Economists say recession official, ending nearly 11 years of growth
It’s possible that the recession could technically end soon, making it the shortest and deepest on record.
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As business trickles back, hotels compete on cleanliness
Hotels see cleaning standards as a way to soothe jittery guests—and possibly win back business from rivals like home-sharing companies like Airbnb.
Anthem pledges $50M for racial injustice, health inequities programs
Indianapolis-based health insurer Anthem Inc. and its charitable foundation said the investments will reinforce long-standing partnerships with national and community organizations “that are working tirelessly to combat systemic racial inequality and health inequities.”
Indianapolis-based Hurco suffers largest quarterly loss since 2002
The Indianapolis-based machine tool manufacturer said shutdowns related to the COVID-19 pandemic had a dramatic effect on its sales.
State sees steep drop in reported cases; nursing home deaths top 1,000
According to new numbers released Monday by the Indiana State Department of Health, 1,011 deaths—or 47.4% of the state’s total—involved long-term-care patients.
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.
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.