Hogsett plans to spend $76M to help residents, businesses, government agencies affected by virus
The Indianapolis City-County Council is scheduled to meet at 7 p.m. Monday night to consider the proposal.
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Owner iHeart Media switches local station to all-business format
The station, which had been identifying itself as 97.5 Kiss FM since August, is now known as Business News 97.5.
IBJ Podcast: Should the city help pay for damage done to businesses downtown?
Host Mason King talks with Stadium Village Business Association President Erica Wells and Mayor Joe Hogsett’s chief of staff, Thomas Cook, about how the city can help downtown and downtown businesses rebuild after the one-two punch of coronavirus and riots.
Indiana’s fall reopening guidance has schools worried about costs
Among the top and most costly challenges for districts will be restructuring operations to adhere to social-distancing protocols, transporting students, and hiring the additional staff to ramp up cleaning efforts.
Penske: Indy 500 to run in front of fans in August or be moved to October
NBC Sports said Saturday night’s season-opening IndyCar telecast drew nearly 1.3 million viewers, making it the most-watched series race outside the Indianapolis 500 on any network since 2016.
Businesses hurt first by virus, then looting, now sweating insurance
The civil unrest, vandalism and looting comes as business owners continue to cope with the economic impact of the COVID-19 outbreak, which also required them to analyze the fine print of their insurance policies.
Latest jobs report diminishes GOP appetite for more virus aid
With more people than expected returning to the workforce, the enormous sense of urgency that produced the first four federal pandemic aid bills has faded, along with the freewheeling dynamic that inflated the price tags.
Diagnosed COVID-19 cases surpass 37,000 in Indiana
The Indiana State Department of Health on Sunday said the cumulative death toll in the state rose to 2,121, up from 2,110 the previous day—an increase of 11.
Mayor Hogsett has no plans to extend curfew after weekend without violence, vandalism
The curfews were a reaction to violence, looting and vandalism that occurred downtown the previous weekend, following peaceful protests about racial inequality and police actions against African Americans.
Indiana reports another 32 deaths from COVID-19
The Indiana State Department of Health said 12.4% of the nearly 30,000 people in the state who’ve been tested for the coronavirus have been positive.
Indianapolis businesswoman, philanthropist Christel DeHaan dies at 77
DeHaan used the fortune she made in business to establish not-for-profit Christel House International in 1998.
Despite pandemic, Indiana’s RV industry sees demand surge
The coronavirus pandemic has made many consumers cautious of air travel, cruise ships and hotels, and they now see RVs as a safer mode of travel and better vacation alternative.
Trump administration still garnishing wages of student loan borrowers during pandemic
The Trump administration is fighting a class-action lawsuit for continuing to garnish the wages of defaulted borrowers in violation of a federal order.
State contractor OptumServe not meeting test result requirement
Indiana State Health Commissioner Kris Box said during Friday’s press briefing that OptumServe, which is subsidiary of United Health Group, is not providing all test results within a 48-hour window, as the contract requires.
Holcomb allocates $50M in CARES Act funding for workforce programs
Most of the funding will be used to expand Workforce Ready Grants and Employer Training Grants. The state also plans to use some of the funding to scale up career coaching efforts and other workforce development outreach.
Dow jumps 829 points, Nasdaq hits intraday record on surprising jobs report
The S&P 500 jumped another 2.6% after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed.
Indiana budget off by $1.2B for fiscal year with one month to go
Pandemic-related drops in sales and individual income taxes—the state’s top two revenue sources—continue to have the most significant impact on the state budget.
Aria Diagnostics adding 50 employees, space to keep up with test demand
The expansion will allow Indianapolis-based Aria to boost testing-kit assembly from 137,000 to 400,000 per week, the company said.
Brothers to funnel $4.5M into companies stung by pandemic
Sensing an investment opportunity—and a chance to do good—the four Litt brothers have set aside for investment a portion of the $40 million they reaped from the 2019 sale of their transportation-management firm, Reliable Source Logistics.
Pandemic fuels sales surge for bike shops
Bike shops are benefiting as the public thirsts for something that will roll away the lockdown monotony and provide a little exercise.