Pfizer reports encouraging early COVID-19 vaccine data
There was a concerning signal in the Pfizer trial: The majority of people given an intermediate dose of the vaccine developed fevers, chills and other low-grade symptoms that lasted a day.
Pay cuts for millions of U.S. workers worsen the pain of pandemic
At least 4 million private-sector workers have had their pay cut during the pandemic, according to economists who worked on a labor market analysis for the University of Chicago’s Becker Friedman Institute.
Survey: U.S. companies added 2.4 million jobs in June
The payroll company ADP said Wednesday that small businesses reported the biggest increase, adding 937,000 jobs. Among industries, construction firms, restaurants and hotels, and retailers posted large gains in hiring.
Senate reaches deal to extend Paycheck Protection Program
Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.
Fauci: United States could reach 100,000 new cases a day
Dr. Anthony Fauci said areas seeing recent outbreaks are putting the entire nation at risk. He cited recent video footage of people socializing in crowds, often without masks, and otherwise ignoring safety guidelines.
Stocks close out best quarter since 1998 with more gains
The whiplash that ripped through markets in the second quarter came as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
New public-private task force to tackle downtown problems
Organizers on Tuesday announced the formal launch of a business and community task force that will try to address issues facing downtown Indianapolis stemming from the pandemic and social unrest.
Summer carnival to occupy Indiana State Fairgrounds for five weeks
The Indiana State Fair has been called off this year, but the fairgrounds will still feature dozens of rides and vendors selling fair food this summer.
In quarantine, some stay-at-home parents are feeling less invisible
Because the pandemic has forced working parents around the world to take on the additional responsibilities of numerous types of caregivers—teachers, nannies and housekeepers, to name a few—do people now have more empathy for stay-at-home parents?
Indiana COVID-19 cases increase by 366, deaths by 16
Indiana has seen rising coronavirus case numbers over the past seven days compared with the previous week.
Children’s Museum, art museum to reopen to general public
The Children’s Museum said it is projecting a loss of $4 million to $7 million in 2020 because of the three-month health crisis closure.
Visit Indy spending $50K on digital ads to entice visitors
The tourism group’s new “You Have Earned It” campaign focuses on Indiana residents and relies heavily on Facebook and Google advertising platforms.
New campaign aims to raise awareness, support for local Black businesses
The campaign, which launches Wednesday, has two goals: Supporting local Black-owned businesses and helping other companies do a better job of supporting the Black community.
Billions of dollars in aid for small businesses go unclaimed
Business owners and advocacy groups complain that the money in the Paycheck Protection Program has not fully put to work because the program created obstacles that stopped countless small businesses from applying.
Fed’s program for loaning to Main Street off to slow start
Fed officials say more than 200 banks have signed up to participate since the program began two weeks ago, but that’s a small slice of the nation’s roughly 5,000 lenders. None have made any loans yet.
Two Indiana counties, more states requiring mask wearing
Amid an alarming resurgence of coronavirus cases in places nationwide, more people are being required to wear masks in public.
Stocks rally on better-than-expected economic data
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.
Survey: Top CEOs expect virus business fallout through 2021
Business Roundtable’s CEO Economic Outlook Survey fell to 34.3 in the second quarter, its lowest reading since the same three months of 2009, according to results released Monday.
AMC delays planned movie theater reopenings by two weeks
The company had planned to begin opening theaters in mid-July, but last week the July theatrical release calendar was effectively wiped clean.
Tracking coronavirus cases proves difficult amid new surge
Contact tracing—tracking people who test positive and anyone they’ve come in contact with—was challenging even when stay-at-home orders were in place. Now it’s getting even more difficult as states reopen.
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