Home Depot buying HD Supply in deal valued at $8 billion
HD Supply is a distributor of maintenance, repair and operations products. It has two business units in Indianapolis.
Associated Press
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UPDATE: Second coronavirus vaccine shows early success in U.S. tests
Moderna said its vaccine appears to be 94.5% effective, according to preliminary data from the company’s still-ongoing study.
Indiana’s northern neighbor halts classes, indoor dining as virus surges
Michigan Gov. Gretchen Whitmer’s administration on Sunday ordered numerous restrictions in a move backed by hospitals, universities, colleges, community colleges and K-12 school boards.
Federal jury trials suspended in Indiana’s Southern District
An order sent Friday by Chief Judge Jane E. Magnus-Stinson suspends all in-person jury trials in all divisions of the U.S. District Court Southern District of Indiana until at least Jan. 25.
Top CEOs met to plan response to Trump’s election denial
The CEOs from about two dozen Fortune 500 companies decided to wait for the Nov. 20 certification of votes in Georgia before meeting to decide their next moves.
Surging virus cases get a shrug in many Midwestern towns
“They don’t think it’s real,” said a public health official in Iowa. “They don’t think it’s going to be that bad or they just don’t want to wear a mask because we’ve made it a whole political thing.”
Firm planning to close 100-worker auto parts factory
Eaton Corp. has notified state officials that it intends to begin layoffs at the Auburn factory in February.
Tight spot: Trump loss complicates Pence’s political future
With President Trump’s loss—after Vice President Mike Pence spent the last four years as his most loyal soldier and the past year doggedly campaigning on his behalf—the vice president is contending with a far less certain future.
Post-election rancor clouds chances for quick COVID-19 relief bill
President-elect Joe Biden’s top allies on Capitol Hill adopted a combative posture on COVID-19 relief on Thursday, pressing their case for a $2 trillion bill that’s a nonstarter for Republicans.
NCAA voices concern on student-athlete performance bets
An NCAA official suggested that gambling regulators consider restrictions on so-called proposition bets to protect the integrity of the games.
Online shopping surge could lead to holiday delivery delays
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
Biden taps Indianapolis native Klain as his chief of staff
Ron Klain served as chief of staff for Biden during President Barack Obama’s first term, was chief of staff to Vice President Al Gore in the mid-1990s and was a key adviser on the Biden campaign, guiding Biden’s debate preparations and coronavirus response.
TikTok asks court to intervene as Trump order looms
TikTok’s Chinese owner, ByteDance, has until Thursday to sell off its U.S. operations under an executive order that Trump signed in August.
Future of business travel unclear as virus upends work life
Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council. How much of that business will return after the pandemic is uncertain.
Castroneves gets six IndyCar races next season with Meyer Shank
Helio Castroneves has said he wants to return to IndyCar, where he raced full-time from 1998 through 2017.
Supreme Court appears likely to leave Obamacare law in place
Chief Justice John Roberts and Justice Brett Kavanaugh, among the conservative justices, appeared in two hours of arguments to be unwilling to strike down the entire law.
European Union files antitrust charges against Amazon over use of data
Amazon faces a possible fine of up to 10% of its annual worldwide revenue. That could amount to as much as $28 billion, based on its 2019 earnings. The Seattle-based company rejected the accusations.
Ulta to open beauty shops at 100 Target stores in 2021
The shops, which will each be about 1,000 square feet and carry makeup, skincare, and fragrances, will operate beside existing beauty sections in Target stores, the companies said Tuesday.
Much at stake as Supreme Court weighs future of Obamacare
What’s at stake has real-world consequences for just about every American, as well as the health care industry, a major source of jobs and tax revenues.
U.S. allows emergency use of Lilly’s COVID-19 antibody drug
The Food and Drug Administration on Monday cleared the experimental drug from Indianapolis-based Eli Lilly and Co. for people 12 and older with mild or moderate COVID-19 not requiring hospitalization. It’s a one-time treatment given through an IV.