KAR Auction shares rose more than 9% Tuesday morning after the company announced the investment by London-based Apax Partners, a global private equity advisory firm, with participation by New York City-based Periphas Capital L.P.
The prospect of long-term shortages is giving rise to an intensifying debate about whether the industry should reopen faster or safety should be prioritized, even at the cost of the nation’s food supply.
The Indiana State Department of Health and the Department of Environmental Management have both issued guidance on properly flushing water systems as retail businesses reopen following closures
Gov. J.B. Pritzker’s stay-at-home order, issued in mid-March due to the COVID-19 pandemic, is expected to be eased May 29 for all of Illinois except Chicago, which is following its own timeline.
Daily testing for COVID-19 in Indiana has topped 5,000 tests for 12 straight days and in 18 of the last 21 days.
Without spring events that usually attract members and donors, some of Indiana’s environmental organizations are struggling to stay afloat.
The Indiana State Department of Health on Sunday said 220,801 people have been tested so far, up from 214,933 in Saturday’s report—an increase of 5,868.
For many companies, it’s a matter of survival, but for others, the changes have been a silver lining amidst the crisis.
Marion County on Saturday reported 9,040 cumulative cases—up from 8,928 the previous day, an increase of 112 cases.
Michigan—with one of the country’s most expansive lockdowns—had 22.7% unemployment in April, which the U.S. Bureau of Labor Statistics reported Friday was second highest behind only Nevada.
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Record unemployment caused by the coronavirus pandemic led to the largest one-month increase in mortgage delinquencies ever recorded.
President Donald Trump on Friday called on governors across the country to allow them to reopen this weekend, even as some parts of the nation remain under coronavirus lockdown.
A petition asking Indianapolis Mayor Joe Hogsett to allow salons to reopen has received more than 6,000 signatures in six days. Some owners said they’re at a huge disadvantage with competitors in adjacent counties back in business.
Health officials say Indiana has far more coronavirus cases—probably tens of thousands more—than those indicated by the number of official tests.
IU President Michael McRobbie outlined reopening plans in a note to the university community on Thursday. The note said the university could begin in-person instruction this fall “in some proportion,” but added the reopening would depend on the pandemic.
Gov. Eric Holcomb said the budget agency is estimating that Indiana could take in $3 billion less than expected during the last two months of fiscal year 2020—which ends June 30—and fiscal year 2021.
The staggering increase in Indiana’s jobless rate—which now is higher than the national rate—was due primarily to the loss of 380,500 workers in the private sector over the previous month.
Researchers who examined the lungs of patients killed by COVID-19 found evidence that it attacks the lining of blood vessels there, a critical difference from the lungs of people who died of the flu, according to the New England Journal of Medicine.
All of Indiana’s state-operated inns, campgrounds and cabins and will reopen in time for the Memorial Day weekend as coronavirus restrictions are eased across much of Indiana, state officials said.
