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Ex-leader of IPS teachers union sentenced to prison for embezzlement

May 18, 2020 | Dylan Peers McCoy, Chalkbeat Indiana

Rhondalyn Cornett, 55, was also ordered to pay more than $154,000 in restitution to the Indianapolis Education Association and will serve two years of probation.

With masks and testing, Notre Dame plans to reopen in August

May 18, 2020

University of Notre Dame officials announced Monday the school’s campus will reopen to students on Aug. 10, with social distancing, a mask requirement, testing and contact tracing to prevent the spread of the coronavirus.

City considers major street closures to expand outdoor dining

May 18, 2020 | Samm Quinn

Marion County’s reopening plan allows restaurants to open at 50% capacity on Friday—but only if diners eat outside.

Holcomb preparing to tweak reopening plan; details to come Wednesday

May 18, 2020 | Lindsey Erdody

Stage 3 of the governor’s roadmap, scheduled to start Sunday, is set to increase the social gathering limit from 25 people to 100, allow retailers to go from operating at 50% capacity to 75% capacity, let fitness centers reopen and allow movie theaters to open at 50% capacity.

‘Triple whammy’ of good news powers Dow more than 900 points

May 18, 2020 | The Washington Post

The Dow Jones industrial average surged nearly 700 points at the opening bell, then kept going, after Moderna announced that an early-stage human trial for its coronavirus vaccine successfully produced COVID-19 antibodies in participants.

Indiana Supreme Court declines to say whether Holcomb can appoint AG replacement

May 18, 2020 | Lindsey Erdody

Gov. Eric Holcomb, a Republican, asked the court last week to clarify whether Attorney General Curtis Hill would lose his elected position as state government’s top lawyer when his 30-day suspension took effect Monday.

IU Health says Methodist Hospital overhaul still on track, even as other projects falter nationally

May 18, 2020 | John Russell

The design of the long-anticipated project was originally set to be unveiled by the end of 2018, but has been delayed several times—most recently this spring, as the pandemic began to sweep across the United States.

Footlite Musicals launches $30K campaign to maintain theater while stage is dark

May 18, 2020 | Mason King

The all-volunteer group says it needs $30,000 to cover expenses before it’s back up and running in September, when it will stage the ABBA jukebox musical “Mamma Mia!”

BOHANON & CUROTT: Entrepreneurs are best equipped to pull us out of this mess

May 18, 2020 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

Epic levels of unemployment and declines in GDP take time to repair, even if we get good news such as better remedies or an effective vaccine. There are at least two reasons why.

IBJ, staff win 12 awards in SPJ contest, including first place honors for AI coverage

May 18, 2020 | IBJ Staff

The Indiana Lawyer, which is also published by IBJ Media, won six awards, including first place honors in six categories.

MHG Hotels sues insurer for claim denial as pandemic-related losses climb

May 18, 2020 | Mickey Shuey

A local hotelier expects to lose more than $20 million from declines in travel tied to the coronavirus pandemic, according to a lawsuit filed against its insurer earlier this month.

Downtown steakhouse joins list of restaurants permanently closing

May 18, 2020 | Mason King

The Facebook page for the upscale restaurant lists the location as “permanently closed.” It has been removed from the company’s online list of restaurants, and its local phone number no longer works.

Indiana reports another 477 COVID-19 cases as testing hits new high

May 18, 2020 | IBJ Staff

The Indiana State Department of Health said Monday that the cumulative death toll in the state rose to 1,621, up from 1,607 the previous day—an increase of 14.

Moderna virus vaccine showing encouraging early results

May 18, 2020 | The Washington Post

The data released Monday by Moderna is positive, but represents only a first step in a long process to bring a vaccine to market.

Hospitals, health care sector reel from COVID-19 damage

May 18, 2020 | Associated Press

Health care provided the biggest drag on the U.S. economy in the first quarter. Spending on care fell at an annual rate of 18%, the largest drop for that sector among records going back to 1959.

Italian steel firm to build $15M North American HQ in Indiana, hire 100

May 18, 2020

INOX Market Service announced Monday that it expects to open the 139,800-square-foot facility in Delaware County in the spring of 2021.

IBJ Podcast: Holcomb campaign faces peril of managing COVID crisis in public spotlight

May 18, 2020 | IBJ Staff

On one hand, Holcomb has the opportunity to show voters how he can handle a dire crisis. On the other hand, if he miscalculates how quickly the state should reopen, it’ll be in front of millions of voters with a deep, vested interest.

As families head back to work, a $15M fund aims to make child care safer

May 18, 2020 | Stephanie Wang, Chalkbeat Indiana

The state had encouraged daycares to stay open through the spring shutdown. Still, about one-third of providers across Indiana temporarily closed.

Reports show nursing-home chain violated patient care, infection control standards

May 17, 2020 | The Washington Post

Over the past six weeks, as the nationwide death toll among the elderly soared, government inspectors discovered breakdowns in infection control and prevention in at least 10 Life Care nursing homes that underwent COVID-19 emergency inspections.

Federal Reserve chief: Recovery might begin by summer, will likely be slow

May 17, 2020 | Associated Press

Federal Reserve Chair Jerome Powell suggested that a full recovery won’t likely be possible before the arrival of a vaccine for COVID-19.

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