U.S. unemployment claims jump to 965,000 as virus takes toll
In Indiana, 18,812 people filed initial unemployment claims in the week ended Jan. 9, up from an adjusted number of 14,796 the previous week.
In Indiana, 18,812 people filed initial unemployment claims in the week ended Jan. 9, up from an adjusted number of 14,796 the previous week.
These news notes appeared in Real Estate Weekly on Jan. 12, 2020:
The Westfield City Council heard presentations Monday night for a 60-acre mixed-used development, a 9.5-acre residential project and a neighborhood expansion. It also approved a new assistance program for first responders and veterans.
Hosting the entire 68-team NCAA men’s basketball tournament is likely to be a landmark event for Indianapolis and another boon for the city’s hospitality efforts, industry observers say.
The latest layoffs have been heavily concentrated in the industries that have suffered most because they involve face-to-face contact: Restaurants, bars and hotels, theaters, sports arenas and concert halls.
Carl Fisher joined with other businessmen to create the Indianapolis Motor Speedway in 1909.
The herculean effort over the next 2-1/2 months will involve city and state officials, tourism and civic leaders, and likely thousands of volunteers.
Throngs of protesters pushed past police who were trying to block them from entering the U.S. Capitol as Congress inside debated the certification of the presidential election.
Some protocols are already set, including requirements for travel to Marion County and how teams will manage their operations throughout the tournament.
The S&P 500, which ended 2020 at an all-time high, slid 1.5% after earlier dropping as much as 2.5%. It was the benchmark index’s biggest decline since late October.
The organization said it is “closely monitoring” the pandemic and will continue evaluating the feasibility of some fan attendance at some of the games.
Managing Editor Lesley Weidenbener has been elevated to the top spot in the newsroom, while Editor Greg Andrews transitions to a role focusing on investigative reporting for IBJ while continuing to write a column.
Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic.
The pandemic created winners and losers in the business world in 2020. Here’s a look at those that benefitted from the health crisis and those that faltered.
A $70 million mixed-use proposal—later withdrawn—by Buckingham Cos. for property at 719 Indiana Ave. owned by the Walker Center met significant opposition.
INCog BioPharma Services has purchased 16 acres of undeveloped land in Fishers for its planned new biopharmaceutical manufacturing facility. The $60 million project has grown in size.
This New Year’s Eve is being celebrated like no other, with pandemic restrictions limiting crowds and many people bidding farewell to a year they’d prefer to forget.
The Tribute and Aloft hotels—both of which were announced before the pandemic began—are among the few downtown lodging projects that are continuing to make progress.
The virus already has cost the region hundreds of millions of dollars, tens of thousands of jobs and more than 1,800 lives. Those losses are all but certain to grow as the calendar turns to 2021, amid an international effort to roll out an effective vaccine.
A center for entrepreneurship, a full-service hotel in the airport and an Indiana research triangle are among the ideas submitted by readers.