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Home » Coronavirus

The latest news on COVID-19

Lilly’s COVID-19 treatment expected to be in short supply initially

November 10, 2020 | The Washington Post

The initial scarcity of the drug and the logistical complexities of administering it could mute its immediate impact on the pandemic and raise questions about whether it is being distributed to people in the greatest need.

Read More

Simon, partners plan to shake up merchandise mix at J.C. Penney

November 10, 2020 | Susan Orr

Simon Property Group, which is expected to acquire J.C. Penney out of bankruptcy with partners in an agreement approved Monday, reported third-quarter results that fell short of Wall Street expectations.

Read More

U.S. allows emergency use of Lilly’s COVID-19 antibody drug

November 9, 2020 | Associated Press

The Food and Drug Administration on Monday cleared the experimental drug from Indianapolis-based Eli Lilly and Co. for people 12 and older with mild or moderate COVID-19 not requiring hospitalization. It’s a one-time treatment given through an IV.

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Dow climbs more than 800 points as vaccine news revs up markets

November 9, 2020 | The Washington Post

Global markets roared Monday, with the Dow Jones industrial average soaring to intraday highs not seen since February.

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Trump faces long odds in challenging state vote counts

November 9, 2020 | Associated Press

Republican surrogates for President Donald Trump resumed their legal fight Monday to try to stop the vote count in key battleground states, including Pennsylvania and Michigan.

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Fall Creek Place eatery Shoefly cites pandemic for closure

November 9, 2020 | IBJ Staff

Shoefly Public House suspended operations on Saturday after a staff member tested positive for COVID-19. The initial plan was to reopen, but the owners soon decided to make the closure permanent.

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Amid pandemic, 66 Indiana hospitals facing fines for excessive readmissions

November 9, 2020 | John Russell

The federal government says readmissions are often unnecessary and cost taxpayers tens of billions of dollars a year for treatments that should have been caught the first time around, or were not followed up adequately.

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Steak n Shake closes 13 more restaurants amid slowing customer traffic

November 9, 2020 | IBJ Staff

Steak n Shake revenue plummeted to $78.8 million in the third quarter, down from $141.3 million a year ago.

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COVID-19 hospitalizations reach new high as state reports 4,213 more cases

November 9, 2020 | IBJ Staff

The Indiana State Department of Health on Monday said the seven-day moving average for COVID-19 cases reached another all-time high of 4,212.

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Stocks skyrocket to record levels on Pfizer’s optimistic vaccine news

November 9, 2020 | Associated Press

Markets were already sharply higher on the U.S. election result when Pfizer said that research shows vaccine shots may be 90% effective at preventing COVID-19, indicating the company is on track this month to file an emergency-use application with U.S. regulators.

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Pfizer says COVID-19 vaccine is looking 90% effective

November 9, 2020 | Associated Press

The coronavirus shots, made by Pfizer and its German partner BioNTech, are among 10 possible vaccine candidates in late-stage testing around the world—four of them so far in huge studies in the U.S.

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Nursing home COVID-19 cases rise four-fold in surge states

November 9, 2020 | Associated Press

Nursing homes and other long-term care facilities account for about 1% of the U.S. population, but represent 40% of COVID-19 deaths, according to the COVID Tracking Project.

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Indiana reports another 4,689 COVID-19 cases; hospitalizations hit another high

November 8, 2020 | IBJ Staff

The Indiana State Department of Health has reported 262 new COVID-19 deaths over the past seven days, up from 229 the previous week.

Read More

Indiana COVID-19 cases top 5,000, hitting record for fourth straight day

November 7, 2020 | IBJ Staff

Hospitalizations due to COVID-19 also rose to another high in Indiana, as did testing of new individuals.

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U.S. consumer borrowing increases by $16.2 billion

November 6, 2020 | Associated Press

The increase included a $3.98 billion increase in credit card borrowing, the first rise since February. Credit card use had fallen for six straight months as households cut back on use of credit cards once the pandemic hit.

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Hotels’ vacancy woes cause debt headaches

November 6, 2020 | Mickey Shuey

With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.

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Indianapolis International Airport absorbs plunge in passengers

November 6, 2020 | Samm Quinn

Passenger traffic at the airport is expected to be 45% lower in 2020 than last year, but airport leaders say they are confident they can keep the organization’s finances stable.

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Bank deposits soar as customers save instead of borrow

November 6, 2020 | Susan Orr

High levels of uncertainty, along with other pandemic-related factors, have pushed U.S. commercial bank deposits to record highs since the beginning of the year.

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Editorial: Indiana should share more data to help Hoosiers fight COVID-19

November 6, 2020

The state reports county-level case numbers and identifies schools and long-term-care facilities that have had outbreaks, but it does not share cases by ZIP code nor identify categories of businesses where the virus is being transmitted. Doing so would help Hoosiers make better decisions.

Read More

COVID-19 cases, hospitalizations, testing hit new high marks

November 6, 2020 | IBJ Staff

The Indiana State Department of Health on Friday said the seven-day moving average for COVID-19 cases reached another all-time high of 3,576.

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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