Offices prep for new logistics when workers return
Most firms have just begun to wrestle with what they—and their workers—will face.
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Restaurants will be anything but cozy when diners return
Restaurateurs say protective measures and uncertainty about the lingering pandemic might chill the influx in revenue the industry is hoping for once restaurants are allowed to resume dine-in service.
Probo Medical is straying from narrow focus to continue rapid growth
The Fishers-based company’s latest acquisition realizes its transition from a niche repair firm for ultrasound components to a multinational imaging-machine supplier.
Office-seekers hit pause after COVID-19 saps economy, spurs rethinking about space
Many employees have traded in-person meetings and conversations for emails and videoconferencing—something many experts say likely will continue long after social distancing requirements are relaxed.
Factories’ new reality: Temperature checks, sanitizing, face masks
From production routines and work schedules to health screenings and visitor policies, Hoosier manufacturers say COVID-19 has forced them to rethink how they operate.
UPDATE: Council approves $25M to make federal paycheck loans available to small businesses
The Indianapolis City-County Council voted unanimously Friday morning to provide Indy Chamber with $25 million that will enable the business-advocacy group to quickly offer forgivable loans to small businesses in Marion County backed by the federal Paycheck Protection Program.
State, city government freeze hiring—but haven’t furloughed employees—as budgets tighten
State and local government budgets are expected to be hit hard as a result of restaurants, retailers and other businesses being closed for weeks.
NCAA moves toward allowing athletes to be paid by sponsors
Recommended rule changes that would clear the way for athletes to earn money from their names, images and likeness are being reviewed by college sports administrators this week before being sent to the NCAA Board of Governors, which meets Monday and Tuesday.
Chicago-area businessman acquires Indiana Beach
By purchasing the 94-year-old attraction, Gene Staples said he is “preventing the loss of another one of America’s icons.”
State, Fairbanks school partner to determine spread of virus in Indiana
Indiana is expected to be one of the first states to perform such a study, Gov. Eric Holcomb said when it was announced during a Thursday press briefing.
Lilly bracing for COVID-19-related headwinds this year
The Indianapolis-based drugmaker, which reported quarterly earnings Thursday, warned it could feel the effects of rising unemployment, a decrease in new prescriptions, and downward pricing pressure from government health care systems.
Black Expo calls off in-person Summer Celebration, Circle City Classic events
Organizers say they are planning to provide some events digitally. Officials said they are particularly concerned about the disproportionate effect the coronavirus is having on African Americans.
Chamber survey finds 80% of respondents suffering revenue loss
The Indiana Chamber of Commerce said it used responses from business leaders to help it make recommendations to the governor for how to reopen the economy.
Area businesses could take $85M blow from Grand Park closure
While the expected economic impact to the region is high, Westfield officials say they don’t expect the closure to have a game-changing impact on the city’s budget.
Purdue student files lawsuit against university over its pandemic response
The complaint is one of several that New York-based law firm Milberg Phillips Grossman LLP has filed on behalf of college students across the country who are now receiving a much different college experience than they expected. The suit is seeking class-action status.
North-siders thwart plans for 86th Street project with court victory over city
A judge has ruled in favor of residents of the Driftwood Hills neighborhood, who claimed the City-County Council overreached in approving zoning for the office, retail and restaurant project near Keystone at the Crossing.
White House, congressional leaders reach $484B aid deal
The $484 billion legislation would increase funding for the Paycheck Protection Program by $310 billion, boost a separate small business emergency grant and loan program, and direct billions to hospitals and a new coronavirus testing program.
Developers plan $13M apartment project on Teamsters local site in Fountain Square
Creating the 66-unit apartment project would entail demolishing the two-story, 30,000-square-foot Teamsters building at 1233 Shelby St.
NCAA saved money in case of a canceled March Madness. Then it spent it.
One month after the pandemic forced the cancellation of the lucrative NCAA men’s basketball tournament, officials at athletic departments and college sports conferences across the country remain puzzled by one question: Why wasn’t the NCAA better prepared for this?
Fuel pump problem forces Subaru to recall more than 200K vehicles
The recall covers certain 2019 Impreza, Outback, Legacy, and Ascent vehicles built from June 26, 2018, through Feb. 25, 2019.