INDOT to close more of I-70 in Indianapolis to take advantage of traffic slowdown
The project, similar to one under way on the east side of Indianapolis, will close lanes in both directions over different periods starting May 22.
The project, similar to one under way on the east side of Indianapolis, will close lanes in both directions over different periods starting May 22.
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.
Amid the widespread economic disruption caused by the pandemic, banks have already granted payment deferrals of up to six months to a significant number of commercial and individual borrowers.
IndyGo temporarily suspended fare collections March 29 to reduce interaction aboard buses.
The company, which shut down some of its production lines beginning March 30, said the uncertainty caused by the COVID-19 pandemic is forcing it to cut 272 jobs.
Utah-based Extra Space Storage, the nation’s second-largest self-storage operator, plans to add the solar panels to five Indianapolis sites this year, and additional sites after that.
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.
Novus Capital Corp. formed last month and is seeking to acquire companies “that are at the forefront of high technology.”
The sporting and recreational equipment manufacturer said it repaid its loan to comply with a rule change in the Paycheck Protection Program.
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.
IndyGo is among transit operators nationwide that will share $25 billion in federal aid as part of the Coronavirus Aid, Relief and Economic Security Act.
From production routines and work schedules to health screenings and visitor policies, Hoosier manufacturers say COVID-19 has forced them to rethink how they operate.
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.
COVID-19-related driver shortages, among other factors, mean that route improvements planned for June now won’t happen until 2021.
The security-products maker, whose North American headquarters are in Carmel, exceeded analyst expectations despite a $96.3 million impairment charge because of COVID-19-related uncertainty.
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.
The loan program, geared toward Kite tenants that operate fewer than five retail locations, will accept applications beginning Friday. Industry experts say many mall tenants weren’t able to pay April rent.
The banks approved 35,990 individual loans for companies and organizations in Indiana before the program ran out of money.