Restaurants in ‘survival mode’ trim down their menu offerings
Offering less variety on their menus helps restaurants get by with fewer workers in the kitchen and makes replenishing food inventory simpler and cheaper.
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Shake Shack gets funding, to return paycheck protection loan
The company was able to get extra funding late last week through an “equity transaction” and decided to “immediately return” the $10 million paycheck protection loan it obtained through the CARES Act.
Local TV station to broadcast Indianapolis Public Schools lessons daily
The owner of WISH-TV Channel 8 and WNDY-TV Channel 23 on Monday announced an agreement with Indianapolis Public Schools to produce and broadcast academic lessons to students in kindergarten through eighth grade.
IBJ Podcast: How buying and selling homes has changed in the COVID era
Homes are still selling in central Indiana, even as public officials ask us to severely limit personal contact and any non-essential travel outside the home. How? Agents, buyers and sellers quickly adapted to the new state of affairs.
Across America, masks are the latest political, cultural divide
Even as governors, mayors and the federal government urge or require Americans to wear masks in stores, transit systems and other public spaces to contain the spread of the novel coronavirus, the nation is divided about whether to comply.
Shake Shack, Potbelly among chains tapping small-biz funds
A review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts.
Trump says he’s close to deal with Congress on more small business aid
The Trump administration and Congress are nearing an agreement on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
1,400-acre solar farm proposed in northwestern Indiana
The Lake County Council voted 6-1 to support a zoning change that would allow construction of the estimated $200 million project in a rural area, about 20 miles south of Gary.
While other colleges struggle, for-profit schools hope for revival
Any upswing would be an improvement for the industry, which reached its peak enrollment in 2010 before going on to lose half of its students by 2017.
Head of grocery group talks virus impact, shopping habits
Geoff Freeman, the CEO of the Consumer Brands Association, discusses a range of issues including the current status of supplies, protections for workers and customers’ shift away from organic food to packaged items like mac and cheese.
State reports increase in COVID-19 cases as testing hits high mark
The increase in reported tests was the largest seen in a daily state health department report since the beginning of the pandemic.
Gamers may have a cure for distressed American shopping malls
With store vacancies at an eight-year high, retail landlords see the potential of gamers someday pouring out of their basements and into their shopping meccas as a kind of lifeline.
Hundreds of protesters demand Holcomb reopen economy
Indiana has been under a stay-at-home order since March 25, and on Friday Holcomb said he plans to issue a new executive order on Monday that extends the directive until May 1.
Anonymous donors pay water and sewer bills for Fortville residents
Town Manager Joe Renner said some residents had bills as high as $100. He said the total donation was more than $210,000.
Indiana reports fewer new COVID-19 cases after 3 days of increases
The Indiana State Department of Health on Saturday said that the cumulative death toll in the state rose to 545, up from 519 the previous day—an increase of 26 deaths.
Indiana banks OK $7.5 billion in Paycheck Protection loans
The banks approved 35,990 individual loans for companies and organizations in Indiana before the program ran out of money.
Most Hoosiers with COVID-19 never go to the hospital
Health officials examined about 8,000 coronavirus cases in Indiana and found about one-third visited an emergency room and about a quarter were hospitalized.
Dow climbs 705 points; S&P 500 has second straight week of gains
The Dow Jones industrial average soared 3% on Friday and other market indexes showed solid gains as investors latched onto hope about progress in the fight against the coronavirus and a restart of the economy.
UPDATE: Governor plans to extend stay-at-home order until May 1
Indiana has been under a stay-at-home order since March 25. The first order covered a two-week period and was extended another two weeks with a more restrictive order on April 6.
Local TV stations’ ratings rise, but advertisers flee
The very thing that is driving the increase—the coronavirus outbreak—is also preventing stations from cashing in on those ratings increases.