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State unemployment rate soared to 16.9% in April amid coronavirus crisis

May 22, 2020 | IBJ Staff

The staggering increase in Indiana’s jobless rate—which now is higher than the national rate—was due primarily to the loss of 380,500 workers in the private sector over the previous month.

Former Mayor Bart Peterson resigns as CEO of Christel House International

May 22, 2020 | John Russell

Christel House, which operates K-12 charter schools in high-poverty areas, did not provide a reason for Peterson’s departure. He took the job in October 2018, succeeding founder Christel DeHaan.

Here are five contested legislative primaries to watch

May 22, 2020 | Lindsey Erdody

With 125 Indiana Statehouse races on ballots across the state this year, only 10 seats don’t have incumbents seeking re-election.

Carmel software firm creates new system for companies to listen to customers

May 22, 2020 | Anthony Schoettle

AuthentiCx has already landed some big, national customers and recently raised $800,000 in pre-seed funding to accelerate growth.

More evidence emerges on why COVID-19 is so much worse than the flu

May 22, 2020 | The Washington Post

Researchers who examined the lungs of patients killed by COVID-19 found evidence that it attacks the lining of blood vessels there, a critical difference from the lungs of people who died of the flu, according to the New England Journal of Medicine.

Eased orders mean DNR campgrounds, inns reopen Friday

May 22, 2020 | Associated Press

All of Indiana’s state-operated inns, campgrounds and cabins and will reopen in time for the Memorial Day weekend as coronavirus restrictions are eased across much of Indiana, state officials said.

As nation reopens, a historic assessment of risk begins

May 22, 2020 | Associated Press analysis

As the federal government, states and individuals start to design their own “Is it worth it?” calculus, Americans are subjectively measuring the stakes and unavoidably helping to frame a national referendum on risk.

About half of Castleton Square’s stores now open, with safety protocols

May 22, 2020 | Mickey Shuey

The mall shopping experience is far different than it was before the pandemic began in March—and it’s likely to stay that way for a while.

Ambrose asks city to allow industrial uses on Waterside property

May 21, 2020 | Mickey Shuey

The development firm, which is in a legal dispute with the city over the property’s future, said the request followed “frequent requests for industrial space closer to downtown” by prospective buyers and tenants.

City moving forward with plans to close streets for dining, despite Mass Ave merchant concerns

May 21, 2020 | Samm Quinn

Altogether, more than 50 restaurants across the city have submitted applications to expand outdoor dining, including four on Broad Ripple Avenue and five on Illinois Street.

Lawsuit renews question about attorney general’s suspension

May 21, 2020 | Marilyn Odendahl / The Indiana Lawyer

Four Marion County residents have filed a lawsuit in state court, challenging Indiana Attorney General Curtis Hill’s ability to remain in office after having his law license suspended beginning May 18.

Purdue faces second student lawsuit seeking refunds due to COVID-19

May 21, 2020 | Dave Stafford / The Indiana Lawyer

The case mirrors claims made in a suit the same attorneys filed last month against Indiana University in Monroe Circuit Court.

Patachou restaurants sue insurer over COVID-19 claim denials

May 21, 2020 | Susan Orr

Patachou, which operates 12 restaurants in Indianapolis and Carmel, is among a growing number of local companies that have sued their insurers for claim denials related to COVID-19 business losses.

Victoria’s Secret to close 23% of its North American stores

May 21, 2020 | Associated Press and Bloomberg News

Victoria’s Secret said it would close 251 stores in North America by the end of this year after parent L Brands Inc. suffered a fiscal first-quarter loss of $296.9 million.

State reports rise in COVID-19 cases as testing hits another high mark

May 21, 2020 | IBJ Staff

The state on Thursday said 202,995 people have been tested for the virus so far, up from 195,738 in Wednesday’s report—an increase of 7,257. That’s the first time daily testing has exceeded 7,000.

Massive $55M logistics project in works in Johnson County

May 21, 2020 | IBJ Staff

The Whiteland Town Council has scheduled a special meeting to consider a tax abatement related to the proposed development of 997,000-square-foot logistics building on 121 acres near Interstate 65.

INDY BEACONS: Recognizing Indy’s pandemic heroes—nurses

May 21, 2020 | Richard Gunderman / Special to IBJ

A shortage of nurses hit the city hard during the flu pandemic of 1918-1920.

Indy restaurants try to prepare for outdoor-only dining

May 21, 2020 | Susan Orr

They are working through a multitude of logistical details as they prepare to reopen for dine-in service for the first time in more than two months. They’ll be limited to outdoor seating until July 4.

Another 2.4M file unemployment claims, including 30,311 in Indiana

May 21, 2020 | Associated Press

Roughly 38.6 million people have now filed for jobless aid nationally since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.

New High Alpha company aims to launch 100 startups in next five years

May 21, 2020 | Anthony Schoettle

Indianapolis-based venture studio High Alpha on Thursday announced the launch of High Alpha Innovation, a business founded to help companies create and grow startup firms. The new firm has already snagged several big-name customers.

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