Wall Street climbs as recovery hopes overshadow virus worries
Stocks surged on Wall Street in morning trading Tuesday, driving the S&P 500 to its highest level in nearly three months.
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Indiana passes 32,000 mark for COVID-19 cases
The Indiana State Department of Health said Tuesday that the cumulative death toll in the state rose to 1,850, up from 1,832 the previous day—an increase of 18.
Apartments for low-income families and formerly homeless planned on east side
Englewood Community Development Corp. has partnered with Living Word Baptist Church to redevelop a parcel directly across from the church into a 15-unit apartment community.
KAR raises $550M to help it emerge from pandemic shutdown
KAR Auction shares rose more than 9% Tuesday morning after the company announced the investment by London-based Apax Partners, a global private equity advisory firm, with participation by New York City-based Periphas Capital L.P.
Wabash College promotes dean to president’s post
Scott Feller will become Wabash’s 17th president since the Crawfordsville-based men’s college was founded in 1832.
Cancer treatment firm plans to open Indianapolis plant, hire 113
The company is one of many across the globe in a mad rush to develop radioligand therapies for cancer treatment—a field that’s expected to see explosive growth.
IBJ Podcast: ‘When can we be with Grandma and Grandpa?’ and other COVID questions families are asking
Two public health experts field questions vexing families with children, including topics such as grandparents, youth sports, preschools, masks, eating out and taking safe vacations.
Meat industry trying to get back to normal, but workers still getting sick
The prospect of long-term shortages is giving rise to an intensifying debate about whether the industry should reopen faster or safety should be prioritized, even at the cost of the nation’s food supply.
Owners should flush pipes in buildings left vacant during pandemic, experts say
The Indiana State Department of Health and the Department of Environmental Management have both issued guidance on properly flushing water systems as retail businesses reopen following closures
Illinois governor issues rules as state prepares for reopening
Gov. J.B. Pritzker’s stay-at-home order, issued in mid-March due to the COVID-19 pandemic, is expected to be eased May 29 for all of Illinois except Chicago, which is following its own timeline.
State’s daily update reports decline in COVID-19 cases, deaths
Daily testing for COVID-19 in Indiana has topped 5,000 tests for 12 straight days and in 18 of the last 21 days.
Some Indiana environmental groups suffering during pandemic
Without spring events that usually attract members and donors, some of Indiana’s environmental organizations are struggling to stay afloat.
State reports 475 more COVID-19 cases, 12 additional deaths
The Indiana State Department of Health on Sunday said 220,801 people have been tested so far, up from 214,933 in Saturday’s report—an increase of 5,868.
Forced to adapt, businesses rethink how they make money
For many companies, it’s a matter of survival, but for others, the changes have been a silver lining amidst the crisis.
Indiana reports another 492 COVID-19 cases, 21 more deaths
Marion County on Saturday reported 9,040 cumulative cases—up from 8,928 the previous day, an increase of 112 cases.
Michigan governor extends stay-at-home order through June 12
Michigan—with one of the country’s most expansive lockdowns—had 22.7% unemployment in April, which the U.S. Bureau of Labor Statistics reported Friday was second highest behind only Nevada.
THE LATEST: PPE Marketplace hits 20,000-bundle mark; BMV to begin charging penalty fees again; no movie theaters, playgrounds in Stage 3
Get the latest news on the coronavirus and COVID-19 in this ongoing series of updates available outside IBJ’s paywall.
Homeowners stopped paying mortgages in record numbers in April
Record unemployment caused by the coronavirus pandemic led to the largest one-month increase in mortgage delinquencies ever recorded.
Trump deems churches ‘essential,’ calls for them to reopen
President Donald Trump on Friday called on governors across the country to allow them to reopen this weekend, even as some parts of the nation remain under coronavirus lockdown.
Donor organization to recover transplant organs at its own facility
The Indiana Donor Network Organ and Tissue Recovery Center has re-tasked two operating rooms and an intensive care unit to recover major organs, such as the kidneys, heart and lungs.
