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IU football: New defensive line coach Kevin Peoples represents impressive coaching tree

Kevin Peoples has been mentored by Pete Jenkins, a defensive line master for decades.

       




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Cody Zeller recalls Harbaugh brothers telling IU basketball team to be 'blood-sucking bats'

IU basketball alum Cody Zeller recalls getting an unusual pep talk from Super Bowl coaches John and Jim Harbaugh

       




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IU football: Grad transfer Jovan Swann expects a lot of himself

Former Center Grove High School standout attended Stanford but will play for the Hoosiers in his remaining season.

       




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IU volleyball recruiting class ranks 15th — a program best

This week, PrepVolleyball.com released its Class of 2020 recruiting rankings. The Hoosiers came in at No. 15 — a program best.

       




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'That's when it changed.' Story of how 2009 team put IU baseball on the map

"I look at that group — it was not sexy at that time to play for Indiana. They made it sexy."

       




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As unemployment claims surge, how Indiana's benefits compare to neighboring states

Jobless claims have surged amid the coronavirus outbreak, revealing the limitations of a state unemployment system.

      




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You'll see these changes at the grocery as stores battle coronavirus

Grocery stores continue to make changes for the safety of shoppers and employees during the coronavirus pandemic.

      




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Coronavirus pandemic rocks Indiana lodging industry as hotels lay off hundreds of workers

Layoffs are mounting in the hospitality industry. "It's worst than 9/11," says the president of the Indiana Restaurant and Lodging Association.

      




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'They still want you to come in': Some workers, businesses disagree on what's 'essential'

Some employees disagree with employers who say their businesses are essential. Experts say the definition's gray area makes it hard for workers.

      




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Indianapolis announces $10 million fund for small-business loans during coronavirus crisis

The city of Indianapolis and the Indy Chamber announced a $10 million rapid response loan fund for small businesses during the coronavirus pandemic.

      




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Coronavirus wrecked Girl Scout cookie season. These Hoosier scouts are getting creative.

As coronavirus shutters cookie booths in Indiana and around the country, Girl Scouts take sales online and embrace an entrepreneurial spirit.

      




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The coronavirus pandemic is hitting landlords and small-business owners. Now rent is due.

The financial disruptions from the coronavirus pandemic are growing. April brings new challenges for renters, homeowners and small-business owners.

      




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Simon Property Group slashes executive pay due to coronavirus pandemic

Securities and Exchange Commission filings detail executive pay cuts for Simon Property Group executives as forced closures impact business operations

      




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'Where are they when you need help?' Restaurants want insurers to cover coronavirus losses

Business interruption insurance replaces income lost when a business must close. But insurers say policies don't cover coronavirus-related closures.

       




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Grocery store operating hours, latest shopping changes during the coronavirus pandemic

Here's how grocery stores are trying to accommodate shoppers with new hours, special times for at-risk customers and other changes as of April 29.

       




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Cummins is using Wisconsin facility to aid respirator production during COVID-19 outbreak

Cummins is partnering with Minnesota-based 3M to make filters for use in respirators used during the COVID-19 outbreak.

       




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Restaurants are selling groceries during the coronavirus pandemic. Here's what's available.

Restaurants struggling during the coronavirus pandemic are becoming grocery stores to survive. Here's where to score groceries around Indianapolis.

       




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A glimmer of hope as fewer workers in Indiana, U.S. file initial unemployment claims

Nearly 120,000 more Indiana workers filed for unemployment, but the amount is less than the week before, signaling some encouragement.

       




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Some Indiana workers could see extra unemployment benefits soon

The federal boost to unemployment compensation is retroactive to March 29, though some Hoosiers will still be waiting.

       




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Here are the safety measures businesses should adopt if operating during the coronavirus

Indiana businesses operating during the coronavirus should follow certain sanitation measures. Guidelines vary based on a worker's risk of exposure.

       




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Why Indiana's March unemployment rate is so low amid empty streets and empty stores

More than 22 million Americans are out of work because of how the coronavirus has shut down much of the economy.

