IU Insider Zach Osterman sits down with Chronic Hoosier to answer your questions, talking everything from IU sports to Btown eats to memories and more

Nationalising a bank is a big deal. But it is not unprecedented. It is worth reading the history of Continental Illinois, nationalised by the US Federal Deposit Insurance Corporation in 1984. You can get the full story from the FDIC...

The world's central banks are back. They're taking collective action again - all for one and one for all. They learned back in December that co-ordinated action works better than individual action. In any case, moving together at least prevents...

Iraklı Kürtler, özerk Kürt bölgesine yeni bir başkan ve parlamento seçmek üzere yarın sandık başına gidiyor. Irak Cumhurbaşkanı Celal Talabani seçimlere ilişkin BBC'nin sorularını yanıtladı.

Zach Osterman and Chronic Hoosier discuss the commitment of big man Logan Duncomb in the latest 'Mind Your Banners' podcast

IU alum and Dallas Mavericks owner Mark Cuban pitches an idea to Kentucky basketball coach John Calipari as if he was a 'Shark Tank' contestant.

IU Insider Zach Osterman sits down with Chronic Hoosier to answer your questions, talking everything from IU sports to Btown eats to memories and more

Dallas Mavericks owner and IU alum is taken aback to learn the NBA is stopping play in the wake of a player's coronavirus test

These restaurants are turning Indiana's ban on dining in restaurants to their favor by throwing back to olden days with drive-up service.

July will bring Dave Matthews, Foo Fighters and Janelle Monae to Indianapolis, plus Heartland's first short-film festival.

The Dave Matthews Band will return to Indiana after taking a break in 2017.

Jam-band roots, revamped lineup and a new album translate into a fresh performance by the Dave Matthews Band at the venue once known as Deer Creek.

Better internet access in eastern and southern Africa should mean good news for businesses in the region.

Many suburban churches plan to keep their doors shut this weekend despite an easing of restrictions on public gatherings by Gov. Eric Holcomb.

Emergency services and other authorities say travel to beaches and national parks will "cost lives".

The public has been warned to avoid emergency rooms because of coronavirus cases. But staying home undoubtedly made my son-in-law's condition worse.

Mavs owner Mark Cuban isn't comfortable opening team facility for practice because they can't test all players and staff for coronavirus.

The fight to flatten the curve and slow the spread of the coronavirus is on all of us.

France's Zinedine Zidane is banned for three games for his World Cup final head-butt on Italy's Marco Materazzi, who is also suspended.

China should apply a permanent ban on the wildlife trade in the wake of the coronavirus outbreak.

As F1 waits for the 2020 season to begin, drivers have been keeping themselves busy in lockdown with banana costumes, mummy planks and singing dogs.

W Series champion Jamie Chadwick talks about how she is finding life in lockdown, with exercise, Zoom chats and cooking helping to pass the time.

A chronology of key events

Key facts, figures and dates

The vice-president says the task force may wind down by the end of May or early June.

1. ICICI Bank Q4: All eyes on what COVID-19 does to the economy  Moneycontrol.com
2. ICICI Bank Q4 net rises 26% to ₹1,221 crore  The Hindu
3. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
4. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
5. ICICI Bank classifies Singapore based Hin Leon as NPA  FUTURE TV
6. View Full coverage on Google News

As COVID-19 continues to shut down sporting events across the globe, a former Roughriders’ CEO says it could be the greatest threat the CFL has ever faced.

Key facts, figures and dates

In Texas, abortions are resuming as virus restrictions ease - but for many, the damage has been done.

Criminal hackers have found ways around new security devices used for online banking.

The goal is to provide financial services to billions of people around the world, including those who lack access to banking.

For months now, Nuro’s robotically piloted vehicles have been quietly delivering groceries to restaurants and homes around Houston, the vehicles’ sensors mapping the city as they go.

Ford Motor has unveiled the Mustang Mach-E, an all-electric sport utility vehicle that the company claims will have a range of at least 230 miles.

• Colombian delivery app Rappi is testing pilot robot deliveries in Colombia.
• Rappi operates in several Latin American countries, and last year SoftBank invested one billion dollars into the startup.
• Deliveries are made using Kiwibot, a delivery robot from a Colombian owned company in California.
• Visit Business Insider's homepage for more stories.

Colombian delivery app Rappi is yet another company turning to robots to reduce reliance on human workers during the coronavirus pandemic. 

