Purdue University postponing planned raises amid virus crisis
Purdue President Mitch Daniels told trustees Thursday that he’s also limiting repairs and purchases and putting a freeze on new hires.
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.
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.
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.”
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.
Indiana Department of Workforce Development Commissioner Fred Payne said Thursday that 146,243 initial unemployment claims were filed last week as the coronavirus pandemic continued to sideline employers.
Oil surged more than 30% immediately after President Donald Trump said he expects Saudi Arabia and Russia to back away from their price war.
The Lebanon-based company engineers, fabricates and manufactures ultraviolet lights that penetrate and destroy bacteria, viruses and other harmful microbes. The company, along with others in its field, are seeing record demand.
The Indiana State Department reported Thursday that 16,285 people have been tested so far, up from 14,375 in Wednesday’s report.
The figure for last week is much higher than the previous record of 3.3 million reported for the previous week.
First responders in Carmel, Noblesville, Zionsville, Whitestown and other municipalities will be tested weekly by Aria Diagnostics.
The government’s emergency stockpile of respirator masks, gloves and other supplies is almost exhausted, leaving the Trump administration and states to compete for equipment in a marketplace rife with price-gouging, according to Homeland Security officials.
The debut virtual race last weekend drew 433,000 combined viewers to both IndyCar and iRacing’s online stream.
Gov. Eric Holcomb’s directive calls for all Indiana health care facilities to cancel or postpone non-urgent surgical procedures amid the coronavirus pandemic.
Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts—and as experts say they still can’t predict when it will end.
Other big insurers, including Cigna, Humana and UnitedHealth Group, have already rolled out similar moves.
State leaders on Wednesday defended “targeted testing”—or restricting tests to certain high-risk groups—saying they didn’t want to deplete test supplies.
The order by Indianapolis Mayor Joe Hogsett had been set to expire on Monday.