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Home » Coronavirus

The latest news on COVID-19

Endowment’s largesse targets not-for-profit safety net

April 10, 2020 | Lindsey Erdody

Within a week of Indiana’s first confirmed case of COVID-19, the Indianapolis-based endowment granted $15 million to underwrite a new community fund dedicated to helping social service agencies respond to the pandemic.

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Coronavirus restrictions scramble Second Helpings’ fundraising plans

April 10, 2020 | Susan Orr

The Indianapolis-based hunger relief organization has seen demand for its services soar because of the coronavirus pandemic. The health crisis has forced the group to convert its biggest annual fundraiser into an online event.

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Global pact to contain oil price crash takes shape

April 10, 2020 | Associated Press

The deal paves the way for cuts that experts estimate could reach 15 million barrels a day. Such a move would be unprecedented both in its size and the number of participating countries, many of whom have long been bitter rivals in the energy industry.

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Unlocked Article

Consumer prices slump 0.4% as virus puts chill on spending

April 10, 2020 | Associated Press

Consumer prices saw their largest monthly decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services.

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Unlocked Article

COVID-19 cases surge to 6,907 in state, 2,600 in Marion County

April 10, 2020 | IBJ Staff

The 55 deaths were the most reported to date in the Indiana State Department of Health’s daily updates, up from 42 on Thursday.

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Record bankruptcies predicted in next year as unemployment soars

April 10, 2020 | Bloomberg News

New research from economists at three Federal Reserve banks shows coronavirus-related bankruptcies could rise by 200,000, reaching almost 1 million, unless government stimulus programs offset the increase.

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Unlocked Article

Bret Swanson: It will take an info-tech solution to restart economy

April 10, 2020 | Bret Swanson

Our initial defenses were so broad and blunt … because we knew so little.

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Unlocked Article

Peter Embi & Shaun Grannis: Here’s what to consider when reopening the economy

April 10, 2020 | Peter Embi and Shaun Grannis

Protocols for whom and how often to test those re-entering the workforce will be important.

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Virus forces CIB to scale back first phase of $360M fieldhouse renovation project

April 10, 2020 | Mickey Shuey

The Capital Improvement Board is significantly scaling back the first phase of a $360 million Bankers Life Fieldhouse renovation as uncertainty about working conditions and the NBA season have thrown a wrench into the construction schedule.

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Indy tech firm Hc1 joins COVID-19 fight with real-time lab analytics tool

April 10, 2020 | Anthony Schoettle

CEO Brad Bostic calls the new dashboard “a game-changer” in predicting the movement of the disease and formulating plan to stop its spread.

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Indiana could receive more than $2.6B from federal stimulus package for state, local spending

April 10, 2020 | Lindsey Erdody

The Coronavirus Aid, Relief, and Economic Security Act, which President Donald Trump signed into law on March 27, provided $2 trillion in economic aid for business, hospitals and governments struggling with the impact of the pandemic.

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Unlocked Article

Area existing-home sales took off in March despite pandemic limitations

April 10, 2020 | IBJ Staff

Sales of existing single-family homes increased dramatically in central Indiana in March despite a global pandemic that limited house shopping. Meanwhile, tight inventories helped propel the median home price in the region to a record.

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Unlocked Article

Amazon seeking to run its own coronavirus tests on workers

April 9, 2020 | The Washington Post

Amazon said Thursday that it is developing a lab to screen its workers for the coronavirus, showing that more visibility into who is infected is essential to returning its business to normalcy.

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Pandemic reduces air travel to numbers seen at dawn of jet age

April 9, 2020

The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years, as people shelter in their homes to avoid catching or spreading the new coronavirus.

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U.S. gig workers, self-employed face delays in jobless aid

April 9, 2020 | Associated Press

A whole new category of people—gig workers, independent contractors and self-employed people—were extended unemployment aid during the pandemic. Yet most states are still updating their systems to process these applications.

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Unlocked Article

White House says no ‘surprise’ billing for COVID-19 patients

April 9, 2020 | Associated Press

Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday.

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Wall Street caps best week since 1974 on latest Fed stunner

April 9, 2020

The stock market closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.

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Unlocked Article

Indianapolis funeral firm joins University of Washington coronavirus protein project

April 9, 2020 | Samm Quinn

Baker Lab had asked companies and people capable of processing data to join in on the massive project to find a vaccine while their computers are idle.

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State receives more than 200 complaints, issues 80 warnings to businesses violating stay-at-home order

April 9, 2020 | Lindsey Erdody

During Gov. Eric Holcomb’s stay-at-home order requires most companies—including liquor stores—to either close or provide curbside service only. Groceries, gas stations, hospitals and other services deemed essential are exempted.

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Casino interior
Unlocked Article

With casinos closed, gambling revenue declines drastically in Indiana

April 9, 2020 | Lindsey Erdody

Indiana took a major hit in expected gambling revenue during March, not only because of closed casinos, but because the cancellation of major sports events severely limited sports betting.

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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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