April jobs data to show epic losses, soaring unemployment rate
Even the breathtaking figures due out Thursday and Friday won’t fully capture the magnitude of the damage the coronavirus has inflicted on the job market.
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CNO Financial see tough quarter, but commits to no layoffs in 2020
Carmel-based CNO Financial Group Inc. suffered a first-quarter loss of $21.2 million, due mostly to a dismal investment market brought on by the COVID-19 pandemic.
Gary Brackett closes Stacked Pickle sports bar chain
Stacked Pickle lists 10 locations on its website—nine in Indiana and one in Dayton.
Airport could see lower-than-expected activity for up to 3 years, leader says
Mario Rodriguez, executive director of the Indianapolis Airport Authority, said activity has dropped to as low as 5% of typical operations, with the the facility serving only 14 of its 53 destinations.
Toxicology firm to offer antibody testing for COVID-19 in Indy, Carmel
The northwest side company said it has secured an FDA-approved serology test developed by Abbott Laboratories, making it the latest player to offer the service.
Big Ten Conference football season an uncertainty without open campuses
Not one of the 14 schools in the Big Ten Conference can say for sure if it will have students back on campus this fall—a crucial step for sports.
Community Health reports $13.7M operations loss during first quarter
The Indianapolis-based hospital system is feeling the effects of the COVID-19 pandemic. It also lost $201.2 million on investments during the quarter as the economy and financial markets tanked.
Michigan Legislature sues to block governor’s virus orders
The Republican-led Michigan Legislature sued Democratic Gov. Gretchen Whitmer on Wednesday, asking a judge to declare invalid and unenforceable her stay-at-home order and other measures issued to combat the coronavirus pandemic.
State reports surge in COVID-19 cases, rise in testing
The Indiana State Department of Health said Wednesday that the cumulative death toll in the state rose to 1,264, up from 1,213 the previous day—an increase of 51.
Hogsett says county’s stay-home order will still run through May 15 despite state plan
A plan issued last week by the state would allow Marion County to “reopen” on May 11, but Indianapolis Mayor Joe Hogsett said maintaining his stay-at-home order through May 15 will be safer.
Indiana warns about false, misleading virus cleaning claims
Indiana residents should be wary about claims some companies are making about their ability to combat the spread of the coronavirus with disinfectants or cleaning services, state officials said.
Lawmakers rebuff Trump’s demand for payroll tax cut in next virus aid bill
The intraparty rift on a payroll tax cut comes as the Democratic-led House scrambles to produce additional coronavirus legislation with perhaps another massive price tag.
Americans wary of reopening as White House weighs ending COVID-19 task force
Experts around the country are now revising their forecasts about the spread of the virus, and several models in the past three days suggest that resuming normal activity would spur a significant increase in the number of cases and deaths.
Production shutdown creating widespread meat shortages
As of Monday, U.S. beef and pork processing capacity was down 40% from last year, according to Jayson Lusk, head of the department of agricultural economics at Purdue University.
State’s small business PPE marketplace launching Wednesday
Gov. Eric Holcomb announced the creation of the marketplace on Friday, as he outlined his five-stage approach for reopening the economy, which included requiring stores, restaurants, offices and other companies to develop safety plans for employees and customers.
U.S. service sector shrinks for first time since Great Recession
In April, all major categories fell sharply, with the business activity index dropping to 26, the lowest reading on record.
U.S. infection rate rising outside New York City as states open up
Take the New York metropolitan area’s progress against the coronavirus out of the equation and the numbers show the rest of the United States is moving in the wrong direction.
States with few virus cases get big share of federal relief aid
Some states with relatively few cases have been able to reopen their economies at a quicker pace and have more options on how to spend the federal largess. Many of them are now trying to determine how they can spend the windfall while keeping within the federal guidelines.
State reports near-high in COVID-19 deaths, decline in cases
The Indiana State Department of Health on Tuesday reported an increase of 2,537 tests. That’s the lowest number of new tests in the daily report since April 26.
Techpoint to conduct Mira Awards program online for first time
The Mira Awards—Indiana’s largest and longest-running technology awards program—is going virtual. The change will cost TechPoint $80,000 in ticket revenue, but most sponsors are sticking with the event.