Stocks fall on Wall Street as coronavirus spreads in Europe
Wall Street has turned cautious this week amid a confluence of worrisome trends for the economy, which is still hampered by the pandemic.
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Kamala Harris suspends travel after staffer tests COVID-19 positive
The travel suspension interrupts the Biden campaign’s aggressive push across a wide battleground map, including North Carolina and Ohio, the next two states Kamala Harris was scheduled to visit.
Eli Lilly to acquire biotech firm in deal that could grow to more than $1.3B
Eli Lilly and Co. on Thursday announced that it has agreed to acquire Disarm Therapeutics, a private biotechnology company that is developing therapies that could be used to treat multiple sclerosis, glaucoma, Alzheimer’s disease and ALS.
Indiana reports another daily high for COVID-19 cases
The state also reported 23 additional deaths from COVID-19, the eighth time in the past 10 days in which deaths have been in double digits.
Holcomb tests negative for COVID-19
Indiana Gov. Eric Holcomb was tested “out of an abundance of caution” after Indiana State Health Commissioner Dr. Kristina Box tested positive earlier this week.
Initial unemployment claims rise nationally, make big jump in Indiana
In Indiana, 28,864 people filed initial unemployment claims in the week ended Oct. 10, a surprisingly high increase of 186% that the Department of Workforce Development said might be partly due to a technicality.
Bank profits remain resilient despite lingering pandemic
The health of the banking sector is a proxy for the U.S. economy, since the banks’ fortunes largely rise or fall depending on whether borrowers are repaying their debts.
UPDATE: Indiana’s state health commissioner tests positive for COVID-19
Gov. Eric Holcomb saw Dr. Kristina Box on Tuesday, so he is being tested for COVID-19 “out of an abundance of caution,” his spokeswoman said.
UPDATE: Governor extends Indiana’s statewide mask mandate
Indiana Gov. Eric Holcomb said he would not bring back restrictions that were lifted three weeks ago and would leave the state in Stage 5 of the recovery plan for another month.
Extra safety scrutiny planned as virus vaccine worries grow
The stakes are high: Shunning a COVID-19 shot could derail efforts to end the pandemic—while any surprise safety problems after one hits the market could reverberate into distrust of other routine vaccines.
Eli Lilly says other antibody trials ongoing after pause in one study
Lilly said it is reviewing safety data that caused federal researchers to pause a trial of the company’s COVID-19 antibody treatment in hospitalized patients. Other trials using lower doses of the drug outside the hospital will continue.
Amazon’s ‘Christmas Creep’ poses stress test for FedEx, UPS
FedEx and United Parcel Service are girding for their biggest test yet in the e-commerce era, with the holiday shopping season pushed ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.
Indiana reports 1,172 new COVID-19 cases, hospitalizations rise again
New COVID-19 cases have topped 1,100 in the state’s daily report for eight straight days and have exceeded 1,000 a dozen times in the past 14 days.
Supreme Court halts census in latest twist of 2020 count
The Trump administration argued that the head count needed to end immediately to give the Census Bureau time to meet a year-end deadline.
State mask mandate deadline looms for Holcomb as cases, hospitalizations rise
Indiana Gov. Eric Holcomb said he would announce a decision Wednesday on the mask mandate that he first issued in July. It is currently set to expire Saturday.
Court stops 10-day extension for accepting Indiana absentee ballots
Absentee ballots cast in Indiana must arrive by noon on Election Day to be counted, a federal appeals court said Tuesday, throwing out a 10-day extension ordered by a judge.
Apple unveils new iPhones for faster 5G wireless networks
Finding those higher speeds can be a challenge. While telecom operators have been rolling out 5G networks, significant boosts in speed are still uncommon in much of the world, including the United States.
McConnell slates revote on GOP pandemic relief plan for next week
Senate Majority Leader Mitch McConnell said Tuesday that he’s scheduling a procedural vote on a relief bill next week, saying aid to hard-hit businesses shouldn’t be held up by gridlock involving other rescue proposals.
Eli Lilly pauses trial enrollment for COVID-19 antibody treatment over safety concern
Indianapolis-based Eli Lilly and Co. said it made the decision on recommendation of the Data and Safety Monitoring Board “out of an abundance of caution.”
Washington Township using pandemic relief funds to provide free job training
Available courses through the program will be offered online and in-person, depending on the field of study. The $1 million in funding comes from the money the city received from the federal Coronavirus Aid, Relief and Economic Security Act.