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House Dems near passage of $3T relief bill despite Trump’s veto threat

May 15, 2020 | The Washington Post

The sweeping legislation, dubbed the “Heroes Act,” also faces opposition within the House Democratic caucus, with some moderate lawmakers objecting to voting on a bill that they all know will not become law.

State reports uptick in new COVID-19 cases, another 42 deaths

May 15, 2020 | IBJ Staff

The Indiana State Department of Health reported that 165,448 people have been tested so far, up from 160,239 in Thursday’s report—an increase of 5,209.

Industrial production plunged unprecedented 11.2% in April

May 15, 2020 | Associated Press

American industry was running at 64.9% of capacity last month, shattering the previous record low set in the Great Recession year 2009.

Area homebuilders saw applications rise in April despite pandemic limitations

May 15, 2020 | IBJ Staff

Applications for home construction permits rose 5% in the Indianapolis area in April, marking the ninth monthly increase in the past 10 months on a year-over-year basis.

U.S. retail sales plunged record 16% in April amid shutdowns

May 15, 2020 | Associated Press

A long-standing migration of consumers toward online purchases is accelerating, with that segment posting a 8.4% monthly gain.

Scale co-founder launches AI-based software firm to help streamline business management

May 15, 2020 | Anthony Schoettle

Executive coach Peter Fuller developed an artificial intelligence-driven platform that lets business leaders know how effectively they’re leading their firm and whether their company is headed in the right direction.

Last Indianapolis Bravo! restaurant closes permanently

May 15, 2020 | Susan Orr

The northwest-side location, in the Willow Lake East shopping center, was Bravo!’s last remaining Indianapolis location. Its parent company, Florida-based FoodFirst, filed for bankruptcy protection last month.

Gym owners sweating over whether patrons will return

May 15, 2020 | Kurt Christian

The fitness industry faces lingering uncertainty about the health risks of the traditional gym, with its shared treadmills and sweaty saunas, as well as the ongoing disruption to a business model that values routine and repetition above all else.

Broad Ripple sports bar calls it quits after 30 years in business

May 15, 2020 | IBJ Staff

Nicole Harlan-Oprisu, who co-owns Old Pro’s Table and several local restaurants, previously told IBJ that business has been difficult during the pandemic.

Trump administration eases rules limiting truck driver hours

May 15, 2020

The Federal Motor Carrier Safety Administration said the new rules will save trucking companies more than $2.8 billion over 10 years.

Taiwan company to build $12B semiconductor factory in United States

May 15, 2020 | Associated Press

A Taiwan-based maker of silicon chips plans to build an advanced semiconductor factory that will create more than 1,600 high-tech jobs, officials announced Thursday.

Auto workers’ tenuous return a ray of hope in jobs crisis

May 15, 2020 | Associated Press

About 133,000 U.S. workers will be pouring back into auto assembly plants that will open in the coming week.

Attorney general: Indianapolis’ limit on religious services is unconstitutional

May 14, 2020 | Samm Quinn

Hill said places of worship are considered essential businesses, and churches, synagogues and other places of worship must be treated the same as non-religious entities.

New data show eight negative things, one hopeful one about economy

May 14, 2020

As the coronavirus crisis drags on and the timeline for a vaccine remains uncertain, U.S. households and small businesses are rapidly running out of money, according to new federal data released Thursday.

Survey: Oil, mining, manufacturing businesses had best luck with pandemic loans

May 14, 2020 | Associated Press

Utilities fared the worst of all sectors, with less than a quarter of small businesses in that sector getting loans, according to the survey.

Trump: Virus shows supply chains should be moved from China

May 14, 2020 | Associated Press

President Donald Trump says the coronavirus pandemic highlights the importance of U.S. manufacturing and moving supply chains out of China, as he blamed that country anew for not doing enough to slow the pandemic.

Gaming Commission set to vote on Terre Haute casino license

May 14, 2020 | Lindsey Erdody

After delays, the Indiana Gaming Commission is poised to consider awarding a casino license to a subsidiary of Spectacle Entertainment, now that two former executives of Centaur Gaming have divested their interests in the project.

Confirmed COVID-19 cases in Indiana top 26,000, deaths exceed 1,500

May 14, 2020 | IBJ Staff

The state on Thursday reported that 160,239 people have been tested so far, up from 154,083 in Wednesday’s report—an increase of 6,156.

MIKE LOPRESTI: Let’s watch these again—but with new endings

May 14, 2020 | Mike Lopresti

Our college and pro teams would like do-overs of some of their most heart-breaking defeats.

URBAN DESIGN: Crisis provides an opportunity to reconsider our shared spaces

May 14, 2020 | Tom Gallagher

It’s time to try new things, like turning over some of the public right-of-way for restaurant seating.

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