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Global watchdog proposes tax overhaul for Big Tech

October 12, 2020 | Associated Press

If countries don’t all agree on the new tax rules, the Organization for Economic Cooperation and Development warned there’s a risk of a global trade war triggered by individual countries launching their own digital services taxes to help their recovery from the pandemic.

Social Security recipients to see modest increase in 2021

October 13, 2020 | Associated Press

The cost-of-living adjustment, or COLA, affects the personal finances of about 1 in 5 Americans, including Social Security recipients, disabled veterans and federal retirees, about 70 million people.

Kim & Todd Saxton: This is why it’s never ‘just business’

October 16, 2020 | M. Kim Saxton and Todd Saxton / Special to IBJ

What leads to a strong and sustainable business? We’d like to suggest three aspects leaders need to pay attention to: values, relationships and balance.

KIM: ‘Rich’ is different from ‘wealthy,’ and time is key to success

October 23, 2020 | Mickey Kim

Rich is current income and easily seen in people’s car or house, either live or in their Instagram fairy tale. Wealth is what you don’t see.

Hotels’ vacancy woes cause debt headaches

November 6, 2020 | Mickey Shuey

With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.

Sheila Kennedy: America is being penny wise and pound foolish

November 6, 2020 | Sheila Suess Kennedy

Despite Donald Trump’s sneering disinclination to help “mismanaged blue cities,” the current state and local government financial crisis is a result of the pandemic, not incompetent governance. And this crisis isn’t limited to Democratic jurisdictions.

State Board of Accounts finds noncompliance in Westfield’s Bullpen contracts

November 9, 2020 | Kurt Christian

A state-level review of Westfield’s 2018 finances found city officials failed to comply with state laws and guidelines when they entered into an informal agreement with Bullpen Tournaments.

Study: Walmart, McDonald’s have most workers on food stamps, Medicaid

November 18, 2020 | The Washington Post

A sizable number of the recipients of federal aid programs such as Medicaid and food stamps are employed by some of the biggest and more profitable companies in the United States.

Biden expected to tap ex-Fed chair Yellen to lead treasury

November 23, 2020 | Associated Press

Former Federal Reserve Chair Janet Yellen would be the first woman to lead the Treasury Department in a line stretching back to Alexander Hamilton in 1789.

High Alpha launching new firms at torrid rate

November 27, 2020 | Anthony Schoettle

The venture firm has been gaining altitude since the venture studio launched in 2015, but with eight tech startups introduced this year, it’s entered a new stratosphere.

2020 CFO of the Year: Camille “Camy” Broeker

December 11, 2020 | Tom Harton

Camille Broeker is responsible for the financial oversight of the IUPUI campus, including its $1.65 billion operating budget.

2020 CFO of the Year: Matt Hawkins

December 11, 2020 | Tom Harton

Under Matt Hawkins’ leadership, Ivy Tech has increased its net unrestricted funds from $331 million to $507 million, and the school’s investment portfolio has exceeded its investment income goals by $33 million.

After a long campaign by anti-corruption groups, Congress bans anonymous shell companies

December 11, 2020 | The Washington Post

A groundbreaking measure to end the creation of anonymous shell companies in the United States cleared Congress on Friday as the Senate joined the House in passing a defense-spending bill with a veto-proof margin.

Indiana, nine other states sue Google for ‘anti-competitive’ online ad sales

December 17, 2020 | Associated Press

The states are accusing the search giant of “anti-competitive conduct” in the online advertising industry, including a deal to manipulate sales with rival Facebook.

Lawmakers reach compromise over GOP proposal to rein in Fed’s powers, clearing path for a stimulus package deal

December 20, 2020 | The Washington Post

The breakthrough came after two days of scrambling that sent tremors across Capitol Hill, as lawmakers realized that a deal badly desired by both sides could fall through at the last minute.

Influential person: Mitch Daniels

December 23, 2020 | Sam Stall

The Daniels administration used budget cuts and the renegotiation of dozens of state contracts to turn Indiana’s budget deficit into a surplus.

Steak n Shake in tight spot as key debt deadline looms

January 15, 2021 | Greg Andrews

The chain nearly broke even in the latest quarter it reported, no small feat after losing a combined $29 million in 2018 and 2019.

Ratcliff sues Indiana Gaming Commission for suspending his license

January 20, 2021 | Lindsey Erdody

In a lawsuit filed Tuesday, longtime casino executive Rod Ratcliff argues that the commission violated his right to due process and says he believes the commission is trying to force him to sell his interests in the new Gary casino to Hard Rock International, a partner in the project.

7 credit card perks to prioritize in 2021

January 20, 2021 | Associated Press

An annual fee is worth paying on a credit card only if the rewards and perks more than offset the cost.

Pete the Planner: Don’t share details with kids until you have to

January 22, 2021 | Peter Dunn

Those very close to you—even well-adjusted adult children raised by you—will struggle to contextualize your balance sheet, which often becomes a detriment to their financial existence.

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