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California’s lockdown-related job losses portend trouble for rest of nation

August 4, 2020 | Bloomberg News

Renewed job losses in California brought on by revived lockdown efforts might have a preliminary impact in the July U.S. jobs report due Friday—and an even bigger effect in August.

Indiana Senate Democrats targeting four Marion County races

August 4, 2020 | Lindsey Erdody

The Indiana Senate Democrats Committee, the campaign arm of the Indiana Senate Democratic Caucus, is expected to announce its “Flip List” on Tuesday morning, and four of the five races on the list cover parts of Marion County.

Ambrose plans $75M redevelopment of former Navistar plant property

August 4, 2020 | Mickey Shuey

Ambrose acquired the 90-acre property at 5655 S. Brookville Road in mid-July for $8.2 million—more than five years after Illinois-based Navistar International Corp. shuttered its foundry operations there.

navistar harvester plant 440px

GM alleges Fiat Chrysler spent millions to bribe UAW leaders

August 4, 2020 | Associated Press

General Motors is asking a federal judge to reconsider his dismissal of a lawsuit based on new allegations that Fiat Chrysler bribed union officials and GM employees with millions stashed in secret foreign bank accounts.

Federal nursing home plan limits upfront supply of free COVID-19 tests

August 4, 2020

The weekly cost of testing employees could range from more than $19,000 to nearly $38,000, according to estimates. But the Trump administration said nursing homes can cover the cost of ongoing testing from a $5 billion pot provided by Congress, and allocated to the facilities by the White House.

Carmel OKs Estridge townhouse development despite concern from neighbors

August 4, 2020 | Kurt Christian

At least one person was ordered to leave the Carmel City Council meeting Monday for interrupting the council’s review of plans for 15 townhouses on the city’s north side.

Outdoor stairs or stadium bleachers offer an excellent all-around COVID-era workout

August 3, 2020

If you’ve got some stairs nearby, you can create a regimen that rolls three workouts in one: cardio, strength and plyometric movements such as leaps, jumps and bounds.

Wine: Here’s proof boxed wine can be downright delicious for the equivalent of $5 a bottle

August 3, 2020 | Dave McIntyre, Special to The Washington Post

The bag-in-the-box keeps the wine fresh for several days and even weeks in the refrigerator, always available for a glass while cooking dinner, a splash for deglazing a pan, or a final sip while cleaning up.

IU Health sees operating income plunge 34% over first half of year

August 3, 2020 | John Russell

The pandemic took a huge bite out of routine surgeries and other highly profitable procedures at the state’s largest hospital system.

Stocks rally worldwide, S&P 500 back to within 3% of record

August 3, 2020

Gains for tech stocks, particularly Microsoft and Apple, pushed the Nasdaq composite up 1.5%, to another record.

House panel calls on new postal chief to explain mail delays

August 3, 2020 | Associated Press

Postal Service officials, bracing for steep losses from the nationwide shutdown caused by the pandemic, have warned they will run out of money by the end of September without help from Congress.

U.S. Treasury projects record Q3 borrowing of $947 billion

August 3, 2020 | Associated Press

The Congressional Budget Office is projecting that the deficit for this year will soar to $3.7 trillion, far surpassing the previous record deficit of $1.4 trillion in 2009, the first time the shortfall for a single year topped $1 trillion.

Virus relief bill remains up in air as negotiations resume

August 3, 2020 | Associated Press

Both the Trump administration negotiating team and top Capitol Hill Democrats remain far apart, and talks since Saturday—when the combatants announced modest progress—have yet to lend momentum.

Community Health loses $40M in first half of year, cuts 80 administrative jobs

August 3, 2020 | John Russell

The hospital has made more than $60 million in cuts, including the elimination of its 401(k) match through the rest of the year and the closing of a rehabilitation hospital in Kokomo.

Central Indiana school temporarily closes after positive virus test

August 3, 2020

Meanwhile, parents and caregivers of football players at an Indianapolis high school have been told to monitor their children after a player at Warren Central tested positive for the virus.

City sets first public meeting on reforming public safety

August 3, 2020 | Samm Quinn

The first public meeting will include a first look at initial survey results as well as data that has been gathered by the Criminal Justice Lab.

Indiana reports another 582 COVID-19 cases as testing slows

August 3, 2020

Marion County reported an increase of 153 cases, the 18th straight day that cases in the county have risen by more than 100.

Republic Airways to furlough 293 in Indianapolis, 2,500 company-wide

August 3, 2020 | Susan Orr

Indianapolis-based Republic expects the layoffs to take place in two waves on Oct. 1 and Nov. 1, although they likely will be temporary for local pilots, flight attendants, dispatchers and maintenance facility employees.

Parent of Men’s Wearhouse, Jos. A. Bank goes bankrupt

August 3, 2020 | Bloomberg News

Tailored Brands, the owner of Men’s Wearhouse, Jos. A. Bank and K&G Fashion Superstore, has 11 total stores in the Indianapolis area.

7-Eleven owner to buy Speedway gas stations for $21 billion

August 3, 2020 | Bloomberg News

Tokyo-based Seven & i Holdings plans to acquire about 3,900 Speedway stores in 36 states. Indiana is one of Speedway’s largest markets.

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