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Steak n Shake closes 13 more restaurants amid slowing customer traffic
Steak n Shake revenue plummeted to $78.8 million in the third quarter, down from $141.3 million a year ago.
Steak n Shake revenue plummeted to $78.8 million in the third quarter, down from $141.3 million a year ago.
The Indiana State Department of Health on Monday said the seven-day moving average for COVID-19 cases reached another all-time high of 4,212.
Markets were already sharply higher on the U.S. election result when Pfizer said that research shows vaccine shots may be 90% effective at preventing COVID-19, indicating the company is on track this month to file an emergency-use application with U.S. regulators.
The coronavirus shots, made by Pfizer and its German partner BioNTech, are among 10 possible vaccine candidates in late-stage testing around the world—four of them so far in huge studies in the U.S.
Nursing homes and other long-term care facilities account for about 1% of the U.S. population, but represent 40% of COVID-19 deaths, according to the COVID Tracking Project.
The Indiana State Department of Health has reported 262 new COVID-19 deaths over the past seven days, up from 229 the previous week.
Hospitalizations due to COVID-19 also rose to another high in Indiana, as did testing of new individuals.
The increase included a $3.98 billion increase in credit card borrowing, the first rise since February. Credit card use had fallen for six straight months as households cut back on use of credit cards once the pandemic hit.
With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.
Passenger traffic at the airport is expected to be 45% lower in 2020 than last year, but airport leaders say they are confident they can keep the organization’s finances stable.
High levels of uncertainty, along with other pandemic-related factors, have pushed U.S. commercial bank deposits to record highs since the beginning of the year.
The state reports county-level case numbers and identifies schools and long-term-care facilities that have had outbreaks, but it does not share cases by ZIP code nor identify categories of businesses where the virus is being transmitted. Doing so would help Hoosiers make better decisions.
The Indiana State Department of Health on Friday said the seven-day moving average for COVID-19 cases reached another all-time high of 3,576.
The Indianapolis-based company, which makes specialty hydrocarbon and fuels products, said it is seeing business conditions improve compared with earlier months of the pandemic.
The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday. It announced no new actions after its latest policy meeting but left the door open to provide further assistance in the coming months.
Carmel-based CNO Financial Group Inc. saw a sharp increase in profit during the third quarter, partly because its customers deferred seeking medical care and, as a result, submitted fewer health insurance claims.
Two days after Election Day, neither candidate had amassed the votes needed to win the White House. But Biden’s victories in the Great Lakes states left him at 264, meaning he was one battleground state away—any would do—from becoming president-elect.
Ventec, in a partnership with General Motors, began operations in the GM Components Holdings plant in April, hiring local employees to make 30,000 ventilators for hospitals in the fight against the COVID-19 pandemic.
The Indiana State Department of Health on Thursday reported 45 more COVID-19 deaths. Newly reported deaths have reached or topped 25 for 10 straight days and have been in double digits 28 times over the past 30 days.
AstraZeneca hopes to show its COVID-19 vaccine is effective by the end of this year and is ramping up manufacturing so it can supply hundreds of millions of doses in January, CEO Pascal Soriot said Thursday.