NCAA board supports name, image, likeness compensation
The Indianapolis-based NCAA is moving forward with a plan to allow college athletes to earn money for endorsements and a host of other activities involving personal appearances and social media.
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U.S. economy shrank at 4.8% rate last quarter as virus struck
It was the sharpest fall since the economy shrank at an 8.4% annual rate in the fourth quarter of 2008 in the depths of the Great Recession.
Quarantined actors, empty seats, fever checks might be part of return to live performances
Even as a few states began reopening some businesses this week, it remains unclear how long it will be before health experts declare it safe to cram ticket-buyers into sweaty arenas, concert halls or even performances of Shakespeare in the park.
Indiana-based public firm Escalade returns pandemic rescue loan
The sporting and recreational equipment manufacturer said it repaid its loan to comply with a rule change in the Paycheck Protection Program.
Fat Atom Marketing’s demise hastened by lean pandemic budgets
Carmel-based Fat Atom Marketing has gone out of business, citing the health crisis as the final straw. Marketing industry experts predict there will be a big increase in the number of firms forced to close due to the impact of the coronavirus.
As earnings season reaches full swing, uncertainty is certain
Companies are being affected in different ways during the pandemic, but if there’s a common theme, it’s that the situation was bad in the first quarter, and it’s going to get worse.
Easing lockdowns about to make day-to-day choices more complicated
With states lifting their coronavirus restrictions piecemeal and according to their own, often arbitrary, timetables, Americans are facing a bewildering multitude of decisions about what they should and should not do to protect their health, their livelihoods and their neighbors.
Pandemic hobbles drugmakers in recruiting for new studies
The Covid-19 pandemic is hampering research across the pharmaceutical industry, including at Indianapolis-based Eli Lilly and Co.
Trump signs order keeping meat processing plants open
The order will use the Defense Production Act to classify meat processing as critical infrastructure to keep production plants open.
UPDATE: State enlists private contractor to boost COVID-19 testing dramatically
The Indiana State Department of Health on Tuesday announced it has reached an agreement with a subsidiary of United Health Group to open 20 testing sites around the state in the next week and 50 sites by mid-May.
Simon poised to reopen Indiana malls on Saturday
The 49 Simon Property Group shopping centers that CNBC says are slated to reopen by Monday represent about one-quarter of the company’s U.S. properties.
Coast Guard, Ripley Entertainment criticized in fatal boat crash
The National Transportation Safety Board released the findings of its investigation into the July 2018 tragedy that killed nine members of an Indianapolis family.
Multimillion-dollar verdict for Herff Jones survives challenge from rival Jostens
The Alabama Supreme Court has upheld a trial court’s decision in favor of Indianapolis-based Herff Jones in a lawsuit that accused Jostens of stealing trade secrets.
COVID-19 death toll in Indiana passes 900
The Indiana State Department of Health on Tuesday reported that 87,181 people have been tested so far, up from 84,476 in Monday’s report—an increase of 2,705 tests.
Developer planning 37 single-family homes on near-north side
Indianapolis-based BWI LLC plans to spend $10 million to create the one- and two-story homes, which low- to moderate-income residents could rent to own.
Some businesses won’t return PPP funds despite pressure from Trump administration
Facing criticism, several public companies quickly announced plans to return the money. Others say they need the funds and have no plans to return them.
Companies seek to limit legal liability for virus infections
At issue is how to balance protecting businesses from lawsuits that could lead to financial ruin, while also enabling justice for customers and workers who might not have the option of leaving their jobs for something safer.
Southwest posts first quarterly loss in almost a decade
The airline said trip cancellations have pulled back from a peak in March but remain at levels that Southwest has never seen, as customers scrap plans to travel during the coronavirus pandemic.
Cummins’ stock jumps after quarterly results exceed expectations
The Indiana-based engine manufacturer warned that the second quarter will be much more difficult, with production and demand largely sidelined by the pandemic.
Beyond COVID podcast: Leaders are created in crisis. You can be one of them.
Nancy Koehn—a historian, Harvard Business School professor and author—talked with host Lesley Weidenbener about how business owners and managers can use this pandemic to develop the skills that will lead their organizations out of the COVID crisis and on to better things.
