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.
The pandemic took a huge bite out of routine surgeries and other highly profitable procedures at the state’s largest hospital system.
Gains for tech stocks, particularly Microsoft and Apple, pushed the Nasdaq composite up 1.5%, to another record.
Postal Service officials, bracing for steep losses from the nationwide shutdown caused by the pandemic, have warned they will run out of money by the end of September without help from Congress.
The Congressional Budget Office is projecting that the deficit for this year will soar to $3.7 trillion, far surpassing the previous record deficit of $1.4 trillion in 2009, the first time the shortfall for a single year topped $1 trillion.
Both the Trump administration negotiating team and top Capitol Hill Democrats remain far apart, and talks since Saturday—when the combatants announced modest progress—have yet to lend momentum.
The hospital has made more than $60 million in cuts, including the elimination of its 401(k) match through the rest of the year and the closing of a rehabilitation hospital in Kokomo.
Meanwhile, parents and caregivers of football players at an Indianapolis high school have been told to monitor their children after a player at Warren Central tested positive for the virus.
Marion County reported an increase of 153 cases, the 18th straight day that cases in the county have risen by more than 100.
Indianapolis-based Republic expects the layoffs to take place in two waves on Oct. 1 and Nov. 1, although they likely will be temporary for local pilots, flight attendants, dispatchers and maintenance facility employees.
Tailored Brands, the owner of Men’s Wearhouse, Jos. A. Bank and K&G Fashion Superstore, has 11 total stores in the Indianapolis area.
The Indianapolis-based drugmaker said it will enroll about 2,400 residents and staff of nursing homes to test an antibody it is developing with a Canadian biotech. Nursing homes account for about 40% of U.S. deaths from COVID-19.
U.S. House Speaker Nancy Pelosi, Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows made clear in separate interviews Sunday that they remain far apart on another pandemic relief package.
Federal authorities say one of the gravest threats to the November election is a well-timed ransomware attack that could paralyze voting operations. The threat isn’t just from foreign governments, but any fortune-seeking criminal.
The state on Sunday said Marion County saw an increase of 132 cases, the 17th straight day that cases in the county have risen by more than 100.
The Indiana State Department of Health on Saturday reported 989 new COVID-19 cases, the second-highest number of cases reported in the daily report since the beginning of the pandemic.
Over the past two months, congressional approval ratings have crashed downward, after a sudden previous bump in approval. Fewer than 1 in 5 voters say they like what lawmakers are doing on Capitol Hill, according to the Gallup Poll.
The stock market flipped up and down throughout the day amid worries about the economy and whether Congress can find agreement on more aid for it.
Pacers Sports & Entertainment, which owns and manages the Indiana Pacers and Indiana Fever, has cut about 16% of its full-time workforce in response to financial losses during the pandemic, a spokesman told IBJ.
Both sides say the talks have not produced much progress but they could be nearing a critical phase over the weekend and into next week.
