Federal Reserve rolls out $2.3T plan to buttress cities, businesses
The Fed said Thursday that it is activating a Main Street Business Lending Program authorized by the CARES Act, the largest economic relief package ever passed by Congress.
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Scandinavian Designs furniture chain set to enter market
The California-based company has 38 stores in 10 states. Its planned Indianapolis location, at a former Toys “R” Us store near Castleton Square Mall, will be its first in the state.
Indiana reports slowdown in emerging COVID-19 cases for second straight day
The Indiana State Department of Health on Thursday morning said the death toll in the state has risen to 245, up from 203 reported the previous day.
Record 16.8 million have sought U.S. jobless aid since virus outbreak
In Indiana, 133,639 people filed unemployment claims in the week ended April 4, down from 139,174 the previous week, and way up from 75,522 the week before that.
County privacy policies on COVID-19 cases creating tensions over transparency
Counties say they fear HIPAA fines if they provide granular information on COVID-19 cases, but a journalism expert says the free flow of information is needed to help the public understand the level of threat.
Carryout just isn’t cutting it for many local restaurants
Some local restaurants trying to stay afloat without dine-in service report sales have plunged by two-thirds or more, raising questions about how much longer they’ll be able to survive.
After Indiana teachers fought for better pay, coronavirus could mean cutbacks instead
The most pressing education issue in Indiana has quickly shifted from increasing teacher salaries to mitigating how much progress students will lose with school buildings shut down through the end of the academic year.
Rural Indiana virus worry: ‘What more could I have done?’
Decatur County and two other counties in southeast Indiana have among the highest per-capita infection rates in the country, topping the Seattle area and some counties near hard-hit Detroit.
Nursing home residents account for 15% of Indiana’s COVID-19 deaths
The state health department laid out new orders Wednesday in an effort to protect elderly and confined Hoosiers from contracting the disease, Meanwhile, Carmel Mayor Jim Brainard is coordinating testing for nursing home residents in his city.
Marion County creating overflow morgue in case of COVID-19 surge
The morgue will support hospitals and long-term care facilities that could see a significant increase in deaths caused by COVID-19.
Flow of venture capital for Indiana tech firms slows dramatically
The drop in capital investments in the first quarter likely is an indication of investor caution in the face of the coronavirus crisis.
Asbury Automotive furloughs 215 employees at local car dealerships
Asbury, which has eight Indianapolis-area dealerships, said it’s furloughing 2,300 employees across its 10-state operating footprint due to a sharp drop-off in sales and service revenue.
Sanders to drop 2020 bid, leaving Biden as likely nominee
Sanders planned to talk to his supporters later Wednesday.
New $2.6M fund to aid schools shifting to long-term e-learning
The fund will support the immediate needs of schools and students with limited access to technology and long-term e-learning solutions, including the launch of an e-learning lab that will be open to all schools statewide.
Former Purdue President Steven Beering dies at 87
| Associated Press and IBJ Staff
Under Beering’s 18-year-tenure, Purdue University grew its liberal arts programs, promoted diversity and added 20 major buildings. Enrollment of international students grew threefold to become the largest at any public university.
500 Festival reschedules events to coincide with new Indy 500 date
As Indy 500 officials motor ahead with plans to stage the race on Aug. 23, the organizers of many of the accompanying events—including the IPL 500 Festival Parade—have solidified new dates as well.
Carmel firm expedites personal-care training
Senior1Care, operating on an emergency order, is training students in Noblesville and Mishawaka to care for nursing home residents.