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Articles

City tweaks TIFs to boost affordable housing

June 11, 2021 | Mickey Shuey and Leslie Bonilla Muñiz

City officials are again refining expectations of developers who ask for help in financing projects, with the goal of increasing the affordable-housing stock and reducing the city’s long-term debt.

Senate passes $250B effort to boost U.S. tech industry, counter rivals

June 8, 2021 | Associated Press

The bill sponsored by Sen. Todd Young, R-Ind., and Senate Majority Leader Chuck Schumer, D-N.Y., includes $10 billion to fund regional technology hubs—one of which Indiana officials are hoping to land—for five years.

Jalene Hahn: Don’t wait: Have the money talk before you tie the knot

May 21, 2021 | Jalene Hahn

Existing debt is often a contentious topic especially if one party has a disproportionate amount. Deciding how to tackle the debt will impact other priorities.

Complaint alleges discrimination in woman’s home appraisals

May 18, 2021 | Associated Press

Carlette Duffy and the Fair Housing Center of Central Indiana filed complaints with the federal government, alleging appraisers violated fair housing laws. The appraisers, the complaints said, purposely used comparable sale prices that were unfair and racially motivated.

IRS to the rescue? Tax audits eyed for infrastructure cash

May 16, 2021 | Associated Press

President Joe Biden is proposing that Congress build up the depleted and often-maligned agency, saying that a more aggressive collection of unpaid taxes could help cover the cost of his multitrillion-dollar plan to boost infrastructure, families and education.

Panel: Diversifying tech requires intentionality

May 14, 2021 | IBJ Staff

IBJ’s annual Technology Power Panel on May 7 led to a lively discussion—moderated by IBJ reporter Anthony Schoettle—that focused in part on diversity in the tech sector.

Ponzi schemer Cochran escalates fight for early release on COVID grounds

May 5, 2021 | Greg Andrews

Jim Cochran, who is serving a 25-year prison sentence for his role in the Fair Finance fraud, says he has undergone a religious conversion that no longer makes him a risk to society.

IndyGo battling another potential financial hit from GOP as Legislature winds down

April 15, 2021 | Barb Berggoetz / Special to IBJ

A Republican senator won initial approval this week for an amendment that would require IndyGo to pay public utilities to relocate utility services to make way for new transit lines, a move that Democrats say goes against standard practice.

Poll: Only 15% of Americans worse off a year into pandemic

April 13, 2021 | Associated Press

While most Americans have weathered the pandemic financially, about 38 million say they are worse off now than before the outbreak began in the United States.

Biden says he’s open to compromise on infrastructure, but not inaction

April 7, 2021 | Associated Press

The president has taken heat from Republican lawmakers and business groups for proposing that corporate tax increases should finance a $2.3 trillion infrastructure package that goes far beyond the traditional focus on roads and bridges.

Multitude of creditors left high, dry as Celadon bankruptcy case closes

April 2, 2021 | Susan Orr

With most liquidation efforts complete, Celadon has raised only $75 million—$45 million short of the $120 million it needed to satisfy a loan from its secured creditors.

Eager to build infrastructure, Biden plans to tax businesses

March 31, 2021 | Associated Press

President Joe Biden wants $2 trillion to reengineer America’s infrastructure and expects the nation’s corporations to pay for it.

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Kristen Cooper: Ways male allies can support female startups

March 26, 2021 | Kristen Cooper

Historically, women have gone unfunded and have been underfunded while being expected to do more than their male counterparts. Male allies in C-suites can help by working to eliminate these often-overlooked forms of gender disparity.

Bullpen Tournaments still under review in Westfield, OK’d to expand to Kokomo

March 24, 2021 | Kurt Christian

The Westfield Redevelopment Commission voted unanimously Wednesday to table a petition that would retroactively formalize the city’s informal agreement with Westfield-based Bullpen Tournaments and approve another that expands its operations.

Will work-from-home conditions outlast virus? Ford’s move suggests yes

March 17, 2021 | Associated Press

Ford’s announcement sent one of the clearest signals to date that the pandemic has hastened a cultural shift in Americans’ work lives by erasing any stigma around remote work and encouraging the adoption of technology that enables it.

Congress OKs $1.9T pandemic relief bill along party lines

March 10, 2021 | Associated Press

Most noticeable to many Americans are provisions providing up to $1,400 direct payments this year to most adults and extending $300 weekly emergency unemployment benefits into early September. But the legislation goes far beyond that.

Independent restaurants getting economic relief they desperately sought

March 9, 2021 | The Washington Post

The $1.9 trillion package to provide economic relief for millions of businesses and individuals includes targeted relief money for independent restaurant operators, to the tune of $28.6 billion.

U.S. prepares to send relief checks, but big stimulus challenges loom

March 9, 2021 | The Washington Post

The sheer volume of new programs threatens to swamp federal agencies, including the Internal Revenue Service, leaving some lawmakers fearful about early delays.

Survey: Many Americans still feeling financial impact of pandemic

March 9, 2021 | Associated Press

A new poll finds COVID-19 has been devastating for some Americans, while leaving others virtually unscathed or even in better shape, at least when it comes to their finances.

Federal advisory board votes to drop controversial for-profit-college accreditor

March 5, 2021 | The Washington Post

The council gained notoriety for allowing for-profit chains Corinthian Colleges and Carmel-based ITT Technical Institute to remain accredited despite widespread findings of fraud.

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