State COVID-19 cases rise by 304, deaths by 15
Marion County on Wednesday reported an increase of 20 cases and four deaths.
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City reopens Illinois Street to vehicles following pandemic-related closure
The other street closures—to Massachusetts Avenue, Broad Ripple Avenue and Georgia Street—will remain in effect through July 4, the city said.
Simon Property calls off $3.6B deal to acquire rival Taubman Centers
Simon shares fell nearly 6% in early trading Wednesday, to $81.71 each. Taubman shares plummeted nearly 30% after the announcement, to $31.94 each.
High Alpha startup Canopy scores $2 million in seed funding
Canopy, founded late last year under the name Loupe, makes and markets software that uses artificial intelligence to gather sales and product usage data.
Apple plans to announce move to its own Mac chips
This will be the first time in the 36-year history of the Mac that Apple-designed processors will power these machines. It has changed chips only two other times.
Movie theaters, closed for months, preparing for July reopenings
After three months of near total blackout of cinemas nationwide, movie theaters are preparing to reopen—even if it means only a few titles on the marquee and showings limited to as little as 25% capacity.
Safety-net health providers get $25B to help keep their doors open
The Department of Health and Human Services said safety-net hospitals in Indiana serving the most vulnerable citizens would receive more than $167 million.
Analysis: Here’s where SBA’s coronavirus disaster loans have gone
A state-by-state Washington Post analysis of SBA spending found drastic variation in loan receipts, highlighting how the current effort to bolster the economy with federal funds could contribute to stark inequalities in how wealth is distributed across the United States.
Indiana schools to have flexibility when reopening, McCormick says
The reentry plan provided by the state is broad and non-mandatory, meaning it will be up to school districts to decide whether students and faculty would have to undergo health screenings, wear masks and adhere to social distancing best practices.
Insurance telemarketers face fines of $225M for billion robocalls
State attorneys general of Indiana, Arkansas, Michigan, Missouri, North Carolina, Ohio and Texas sued the two men and their Houston-based companies for violating the federal law governing telemarketing.
Butler University appoints interim dean for business school
Fomer Dean Steve Sandifird in March accepted a new job as Peoria, Illinois-based Bradley University’s president. His contract there begins next week.
As many as 25,000 U.S. stores may close in 2020, mostly in malls
The number would shatter the record set in 2019, when more than 9,800 stores closed their doors for good, according to a report from retail and tech data firm Coresight Research.
The great diamond glut: Miners stuck with gems worth billions
The pandemic has devastated the diamond world. Jewelry stores closed their doors, India’s cutting and polishing artisans were forced to stay home and De Beers had to cancel its March sale because buyers couldn’t travel to view the merchandise.
Indiana reports increase of 410 coronavirus cases, 23 more deaths
The Indiana State Department of Health on Tuesday said 315,390 people have been tested so far, up from 309,503 in Monday’s report—an increase of 5,887.
ACLU calls on Hogsett to reduce funding for police in Indianapolis
Taking a cue from the “Defund the Police” movement, the American Civil Liberties Union of Indiana is calling on Mayor Joe Hogsett to “reimagine” the role of police in Indianapolis and shift funding away from law enforcement into community-based initiatives.
Chicago loses massive trade show to coronavirus pandemic
More than 129,000 people had signed up to attend the International Manufacturing Technology Show, making it the largest convention scheduled for the city this year.
Union 525 investors plan 160-unit downtown apartment project, parking garage
The investor group behind Union 525 is proposing another expansion to the tech incubator’s downtown Indianapolis corporate campus, this time with plans to construct a nine-story apartment building and a 700-space parking garage on an nearby lot.
Westfield council denies Shamrock Apartments proposal as last-minute agenda item
An $18 million apartment-and-retail project proposed near U.S. 31 and Main Street was turned down Monday night after Westfield City Council members debated whether a petition for the project should even be considered.
Indy Council passes resolution declaring racism a public health crisis
The council on Monday night also approved the mayor’s plan to to immediately deploy nearly half of the $168 million it has received in federal coronavirus relief funds to help residents and businesses that have been affected by the pandemic.
Democrats pledge to transform law enforcement through Justice in Policing Act
The act would ban chokeholds, establish a national database to track police misconduct, prohibit some no-knock warrants and enact other initiatives. The bill contains several provisions that would make it easier to hold officers accountable for misconduct in civil and criminal court.