Home sales, prices in central Indiana continue recent tear
The median home price in the area reached $221,000, up 15.1% from a year ago when the median price was $192,000.
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Josh Minkler stepping down as U.S. attorney after five years in post
The Muncie native, who plans to join an Indianapolis-area law firm, won praise from both Democrats and Republicans for his service.
Cook Medical, not-for-profits joining forces on $15M medical device facility
Cook has partnered with Goodwill of Central & Southern Indiana and several other community organizations to build the manufacturing facility, which is expected to employ 100 employees on the northeast side of Indianapolis.
Leading Indiana lawmaker vows to fully fund schools’ virtual learning
Legislative leaders also said they hoped to stave off cuts to education in the coming budget—or even try to boost funding. But in the midst of the pandemic, leaders say the budget will hinge on coming revenue forecasts.
FDA allows first rapid COVID-19 test that gives results at home
The announcement by the Food and Drug Administration represents an important step in U.S. efforts to expand testing options for COVID-19. However, the test will require a prescription, likely limiting its initial use.
NCAA graduation rates reach another record high at 90%
College athletes continue to graduate at record rates and outperform non-athletes, according to the NCAA’s new Graduation Success Rate report.
Indiana lawmakers clash over COVID-19 protocols as 2021 session nears
Democrats support requiring lawmakers to wear masks while conducting state business, but Republicans say masks should remain a recommendation only.
Governor in quarantine after some in security team test positive
Gov. Eric Holcomb and his wife are “considered close contacts” and will be tested later this week, his office said.
Carmel council changes public art procurement process, OKs zoning for Courtyards project
The Carmel City Council approved new rules Monday night to provide additional review of the city’s art purchases above $5,000. Ohio-based Epcon Communities also received the zoning approval it needs to build 149 age-restricted homes near Carmel High School.
Fed’s Powell says surge in virus cases threatens U.S. economy
Federal Reserve Chair Jerome Powell said the threat also means that Congress and the White House should provide more stimulus spending to support the unemployed, states and cities, and small businesses, and to keep the economy afloat.
Former UAW exec gets 2-1/2 years in prison for kickback
In the latest punishment in what the government calls “systemic” corruption at the highest ranks of the union, 11 union officials and a late official’s spouse have pleaded guilty since 2017, including former presidents Dennis Williams and Gary Jones.
Local marketing software biz SmarterHQ acquired by New York City-based firm
SmarterHQ, a fast-growing Indianapolis-based marketing software firm that has raised more than $42 million in venture capital since its founding in 2010, has been acquired.
Weak retail sales in October stir up unease about holidays
A surge in coronavirus infections nationwide and the expiration of a $600 weekly boost to unemployment checks over the summer have slowed spending by Americans.
Indiana reports new highs in COVID-19 deaths, hospitalizations
The Indiana State Department of Health on Tuesday said the seven-day moving average for COVID-19 cases in the state reached another all-time high of 6,143.
Industrial production up 1.1% in October, but still lagging
It was a rebound after a downturn in September, but production still remains below pre-pandemic levels, the Federal Reserve reported Tuesday.
Amazon opens online pharmacy, shaking up another industry
The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled Tuesday.
North Split construction, traffic closures to begin in December
The North Split project, which was first announced in 2017, will reconfigure the Interstate 65/Interstate 70 interchange on the northeast side of downtown.
Apartments planned for low-income residents on 38th Street would raze blighted structures
The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.
High Alpha launches software firm for real estate teams
High Alpha on Tuesday announced the formal launch of its eighth company this year and its 20th since its founding in 2015.
Carmel considers establishing four new waterway districts to obtain new liquor licenses
The Carmel City Council introduced a proposal on Monday to establish four new waterway districts that would allow the city to pursue additional alcoholic beverage permits.