IndyCar planning new October race on IMS road course
The added stop at Indianapolis, called the Harvest GP, would be the third trip to the speedway in one season for IndyCar.
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Stocks rise sharply on hopes of progress in battling virus
U.S. stocks climbed more than 5% in morning trading, following up on gains that were nearly as big in Europe and Asia.
Trump says ‘toughest’ weeks ahead as coronavirus spreads
At the same time, President Trump expressed growing impatience with social distancing guidelines and said he’s eager to get the country reopened and its stalled economy back on track.
Health care jobs evaporate in pivot to COVID-19 treatment
Even as hospitals scrounge for professionals from the industry to treat the burgeoning numbers of people with COVID-19, others are on the sidelines as elective procedures, diagnostics and appointments are canceled or postponed.
WNBA postpones start of season because of pandemic
The league was scheduled to open training camps April 26 and the regular season was set to begin May 15. The WNBA will still hold a “virtual” draft April 17.
Purdue University postponing planned raises amid virus crisis
Purdue President Mitch Daniels told trustees Thursday that he’s also limiting repairs and purchases and putting a freeze on new hires.
Stocks rise as a bounce in oil prices lifts energy sector
Oil surged more than 30% immediately after President Donald Trump said he expects Saudi Arabia and Russia to back away from their price war.
U.S. unemployment claims hit record 6.6M as layoffs accelerate during pandemic
The figure for last week is much higher than the previous record of 3.3 million reported for the previous week.
ACLU: Indiana virus directive shouldn’t restrict abortions
Gov. Eric Holcomb’s directive calls for all Indiana health care facilities to cancel or postpone non-urgent surgical procedures amid the coronavirus pandemic.
Stocks skid as physical, economic toll of virus worsens
Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts—and as experts say they still can’t predict when it will end.
Businesses might get COVID-19 relief loans as soon as Friday
The loans are available to small businesses ranging from sole proprietors and freelancers to companies with up to 500 employees.
Trump administration rolls back future mileage standards for vehicles
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.
Gas is getting even cheaper, but motorists have nowhere to go
Demand is weak because so many Americans are under shelter-in-place rules and businesses have been closed because of the coronavirus outbreak.
Indiana’s finances taking big blow from coronavirus crisis
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.
GM says it’s moving as fast as possible to make ventilators in Indiana
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.
Instacart workers seek strike as jobs get busier, riskier
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.
Penske shares thoughts on having to postpone Indy 500
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.
NCAA weighs more eligibility for sports cut short by pandemic
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.
House debates $2.2T virus relief bill amid last-minute snag
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.
UPDATE: Ford, Fiat Chrysler, Honda, Toyota seek to restart factories
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.