Study: Not-for-profits lost 50,000 jobs last month from virus
That finding, in a report from Johns Hopkins University, suggests that it could take nearly 18 months for not-for-profits to regain their pre-pandemic employment levels.
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Why dealmakers expect tech M&A to keep up its red-hot run
Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion—the largest software deal of the year—could spur other companies to revisit their wish lists, advisers said.
Local firm’s new initiative matches remote workers with relocation incentives
Entrepreneurs Bill Oesterle and Evan Hock last month launched MakeMyMove, a subsidiary of TMap.
Fishers startup gamifies trading, targets historically Black colleges
Social media startup Stockteamup has partnered with the philanthropic arm of a hip-hop-inspired snack company to teach financial investing to Black communities.
Anthem paying $594M to settle antitrust litigation, but deal terms might fuel growth
Paying a half-billion-dollar settlement might seem painful, but health care observers say resulting changes to Blue Cross Blue Shield rules are so favorable to Anthem’s growth prospects that the deal is a huge win.
Downtown properties scramble to ramp up for NCAA influx
Five of the city’s most prominent hotels, accounting for more than 2,800 rooms, will house the 68 teams in the three-week NCAA Division I Men’s Basketball Tournament that tips off March 18.
Legislation seeks to keep pregnant women on the job
Gov. Eric Holcomb and a group of lawmakers and family advocates are pushing for legislation that would require companies to offer more breaks or modify schedules and tasks for pregnant women—if they need them.
Statewide COVID-19 hospitalizations fall to lowest level since late October
Indiana on Friday reported another 46 deaths due to the coronavirus. Deaths due to COVID-19 have exceeded single digits for 110 straight days.
U.S. employment costs rose modestly in fourth quarter
Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy.
Indiana Gaming Commission asks court to dismiss Ratcliff lawsuit
The Indiana Gaming Commission is arguing that longtime casino executive Rod Ratcliff’s lawsuit should be dismissed because he has not exhausted all of his administrative appeal options.
J&J’s single-dose shot prevents COVID-19, but with less effectiveness
Johnson & Johnson said it will file an application for emergency use for the single-dose vaccine in the United States within a week and then abroad.
Lilly quarterly profit surges, helped by new COVID-19 treatment
The antibody treatment bamlanivimab was Lilly’s second-highest selling product in the final quarter of 2020, trailing only the popular diabetes drug Trulicity.
Innovatemap acquires Carmel-based web development firm, opens New York office
With six new hires, the company—founded in 2014—now has 26 employees. The staff size will increase to 28 when the company adds two Orr Fellows in June.
Census delay points to special session for Indiana lawmakers
State lawmakers face the once-a-decade task of drawing new districts for congressional seats, along with the 100 Indiana House and 50 state Senate districts, based on population shifts.
Indiana House bill would offer $150 million for COVID-19 learning recovery
The proposal would allow local schools, universities, and other organizations to apply for $150 million in competitive grants to help students catch up.
Brokerages limit trading in GameStop, sparking outcry from small investors
Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms.
General Motors to eliminate gasoline and diesel light-duty cars and SUVs by 2035
The electric-vehicle industry has grown exponentially in the past decade but still represents less than 2% of automobiles sold in the United States.
Democrats to ‘act big’ on $1.9T aid package; GOP wants plan split
Despite President Biden’s calls for unity, Democrats said the stubbornly high unemployment numbers and battered U.S. economy leave them unwilling to waste time courting Republican support that might not materialize.
Stocks claw back some lost ground; GameStop shares swing wildly
Investors continued to closely watch the wild swings in GameStop, AMC and several other stocks which have become targets for hordes of online investors who have sent them skyrocketing in recent days, taking on big hedge funds who have bet they will fall.
Indiana Senate passes COVID-19 liability protection bill
Senate Bill 1, authored by Republican Sen. Mark Messmer of Jasper, would shield businesses and individuals from coronavirus civil liability lawsuits unless there was gross negligence or willful or wanton misconduct that could be proven with “clear and convincing evidence.”