Stocks jump after Trump promises to ‘go big’ on virus aid
Stocks closed solidly higher after President Donald Trump promised major plans to blunt the economic pain caused by the coronavirus outbreak.
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Colts sign QB Rivers in one-year deal
The San Diego Chargers announced last month that they wouldn’t re-sign 38-year-old Philip Rivers after a disappointing 5-11 season.
Indiana University looks within to replace Glass as athletic director
Indiana University on Tuesday announced the appointment of longtime IU athletics administrator Scott Dolson as the school’s new athletic director.
Chicago-based pizza chain Lou Malnati’s coming to north side
The chain’s signature deep-dish pies are renowned in the Chicagoland area, where the company has 56 locations. A private equity firm took an ownership stake in 2016 to spur growth.
Federal Reserve launches $10B special fund to keep credit flowing in U.S. economy
Starting Tuesday, the central bank will buy significant amounts of commercial paper, the short-term loans that businesses rely on for funding to pay bills and other expenses.
Indiana law schools all decline in latest U.S. News rankings
Indiana University’s two law schools posted the biggest declines in the 2021 U.S. News & World Report rankings, while Notre Dame Law School slipped but was still within the range established in the previous few years.
Kentucky Derby moving to September because of coronavirus
The Kentucky Derby and its associated events attract hundreds of thousands of people to Louisville, with last year’s race drawing more than 150,000 at Churchill Downs.
Stocks move higher on Wall Street after worst drop since 1987
Markets around the world remain highly volatile as traders see a recession growing more likely and large sections of the economy come closer to shutting down due to the coronavirus outbreak.
U.S. retail sales fell in February ahead of virus impact
The report suggests consumers had already begun to scale back on spending before the number of coronavirus cases in the U.S. began accelerating.
Why outbreaks like coronavirus spread exponentially, and how to ‘flatten the curve’
After the first case of covid-19, the disease caused by the new strain of coronavirus, was announced in the United States, reports of further infections trickled in slowly. Two months later, that trickle has turned into a steady current.
Indiana distilleries among those producing hand sanitizer
Hotel Tango Distillery in Indianapolis said Monday that it is temporarily adding a new high-proof ethyl alcohol-based hand cleaner to its line of products.
Office-space chain plans coworking hub in Broad Ripple church
The firm would occupy the entire 18,366-square-foot church, and retrofit the building for open desk space, office areas, conference rooms and administrative space.
Officials seek $750 billion in economic aid to thwart virus
With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the coronavirus outbreak.
NASCAR suspends season until May but will reschedule events
The decision came after at least two Monday conference calls between the sanctioning body and its team owners. It affects seven total races.
Roche begins shipping emergency-approved COVID-19 tests across country
Indianapolis-based Roche Diagnostics said Monday that it has begun shipping an initial order of 400,000 COVID-19 test kits to a network of more than 30 hospital and laboratories.
Carmel approves paid-leave funds for coronavirus-related absences
The Carmel City Council on Monday passed an ordinance to provide additional paid leave to city employees who need to miss work due to the spread of COVID-19.
Holcomb aims to calm Indiana, get Hoosiers behind his plan to fight COVID-19
Under the hot glare of television lights, before dozens of reporters and spectators at the Indiana Statehouse on Monday afternoon, Indiana Gov. Eric Holcomb began talking of war, combat and a long, hard, struggle ahead.
MLB delays opening day to mid-May at earliest due to virus
Major League Baseball had already called off the rest of the spring training schedule and postponed opening day, which had been scheduled for March 26, for at least two weeks.
Republican councilors ask Hogsett to pass on purchase of BlueIndy assets
Council Minority Leader Brian Mowery said his caucus believes returning Blue Indy spots to non-metered public parking would be beneficial to businesses.
Amazon to hire 100,000 in U.S., raise pay by $2 per hour to keep up with demand
Raises will go to workers at Amazon’s warehouses, delivery centers and Whole Foods grocery stores, all of whom make at least $15 an hour.