Stocks fall, capping Wall Street’s worst quarter since 2008
The surge of coronavirus cases around the world has sent markets to breathtaking drops since mid-February, undercutting what had been a good start to the year.
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Number of medical volunteers more than doubles in one day as COVID-19 surges in Indiana
The list of volunteer professionals includes doctors, nurses, paramedics, dentists, veterinarians, therapists and midwives. Many of those people will be used to free up health care workers who have experience with more critical care.
Indiana unemployment claims soar past 120,000 amid pandemic
The numbers are skyrocketing as thousands of people lose their jobs during the health crisis.
Americans adopting e-commerce faster than ever amid pandemic
The buy-online-pickup-in-store option, known as BOPIS, saw a 62% surge in the Feb. 24-March 21 period compared with a year earlier, according to Adobe Analytics.
Retailers furlough 500,000 despite stimulus; more expected
Millions more are in danger of being furloughed or fired as chains reel from nationwide closures that started about two weeks ago and have totaled nearly 50,000 locations.
Coronavirus cases surge to 2,159 in state, 964 in Marion County
The Indiana State Department of Health reported that 13,373 people have been tested so far, up from 11,658 in Monday’s report.
Some Instacart, Amazon workers strike as jobs get riskier
The one-day strikes had little impact on consumers, but the unrest called attention to mounting discontent among low-wage workers who are on the front lines of the pandemic.
UPDATE: Macy’s, Kohl’s, Gap furloughing most employees amid coronavirus shutdown
Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.
Indiana’s finances taking big blow from coronavirus crisis
Perhaps $1 billion will have to be spent from the state’s $2.3 billion in cash reserves to get through the budget year that ends June 30, Gov. Eric Holcomb said Friday.
Stocks surge for fourth time in five days amid tentative trading
Stocks were led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak.
FDA authorizes widespread use of unproven drugs to treat coronavirus
The Food and Drug Administration has given emergency approval to a plan to distribute millions of doses of anti-malarial drugs to hospitals across the country, saying it is worth the risk of trying unproven treatments to slow the progression of the disease in seriously ill coronavirus patients.
UPDATE: State working to double ICU beds, ventilators, as 5,300 health care workers volunteer
The state said more than 5,300 health care workers who are not currently working in hospital settings have volunteered to help during the projected coronavirus surge, which is expected to begin in mid April.
City, Indy Chamber aim to raise $10M for rapid-loan fund for small businesses
Nearly $3 million has already been committed to the fund, including $1 million from Indianapolis-based Anthem Inc. and $1.5 million from the city of Indianapolis.
GM says it’s moving as fast as possible to make ventilators in Indiana
Experts on managing factory production say GM is making an extraordinary effort for a company that normally isn’t in the business of producing ventilators.
Coronavirus cases rise to 1,786 in state, 804 in Marion County
The Indiana State Department of Health has reported 805 new cases in the state over the past three days.
Visit Indy to cut employee hours amid forced events lull
The tourism bureau’s 62 employees will see their work weeks cut to four days through at least April.
Instacart workers seek strike as jobs get busier, riskier
A group called the Gig Workers Collective is calling for a nationwide walk-out Monday. They’ve been asking Instacart to provide workers with hazard pay and protective gear, among other demands.
Trump adds 30 days to distancing guidelines as virus spreads
President Donald Trump is extending the voluntary national shutdown for a month as sickness and death from the coronavirus pandemic rise in the United States.
Penske shares thoughts on having to postpone Indy 500
In a wide-ranging interview, Roger Penske insisted his commitment remains steadfast to the Indianapolis Motor Speedway and the IndyCar Series as the world waits for the pandemic to end.
Indiana parents rethinking child care options amid pandemic
State guidelines issued Friday outlined what daycares should do to maximum health and safety during the COVID-19 public health crisis.