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.
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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.
Q&A: Terry Gallagher, Marion County mosquito control supervisor
For more than three decades, Gallagher, 61, has supervised mosquito control programs for Marion County, overseeing a small army of technicians who spray ditches and collect mosquitoes from traps around the county to track the variety and size of the mosquito population.
State’s COVID-19 case count rises by 398 as testing hits new high
The state said Friday that 335,180 people have been tested for the coronavirus so far, up from 327,342 in Thursday’s report—an increase of 7,838. That number marks a new high in daily testing.
Children’s Museum, Newfields, Zoo, Eiteljorg announce reopening plans
Several of the city’s largest cultural attractions are rolling out plans to reopen after long closures during the pandemic.
Hotels betting on more staycations to survive pandemic
With business and air travel barely breathing, hotel companies are betting on the leisure traveler as a short-term strategy for survival.
Indianapolis officials wait to green-light school reopenings
Marion County Public Health Department Director Virginia Caine said she is “very optimistic” that schools will be able to reopen, and she aims to have a definitive answer by July 15.