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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.

Editorial: Mayor must step up to lead the rebuilding of downtown

July 3, 2020

In the first year of his second term, the mayor has an opportunity to make rebuilding downtown in a way that’s economically inclusive his signature achievement in office.

Indiana sees new jobless claims spike; national unemployment falls to 11.1%

July 2, 2020 | Associated Press and IBJ Staff

U.S. employers added a substantial 4.8 million jobs in June as the job market improved nationally for a second straight month. Indiana, however, saw initial unemployment claims rise for the fourth straight week.

City to spend $1M in relief funds on tourism marketing campaign

July 1, 2020 | Samm Quinn

Called “You’ve Earned It,” the campaign seeks to boost Indianapolis’ tourism industry, which has been deeply hurt by the COVID-19 pandemic and related shutdowns.

Survey: U.S. companies added 2.4 million jobs in June

July 1, 2020 | Associated Press

The payroll company ADP said Wednesday that small businesses reported the biggest increase, adding 937,000 jobs. Among industries, construction firms, restaurants and hotels, and retailers posted large gains in hiring.

Senate reaches deal to extend Paycheck Protection Program

June 30, 2020 | The Washington Post

Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.

Children’s Museum, art museum to reopen to general public

June 30, 2020 | IBJ Staff

The Children’s Museum said it is projecting a loss of $4 million to $7 million in 2020 because of the three-month health crisis closure.

Visit Indy spending $50K on digital ads to entice visitors

June 30, 2020 | Mickey Shuey

The tourism group’s new “You Have Earned It” campaign focuses on Indiana residents and relies heavily on Facebook and Google advertising platforms.

Stocks slide on Wall Street as U.S. coronavirus cases surge

June 24, 2020 | Associated Press

Stocks fell sharply on Wall Street on Wednesday as new coronavirus cases in the United States climbed to the highest level in two months, dimming investors’ hopes for a relatively quick economic turnaround.

Virus pummels commercial real estate, could end long boom

June 24, 2020

Office tenants are considering renting less space as more employees work from home, and the trend toward online shopping is accelerating, which could cut already weak demand for retail space in downtown areas and malls.

2020 Indiana 100: Cook Group still blazing own trail 9 years after founder’s death

June 19, 2020 | Sam Stall

The company, whose largest business is medical devices, generated $2.4 billion in revenue last year and employs 13,531 people worldwide, including 7,699 in Indiana.

COVID-19 uncertainty makes economic predictions more difficult

June 19, 2020 | Susan Orr

Economists are struggling to understand how bad the fallout might get and how long it might take to recover.

State could miss $330M in tax revenue from depleted hospitality industry

June 18, 2020 | Mickey Shuey

States and municipalities throughout the country are expected to miss out on about $16.8 billion in taxes this year because of the pandemic’s impact on the hospitality industry, a new study says.

Wanderlust woes? Décor ideas for the housebound traveler

June 18, 2020 | Associated Press

Whether you’re wishing you were at a wilderness cabin, the beach or an exotic passport destination, designers and retailers are offering clever ways to bring the world into your quarantined home space.

Care-free days at theme parks giving way to virus safeguards

June 14, 2020 | Associated Press

From Walt Disney World in Florida to Holiday World in Indiana, amusement parks are taking all kinds of steps to reassure the public and government leaders that they’re safe to visit amid the coronavirus crisis.

Carmel’s Clay Terrace loses seafood restaurant, Italian eatery

June 11, 2020 | Kurt Christian

Carmel outdoor shopping center Clay Terrace has two sizable restaurant spaces to fill after the closures of Mitchell’s Fish Market and Biaggi’s Ristorante Italiano.

MIKE LOPRESTI: In time of pandemic, Indy native happy to be taking the field in Korea

June 11, 2020 | Mike Lopresti

Mel Rojas Jr. was born here and played for the Indians at Victory Field. Now he’s thriving in the KBO League, the only one on the planet playing baseball.

Indianapolis lands additional $7M for homeless programs

June 11, 2020 | IBJ Staff

Indiana received more than $30 million in the latest round of federal funding, on top of $23.8 million it was allocated in January.

Chicago loses massive trade show to coronavirus pandemic

June 9, 2020 | Associated Press

More than 129,000 people had signed up to attend the International Manufacturing Technology Show, making it the largest convention scheduled for the city this year.

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