In addition to Colombia, Rappi operates in Mexico, Peru, Chile, Uruguay, Argentina, and Brazil. Last spring, SoftBank invested $1 billion — one-fifth of its Innovation Fund for Latin America — in the startup. It was founded in 2015, and other investors include Sequoia Capital, Andreesen Horowitz, and Y Combinator.

Colombia is currently under a lockdown set to end in May, though it may be extended again. Earlier this month, Bloomberg reported on the lack of coronavirus testing throughout Latin America, making it difficult to assess how widespread the virus is in the region.

Like in other countries, the Colombian delivery app is using robots to complete orders at a time when people are at risk of catching the virus from interacting with others. So far, the robots are part of a pilot in Medellin, with potential to expand.

Here's what it looks like. 

SEE ALSO: Nonprofits, truck drivers, food banks, and others are turning to a little-known Google Maps feature to navigate life amid the coronavirus pandemic

Rappi is using robots for deliveries in Medellin, the capital of Colombia.

Typically, Rappi works similarly to GrubHub or DoorDash, with delivery drivers picking up orders and bringing them to customers' doors.

As the coronavirus spread between people, options for contactless delivery became more popular.

Deliveries in the pilot program use Kiwibot robots, from a California company with a Medellin office.

The four-wheeled delivery robots have orange flags to call attention from walkers, drivers, and bikers.

Customers stuck at home because of the coronavirus can order and pay for meals digitally, and then last mile delivery is completed by the robots.

Robots can carry deliveries up to five square inches in size, and are disinfected between orders.

Source: The Star

Kiwibots have a stereo camera system to sense its surroundings as it moves.

The sensor system allows it to react to lights and obstacles.

Kiwibots are equipped with corner recognition, which allows them to create safe paths on sidewalks.

Kiwibot emphasized its robots ability to "seamlessly mesh into the fabric of urban landscapes," with technology like street crossing mode.

Source: Kiwibot

Rappi says it completes about 120 deliveries each day with the 15 robots in the pilot area.

Source: The Star

It plans to run the program until July, and then potentially expand to other cities.

Kiwibots have previously been used for deliveries at colleges including UC Berkeley, and Kiwibot says it has made more than 30,000 deliveries since it started in 2017.

Source: The New York Times

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. 

If you aren't yet a subscriber to Wall Street Insider, you can sign up here.

For certain corners of Wall Street, dealmaking is happening faster than ever. While M&A activity has plunged, bankers primed to help companies navigate the financial fallout, especially restructuring and debt-raising specialists, have been crushed with demand.

Alex Morrell took a look at how top bankers — known for putting in long hours curating a white-glove experience for clients — are finding they can still provide service from afar. It turns out, when you take away the time spent at airports and restaurants, and when Zoom calls can be arranged in minutes, things can move at lightning speed. 

Read the full story here: 

'Stunning efficiency': How remote dealmaking could mean a permanent lifestyle change for some bankers

Meanwhile, it's been a tale of two approaches to job cuts in recent days. On Tuesday, Airbnb CEO and cofounder Brian Chesky emailed staff about sweeping layoffs that were impacting 1,900 people, highlighting where the company will focus in the future and what exit packages employees should expect. You can read the full email here. 

Over at WeWork, things have been rolling out gradually. Meghan Morris and Dakin Campbell wrote about a leaked WeWork document that revealed a huge reorg under way for people who manage its buildings. Here's how the new structure works — and the complex process for staff to save their jobs. Alex Nicoll and Meghan also reported that Flatiron School has slashed at least 100 jobs, building on their scoop last week that WeWork started making cuts in several key departments, with IT alone losing some 200 jobs. 

Keep reading for a preview of changes in store for Bloomberg terminals, a rundown of Blackstone's giant commercial real estate business, and a look at how PIMCO stocked up with $5.5 billion for private-credit strategies since the beginning of the year.

Have a safe and healthy weekend, 

Meredith 

Inside Blackstone's massive CRE business

Blackstone is the largest commercial real-estate investor in the world, with $160 billion in investor capital. Alex Nicoll chatted with Blackstone real estate's three heads of acquisition, and its head of debt origination, to learn more about their business. 

They spoke about some of their most interesting deals, and why Blackstone's global scale and thematic investing style is a huge advantage. 

