Trump calls drug a potential ‘game-changer’ for coronavirus, but FDA says it needs study
Chloroquine is inexpensive generic drug that is attracting great interest as a potential treatment, and is being studied in China, the United States and Europe.
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Senate Republicans release massive economic stimulus bill for coronavirus response
The centerpiece of the Senate GOP plan would be hundreds of billions of dollars sent to Americans in the form of checks as a way to flood the country with money in an effort to blunt the dramatic pullback of spending.
Gouging complaints surge across nation amid pandemic
Across a country where lines are long, some shelves are empty and patience is thin, authorities are receiving a surge of reports about merchants trying to cash in on the coronavirus crisis with outrageous prices, phony cures and other scams.
Downtown’s Punch Bowl Social terminates 91 employees as part of closure
Punch Bowl Social opened at 120 S. Meridian Street in Dec. 2016, taking 23,000 square feet in Circle Centre space once occupied by Nordstrom.
Indiana orders schools closed until May 1, cancels standardized tests
All Indiana schools will close through May 1, and all state standardized tests are canceled in response to the quickly spreading coronavirus, Gov. Eric Holcomb announced on Thursday. He also said it’s possible that the closures could be extended through the end of the school year. “As we get near to May 1, we may […]
Remainder of Indiana high school basketball tournament called off
The Indiana High School Athletic Association said it made the decision after Gov. Eric Holcomb directed all state public schools to remain closed during the pandemic until May 1.
Holcomb promises broad interpretation of unemployment rules and bans evictions, utility shutoffs
Holcomb’s directives also include extending the closure for K-12 schools and holding onto $300 million in surplus funds that were going to be used to pay for six capital projects in cash.
Gov. Holcomb supports delaying May primary but says decision isn’t his to make
The governor said the decision will be up to Secretary of State Connie Lawson, a Republican who oversees the Indiana Election Division.
Hotel developments, including Pan Am Plaza, likely to see big delays
Several developments in recent days have been thrust into holding patterns, as banks and financial institutions have stopped approving new construction loans for hotels and other projects amid the economic plunge from COVID-19.
City’s biggest hotels consider closures as industry lobbies for tax relief to ease outbreak impact
The owners of the city’s two largest hotels are considering closing them amid drastic decreases in business caused by the COVID-19 outbreak.
Effects of pandemic will slam state, local tax receipts
A former Senate budget writer said the hit to the state budget could be bigger than during the Great Recession, when state revenue dropped 15% over two years.
SBA makes emergency loans available statewide to help businesses survive outbreak
The low-interest loans of up to $2 million are designed to provide working capital to Indiana businesses struggling to make it because of the COVID-19 outbreak.
Stocks tumble, investors dash for cash amid recession fears
Stocks sank more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump’s 2017 inauguration.
Indianapolis hospitals could be overwhelmed within weeks, new study says
This area has 1,081 intensive care unit beds, but they could be filled by coronavirus patients within weeks under numerous scenarios mapped out by the Harvard Global Health Institute.
Simon Property closing all shopping malls until March 29
The Indianapolis-based company said Wednesday that it made the decision “after extensive discussions with federal, state and local officials and in recognition of the need to address the spread of COVID-19.”
UPDATE: Major automakers agree to close all factories
The United Auto Workers union has been pushing for factories to close because workers are fearful of coming into contact with the coronavirus.
Trump to order suspension of all foreclosures, evictions until May
President Donald Trump says he’ll invoke the Korean War-era Defense Production Act to marshal the private sector in response to the coronavirus pandemic.
IndyHub launches virtual meet-ups initiative in response to pandemic
IndyHub, working with Leadership Indianapolis, plans to host digital book clubs, panel discussions and virtual meet-ups, replacing their traditional event and program schedules with opportunities to convene remotely.
Treasury proposal: Deliver $500B to Americans starting April 6
The Treasury Department wants to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.
State teachers getting paid during closures; other school employees face uncertainty
It’s up to each district to decide whether to pay hourly workers—including bus drivers, custodians, food service employees and paraprofessionals—who are typically paid only for days when students are present.