In Indiana, more than 90% of federal loans topping $150,000 went to companies, according to the Treasury Department data. About 6% of the loans went to not-for-profit organizations.
Sen. Rubio introduces bill to help NCAA make uniform compensation changes
Florida Sen. Marco Rubio’s bill would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances.Read More
White House, congressional leaders reach $484B aid deal
The $484 billion legislation would increase funding for the Paycheck Protection Program by $310 billion, boost a separate small business emergency grant and loan program, and direct billions to hospitals and a new coronavirus testing program.Read More
Washington, D.C., on track to deliver $2.2T rescue bill Friday
The House is set to pass the sprawling, $2.2 trillion measure Friday morning after an extraordinary 96-0 Senate vote late Wednesday. President Donald Trump marveled at the unanimity Thursday and is eager to sign the package into law.Read More
Senate approves $2.2T coronavirus bill aimed at slowing economic free fall
The bill would extend $1,200 to most American adults and $500 for most children, create a $500 billion lending program for businesses, cities and states, and a $367 billion employee retention fund for small businesses.Read More
Businesses and the organizations that represent them fear a wave of coronavirus-related lawsuits as employees return to work and customers return to stores, restaurants and other public places.
Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.
Indiana lenders had secured a total of $9.5 billion in Paycheck Protection Program loans for their borrowers as of Saturday, according to the Small Business Administration.
President Donald Trump is set to sign an executive order Friday to direct the federal government to overhaul its hiring to prioritize a job applicant’s skills over a college degree, administration and industry officials say.
The announcement of the easing of regulations know as the “Volcker Rule” gave an immediate boost to bank stocks because the rule change could free up billions of dollars in capital in the banking industry.
Among several things being considered in Washington will be legislation introduced by Sen. Mike Braun, R-Ind., who wants to limit the immunity protections for officers in lawsuits.
U.S. futures swung wildly as the remarks caused concern that the deal signed in January, which paused the trade war between world’s two largest economies, was in jeopardy.
The freeze announced Monday will apply to the H1-B visa category for highly skilled workers, the H4 visa for their spouses and the L visas companies use to transfer international employees into the United States.
we must dramatically reimagine and reconstruct policing. The Justice in Policing Act, introduced this month in Congress, is a good start.
The JUSTICE Act—Just and Unifying Solutions To Invigorate Communities Everywhere Act of 2020—is the most ambitious GOP policing proposal in years.
The funding is intended to help the state navigate the pandemic, and state officials are slowly rolling out plans to spend it—while holding a sizable portion back in case COVID-19 roars back.
Indiana received more than $30 million in the latest round of federal funding, on top of $23.8 million it was allocated in January.
The act would ban chokeholds, establish a national database to track police misconduct, prohibit some no-knock warrants and enact other initiatives. The bill contains several provisions that would make it easier to hold officers accountable for misconduct in civil and criminal court.
The Indianapolis City-County Council is scheduled to meet at 7 p.m. Monday night to consider the proposal.
With more people than expected returning to the workforce, the enormous sense of urgency that produced the first four federal pandemic aid bills has faded, along with the freewheeling dynamic that inflated the price tags.
The Trump administration is fighting a class-action lawsuit for continuing to garnish the wages of defaulted borrowers in violation of a federal order.
Most of the funding will be used to expand Workforce Ready Grants and Employer Training Grants. The state also plans to use some of the funding to scale up career coaching efforts and other workforce development outreach.
Trump said he was recommending that governors deploy the National Guard in sufficient numbers to “dominate the streets.”