Indiana Avenue advocates say interstate plans key to revitalization
Groups that hope to see revitalization in the Indiana Avenue neighborhood are paying close attention to how future interstate construction projects will affect the area.
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U.S. unemployment claims drop for seventh straight week
Overall, 2.1 million Americans were collecting traditional unemployment checks during the week that ended Nov. 6, down by 129,000 from the week before.
Rising prices threaten profit margins at food companies
As food producers raise prices, grocers and restaurants are passing the increases along to consumers for the most part, rather than have them chip away at profit margins. That strategy might not work much longer, several analysts said.
Pfizer, U.S. ink $5.29B deal for possible COVID-19 treatment
Pfizer asked the Food and Drug Administration on Tuesday to authorize emergency use of the experimental pill, which has been shown to significantly cut the rate of hospitalizations and deaths among people with coronavirus infections.
Tech firm adding coworking space as part of $27M refresh to former Marsh HQ
Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.
High Alpha leads $10M investment in Chicago-based software startup Logik.io
Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.
Seven of 10 IPS staffers report receiving COVID vaccinations
The vaccination rate is higher among teachers and principals—more than 80%—and lower among classified staff such as custodians and food service workers, said Superintendent Aleesia Johnson.
Churchill Downs to operate Terre Haute casino
Louisville-based Churchill Downs proposed a $240 million project known as the Queen of Terre Haute, to be built on nearly 21 acres west of the Haute City Shopping Mall.
Indiana’s highway system stagnant in national ranking, study says
The foundation’s 26th annual highway rankings place the Hoosier state at 32 for the second straight year, dinging it for poor rural and urban interstate pavement, insufficient maintenance expenditures, low capital and bridge spending, and more.
For second time, Franciscan Health extends deadline for employee vaccinations
Franciscan issued a three-paragraph statement, saying it had “re-examined its next steps” for the COVID-19 vaccine and was now adopting a Jan. 4 deadline to comply with the federal mandate.
Deere workers approve third contract offer, end monthlong strike
The United Auto Workers union said 61% of its members approved the deal with Deere & Co. on their third vote, even though the new offer was strikingly similar to one that 55% of workers rejected two weeks ago.
FedEx shooting victims ask Indianapolis for $2.1 million
Lawyers for the victims said the Indianapolis Metropolitan Police Department and the Marion County Prosecutor’s Office failed to follow Indiana’s red flag law when they decided not to file a case with the courts to suspend the shooter’s gun rights in March of 2020.
Under pressure, Apple allows self-repairs to iPhones, Macs
Apple is launching an online store for self-service repairs early next year that it says will have more than 200 individual parts and tools for making the most common repairs on the iPhone 12 or iPhone 13.
Catholic event expected to attract 50,000-plus to Indianapolis
The United States Conference of Catholic Bishops approved plans Wednesday for Indianapolis to host a National Eucharistic Congress, a five-day summer event that organizers say could draw as many as 80,000 people to the city.
Indiana high court taking governor’s suit over emergency law
The legal fight over the increased power Indiana legislators gave themselves to intervene during public health emergencies will be going before the state Supreme Court, although not for nearly five months.
IPS’ plan to share tax funds with charters draws legal question
The IPS board is scheduled to vote Thursday on a plan to give $5 million per year to charter partners from the district’s 2018 operating referendum.
City to invest $3.5 million in far-east side through Lift Indy program
The far-east area is Lift Indy’s seventh designee, after Mid-North, Monon16, the Old Southside, East 10th Street, the Near-North and Martindale-Brightwood.
Dance Kaleidoscope seeks donors for Circle City Industrial Complex home
Executive Director Kim Gutfreund, who’s led Dance Kaleidoscope since June, and long-running artistic director David Hochoy announced Tuesday a $2 million capital campaign.
U.S. offering investment to boost COVID-19 vaccine capacity
The Biden administration is making billions of dollars available to drugmakers to expand domestic production of COVID-19 vaccines in the hopes of building capacity to produce an additional 1 billion shots per year to share with the world.
Nominee for U.S. banking regulator faces hostile opposition
Saule Omarovaa’s previous criticism of the banking industry makes the banks fearful she will be a tough regulator for Wall Street. They also are wary because of academic writings in which she has proposed substantial overhauls to how banks operate in the U.S.