Moderna sees 1-in-5 odds of dangerous future COVID variant
Moderna is working to reassure investors about its longer-term growth prospects as the new cases decline following the winter spread of highly transmissible omicron.
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Airline CEOs call for end to federal mask mandate in letter to Biden
In making their case, executives cited the “persistent and steady decline” of hospitalizations and death rates related to the coronavirus.
Pressured by patients, FDA reviews ALS drug with modest data
Experts who study FDA decision-making see a troubling pattern in which the beleaguered agency is continually pressured to accept weaker evidence, damaging its scientific credibility and opening the door to ineffective treatments.
Area homebuilders off to slow start in 2022 despite demand for houses
Supply-chain issues, labor shortages and a lack of suitable lots are holding back sales, according to the Builders Association of Greater Indianapolis.
U.S. weekly jobless claims at lowest level since 1969
In total, 1,350,000 Americans were collecting jobless aid the week that ended March 12, another five-decade low.
Customers to exercise under retractable roof at planned Carmel fitness center
Ozwell Fitness will feature a 2,600-square-foot retractable dome roof that will allow customers to exercise outdoors.
Carb Day concert to feature Rick Springfield and all-star band Kings of Chaos
The announcement completes the concert schedule for Indianapolis 500 weekend, which includes Legends Day and Snake Pit shows.
Downtown apartment property sells for more than $120 million
The acquisition by Indianapolis-based Zidan Management Co. is believed to be the largest single-property apartment sale in Indiana history.
Indiana COVID-19 hospitalizations hit lowest mark since first month of pandemic
Hospitalizations have plummeted 90% since hitting a pandemic high of 3,519 on Jan. 13. COVID patients occupy only 2.9% of Indiana’s intensive care unit beds.
Indianapolis to receive $9.4M in federal funding for homelessness efforts
Indianapolis will get the funding from the U.S. Department of Housing and Urban Development for its “housing first” homelessness efforts, officials announced Wednesday. The strategy prioritizes stable housing, followed by supportive services.
Pandemic relief money spent on hotel, ballpark, ski slopes
Scores of projects across the United States are being funded with federal coronavirus relief money despite having little to do with combating the pandemic, a review by The Associated Press has found.
Home values soared during the pandemic, except for these Black families
Just one lower appraisal could affect the cumulative wealth of an entire community, according to a new Biden administration report on the causes, extent and consequences of property misvaluation.
U.S. plan aims to end racial, ethnic bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.
WIBC-FM names on-air successor to ‘Chicks on the Right’ co-founder
Casey Daniels will return to Indianapolis to succeed Miriam “Mock” Weaver as the on-air partner of Rob Kendall on a show that airs 9 a.m. to noon.
Gershman, Citimark partner with Milhaus on $65M Broad Ripple project
The project at the site of a former Kroger store is expected to consist of about 234 apartment units, a 240-space parking garage and 3,600 square feet of street-level restaurant space.
Natural gas company files eminent domain suit against property owners
Panhandle Eastern Pipe Line LP argues in the lawsuit it needs to acquire new easement rights so it can reroute two pipelines before urgent construction work can begin on Interstate 465 bridges above 96th Street.
Demand for vacation homes continuing to rise
The value of homes in nine of the top 10 most popular vacation towns are appreciating faster than the typical U.S. home, according to Zillow.
Biden administration to release plan to stop bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.
Fed’s Powell: Digital currencies will require new regulations
Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will need new rules to protect consumers.
Boomerang planning $150M residential development in Fishers
Abbott Commons would include homes ranging in cost from $325,000 for townhomes to single-family houses for $475,000.