State reports 571 new COVID-19 cases, 13 more deaths
The state said 2.49 million Hoosiers have been fully vaccinated against COVID-19. More than 2.63 million had received the first dose of a two-dose vaccination.
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Milo leaving state job to launch entrepreneurship center for women, minorities
Blair Milo, who in 2017 was named the state’s first secretary of career connections and talent, will step down June 7, Indiana Gov. Eric Holcomb announced Friday.
U.S. consumers boosted spending in April as inflation surged
The April gain was led by a 1.1% rise in spending on services, the sector that covers airline travel, hotels and restaurants—areas that were devastated by the pandemic-caused shutdowns a year ago.
CEO pay at public companies rises even as pandemic ravages economy
The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020. That’s 5% more than the median pay for that same group of CEOs in 2019.
IndyCar courts Black fans, drivers in its push to diversify
Much like NASCAR dealt with its own racial reckoning last year, IndyCar is moving to create a more diverse workforce throughout all levels of a series that has had just two Black drivers race in the Indy 500, its showcase annual event that dates to 1911.
Purdue startup signs key deal to distribute augmented reality educational products
Explore Interactive CEO Amanda Thompson said the partnership should accelerate the adoption of MindLabs products worldwide, “enabling us to nurture young learners everywhere.”
Wayne Gretzky rookie card smashes record with $3.75 million sale
The photo for Gretzky’s rookie card was taken just weeks after he left the Indianapolis Racers, where the 17-year-old phenom played eight games (including home games at Market Square Arena) before his contract was sold to the Edmonton Oilers.
Senate eyes R&D bill to counter China, bolster chip manufacturing
What started as a pragmatic effort to boost scientific research has morphed into sweeping bill aimed at making the U.S. more competitive, including $50 billion in emergency funds to shore up domestic computer chip manufacturing.
Despite capacity limits, Indy 500 to be largest sports event of pandemic
Indianapolis Motor Speedway worked with the Marion County Public Health Department to determine that 40% of venue capacity will be allowed.
Indiana University reviewing vaccine mandate amid criticism
Nearly all Republican members of the Indiana Senate on Thursday joined the criticism of IU’s policy in a letter to university President Michael McRobbie.
Genetically modified salmon from Indiana head to U.S. dinner plates
Several tons of salmon, engineered by biotech company AquaBounty Technologies Inc. and raised in Indiana, are heading to restaurants and dining services for the first time.
Bank CEOs tell Congress they’ll work to avoid foreclosures
The chief executives of the nation’s largest banks went in front of Congress for a second day Thursday, facing questions ranging from inflation to their efforts to keep Americans in their homes after pandemic aid expires this summer.
IMS lifts Indy 500 blackout, will air race live on TV
The track said on Twitter it has sold 135,000 tickets, which is its capacity limit under COVID-19 restrictions.
Feds launch investigation of Lilly factory in New Jersey
Eli Lilly on Thursday said in a government filing that it has received a subpoena from the U.S. Justice Department for documents related to the factory and is cooperating with the investigation.
Quick sale: Newfields accepts offer for Westerley estate
The museum accepted an offer for the home at 3744 Spring Hollow Road that was above the $2.2 million asking price.
Indiana reports 19 more COVID-19 deaths, 674 new cases
The state said 2.47 million Hoosiers have been fully vaccinated against COVID-19. More than 2.62 million had received the first dose of a two-dose vaccination.
Governor wants Indiana state employees in offices in July
Staffers for many state agencies have been working remotely, but Gov. Eric Holcomb said in a Wednesday email to employees that “it is not the optimal way for us to serve Hoosiers.”
Shoppers go back to stores, but retailers face challenges
With more people getting vaccinated and dropping their face masks, retailers from Walmart to Macy’s are seeing an eager return to their stores after more than a year of their customers migrating online during the pandemic.
U.S. jobless claims fall to 406,000, a new pandemic low
The latest numbers show Hoosiers filed 6,352 initial unemployment claims during the week ended May 22, a drop of 605 from the previous week.
First quarter GDP unchanged at robust 6.4% annual rate
The rise in the gross domestic product, the economy’s total output of goods and services, was the same as the government’s first look one month ago, the Commerce Department reported Thursday.