Accounting firm Katz Sapper & Miller prepping for leadership change
Tim Cook, an attorney who now leads the firm’s economic development consulting practice, will become the top executive at the city’s largest accounting firm on Jan. 1.
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Amazon: Nearly 20,000 workers have tested positive for COVID-19
The online retail behemoth, revealing the data for the first time, said that the infection rate of its employees was well below that seen in the general U.S. population.
House Dems pass $2.2T relief bill over GOP opposition, but bipartisan talks continue
The legislation, which passed 214-207, has no chance of advancing. But negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are continuing behind the scenes.
Former Indianapolis Downtown Inc. leader Tamara Zahn dies at 67
Zahn led Indianapolis Downtown Inc. for nearly two decades. Her tenure included several milestone events for downtown Indianapolis, including the opening of Circle Centre in 1995 and the hosting of the Super Bowl in 2012.
Colts permitted to have up to 12,500 spectators at next home game
The increase to capacity for the game against the Cincinnati Bengals follows continued discussions with the Marion County Public Health Department.
Stocks tick up as Wall Street waits for pandemic aid from Washington
Big swings have become typical recently, as investors handicap the chances of a deal on Capitol Hill to send more cash to Americans, restore jobless benefits for laid-off workers and deliver assistance to airlines and other industries.
EU agency starts ‘rolling review’ to speed OK for COVID-19 vaccine
A similar process was used to issue an approval for remdesivir, one of the only licensed drugs to treat COVID-19. That approval was issued in just over one month, while the standard process can take nearly seven months.
H&M’s new CEO gets tough with plan to eliminate 5% of stores
H&M is making its biggest retrenchment ever as the pandemic exacerbates its record inventory buildup. The retailer said Thursday it plans to permanently shut 250 stores on a net basis in 2021 after eliminating 50 this year.
Millions of Americans risk losing power, water as unpaid utility bills pile up
In Indiana, more than 112,000 households are behind 120 days or more on their power bills, a Washington Post analysis of the largest local energy companies’ records found.
City launches $11 million grant fund for hospitality industry
The program, called the Hospitality Establishment Lifeline Program, will provide grants to Marion County bars, restaurants and live entertainment venues that pay food and beverage taxes.
White House ups bid in last-ditch COVID talks with Congress
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
Software firm Emarsys acquired by German firm
Emarsys, a marketing software company based in Austria, has its North American headquarters in Indianapolis.
Website launched to track lines at Marion County polls, vote centers
The website is the product of a partnership among Vote Safe Indiana, Lessonly, IN Tech for Progress and Common Cause Indiana.
Fishers firm that makes portable hand-washing stations adding 25 employees
Project Process currently has just one employee, but the company is planning to grow production of its portable hand washing stations for bed-ridden hospital patients.
Indiana reports 1,171 new COVID-19 cases, 13 more deaths
The Indiana State Department of Health on Thursday reported the testing of 8,483 more unique individuals, the sixth time in eight days that testing has topped 8,000.
Consumer spending growth slowed to 1% in August
Economists fear that without further government support, consumer spending will slow significantly in the final three months of this year.
Experts hope high demand for flu shots means lower chance of ‘twindemic’
A record number of flu vaccine doses are on the way, between 194 million and 198 million for the United States alone.
Initial unemployment claims decline nationally, in Indiana
Fewer Americans than expected sought unemployment benefits last week. The latest claims numbers reflect gradual labor-market improvement but remain well above pre-virus levels.
IT consulting firm increasing workforce at Carmel operations
GadellNet Consulting Services, which opened a Carmel office in 2015, plans to boost local employment by about 85 workers over the next five years.
IPS board candidates debate innovation schools, racial equity, budget cuts
Four seats on the seven-member board are up for election Nov. 3. Advocacy groups have drawn the usual battle lines between candidates who back innovation schools and those who are skeptical of the strategy.