Indiana Gov. Eric Holcomb said Friday he would extend his stay-at-home order for two more weeks as part of the state’s ongoing effort to limit the spread of the COVID-19 virus. The current stay-at-home order had been set to expire April 7.
We check in with firms of all stripes to learn how they’re seeking to persevere—and how some are plotting to gain a competitive advantage when normalcy returns.
Facing millions of dollars in lost revenue from the COVID-19 outbreak, major arts and cultural attractions throughout Indianapolis are slashing budgets, cutting staff and dipping into reserves or endowments to make ends meet.
For now—although some restaurants can still sell Circle Kombucha with takeout orders—most of the company’s sales are taking place at about 150 grocery stores in Indiana and the region.
Jim Shirley is one small-business executive who isn’t worried about a decline in business during the pandemic. If anything, he’s worried about a surge.
About 60% of the company’s sales typically happen at lunch and are delivered to workplaces, which have been stripped down to only the most essential people.
The league was scheduled to open training camps April 26 and the regular season was set to begin May 15. The WNBA will still hold a “virtual” draft April 17.
The Indiana State Department of Health reported that 17,835 people have been tested so far, up from 16,285 in Thursday’s report.
More than 40% of Hoosiers have already filled out the 2020 Census, but concerns remain about getting the rest of the state to respond during a public health crisis.
The action affects employees as well as the Columbus-based engine maker’s CEO and board members. The company said it will re-evaluate the temporary pay cuts at the end of the second quarter.
Purdue President Mitch Daniels told trustees Thursday that he’s also limiting repairs and purchases and putting a freeze on new hires.
Last month’s actual job loss was likely even larger because the government surveyed employers before the heaviest layoffs hit in the past two weeks. The unemployment rate jumped from a 50-year low of 3.5%.
The construction industry is exempt from Gov. Eric Holcomb’s orders that non-essential businesses close and Hoosiers stay home.
The funding—secured before the coronavirus hit the U.S.—will be used to fuel growth across all segments of the company, said Lessonly CEO Max Yoder.
Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare.
Even as Hotel Tango puts its employees to work making hand sanitizer, the company is advancing its plans to open a restaurant and tavern in Zionsville this summer.
Indianapolis Contemporary—known as the Indianapolis Museum of Contemporary Art up until 11 months ago—announced Thursday that it was calling it quits after an internal review “determined it was not economically feasible to continue operations.”
The Surge Academy, designed by the Chicago-based not-for-profit Surge Institute, got its start in Kansas City last year. Its entry into Indianapolis is being made possible through a partnership with The Mind Trust.
Both types of locations are considered serious in a pandemic, because the virus can spread quickly in confined spaces. In addition, elderly people in nursing homes or prisons with underlying medical conditions are considered especially vulnerable if they are infected.
About eight in 10 taxpayers who have signed up for direct deposit payments for their past tax refunds are expected to receive the money within two weeks. Others could be waiting months.
