Fashion retailer J. Crew files for bankruptcy protection
Even before COVID-19 spread, the company was struggling because shoppers were defecting to online merchants and consumer tastes were changing.
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Roche’s COVID-19 antibody test gets emergency FDA approval
Roche Diagnostics’ North American headquarters in Indianapolis will be the shipping and distribution hub for all tests distributed in the United States, the company said.
Retailers outside Marion County have green light to reopen
The reopening of shops—at no more than 50% of capacity—is part of Gov. Eric Holcomb’s plan to gradually relax social distancing rules over the next nine weeks.
COVID-19 having impact on other patients, medical practice finances, survey says
A survey by the Indiana State Medical Association highlights two impacts from the pandemic and the related shutdown efforts: One to the financial condition of medical practices and one to public health if non-COVID 19 patients continue to delay treatment.
Indiana banks sock away extra money for COVID-19-related loan losses
Amid the widespread economic disruption caused by the pandemic, banks have already granted payment deferrals of up to six months to a significant number of commercial and individual borrowers.
IBJ Podcast: The rent is due, and tenants are struggling as unemployment soars
Advocates for both low-income residents and landlords are calling for an emergency rental assistance program that would help tenants cover payments and keep revenue flowing for apartment owners.
Indiana woman who beat the odds in COVID-19 battle leaves hospital
After 20 days on a ventilator battling COVID-19, her lungs infected and her chance of survival slim, 49-year-old Jeri Hall suddenly started to get better.
Holcomb says ‘lesson learned’ after he’s photographed with no mask, no social distancing
The governor was criticized for violating two of the recommendations he’s made to Hoosiers, most recently in the “Back on Track” plan he released on Friday that is aimed at reopening Indiana economy in a phased approach through July 4.
Faced with 20,000 dead, nursing homes seek shield from lawsuits
The industry’s argument against litigation is simple: This was an unprecedented crisis and nursing homes should not be liable for events beyond their control.
State reports 638 more COVID-19 cases, new high in testing
The Indiana State Department of Health has reported more than 600 new cases in nine of its last 10 daily reports.
NCAA’s top doctor: Testing crucial to having sports in fall
Dr. Brian Hainline expressed cautious optimism that college sports could be played during the fall semester, but “it’s not going to be risk-free, that’s for sure.”
State reports 665 more COVID-19 cases, 53 more deaths
The Indiana State Department of Health on Saturday reported that 104,141 people have been tested so far, up from 99,639 in Friday’s report—an increase of 4,502 tests.
North-side steakhouse closes permanently, citing ‘impending expiration’ of lease
The owner of the upscale eatery in the Keystone at the Crossing area made no mention of the coronavirus crisis in its announcement Friday, but in April it notified state officials that it had drastically cut the hours of 46 employees due to restrictions on dining.
Dual IndyCar, NASCAR event at Speedway could be a ‘go’ on July 4
Gov. Eric Holcomb’s five-stage roadmap to reopen the state reaches its end on July 4 — the very day an IndyCar-NASCAR Xfinity Series doubleheader is scheduled to be run at the Indianapolis Motor Speedway.
Tyson Foods to reopen Logansport plant with limited production
The pork processing plant closed for 14 days in an effort to contain an outbreak of COVID-19. Nearly 900 workers tested positive.
State allocates $300M to local governments for coronavirus aid
Gov. Eric Holcomb announced Friday during his press briefing that cities, towns and counties will be eligible for a certain portion of the $300 million based on population.
Ohio rolls out details of its extended stay-at-home order
Retail businesses can open up under certain conditions beginning Saturday, almost two weeks earlier than previously stated, according to a surprise condition in Ohio’s latest stay-at-home order issued Friday.
Companies must create customer, employee safety plans as part of reopening
The state is launching a marketplace for small businesses to help them acquire the face masks, sanitizer and other supplies they might need to reopen.
Stocks slide as Amazon, other companies detail virus fallout
A day after closing out its best month since 1987, the S&P 500 fell 2.8%. The slide gave the benchmark index its second straight weekly loss.
FDA allows emergency use of drug for coronavirus
The FDA acted after preliminary results from a government-sponsored study showed that the drug, remdesivir, shortened the time to recovery by 31%, or about four days on average, for hospitalized COVID-19 patients.