In Indiana, more than 90% of federal loans topping $150,000 went to companies, according to the Treasury Department data. About 6% of the loans went to not-for-profit organizations.
The country’s rolling seven-day average of daily new cases hit a record high Monday—the 28th record-setting day in a row.
The forgivable Paycheck Protection Program loans, aimed at maintaining payroll, weren’t available to public school districts.
Colleges across the U.S. were already expecting sharp decreases in international enrollment this fall, but losing all international students could be disastrous for some. Many depend on tuition revenue from international students, who typically pay higher tuition rates.
Collective experience might be showing results. U.S. deaths, which often ranged between 2,000 and 3,000 a day in April and May, have mostly remained below 1,000 and in the low hundreds since the beginning of June.
The S&P 500 index posted its fifth straight increase, its longest winning streak since December, as Amazon.com Inc. shares rose past $3,000 for the first time.
Senate Majority Leader Mitch McConnell, R-Ky., outlined new details Monday of what he wants to see in the next and potentially final coronavirus relief package.
As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15. The new deadline is rapidly approaching.
Recipients covered a broad swath of industries, with some that were less directly impacted by the coronavirus pandemic, such as manufacturing and construction, receiving a greater proportion of the loans than the hard-hit restaurant, bar and hotel industries.
The letter was endorsed by 239 scientists from a variety of fields. It stated that the issue of whether or not COVID-19 was airborne was of “heightened significance” as many countries stop restrictive lockdown measures.
In all, the list includes 2,499 Indianapolis entities and 11,853 entities statewide that received Paycheck Protection Program loans of $150,000 or more. The list includes the Indianapolis Business Journal, which received a loan of between $350,000 and $1 million.
The women’s pro basketball league announced on Monday that seven of its 137 players have tested positive. Fever officials confirmed two of them played for Indiana.
The Indiana State Department of Health on Monday reported an increase of 323 virus cases compared with Sunday’s numbers.
IBJ columnist Peter Dunn offers advice for people who are in financial trouble right now because of the pandemic, those who are at risk of trouble and those who are likely to escape relatively unscathed, if not in a better position than when the pandemic started.
School districts across America are in the midst of making wrenching decisions over how to resume classes in settings radically altered by the pandemic.
The child-care crunch triggered by the pandemic has rapidly become a crisis for many workers and companies that is hindering the economic recovery, disproportionately harming women, and threatening to leave deep scars for years to come.
As our isolation dragged on with Alexa, Siri and Google’s nameless “assistant “serving as one of our few outlets for conversation, a certain animosity for these devices has grown for some, seemingly exponentially.
Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.
The Indiana State Department of Health on Sunday reported an increase of more than 500 cases for the third straight day and increase in testing of more than 9,400.
In addition to requiring masks, guidance from the Marion County Public Health Department also recommends keeping students 3 feet to 6 feet apart and teachers 6 feet from students.
