Powell warns of a possible sustained recession from pandemic
Federal Reserve Chair Jerome Powell urged Congress and the White House to act further to prevent long-lasting economic damage.
Associated Press
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Ex-Rep. Rokita might join race for Indiana attorney general
Former U.S. Rep. Todd Rokita said Indiana Attorney General Curtis Hill is “very badly wounded” because of the 30-day suspension of his law license.
Fauci warns of ‘suffering and death’ if U.S. reopens too soon
Dr. Anthony Fauci, the nation’s top infectious disease expert, said officials should adhere to federal guidelines for a phased reopening or they will risk new COVID-19 outbreaks.
Major League Baseball owners OK plan that could lead to July start, source says
The coronavirus-delayed season could start around the Fourth of July weekend in ballparks without fans.
White House recommends tests for all nursing home residents
More than 27,000 residents and staff have died from outbreaks of the virus at the nation’s nursing homes and long-term care facilities, according to an AP tally based on state health departments and media reports.
Pandemic spurs popular Indiana camp to cancel all summer sessions
Camp Tecumseh YMCA officials said the 660-acre riverside camp will be vacant this summer for the first time since it opened in 1924.
Semiconductor companies consider new plants in United States
Intel and a Taiwanese company are talking to the Trump administration about building new semiconductor plants in the United States amid concern about relying on suppliers in Asia for chips used in a wide variety of electronics.
Pence self-isolating after exposure to aide with virus
An administration official said Vice President Pence was voluntarily keeping his distance from other people in line with guidance from the Centers for Disease Control and Prevention. He has repeatedly tested negative for COVID-19 but was following the advice of medical officials.
Delphi pork plant resumes operations after 2-week closure
Workers returned Friday to Indiana Packers Corp. plant following the completion of coronavirus testing of its 2,267 workers. More than 300 plant workers tested positive for the coronavirus, about 13% of its workforce.
Stocks rise on hopes that latest jobs report marks the bottom
Wall Street rallied again on Friday after a terrible, unprecedented report on the U.S. jobs market wasn’t quite as horrific as economists had forecast.
Jobless rate soared to 14.7% in April as U.S. shed 20.5 million jobs
The staggering job losses are more than double what the nation experienced during the 2007-09 crisis.
Former Pacers GM, ABA commissioner Storen dies at 84
The Indiana Pacers remembered Mike Storen as the man who was instrumental in choosing the team’s name, designed the first logo, and “paved the way for the Pacers’ eventual entry into the NBA.”
Indiana meatpacking plant reopens after virus outbreak
Tests have confirmed COVID-19 infections among nearly 900 of the plant’s 2,200 employees.
Trump says virus task force to stay but evolve with reopening
While the task force has already been meeting less frequently, its medical experts, particularly Drs. Anthony Fauci and Deborah Birx, have emerged as among the most trusted voices on the virus response.
April jobs data to show epic losses, soaring unemployment rate
Even the breathtaking figures due out Thursday and Friday won’t fully capture the magnitude of the damage the coronavirus has inflicted on the job market.
Big Ten Conference football season an uncertainty without open campuses
Not one of the 14 schools in the Big Ten Conference can say for sure if it will have students back on campus this fall—a crucial step for sports.
Michigan Legislature sues to block governor’s virus orders
The Republican-led Michigan Legislature sued Democratic Gov. Gretchen Whitmer on Wednesday, asking a judge to declare invalid and unenforceable her stay-at-home order and other measures issued to combat the coronavirus pandemic.
Indiana warns about false, misleading virus cleaning claims
Indiana residents should be wary about claims some companies are making about their ability to combat the spread of the coronavirus with disinfectants or cleaning services, state officials said.
Judge: Indianapolis not required to reveal Amazon bid proposal
The details of Indianapolis’ bid for Amazon’s second headquarters project might never be revealed after a judge ruled that the documents aren’t required to be released under Indiana’s public records law.
Production shutdown creating widespread meat shortages
As of Monday, U.S. beef and pork processing capacity was down 40% from last year, according to Jayson Lusk, head of the department of agricultural economics at Purdue University.