After Biglari unleashes venom on Cracker Barrel, CEO fires back
Biglari Holdings’ Sardar Biglari is pushing for reforms at Cracker Barrel Old Country Store even as Biglari restaurant Steak n Shake teeters.
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Namesake church in Holy Cross neighborhood looks for a savior
The massive Italian Renaissance edifice, with its 136-foot bell tower, in August landed for the second year in a row on Indiana Landmarks’ 10 Most Endangered list.
Lost convention business exceeds $535M, leading to further budget challenges
Overall, 340 groups, representing nearly 965,000 attendees, outright canceled their Indianapolis events this year because of the pandemic. The loss of business is taking a toll on the Capital Improvement Board’s revenue streams.
Lilly pushing ‘around the clock’ with FDA to get COVID-19 antibody treatment approved
Eli Lilly and Co. already has begun manufacturing the drug and expects to have 1 million doses by December, the executive in charge of COVID-19 research said Friday at IBJ’s Life Sciences Power Breakfast.
Indiana reports all-time daily high in new COVID-19 cases
The Indiana State Department of Health on Friday also reported 19 additional deaths from COVID-19, the 14th time in the past 17 days in which daily deaths have been in double digits.
Indianapolis-based IMH Products acquires Brownsburg manufacturer
IMH said it plans to move Mainstay’s equipment and its 38 employees to its Indianapolis facilities by year’s end. Both companies are in the metal fabrication business.
Google tries to turn YouTube into major shopping destination
Every toy, gadget and good you see on YouTube could soon be for sale online—not on Amazon, but right on YouTube itself.
Experts cite multiple reasons for lower worldwide COVID-19 death rates
Scientists are confident the change in death rates is real, but the reasons for it—and whether it will last—are a matter of intense debate.
High Alpha startup secures $5M seed funding for livestreaming music platform
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
Broad Ripple office project gets preliminary OK for $3.5M in bonds
A planned two-building office headquarters in Broad Ripple for staffing company Eight Eleven Group is another step closer to approval.
Pence’s trip to Indianapolis to vote postponed for scheduling reasons
Pence’s staff said the change was meant to prevent burnout given his weekend schedule, travel plans next week and late-night arrival back in Washington, D.C., on Thursday evening.
Indiana officials give some districts flexibility on length of school days
With the changes approved Wednesday, a few districts can offer longer school days to take advantage of in-person learning and cut back on e-learning days to help with planning.
Report calls for Indiana school funding changes to close equity gaps
The gap is driven by charter schools, according to the report, since they serve a greater percentage of students of color than does the average Indiana district and do not receive local property tax revenues.
Trump-Biden debate schedule uncertain after president’s infection
The chair of the Commission on Presidential Debates said the final debate, scheduled for Oct. 22, was still slated to go on as planned. But next Thursday’s debate could be gone, after the Trump team objected to the commission’s virtual mandate.
Airbnb requires hosts to commit to enhanced cleaning protocols
Airbnb has been on a mission to clean up its image ahead of its initial public offering of stock, which is expected later this year.
Indiana University ends Bicentennial Campaign with nearly $3.9 billion
In announcing the final totals for the campaign Thursday evening, the university said more than 320,000 alumni and other donors from all 50 states and more than 100 countries contributed to the effort.
COVID-19 relief pushes U.S. budget deficit to record $3.1T
The deficit at the end of fiscal 2020 equaled 15% of the U.S. economy, a huge gap that was the largest since the government undertook massive borrowing to finance the final year of World War II.
Trump, Pelosi say they’re back to negotiating broad relief package
There appears to be a new sense of urgency from the White House and some congressional Republicans to reach some sort of agreement amid signs the economic recovery is weakening.
JPMorgan Chase puts $30B toward fixing banking’s ‘systemic racism’
JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort directed at “widespread economic inequality.”
Antibody drugs are no cure but seem promising for COVID-19
Experimental antibody drugs like the one President Trump was given and the one Eli Lilly is developing are among the most promising therapies being tested for treating and preventing coronavirus infections. Here’s how they work.