Next federal virus aid package could easily swell past $1 trillion
With the pandemic showing no signs of easing, officials acknowledge the daunting challenge of trying to contain the coronavirus and prevent further economic distress.
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Zoo cancels Zoobilation fundraising event set for August
The zoo told volunteers on Tuesday that the decision was made to “support the health and safety of our community.”
Indy 500 to run with crowds at 25% of capacity
Officials said that ticket sales for the Aug. 23 race will not be permitted after Friday, which could further limit the number of people who attend the 104th running of the Indy 500.
Indiana reports 20 more COVID-19 deaths, 734 new cases
The state on Tuesday reported an additional 20 deaths, the biggest single-day increase since June 27, when it reported a rise of 21.
Lilly seeking $23.8M tax break to expand diabetes research, production
In the past seven years, the drugmaker has received tax breaks worth nearly $40 million in exchange for investing more than $500 million at its Indianapolis properties.
Penrod Arts Fair canceled due to coronavirus concerns
The annual festival, which for more than 50 years has served as the unofficial kickoff of the fall arts season in Indianapolis, typically attracts more than 20,000 attendees and hundreds of artists and performers.
Fishers opening 33-acre AgriPark to the public starting next week
Described by city officials as the largest park in the country dedicated to a working farm, the 33-acre Fishers AgriPark at 11171 Florida Road is designed to offer an agricultural experience and educational opportunities about food production.
Developer streamlines plans for mixed-use project on Speedway’s main drag
The $6 million project is expected to feature retail space on the first floor—already fully pre-leased—along with apartments on the second floor and condominiums on the third.
Palmer Trucks plans $17M expansion, 220 new jobs in Indianapolis
Plans call for the 55-year-old truck dealer to add a new dealership and training center on the east side of Indianapolis and expand its existing operations on the west side.
Fishers council approves $16M financing plan for Geist Waterfront Park’s first phase
The lone council member to vote against the plan questioned whether now is an appropriate time to commit more money to a “nice-to-have” project.
Fishers issues mask mandate that begins Friday
Fishers joins Marion, Elkhart, LaGrange, Monroe and St. Joseph counties, plus the cities of Evansville and West Lafayette, as locations in Indiana with mask mandates.
NFL agrees to eliminate preseason, reaches deal with union on coronavirus testing
The league’s concessions on the preseason and daily testing of players increased the likelihood that all teams’ camps will open fully by July 28 as scheduled.
David’s Tea closes Fashion Mall store, exits U.S. market
The struggling Canada-based retail chain is closing all 42 of its stores in the United States as it restructures its finances.
Tech drives stocks to new heights on Wall Street after choppy start
The rally, which gained strength in the final hour of trading, nudged the benchmark S&P 500 index to a slight gain for the year and drove the Nasdaq composite to an all-time high.
Talks begin on new federal coronavirus relief package
President Donald Trump said discussions were going well as the administration and congressional Republicans aim to form a unified front before launching contentious talks with Democrats on the last major relief bill before the November election.
Nordic study suggests open schools did not measurably affect spread of virus
It’s not the first time researchers have raised questions about the merits of shutting schools during the pandemic. A French study last month found that schoolchildren don’t appear to transmit COVID-19 to peers or teachers.
Lumina Foundation to devote $15M to dismantling systemic racism
The Indianapolis-based grant maker intends about 25% of the money to help organizations and initiatives in Indiana over three years. Half a million dollars already has been committed to the Central Indiana Racial Equity Fund.
Subaru pressing ahead with plans for $158M expansion in Lafayette
The automaker, which announced its expansion plans just weeks before COVID-19 began disrupting the economy, says the project won’t be affected by the pandemic.
Indiana reports increase of 635 COVID-19 cases, 3 more deaths
The state has seen an increase of 5,169 cases over the past week, an average of 738 per day. That’s a significant increase over the previous week.
Oxford coronavirus vaccine safe and promising, according to Phase 1 results
The Oxford candidate is one of 23 vaccines now being tested in human trials, according to a running tally kept by the World Health Organization. More than 130 others are in preclinical trials.