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Some restaurants in no rush to resume dine-in service
With capacity restricted, the smallest restaurants say it’s not feasible to reopen. Others are proceeding cautiously and changing how they’ll operate.
With capacity restricted, the smallest restaurants say it’s not feasible to reopen. Others are proceeding cautiously and changing how they’ll operate.
The federal Paycheck Protection Program, which offers COVID-19 relief to small businesses, was criticized for allowing larger companies to secure multimillion-dollar loans early on.
A smattering of shoppers found a mixed bag of offerings on the first day that nonessential stores were allowed to open, with many retailers remaining closed or still providing pickup-only service.
The state is launching a marketplace for small businesses to help them acquire the face masks, sanitizer and other supplies they might need to reopen.
There’s a right way and a wrong way to approach negotiations, whether for a vendor contract, a lease or with a customer. The first step is determining where you stand.
A survey of about 350 members of the National Federation of Independent Businesses found 59% want state and local governments to lift stay-at-home orders immediately and let companies reopen.
For an eight-hour period that began at 4 p.m. Wednesday, the PPP loan application portal is being reserved only for the nation’s smallest lenders: those with assets of less than $1 billion.
Facing criticism, several public companies quickly announced plans to return the money. Others say they need the funds and have no plans to return them.
The Paycheck Protection Program began accepting applications again Monday with an additional $310 billion. But local business owners who were shut out during the first round were uncertain whether they’ll fare any better this time.
The suit, filed earlier this month, alleges that Wisconsin-based Society Insurance rushed to deny the restaurants’ claims for COVID-19-related business losses without properly investigating the claims.
Steve Wasick has created artificial intelligence-driven story-writing software that CBS Sports, IU Health and the Chicago Mercantile Exchange are using.
Pedcor Cos. is promoting an e-commerce web site for its Carmel City Center retail tenants, some of whom had sold little or no merchandise online until COVID-19 came along.
Fishers-based audio marketing technology company Vibenomics Inc. on Tuesday announced it has closed on $6 million in Series A funding. The round, which closed Feb. 17, was led by Atlanta-based BIP Capital and brings total company funding for Vibenomics to $13.5 million.
A review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts.
Institutional markets became increasingly volatile as COVID-19 spread across Asia, then Europe and now the United States, leaving venture capitalists holding tighter to their cash and spending more time examining the health of the companies in which they’ve already invested.
Indiana governor said employees must have “a very high level of confidence about the workplace” when businesses reopen.
Indy Chamber CEO Michael Huber talks about the programs, what kinds of companies need them most and how the experiences have changed the way he’s thinking about his organization and what its mission will be going forward.
Investing locally is rewarding as part of a balanced portfolio. It is also exciting and gratifying to be part of allowing a local startup to launch or grow.
Some local restaurants trying to stay afloat without dine-in service report sales have plunged by two-thirds or more, raising questions about how much longer they’ll be able to survive.
Banks say they’re seeing overwhelming demand for Paycheck Protection Program coronavirus relief loans, and the Small Business Administration’s website is getting bogged down when they attempt to submit loan applications.