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Almost 10,000 unemployment claims filed in Southwest Utah as tourism industry lags

About 10% of Southern Utah workers have filed for unemployment amid the coronavirus, which doesn't include self-employed and many non-profit workers.

       




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Washington City man arrested in killing claims victim was trying to get into his home

Bradly Scott Hunt, 32, was booked into the Purgatory Correctional Facility after shooting and killing another man late Thursday night.

       




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Pension news: UK sitting on £20BILLION ‘LOST pension mountain’ that could remain UNCLAIMED



A “JAW-DROPPING” 1.6 million lost pension pots worth nearly £20 billion are being left unclaimed, according to estimates from an insurance industry body. Savers are losing track of their pension stash due to job changes or moving house, with future retirees potentially missing out on staggering sums for their golden years.




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Lockdown for over-70s? I won't put up with this ageist claptrap, says ANN WIDDECOMBE



AT LAST there appears to be some momentum gathering behind what I have been saying for weeks: that it is wrong to lock down people on the grounds of age alone.




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What we learned in Tara Reade's interview with Megyn Kelly about the Biden assault claim

In her first on-camera interview since Joe Biden denied her assault allegation, Tara Reade told Megyn Kelly it "changed everything about my life."

      




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Indiana Black Expo cancels Summer Celebration and Circle City Classic over coronavirus

Citing the need to keep people safe, Indiana Black Expo has canceled its Summer Celebration and Circle City Classic.

       




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Ballet lessons from the living room: Dance classes during the coronavirus pandemic

Kerry Kapaku, owner of DanceWorks Indy, teaches a Saturday ballet class from her home. The studio is offering online content due to coronavirus concerns.

       




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Ex-Butler guard Rotnei Clarke makes dramatic escape from Italy's coronavirus pandemic

Rotnei Clarke and his wife packed for her and their three small children in less than three hours.

      




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IndyCar rookie Scott McLaughlin out-duels Will Power for win in Barber iRacing Challenge

Robert Wickens made the surprise charge of the race, taking eighth, but it was Scott McLaughlin clinching his first IndyCar victory of any sort Saturday.

      




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McLaren Formula 1 driver Lando Norris joining IndyCar's iRacing Challenge Saturday

McLaren Formula 1 driver Lando Norris becomes the latest special guest driver in IndyCar's iRacing Challenge.

       




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McLaren Formula 1 driver Lando Norris wins IndyCar iRacing Challenge at COTA

In his first dip into the IndyCar world, McLaren Formula 1 driver Lando Norris beat series regulars at Circuit of the Americas.

       




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IndyCar iRacing Challenge: Scott McLaughlin conquers wild First Responder 175 at IMS

Multiple late wrecks allow McLaughlin to capitalize

       




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In wide open Class 6A, why not Avon? State's No. 1 team is thinking big

Being ranked No. 1 in the state is old hat at certain places — Warren Central, Carmel and Ben Davis, to name a few. But not Avon.

      




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Lloyds to settle PPI claims

Lloyds has decided not to use the courts any further to contest the decision of the regulator, the Financial Service Authority, that it should pay restitution to customers who were mis-sold PPI loan insurance.

This will be welcomed by thousands of Lloyds customers, although it will be very expensive for Lloyds - which is making a provision of £3.2bn to cover the likely costs.

That £3.2bn charge means Lloyds is back in loss, to the tune of £3.5bn on a statutory or official basis.

My post from last night explains much of the background to this.

Ignoring one-offs, on what Lloyds calls a combined business basis, Lloyds remained in profit, to the tune of £284m, for the first three months of the year - although this was well down on the £1.1bn made in the equivalent period of last year.

There was also a charge of £1.1bn to cover the expected cost of Irish loans going bad. This was £500m more than expected.

The reason for the higher than anticipated Irish lending loss is that the new chief executive Antonio Horsa-Orsorio decided to factor in a further possible fall of 10% in Irish commercial property prices.

