State reports 440 new COVID-19 cases, 14 more deaths
The Indiana State Department of Health said 11.2% of those tested for the virus in Indiana so far have tested positive.
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Researchers say drug improving survival from COVID-19
Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: The cheap, widely available steroid reduced deaths by up to one-third in severely ill hospitalized patients.
U.S. industrial production bounced back 1.4% in May
American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
Businesses, colleges plead with Trump to preserve work visas
President Trump imposed a 60-day pause on visas for foreigners seeking permanent residency on April 22, but the order included a long list of exemptions.
WNBA plans to play 2020 season in Florida starting in late July
Players would receive their entire salaries for the year despite playing a schedule that’s only about two-thirds the length of the 36-game one that was supposed to start May 15.
U.S. retail sales increase by record 17.7% in a partial rebound
Sales at non-store retailers, which include internet companies like Amazon and eBay, rose 9% in May after posting growth of 9.5% in April.
Many businesses asking customers, workers to waive legal rights
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
Fed moves to ensure companies can tap bond market for funds
The program will purchase existing bonds on the open market, as opposed to newly-issued debt. The announcement boosted the stock market, which was already rebounding from early losses.
House demands coronavirus loan info from Treasury, banks
In the 10 weeks after the Paycheck Protection Program was launched, the SBA says it has processed 4.5 million loans worth $511 billion. But it has yet to reveal the recipients of taxpayer aid.
Can job market sustain its gains? Lots of uncertainties remain
While it’s hard to say what the future holds for America’s roughly 30 million unemployed, here are some key factors that will determine how that future unfolds.
Indiana’s official COVID-19 case count surpasses 40,000
Nearly 5,000 COVID-19 cases and more than 1,000 deaths have been reported in Indiana long-term-care facilities.
Lilly testing third potential treatment for COVID-19
The Indianapolis-based drugmaker said it is launching a global trial for the anti-inflammatory drug baricitinib, which it launched two years ago to treat moderately to severely active rheumatoid arthritis.
Millions of pandemic job losses at risk of becoming permanent
New research by Bloomberg Economics suggests the labor market will initially recover swiftly, but then level off with millions still unemployed. Jobs in the hospitality industry are among the most at risk, alongside retail, leisure, education and health.
Care-free days at theme parks giving way to virus safeguards
From Walt Disney World in Florida to Holiday World in Indiana, amusement parks are taking all kinds of steps to reassure the public and government leaders that they’re safe to visit amid the coronavirus crisis.
COVID-19 cases in Indiana increase by 366, deaths by nine
The Indiana State Department of Health on Sunday said 348,391 people have been tested so far, up from 340,637 in Saturday’s report—an increase of 7,754.
Lilly pledges $25M, 25,000 volunteer hours against injustice
The Lilly Foundation’s financial commitment over five years is aimed at finding solutions to racial inequity and social injustice primarily in Indianapolis, its surrounding counties and nationally.
Indiana sees increase of 397 COVID-19 cases, 17 deaths
The Indiana State Department of Health said 38.8% of the state’s intensive care unit beds were still available. About 13% are being used by COVID-19 patients.
Stocks show healthy daily gain but suffer worst weekly loss since March
Friday’s rebound was a reversal for the market, which sold off for three days in a row as a rise in COVID-19 cases and a discouraging economic outlook from the Federal Reserve dashed investor optimism for a quick economic recovery.
Transit agencies, airports, Amtrak to receive nearly 100M masks to give passengers
The announcement came on the same day that the Centers for Disease Control and Prevention “strongly encouraged” organizers of large gatherings to tell participants to wear cloth face coverings when at such events.
Lilly-funded partnership putting dent in diabetes in Indy neighborhoods
So far, the program has enrolled 275 people with diabetes. Health workers in the neighborhoods have completed more than 2,300 check-ins with them—helping them set up doctors’ visits, coaching them on how to shop for food, and helping them with dozens of related problems, from transportation needs to medical insurance.