Stocks rally on better-than-expected economic data
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.
Latest News
Articles
Survey: Top CEOs expect virus business fallout through 2021
Business Roundtable’s CEO Economic Outlook Survey fell to 34.3 in the second quarter, its lowest reading since the same three months of 2009, according to results released Monday.
AMC delays planned movie theater reopenings by two weeks
The company had planned to begin opening theaters in mid-July, but last week the July theatrical release calendar was effectively wiped clean.
Women sue 4 Indianapolis police officers, claiming excessive force
Two women filed the lawsuit after video was released of officers using batons and pepper balls to subdue the women at a protest last month over the death of George Floyd.
Indiana regulators cut Duke Energy’s proposed rate hike by 60%
The Indiana Utility Regulatory Commission ruled Monday that Duke Energy, the state’s largest electricity provider, could collect an additional $146 million a year from customers. That’s down sharply from Duke Energy’s original request.
Tracking coronavirus cases proves difficult amid new surge
Contact tracing—tracking people who test positive and anyone they’ve come in contact with—was challenging even when stay-at-home orders were in place. Now it’s getting even more difficult as states reopen.
Indiana COVID-19 cases rise above 45,000
The Indiana State Department of Health on Monday said 1,166 people from long-term-care facilities have died in the state.
Indiana regulators rule utilities can’t charge consumers for lost revenue during pandemic
Monday’s ruling followed a huge uproar from ratepayers and elected officials, who widely criticized utilities for their request to charge customers for electricity they didn’t use when demand slowed down during health crisis lockdowns.
Money still available for PPP loans, but deadline looms
Indiana lenders had secured a total of $9.5 billion in Paycheck Protection Program loans for their borrowers as of Saturday, according to the Small Business Administration.
Carmel preparing to add 11 roundabouts over next two years
The City of Carmel—already the self-proclaimed “Roundabout Capital of the United States”—on Monday released a list of intersections it plans to convert beginning this summer.
Gilead’s $2,340 price for coronavirus drug draws criticism
Remdesivir’s price has been highly anticipated since it became the first medicine to show benefit in the pandemic, which has killed more than half a million people globally in six months.
IBJ Podcast: Advice for hiring and nurturing a diverse workforce
Attorney Angela Freeman, who has spent six years on the board of Women & Hi Tech, recommends using diverse committees—rather than leaving the job to one individual—for hiring and then assigning new employees, especially minority hires, to mentors who are invested in their success.
Some Indiana schools will reopen without a full-time nurse
The importance of having a medical professional on site has been heightened as districts work through how to reopen schools safely during the ongoing pandemic.
Starbucks latest company to say it will pause social media ads
Several companies say they will halt social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn’t do enough to stop racist and violent content.
Federal Reserve issues details on corporate bond purchases
The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
Pursuit of COVID-19 vaccine should become clearer this summer
People on six continents already are getting jabs in the arm as the race for a COVID-19 vaccine continues, with even bigger studies poised to prove if any shot really works—and maybe offer a reality check.
Pandemic spurring rise in RV sales in northern Indiana
Families are turning to road trips this summer in place of air travel and cruise ships.
Indiana reports increase of 355 COVID-19 cases, 3 more deaths
Worldwide cases of COVID-19 have surpassed 10 million and deaths are nearing a half-million, according to the latest numbers from John Hopkins.
Study: Indiana nurses suffer ‘resource trauma’ when they lack personnel or supplies
Researchers from Purdue University have found that a lack of resources could put nurses’ psychological well-being at risk.
Bar owners worry as virus surges in their workplaces
Bar and restaurant owners across the nation have been deeply hurt financially by anti-virus measures and also are struggling with tough decisions, with some shutting down again after workers became infected or closing as a precaution because of rising cases in their areas.