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Articles

Trump threatens 50% tariffs on EU and 25% penalties on Apple as his trade war intensifies

May 23, 2025 | Associated Press

U.S. Treasury Secretary Scott Bessent said the goal is to have Apple bring more of its computer chip supply chain into the U.S.

Simon cites Indiana connections, lawsuit risks for redomiciling

May 23, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

One of the nation’s largest real estate companies has transferred its corporate registration back to Indiana from the state of Delaware.

IBJ Podcast: Explaining the Indy 500 tumult, Team Penske scandal and firings, and what’s important

May 23, 2025 | Mason King

Longtime motorsports journalist John Oreovicz joins host Mason King to explain the relevance of the latest Team Penske controversy and the firings of three top executives just days before the Indy 500.

House Republicans pass Trump’s big bill after all-night session

May 22, 2025 | Associated Press

Central to the package is the GOP’s commitment to extending some $4.5 trillion in tax breaks, as well as spending cuts and work requirements for Medicaid and nutrition assistance.

‘No tax on tips’ plan part of GOP budget bill. Here’s what it does.

May 21, 2025 | Associated Press

The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class.

Judge orders Pure Development to wind down operations

May 21, 2025 | Mickey Shuey

One of central Indiana’s largest commercial development firms will be turned over to a court-appointed receiver in the coming weeks following a legal battle between the co-owners.

Butler planning 6-story building for campus police, parking garage

May 20, 2025 | Mickey Shuey

The project, known as the Safety and Transit Hub, is part of Butler’s ongoing Gateway Project, a multifaceted effort to further develop areas of the main campus and portions of its Christian Theological Seminary property.

Ratepayer protection agency recommends against Duke’s coal-to-gas push

May 20, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

The state agency tasked with protecting utility consumers has asked regulators to reject Duke Energy Indiana’s plan to retire two coal-powered units and replace them with new natural gas units.

Report: Nippon increases investment pledge to $14B if U.S. Steel sale is approved

May 20, 2025 | Alex Brown, Inside INdiana Business

U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.

Trump’s big bill teeters as House conservatives demand more changes

May 19, 2025 | Associated Press

House Republicans narrowly advanced the sprawling package in a rare weekend vote late Sunday, but just barely, as GOP leaders promise more negotiations ahead.

IBJ Podcast: Whatever happened to downtown’s elevated People Mover?

May 19, 2025 | Mason King

The tram recorded roughly 6 million rider trips on a 1.4-mile track running between Methodist Hospital, University Hospital and Riley Hospital for Children. But it came to a screeching halt in 2019.

Trump’s big bill advances in rare Sunday vote as House conservatives negotiate changes

May 19, 2025 | Associated Press

Republicans advanced their massive tax cut and border security package out of a key House committee as deficit hawks who had blocked the measure two days earlier allowed it to move forward.

Once-hyped IU Health People Mover fades into oblivion

May 16, 2025 | Daniel Lee

IU Health’s People Mover is unusual—or it certainly was at the time it was conceived—because of its use of public right of way.

Rick Straw: Advance ‘Made in America’ agenda with tax cuts

May 16, 2025 | Rick Straw

Rather than settle for short term wins, let’s push for lasting change. Modifying the tax code to better attract and retain investment closer to home is the best path forward.

Conservatives block Trump’s big tax breaks and spending cuts bill in stunning setback

May 16, 2025 | Associated Press

Hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among other changes, before they will give their support.

IndyGo proposes bus-fare increase of 57%

May 15, 2025 | Taylor Wooten

Officials with the Indianapolis public transit system said the proposed increase would be the first since 2009 and is necessary to account for inflation and the increased cost of operating buses.

rop-indygo-030218-450bp.jpg

Divisions emerge among House Republicans over how much to cut taxes, Medicaid in Trump’s bill

May 14, 2025 | Associated Press

Republicans are racing to extend Trump’s tax breaks, which are set to expire later this year, while adding the new ones he campaigned on in 2024, including no taxes on tips, Social Security benefits and others.

EPA plans to weaken rule curbing forever chemicals in drinking water

May 14, 2025 | The Washington Post

EPA Administrator Lee Zeldin said the changes will “protect Americans from PFOA and PFOS in their drinking water” while providing “common-sense flexibility in the form of additional time for compliance.”

As Indiana manufacturing grows, ‘we clearly don’t have enough electricity,’ Braun warns

May 14, 2025 | Casey Smith, Indiana Capital Chronicle

Gov. Mike Braun warned that Indiana needs swift solutions for its bevy of water and energy “challenges” to support the state’s expanding manufacturing sector.

For sale: IEDC land purchased for LEAP project, but never used

May 14, 2025 | Whitney Downard, Indiana Capital Chronicle

After buying thousands of acres in Boone County to develop a technology park, the Indiana Economic Development Corp. quietly listed two properties for sale a month ago.

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