Major airlines line up to split $25 billion in federal payroll aid
Indianapolis-based Republic Airways told The Wall Street Journal that it was still in discussions with the Treasury.
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Preparing for budget crunch, conferences ask NCAA for relief
Five major football conference commissioners have asked the Indianapolis-based NCAA to relax some requirements to compete in Division I for four years.
UPDATE: New Trump panel to explore path to reopening U.S. economy
The group will operate separately from the White House task force that’s leading the administration’s public health strategy to contain and mitigate the pandemic, although there is expected to be some overlap.
Indianapolis International Airport to receive $52 million from CARES Act
Following a significant downturn in airport activity across the country, the airport industry pleaded with Congress to include $10 billion in emergency funding for airports in the latest relief package.
Stocks surge amid signs of coronavirus outbreak easing
Equities extended gains after a report that President Donald Trump will make some “important announcements” in the next few days regarding state guidelines on reopening the economy.
Nursing homes can relocate patients to contain COVID-19, state orders
Nursing homes are now permitted to relocate or discharge residents to reduce the risk of COVID-19, even if families or local officials object, according to an order issued Tuesday by Indiana State Health Commissioner Kristina Box.
State reports 291 more COVID-19 cases, 37 more deaths
The Indiana State Department of Health on Tuesday reported 141 deaths in Marion County, up from 123 in Monday’s report.
Chicago-style pizza chain Lou Malnati’s adding Broad Ripple, Carmel sites
Beloved in the Chicagoland area, the deep-dish chain confirmed to IBJ in March that it planned to enter the central Indiana market with several locations.
Advocates warn stimulus checks could be garnished by creditors
While the federal government won’t seize stimulus checks being deposited into Americans’ bank accounts this week for owed debts, private debt collectors might, consumer advocates are warning.
Indiana gets $19.5M settlement over Equifax data breach
Indiana was one of only two states that did not participate in a multistate settlement in July 2019 that distributed $175 million in total to 48 states.
Indy-based Knowledge Services acquires Fishers building for new HQ
The company, which provides workforce management services, said it is investing $15.1 million overall to acquire and renovate the 165,000-square-foot building, where it will move 130 employees.
Proposed $15.3M affordable housing complex seeks tax break from city
The 159-unit apartment development would be located on a six-acre site along the White River, south of 16th Street. The proposed tax abatement from the city of Indianapolis would save the developers about $1.4 million.
Indiana Democratic Convention to be held virtually
Indiana Democratic Party Chairman John Zody announced Tuesday that avoiding a traditional in-person convention was “the safest way” to conduct the event.
Beyond COVID podcast: Indy Chamber is trying to help companies stay on their feet through the shutdown
Indy Chamber CEO Michael Huber talks about the programs, what kinds of companies need them most and how the experiences have changed the way he’s thinking about his organization and what its mission will be going forward.
City-County Council allocates $1.1 million to absentee-voting initiative
Mailing absentee ballot applications to Marion County’s nearly 650,000 registered voters is expected to cost $550,000 for the primary. The council also allocated $550,000 for the fall, in case social distancing is still being encouraged at that time.
Unpaid bills put free internet offers out-of-reach for some local families
While providers such as Spectrum, AT&T, and Comcast have touted free internet offers to bridge technological divides, some families across the country still can’t afford service, which can come with strings attached.
Virus closes major meat plants, raising fears of shortages
The meat supply chain is especially vulnerable since processing is increasingly done at massive plants that butcher tens of thousands of animals daily, so the closure of even a few big ones can quickly be felt by customers.
Government loans start flowing to small businesses
The Small Business Administration reported Monday that more than 959,000 applications had been approved for over $232 billion from the Paycheck Protection loan program.
Airlines wait as Treasury applies strings to pandemic payroll aid
The U.S. Treasury Department and leading airlines continued negotiating Monday over terms of relief payments, with the Treasury sticking to a proposal that could give the government an ownership stake in the nation’s leading carriers.