Broadfoot leaving Indy Parks after five years as director
Indianapolis Mayor Joe Hogsett appointed Angie Clark, chief financial officer of Indy Parks, as interim director starting Aug. 7.
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UPDATE: Federal judge affirms Indiana University vaccine requirement
The judge held a hearing on the case last week and wrote in his ruling dated Sunday that evidence so far shows that IU has pursued a reasonable policy in the “legitimate interest of public health for its students, faculty and staff.”
After uproar over FDA’s handling of Biogen Alzheimer’s drug, Lilly presses on
Even as some drugmakers, including Indianapolis-based Eli Lilly and Co., are pushing to get experimental drugs approved, federal regulators are still dealing with a huge blowback over the controversial way they reviewed a new Alzheimer’s drug by rival Biogen.
Travel stocks slump over spike in nationwide coronavirus cases
Stocks were down broadly Monday out of concern over rising infections in many countries, and airline and cruise line stocks were hit especially hard.
Kroger sells north-side plaza for $8.5M but agrees to remain tenant
A firm that specializes in real estate anchored by groceries has closed on the purchase a 104,678-square-foot shopping center dominated by a Kroger supermarket.
Emmis to take AM 1070 off the air, although The Fan remains on FM stations
Emmis Communications Corp. says the signal’s towers in Whitestown will be dismantled to make way for development.
Statewide COVID hospitalizations hit highest level since June 15
The state said more than 2.89 million Hoosiers have been fully vaccinated against COVID-19 after a weekend increase of 9,947.
U.S., allies blame China for massive Microsoft Exchange hack
U.S officials allege that China’s Ministry of State Security has been using criminal contract hackers who have engaged in cyber extortion schemes and theft for their own profit, officials said.
Indy Shorts film festival continues growth as standalone event
The Indy Shorts International Film Festival, which gets under way Tuesday, has expanded in size and popularity since its founding as part of the Heartland International Film Festival in 2018.
UPDATE: Kite Realty to acquire Illinois-based REIT for about $2.8B
The combination of Indianapolis-based Kite Realty Group Trust and Oak Brook, Illinois-based Retail Properties of America Inc. will create a company worth $7.5 billion that will continue to operate under the Kite name.
IBJ Podcast: Pete the Planner answers questions about retirement, college savings, mortgages
Host Mason King and the folks in the Midtown Parents Facebook Group in Indianapolis have a lot of questions about money—specifically how they should be saving it for retirement and college.
With pandemic worsening in U.S., surgeon general expresses concern
While U.S. case numbers and hospitalizations are still far below levels from the worst of the pandemic early this year, Dr. Vivek Murthy said the worsening situation shows the need to convince more people to get inoculations.
Senator: Bipartisan infrastructure bill loses IRS provision
The proposal to go after taxpayers who skip out on income taxes initially had potential bipartisan appeal, but outside groups came forward to lambaste it as a way to enable the IRS to snoop around Americans’ personal finances.
Indiana preservationists to focus on animals in architecture
Indiana Landmarks, a statewide preservation group, and the Indiana War Memorials Commission is hosting the Indy Downtown Safari on July 31.
Pfizer says U.S. regulators agree to ‘priority review’ for COVID vaccine
Vaccines cleared for emergency use still must undergo the stringent full approval process, a step that might help persuade some people who aren’t yet immunized to roll up their sleeves.
Subdivisions push back against home sales to rental firms
At least 200 homeowner groups in central Indiana have modified their subdivision covenants in the past five years to limit rentals—a number that is based on the work of just one law firm.
Need assistance finding an open parking space? Indy-based company can help
Eco Parking Technologies helps parking garages fill every space and provides valuable data.
Fishers firm pushes its way into credit-card processing
Enterprise Payment Systems is the brainchild of five central Indiana entrepreneurs from various industries, who came together to address something nearly as ubiquitous as the use of credit itself: merchants’ frustration about the rates they pay to let their customers swipe their cards.
State to spend $13M to prep possible merger of blind, deaf school sites
State officials say no final decisions about a combined campus have been reached, but they are forging ahead for now with the prep work, including the search for as many as 120 acres to house the schools.
Indiana restarts federal unemployment payments while court battle plays out
The Indiana Department of Workforce Development said those who have remained unemployed since federal payments were cut off last month will begin receiving back payments.