Read the full story here: 

Meet the 4 dealmakers driving Blackstone's $325 billion commercial real estate portfolio. They walked us through how they're thinking about opportunities in the downturn.

A Facebook office deal is a key test 

The coronavirus crisis has thrown into question whether tenants will ever occupy office space the same way again as companies and workforces around the world grow accustomed to remote work.

Facebook has been in negotiations for months to lease over 700,000 square feet at the Farley Building on Manhattan's West Side. The rapid expansion of tech in recent years has propelled the city's office market, and Dan Geiger spoke with real-estate execs who laid out why Facebook's deal is a key barometer. 

Read the full story here:

A blockbuster Facebook office deal is a make-or-break moment for the future of commercial real estate. 3 leasing experts lay out the stakes.

Coming soon to a terminal near you

As remote work becomes a long-term reality, a technology staple of Wall Street is in store for a makeover. Mark Flatman, global head of core terminal at Bloomberg, told Dan DeFrancesco that the financial technology giant is considering ways to revamp its ubiquitous terminal.

One particular area of focus for Flatman and his team has been screen space, as many customers aren't working with the typical four-screen display. Another area that has gotten increased attention is mobile, where usage has jumped. 

Read the full story here: 

Bloomberg is eyeing big changes to its iconic terminals to make work-from-home easier. The exec leading its strategy laid out how he's rethinking screen space and mobile features.

A new pile of cash for private credit

Industry observers expect a surge in interest in specialized credit shops that have proven to be winners in distressed situations. And Bradley Saacks revealed how PIMCO has tapped into that demand, with sources saying that the fixed-income giant has raised $5.5 billion in private-credit strategies since the beginning of the year.

PIMCO's nearly $4 billion Tactical Opportunities fund lost roughly 15% in March, but was able to avoid forced selling, sources tell Business Insider, and even added to positions in the month. That fund alone has raised $250 million — and is just one of several private-credit funds that PIMCO has raised money for.

Read the full story here: 

PIMCO has raised $5.5 billion for private-credit funds despite a hellacious March — and is telling investors it's the best opportunity in a decade

A tax break for big companies with heavy debt

But some tax experts are concerned that the tax break is too indiscriminate: In addition to helping troubled companies, they say, boosting tax deductions on interest payments is going to give a lift to companies that aren't being hurt by the pandemic, or whose problems have nothing to do with the coronavirus. 

Read the full story here:

A $13 billion tax break tucked into the coronavirus stimulus plan will save some big companies tens of millions — even if they aren't ailing. Here's how it works and who could benefit.

On the move

Dakin Campbell reported that Goldman Sachs has hired the distressed-situations and bankruptcy expert Kurt Hoffman as a managing director in a business that handles one-off loans for clients. The move comes just as industries battered by the economic shutdown are in need of emergency financing. 

Investing and hedge funds

• SoftBank's brutal treatment of WeWork founder Adam Neumann shows that it has given up any hope for Silicon Valley and it's leaving a scorched landscape in its wake
• April hedge fund performance numbers are in — here's how big names like Third Point and Renaissance turned things around after a rough March
• WeWork pain is still hitting mom and pops' mutual funds as managers like Fidelity slash valuations further
• 'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach
• Steve Cohen's former right-hand man is launching his own fund. Here's everything we know about Tom Conheeney's EmeraldRidge Advisors.
• A data 'super contango' makes oil the new data, not the other way around. Here's why.

Careers

• Deloitte is delaying many of its full-time hires and switched summer internships to a 2-week online intro course. Here's everything we know.
• Jobs for thousands of young consultants are being upended. From delaying start dates to cutting internships, here's what 8 top firms are doing.
• Investment manager TIAA is offering 75% of its US employees buyouts and some could get their full salaries for nearly 2 years

Real estate 

• The CEO of real estate heavy-hitter Eastdil explains the types of deals that are must-do right now — and warns that a 'de-retailing' trend is set to accelerate
• Inside the drama over control of the iconic Chrysler Building: A real-estate tycoon and a prestigious college are renegotiating a critical $150 million deal

Fintech and e-commerce

Join the conversation about this story »

NOW WATCH: How waste is dealt with on the world's largest cruise ship

The former first daughter and her spouse welcomed a son on Monday.

