The loans are available to small businesses ranging from sole proprietors and freelancers to companies with up to 500 employees.
The Trump administration says the looser mileage standards will allow consumers to keep buying the less fuel-efficient but safer-to-drive SUVs that U.S. drivers have favored for years.
Demand is weak because so many Americans are under shelter-in-place rules and businesses have been closed because of the coronavirus outbreak.
Perhaps $1 billion will have to be spent from the state’s $2.3 billion in cash reserves to get through the budget year that ends June 30, Gov. Eric Holcomb said Friday.
Experts on managing factory production say GM is making an extraordinary effort for a company that normally isn’t in the business of producing ventilators.
A group called the Gig Workers Collective is calling for a nationwide walk-out Monday. They’ve been asking Instacart to provide workers with hazard pay and protective gear, among other demands.
In a wide-ranging interview, Roger Penske insisted his commitment remains steadfast to the Indianapolis Motor Speedway and the IndyCar Series as the world waits for the pandemic to end.
The NCAA Division I Council is scheduled to vote Monday on whether to allow another year of eligibility for spring sport athletes such as baseball, softball and lacrosse players, who had their seasons wiped out by the coronavirus pandemic.
Libertarian Rep. Thomas Massie, R-Ky., was threatening to slow action by demanding a roll call vote. That would force many lawmakers to make the journey to Washington, D.C., to cast a vote on legislation that is certain to pass anyway.
The plants would reopen in early or mid-April, restoring the largest source of cash for automakers that generally book revenue when they ship vehicles to dealerships.
The organization had been scheduled to distribute $600 million to more than 300 Division I schools from April to June.
Federal Reserve Chairman Jerome Powell said the Fed was “not going to run out of ammunition” when it came to helping the economy recover quickly once the threat from the virus has passed.
The Indiana Department of Correction said there are no known cases of COVID-19 among the nearly 27,000 offenders housed at the state’s prison, but it also concedes that it hasn’t tested any of those inmates.
Here are major highlights of the package to rush aid to businesses, workers and a health care system slammed by the coronavirus pandemic.
Stocks closed higher Wednesday, but gave up much of an afternoon rally after CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed.
Tiny towns tucked all over the country might not have had a single case of COVID-19, but their main streets are also empty and their medical clinics overwhelmed by the worried.
The Commerce Department said Wednesday durable goods orders rose 1.2% last month, rebounding from January when orders had shown a tiny 0.1% gain.
The urgently needed pandemic response measure is the largest economic rescue measure in history and is intended as a weeks- or months-long patch for an economy spiraling into recession and a nation facing a potentially ghastly toll.
Top Indiana officials warned Tuesday that the state’s jump in coronavirus illnesses is likely just the beginning and that obeying a new stay-at-home order is necessary.
A network of U.S. hospitals is waiting on permission from the Food and Drug Administration to begin large studies of the infusions both as a possible treatment for the sick and as vaccine-like temporary protection for people at high risk of infection.