Indiana unemployment in holding pattern above pre-pandemic rate
Indiana’s unemployment rate has been hovering at or near 4% for the last sixth months. It was 3.3% in March 2020, just before the pandemic triggered wide-scale layoffs and job losses.
IBJ Staff
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Purdue nabbed 175 U.S. patents for invention in 2020, among the most by a university worldwide
Indiana University ranked 53rd among universities for patents for invention last year, a jump in the rankings from previous years.
Area existing-home sales, prices escalate while inventories fall
The seller’s market in residential real estate grew even stronger in central Indiana in June, with existing homes selling at a faster pace and buyers spending extra to land properties.
Child tax credit starts hitting U.S. families’ bank accounts
Democrats see this as a landmark program along the same lines as Social Security. But many Republicans warn that the payments will discourage parents from working and ultimately feed into long-term poverty.
Indiana reports 586 more COVID-19 cases, one more death
Statewide hospitalizations due to COVID-19 increased from 415 on Tuesday to 443 on Wednesday.
National real estate player Compass enters Indy-area market by landing 23 local agents
The New York City-based residential real estate firm, which went public in April with a $450 million IPO, said the local agents had more than $160 million in 2020 sales volume.
Indiana COVID-19 cases rise past 600, most in seven weeks
The state said more than 2.87 million Hoosiers have been fully vaccinated against COVID-19 after a daily increase of 4,700.
Indiana sees largest number of new COVID-19 cases since May 27
Statewide hospitalizations due to COVID-19 jumped from 399 on Sunday to 450 on Monday, the highest number in nearly a month.
Town of Speedway names new town manager
Grant Kleinhenz previously served as town manager of Brownsburg and in municipal management positions in several other towns or cities.
Indiana reports 157 new COVID-19 cases
The state said more than 2.87 million Hoosiers have been fully vaccinated against COVID-19. More than 2.84 million had received the first dose of a two-dose vaccination.
New litter of Butler Blue bobbleheads unleashed
Fans of the university’s canine mascot can complete their collections with figurines of Blue I, Blue II and a puppy version of Blue IV.
Indiana reports highest number of COVID-19 cases since May 28
The state said more than 2.85 million Hoosiers have been fully vaccinated against COVID-19. More than 2.82 million had received the first dose of a two-dose vaccination.
Promoter MOKB partners with venue Pavilion at Pan Am
Indianapolis-based concert and event promoter MOKB Presents announced Thursday that it has reached an exclusive deal with The Pavilion at Pan Am to handle the venue’s public concert and entertainment schedule.
Indiana reports uptick in COVID hospitalizations, slowdown in vaccinations
The state health department reported seven new deaths from COVID-19, increasing the cumulative death tally to 13,466. The state has averaged four deaths per day from COVID over the past seven days.
Software firm OnBoard lands $100M investment from private equity firm
It’s the first major round of capital for OnBoard. It has been primarily bootstrapped and had only raised $5 million in private equity before this round.
Authentic Brands, owner of Forever 21 and Brooks Brothers, files for IPO
Indianapolis-based Simon Property Group Inc. is among Authentic Brands Group’s largest shareholders.
Builder Arbor Homes acquires local plumbing company
Arbor Homes, the most-active home builder in the Indianapolis area, said the acquisition of R&R Plumbing “will bolster the company’s existing efficient building processes.”
Indiana reports six more COVID deaths, uptick in hospitalizations
The state said more than 2.84 million Hoosiers have been fully vaccinated against COVID-19. More than 2.81 million had received the first dose of a two-dose vaccination.
IBJ Podcast: Chatterbox owner explains why iconic bar waited until this month to reopen
The historic Chatterbox Jazz Club on Massachusetts Avenue downtown is so tiny that opening under pandemic restrictions would have meant just 20 or so people could be inside. That’s no way to make money. But now, the restrictions are gone and the club is about to reopen.
IBJ to launch diversity podcast hosted by attorney Angela Freeman
IBJ Publisher Nate Feltman said the podcast is an effort to contribute to a larger community conversation about diversity.