Numéricable has selected the Calix E7-2 Ethernet Service Access Platform and gigabit passive optical network technology to upgrade its service delivery platform in Belgium and Luxembourg. Calix, along with optical specialist Arcadiz Telecom, will work closely to roll out Numéricable’s new high-speed broadband networks to deliver business services across the region. The new platform will enable Numéricable’s customers to take advantage of advanced voice, video, and data services at symmetrical speeds ranging from 30 megabits per second (30 Mbps) up to 1 gigabit per second (1 Gbps).

Numéricable serves over 150,000 customers in Brussels with triple-play services for residential subscribers. Owned by Coditel and with a close relationship to the French Numéricable organization, with whom it shares a range of resources, Numéricable Belgium is a long-established operator with a highly dispersed coax cable network. The company has traditionally delivered triple-play residential services over its hybrid fiber coax infrastructure, but in recent years has moved increasingly towards using its fiber to connect businesses and has developed a number of specific niche markets. The company is now looking at ways to maximize the potential of its fiber infrastructure in Belgium and Luxembourg and deliver revenue-generating advanced services to its business customers.

Netgem has joined the Wireless Broadband Alliance in October 2012. Founded in 2003, one of the aims of the WBA is to enable seamless data Offload for operators. The WBA and its industry leading members are dedicated to delivering high quality user experiences through technology innovation, interoperability and robust security.

Netgem strengthens its commitment to the WBA by announcing the launch of QUATTUOR, the first LTE mobile router with embedded Wi-Fi Offload. Netgem's next generation mobile router will be available in 2013 and has been developed for mobile operators that wish to differentiate their service offering and to maintain full control over their wireless connectivity manager. QUATTUOR will automatically choose the best available connection from 3G, 4G and Wi-Fi networks, placing the device firmly in line with the WBA's objectives. Based on a fully customised platform, QUATTUOR is designed to improve operators' data service profitability.

Thought banana bread couldn't get any better? Try this riff on our original banana bread recipe by adding cream cheese in big, bold swirls.

Continue reading "Cream Cheese Banana Bread" »

The author made sense in both the argument put forth as well as in accurately describing the actual policing festive season operations on the ground in the bustling and busy city centre of Durban.

Lake Louise, Banff and Calgary, Alberta Canada

The Outer Banks of North Carolina

The Amateur Traveler talks to Matthew Long from LandLopers.com about his trip to the West Bank or the Palestinian Authority. Mathew did day trips into this emerging state from Jerusalem and tells us about visiting Jericho and Bethlehem, the city of David. The Dead Sea was a well known highlight while Hisham’s Palace proved to be an unexpected highlight. The area boasts monuments dating back to the Jewish patriarch’s such as Rachel’s Tomb, where childless woman come to pray, and the ruins of the community of Qumran, where the dead sea scrolls were found. Do you know what you should skip doing the morning before you go to the Dead Sea? Matthew will tell you.

The Amateur Traveler talks to Francis Tapon from WanderLearn.com about Albania which has gone from a totally closed society 20 years ago to a destination that Lonely Planet ranked as the #1 destination for travel this year (that was before some of the recent protests. Francis says the because it was isolated for so long it created an exotic and unique culture. Abandoned bunkers still line the country from back when their fear of invasion had nothing to do with tourists. He recommends we start in the capital of Tirana and from there go to Krujë and its legendary Skanderbeg castle.

The Amateur Traveler talks to Sherry Ott again about a very recent trip to Lebanon. Sherry traveled to Lebanon as part of a program with a cultural exchange program with Geovisions which involved in a home stay. She stayed much of her visit in Beirut which at least used to be known as the “Paris of the Middle East”. Since that time Lebanon and Beirut in particular has come through a horrific civil war as well as a war with Israel. Now that peace has come again to the country Sherry could still see the scars from the prolonged conflict but also could enjoy the recovering city, the nightlife, shopping and food in Beirut. In March in Lebanon you can ski in the morning and go to the beach in the afternoon. She also had a chance to visit the historic city of Tripoli where she say the traditional souk and the ancient city of Sidon (Saida) which is over 6000 years old.

The Amateur Traveler talks to Audrey Scott and Daniel Noll about their recent trip to Bangladesh. Bangladesh is the most densely populated country, but all those people are one of Bangladesh's strengths."

Hear about hiking the Peaks of the Balkans trail in Albania, Kosovo, and Montenegro as the Amateur Traveler talks to Dan and Audrey from uncorneredmarket.com about this off the beaten track route in Europe.