The new measure gives business owners 24 weeks to spend the federal aid—instead of eight as originally designed—and extends the program through the end of the year while also lengthening the the maturity date and deferral period of the loans.
Democrats are accusing the Trump administration for failing to protect front-line workers, including those at meatpacking plants and health care facilities where outbreaks of the disease are spiking.
The pandemic is dividing the industry into potential winners and losers, with Wall Street looking more favorably at e-commerce retailers and companies with well-established online sales.
The Indiana State Department of Health on Thursday said 242,287 people have been tested so far, up from 235,333 in Wednesday’s report—an increase of 6,954.
It was the biggest quarterly decline in more than a decade, since an 8.4% fall in the fourth quarter of 2008 during the depths of the financial crisis.
About 41 million people have applied for aid since the virus outbreak intensified in March, but about half of them have gone back to work.
State election officials in some key battleground states have recently warned that it may take days to count what they expect will be a surge of ballots sent by mail out of concern for safety amid the pandemic.
The Dow Jones industrial average jumped 553 points Wednesday, about 2.2 percent. Financial stocks and beaten-up industrials helped power the blue chips—a comeback that signals confidence in the recovery.
According to more than a half-dozen general managers and player development executives, the best hope of salvaging even part of a minor league season might not come until late summer, and it could center more on intrasquad games rather than a full season.
The pay gap between the boss and their workforces widened further last year, according to AP’s annual survey of executive compensation, but the impact of COVID-19 could eventually shrink that divide, or maybe even widen it.
Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small-business aid in hopes of helping employers reopen shops and survive the pandemic.
Two weeks after 10 Indiana utilities asked state regulators for permission to charge ratepayers for millions of dollars in revenue the utilities stand to lose because of the COVID-19 pandemic, the state has agreed to consider the matter.
The Indiana State Department of Health said Wednesday that the cumulative death toll in the state rose to 1,871, up from 1,850 the previous day.
The comic and popular-culture convention was expected to draw about 40,000 people downtown to the Indiana Convention Center.
Indianapolis Mayor Joe Hogsett on Wednesday said he will begin easing more of Marion County’s pandemic-related restrictions starting Friday, but most of the changes won’t take place until Monday.
Tuesday Morning has 13 stores in Indiana, including three in Indianapolis, one in Carmel and one in Fishers.
Netlogx has been working to help clients navigate the difficulties of the pandemic. And one of its key pieces of advice to business leaders is to keep a crisis journal. And to do it every day because the situation and information has been changing so quickly.
Indianapolis restaurants got a much-needed boost during the Memorial Day weekend, as in-person dining services resumed for the first time in more than two months—at least on an outdoor basis. But dining numbers paled in comparison to a year ago.
Some prisoners at the federal prison in Terre Haute have asked for early or home release because of the pandemic, including former Indianapolis-area executives Paul Elmer and Thomas Buck.
All 11 S&P stock sectors advanced, led by financials and industrials, which had been unloved sectors. Their comeback is a sign that the slow recovery is broadening.
