NCAA basketball season set to open day before Thanksgiving
The Division I Council voted Wednesday to delay the start date from the originally scheduled Nov. 10 as one of several precautions against the spread of coronavirus.
Indiana to begin next round of local road grants after pandemic-related pause
The state’s Community Crossings grant program has awarded more than $730 million to projects in all 92 counties over the past four years.
Report finds global economic outlook not as bad as expected
The Organization for Economic Cooperation and Development also upgraded its forecast for the U.S. economy, anticipating a contraction of 3.8% this year instead of a plunge of 7.3% forecast previously.
Federal Reserve sees rates near zero at least through 2023
Federal Reserve Chairman Jerome Powell said the economic outlook still remains highly uncertain and depends heavily on the ability of the U.S. to get control of the pandemic.
UPDATE: Health officials reduce Indy Eleven capacity to 2,500 following IBJ story
The county health department said it was reducing the soccer team’s capacity at Lucas Oil Stadium to match what will be allowed at this weekend’s Colts game.
Indiana reports lowest number of COVID-19 cases since Sept. 8
The state on Wednesday also reported 12 new deaths from COVID-19, raising the cumulative total to 3,247. The department has reported 75 new deaths over the past week, compared with 67 the previous week.
U.S. outlines sweeping plan to provide free COVID-19 vaccines
In a report to Congress and an accompanying “playbook” for states and localities, federal health agencies and the Defense Department sketched out complex plans for a vaccination campaign to begin gradually in January or even later this year.
Study hints Lilly antibody drug might cut COVID-19 hospitalizations
Wednesday’s results come from 450 people in a mid-stage study testing an antibody jointly developed by Lilly and the Canadian company AbCellera in people with COVID-19 symptoms not severe enough to warrant hospitalization.
UPDATE: Big Ten aims for late-October start to football, but without spectators
All 14 teams are expected to play eight regular-season games in eight weeks, plus have an opportunity to play a ninth game, possibly on Dec. 19, with a conference championship game in Indianapolis—if all goes well.
FedEx’s profit explodes as residential deliveries soar
Raj Subramaniam, president and chief operating officer at FedEx, said the company achieved “the growth that we expected to see over a period of three to five years … in a period of three to five months.”
Senators debate antitrust exemption for NCAA over athlete pay
The NCAA is working to change its rules restricting athletes from earning money for things such as endorsements, in-person appearances and social media posts.
IPS plans staggered in-person return in October after cautious online start
The plan is based on improved coronavirus data in Marion County. The city’s average positivity rate—the percentage of people who test positive for the coronavirus—has hovered near 5% for several weeks, according to state data.
Indiana requests to borrow $300M from federal government for jobless benefits
Indiana Department of Workforce Development chief of staff Josh Richardson said the state’s unemployment insurance trust fund is expected to run dry by the end of September.
Experts worry as U.S. virus restrictions are eased or violated
While some Americans might see such the lifting of restrictions as a welcome step closer to normal, public health experts warn the U.S. is setting itself up for failure—again.
Pelosi: House to stay in session until COVID-19 rescue pact reached
Speaker Nancy Pelosi’s comments came as moderate Democrats, many from areas won by President Donald Trump four years ago, signed on to a $1.5 trillion rescue package endorsed by the bipartisan Problem Solvers Caucus.
Indiana still has $1 billion in coronavirus relief funds left to spend
Indiana Office of Management and Budget Director Cris Johnston told the State Budget Committee on Tuesday that the state has been waiting for clearer guidance from the federal government on how the dollars can be spent.
U.S. incomes surged, poverty fell to 60-year low before pandemic
Median, inflation-adjusted household income increased 6.8% last year, to $68,703—among the fastest gains on record—as more Americans got jobs and wages rose, according to annual data released Tuesday by the U.S. Census Bureau.
Crowd-limit disparity for Colts, Eleven home games raises questions
The Indianapolis Colts will be limited to 2,500 spectators at Sunday’s home football opener at Lucas Oil Stadium even though crowds for Indy Eleven soccer games at the venue have regularly doubled that figure since early July.
Indiana reports 20 new deaths from COVID-19, most in 4 weeks
The state reported 758 new COVID-19 cases, marking the 20th time in the past 22 days that new cases have exceeded 700 in the department’s daily report.
U.S. industrial production growth slows, up 0.4% in August
Industrial production remains 7.3% below where it was in February, right before economic activity seized up in the pandemic.
Resources
Centers for Disease Control and Prevention CDC Resources for Businesses and Employers OSHA Guidance on Preparing Workplaces for COVID-19 Indiana State Department of Health Indy Chamber Rapid Response Hub Small Business Administration The SBA is making low-interest loans for working capital available to Indiana small businesses. Indiana Unemployment Information Johns Hopkins Coronavirus Dashboard Critical Industries Hotline(for business and industry only)
877-820-0890
covidresponse@iedc.in.gov State’s virus-related executive orders State plan to reopen Indiana