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State health department reports daily high in COVID-19 testing

June 4, 2020

The department said Thursday that the cumulative death toll in the state rose to 2,052, up from 2,032 the previous day—an increase of 20.

NATE FELTMAN: It’s time to roll up our sleeves and lead

June 4, 2020 | Nate Feltman

Government failed us last weekend. What can you do to help our city, state and nation thrive?

MARK MONTIETH: Gene Keady’s winning retirement

June 4, 2020 | Mark Montieth

Former Purdue basketball coach Gene Keady knows a thing or two about stepping away from the limelight and enjoying life.

Brickyard 400, affiliated races to run without spectators on July 4 weekend

June 4, 2020 | IBJ Staff and Associated Press

Indianapolis Motor Speedway officials said allowing spectators would be too difficult because of possible social distancing restrictions in place for the COVID-19 pandemic.

ROUNDUP: Mac-and-cheese, pizza shops debut

June 4, 2020 | Susan Orr

Also this week: InCycle Strength, Rise ‘n Roll Bakery, Dancing Donuts, WB Pizza, The Mug, City Way Animal Clinics, Pet Wellness Clinics.

Another 1.9M file new unemployment claims, including 23,591 in Indiana

June 4, 2020 | Associated Press and IBJ Staff

The diminishing pace suggests that the job market meltdown that was triggered by the coronavirus may have bottomed out, as more companies call at least some of their former employees back to work.

NBA to present players with plan for season restart

June 4, 2020 | Associated Press

Under the plan, the Indiana Pacers and 21 other teams would temporarily move to the ESPN Wide World Of Sports complex near Orlando in late July and play eight games to determine playoff seeding.

Pacers Oladipo

U.S. Senate passes changes to Paycheck Protection Program

June 3, 2020 | Associated Press

The legislation would give business owners more flexibility to use taxpayer subsidies for other costs and extend the lifespan of the program as the economy continues to struggle through record joblessness and a deep recession.

Proposed Carmel film and music festival could lose city backing

June 3, 2020

The Carmel City Council might force organizers of a proposed film and music festival to find funding elsewhere if they insist on holding it in May 2021.

Ex-UAW president pleads guilty to living high life on dues

June 3, 2020 | Associated Press

Gary Jones acknowledged that he falsified expenses from 2012 to 2017 when he was a regional UAW director. He was promoted to president in 2018 but quit after 17 months as the federal investigation intensified.

Feds finds 196 more COVID-19 deaths in Indiana nursing homes than state reported

June 3, 2020 | Associated Press

Indiana health leaders said they were working Wednesday to determine why a federal report found more coronavirus-related deaths among the state’s nursing home residents than state officials had tallied.

Hamilton County’s early tallies for council, commissioners, treasurer races hold true

June 3, 2020

The top candidates competing for Hamilton County’s three at-large seats retained the positions they held Tuesday evening when counting stopped for the night.

State plans to test all long-term care facility employees for COVID-19

June 3, 2020 | Lindsey Erdody

Nursing homes across the country have been hit particularly hard by COVID-19. In Indiana, 945 of the state’s more than 2,000 deaths have involved residents at the facilities.

Primary election: Dem party chairman loses primary; GOP incumbent on verge of loss; attorney wins GOP primary for Bosma’s seat

June 3, 2020 | Associated Press and IBJ Staff

Check back throughout the night for primary election updates.

Wall Street’s rally rolls on; S&P 500 back within 8% of high

June 3, 2020 | Associated Press

The S&P 500 has surged nearly 40% since late March. The index is back above where it was on Feb. 26, one week after setting its record.

NHRA to resume drag racing in July at Indianapolis with limited fans

June 3, 2020

National Hot Rod Association drag racing plans to resume its season in July with back-to-back events at Lucas Oil Raceway.

Indianapolis police chief calls for special prosecutor to probe shooting death

June 3, 2020 | Associated Press and IBJ Staff

Indianapolis Metropolitan Police Department Chief Randal Taylor on Wednesday said a special prosecutor was needed to oversee a probe of the death of 21-year-old Dreasjon “Sean” Reed, who was fatally shot by police May 6 after a car and foot chase.

Theater chain AMC casts doubt on its ability to survive

June 3, 2020 | Bloomberg News

AMC, the biggest movie theater chain in the U.S. and Europe, is seeking to tame its debt load by asking subordinated bondholders to accept cuts of about 50% from full face value on existing debt.

Stocks soar as investors look past civil unrest to economic high notes

June 3, 2020 | The Washington Post

Wall Street absorbed better-than-expected economic data: Private payrolls shed 2.76 million jobs in May, ADP reported Wednesday. Economists surveyed by Dow Jones had expected a drop of 8.75 million.

Indiana’s neighbor becomes first to tap Federal Reserve for lifeline loan

June 3, 2020 | Bloomberg News

Illinois is planning to borrow $1.2 billion from the central bank for one-year to cope with revenue losses brought on by the economic shutdowns caused by the pandemic and the delay of its annual tax-filing deadline.

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