U.S. stocks rally on hopes for coronavirus drug
The Nasdaq composite index rose to within 1% of erasing losses for the year, led by Alphabet after it reported an ad-sales slowdown that wasn’t as bad as expected.
The Nasdaq composite index rose to within 1% of erasing losses for the year, led by Alphabet after it reported an ad-sales slowdown that wasn’t as bad as expected.
By outsourcing the job to Virginia-based Maximus Inc., Indiana health officials hope to take the burden off of local health departments for the time-consuming job of contacting all COVID patients and learning who they might have exposed.
An experimental drug has proved effective against the new coronavirus in a major study, shortening the time it takes for patients to recover by almost a third on average, U.S. government and company officials announced Wednesday.
Federal Reserve Chairman Jerome Powell suggested that given the depth of the U.S. economic catastrophe, with perhaps 30 million people having lost jobs in the past six weeks, it will “probably will take some time for us to get back to a more normal level of employment and ultimately maximum employment.”
Woody Myers on Wednesday released a plan that includes establishing a state-funded stimulus program for small businesses, creating a small business recovery task force and launching a “Buy Indiana First” campaign.
A new survey released by Indianapolis-based Strada Education Network says an estimated 28 million American adults have canceled their education plans amid the COVID-19 pandemic.
The Indiana State Department of Health said Wednesday that the cumulative death toll in the state rose to 964, up from 901 the previous day—an increase of 63.
During its recent first quarter financial results call, Delta Air Lines announced reductions of 80% in U.S. domestic capacity and 90% international capacity.
It was the sharpest fall since the economy shrank at an 8.4% annual rate in the fourth quarter of 2008 in the depths of the Great Recession.
Even as a few states began reopening some businesses this week, it remains unclear how long it will be before health experts declare it safe to cram ticket-buyers into sweaty arenas, concert halls or even performances of Shakespeare in the park.
The sporting and recreational equipment manufacturer said it repaid its loan to comply with a rule change in the Paycheck Protection Program.
Carmel-based Fat Atom Marketing has gone out of business, citing the health crisis as the final straw. Marketing industry experts predict there will be a big increase in the number of firms forced to close due to the impact of the coronavirus.
Companies are being affected in different ways during the pandemic, but if there’s a common theme, it’s that the situation was bad in the first quarter, and it’s going to get worse.
With states lifting their coronavirus restrictions piecemeal and according to their own, often arbitrary, timetables, Americans are facing a bewildering multitude of decisions about what they should and should not do to protect their health, their livelihoods and their neighbors.
The Covid-19 pandemic is hampering research across the pharmaceutical industry, including at Indianapolis-based Eli Lilly and Co.
The order will use the Defense Production Act to classify meat processing as critical infrastructure to keep production plants open.
The Indiana State Department of Health on Tuesday announced it has reached an agreement with a subsidiary of United Health Group to open 20 testing sites around the state in the next week and 50 sites by mid-May.
The 49 Simon Property Group shopping centers that CNBC says are slated to reopen by Monday represent about one-quarter of the company’s U.S. properties.
The National Transportation Safety Board released the findings of its investigation into the July 2018 tragedy that killed nine members of an Indianapolis family.
The Indiana State Department of Health on Tuesday reported that 87,181 people have been tested so far, up from 84,476 in Monday’s report—an increase of 2,705 tests.