Claims fell nationally, but the U.S. Labor Department’s report Thursday marked the 20th straight week that at least 1 million people have sought jobless aid.
The operators of the Pavilion at Pan Am Plaza event center are considering building a $15 million venue in downtown Indianapolis to replace the one Kite Realty Group plans to turn into rubble as part of its massive redevelopment of the plaza.
As the coronavirus continues to transform a vast swath of the economy, it’s becoming evident that millions of Americans face the prospect of a permanent job loss that will force some to seek work with new industries or in new occupations.
The race had been postponed from its usual Memorial Day weekend date to Aug. 23, before announcements that the track would limit seating to 50% and then later 25%—with masks required—and now with no fans at all.
The project still faces hurdles—including that Kite must line up financing. But we’re pleased that such a splashy project with so much potential upside is off the drawing board and on its way toward becoming reality.
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.
More than 1.4 million laid-off Americans applied for unemployment benefits last week, marking the 19th straight week that more than 1 million people have applied for unemployment benefits.
A meeting between top White House officials and Democratic leaders ended with no agreement on extending emergency unemployment benefits that expire on Friday, or on reviving a moratorium on evictions that lapsed last week.
The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.
The White House and Senate Republican plan calls for around $1 trillion in new spending, while the House Democrats have coalesced around a $3 trillion plan they passed in May.
Senate Republicans want to reduce the $600 extra payment to $200 until states can implement a new approach that would pay the unemployed 70% of the income they collected before they lost their jobs.
The companies say that they can’t rehire many people because they can’t fully reopen properties. But their decisions to withhold the money from payroll have left employees to rely on government unemployment checks.
The loss in convention business due to COVID-19 is starving downtown restaurants of customers. And without great restaurants, Indy isn’t as attractive as a convention destination.
Our city has an issue, but there is a way to start working on a solution. Regarding Greg Morris’ recent column [City must address panhandling to ensure downtown’s survival, July 10], the increase in panhandling downtown can be directly linked to the loss of a vital resource, The Reuben Engagement Center, a 30-bed facility at […]
Firms that specialize in making conferences, fundraisers and other events memorable and financially successful must pivot on a dime to stay relevant in the coronavirus era.
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Visit Indy said about $75,000 of the $1 million budgeted for the “You’ve Earned It” advertising campaign has so far been spent, generating about $400,000 in visitor spending.
