Business

Thursday’s business headlines

The latest business headlines

INDIANAPOLIS (WISH) – Here’s a look at Thursday’s business headlines.

Amazon

Amazon Care, the company’s virtual medical clinic for employees, is in talks with local public health organizations about using its logistics expertise to help deliver at-home corornavirus testing kits to people’s homes.

It would start just in the Seattle area.

CNBC says Amazon Car has specifically offered to help come up with a delivery plan, at no cost, so the kits can be delivered within a few hours.

Reportedly, it could start as early as Thursday.

IRS

The Internal Revenue Service said that high-deductible health plans can pay for testing and treatment for individuals related to the 2019 novel coronavirus without jeopardizing their status.

Some employees were holding back on promising free coronavirus testing for employees until the IRS had made its determination.

The IRS also noted that, as in the past, any

Stocks

It’s officially the end of the bull market.

That’s 20% from the all-time high. The Dow tumbled 1,464 points.

The S&P 500 and the Nasdaq also fell sharply on a failed stimulus plan and the World Health Organization declaring the coronavirus a pandemic.

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