Chicago-area businessman acquires Indiana Beach
By purchasing the 94-year-old attraction, Gene Staples said he is “preventing the loss of another one of America’s icons.”
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Democratic gubernatorial candidate tested for COVID-19
Woody Myers, a former state health commissioner and Anthem Inc. executive, said he thinks the state needs to ramp up testing significantly before considering re-opening the economy.
State, Fairbanks school partner to determine spread of virus in Indiana
Indiana is expected to be one of the first states to perform such a study, Gov. Eric Holcomb said when it was announced during a Thursday press briefing.
Government puts pressure on public companies to return loans
The Small Business Administration issued an advisory Thursday clearly aimed at companies like restaurant chains Ruths’ Chris Steak House and Potbelly that received loans under the Paycheck Protection Program.
Fishers mayor proposes city-level health department, free COVID-19 testing for residents
The Fishers City Council will convene an emergency meeting Friday to potentially create a city health department and spend $2 million to offer free and widespread COVID-19 testing for residents.
Lilly bracing for COVID-19-related headwinds this year
The Indianapolis-based drugmaker, which reported quarterly earnings Thursday, warned it could feel the effects of rising unemployment, a decrease in new prescriptions, and downward pricing pressure from government health care systems.
Marion County opening community testing site for vulnerable populations
The county health department will perform the tests on high-risk and symptomatic community members and those working on the front lines, especially in the food industry.
Black Expo calls off in-person Summer Celebration, Circle City Classic events
Organizers say they are planning to provide some events digitally. Officials said they are particularly concerned about the disproportionate effect the coronavirus is having on African Americans.
Allegion sees quarterly profit tumble due to COVID-19-related costs
The security-products maker, whose North American headquarters are in Carmel, exceeded analyst expectations despite a $96.3 million impairment charge because of COVID-19-related uncertainty.
State reports highest number of COVID-19 cases since Friday
The Indiana State Department of Health said Thursday that the cumulative death toll in the state rose to 706, up from 661 the previous day—an increase of 45.
Chamber survey finds 80% of respondents suffering revenue loss
The Indiana Chamber of Commerce said it used responses from business leaders to help it make recommendations to the governor for how to reopen the economy.
INDY BEACONS: Ernie Pyle, America’s greatest war correspondent
The Indiana native and Indy 500 lover captured World War II in a way that connected with Americans.
GREG MORRIS: Gleaners Food Bank responds to COVID-19
The crisis is speeding up the need for transformational change that was already underway.
Legal battles loom as businesses hit by virus sue insurers
What’s at stake could be the survival of thousands of businesses if insurers don’t pay and the insolvency of big-name insurance companies if they do.
COVID-19 pushes small retailers toward e-commerce
Pedcor Cos. is promoting an e-commerce web site for its Carmel City Center retail tenants, some of whom had sold little or no merchandise online until COVID-19 came along.
Another 75,483 Hoosiers file initial unemployment claims
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
Lilly’s profit surges as COVID-19 spurs patients to load up on prescriptions
The Indianapolis drugmaker said worldwide volume growth in the first quarter was boosted by “increased customer buying patterns and patient prescription trends” stemming from the pandemic.
Mysterious blood-clotting complication killing coronavirus patients
Increasingly, doctors are reporting bizarre, unsettling cases that don’t seem to follow any of the textbooks they’ve trained on. The concern is so acute some doctor groups have raised the controversial possibility of giving preventive blood thinners to everyone with COVID-19.
Area businesses could take $85M blow from Grand Park closure
While the expected economic impact to the region is high, Westfield officials say they don’t expect the closure to have a game-changing impact on the city’s budget.
Purdue student files lawsuit against university over its pandemic response
The complaint is one of several that New York-based law firm Milberg Phillips Grossman LLP has filed on behalf of college students across the country who are now receiving a much different college experience than they expected. The suit is seeking class-action status.
