U.S. consumer spending sinks by record 13.6% in face of virus
Last month’s spending decline was far worse than the revised 6.9% drop in March, which itself had set a previous record for the steepest one-month fall in records dating to 1959.
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New institute may distribute $4M to manufacturers adopting smart technologies
The grants would lower barriers that manufacturers face when they try to digitize their operations by incorporating 3D printing, wireless infrastructure, energy resilience equipment, industrial internet-of-things sensors, cybersecurity and other smart technologies.
Union-connected PAC spends thousands to defeat candidate who represents non-union contractors
Believe in Indiana, a political action committee connected to the Indiana State Building & Construction Trades Council, has spent more than $51,000 to run TV commercials that criticize JR Gaylor, CEO of the Associated Builders and Contractors of Indiana and Kentucky, who is running against Scott Baldwin in the Senate District 20 primary.
Clerk warns that thousands of mail-in ballots might not be counted; voters can still go to polls
Marion County Clerk Myra Eldridge told state officials “it is not too late” to extend the deadline for receipt of mailed ballots. She implored the Indiana Election Commission to act.
Holcomb’s plan for $61M in coronavirus relief involves technology
Indiana Gov. Eric Holcomb’s application to the U.S. Department of Education provides a look at how he will spend federal education money that was set aside for state leaders to distribute how they choose.
Six ways Indianapolis Public Schools will be different when buildings reopen
With the next school year rapidly approaching, the state’s largest district is planning for the challenges it must tackle for staff and students to return safely for in-person instruction.
As restaurants reopen, here’s what diners should know about air flow and the coronavirus
How the virus is transmitted might be more important in restaurants than in many other venues because people linger there far longer.
Trump says $77.5M in federal funds earmarked for ‘game-changing’ local transit project
That amount would pay for half of the proposed IndyGo Purple Line project, a 15.2-mile route from Indianapolis to Lawrence with an estimated budget of $155 million.
Salesforce cuts revenue, profit forecasts as cloud-app demand weakens
The company leads the market for sales-tracking software, but growth rates have slowed over time.
Trump escalates war on Twitter, social media protections
President Donald Trump on Thursday signed an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet.
U.S. House approves changes to business virus aid subsidy program
The new measure gives business owners 24 weeks to spend the federal aid—instead of eight as originally designed—and extends the program through the end of the year while also lengthening the the maturity date and deferral period of the loans.
Democrats accuse OSHA of not protecting front-line workers
Democrats are accusing the Trump administration for failing to protect front-line workers, including those at meatpacking plants and health care facilities where outbreaks of the disease are spiking.
Target, Walmart outbox department stores in reshaped world
The pandemic is dividing the industry into potential winners and losers, with Wall Street looking more favorably at e-commerce retailers and companies with well-established online sales.
City seeks new uses for remaining BlueIndy assets
The city will issue a request for information next month that will solicit “cost-effective, placed based uses” for the below ground infrastructure and footprint of existing BlueIndy stations.
Hamilton County’s relief fund issues more than $700K to 105 businesses
The relief funds will go to businesses that cut back their operations due to the COVID-19 pandemic and related shutdown.
State reports rise in new COVID-19 cases, deaths, testing
The Indiana State Department of Health on Thursday said 242,287 people have been tested so far, up from 235,333 in Wednesday’s report—an increase of 6,954.
Crowded Hamilton County primary might be split by longstanding factions
Key endorsements in this year’s crowded Hamilton County primary election might bring chronic tensions between the board of commissioners and county council to a boiling point.
BBQ joint, Books & Brews site join long list of area restaurants to call it quits during pandemic
While numerous Indianapolis-area restaurants are looking forward to reopening their dining rooms this week, many others are no longer around to get the chance.
U.S. economy shrank at 5% annual rate in first quarter
It was the biggest quarterly decline in more than a decade, since an 8.4% fall in the fourth quarter of 2008 during the depths of the financial crisis.
Innovation Issue 2020
Design thinking: A powerful tool for all companies Innovation in action Changing health care The 2020 Innovation Issue It’s time to think of yourself as a designer. That might be the last way you’d describe yourself in your professional life. But “design thinking”—the name for a particular way of coming up with products and services […]