The vast changes deemed necessary to defeat the virus—people and companies no longer engaging with each other—are bringing everyday business to a halt and likely delivering a death blow to the longest economic expansion on record.
The closures involve six plants in the United States, Canada, and Mexico, including the company’s Indiana plant in Greensburg.
The international retailer opened its Fishers store in October 2017.
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out in response to the global viral pandemic.
As Congress works on a rescue package to help shore up a U.S. economy hard hit by the pandemic, businesses from the solar power industry to casinos and hotels, along with doctors, nurses and educators are urging lawmakers to give them a share of the pie.
President Donald Trump asked Congress to speed emergency checks to Americans, enlisted the military for MASH-like hospitals and implored people to stay home to stop the spread of the coronavirus. His proposed economic package could approach $1 trillion.
In some places, governors, mayors and county leaders have instituted aggressive action that is changing the fabric of life. In other spots, authorities have been far more lax, allowing routines to carry on more or less as normal.
Candidate Woody Myers on Tuesday issued his own plan for dealing with the outbreak, which includes spending some of the state’s surplus revenue and bringing state lawmakers back for a special session.
Total spending on travel in the United States—including from transportation, retail, lodging and restaurants—is expected to drop by $355 billion for the year, or 31 percent—more than six times the impact of the Sept. 11, 2001, terrorist attacks.
Starting Tuesday, the central bank will buy significant amounts of commercial paper, the short-term loans that businesses rely on for funding to pay bills and other expenses.
The Kentucky Derby and its associated events attract hundreds of thousands of people to Louisville, with last year’s race drawing more than 150,000 at Churchill Downs.
After the first case of covid-19, the disease caused by the new strain of coronavirus, was announced in the United States, reports of further infections trickled in slowly. Two months later, that trickle has turned into a steady current.
Hotel Tango Distillery in Indianapolis said Monday that it is temporarily adding a new high-proof ethyl alcohol-based hand cleaner to its line of products.
The decision came after at least two Monday conference calls between the sanctioning body and its team owners. It affects seven total races.
Indianapolis-based Roche Diagnostics said Monday that it has begun shipping an initial order of 400,000 COVID-19 test kits to a network of more than 30 hospital and laboratories.
The Carmel City Council on Monday passed an ordinance to provide additional paid leave to city employees who need to miss work due to the spread of COVID-19.
Under the hot glare of television lights, before dozens of reporters and spectators at the Indiana Statehouse on Monday afternoon, Indiana Gov. Eric Holcomb began talking of war, combat and a long, hard, struggle ahead.
Raises will go to workers at Amazon’s warehouses, delivery centers and Whole Foods grocery stores, all of whom make at least $15 an hour.
Even for a market beset by volatility in recent weeks, the losses were staggering. The 12.9% drop in the Dow was its worst since 1987. The S&P 500 and the NASDAQ also dropped 12%.
The decision follows new guidance for public gatherings from the Centers for Disease Control and Prevention that on Monday was adopted by both the city of Indianapolis and the state of Indiana.
