Critics take aim at charitable money sitting in donor funds
Criticism has helped drive a Senate bill that would tighten the rules for donor-advised funds and aim to speed donations to charities.
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Indiana files appeal in federal pandemic unemployment case
State officials argued in their court filings Monday that a Marion County judge “abused” his discretion last month by ordering Indiana to resume participation in the benefit programs.
Purdue: 60% of students fully vaccinated against COVID-19
The vaccination rate for Purdue students is about twice the rate of individuals ages 16-29 across the state, the school said.
Big infrastructure bill in peril as GOP threatens filibuster
Tensions were rising Tuesday as Republicans prepared to block the vote, mounting a filibuster over what they see as a rushed and misguided process.
Jeff Bezos blasts into space on own rocket: ‘Best day ever!’
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.
Four companies on verge of settling U.S. opioid lawsuits for $26B
The national settlement is expected to be the biggest single settlement in the complicated universe of litigation over the opioid epidemic in the United States. It won’t end the cases, but it would change them.
IndyCar inks new NBC Sports deal with 13 events set for flagship channel
Jon Miller, president of NBC Sports programming, said the extension was a three-year deal and that NBC Sports is proud of the growth it’s seen since it acquired the entire IndyCar schedule in 2019.
NIL era brings cautious optimism to college-town businesses
Small business owners in college towns are sorting out just what it means to strike an endorsement deal with athletes who are now free to profit from the use of their name, image and likeness.
Peyton Manning teams up with brother, ESPN for MNF MegaCast
ESPN has finally landed former Indianapolis Colts quarterback Peyton Manning as a “Monday Night Football” commentator. It’s just not in a way anyone expected, and it won’t be for the full season.
NCAA hit hard by pandemic last fiscal year, spent $68M on legal fees
Revenue was down more than 50% over the previous fiscal year, from more than $1.1 billion to just more than $520 million, mostly because the lucrative college basketball tournaments were canceled as the coronavirus hit the United States early in 2020.
Stocks skid as virus fears shake markets; Dow falls 2.1%
Indianapolis-based shopping mall owner Simon Property Group was among the companies hit hard Monday, with its stock falling 5.9%, to $117.19 per share.
UPDATE: Federal judge affirms Indiana University vaccine requirement
The judge held a hearing on the case last week and wrote in his ruling dated Sunday that evidence so far shows that IU has pursued a reasonable policy in the “legitimate interest of public health for its students, faculty and staff.”
Travel stocks slump over spike in nationwide coronavirus cases
Stocks were down broadly Monday out of concern over rising infections in many countries, and airline and cruise line stocks were hit especially hard.
U.S., allies blame China for massive Microsoft Exchange hack
U.S officials allege that China’s Ministry of State Security has been using criminal contract hackers who have engaged in cyber extortion schemes and theft for their own profit, officials said.
With pandemic worsening in U.S., surgeon general expresses concern
While U.S. case numbers and hospitalizations are still far below levels from the worst of the pandemic early this year, Dr. Vivek Murthy said the worsening situation shows the need to convince more people to get inoculations.
Senator: Bipartisan infrastructure bill loses IRS provision
The proposal to go after taxpayers who skip out on income taxes initially had potential bipartisan appeal, but outside groups came forward to lambaste it as a way to enable the IRS to snoop around Americans’ personal finances.
Indiana preservationists to focus on animals in architecture
Indiana Landmarks, a statewide preservation group, and the Indiana War Memorials Commission is hosting the Indy Downtown Safari on July 31.
Pfizer says U.S. regulators agree to ‘priority review’ for COVID vaccine
Vaccines cleared for emergency use still must undergo the stringent full approval process, a step that might help persuade some people who aren’t yet immunized to roll up their sleeves.
NCAA’s Emmert: It is time to decentralize college sports
NCAA President Mark Emmert said the NCAA’s more than 1,100 member schools should consider a less homogenous approach to the way sports are governed and re-examine the current three-division structure, which includes 355 Division I colleges.
Colts, 3 other NFL teams remain under 50% vaccinated, source says
Pittsburgh, Miami, Carolina and Denver have the highest vaccination rates and are among 10 teams that have achieved at least 85%.