Corporate America puts $2 trillion in bank in run-up to election
Reluctance to put money to work took hold when the pandemic struck and has shown few signs of easing.
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Q&A with Tichina Clark, who turned lessons from prison into a business
In November 2019, Tichina Clark officially launched her business, which sells homemade soups, salads and desserts packaged in mason jars.
Twitter pulls back on key policy after New York Post article controversy
Twitter was wrong to block web links to a political story, CEO Jack Dorsey said on Friday, as the company responded to criticism over its handling of an article that led to cries of censorship.
Fed’s Bullard says U.S. could see rapid decline in unemployment
Federal Reserve Bank of St. Louis President James Bullard the U.S. labor market is likely to bounce back quickly when more temporarily furloughed workers return to jobs and the coronavirus pandemic comes under control.
UPDATE: Colts say COVID tests were false positives; Sunday’s game remains on schedule
The update came several hours after the Colts initially announced that “several individuals within our organization” had tested positive for the virus.
Indiana reports more than 2,000 new COVID-19 cases
The state also reported 22 additional deaths from COVID-19, the ninth time in the past 11 days in which deaths have been in double digits.
Doctors search for treatments for COVID-19 ‘long-haulers’ with few guides
A British team recently estimated that as many as 10 percent of the people who contract the disease suffer prolonged symptoms. The CDC estimates that 35 percent of people who get mild versions had not returned to their pre-disease state of health two to three weeks later.
Study finds remdesivir, 3 other drugs have little to no effect on COVID-19
The results of the global trial are in sharp contrast to a large study in the United States, which found remdesivir shortened the time to recovery by about five days on average.
U.S. retail sales grow for 5th straight month; industrial production falls
Much of last month’s growth came from clothing stores, where sales rose 11%. At auto dealerships and parts shops, sales were up 3.6%.
Holcomb maintains significant cash advantage in governor’s race
Republican Gov. Eric Holcomb nearly quadrupled his Democratic opponent in fundraising during the third quarter, according to campaign finance figures released Thursday afternoon.
Somerset Cloud gets name change, new majority owner
The company founded as Somerset Cloud last year has a new name, majority owner and an even higher growth curve than originally projected.
Hale raises more money than Spartz in third quarter in 5th District battle
Indiana 5th Congressional District Democratic candidate Christina Hale raised more than $600,000 more than her Republican opponent during the third quarter, according to campaign finance reports released Thursday.
New corporate pledges strive to give equity efforts staying power
The Indy Racial Equity Pledge, launched Oct. 8, details what nine Indianapolis-area employers plan to do to improve racial equity within their organizations, the Indianapolis area, and beyond.
Trump, Biden show differences in distant, dueling town halls
President Donald Trump and Democrat Joe Biden took part in competing town halls Thursday that offered a jarring contrast of their opposing political styles and approaches to major issues.
Next big challenge for NCAA is restructuring Division I
A survey of college sports leaders by the academic watchdog Knight Commission found strong support for reforming the way Division I is governed (74%) and restructuring D-I altogether (73%). NCAA Division I is comprised of 351 schools.
City, Mind Trust to spend $88,000 to extend virtual learning pods
The additional funding—$24,000 from the city and $64,000 from the Mind Trust—will keep three of the 14 community learning sites open through the fall semester.
Pelosi, Mnuchin cite progress in relief talks, but eye obstacles with Senate Republicans
The rapidly developing changes came late Thursday after a nearly 90-minute conversation between the two negotiators. They both cited progress in resolving one of Pelosi’s top demands, for a national strategic testing plan to better detect the coronavirus.
Stocks fall on Wall Street as coronavirus spreads in Europe
Wall Street has turned cautious this week amid a confluence of worrisome trends for the economy, which is still hampered by the pandemic.
Kamala Harris suspends travel after staffer tests COVID-19 positive
The travel suspension interrupts the Biden campaign’s aggressive push across a wide battleground map, including North Carolina and Ohio, the next two states Kamala Harris was scheduled to visit.
Eli Lilly to acquire biotech firm in deal that could grow to more than $1.3B
Eli Lilly and Co. on Thursday announced that it has agreed to acquire Disarm Therapeutics, a private biotechnology company that is developing therapies that could be used to treat multiple sclerosis, glaucoma, Alzheimer’s disease and ALS.