Other striking characteristics of these figures for the first quarter of the year is that net lending to small businesses rose, bucking the national trend, and overall income was down from £6bn to £5.2bn.

What stands out however is Lloyds' decision to settle with PPI claimants.

It was a unilateral decision, but will put pressure on the other banks to do the same.

The size of Lloyds charge implies that the big British banks will in total take a £9bn hit to settle PPI claims, with Royal Bank of Scotland, the second most exposed, perhaps taking a £2bn hit.

Update 09:21: For taxpayers, it is good news that Lloyds has been weaning itself off loans and loan guarantees provided by us.

So in the first three months of the year, there was a further reduction of £26bn of funding for Lloyds in effect provided by the state.

Which means that Lloyds' residual dependence on de facto loans from us is £70bn - with £26bn of this still owed to the Bank of England's Special Liquidity Scheme and £44bn of debt guaranteed by the Treasury (under the Credit Guarantee Scheme) still needing to be repaid.

Barring a meltdown in wholesale markets, Lloyds should be free of exceptional taxpayer funding support by the target of 2012.

By contrast, the timetable for privatising taxpayers' 41% stake in Lloyds is yet to be decided - although today's decision by the new chief executive to face up to the mistakes of the past (the PPI and Irish losses) should make privatisation easier.

The next milestone for Lloyds on the road away from state ownership and influence will be the announcement in June of Mr Horta-Orsorio's new strategy for the group.

Update 09:54: Royal Bank of Scotland will not make a decision till next week on whether to join Lloyds in agreeing to settle PPI cases.

It had the second biggest share of the PPI market, with around 20%, compared with 35% for Lloyds.

My banking sources are surprised by the magnitude of the PPI charge taken by Lloyds. It was significantly bigger than they had expected.

They would expect RBS to eventually take a PPI hit of around £1bn (as I mentioned in a post last month) rather than the £2bn implied by Lloyds' PPI provision.

That said, it is highly unlikely that RBS will quantify the potential PPI damage when it announces its first quarter results tomorrow.

On RBS's imminent results, I would expect it still to be in the red at the statutory level, including - for example - a debit from a market valuation of credit insurance provided to RBS by taxpayers under the Asset Protection Scheme.

But at the operating level it will be in profit. And RBS's general insurance operations should be back in the black (some would say 'at last') - which matters, because RBS is committed to dispose of these well-known insurance activities, probably by floating them on the stock market.




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Zionsville, Lebanon schools close and move classes online amid coronavirus concerns

Both school systems are moving to eLearning over coronavirus concerns. They're the second and third districts in the metro area to do so.

      




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Virtual class, canceled travel: Indiana colleges and universities respond to coronavirus

Schools across the state are suspending in-person instruction, canceling travel and asking students to stay away.

      




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This is what Indiana colleges are saying about their plans for fall classes

Indiana colleges and universities talk plans for the fall as campuses remain empty statewide

       




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IU student files lawsuit, seeks reimbursement after class moved online due to coronavirus

An Indiana University student is suing the school, looking for a partial reimbursement on tuition and fees paid for the spring semester.

       




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IndyStar basketball recruiting rankings for Indiana's 2021 class

See which incoming sophomores Kyle Neddenriep thinks are the best in the state.

      




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IU basketball forward Justin Smith declares for NBA draft, retains eligibility

A fixture in IU's starting lineup for most of the past two years, Smith averaged 10.4 points and 5.2 rebounds per game in 2019-20.

       




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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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Doyel #senior class: Miranda Stickel ran on legs she knew might break

Chatard's Miranda Stickel was so determined to return to state, she ran on legs she knew might break. Then the coronavirus pandemic ended her career.

       




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Indiana high school softball: Ranking top 10 players in the Class of 2020

With the 2020 softball season approaching, it's time to break down the top Indiana prospects in each class. We start with a loaded senior class.

