We check in with firms of all stripes to learn how they’re seeking to persevere—and how some are plotting to gain a competitive advantage when normalcy returns.
Getting his ring back from the 1980 NCAA championship was nice and all, but David “Poncho” Wright would regain something more important several years later: his life.
Last month’s actual job loss was likely even larger because the government surveyed employers before the heaviest layoffs hit in the past two weeks. The unemployment rate jumped from a 50-year low of 3.5%.
Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare.
Even as Hotel Tango puts its employees to work making hand sanitizer, the company is advancing its plans to open a restaurant and tavern in Zionsville this summer.
Indianapolis Contemporary—known as the Indianapolis Museum of Contemporary Art up until 11 months ago—announced Thursday that it was calling it quits after an internal review “determined it was not economically feasible to continue operations.”
The one-day strikes had little impact on consumers, but the unrest called attention to mounting discontent among low-wage workers who are on the front lines of the pandemic.
The state said more than 5,300 health care workers who are not currently working in hospital settings have volunteered to help during the projected coronavirus surge, which is expected to begin in mid April.
Sahm’s Restaurant Group has retooled its operations to benefit the not-for-profit Second Helpings and to create a series of marketplaces, where customers can get takeout meals as well as grocery items.
A group called the Gig Workers Collective is calling for a nationwide walk-out Monday. They’ve been asking Instacart to provide workers with hazard pay and protective gear, among other demands.
With most Americans stuck at home working and taking care of their children, payments directly to them will mean rent and mortgages can be paid and groceries can be purchased during this economic crisis.
A big challenge has been that some fundamental assistance—like providing food to low-income or aging individuals and families—doesn’t easily transition to a work-from-home model.
The race—rescheduled for Aug. 23—is on an otherwise open weekend in the city’s summer event calendar, which could fill hotel rooms at a time they would otherwise have been empty.
