With a key coronavirus rescue fund now exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
Amazon.com CEO Jeff Bezos said his company had assembled a team comprising scientists, managers and software engineers to build internal testing capacity, and hoped to build its first testing lab soon.
In Indiana, 118,184 claims were made in the week that ended April 11, down from 127,010. The state was typically seeing less than 3,000 claims per week before the outbreak.
A growing number of Indiana educators are beginning to prepare for remote instruction to go into the next academic year.
While the NFL has just begun pondering a shortened season, the other major U.S. leagues are already in various stages of exploring their most feasible paths to resumption.
President Donald Trump spent much of his day hosting conference calls with company executives, industry groups and others he announced Tuesday as part of a hastily formed outside advisory council devoted to the issue.
For its first investment, Impact is partnering with Indy Chamber’s Business Ownership Initiative in its effort to deliver rapid release response loans of $1,000 to $25,000 to businesses in need.
Indiana governor said employees must have “a very high level of confidence about the workplace” when businesses reopen.
The figures reflect the outsized danger of the coronavirus to elderly people, who often are physically weak and have underlying conditions, from heart disease to diabetes.
A series of wrenching numbers were issued Wednesday on retail sales, oil prices and bank profits that knocked a stock rally off its tracks and hit the pause button on investor optimism.
The nationwide look at the outbreak’s impact on the economy came from the Federal Reserve’s report known as the beige book, compiled from information supplied by the Fed’s 12 regional banks.
Indiana Gov. Eric Holcomb has said he’s talked with regional governors, but he has not said publicly whether Midwest states’ economies should reopen as a group.
Indiana University Health said admissions of COVID-19 patients at its 16 hospitals have been “pretty flat” over the past six or seven days, but it’s unclear whether the surge has peaked.
The case and death numbers reported Wednesday by the state health department were higher than than previous day’s figures.
Automobile and clothing store sales collapsed during the month, the Commerce Department said Wednesday. Sales at restaurants and bars also plummeted. But grocery store business soared.
It’s one of the biggest unknowns about the coronavirus, one that determines what comes next for hundreds of thousands of Americans who have endured COVID-19 and now appear to be fully recovered.
Governors around the United States began sketching out plans Tuesday to reopen their economies in a slow and methodical process to prevent the coronavirus from rebounding with tragic consequences.
Videos and online reports claiming that millions of Americans will have to repay the relief checks they receive from the federal government under the $2.2 trillion coronavirus economic recovery bill are not true.
Indianapolis-based Republic Airways told The Wall Street Journal that it was still in discussions with the Treasury.
Five major football conference commissioners have asked the Indianapolis-based NCAA to relax some requirements to compete in Division I for four years.