       




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Indiana high school softball: Ranking top 10 players in the Class of 2021

With the 2020 softball season approaching, it's time to break down the top Indiana prospects in each class.

       




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Brady Allen remains one of the most coveted Indiana quarterbacks in Class of 2022

Gibson Southern quarterback Brady Allen remains one of the most coveted Indiana recruits in the Class of 2022

       




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Exclusive: Trey Hollingsworth clarifies comments that sending Americans back to work is lesser of two evils

Indiana Congressman Trey Hollingsworth says it's a false choice between accepting widespread casualties or reopening the economy.

       




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Taking a look back at Colts 2017 draft class and it's 'Pro Bowl-caliber' talent

They say it takes three years to evaluate a draft class. How does the Colts 2017 class look three years later?

       




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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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IU's Trayce Jackson-Davis indicates he's not declaring for NBA draft

The sophomore big man tweeted #Unfinished Business. He would have to declare for the draft Sunday night.

       




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IU basketball forward Justin Smith declares for NBA draft, retains eligibility

A fixture in IU's starting lineup for most of the past two years, Smith averaged 10.4 points and 5.2 rebounds per game in 2019-20.

       




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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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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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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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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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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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Pacers Malcolm Brogdon declares himself ready to play again with injury '100%' healed

The Pacers didn't have their starting point guard for the last three games before the NBA went on hiatus, but he's able to play if/when it restarts.

      




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Adidas files cross-claims against father of Pacers' Brian Bowen, others

The Adidas move was expected; each side alleges the other is at fault

      




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National signing day: Where IU, Purdue rank among Big Ten recruiting classes

Boilermakers and Hoosiers try to break into the upper echelon of Big Ten football recruiting

      




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Will Purdue fill Matt Haarms' spot with one-year fix or save scholarship for 2021 class?

With Matt Haarms announcing his decision to leave the Boilermakers, the coaching staff begins the search to fill a void in the middle

       




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Greenwood Christian wins first Johnson County title, likely will get top spot in Class A

Champ McCorkle notched his 1,000th-career point as the Cougars beat Center Grove for the Johnson County tournament championship.

      




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Bloomington South moves up to No. 1 in Class 4A in this week's AP basketball poll

Lawrence North drops to No. 2 in Class 4A after loss to North Central

      




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Pacers Malcolm Brogdon declares himself ready to play again with injury '100%' healed

The Pacers didn't have their starting point guard for the last three games before the NBA went on hiatus, but he's able to play if/when it restarts.

       




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Adidas files cross-claims against father of Pacers' Brian Bowen, others

The Adidas move was expected; each side alleges the other is at fault

       




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IU student files lawsuit, seeks reimbursement after class moved online due to coronavirus

An Indiana University student is suing the school, looking for a partial reimbursement on tuition and fees paid for the spring semester.

       




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Women's cricket future in England needs safeguarding, says ECB's Clare Connor

The ECB intends for women to play international and domestic cricket this summer but is "realistic" about the impact of coronavirus, says Clare Connor.




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Meg Lanning: Australia captain joins Ireland squad for batting 'masterclass'

Ireland captain Laura Delany says she gained valuable insights into the importance of mental preparation as Meg Lanning joins Isobel Joyce for a virtual batting session.




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California makes it easier to receive workers' comp for coronavirus claims

The order streamlines workers' compensation claims and establishes that any essential worker infected with COVID-19 contracted the virus on the job.




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Hand sanitizer company is ordered to stop distribution over questionable claims

The DOJ ordered an Orange County company to stop distributing hand-sanitizer products until it got FDA approval or removed certain claims from its labeling.




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Vanessa Bryant files claim against L.A. County sheriff over Kobe Bryant crash site photos

Vanessa Bryant has filed a claim against the Los Angeles County Sheriff's Department over deputies sharing "unauthorized" photos of the scene of the helicopter crash that killed her husband Kobe Bryant, their daughter and seven others.




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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.