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Rubio says purge of USAID programs complete, with 83% of agency’s programs gone

March 10, 2025 | Associated Press

Secretary of State Marco Rubio said the programs “spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”

Sen. Young: US must prevail in AI race against China

March 10, 2025 | Susan Orr

Speaking at IBJ’s Technology Power Breakfast on Monday, U.S. Sen. Todd Young of Indiana also discussed the challenge of striking a balance between encouraging innovation in artificial intelligence and developing necessary guardrails.

Automakers want to start banks, hoping to benefit from lighter-touch rules

March 10, 2025 | The Washington Post

In addition to the three U.S. carmakers, several other nonfinancial businesses are interested in seeking regulatory permission to launch their own banks.

Council committee recommends $66M in bonds for Old City Hall redevelopment

March 11, 2025 | Taylor Wooten

The $249 million plan calls for rehabilitating the 116-year-old former municipal building at 202 Alabama St. and building a 387-foot tower with 186 apartments, 23 condominiums and 156 hotel rooms.

Virtual school funding in Indiana expected to spike

March 11, 2025 | Aleksandra Appleton, Chalkbeat Indiana

The two-year budget approved by Indiana House lawmakers and now moving through the Senate would increase per-student base funding for some virtual public schools by as much as 50%

House passes bill to fund federal agencies through September

March 12, 2025 | Associated Press

The measure moves to the Senate, where bipartisan support will be needed to get it over the finish line.

Mark Cuban to headline Global Entrepreneurship Congress in Indianapolis

March 12, 2025 | IBJ Staff

A program of the Global Entrepreneurship Network, the event is an annual convening of business and investment leaders from around the world.

Big Ten schools team up when it comes to cancer research

March 12, 2025 | Daniel Lee

Indianapolis has been awash in Big Ten logos amid the conference’s basketball tournaments. But Indy is home to another sort of Big Ten gathering—one focused on improving cancer research.

Environmental Protection Agency terminates $20B in grants for climate projects

March 12, 2025 | Bloomberg News

Administrator Lee Zeldin claims that the Greenhouse Gas Reduction Fund is part of a “scheme” administered by the previous administration without proper oversight.

Indiana House considers another property tax overhaul solution

March 13, 2025 | Cate Charron

Wednesday’s amendment to Senate Bill 1 marked the bill’s third major iteration this session, signaling that legislative leaders have not yet settled on the approach to lower property taxes.

Some universities freezing hiring, laying off staff amid federal funding cuts

March 13, 2025 | Associated Press

Over the last two weeks, more than a dozen institutions have announced limits on hiring for faculty and staff positions and other measures to tighten purse strings.

Deborah Daniels: Trump’s approach to cuts has not been constructive

March 14, 2025 | Deborah Daniels

While the concepts might have merit, the execution has been abysmal.

Pierre Atlas: Trump abandons our allies, American global leadership

March 14, 2025 | Pierre Atlas

If Ukraine falls, who will be next?

Jim Shella: The media, social media and Jim Banks

March 14, 2025 | Jim Shella / Special to IBJ

Numerous reports of the hacking were made to Meta by me and by friends and family, and there was no response.

Report: Venture investment in Indiana tech firms rose from 2023 to 2024

March 14, 2025 | Susan Orr

The Central Indiana Corporate Partnership report’s findings show that tech-industry funding has still not rebounded from the slowdown that began in 2022.

Bill roundup: Property taxes dominate the week

March 14, 2025 | Cate Charron

From property taxes to child care, here’s the status of some of the bills we’re watching this legislative session, which is expected to adjourn at the end of April.

Deputy Mayor Judith Thomas named new CEO of Indy Arts Council

March 14, 2025 | Dave Lindquist

Judith Thomas, a former president of the Madam Walker Legacy Center, will begin her tenure as leader of Indy Arts Council in mid-April.

Noblesville aims to create pedestrian-focused downtown

March 14, 2025 | Daniel Bradley

Downtown Noblesville is no stranger to construction, as any resident or business owner in the area can attest. And one of the largest projects yet is expected to begin next year.

Trump administration plans 25% staff cut at IRS taxpayer help office

March 17, 2025 | The Washington Post

The Taxpayer Advocate Service is part of the IRS but operates independently as its internal watchdog. It identifies major problems facing taxpayers, recommends fixes and assists people with individual problems.

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