China becomes first economy to grow since start of pandemic
China, where the coronavirus pandemic began in December, was the first economy to shut down and the first to start the drawn-out process of recovery in March.
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Biden, Gates, other Twitter accounts hacked in Bitcoin scam
The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk.
Kroger, Kohl’s join Walmart on growing list of retailers to require face coverings
The National Retail Federation, the nation’s largest retail trade group, on Wednesday said it is “encouraging all retailers to adopt a nationwide policy that requires customers to wear face coverings or masks to protect the health and well-being of customers, associates and partners during the coronavirus pandemic.”
Hospital officials, experts say new federal rules for COVID-19 reporting will add burdens
The new rules took effect Wednesday and will determine the allocation starting next week of critical supplies from the federal government, including protective gear and remdesivir.
Volunteers to paint Black lives matter street mural Aug. 1
The mural will be painted between the Madame Walker Legacy Theater and the Indianapolis Urban League in the Indiana Avenue Cultural District, which was historically a Black business, entertainment and population center.
Hogsett: Delays likely for Pan Am Plaza hotel, convention center project
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
Governor delays entry into Stage 5 of recovery plan by another two weeks
The state will remain in Stage 4.5 of the Back on Track Indiana plan at least through the end of July, he said, instead of jumping into Stage 5 on July 18 as scheduled.
Elanco gets U.S. regulatory approval for $7.6B Bayer acquisition
Shares in Elanco rose 2.8% Wednesday morning after the approval was announced, to $24.13 each.
Trump looks to scale back environmental reviews for projects
The controversial changes to the National Environmental Policy Act are expected to make it easier to build highways, pipelines, chemical plants and other projects.
State reports 700 new COVID-19 cases, 10 more deaths
The Indiana State Department of Health said 9.1% of those being tested for the COVID-19 virus in Indiana during the pandemic have tested positive.
Walmart to require all U.S. customers to wear masks
Walmart’s decision to mandate masks follows similar moves by Costco, Starbucks and Best Buy.
U.S. industrial production surged 5.4% in June
The June performance was better than the forecasts of most economists and reflected the reopening of many parts of the U.S. economy after lockdowns in the spring.
City extends street closures for Dine Out Indy initiative through Labor Day
The city of Indianapolis on Wednesday announced it was extending closures of segments of Broad Ripple Avenue, Massachusetts Avenue and Georgia Street.
Wayne Township delays school reopening until Aug. 12
The Indianapolis district, which enrolls about 17,000 students, will give families the option to enroll children full time in person or to sign up for virtual education.
First COVID-19 vaccine tested in U.S. poised for final examination
The first COVID-19 vaccine tested in the United States revved up people’s immune systems just the way scientists had hoped, researchers reported Tuesday.
Biden unveils $2 trillion climate plan with energy revamp
The proposal doesn’t include specifics on how the ambitious plan would be paid for. Senior campaign officials said it would require a mix of tax increases on corporations and the wealthy, and deficit spending aimed at stimulating the economy.
Central Indiana existing-home sales rebounded strongly in June
The median home price in the 16-county area has hit all-time highs in four straight months.
Wall Street rebounds after another yo-yo day of trading
The market’s latest moves came as earnings reporting season kicked off. Like the broader market, financial stocks drifted between gains and losses for much of the day before turning higher in the afternoon.
Trump administration rescinds pandemic rule on foreign students
Facing eight federal lawsuits and opposition from hundreds of universities, the administration called off a rule that would have required international students to transfer or leave the country if their schools held classes entirely online because of the pandemic.
White House signals openness to unemployment compromise as deadline looms
Senior Trump administration officials have begun signaling their willingness to approve a narrow extension of the enhanced unemployment benefits helping tens of millions of jobless Americans hurt by the coronavirus pandemic.