The Indianapolis-based hunger relief organization has seen demand for its services soar because of the coronavirus pandemic. The health crisis has forced the group to convert its biggest annual fundraiser into an online event.
The California-based company has 38 stores in 10 states. Its planned Indianapolis location, at a former Toys “R” Us store near Castleton Square Mall, will be its first in the state.
Some local restaurants trying to stay afloat without dine-in service report sales have plunged by two-thirds or more, raising questions about how much longer they’ll be able to survive.
Asbury, which has eight Indianapolis-area dealerships, said it’s furloughing 2,300 employees across its 10-state operating footprint due to a sharp drop-off in sales and service revenue.
Banks say they’re seeing overwhelming demand for Paycheck Protection Program coronavirus relief loans, and the Small Business Administration’s website is getting bogged down when they attempt to submit loan applications.
Transportation engineer Jennifer Pyrz now will lead IndyGo’s capital plan projects, including its upcoming Purple Line and Blue Line bus rapid-transit projects.
The Indiana Department of Transportation said it was accelerating planned construction on the interstate while traffic is down about 40%.
The engine-maker says it will close three Columbus manufacturing sites and one in Seymour until May 4. The news comes a day after the company announced that it would temporarily reduce the salaries of its U.S. employees by 10% to 25%.
The number of Hoosiers filing for unemployment benefits has skyrocketed over the past two weeks.
The company, which has about 350 employees, makes medical-grade refrigerators, freezers and defrosters for vaccines, medicines, blood products and other perishable medical supplies.
The action affects employees as well as the Columbus-based engine maker’s CEO and board members. The company said it will re-evaluate the temporary pay cuts at the end of the second quarter.
Local landlords say they’re willing to offer relief to some of their retail tenants who’ve been hit hard by coronavirus-related closures—but the amount of relief, if any, varies depending on circumstances.
Allison said it’s suspending some of its local production lines because the coronavirus outbreak has disrupted supply chains and weakened customer demand.
The mother and daughter have temporarily shuttered their floral and gift shop in Salesforce Tower.
But the bankers also say it’s unclear how the pandemic might affect commercial customers—and the banks themselves—in the longer term.
IndyGo says it’s cutting service because ridership has dropped as businesses have shut down or asked employees to work from home.
The restaurant, part of Holladay Properties’ LaGrotte Square development, opened on the same day that a coronavirus-related prohibition on in-house restaurant dining took effect. The owners say they’ve seen good support from neighbors who have come for take-out orders in the restaurant’s first week.
Upscale restaurant Hedge Row and the more casual Next Door both opened in Indianapolis in 2018. Both are part of The Kitchen Restaurant Group founded by Kimbal Musk.
Fishers-based Sahm’s Restaurant Group has teamed up with OneAmerica Financial Partners Inc. and the not-for-profit food relief organization Second Helpings to launch a meal-preparation operation.
IndyGo is in the hot seat after lawmakers raised the issue during their recent 2020 legislative session of the transportation agency’s legal requirement to raise 10% of its increased tax revenue.
