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UK Board Considers More Than $100 Million in Investments in Future of UK Athletics – UK Athletics

LEXINGTON, Ky. — The University of Kentucky Board of Trustees on Thursday began consideration of proposed investments of up to $110 million in UK Athletics facilities over the next few years. The proposed investments — to be reviewed by the Board’s Athletics Committee Thursday before going to the full Board of Trustees on June 13 — are part of a new governing model and operating structure for UK Athletics, designed to grow revenues in anticipation of a new era in which student athletes can receive compensation in addition to their...
Upcoming Investments

GM pledges $4 billion in new U.S. manufacturing investments

General Motors: History, innovation, and legacyLearn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology.Two popular Chevrolet models will move to U.S. plants from Mexico.The plan is to produce gas-powered full-size SUVs and light duty pickup trucks at Orion Assembly in Michigan early 2027.GM also is retooling its Fairfax Assembly plant in Kansas and the Spring Hill Manufacturing plant in Tennessee.General Motors will invest $4 billion in three U.S. manufacturing sites over the next two...
USA Property

Why local governments might hike incomes taxes after property tax reform

Watch: Indiana public school teachers rally at Indiana StatehouseShaina Terano, a teacher at Belzer Middle School in Lawrence Township, discusses what her students could lose with SB 1, the proposed property tax reform bill.Indiana's SEA 1 will provide property tax relief to homeowners and businesses, with businesses receiving the largest cuts.Local governments can offset property tax revenue by increasing income taxes. That could mean some families pay over $1,000 more per year on income taxes.Cities across Indiana are evaluating the impact of SB 1 and considering measures like hiring freezes...
Upcoming Investments

Infrastructure Investments Propel Africa’s Mining Growth

Africa and its global partners are accelerating investments in regional corridors, prioritizing port, road and rail infrastructure to enhance mining operations. As logistics infrastructure takes center stage, the upcoming African Mining Week (AMW) will spotlight key projects and regional corridor developments, offering prime investment opportunities for global logistics and mining stakeholders. Trans-Guinean Railway: Advancing Iron Ore Exports In February 2025, the Winning Consortium Simandou awarded a $248 million contract to U.S. engineering firm Wabtec for locomotives supporting the Trans-Guinean Railway project. This railway will transport minerals from Guinea’s Simandou Iron...
USA Property

Indiana House passes massive property tax bill. Here’s who wins and loses

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.(Correction: This story was updated to reflect that the 10% property tax credit is off of a homeowner's bill, not their assessed value.)The Indiana House on Thursday passed its version of the signature property tax relief bill that has grown to also include reforms of local government finance.  The complex tax proposal in Senate Bill 1, which passed the...
USA Property

Indiana House releases property tax relief plan. Here’s what it does

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.Property tax relief has become one of the top debates of the 2025 legislative session with hours of testimony from concerned local officials, a veto threat from Gov. Mike Braun and a rally of hundreds at the Statehouse in March chanting “Where’s my money?”Three different property tax plans from Republicans have been presented at the Statehouse this year...
USA Property

DOGE cancels plans to close US Attorney’s Office in Corpus Christi

Musk ramps up DOGE as Tesla stock tanks, backlash growsTesla’s stock dropped about 15% on March 10. Still, CEO Elon Musk has no plans to slow down his work in the U.S. government.The Department of Government Efficiency has reversed its decision to close the U.S. Attorney’s Office for the Southern District of Texas in Corpus Christi.The closure was initially part of a plan to reduce federal spending by canceling or renegotiating real estate contracts.The Department of Government Efficiency no longer plans to close the U.S. Attorney’s Office for the Southern...
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