The Whit owner lists property for sale, with asking price of up to $120M
The nine-story building features 334 apartment units, a 540-space garage and the 16-Bit Arcade+Bar.
Indiana’s death toll from COVID-19 surpasses 2,800
Marion County on Wednesday reported an increase of 132 cases, the 20th straight day that cases in the county have risen by more than 100.
Big Ten football season set to begin on Labor Day weekend
The Big Ten championship game in Indianapolis remains scheduled for Dec. 5 but could be moved to as late as Dec. 19.
Treasury ramps up auctions as borrowing, virus surges
The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs.
Steak n Shake revives car-hop service at almost half its restaurants
In an effort to drum up more business during the pandemic, Indianapolis-based Steak n Shake is rolling out a modern version of a restaurant service method that was all the rage in the 1950s.
Urgency grows on virus relief legislation, but sides still far apart
Frustrated Senate Republicans re-upped their complaints Tuesday that Democratic negotiators are taking too hard a line in talks on a sweeping coronavirus relief bill.
Allison Transmission turns quarterly profit despite 49% decline in revenue
Allison Transmission Holdings Inc. on Tuesday reported second-quarter earnings that surpassed Wall Street expectations but revenue that fell short.
Indiana teachers union supports national threat to strike over unsafe reopenings
The union—which statewide represents around 4,500 educators and school support staff—made its call for schools to open only if coronavirus cases are under control and schools have the needed safeguards.
For unemployed, rising grocery prices stretching budgets during pandemic
Compared to this time last year, prices for beef and veal are up 25.1%. Eggs are up 12.1%, and pork is up 11.8% from a year earlier, according to seasonally adjusted data.
Fort Wayne city panel pulls $62M in funding to redevelop former GE site
The terminated economic development agreement called for a $280 million mixed-use redevelopment of the former 31-acre General Electric campus with new commercial and retail space. The site once employed more than 10,000 GE workers.
Trump signs $3B-a-year plan to boost conservation, parks
Supporters say the Great American Outdoors Act is the most significant conservation legislation enacted in nearly half a century.
No masks, no distance: Pandemic wedding horrors for vendors
Now that weddings have slowly cranked up under a patchwork of ever-shifting state and local restrictions, planners, photographers and other bridal vendors have a heap of new worries in the middle of the pandemic.
Performance Racing Industry hoping to hold December trade show
More than 940 exhibitors have already registered for the event, which could bring upwards of 67,000 people to the Indiana Convention Center and generate an economic impact of $65.2 million. But county health officials haven’t yet approved the event.
Indy 500 to run without fans in the stands
The race had been postponed from its usual Memorial Day weekend date to Aug. 23, before announcements that the track would limit seating to 50% and then later 25%—with masks required—and now with no fans at all.
Indiana reports another 836 COVID-19 cases, 14 more deaths
Marion County reported an increase of 166 cases, the 19th straight day that cases in the county have risen by more than 100.
COVID-19 reshapes back-to-school spending
The National Retail Federation, the nation’s largest retail trade group, predicts record back-to-school spending this year, but other retail experts foresee big cutbacks.
As pre-K gains momentum in Indiana, pandemic creates new obstacles
After several years of building up its pre-K program, Indiana is now poised to evaluate the success of On My Way Pre-K. But the coronavirus could make it difficult.
NFL plans to use tech, lessons from baseball to forge ahead
The National Football League, a little over a month from the start of its 2020 season, has a plan to avoid the kind of coronavirus-driven game cancellations that have plagued the start of Major League Baseball.
California’s lockdown-related job losses portend trouble for rest of nation
Renewed job losses in California brought on by revived lockdown efforts might have a preliminary impact in the July U.S. jobs report due Friday—and an even bigger effect in August.
Federal nursing home plan limits upfront supply of free COVID-19 tests
The weekly cost of testing employees could range from more than $19,000 to nearly $38,000, according to estimates. But the Trump administration said nursing homes can cover the cost of ongoing testing from a $5 billion pot provided by Congress, and allocated to the facilities by the White House.
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