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Home » Coronavirus

The latest news on COVID-19

Eli Lilly headquarters

Companies test antibody drugs to treat, prevent COVID-19

August 12, 2020 | Associated Press

With a coronavirus vaccine still months off, companies—including Indianapolis-based Eli Lilly and Co.—are rushing to test what might be the next best thing: drugs that deliver antibodies to fight the virus.

Read More

U.S. consumer prices rose 0.6% in July, matching June uptick

August 12, 2020 | Associated Press

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

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Plainfield mall facing foreclosure for 2nd time after owner misses $30M payoff

August 12, 2020 | Mickey Shuey

The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.

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Alonso confident in McLaren prep for another Indy 500 attempt

August 11, 2020 | Associated Press

The former Formula One champion, who failed to qualify for the race last year in a spectacularly woeful effort by McLaren, has returned to Indianapolis Motor Speedway for a third attempt at winning.

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Delaware County school district quarantines 228 students

August 11, 2020 | Associated Press

It’s the largest student quarantine in the state reported so far, topping the roughly 48 students affected in the Lanesville Community Schools in southern Indiana’s Harrison County.

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Cheapest apartments facing biggest foreclosure risk from pandemic

August 11, 2020 | Bloomberg News

While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.

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UPDATE: Big Ten officially pulls plug on fall football amid COVID-19 concerns

August 11, 2020 | Associated Press and IBJ Staff and The Washington Post

The broadcast rights for football generate millions of dollars for the Big Ten Conference’s athletic departments, and schools across the country have projected major deficits in the wake of the pandemic.

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Virus surge makes U.S. weaker link in global economic recovery

August 11, 2020 | Associated Press

The United States’ inability to get the pandemic under control and its ongoing political battle over a new aid package is casting doubt on its economic prospects and making it one of the chief risks to a global rebound, some economists say.

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County health department steps up enforcement of mask, social distancing mandates

August 11, 2020 | Samm Quinn

The Marion County Public Health Department will now immediately slap $1,000 fines on businesses and venues that defy mask and social distancing mandates, Dr. Virginia Caine, department director, announced Tuesday.

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Governors raise concerns about Trump’s executive order, but Holcomb’s position unclear

August 11, 2020 | Lindsey Erdody and Associated Press

As governors in other states raise concerns about President Donald Trump’s order to partially extend federal unemployment bonus payments, Indiana Gov. Eric Holcomb’s administration is mostly staying silent.

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State passes 75K total COVID-19 cases, reports highest daily death toll in 2 months

August 11, 2020 | IBJ Staff

Marion County reported an increase of 125 cases, the 26th straight day that cases in the county have risen by more than 100.

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U.S. producer prices up 0.6% in July, biggest jump since 2018

August 11, 2020 | Associated Press

The Labor Department said Tuesday that the jump last month in its producer price index—which measures inflation before it reaches consumers—was about twice what economists had expected.

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Russia’s approval of COVID-19 vaccine greeted with skepticism

August 11, 2020 | Associated Press

Russia on Tuesday became the first country to approve a coronavirus vaccine for use in tens of thousands of its citizens despite not completing clinical trials.

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Council steers $16.3M in federal funds toward rent assistance, masks

August 10, 2020 | Samm Quinn

The funding comes from roughly $168 million that Indianapolis received from the federal government to respond to COVID-19 needs.

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UPDATE: Trump, coaches push for college football as leagues consider calling off season

August 10, 2020 | Associated Press

The Mountain West on Monday became the second major conference to call off fall sports, joining the Mid-American Conference. The Big Ten and Pac-12 could soon follow suit.

Read More
Simon Headquarters

Simon Property misses Wall Street expectations as profit sinks

August 10, 2020 | Susan Orr

The Indianapolis-based shopping mall operator said all of its U.S. properties have reopened, with the exception of a handful in California that were forced to close for a second time on July 15 because of government mandates.

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No federal relief leaves states, cities facing big budget decisions

August 10, 2020 | Associated Press

On Monday, governors, lawmakers, mayors, teachers and others said they were going to keep pushing members of Congress to revive talks and agree to another rescue package.

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Telemedicine shines during pandemic but will its glow fade?

August 10, 2020 | Associated Press

Doctors scrambled to shift to telemedicine when the coronavirus hit the U.S earlier this year. Here’s how doctors and health care researchers envision it evolving after the pandemic.

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Big Ten cancels fall football, reports say

August 10, 2020 | IBJ Staff

The decision came a day after the Mid-American Conference became the first among 10 leagues that play at the highest tier of Division I college football to cancel fall sports.

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Steak n Shake eases bleeding but faces roadblock in comeback plan

August 10, 2020 | Mason King

The Indianapolis-based burger chain wants to reintroduce counter service in its dining rooms but claims an agent of its lenders is blocking its attempts to sell restaurants to raise money.

Read More

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
Credit: Johns Hopkins University
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