Indiana continues to see surge in COVID-19 cases
The Indiana State Department of Health on Thursday reported 16 more deaths from COVID-19, the 13th time in the past 16 days in which daily deaths have been in double digits.
M&A activity roars back from early-pandemic slowdown
Companies are taking advantage of seemingly good conditions for deal-making, including historically low interest rates that allow for cheaper debt, along with money sitting on balance sheets and in the private equity markets.
Trump vows not to participate in virtual debate with Biden
President Donald Trump said Thursday he wouldn’t participate in next week’s debate with Democratic nominee Joe Biden after organizers announced it will take place virtually because of the president’s diagnosis of COVID-19.
Initial unemployment claims decline nationally, tick up in Indiana
Just more than half of the 22 million jobs lost to the coronavirus have been recovered, leaving the economy with 10.7 million fewer jobs than in February.
Pence, Harris clash under the shadow of surging pandemic
Seated at distant tables and separated by clear plexiglass barriers to help prevent infection, Pence, 61, and Harris, 55, arrived at the Salt Lake City debate as two of the most consequential running mates in recent history.
Indiana’s school COVID-19 dashboard missing critical information, officials say
The webpage offers only a partial picture because it lacks data from 1,067 schools, nearly 40% of those in the state. The state does not require schools to submit data for the dashboard.
Airline industry fights for financial relief in one form or another
Aviation leaders had hoped to be included in a broader pandemic relief package, but once it became clear that the White House was done negotiating, industry leaders quickly shifted focus to a stand-alone bill.
Trump hails experimental treatment for his virus recovery
Seemingly sensitive to the fact that his treatment course has been far more comprehensive than the care received by average Americans, he promised to swiftly get the drug approved for broader use.
Holcomb pleads with Hoosiers to keep guard up against COVID-19 as hospitalizations rise
The number of people in Indiana hospitals with COVID-19 has climbed in recent weeks, and hit 1,138 on Oct. 5, the highest since May 28. On Wednesday, Indiana’s death toll from the pandemic hit 3,500.
White House lurches in new direction on stimulus talks, pushing for airline aid
The stock market rallied sharply Wednesday on the prospect of a partial deal. The Dow Jones industrial average closed up more than 500 points, or nearly 2%.
Wisconsin activates field hospital as COVID keeps surging
Wisconsin has become a hot spot for the disease over the last month. It ranks third nationwide this week in new cases per capita over the last two weeks.
Lowe’s to hand out $100M round of bonuses to front-line workers
Lowe’s has seen sales surge during the pandemic as shoppers spent stimulus money—as well as funds formerly spent on travel and entertainment—on do-it-yourself projects around the house.
U.S. consumer spending experiences $7.2 billion monthly drop
Consumer borrowing is closely followed for signals it can send about households’ willingness to take on more debt to support their spending, which accounts for 70% of economic activity.
Lilly bracing for global demand for its experimental antibody for COVID-19
Shares of Lilly jumped 3.7%, or $5.41, to $149.54 in afternoon trading following the company’s morning announcement that it has asked the U.S. government to allow emergency use of the therapy to treat the disease.
Pence-Harris debate to unfold as Trump recovers from virus
Vice President Mike Pence and his Democratic challenger, California Sen. Kamala Harris, are set to face off Wednesday night in a debate that will offer starkly different visions for a country confronting escalating crises.
Ruby Tuesday files for bankruptcy, closes 185 more restaurants
Indianapolis is down to just one Ruby Tuesday’s location. The chain now operates 236 dining rooms in total, a decrease from more than 500 three years ago.
Indiana sees 1,302 more COVID-19 cases, 17 additional deaths
The Indiana State Department of Health on Tuesday said the state’s cumulative total of confirmed deaths from COVID-19 has risen to to 3,500.
U.S. court denies bid to force expanded Indiana mail-in voting
In a separate case, a judge temporarily stayed, pending appeal, an order blocking an Indiana law that requires absentee ballots be received by noon to be counted.
Lilly seeks emergency use of its antibody drug for COVID-19
Eli Lilly and Co. says it has asked the U.S. government to allow emergency use of an experimental antibody therapy based on positive early results from a study.
UPDATE: Trump halts COVID-19 relief talks until after election
Hours later, President Trump appeared to edge back a bit from his call to end negotiations. He took to Twitter again and called on Congress to send him a “Stand Alone Bill for Stimulus Checks ($1,200).”
Resources
Centers for Disease Control and Prevention CDC Resources for Businesses and Employers OSHA Guidance on Preparing Workplaces for COVID-19 Indiana State Department of Health Indy Chamber Rapid Response Hub Small Business Administration The SBA is making low-interest loans for working capital available to Indiana small businesses. Indiana Unemployment Information Johns Hopkins Coronavirus Dashboard Critical Industries Hotline(for business and industry only)
877-820-0890
[email protected] State’s virus-related executive orders State plan to reopen Indiana