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White House, GOP kill payroll tax cut idea, but flounder over broader coronavirus bill

July 23, 2020 | The Washington Post

Senate Majority Leader Mitch McConnell, R-Ky., had planned to roll out a $1 trillion GOP bill Thursday morning, but that announcement was canceled in a head-spinning series of events.

The Latest: Fun center closes due to pandemic losses; two big Indy events canceled

July 21, 2020 | IBJ Staff and Associated Press

Get the latest tidbits on pandemic-related closures, delays, testing and other news in this ongoing series of updates.

Eldorado’s $17.3B merger with Caesars clears final hurdle

July 17, 2020 | Associated Press

The deal, which affects five Indiana casinos, was approved by New Jersey regulators on Friday.

Eldorado’s $17.3B merger with Caesars nearing final approval

July 15, 2020 | Lindsey Erdody

The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.

Indiana Gaming Commission approves $17.3B Caesars-Eldorado deal

July 10, 2020 | Samm Quinn and Associated Press

The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.

MORRIS: City must address panhandling to ensure downtown’s survival

July 10, 2020 | Greg Morris

Everyone but city government seems to be sounding the alarm about a homeless takeover of downtown Indy.

PETE THE PLANNER: Don’t assume home improvements are an investment

July 10, 2020 | Peter Dunn

There’s something incredibly practical about putting money into your home, in the right places. The key is to not get carried away by convincing yourself every dollar spent is wise or even an investment.

Wealthy hospitals get billions in federal bailout funds

July 10, 2020 | John Russell

Some are asking whether coronavirus aid funds are flowing to the neediest hospitals, or to those that already have deep financial resources, as the money is doled out to thousands of institutions nationwide.

Simon Property Group diving into retail ownership

July 10, 2020 | Greg Andrews

Simon is veering into retailer ownership in a substantial way, emboldened by its successful partnership with two other firms to buy the teen-oriented mall chain Aeropostale out of bankruptcy court in 2016.

Capital Improvement Board misses May revenue mark by nearly 70%

July 10, 2020 | Mickey Shuey

The CIB, which operates the Indiana Convention Center and Lucas Oil Stadium, on Friday said May income fell significantly short of both previous-year and budgeted totals because of the pandemic.

expansion-timeline-indianaconventioncentertestedx-2col.jpg

U.S. economy shows signs of stalling as viral outbreak worsens

July 9, 2020 | Associated Press

Some economists have even warned that a so-called “double-dip” recession, in which the economy shrinks again after rebounding, could develop.

JW reopens with new safety protocols, updated rooms

July 9, 2020 | Mickey Shuey

Guests who stay at the hotel will see a variety of changes, including plexiglass barriers at check-in counters and an increase to the amount of time allocated for room cleanings.

Convention Center gets back in the game by hosting basketball tournament

July 9, 2020 | Mickey Shuey

The Nike Tournament of Champions, a 300-team girls basketball event, is expected to bring 9,000 people to Indianapolis through Sunday, injecting an estimated $8.9 million into the local economy.

Owner of Hoosier Park, Indiana Grand on verge of $17.3B sale

July 9, 2020 | Associated Press

Approval of the acquisition of Caesars Entertainment in coming days from regulators in Indiana and New Jersey would create the world’s largest casino operation.

State expands PPE program to schools, launches new directory for supplies

July 8, 2020 | Samm Quinn

The state has begun coordinating with Indiana schools to provide them with PPE supplies for K-12 students and educators, including 3 million reusable face masks.

Numerous U.S. lawmakers benefited from Paycheck Protection Program

July 7, 2020 | Associated Press

Among businesses that received money was a California hotel partially owned by the husband of House Speaker Nancy Pelosi, as well as a shipping business started by Transportation Secretary Elaine Chao’s family.

McConnell calls for 5-year lawsuit shield for businesses as part of next virus bill

July 6, 2020 | The Washington Post

Senate Majority Leader Mitch McConnell, R-Ky., outlined new details Monday of what he wants to see in the next and potentially final coronavirus relief package.

Small business aid went beyond hard-hit companies, data show

July 6, 2020 | Associated Press

Recipients covered a broad swath of industries, with some that were less directly impacted by the coronavirus pandemic, such as manufacturing and construction, receiving a greater proportion of the loans than the hard-hit restaurant, bar and hotel industries.

Indiana sees number of COVID-19 cases climb, reversing weeks of downward trend

July 6, 2020 | John Russell

The increase is hitting more young people. People under 30 now account for 22% of all who have tested positive for COVID-19 in Indiana, up from 15% just a few weeks ago.

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