indiana reports 5,713 new COVID-19 cases, rise in hospitalizations
Indiana reported another 38 deaths from COVID-19, the 34th time in 36 days that the daily report has included more than 25 deaths.
Indiana teacher, substitute shortage worsened by COVID-19
At least 1,755 schools across the state have reported at least one positive case of COVID-19, according to the Indiana State Department of Health, involving more than 15,000 students, teachers and staff.
First blood test to help diagnose Alzheimer’s goes on sale
Independent experts are leery because key test results have not been published and the test has not been approved by the U.S. Food and Drug Administration—it’s being sold under more general rules for commercial labs.
Congress returns with virus aid, federal funding unresolved
After months of shadowboxing amid a tense and toxic campaign, Capitol Hill’s main players are returning for one final, perhaps futile, attempt at deal-making on a challenging menu of year-end business.
Data providers to combine in $44B deal, biggest acquisition of year
New York City-based S&P Global announced that it would acquire IHS Markit, based in London, in an all-stock deal.
Moderna asking U.S., European regulators for vaccine approval
Moderna is just behind Pfizer and its German partner BioNTech in seeking to begin vaccinations against COVID-19 in the U.S. in December.
IBJ Podcast: Can Cook Medical help turn an Indy neighborhood around?
Host Mason King talks with Pete Yonkman, president of Cook Group and Cook Medical, and Ashley Gurvitz, executive director of United Northeast Community Development Corp., about a plan to build a $15 million manufacturing plant in a low-income Indianapolis neighborhood.
U.S. COVID-19 task force promises rapid December vaccine rollout
Top U.S. infectious-diseases specialist Anthony Fauci said the government “almost certainly” will be vaccinating portions of the U.S. population by the end of December, but the country will likely see a surge in COVID-19 cases before that happens.
Black Friday sees record online as U.S. shoppers stay home
Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record of $7.4 billion set in 2019.
Indiana Landmarks helping to preserve historic World’s Fair homes
When the National Park Services launched Indiana Dunes National Lakeshore, as it was known then, in the 1960s, it inherited a number of historic structures, including the World’s Fair homes.
Indiana COVID-19 hospitalizations reach another high mark
The Indiana State Department of Health on Sunday reported 4,355 new COVID-19 cases, the lowest count of new cases since Nov. 9.
Indiana reports another 4,535 COVID-19 cases, 66 more deaths
After dipping slightly on Thanksgiving, hospitalizations due to COVID-19 in Indiana rose to 3,381 on Friday, just three below the all-time high set on Wednesday.
High Alpha launching new firms at torrid rate
The venture firm has been gaining altitude since the venture studio launched in 2015, but with eight tech startups introduced this year, it’s entered a new stratosphere.
Carmel startup harnesses sun to help schools
Sun FundED specializes in providing what amounts to turnkey services for school systems that want to install solar-power systems, but lack either the funds or the know-how to handle it themselves.
Housing to target foster kids aging out of system
Community officials are hopeful a new east-side housing project focused on young adults aging out of foster care will go a long way in furthering the area’s efforts to reduce homelessness.