Italy’s reopening serves as test for Europe’s virus exit
Prime Minister Giuseppe Conte’s government is hammering out an approach that foresees the full return to normal life taking months, according to people directly involved in the talks.
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Liz Biro leaves Indianapolis Star after six years on restaurant beat
In a column, Biro said her final day at the Star was Friday, and she left her job so she could move “back closer” to “her East Coast family.”
COVID-19 infecting, killing black Americans at alarmingly high rate, analysis shows
A Washington Post analysis shows that counties that are majority-black have three times the number of infections and almost six times the number of deaths as counties where white residents are in the majority.
Computer issues at SBA hold up small business rescue loans
An SBA spokeswoman said Tuesday afternoon that there have been more than 275,000 applications received for loans valued at $75 billion since the program launched.
Wall Street rally fizzles as oil prices suddenly plunge
The Dow Jones industrial average closed the day with a 26-point loss after losing an earlier gain of 937 points.
INDOT awards $126.6M in local road funding grants, as construction season starts early
With the ongoing spread of COVID-19 in Indiana, many regular aspects of life have come to a halt, but one normalcy is continuing: road construction.
Indianapolis Symphony Orchestra puts musicians on unpaid furlough, lays off half of staff
The Indianapolis Symphony Orchestra said it has applied for financial relief through the federal Paycheck Protection Program and advised employees to seek unemployment benefits.
Local banks processing relief loans slowed by glitches with federal SBA site
Banks say they’re seeing overwhelming demand for Paycheck Protection Program coronavirus relief loans, and the Small Business Administration’s website is getting bogged down when they attempt to submit loan applications.
Treasury preparing to seek $200B-plus to replenish small biz coronavirus program
The pending request is being designed to backstop a $349 billion small business loan program that was created as part of the $2 trillion coronavirus rescue bill enacted late last month.
Indiana Repertory Theatre sues insurer over rejected claim tied to virus crisis
IRT, the state’s largest not-for-profit professional theater, says its insurer refused to cover a “business interruption” claim tied to the coronavirus crisis.
COVID-19 community relief fund awards additional $4.55M in grants
Combined with a first round of grants made March 24, the Central Indiana COVID-19 Community Economic Relief Fund has distributed more than $11.8 million to 74 organizations in central Indiana to date.
City reaches tentative deal with developer on Broad Ripple Park community, health center
The Indy Parks and Recreation Department would share space in the $20 million center with Community Health Network. But a new wrinkle potentially stands in the way of the project.
Coronavirus cases in Indiana grow to more than 5,500, deaths to 173
The Indiana State Department of Health on Tuesday morning reported a daily high in new COVID-19 cases.
Beyond COVID podcast: Why a 90-day sprint is key to getting your company ready for the economy to restart
In this first episode of IBJ’s Beyond COVID podcast, Matt Neff offers advice for businesses trying to get back on track. And IBJ reporter Lindsey Erdody provides an update about Indiana Gov. Eric Holcomb’s stay-at-home order and, in particular, how the latest iteration affects liquor stores.
Republic Airways applies for federal funding to keep employees working
The pandemic has been incredibly disruptive for the airline industry, and Republic, a regional carrier, is feeling the pain. The health crisis has led to a “rapid erosion” of Republic’s daily flight schedule.
After virus fades, service industries might be changed forever
The pandemic is almost sure to leave a mark on the way people work, shop and socialize, perhaps permanently shifting the way many industries operate.
Businesses wait for word, money after applying for SBA loans
Banking industry officials have said the slowdown in getting funds to customers has mostly been on the SBA’s side, although they said the government was making progress.
City establishes overflow homeless shelters at Garfield, Washington parks
The two temporary shelters, which are intended for healthy residents, have a combined capacity of 85.
Officials say Indiana has enough gowns, masks for 13 days
State officials are urging local manufacturers to help keep supplies up by producing additional protective gear for the state’s hospitals and nursing homes.
Governor tightens retail restrictions, requires liquor stores to switch to takeout
The new executive order, which extends the stay-at-home directive through April 20, includes many of the same provisions as the initial order, which took effect March 25, but it adds new language in an attempt to strengthen the existing guidelines and creates an Enforcement Response Team to ensure businesses are complying.