S&P 500 closes at a record, erasing last of pandemic losses
The stock market’s sprint back to an all-time high means that the gut-wrenching, nearly 34% plunge for the S&P 500 from Feb. 19 through March 23 was the quickest bear market on record.
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Survey: States uncommitted to Trump’s unemployment boost
One reason for the states’ hesitancy is that they fear they will go through the complex steps required to adopt Trump’s plan, only to have it overridden by one from Congress.
Virus clusters erupt at U.S. universities as semester begins
The University of Notre Dame has reported 58 confirmed cases since students returned to the South Bend campus in early August.
An Andretti wins first Indy 500 pole for family in 33 years
Marco Andretti was 2 months old the last time his venerable racing family led the field to green at the Indianapolis 500.
Taller cubicles, staggered schedules: Returning office workers forced to adjust
Around the United States, office workers sent home when the pandemic took hold in March are returning to the world of adjustments, but offices in many cities still remain mostly vacant.
Federal gun violence initiative unveiled in Indianapolis
Fifty-seven federal agents and investigators will work with the Indianapolis Metropolitan Police Department in a 45-day initiative under the auspices of Operation Legend, U.S. Attorney Josh J. Minkler said Friday.
U.S. retail sales regain pre-virus level, but slowdown expected
Sales at retail stores and restaurants have now risen for three straight months, after plunges in March and April. Still, much of the spending was fueled by government aid that has since expired.
U.S. productivity rises 7.3% as hours worked fall by nearly half
The Labor Department said Friday that output decreased 38.9%, the biggest decline ever recorded as hours worked fell 43%.
U.S. industrial production up 3%; factory output up 3.4%
American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
Trade group report: Gambling economy hit hard by coronavirus
The pandemic and efforts to fight it led to a nearly 79% drop in commercial gambling revenue for the second quarter of 2020, the industry’s trade association reported Thursday.
Indiana Black Caucus pushes for more police accountability
Marijuana decriminalization, enhanced protester protections and studying racism as a public health crisis are among the more than three dozen other points outlined by the caucus.
NCAA cancels fall championships, looks toward winter, spring contingencies
The highest tier of Division I football, the Bowl Subdivision, is not affected because it is not overseen by the NCAA.
Purdue coach proposes running two football seasons in 2021
Purdue University Head Football Coach Jeff Brohm said he believes football can be played safely in the spring and again next fall if university presidents and medical teams agree.
American considering cutting flights to many smaller cities
American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an airline executive familiar with the matter said Thursday.
AMC to offer 15-cent tickets on first day of reopening
The openings of more than 100 theaters nationwide include two theaters in Indianapolis.
Business disruption lingers from widespread Midwest storm
States on Wednesday continued to deal with the impact of a wind storm that tore through the Midwest, as widespread power outages kept businesses closed, limited communication, spoiled food and caused long lines at gas stations.
Two Indianapolis police officers charged with battery in protesters’ arrests
A grand jury indicted two Indianapolis police officers on battery and other charges following an investigation into allegations that they used excessive force while arresting demonstrators at a May protest downtown.
McMillan gets rewarded by Pacers with 1-year contract extension
Coach Nate McMillan has a record of 181-136 in four seasons and needs one more win to break a tie with Rick Carlisle for third in career victories during the franchise’s NBA history.
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.
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?