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Jeff Bezos blasts into space on own rocket: ‘Best day ever!’

July 20, 2021 | Associated Press

The Amazon founder was accompanied by a hand-picked group: his brother, an 18-year-old from the Netherlands and an 82-year-old aviation pioneer from Texas — the youngest and oldest to ever fly in space.

Big infrastructure bill in peril as GOP threatens filibuster

July 20, 2021 | Associated Press

Tensions were rising Tuesday as Republicans prepared to block the vote, mounting a filibuster over what they see as a rushed and misguided process.

Critics take aim at charitable money sitting in donor funds

July 21, 2021 | Associated Press

Criticism has helped drive a Senate bill that would tighten the rules for donor-advised funds and aim to speed donations to charities.

Infrastructure spending bill fails first vote; Senate to try again

July 21, 2021 | Associated Press

The nearly $1 trillion measure calls for about $579 billion in new spending over five years on roads, broadband and other public works projects, to be followed by a much broader $3.5 trillion measure from Democrats next month.

August hearings set on Indiana election redistricting

July 22, 2021 | Associated Press

The hearings will be the first public steps by the Republican-dominated Legislature on the once-a-decade redrawing of election maps based on population shifts.

Big acquisition gives Kite Realty Group new markets, more clout for future growth

July 23, 2021 | Mickey Shuey

But the real estate investment trust might also face pushback from investors, largely because the acquisition follows five years of offloading dozens of debt-heavy properties.

Senators, White House in crunch time on infrastructure deal

July 28, 2021 | Associated Press

Despite several ongoing disputes, all sides — the White House, Republicans and Democrats — sounded upbeat that an accord was within reach as senators braced for a possible weekend session to finish the deal.

Philanthropic world skeptical of proposed federal legislation

July 30, 2021 | Susan Orr

A bill introduced last month in the U.S. Senate would add rules about how quickly donor-advised funds must distribute money to charity, but critics say the rules are unnecessary and could have the unintended consequence of hurting charitable giving.

Donor-advised funds are catching on as a tool for personal philanthropy

July 30, 2021 | Susan Orr

The number of donor-advised funds in the United States, the amount contributed to these funds and the amount distributed to charity from them have all seen significant growth, with no signs of a slowdown.

Editorial: Redistricting process should be transparent, non-partisan

July 30, 2021

We urge majority Republicans to refrain from using redistricting to make political gains, to punish lawmakers (of either party) with whom they might not agree, or to dilute the influence of underserved people.

Matthew Whiteside: Sustainability effort well intentioned, not well designed

July 30, 2021 | Matthew Whiteside

I fully support the sustainability mission of our city. We must take this seriously to remain competitive and to serve the greater good.

Tsunami of deferred debt is about to hit homeowners no longer protected by a foreclosure moratorium

August 1, 2021 | The Washington Post

Congress approved $10 billion in federal assistance to help homeowners pay off debt, but the program is moving so slowly that protections are expiring before states have figured out how to distribute the money.

Across from Bottleworks, contractor planning kindred project in Jungclaus campus

August 3, 2021 | Mickey Shuey

The owner of several buildings across Massachusetts Avenue from Bottleworks plans to redevelop the property in a similar but limited fashion with courtyards, residential units and new office and retail space.

Carmel council accepts criticisms, recommendations in Hotel Carmichael report

August 3, 2021 | Kurt Christian

The document criticizes the way the city’s administration and Carmel Redevelopment Commission handled the hotel’s construction and how it announced the project’s $18.5 million in cost overruns.

U.S. automakers pledge huge increase in electric vehicles

August 5, 2021 | Associated Press

Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.

Budget office: Infrastructure bill adds $256B to deficits

August 5, 2021 | Associated Press

Nearing decision time, senators are wrapping up work on the bipartisan infrastructure plan, and talks were under way late Thursday to expedite consideration and voting on the nearly $1 trillion proposal.

Indiana construction projects boom thanks to new budget plan

August 8, 2021 | Associated Press

The new state budget adopted in April by the Republican-controlled General Assembly is awash in federal coronavirus relief money, allowing the state to give sizeable funding to projects that had for years been shelved and left out of spending plans.

Purdue, foundation to build hypersonic technologies center at West Lafayette’s Aerospace District

August 9, 2021 | IBJ Staff

Purdue did not release a cost for the center, which will be administered by a new not-for-profit consortium that includes Rolls-Royce North America. The project comes on top of two other new aerospace projects the school announced in recent days.

Mayor unveils $166M anti-violence plan as part of city financial proposal

August 9, 2021 | Leslie Bonilla Muñiz

Indianapolis Mayor Joe Hogsett’s plan, funded largely with federal coronavirus relief, gives $33 million to traditional law enforcement efforts, $82 million toward community-led programming and $51.5 million toward “root cause” services like mental health care, hunger relief and workforce development.

City on firm financial footing with $1.3B budget proposal, Hogsett administration says