Orders for big-ticket manufactured goods jump 7.3%
The Commerce Department said Monday that the June gain in durable goods orders, which was better than expected, followed an even bigger 15.1% increase in May.
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Target joins Walmart in closing on Thanksgiving, ending Black Friday kickoff
The move, announced Monday, come as retailers are rethinking Black Friday in-store bargain shopping as they try to curb the spread of the coronavirus, which has seen a resurgence in a slew of states.
Virus vaccine put to final test in thousands of volunteers
The world’s biggest COVID-19 vaccine study got underway Monday with the first of 30,000 planned volunteers helping to test shots created by the U.S. government—one of several candidates in the global vaccine race.
Trade, technology, security at risk in rising U.S.-China feud
If talks on ending the dispute fail, the world could face downward pressure on trade at a time when the global economy is already reeling from the pandemic.
White House: Congress might need to rush narrow relief bill to avoid unemployment aid lapse
Enhanced unemployment benefits are expiring at the end of this week for millions of Americans.
IBJ Podcast: This couple developed a robot that will kill coronavirus in your workplace
Diana and Jason Brugh talks with podcast host Mason King about how they were able develop a robot in just weeks, what it has been like working together, and what the robot costs. Plus, Diana explains her family’s experience with the coronavirus that helped motivate the project.
Survey: Business economists sketch more hopeful outlook
The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus.
Treasury secretary: Virus aid package soon, $1,200 checks by August
Treasury Secretary Steven Mnuchin said extending an expiring unemployment benefit—but reducing it substantially—was a top priority.
Indiana reports 860 new COVID-19 cases; total testing tops 700K mark
The state has reported more than 700 new COVID-19 cases daily for six straight days and more than 600 cases daily for the past 13 days.
FDA says at least 75 brands of hand sanitizers may be toxic
The FDA also advises Americans to be wary of products that claim to be “FDA-approved,” as none exist, or say they provide protection for “up to 24 hours.”
Indiana boat makers, sellers see coronavirus business boost
Northern Indiana manufacturers of RVs and recreational boats are struggling to keep up with demand as residents take up boating as a safe way to enjoy the summer.
Indiana reports 934 more COVID-19 cases, 11 more deaths
The overall COVID-19 testing-positivity rate remained at 8.9% Saturday after the state reported 11,570 new tests. Daily testing in Indiana has topped 8,000 for 12 straight days.
NCAA heeds Division I’s pleas for patience on fall sports
More than two dozen Division I conferences had urged the NCAA’s highest governing body to delay a decision on fall championships until a majority of leagues determine whether to hold regular-season competition.
Reporter, humorist Wolfsie to retire from WISH-TV
Dick Wolfsie, 73, has been a mainstay of Channel 8 since 1990, serving full-time as a feature reporter on “Daybreak” until 2010 and then as a “Weekend Daybreak” contributor.
Indianapolis Symphony Orchestra cancels indoor season due to pandemic, ‘economic pressures’
A joint statement from the symphony’s management and musicians said they were working together to try to provide health insurance for furloughed orchestra members.
With no new law to curb drug costs, Trump tries own changes
President Trump signed four executive orders Friday. One was about importation. The others would direct drugmaker rebates straight to patients, provide insulin and EpiPens at steep discounts, and use lower international prices to pay for some Medicare drugs.
Pence in Indianapolis: ‘We have to open up America’s schools’
Vice President Mike Pence, Secretary of Education Betsy Devos and Dr. Deborah Birx, a leader of the White House Coronavirus Task Force, joined Indiana Gov. Eric Holcomb and leaders of Marian University on Friday for a roundtable about how to reopen K-12 schools and and universities.
Unemployment system issues complicate negotiations over $1T stimulus
With days to go before enhanced jobless benefits expire, the White House and Senate Republicans are struggling to design a way to scale back the program without overwhelming state unemployment agencies and imperiling aid to more than 20 million Americans.
U.S. prison populations down 8% amid coronavirus outbreak
A nationwide analysis by The Marshall Project and The Associated Press says Indiana’s prison population dropped 4% from March to June, to 25,876.
Governor’s mask order carries no penalties for non-compliance, reveals end date
Indiana Gov. Eric Holcomb’s executive order, signed Friday, does not include penalties for violations. The state attorney general said this week that the governor does not have legal authority to enforce a mask mandate.
