Indiana Gov. Eric Holcomb praised the Senate’s vote in a written statement. Holcomb and state economic development leaders are rooting for the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
Indiana economic development leaders have been hoping for passage of the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
The bill is being closely watched in Indiana, where manufacturers, research universities and economic development officials are rooting for its passage.
The petitions warn of the potential harm that more restrictive abortion laws could do to the state’s business climate, obstetric patients or religious freedoms.
Scale Computing CEO Jeff Ready said the $55 million investment will help the fast-growing company move closer to its goal of an initial public offering.
Indiana-based tech firms attracted a combined $166 million in investments last quarter, according to a report released this week by Indianapolis-based TechPoint. The quarterly total was up sharply from the first quarter, despite the nationwide tech slowdown.
With recession fears mounting, many big tech companies are rethinking their staffing needs. Here’s a look at some of the dozens of companies that are tapping the brakes.
Facebook announced Thursday that it’s overhauling the design of its flagship social network by elevating content from creators over posts from friends and family in an effort to fend off intensifying competition for users’ attention.
EnVista, which has 850 global employees and expects $185 million in revenue this year, is selling the commerce and transportation parts of its business to Germany-based Körber. Once the deal closes, 400 enVista employees, including its cofounder, will join Körber.
The announcement for the proposed plant came one day after the U.S. Senate voted to proceed with discussions on a $52 billion federal incentive package for semiconductor manufacturing and workforce development.
The 64-34 procedural vote on Tuesday night met the criteria set by Senate Majority Leader Chuck Schumer to add research and development initiatives circulated by Republican Todd Young of Indiana and Democrat Kyrsten Sinema of Arizona to the legislation, which could be passed by the Senate next week.
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
New York City-based Five Iron Golf’s planned facility is expected to feature 12 golf simulators as well as televisions, leisure games, a full-service restaurant and a bar.
Back in 2015, when FCC Chairman Tom Wheeler affirmed the current broadband standard, some internet access advocates already thought those speeds felt out of date. Those concerns are even more palpable in 2022, now that the glut of content to stream has grown even bigger
Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid.
The split is the culmination of years of paring by the massive American conglomerate, which signaled a shift away from a corporate structure that dominated U.S. business for decades.
The tech industry’s latest artificial intelligence constructs can be pretty impressive at some things. But they’re not so good—and sometimes dangerously bad—at handling other seemingly straightforward tasks.
Of all the industries in the country, health care might be the juiciest for cyberhackers. And around central Indiana, institutions large and small are paying the price.
The last day of the workweek, once synonymous with long lunches and early departures, has become the most common day to skip the office altogether.
