Trump to order suspension of all foreclosures, evictions until May
President Donald Trump says he’ll invoke the Korean War-era Defense Production Act to marshal the private sector in response to the coronavirus pandemic.
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IndyHub launches virtual meet-ups initiative in response to pandemic
IndyHub, working with Leadership Indianapolis, plans to host digital book clubs, panel discussions and virtual meet-ups, replacing their traditional event and program schedules with opportunities to convene remotely.
Treasury proposal: Deliver $500B to Americans starting April 6
The Treasury Department wants to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.
State teachers getting paid during closures; other school employees face uncertainty
It’s up to each district to decide whether to pay hourly workers—including bus drivers, custodians, food service employees and paraprofessionals—who are typically paid only for days when students are present.
Honda shutting down plants for a week due to coronavirus
The closures involve six plants in the United States, Canada, and Mexico, including the company’s Indiana plant in Greensburg.
Ikea temporarily shutting down all U.S. stores
The international retailer opened its Fishers store in October 2017.
Panic buying leaves retailers scrambling to restock
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out in response to the global viral pandemic.
Wide swath of economy seeks share of COVID-19 rescue package
As Congress works on a rescue package to help shore up a U.S. economy hard hit by the pandemic, businesses from the solar power industry to casinos and hotels, along with doctors, nurses and educators are urging lawmakers to give them a share of the pie.
Trump pushes for massive aid from Congress, checks to public
President Donald Trump asked Congress to speed emergency checks to Americans, enlisted the military for MASH-like hospitals and implored people to stay home to stop the spread of the coronavirus. His proposed economic package could approach $1 trillion.
Wide disparity in coronavirus responses found across nation
In some places, governors, mayors and county leaders have instituted aggressive action that is changing the fabric of life. In other spots, authorities have been far more lax, allowing routines to carry on more or less as normal.
Democratic candidate for governor says state should tap cash reserves to fight coronavirus
Candidate Woody Myers on Tuesday issued his own plan for dealing with the outbreak, which includes spending some of the state’s surplus revenue and bringing state lawmakers back for a special session.
U.S. expected to lose 4.6M travel-related jobs this year from virus fallout
Total spending on travel in the United States—including from transportation, retail, lodging and restaurants—is expected to drop by $355 billion for the year, or 31 percent—more than six times the impact of the Sept. 11, 2001, terrorist attacks.
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.
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.
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.
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.