Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.
Perhaps $1 billion will have to be spent from the state’s $2.3 billion in cash reserves to get through the budget year that ends June 30, Gov. Eric Holcomb said Friday.
Stocks were led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak.
The Food and Drug Administration has given emergency approval to a plan to distribute millions of doses of anti-malarial drugs to hospitals across the country, saying it is worth the risk of trying unproven treatments to slow the progression of the disease in seriously ill coronavirus patients.
The state said more than 5,300 health care workers who are not currently working in hospital settings have volunteered to help during the projected coronavirus surge, which is expected to begin in mid April.
Nearly $3 million has already been committed to the fund, including $1 million from Indianapolis-based Anthem Inc. and $1.5 million from the city of Indianapolis.
Experts on managing factory production say GM is making an extraordinary effort for a company that normally isn’t in the business of producing ventilators.
The Indiana State Department of Health has reported 805 new cases in the state over the past three days.
Sahm’s Restaurant Group has retooled its operations to benefit the not-for-profit Second Helpings and to create a series of marketplaces, where customers can get takeout meals as well as grocery items.
The tourism bureau’s 62 employees will see their work weeks cut to four days through at least April.
A group called the Gig Workers Collective is calling for a nationwide walk-out Monday. They’ve been asking Instacart to provide workers with hazard pay and protective gear, among other demands.
President Donald Trump is extending the voluntary national shutdown for a month as sickness and death from the coronavirus pandemic rise in the United States.
In a wide-ranging interview, Roger Penske insisted his commitment remains steadfast to the Indianapolis Motor Speedway and the IndyCar Series as the world waits for the pandemic to end.
State guidelines issued Friday outlined what daycares should do to maximum health and safety during the COVID-19 public health crisis.
The Indiana State Department of Health has reported 533 new cases over the past two days.
Tony Sizemore, 62, of Indianapolis, shares the story of the death of his partner, Birdie Shelton, the first person to die of the COVID-19 virus in Indiana.
The department reported that 8,407 people have been tested so far, up from 6,936 people in the previous day’s report.
The Chicago-based medical-device maker plans to supply 50,000 tests a day starting April 1.
General Motors said it is scheduled to start shipping ventilators as soon as next month from an automotive electronics factory in Kokomo.
Allison said it’s suspending some of its local production lines because the coronavirus outbreak has disrupted supply chains and weakened customer demand.
