Stocks rally on better-than-expected economic data
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.
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Survey: Top CEOs expect virus business fallout through 2021
Business Roundtable’s CEO Economic Outlook Survey fell to 34.3 in the second quarter, its lowest reading since the same three months of 2009, according to results released Monday.
AMC delays planned movie theater reopenings by two weeks
The company had planned to begin opening theaters in mid-July, but last week the July theatrical release calendar was effectively wiped clean.
Tracking coronavirus cases proves difficult amid new surge
Contact tracing—tracking people who test positive and anyone they’ve come in contact with—was challenging even when stay-at-home orders were in place. Now it’s getting even more difficult as states reopen.
Indiana COVID-19 cases rise above 45,000
The Indiana State Department of Health on Monday said 1,166 people from long-term-care facilities have died in the state.
Gilead’s $2,340 price for coronavirus drug draws criticism
Remdesivir’s price has been highly anticipated since it became the first medicine to show benefit in the pandemic, which has killed more than half a million people globally in six months.
Federal Reserve issues details on corporate bond purchases
The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
Pursuit of COVID-19 vaccine should become clearer this summer
People on six continents already are getting jabs in the arm as the race for a COVID-19 vaccine continues, with even bigger studies poised to prove if any shot really works—and maybe offer a reality check.
Indiana reports increase of 355 COVID-19 cases, 3 more deaths
Worldwide cases of COVID-19 have surpassed 10 million and deaths are nearing a half-million, according to the latest numbers from John Hopkins.
Study: Indiana nurses suffer ‘resource trauma’ when they lack personnel or supplies
Researchers from Purdue University have found that a lack of resources could put nurses’ psychological well-being at risk.
State reports 21 more deaths from COVID-19
The Indiana State Department of Health on Saturday reported an increase of 435 in its cumulative total of coronavirus cases.
Dow tumbles 730 points as COVID-19 cases rebound in several states
Stocks closed sharply lower on Wall Street on Friday as the number of confirmed new coronavirus cases in the United States hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed.
Some states retreat as confirmed virus cases hit all-time high
Health experts have said a disturbingly large number of cases are being seen among young people who are going out again, often without wearing masks or observing other social-distancing rules.
Players’ parents wonder why NCAA has no rules for coronavirus.
Thousands of parents of college football players across the country grappling with unanswered questions about coronavirus this month as their sons returned to campuses for socially distanced workouts.
American Airlines to begin booking flights to full capacity
American’s move matches the policy of United Airlines but contrasts sharply with rivals that limit bookings to create space between passengers to minimize the risk of contagion.
FFA cancels national convention in Indy as downtown reels from tourism drought
The agriculture-education group cited lingering concerns over the coronavirus pandemic for scuttling the four-day event, which last year brought more than 68,000 people downtown.
UPDATE: Indy 500 to run with stands at 50% capacity, IMS officials say
About 175,000 tickets—most of them renewals—have been sold for the race, IMS confirmed to IBJ. Ticket requests are still being accepted, going into a queue for fulfillment after existing ticketholders have been accommodated.
Indiana reports increase of 485 COVID-19 cases, nine deaths
Worldwide coronavirus cases are closing in on 10 million with nearly 500,000 deaths.
Trump administration asks Supreme Court to strike down Obamacare
In the brief, Solicitor General Noel Francisco argued that all of the Affordable Care Act should be struck down because one of its core provisions, the individual mandate, is unconstitutional, rendering the rest of the law invalid as well.
Meat shortages reopen costly path to small U.S. slaughterhouses
Congress is considering amending laws to make it easier for smaller processors to sell products. But while new, smaller slaughterhouses could be the antidote to industry concentration, they don’t offer a quick, or inexpensive, fix.