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Home » Coronavirus

The latest news on COVID-19

Congress deeply unpopular again as gridlock on coronavirus relief has real-life consequences

August 1, 2020

Over the past two months, congressional approval ratings have crashed downward, after a sudden previous bump in approval. Fewer than 1 in 5 voters say they like what lawmakers are doing on Capitol Hill, according to the Gallup Poll.

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Tech giants lead gains as S&P 500 closes 4th straight winning month

July 31, 2020

The stock market flipped up and down throughout the day amid worries about the economy and whether Congress can find agreement on more aid for it.

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lopresti-bankers-life-fieldhouse-450bp.jpg

Pacers organization terminates dozens of employees in cost-cutting move

July 31, 2020 | Mickey Shuey

Pacers Sports & Entertainment, which owns and manages the Indiana Pacers and Indiana Fever, has cut about 16% of its full-time workforce in response to financial losses during the pandemic, a spokesman told IBJ.

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Trump, GOP soften on opposition to $600 jobless benefit

July 31, 2020 | Associated Press

Both sides say the talks have not produced much progress but they could be nearing a critical phase over the weekend and into next week.

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Pandemic spurs consumers to flock to digital banking

July 31, 2020 | Susan Orr

But bankers say bricks-and-mortar branches are still important for a variety of reasons.

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Liz Malatestinic: Bringing employees back to the office? Have a plan.

July 31, 2020

The business environment is still rife with uncertainty because of the pandemic, and employers need to be cautious as they contemplate bringing employees back into the workplace. There are a number of areas of concern.

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Pandemic puts small hospitals in peril over Medicare advance payments

July 31, 2020 | John Russell

Indiana’s weakest and often smallest hospitals, usually with just a few dozen beds, might be only months from beginning the process of shutting their doors, industry leaders say.

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Banks brace for bad-loan barrage by socking away millions

July 31, 2020 | Susan Orr

Amid the economic uncertainty—even though some banks express reasons for optimism—Indiana-based financial institutions are preparing themselves now for the losses that likely lie ahead.

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Fauci optimistic COVID-19 vaccine will be widely available

July 31, 2020 | Associated Press

Fauci, the nation’s top infectious disease official, said a quarter-million people have expressed interest in taking part in studies of experimental vaccines for the coronavirus.

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Indiana reports highest number of COVID-19 deaths in 10 days

July 31, 2020 | IBJ Staff

Statewide testing for COVID-19 has topped 8,000 in 16 of the last 18 days and exceeded 11,000 in six of the past nine days.

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Work-from-home trend makes lumber a winner, paper a loser

July 31, 2020 | The Washington Post

While the demand for printing papers had been in slow decline before the pandemic, the magnitude of the drop during COVID-19 has been a surprise.

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United States sinks another $2.1 billion into potential COVID-19 vaccine

July 31, 2020 | Associated Press

The vaccine prospect is based on the existing DNA-based technology that is used to produce Sanofi’s seasonal flu vaccine. It is one of several vaccines in development.

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U.S. consumer spending increased 5.6% in June, but could be easing again

July 31, 2020 | Associated Press

With confirmed viral infections rising in a majority of states, many businesses have had to pause their re-openings or close a second time and cut jobs, thereby putting consumers under renewed pressure.

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U.S. wages, benefits grow at slowest pace in three years

July 31, 2020 | Associated Press

With unemployment so high, workers who still have jobs have less ability to resist pay cuts or demand raises.

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amazon big pic

Amazon’s virus stumbles have been boon for Walmart, Target

July 31, 2020

Former and current Amazon executives who spoke on the condition of anonymity because they weren’t authorized to speak publicly say no company could fully prepare for the crush of orders stemming from a global pandemic.

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Trump offers, but Democrats reject short-term fix for $600 jobless benefit

July 31, 2020

Democratic leaders panned the idea in late-night talks at the Capitol, opting to keep the pressure on for a much more expensive and sweeping bill.

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big-pic-ips-042312-2col.jpg

IPS board delays return to classrooms until at least October

July 31, 2020 | Dylan Peers McCoy, Chalkbeat Indiana

IPS struggled with the shift to remote instruction in March, but officials said they were taking steps to mitigate problems this time around.

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Second U.S. virus surge hits plateau, but public health experts remain wary

July 30, 2020

Dr. Anthony Fauci, the government’s foremost infectious-disease expert, said he’s worried about rising percentages of tests coming back positive in states like Ohio, Kentucky, Tennessee and Indiana.

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Dunkin’ to close 800 U.S. stores as pandemic hurts sales

July 30, 2020 | Associated Press

The 800 stores represent 8% of Dunkin’s U.S. footprint but just 2% of its sales.

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Pfizer executive targets end of year for COVID-19 vaccine

July 30, 2020

The developers said they have the potential to manufacture up to 100 million vaccine doses by the end of this year and up to 1.3 billion doses by the end of 2021.

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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