Business

INDIANAPOLIS — It’s nearly time for Peter Bosworth to spend a few weeks frying tortilla chips at Luciana’s Mexican Restaurant and Cantina.

From 2009-2021, U.S. stocks (particularly the mega-capitalization “FAAMG” stocks; Facebook (now Meta Platforms), Apple, Amazon, Microsoft and Google (now Alphabet) were driven by the rallying cry, There Is No Alternative (“TINA”), in reference to an unprecedented era of ultra-low interest rates and massive liquidity fueled by the Federal Reserve (“Fed”). Bond yields approaching 0% forced investors out onto the risk spectrum and turn to “riskier” assets like stocks in hopes of generating returns.

INDIANAPOLIS — Fifty-five Indiana hospitals will get docked more than $8 million in total from the federal government for having too many Medicare patients return for care within a month of discharge.

INDIANAPOLIS — Because the North American airline industry cut employees in response to its hit from COVID-19, it is now 8,000 pilots short of where it needs to be to meet demand.

Dr. Neil A. Pence of Columbus has been named to the American Academy of Optometry Hall of Fame. Members of the first Academy Hall of Fame class were announced and honored at the recent annual meeting of the American Academy of Optometry in San Diego in late October.

BLOOMINGTON — The Indiana University Kelley School of Business released its annual Business Outlook forecast on Thursday, and uncertainty is the primary highlight heading into 2023.

INDIANAPOLIS — In a new initiative supported by Eskenazi Health and Cummins Inc., a former IndyGo bus could start a second life by the end of the year — distributing fresh food, providing nutrition education and troubleshooting problems Indianapolis residents have applying for food stamps.

Barbara Hackman, Bartholomew County treasurer, was elected third vice president of the Association of Indiana Counties (AIC) board of directors. She began her term on Nov. 1. Board elections were held during the AIC’s Annual Conference in September.

Two members of The Republic staff have received national accolades for their professional achievements.

Centra Credit Union was recognized for three statewide awards for philanthropic efforts and member-friendly programs by the Indiana Credit Union League. The award recipients were announced at the Indiana Credit Union League Chairman’s Awards Banquet Oct.14.