Local podcast platform startup Casted receives state tax credit, plans to grow staff
Casted plans to invest $425,000 and hire 62 more workers, which led the Indiana Economic Development Corp. to offer it up to $1.2 million in tax credits.
Casted plans to invest $425,000 and hire 62 more workers, which led the Indiana Economic Development Corp. to offer it up to $1.2 million in tax credits.
More than 600 artists, musicians, dancers and other creative types are expected to take part in Swish, an arts and cultural festival that will take over sidewalks and outdoor cultural spaces in downtown Indianapolis starting Saturday.
During the occasionally tense hearing on House Bill 1123, a slew of officials from Gov. Eric Holcomb’s administration tried to convince lawmakers that the governor’s ability to make quick decisions has been key to the state’s response to the COVID-19 pandemic.
President Joe Biden pledged in his first prime-time address Thursday night to make all adults eligible for vaccines by May 1 and raised the possibility of beginning to “mark our independence from this virus” by the Fourth of July.
The president signed the aid package into law Thursday without a comprehensive plan in place to distribute all of the funds, which will be a core focus of the administration in coming weeks.
The S&P 500, the Dow Jones industrial average and the Russell 2000 measure of small-company stocks all closed at record levels on Thursday.
Since most state budgets are not in the tailspins that many feared last spring, states can use their share of the money to go way beyond balancing the books and dealing with the direct costs of the coronavirus pandemic.
President Biden’s challenge Thursday night will be to honor the sacrifices made by Americans over the last year while encouraging them to remain vigilant despite “virus fatigue” and growing impatience to resume normal activities.
Attorney General Todd Rokita is being paid by private businesses for consulting work, including $25,000 a year for advising a Connecticut-based pharmaceutical company, according to a newspaper report.
Indiana Attorney General Todd Rokita said the dealer sold cars online in a way that led consumers to believe the seller was a private owner. For its part, the dealer said it was a one-time occurrence.
The Indiana State Department of Health on Thursday reported 922 new cases of COVID-19, the 13th time in the past 14 days in which daily cases have been below 1,000.
Eli Lilly and Co. told Reuters news agency that it is working closely with the FDA to address concerns about the factory in Branchburg, New Jersey, which makes Trulicity.
Counting supplemental federal unemployment programs that were established to soften the economic damage from the virus, an estimated 20.1 million people are collecting some form of jobless aid.
Former homebuilder Paul Estridge Jr. is opening a new seafood-forward restaurant called Monterey Coastal Cuisine next month. Also, three new businesses are slated to open in Carmel City Center this summer.
The new fund, High Alpha Capital III, is the largest yet from Indianapolis-based High Alpha Capital—the investment arm of venture studio High Alpha and one of the largest software venture capital firms in the Midwest.
High-profile local chef Jonathan Brooks, who is Jewish, said the Instagram post that prompted a social media backlash was meant as a joke. But local leaders of the Jewish community say referring to the anti-semitic trope of blood libel is potentially dangerous and never proper.
The government guidance comes as coronavirus cases and deaths among nursing home residents have plummeted in recent weeks at the same time that vaccination accelerated.
The funding will allow elementary schools, high schools and libraries to purchase Wi-Fi hotspots, modems and routers for students, and also fund the Internet service that those devices use.
The pandemic relief package approved by Congress on Wednesday calls for grants equal to the amount of restaurants’ revenue losses, up to a maximum of $10 million per company and $5 million per location.
The funding is part of an overall $1.9 trillion bill that could send as much as $5.87 billion to the state, including roughly $237 million to Indianapolis and another $187 million to Marion County.