CIB furloughs several staffers, makes pay cuts to cope with pandemic
The steps taken by the Capital Improvement Board of Marion County included putting five members of its executive staff on indefinite leave.
Amazon: Nearly 20,000 workers have tested positive for COVID-19
The online retail behemoth, revealing the data for the first time, said that the infection rate of its employees was well below that seen in the general U.S. population.
House Dems pass $2.2T relief bill over GOP opposition, but bipartisan talks continue
The legislation, which passed 214-207, has no chance of advancing. But negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are continuing behind the scenes.
Trump awaits test results after close aide Hope Hicks tests positive for COVID-19
Hicks, a close adviser to President Donald Trump, traveled with him several times this week aboard Air Force One. Trump said he and first lady Melania Trump were tested after they learned about Hicks and were awaiting the results.
Colts permitted to have up to 12,500 spectators at next home game
The increase to capacity for the game against the Cincinnati Bengals follows continued discussions with the Marion County Public Health Department.
Stocks tick up as Wall Street waits for pandemic aid from Washington
Big swings have become typical recently, as investors handicap the chances of a deal on Capitol Hill to send more cash to Americans, restore jobless benefits for laid-off workers and deliver assistance to airlines and other industries.
EU agency starts ‘rolling review’ to speed OK for COVID-19 vaccine
A similar process was used to issue an approval for remdesivir, one of the only licensed drugs to treat COVID-19. That approval was issued in just over one month, while the standard process can take nearly seven months.
H&M’s new CEO gets tough with plan to eliminate 5% of stores
H&M is making its biggest retrenchment ever as the pandemic exacerbates its record inventory buildup. The retailer said Thursday it plans to permanently shut 250 stores on a net basis in 2021 after eliminating 50 this year.
Millions of Americans risk losing power, water as unpaid utility bills pile up
In Indiana, more than 112,000 households are behind 120 days or more on their power bills, a Washington Post analysis of the largest local energy companies’ records found.
City launches $11 million grant fund for hospitality industry
The program, called the Hospitality Establishment Lifeline Program, will provide grants to Marion County bars, restaurants and live entertainment venues that pay food and beverage taxes.
White House ups bid in last-ditch COVID talks with Congress
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
Indiana reports 1,171 new COVID-19 cases, 13 more deaths
The Indiana State Department of Health on Thursday reported the testing of 8,483 more unique individuals, the sixth time in eight days that testing has topped 8,000.
Consumer spending growth slowed to 1% in August
Economists fear that without further government support, consumer spending will slow significantly in the final three months of this year.
New art and design shop to serve in-person, online customers
Up to now, the business has primarily served architects and designers in bigger markets. Also this week: Lou Malnati’s, Dave & Busters, Godiva Chocolatier, Nesso, Jiffy Lube.
Experts hope high demand for flu shots means lower chance of ‘twindemic’
A record number of flu vaccine doses are on the way, between 194 million and 198 million for the United States alone.
Initial unemployment claims decline nationally, in Indiana
Fewer Americans than expected sought unemployment benefits last week. The latest claims numbers reflect gradual labor-market improvement but remain well above pre-virus levels.
Airlines say furloughs will begin Thursday after no relief deal is reached
U.S. airlines said they will begin furloughing tens of thousands of employees on Thursday, but they left open the possibility that workers could be called back if a federal relief package is reached in the next few days.
Pelosi, Mnuchin have ‘extensive’ talks on potential COVID relief package
At issue is a long-delayed package that would extend another round of $1,200 direct stimulus payments, restore bonus jobless benefits, speed aid to schools and extend assistance to airlines, restaurants and other struggling businesses.
State health commissioner encourages more individuals to get tested for COVID-19
Despite an increase in testing capacity, the seven-day average number of individuals tested has fallen to around 9,000 per day in Indiana.
Wall Street rallies to close out strong but wild quarter
Prospects for additional support from Congress for the economy helped drive the day’s trading, as they have for weeks.
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