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Stocks were led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak.
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FDA authorizes widespread use of unproven drugs to treat coronavirus
The Food and Drug Administration has given emergency approval to a plan to distribute millions of doses of anti-malarial drugs to hospitals across the country, saying it is worth the risk of trying unproven treatments to slow the progression of the disease in seriously ill coronavirus patients.
UPDATE: State working to double ICU beds, ventilators, as 5,300 health care workers volunteer
| John Russell and IBJ Staff
The state said more than 5,300 health care workers who are not currently working in hospital settings have volunteered to help during the projected coronavirus surge, which is expected to begin in mid April.
Other cities scramble to erect field hospitals, but Indy remains mum
IUPUI said Monday it is cleaning and sanitizing University Tower to house health care workers, but no plans have been announced locally for temporary field hospitals.
City, Indy Chamber aim to raise $10M for rapid-loan fund for small businesses
Nearly $3 million has already been committed to the fund, including $1 million from Indianapolis-based Anthem Inc. and $1.5 million from the city of Indianapolis.
WISH-TV signs news-broadcasting agreement with South Bend station
WHME-TV Channel 46 plans to broadcast 60 hours of live WISH news starting April 6, WISH owner Circle City Broadcasting announced.
GM says it’s moving as fast as possible to make ventilators in Indiana
Experts on managing factory production say GM is making an extraordinary effort for a company that normally isn’t in the business of producing ventilators.
Coronavirus cases rise to 1,786 in state, 804 in Marion County
The Indiana State Department of Health has reported 805 new cases in the state over the past three days.
IBJ Podcast: Sahm’s—one restaurant company’s story about the impact of coronavirus
Sahm’s Restaurant Group has retooled its operations to benefit the not-for-profit Second Helpings and to create a series of marketplaces, where customers can get takeout meals as well as grocery items.
Visit Indy to cut employee hours amid forced events lull
The tourism bureau’s 62 employees will see their work weeks cut to four days through at least April.
Witham Health Services sued over pediatrician convicted of child molestation
The lawsuit, brought on behalf of one of the victims of Dr. Jonathon Cavins, says a 2004 sexual battery case against him should have been a red flag.
Instacart workers seek strike as jobs get busier, riskier
A group called the Gig Workers Collective is calling for a nationwide walk-out Monday. They’ve been asking Instacart to provide workers with hazard pay and protective gear, among other demands.
Trump adds 30 days to distancing guidelines as virus spreads
President Donald Trump is extending the voluntary national shutdown for a month as sickness and death from the coronavirus pandemic rise in the United States.
Penske shares thoughts on having to postpone Indy 500
In a wide-ranging interview, Roger Penske insisted his commitment remains steadfast to the Indianapolis Motor Speedway and the IndyCar Series as the world waits for the pandemic to end.
Indiana parents rethinking child care options amid pandemic
State guidelines issued Friday outlined what daycares should do to maximum health and safety during the COVID-19 public health crisis.
Coronavirus cases rise to 1,514 in state, 676 in Marion County
The Indiana State Department of Health has reported 533 new cases over the past two days.
An Indianapolis man on losing his partner to COVID-19: ‘From normal life to this hell in a week’
Tony Sizemore, 62, of Indianapolis, shares the story of the death of his partner, Birdie Shelton, the first person to die of the COVID-19 virus in Indiana.
Coronavirus cases rise to 1,232 in state, 584 in Marion County
The department reported that 8,407 people have been tested so far, up from 6,936 people in the previous day’s report.
Abbott launching 5-minute COVID-19 test for use almost anywhere
The Chicago-based medical-device maker plans to supply 50,000 tests a day starting April 1.