Senate reaches deal to extend Paycheck Protection Program
Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.
Latest News
Articles
Fauci: United States could reach 100,000 new cases a day
Dr. Anthony Fauci said areas seeing recent outbreaks are putting the entire nation at risk. He cited recent video footage of people socializing in crowds, often without masks, and otherwise ignoring safety guidelines.
Stocks close out best quarter since 1998 with more gains
The whiplash that ripped through markets in the second quarter came as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
New public-private task force to tackle downtown problems
Organizers on Tuesday announced the formal launch of a business and community task force that will try to address issues facing downtown Indianapolis stemming from the pandemic and social unrest.
Indianapolis Indians forced to call off season for first time in 120 years
The triple-A Minor League Baseball team is sure to take a financial hit from the decision, but franchise President Randy Lewandowski said the Indians are “in a good financial position to weather this storm.”
Federal judge blocks state panhandling law from taking effect
A federal judge has issued a ruling against a new state law that would have effectively banned panhandling in downtown Indianapolis starting Wednesday, calling it unconstitutional.
Summer carnival to occupy Indiana State Fairgrounds for five weeks
The Indiana State Fair has been called off this year, but the fairgrounds will still feature dozens of rides and vendors selling fair food this summer.
Supreme Court lifts ban on state aid to religious schooling
The Supreme Court on Tuesday made it easier for religious schools to obtain public funds, upholding a scholarship program that allows state tax credits for private schooling.
Massive business park on 550 acres lands Love’s as first tenant
As envisioned by developer Ambrose Property Group, Westpoint Business Park eventually will include as many as nine logistics buildings totaling more than 6 million square feet of space.
Indiana COVID-19 cases increase by 366, deaths by 16
Indiana has seen rising coronavirus case numbers over the past seven days compared with the previous week.
Children’s Museum, art museum to reopen to general public
The Children’s Museum said it is projecting a loss of $4 million to $7 million in 2020 because of the three-month health crisis closure.
Apartments on downtown’s east side to help tenants with developmental disabilities
The $11 million five-story project, called The Passage, would include support services and amenities to help tenants with disabilities get jobs and learn to live independently.
Visit Indy spending $50K on digital ads to entice visitors
The tourism group’s new “You Have Earned It” campaign focuses on Indiana residents and relies heavily on Facebook and Google advertising platforms.
High Alpha first tenant to begin moving into Bottleworks District space
High Alpha began moving out of its Circle Tower headquarters, 55 Monument Circle, last week after more than five years in the historic downtown building.
New campaign aims to raise awareness, support for local Black businesses
The campaign, which launches Wednesday, has two goals: Supporting local Black-owned businesses and helping other companies do a better job of supporting the Black community.
High Alpha portfolio company in hiring mode after raising $2M
Pattern89, which uses an artificial intelligence-driven platform to help customers improve results from paid social media programs, has raised a total of $7.5 million in venture and growth capital since its launch.
Prologis planning $50M warehouse development in Zionsville
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
Billions of dollars in aid for small businesses go unclaimed
Business owners and advocacy groups complain that the money in the Paycheck Protection Program has not fully put to work because the program created obstacles that stopped countless small businesses from applying.
Fed’s program for loaning to Main Street off to slow start
Fed officials say more than 200 banks have signed up to participate since the program began two weeks ago, but that’s a small slice of the nation’s roughly 5,000 lenders. None have made any loans yet.
Two Indiana counties, more states requiring mask wearing
Amid an alarming resurgence of coronavirus cases in places nationwide, more people are being required to wear masks in public.