       




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Former Eli Lilly head Richard Wood dies; led company for nearly two decades

Richard Wood led Eli Lilly and Co. through prosperous times, thanks to products like Prozac. Colleagues say his foresight paid off.

       




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74 Indiana businesses receive verbal warnings for violating governor's coronavirus order

Indiana officials have investigated several hundred complaints about businesses accused of violating state-mandated safety restrictions.

       




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Conrad hotel in Downtown Indianapolis temporarily ceases operations

The Conrad Indianapolis temporarily suspended operations as occupancy rates for Downtown hotels nosedive because of the coronavirus outbreak.

       




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More than 75K additional Indiana workers apply for unemployment insurance

The number of workers seeking unemployment benefits in Indiana rose for another week during the coronavirus pandemic.

       




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Indiana coal company with ties to Trump administration gets $10 million in coronavirus aid

The parent company of Indiana's second largest coal company, with ties to the Trump administration, landed $10 million in coronavirus relief aid.

       




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Self-employed, independent Indiana workers now can apply for new unemployment insurance

Here's how the self-employed, gig workers and others who don't typically qualify for state unemployment benefits can receive new federal benefits.

       




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Emmis Communications board votes to leave Nasdaq

Emmis hopes to reduce expenses, focus on growth.

       




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Plastic shields, capes: How salons, gyms plan to re-open after coronavirus closures

"This may become the new normal." The fitness and beauty industries may look much different after Indiana's coronavirus stay-at-home order is lifted.

       




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What business owners and experts say about how and when Indiana should reopen its economy

Here's what business leaders and economists say Indiana needs to do to reopen the state's economy and recover from the coronavirus pandemic.

       




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Shopping malls could reopen soon. Here are the changes you can expect.

Simon Property Group has published protocols to keep shoppers safe during coronavirus. Here's what changes the shopping mall owner is planning.

       




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Indiana receives more than 57K new initial claims for unemployment insurance benefits

New data from the U.S. Department of Labor reflects the continued toll of the coronavirus on Indiana workers.

       




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Scared of the coronavirus? Refusing to work could affect your unemployment benefits

Indiana workers could lose their eligibility for unemployment benefits if they are recalled to work but refuse to return over fears of the coronavirus

       




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Simon changes opening date for Indianapolis malls; others in Central Indiana open Monday

Simon Property Group has changed the opening date for malls in Indianapolis to May 16. Its other shopping centers in Indiana will reopen earlier.

       




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Back to the office? Here's what Indiana's reopening plan means for office workers

As Indiana moves into a phased reopening during the coronavirus pandemic, the state is encouraging office workers to continue working from home.

       




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What Indiana's reopening means for malls, retailers and personal services like hair salons

Indiana is reopening its economy after its coronavirus closures. Here's what shoppers should know about how malls, stores, salons and gyms will return

       




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Masks, hand sanitizer and closed stores: What malls looked like as Indiana began to reopen

Customers ranged from enthusiastic to wary on first day they were able to shop again at suburban Indianapolis malls during the coronavirus pandemic.

       




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Indiana businesses receive another $2 billion in payroll protection loans

Indiana businesses are receiving a second round of payroll protection loans to assist with the economic downturn from the coronavirus pandemic.

       




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43,777 Hoosiers filed new unemployment claims last week, fewer than previous week

The number of initial unemployment claims filed in Indiana last week has dropped compared to the number of new claims filed a week earlier.

       




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U.S. unemployment rate climbs to 14.7% in April, with 20.5 million jobs lost

The unemployment rate in the United States is surging because of business closures and disruptions related to the coronavirus pandemic.

       




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Honda to start resuming production at U.S. plants Monday

Honda announced Friday it would start resuming production at its U.S. and Canada plants, including one in Greensburg.

       




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Jonathan Turley: Focus on facts in Ferguson

When facts do not support a criminal charge, prosecution is barred regardless of demand.

       




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Editorial: Behning's ethical bump says a lot about Statehouse culture

It's only two weeks into the legislative session and the Indiana General Assembly has already hit an ethical speed bump. Who's steering this bus?

