AMC opening almost all of its movie theaters this week
AMC’s theater reopenings are part of the entertainment industry’s gradual road to recovery as states begin loosening restrictions and more people receive vaccinations.
Associated Press
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U.S. jobless claims rise to 770,000 with layoffs still high
Despite the weekly increase, the four-week average of claims, which smooths out weekly variations, dropped to 746,000, the lowest since late November.
Athletes in Indy endure lockdown with games, naps, trips to Victory Field
This is life at a basketball tournament being played in a pandemic. The unspoken message: If players came to Indianapolis hoping for fun and games, they are not in the right place—at least not until tip-off.
Butler University’s pitch to Tony Hinkle changed basketball history
Tony Hinkle left behind a chance to play for the 1921 and 1922 World Series baseball champions, a team that won four consecutive pennants. All he did at Butler instead was change the sport of basketball—forever.
IRS delays federal income tax filing due date until May 17
The IRS announced the decision Wednesday and said it would provide further guidance in the coming days. The move provides more breathing room for taxpayers and the IRS alike to cope with changes brought on by the pandemic.
NCAA players push for compensation reform on eve of March Madness
Waiting in Indianapolis for the tournament to start, some college basketball stars on Wednesday tweeted #NotNCAAProperty as a reference to the ongoing fight to earn money for things like sponsorship deals, online endorsement and personal appearances.
NCAA teams hit by COVID-19 pauses take hope from antibodies
All those delays for COVID-19 cases that 27 of the 68 teams in the NCAA Tournament went through during the season could end up benefitting them now that they’ve arrived in Indianapolis.
Indiana attorney general defends governor’s mask order power
The defense of Gov. Eric Holcomb’s action comes even though Republican Attorney General Todd Rokita, who took office in January, previously called for curbing the governor’s authority.
Treasury: $242 billion in new relief payments already sent
The Treasury said the first batch of payments went to eligible taxpayers who provided direct-deposit information on their 2019 or 2020 tax returns.
Fed expects to keep its key rate near zero through 2023
The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
Amazon jumps into health care with telemedicine initiative
The tech giant announced it will immediately expand Amazon Care to interested employers in Washington state. By the summer, it will expand nationally to all Amazon workers and to private employers across the country who want to join.
Will work-from-home conditions outlast virus? Ford’s move suggests yes
Ford’s announcement sent one of the clearest signals to date that the pandemic has hastened a cultural shift in Americans’ work lives by erasing any stigma around remote work and encouraging the adoption of technology that enables it.
Indiana’s basketball coaching legacy looms large across America
Hinkle, Wooden, Knight and Keady form the Mount Rushmore of basketball innovation in Indiana, where successful coaches have spent more than a century testing novel concepts, breaking barriers and polishing philosophies before introducing them to America.
GOP attorneys general question stimulus barring tax cuts
The attorneys general list over a dozen instances of states currently considering new tax credits or cuts that they believe could be jeopardized simply because of the relief funds.
How arenas work to keep fans safer while attending indoor sports
Experts say attending events like the NCAA basketball tourney is relatively safe because of how big arenas with high ceilings work to move and mix air—as long as capacity limits allow for physical distancing and masks are still worn properly.
Indiana lawmakers pass bill to ensure school funding
The bill redefines what constitutes a “virtual student” and ensures schools receive full funding for all students, regardless of whether they are receiving instruction virtually or in the classroom due to the coronavirus pandemic.
Battling bigness: Congress eyes action against monopolies
The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become so concentrated that they’re hurting competition, consumers and the economy. The economic dislocation of the pandemic has laid bare the struggles of small businesses unable to compete with corporate giants that have been […]
February retail sales fall 3% after soaring the month before
The decline from the previous month came after retail sales jumped 7.6% in January as people spent $600 stimulus checks sent at the end of last year.
With NIL reform in limbo, NCAA heading toward busy June
Despite the current gridlock, NCAA President Mark Emmert said he is still hopeful the NCAA will have uniform national name, image and likeness rules in place before the start of next football season.
Basketball temples in Indiana taking center stage at tourney
Six of the arenas that helped create Indiana’s basketball legacy will go on full display when the NCAA Tournament tips off later this week.