Techies team with chamber to gain clout in Legislature
Organizers of the Indiana Tech & Innovation Council say a number of factors led to its creation, including the Religious Freedom Restoration Act that Gov. Mike Pence signed into law in 2015.
Government & Economic Development
Articles
After Carrier deal, will more manufacturers threaten to leave?
The state rarely has to dole out incentives to retain jobs. Experts differ on whether that’s likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
ISTA reboots after rough election
State Superintendent of Public Instruction Glenda Ritz’s re-election loss in November was a big setback for the Indiana State Teachers Association, leading some observers to wonder how much clout the organization still holds.
State won’t have enough cash to fulfill wish lists
Legislative leaders have sounded alarm bells over state revenue figures, saying lawmakers will need to take a cautious approach to investing in new programs such as expanding state-funded preschool and raising teacher pay.
State official barred from taking job with senior-living company
An Indiana state official in charge of regulatory oversight of nursing homes and residential care facilities has been barred from taking a job at a private company that runs senior living communities over ethics concerns.
Holcomb taps IEDC’s Schellinger for secretary of commerce
Jim Schellinger, a former Democratic candidate for governor, became president last year of the Indiana Economic Development Corp. In accepting the new position, he will retire from CSO Architects, where he had served as CEO, and sell his ownership stake.
Union president challenges Trump on Carrier job numbers
The union president slammed by Donald Trump on Twitter challenged the president-elect to back up his claim that a deal with Carrier Corp. would save 1,100 jobs in Indianapolis.
Teachers could grade ISTEP replacement test under proposal
An Indiana lawmaker has proposed having teachers grade the state's new standardized test as major decisions for the replacement of the current ISTEP exams loom.
Zionsville software firm planning new office, 190 hires
Zionsville-based Clear Software LLC is planning a major expansion that could transform it from a small startup into large tech firm with almost 200 workers.
Trump’s ‘retribution’ tax stirs questions, GOP resistance
Donald Trump’s threats to use taxes as “retribution” against U.S. companies that move jobs overseas are legally dubious, tax specialists say—and they’re prompting resistance from some Republican leaders who fear a coming era of economic protectionism.
City-County Council votes to expand downtown TIF district
Council members voted 24-1 to include in the TIF district the former General Motors stamping plant property and the Market East District.
Pharmaceutical firm plans $10.4M in new equipment, 60 jobs
The company has requested a tax break from Indianapolis officials on the project that would save it about $484,000 over eight years.
Some Indiana employers abiding by overtime rule, even though it’s in limbo
The rule—which raised the pay threshold for salaried workers to be exempt from overtime pay—would have affected about 87,000 Indiana workers if fully implemented as planned on Dec. 1. It’s now in limbo due to a court decision.
Trump threatens payback for U.S. companies that move abroad
President-elect Donald Trump is threatening to impose heavy taxes on U.S. companies that move jobs overseas and still try to sell their products to Americans.
Purdue University employees in flux amid overtime suspension
Purdue University will hold off on raising employees' salaries and changing job classifications in the wake of a last-minute suspension on a federal rule that would have expanded the pool of workers eligible for overtime pay.
Pence: Trump call with Taiwanese leader a ‘courtesy call’
The phone call drew an irritated response from China, whose foreign minister called the contact a "small trick by Taiwan" and noted that "healthy" U.S.-China relations hinge upon the so-called "one-China" policy.
Indiana sets record with 33 percent early voting in election
The overall election turnout of 58 percent of registered voters fell short of the level of 62 percent in 2008.
Former CIB chiefs try to avoid entanglement in legal fight involving Pacers
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
Trump claims victory at Carrier, but many manufacturing battles remain
Union workers and economists say pressuring individual factory owners won’t save U.S. manufacturing jobs lost to economic forces that are beyond the control of companies or the president.
House passes bill aimed at overhauling Dodd-Frank law
The House legislation is portrayed by its backers as a potential boon to regional or large community banks that didn't contribute to the financial meltdown, as opposed to the Wall Street powerhouses.