       




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Editorial: Wave of heroin abuse pounding Indiana; swift action needed

Gov. Mike Pence's Scott County order allowing a needle-exchange program is a welcome step. But it's just a start.

       




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Editorial: Helping Indy's young black males requires city-wide effort

More than 100 companies and nonprofits have pledged support for the Your Life Matters initiative, created to help the city's most vulnerable residents. That's a great start, but momentum is critical.

       




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Letter from Editor Katrice Hardy: Thank you for supporting local journalism

The pandemic has impacted us in many ways, but despite these challenges, our commitment to our community and you is stronger than ever.

       




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US Unemployment Rate Soars To 14.7%, the Worst Since the Depression Era

The U.S. unemployment rate jumped to 14.7 percent in April, the highest level since the Great Depression, as many businesses shut down or severely curtailed operations to try and limit the spread of the deadly coronavirus. From a report: The Labor Department said 20.5 million people abruptly lost their jobs, wiping out a decade of employment gains in a single month. The speed and magnitude of the loss defies comparison. It is roughly double what the nation experienced during the entire 2007-09 crisis. As the virus's rapid spread accelerated in March, President Trump and numerous governors imposed restrictions that led businesses to suddenly shed millions of workers, putting the economy in a deep freeze. Analysts warn it could take many years to return to the 3.5 percent unemployment rate the nation experienced in February in part because it's unclear what a new economy will look like even if scientists make progress on a vaccine, testing, and treatment.

Read more of this story at Slashdot.




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Oil Crash Busted Broker's Computers and Inflicted Big Losses

An anonymous reader quotes a report from Bloomberg: Syed Shah usually buys and sells stocks and currencies through his Interactive Brokers account, but he couldn't resist trying his hand at some oil trading on April 20, the day prices plunged below zero for the first time ever. The day trader, working from his house in a Toronto suburb, figured he couldn't lose as he spent $2,400 snapping up crude at $3.30 a barrel, and then 50 cents. Then came what looked like the deal of a lifetime: buying 212 futures contracts on West Texas Intermediate for an astonishing penny each. What he didn't know was oil's first trip into negative pricing had broken Interactive Brokers Group Inc. Its software couldn't cope with that pesky minus sign, even though it was always technically possible -- though this was an outlandish idea before the pandemic -- for the crude market to go upside down. Crude was actually around negative $3.70 a barrel when Shah's screen had it at 1 cent. Interactive Brokers never displayed a subzero price to him as oil kept diving to end the day at minus $37.63 a barrel. At midnight, Shah got the devastating news: he owed Interactive Brokers $9 million. He'd started the day with $77,000 in his account. To be clear, investors who were long those oil contracts had a brutal day, regardless of what brokerage they had their account in. What set Interactive Brokers apart, though, is that its customers were flying blind, unable to see that prices had turned negative, or in other cases locked into their investments and blocked from trading. Compounding the problem, and a big reason why Shah lost an unbelievable amount in a few hours, is that the negative numbers also blew up the model Interactive Brokers used to calculate the amount of margin -- aka collateral -- that customers needed to secure their accounts. "It's a $113 million mistake on our part," said Thomas Peterffy, the chairman and founder of Interactive Brokers, in an interview Wednesday. Customers will be made whole, Peterffy said. "We will rebate from our own funds to our customers who were locked in with a long position during the time the price was negative any losses they suffered below zero."

Read more of this story at Slashdot.




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Samsung To Launch a Samsung Pay Debit Card This Summer

In a blog post yesterday, Samsung announced plans to launch a Samsung Pay debit card this summer. The Verge reports: Samsung will launch the card, which will be backed by a cash management account, in partnership with personal finance company SoFi, Ahn said. Samsung is also developing a "mobile-first money management platform," according to Ahn. His blog doesn't detail what features that money management platform or the upcoming debit card may have, but he does say that Samsung will share more details "in the coming weeks." Samsung joins Apple in offering a branded payment card. Google is reportedly working on its own branded payment card as well, though Google's will apparently be a debit card, like Samsung's. Google will also supposedly offer spending-tracking tools for the card.

Read more of this story at Slashdot.