Simon Property, Authentic Brands buying Brooks Brothers for $325M
The venture between Authentic Brands Group and Simon Property Group will continue running at least 125 of Brooks Brothers’ 200 stores as part of the deal.
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Colleges planning football in spring face lots of questions
Exactly when a season could be played in the spring is likely to be determined by the status of the pandemic and the NCAA men’s basketball tournament. Would anybody in college sports want football treading on basketball’s main event?
Indiana reports 671 more COVID-19 cases amid big drop in testing
The Indiana State Department of Health on Wednesday reported the testing of 5,760 more individuals. That’s the smallest testing number in a daily report since July 7
OpenTable’s new CEO sees shakeout looming for U.S. restaurants
The industry remains on track to lose 25% of its eateries nationwide based on the pace of reservations, according to Debby Soo, who took over this month as CEO of the restaurant-booking service.
Retailer Stein Mart files for bankruptcy, might close all 281 stores
Stein Mart is a discount retailer that runs 281 stores in 30 states, including four in the Indianapolis area.
Companies test antibody drugs to treat, prevent COVID-19
With a coronavirus vaccine still months off, companies—including Indianapolis-based Eli Lilly and Co.—are rushing to test what might be the next best thing: drugs that deliver antibodies to fight the virus.
Alonso confident in McLaren prep for another Indy 500 attempt
The former Formula One champion, who failed to qualify for the race last year in a spectacularly woeful effort by McLaren, has returned to Indianapolis Motor Speedway for a third attempt at winning.
Delaware County school district quarantines 228 students
It’s the largest student quarantine in the state reported so far, topping the roughly 48 students affected in the Lanesville Community Schools in southern Indiana’s Harrison County.
Cheapest apartments facing biggest foreclosure risk from pandemic
While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.
Virus surge makes U.S. weaker link in global economic recovery
The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.
County health department steps up enforcement of mask, social distancing mandates
The Marion County Public Health Department will now immediately slap $1,000 fines on businesses and venues that defy mask and social distancing mandates, Dr. Virginia Caine, department director, announced Tuesday.
Governors raise concerns about Trump’s executive order, but Holcomb’s position unclear
As governors in other states raise concerns about President Donald Trump’s order to partially extend federal unemployment bonus payments, Indiana Gov. Eric Holcomb’s administration is mostly staying silent.
State passes 75K total COVID-19 cases, reports highest daily death toll in 2 months
Marion County reported an increase of 125 cases, the 26th straight day that cases in the county have risen by more than 100.
U.S. producer prices up 0.6% in July, biggest jump since 2018
The Labor Department said Tuesday that the jump last month in its producer price index—which measures inflation before it reaches consumers—was about twice what economists had expected.
Russia’s approval of COVID-19 vaccine greeted with skepticism
Russia on Tuesday became the first country to approve a coronavirus vaccine for use in tens of thousands of its citizens despite not completing clinical trials.
UPDATE: Trump, coaches push for college football as leagues consider calling off season
The Mountain West on Monday became the second major conference to call off fall sports, joining the Mid-American Conference. The Big Ten and Pac-12 could soon follow suit.
No federal relief leaves states, cities facing big budget decisions
On Monday, governors, lawmakers, mayors, teachers and others said they were going to keep pushing members of Congress to revive talks and agree to another rescue package.
Telemedicine shines during pandemic but will its glow fade?
Doctors scrambled to shift to telemedicine when the coronavirus hit the U.S earlier this year. Here’s how doctors and health care researchers envision it evolving after the pandemic.
Big Ten cancels fall football, reports say
The decision came a day after the Mid-American Conference became the first among 10 leagues that play at the highest tier of Division I college football to cancel fall sports.
Indiana reports 673 additional COVID-19 cases, three more deaths
The 7-day testing-positivity rate dipped from 7.7% on Sunday to 7.3% on Monday. The state’s overall testing-positivity rate remained at 8.8%.