Banks expect deluge of desperate businesses seeking loans
Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare.
Diseases
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City’s contemporary art museum ceasing operations after 19 years
Indianapolis Contemporary—known as the Indianapolis Museum of Contemporary Art up until 11 months ago—announced Thursday that it was calling it quits after an internal review “determined it was not economically feasible to continue operations.”
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Lebanon-based disinfectant light manufacturer adjusting to surge in demand
The Lebanon-based company engineers, fabricates and manufactures ultraviolet lights that penetrate and destroy bacteria, viruses and other harmful microbes. The company, along with others in its field, are seeing record demand.
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Anthem waiving out-of-pocket costs for COVID-19 treatments
Other big insurers, including Cigna, Humana and UnitedHealth Group, have already rolled out similar moves.
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Lilly Endowment awards $33.5M to state United Ways for pandemic response
The endowment announced Wednesday that it has awarded a $30 million grant to Indiana United Ways, which oversees the statewide network of United Ways, and a $3.5 million grant to the United Way of Central Indiana.
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THE LATEST: Spring sports canceled; Holcomb could extend stay-home order; nursing home residents, prison inmates diagnosed; Simon identifies cuts
Get the latest news on the coronavirus and COVID-19 in this ongoing series of updates available outside IBJ’s paywall.
Residents at 29 nursing homes, state prison inmates infected with COVID-19
Both types of locations are considered serious in a pandemic, because the virus can spread quickly in confined spaces. In addition, elderly people in nursing homes or prisons with underlying medical conditions are considered especially vulnerable if they are infected.
IRS to start sending rescue checks April 9; some won’t get them until September
About eight in 10 taxpayers who have signed up for direct deposit payments for their past tax refunds are expected to receive the money within two weeks. Others could be waiting months.
Indiana workforce office hiring more workers to deal with flood of jobless claims
Indiana Department of Workforce Development Commissioner Fred Payne said Thursday that 146,243 initial unemployment claims were filed last week as the coronavirus pandemic continued to sideline employers.
Stocks rise as a bounce in oil prices lifts energy sector
Oil surged more than 30% immediately after President Donald Trump said he expects Saudi Arabia and Russia to back away from their price war.
Coronavirus cases jump to 3,039 in state, 1,304 in Marion County
The Indiana State Department reported Thursday that 16,285 people have been tested so far, up from 14,375 in Wednesday’s report.
U.S. unemployment claims hit record 6.6M as layoffs accelerate during pandemic
The figure for last week is much higher than the previous record of 3.3 million reported for the previous week.
North suburbs partnering with private laboratory for weekly COVID-19 tests
First responders in Carmel, Noblesville, Zionsville, Whitestown and other municipalities will be tested weekly by Aria Diagnostics.
Protective gear in national stockpile nearly depleted, DHS officials say
The government’s emergency stockpile of respirator masks, gloves and other supplies is almost exhausted, leaving the Trump administration and states to compete for equipment in a marketplace rife with price-gouging, according to Homeland Security officials.
IndyCar’s virtual race to be aired on NBC Sports Network
The debut virtual race last weekend drew 433,000 combined viewers to both IndyCar and iRacing’s online stream.
ACLU: Indiana virus directive shouldn’t restrict abortions
Gov. Eric Holcomb’s directive calls for all Indiana health care facilities to cancel or postpone non-urgent surgical procedures amid the coronavirus pandemic.
Stocks skid as physical, economic toll of virus worsens
Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts—and as experts say they still can’t predict when it will end.
As Indiana COVID-19 cases rise, testing appears to have slowed
State leaders on Wednesday defended “targeted testing”—or restricting tests to certain high-risk groups—saying they didn’t want to deplete test supplies.
Mayor extends Marion County’s stay-at-home order until May 1
The order by Indianapolis Mayor Joe Hogsett had been set to expire on Monday.
Holcomb launches campaign to further encourage Hoosiers to stay home
Gov. Eric Holcomb on Wednesday announced a campaign called “IN this together” to encourage citizens to follow stay-at-home and social-distancing guidelines during the pandemic.
Bars crater while grocers boom, showing huge mismatch in U.S. jobs
Many people who have lost their jobs during the pandemic are hesitant to apply for the new employment for a number of reasons, including safety concerns, pay issues and a mismatch in skills.
Lilly expands drive-thru COVID-19 testing to essential workers, vulnerable seniors
The decision means perhaps tens of thousands of additional people can get tested at Lilly’s drive-thru, including people who work in grocery stores, pharmacies, banks and other places listed by the state as essential.
Census Day arrives with U.S. almost paralyzed by coronavirus
The 2020 census will help determine how many congressional seats and Electoral College votes each state gets, as well as the distribution of some $1.5 trillion in federal spending.
Federal rescue money for Indiana schools won’t go far, state superintendent says
Indiana will receive $215 million of the $13.5 billion that the federal government is handing out to states for schools as part of the COVID-19 rescue package.