Stocks rally on better-than-expected economic data
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.
Survey: Top CEOs expect virus business fallout through 2021
Business Roundtable’s CEO Economic Outlook Survey fell to 34.3 in the second quarter, its lowest reading since the same three months of 2009, according to results released Monday.
AMC delays planned movie theater reopenings by two weeks
The company had planned to begin opening theaters in mid-July, but last week the July theatrical release calendar was effectively wiped clean.
Tracking coronavirus cases proves difficult amid new surge
Contact tracing—tracking people who test positive and anyone they’ve come in contact with—was challenging even when stay-at-home orders were in place. Now it’s getting even more difficult as states reopen.
Indiana COVID-19 cases rise above 45,000
The Indiana State Department of Health on Monday said 1,166 people from long-term-care facilities have died in the state.
Indiana regulators rule utilities can’t charge consumers for lost revenue during pandemic
Monday’s ruling followed a huge uproar from ratepayers and elected officials, who widely criticized utilities for their request to charge customers for electricity they didn’t use when demand slowed down during health crisis lockdowns.
Money still available for PPP loans, but deadline looms
Indiana lenders had secured a total of $9.5 billion in Paycheck Protection Program loans for their borrowers as of Saturday, according to the Small Business Administration.
Gilead’s $2,340 price for coronavirus drug draws criticism
Remdesivir’s price has been highly anticipated since it became the first medicine to show benefit in the pandemic, which has killed more than half a million people globally in six months.
Some Indiana schools will reopen without a full-time nurse
The importance of having a medical professional on site has been heightened as districts work through how to reopen schools safely during the ongoing pandemic.
Federal Reserve issues details on corporate bond purchases
The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
Pursuit of COVID-19 vaccine should become clearer this summer
People on six continents already are getting jabs in the arm as the race for a COVID-19 vaccine continues, with even bigger studies poised to prove if any shot really works—and maybe offer a reality check.
Indiana reports increase of 355 COVID-19 cases, 3 more deaths
Worldwide cases of COVID-19 have surpassed 10 million and deaths are nearing a half-million, according to the latest numbers from John Hopkins.
Study: Indiana nurses suffer ‘resource trauma’ when they lack personnel or supplies
Researchers from Purdue University have found that a lack of resources could put nurses’ psychological well-being at risk.
Bar owners worry as virus surges in their workplaces
Bar and restaurant owners across the nation have been deeply hurt financially by anti-virus measures and also are struggling with tough decisions, with some shutting down again after workers became infected or closing as a precaution because of rising cases in their areas.
State reports 21 more deaths from COVID-19
The Indiana State Department of Health on Saturday reported an increase of 435 in its cumulative total of coronavirus cases.
Microsoft store at Fashion Mall closing as part of broad strategy shift
Microsoft is dramatically shrinking its in-person retail business and will permanently close all but four of its brick-and-mortar locations, after its attempts to replicate Apple’s success with storefronts failed to get traction.
Dow tumbles 730 points as COVID-19 cases rebound in several states
Stocks closed sharply lower on Wall Street on Friday as the number of confirmed new coronavirus cases in the United States hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed.
Some states retreat as confirmed virus cases hit all-time high
Health experts have said a disturbingly large number of cases are being seen among young people who are going out again, often without wearing masks or observing other social-distancing rules.
Players’ parents wonder why NCAA has no rules for coronavirus.
Thousands of parents of college football players across the country grappling with unanswered questions about coronavirus this month as their sons returned to campuses for socially distanced workouts.
American Airlines to begin booking flights to full capacity
American’s move matches the policy of United Airlines but contrasts sharply with rivals that limit bookings to create space between passengers to minimize the risk of contagion.
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