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Yellen wins Senate approval as treasury secretary

January 25, 2021 | Associated Press

The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department’s 232-year history.

Brokerages limit trading in GameStop, sparking outcry from small investors

January 28, 2021 | Associated Press

Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms.

Westfield mayor sues clerk-treasurer for access to city’s financial information

February 9, 2021 | Kurt Christian

Mayor Andy Cook filed a lawsuit against Cindy Gossard on Jan. 14 to force her to cooperate with examiners performing a city-wide financial investigation and to prohibit her from contracting with a new city payroll vendor.

Biden treads carefully around Trump’s combative trade policy

February 9, 2021 | Associated Press

In his first weeks in office, President Joe Biden has wasted no time in dumping a batch of major Trump administration policies, but his administration seems intent on approaching trade with caution and deliberation.

Taft builds new lobby group with Ice Miller transplants

February 12, 2021 | Marilyn Odendahl

The former Ice Miller employees—including Lacy Johnson and John Hammond III—will form the core of Taft’s new 14-member Public Affairs Strategies Group, 11 professionals plus three support staffers.

States eye flurry of new taxes on Amazon, Facebook and Google

February 12, 2021 | The Washington Post

State lawmakers around the country are exploring a range of new taxes targeting Internet giants, seeking to capture some of Silicon Valley’s eye-popping profits and soaring share prices in the midst of the coronavirus pandemic.

Carmel Council to consider establishing formal investigations process

March 1, 2021 | Kurt Christian

A council member’s investigation into the Hotel Carmichael’s cost overruns and a city employee’s complaint hit a roadblock, so she’s co-sponsoring two proposed ordinances intended to provide guidance related to the council’s investigatory powers.

Casino exec Ratcliff permanently banned from Indiana gambling industry

March 2, 2021 | Lindsey Erdody

Rod Ratcliff, the former chief executive for Centaur Gaming and Spectacle Entertainment, reached a settlement agreement with the Indiana Gaming Commission that requires him to sell his remaining casino ownership shares.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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