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Last month’s actual job loss was likely even larger because the government surveyed employers before the heaviest layoffs hit in the past two weeks. The unemployment rate jumped from a 50-year low of 3.5%.
The construction industry is exempt from Gov. Eric Holcomb’s orders that non-essential businesses close and Hoosiers stay home.
The funding—secured before the coronavirus hit the U.S.—will be used to fuel growth across all segments of the company, said Lessonly CEO Max Yoder.
Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare.
Even as Hotel Tango puts its employees to work making hand sanitizer, the company is advancing its plans to open a restaurant and tavern in Zionsville this summer.
Indianapolis Contemporary—known as the Indianapolis Museum of Contemporary Art up until 11 months ago—announced Thursday that it was calling it quits after an internal review “determined it was not economically feasible to continue operations.”
The Surge Academy, designed by the Chicago-based not-for-profit Surge Institute, got its start in Kansas City last year. Its entry into Indianapolis is being made possible through a partnership with The Mind Trust.
Both types of locations are considered serious in a pandemic, because the virus can spread quickly in confined spaces. In addition, elderly people in nursing homes or prisons with underlying medical conditions are considered especially vulnerable if they are infected.
About eight in 10 taxpayers who have signed up for direct deposit payments for their past tax refunds are expected to receive the money within two weeks. Others could be waiting months.
Indiana Department of Workforce Development Commissioner Fred Payne said Thursday that 146,243 initial unemployment claims were filed last week as the coronavirus pandemic continued to sideline employers.
Schools had previously been closed through May 1 because of the coronavirus pandemic.
The Lilly Endowment has long shown a deep commitment to this city and state, but rarely has it been on display in such a resounding way as during the COVID-19 crisis.
Oil surged more than 30% immediately after President Donald Trump said he expects Saudi Arabia and Russia to back away from their price war.
The crisis helps us focus on the most important things in our lives: family, community and gratitude.
The Lebanon-based company engineers, fabricates and manufactures ultraviolet lights that penetrate and destroy bacteria, viruses and other harmful microbes. The company, along with others in its field, are seeing record demand.
Local landlords say they’re willing to offer relief to some of their retail tenants who’ve been hit hard by coronavirus-related closures—but the amount of relief, if any, varies depending on circumstances.
The Indiana State Department reported Thursday that 16,285 people have been tested so far, up from 14,375 in Wednesday’s report.
The figure for last week is much higher than the previous record of 3.3 million reported for the previous week.
First responders in Carmel, Noblesville, Zionsville, Whitestown and other municipalities will be tested weekly by Aria Diagnostics.
The government’s emergency stockpile of respirator masks, gloves and other supplies is almost exhausted, leaving the Trump administration and states to compete for equipment in a marketplace rife with price-gouging, according to Homeland Security officials.
