Jobless claims remain high, raising stakes for Trump’s demands on relief bill
If Trump does not sign the $900 billion stimulus package, 12 million Americans will lose unemployment aid after Christmas.
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Carmel-based Delta Faucet to acquire New York-based maker of kitchen, bathroom fixtures
Like Delta, Kraus USA makes sinks, faucets and other accessories for kitchens and bathrooms. Delta also was attracted by Kraus’ strong online retail presence.
Consumer spending drops 0.4% in first decline since April
In addition, personal incomes fell 1.1% in November, the third drop in the past four months as various government relief programs have been expiring.
U.S. layoffs remain elevated as 803,000 seek jobless aid
The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs as the pandemic tightens business restrictions and leads many consumers to stay home.
Pfizer, BioNTech to supply U.S. with additional 100M vaccines doses
Under the nearly $2 billion deal announced Wednesday, the companies will deliver at least 70 million additional doses by June 30, with the remaining 30 million to be delivered no later than July 31.
Can employers make COVID-19 vaccination mandatory?
The U.S. Equal Employment Opportunity Commission has allowed companies to mandate the flu and other vaccines, and has also indicated they can require COVID-19 vaccines.
Lafayette Square Mall sold to local real estate firm
Indianapolis-based Perez Realty Group acquired the 113-acre retail property on Dec. 18 for a yet-undisclosed price.
U.S. close on deal with Pfizer for millions more vaccine doses
Pfizer’s vaccine was the first to gain approval from the Food and Drug Administration and initial shipments went to states last week.
Trump calls for $2,000 stimulus checks, hints he might not sign $900B relief bill
In a video posted to Twitter, the president called the $600 checks authorized by the bill “ridiculously low” and complained about a list of provisions that he described as “wasteful spending and much more.”
HAND Inc. plans first affordable, for-rent neighborhood in Fishers
HAND Inc.’s planned Cumberland Cottages could bring 11 affordable, for rent homes to the southwest corner of 141st Street and Cumberland Road. The estimated $2.5 million needs a rezone and state funding to be built by the end of 2022.
Vaccines will be ‘scarce resource for a really long time,’ Indiana health officials say
Indiana received 55,000 doses of the Pfizer vaccine on Friday, and another 39,000 doses on Monday, which is a fraction of the state’s needs, officials say.
Justice Department sues Walmart, says it helped fuel opioid crisis
The lawsuit, filed Tuesday by the Justice Department, says the nation’s largest retailer did not properly screen prescriptions at its 5,000 pharmacies. The agency is seeking civil penalties that could total billions of dollars.
State has been reporting inaccurate COVID-19 positivity rate due to coding error
Indiana health officials have erred in reporting the state’s COVID-19 positivity rate since the beginning of the pandemic due to a problem with the way it was computed, resulting in a lower rate than would be accurate, officials said Tuesday.
Punch Bowl Social restaurant chain files for bankruptcy
The company, which opened a location in downtown Indianapolis in 2016, describes its business as being in a “mothballed period” and said that it anticipates reopening venues “once it is safe to do so.”
Fishers to limit bar, restaurant hours for 2 weeks beginning Dec. 25
The Fishers Health Department says that it specifically is trying to “curb New Year’s Eve gatherings” as the city deals with record numbers of COVID-19 cases.
Coronavirus relief legislation could end ‘surprise’ medical bills
Although lawmakers of both parties long agreed that the practice amounted to abusive billing, a lobbying war between doctors and insurers had thwarted a compromise.
State reports 143 more COVID-19 deaths, bringing total to 7,244
Meanwhile, statewide hospitalizations due to COVID-19 inched up to 3,064 on Monday from 2,967 on Sunday. The high mark was 3,460 set on Nov. 30.
Carmel council clears way for hotel, apartments at Clay Terrace
Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.
Self-storage firm enters Indy market by acquiring Fishers, Noblesville facilities
Missouri-based StorageMart has more than 200 facilities and has opened or acquired several locations during the pandemic. Industry watchers say the industry segment thrives on death, displacement, divorce and disaster.
Local sporting goods supplier paying $600K to settle discrimination allegations
The U.S. Department of Labor alleged that BSN Sports discriminated against thousands of people who applied for jobs at the company’s Indianapolis production facility. The firm’s settlement is not an admission of guilt.