Fast-casual Mediterranean chain coming to Indy
Up to five more locations could open in the next 16 months. Also this week: The Black Acre Loft, Dave & Buster’s, Gold Leaf Savory & Sweet
Indiana sees 2nd straight uptick in jobless claims amid national decline
Weekly claims had been declining in Indiana during the pandemic until increasing the past two weeks.
U.S. virus outbreaks stir clash over masks, personal freedom
The mask debate is playing out nationwide, notably in hard-hit states where face coverings have become a political and cultural debate.
State could see $3B-$4B revenue shortfall in two-year budget—about 10% of what it planned to spend
Tax revenues for fiscal year 2020 were already off by $1.2 billion by the end of May, an amount that is expected to grow to $1.7 billion to $1.8 billion before the fiscal year ends June 30.
Wall Street dips as global rally eases off the accelerator
Markets have been trending upward this week, but rising levels of coronavirus infections in several hotspots around the world are raising concerns that all the improvements could get upended.
Indiana’s K-12 schools won’t face state funding cuts, Holcomb says
Gov. Eric Holcomb and state lawmakers have agreed to move forward with the current budget, he said during a scheduled video conference. That includes maintaining the planned $183 million increase in school funding.
Indiana reports another 24 deaths from COVID-19
The Indiana Department of Health said Wednesday that official COVID-19 cases in the state have risen past 41,000.
Health commissioner huddles with school leaders on reopening advice
Dr. Kristina Box on Tuesday clarified the state’s guidelines for reopening schools, which some school leaders have criticized for putting too much responsibility on individual districts.
Indiana’s LaGrange County requiring face masks after virus spike
LaGrange County’s COVID-19 cases have jumped, with 215 new cases since Memorial Day. In all, the number has almost quadrupled in 21 days.
Stocks rally worldwide on hopes for coming economic recovery
Economists at IHS Markit said this could be the shortest recession on record for the United States, perhaps just a couple months.
Trump team considers $1 trillion for infrastructure to spur economy
A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, such as roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband.
U.S. airlines could ban travelers who refuse to wear masks
Airlines for America, a trade organization, said a group of major American airlines will begin “vigorously” enforcing face-covering policies after reports of travelers not being held to the safety standard.
Children only half as likely to get infected by coronavirus, study finds
The findings could influence policymakers who are facing tough decisions about when and how to reopen schools and daycare centers.
U.S. expects insurers to cover COVID-19 vaccine without copays
The White House has launched an initiative to quickly manufacture millions of doses of COVID vaccines, once the Food and Drug Administration approves one or more formulations.
State reports 440 new COVID-19 cases, 14 more deaths
The Indiana State Department of Health said 11.2% of those tested for the virus in Indiana so far have tested positive.
Researchers say drug improving survival from COVID-19
Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: The cheap, widely available steroid reduced deaths by up to one-third in severely ill hospitalized patients.
U.S. industrial production bounced back 1.4% in May
American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
Businesses, colleges plead with Trump to preserve work visas
President Trump imposed a 60-day pause on visas for foreigners seeking permanent residency on April 22, but the order included a long list of exemptions.
WNBA plans to play 2020 season in Florida starting in late July
Players would receive their entire salaries for the year despite playing a schedule that’s only about two-thirds the length of the 36-game one that was supposed to start May 15.
U.S. retail sales increase by record 17.7% in a partial rebound
Sales at non-store retailers, which include internet companies like Amazon and eBay, rose 9% in May after posting growth of 9.5% in April.
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