Markets plummet again as coronavirus fears escalate
The losses accelerated after health authorities declared the outbreak a pandemic, and brought the U.S. stock market to the end of one of its greatest-ever runs.
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Carmel veterinarian indicted in high-profile racehorse doping scheme
Gregory Skelton, owner of Skelton Equine Sports Medicine LLC, was charged in a conspiracy that involved creating and giving performance-enhancing drugs to racehorses, leading to the death of at least one high-profile horse.
Losses accelerate on Wall Street as wild swings continue
Stocks fell from the opening of trading in New York, including a 3.7% loss for the S&P 500. The losses deepened as the day progressed, and the Dow Jones industrial average was down more than 1,000 points in the early afternoon.
WISH-TV sues Dish TV over fee negotiations, claims racial discrimination
Indianapolis-based Circle City Broadcasting, which owns WISH-TV Channel 8, this week filed a lawsuit against Dish TV, accusing Dish of racial discrimination as the two sides negotiate over fees that WISH is seeking to be retransmitted on the satellite service.
Emmis takes step toward diversification with $75M acquisition of sound-masking biz
The acquisition appears to be the first big step in Emmis CEO Jeff Smulyan’s goal to reinvent the longtime Indianapolis-based media company by entering new lines of business.
Louie’s Wine Dive closes Mass Ave location
The closure marks Louie’s Wine Dive’s exit from Indianapolis. The company closed its Broad Ripple location in September.
Noblesville caterer rolling out food trolley
Michael and Stacey Spencer launched The Urban Artisan last November in the Veterans of Foreign Wars commercial kitchen. Now they’re expanding the business with an eye-catching conveyance.
State total of COVID-19 cases rises to 10 after 3 test positive in Johnson County
The Indiana State Department of Health on Wednesday said the number of presumptive positive cases for COVID-19 has risen to 10 in the state after the emergence of four more cases.
Indiana hospitals use drills, telehealth to get ready for possible large COVID-19 outbreak
Around Indiana, hospital officials say they have stepped up safety precautions in the wake of the COVID-19 outbreak. But even amid extensive preparation, some acknowledge that if the disease spreads quickly, it could test their facilities.
Coronavirus clusters swell on both sides of United States
Alarming clusters of the coronavirus grew on both coasts of the United States on Tuesday, with more than 70 cases now tied to a biotech conference in Boston and infections turning up at 10 nursing homes in the hard-hit Seattle area.
Local software firm Woven scores $2.5M in seed funding
The venture capital round was led by Indianapolis-based High Alpha Capital with participation from existing investors and Elevate Ventures.
Former downtown payroll firm owner gets six years for defrauding clients
David Downey, 51, who ran Time Payroll from 2009 to 2017, was ordered to pay back nearly $9 million for a scheme that defrauded clients in multiple states.
Biden has another big primary night, captures four more states
Joe Biden’s victory in Michigan’s Democratic presidential primary on Tuesday, as well as in Missouri, Mississippi and Idaho, dealt a serious blow to Bernie Sanders and substantially widened Biden’s path to the nomination.
Scrutiny on NCAA tournament coronavirus plan intensifies as two leagues keep out fans
The Indianapolis-based NCAA faced mounting pressure over how it will conduct its marquee event Tuesday, the same day the Ivy League canceled its conference basketball tournaments and two other Division I conferences announced that their tournaments would be played without spectators.
Bill to expand panhandling definition passes both chambers
The Indiana House and Senate both passed a measure Tuesday night that would make panhandling illegal within 50 feet of any ATM; entrance or exit of a bank, business or restaurant; public monument; or place where any “financial transaction” occurs.
Indiana AG says state agencies can’t use nonbinary marker
Indiana agencies are not allowed to use an “X” gender designation on identification documents for residents who don’t identify as male or female, the state attorney general said.
Indiana lawmakers pass controversial coal bill
The bill comes as large utilities across Indiana have announced plans to shut down thousands of megawatts of coal-fired generating capacity in favor of cheaper fuel sources, such as natural gas, solar and wind.
One of city’s largest law firms closes offices amid coronavirus concerns
No staff members or lawyers at Faegre Drinker Biddle & Reath had tested positive for COVID-19, but a person who attended a firm event in Faegre Drinker’s Washington office had tested positive. Employees are now working remotely.
Fair Finance bankruptcy trustee loses high-stakes jury trial against deep-pocketed lender
The verdict was a huge setback for the 5,200 mom-and-pop Ohio investors who lost more than $200 million in a Ponzi scheme engineered by Indianapolis businessman Tim Durham.
UPDATE: Purdue, IU suspend in-person classes for at least part of spring semester
The decisions were made to help slow the spread of COVID-19, the potentially deadly respiratory disease caused by the coronavirus. Neither school currently has a coronavirus case on campus.