Wall Street steadies itself, halting four-day losing streak
Tuesday’s market rebound has been the exception this month. Wall Street has suddenly lost momentum in September following months of powerful gains that returned the S&P 500 to a record.
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Airline industry pleads for mandatory virus tests to prop up demand
While the call for testing isn’t new, the outlook has turned increasingly grim for airlines taking stock of a disappointing summer with rising infection rates and restrictions dashing hopes for a recovery.
FDA to announce tougher standards for COVID-19 vaccine, likely delaying approval
The U.S. Food and Drug Administration is expected tighten a standard for an emergency authorization of a coronavirus vaccine as soon as this week that will make it exceedingly difficult for any vaccine to be cleared before Election Day.
Plasma treatment trials expanded by U.S. to show safety, benefit
Two human studies of convalescent plasma, a component of blood taken from recovered coronavirus patients, will enroll more patient at hospitals and clinics across the country.
Notre Dame-Wake Forest football game postponed after Irish positive tests
The game is the 18th involving major college football teams to be postponed or canceled by COVID-19 issues since Aug. 26.
Powell, Mnuchin voice optimism but back more economic aid
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding, but stressed that major sectors of the economy were still suffering.
UPDATE: Developer finds partner for long-stalled Wilshaw hotel project in Speedway
Loftus Robinson LLC partnered with an Indianapolis hotelier late last week to shore up financing for the project at the southeast corner of 16th and Main streets. Construction has been stalled since July 2019.
UPDATE: Braun, Young support vote on Supreme Court nominee before November
Senate Republicans have swiftly fallen in line behind President Donald Trump’s push to fill the late Justice Ruth Bader Ginsburg’s Supreme Court seat. Trump, who will announce his nominee Saturday, is all but certain to have the votes to confirm his choice.
Trick-or-What? Pandemic Halloween is a mixed bag all around
Decisions are outstanding in many areas on whether to allow kids to go door to door in search of candy, with Los Angeles first banning trick-or-treating, then downgrading its prohibition to a recommendation.
Wine: No need to wait for an occasion to pop this $10 bubbly from Italy
Italy shines again with an inexpensive bubbly that can help brighten the quarantine, plus a vibrant white wine to drink with all sorts of seafood.
House Democrats hope to pass funding bill to avert shutdown
A mini-furor over farm subsidies is threatening to delay passage of the measure. It ignited when Democratic leaders left out a key provision for farmers. Democrats from farm country are reluctant to approve the measure without the GOP-backed provision.
Fewer slacks, more sweats: Organizing your pandemic wardrobe
At this point—with no end in sight to the global pandemic—it makes sense to adapt our closets and dressers to our current lifestyle and to (sadly) acknowledge that pieces of our pre-pandemic lives are not returning anytime soon.
Indy Eleven allowed to seat 7,500 fans for final two home games
The new occupancy limit is the latest development in the see-saw saga of the soccer club’s attendance during the pandemic.
Indiana reports 652 more COVID-19 cases; U.S. death toll passes 200,000
The Indiana State Department of Health on Tuesday reported the testing of 6,977 more unique individuals. The cumulative positivity rate remained at 8.6%.
Survey: More than 40% of Indiana restaurant operators fear viability
More than four out of 10 restaurant operators in Indiana say it is unlikely they will still be in business six months from now if current business conditions continue, according to survey released Tuesday by the Indiana Restaurant and Lodging Association.
Texas developer plans $325M industrial park in Whiteland
Dallas-based Mohr Capital has already broken ground on the first building in the master-planned Mohr Logistics Park—a 1 million-square-foot distribution center for Cooper Tire—and has several more in the early planning stages.
Indianapolis photography-services firm plans to hire more than 100 workers
Lumatic, which launched in 2016 and has eight employees, offers a platform that allows groups to book professional freelance photographers and share the photos they take widely.
Developers propose $36M multifamily project near downtown Fishers
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
Barrett, emerging as high court favorite, meets with Trump at White House
The president told reporters he was still going to be interviewing other candidates and might meet with Judge Barbara Lagoa when he travels to Florida later this week.
Powell: Many small companies can borrow without Main Street
The central bank has faced criticism for not making the Main Street program easier to use for banks, which evaluate and issue the loans. The Fed buys 95% of the loan from the banks, reducing their credit risk.