Schumer says deal in place to boost spending for small businesses, virus testing
Officials on both sides said the goal was still to pass the agreement at a 4 p.m. Senate session on Tuesday, although it was not certain whether that could be achieved.
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State reports big rise in COVID-19 deaths after reporting change
The department said Monday that death numbers would begin increasing because it would begin reporting presumptive positive deaths in its totals.
Indiana restaurants anticipate nearly $1B in sales declines for April
About 91% of Indiana restaurant operators said they have had to either furlough or lay off workers since the COVID-19 outbreak began, with at least 15% anticipating they’ll have to take additional action in the next 30 days.
Developers plan $13M apartment project on Teamsters local site in Fountain Square
Creating the 66-unit apartment project would entail demolishing the two-story, 30,000-square-foot Teamsters building at 1233 Shelby St.
NCAA saved money in case of a canceled March Madness. Then it spent it.
One month after the pandemic forced the cancellation of the lucrative NCAA men’s basketball tournament, officials at athletic departments and college sports conferences across the country remain puzzled by one question: Why wasn’t the NCAA better prepared for this?
National Spelling Bee canceled for first time since 1945
Organizers concluded there was “no clear path to safely set a new date in 2020” because of the coronavirus pandemic.
Fuel pump problem forces Subaru to recall more than 200K vehicles
The recall covers certain 2019 Impreza, Outback, Legacy, and Ascent vehicles built from June 26, 2018, through Feb. 25, 2019.
One Republican drops out of AG race, endorses new candidate
Former Indiana Department of Revenue Commissioner Adam Krupp announced Tuesday morning that he is calling off his run to unseat incumbent Attorney General Curtis Hill. Meanwhile, another Republican announced his candidacy.
Fishers tech firm Vibenomics raises $6M in growth capital
Fishers-based audio marketing technology company Vibenomics Inc. on Tuesday announced it has closed on $6 million in Series A funding. The round, which closed Feb. 17, was led by Atlanta-based BIP Capital and brings total company funding for Vibenomics to $13.5 million.
Beyond COVID podcast: Want your company to be agile? Start by making your people feel stable.
Elaine Pulakos, the CEO of talent management consulting firm PDRI, talks about her new research that reveals why creating stability in your workplace frees your employees to be focused and rational so they “act like shock absorbers” during a crisis like the pandemic.
Kite Realty Group to launch small-tenant COVID-19 loan program
The loan program, geared toward Kite tenants that operate fewer than five retail locations, will accept applications beginning Friday. Industry experts say many mall tenants weren’t able to pay April rent.
States work to keep meat plants open despite virus outbreaks
Governors in the Midwest are hoping to keep large meatpacking plants operating amid coronavirus outbreaks that have sickened hundreds of workers and threaten to disrupt the nation’s supply of pork and beef.
Some U.S manufacturers, states reopening amid political pressure
Boeing and at least one other U.S. heavy-equipment manufacturer resumed production and some states rolled out aggressive reopening plans Monday, despite nationwide concerns there is not enough testing yet to keep the coronavirus from rebounding.
Indiana Supreme Court partially shields COVID-19 stimulus checks from debt collection
Indiana Legal Services, Prosperity Indiana, Neighborhood Christian Legal Clinic and Indiana Institute for Working Families petitioned the court to protect the payments issued as part of the federal Coronavirus Aid, Relief and Economic Security Act.
Indiana ban on elective medical procedures could be lifted next week
Gov. Eric Holcomb said Monday the state would re-evaluate whether to allow hospitals and surgery centers to resume services at 11:59 p.m. Sunday if they have sufficient protective equipment for treating COVID-19 patients.
Historic collapse in oil prices sends U.S. stocks reeling, with Dow losing nearly 600 points
Investors expect Monday’s volatility to stay in place in coming days as Wall Street heads into the thick of the earnings season.
White House, Congress get closer on $450B virus aid talks
The emerging agreement, nearly double President Donald Trump’s request to replenish the small business program, adds funds for hospitals and COVID-19 testing.
Feltman takes bigger stake in IBJ, assumes CEO role
Nate Feltman’s purchase of a controlling interest in IBJ Media is a milestone for the 40-year-old company, which has been owned by Indianapolis businessmen Mickey Maurer and Bob Schloss since 1990.
Oil prices see record plunge, falling below $11 per barrel
Despite OPEC’s unprecedented output deal agreed a week ago, the oil market remains massively oversupplied as the lockdowns to fight the spread of the coronavirus reduce global crude demand by about a third.
Conrad shuts down temporarily amid record-low occupancy for hotels
The upscale, 247-room Conrad suspended operations on Saturday in what management called a temporary measure “that is reflective of the current business environment.”