Business & Economy

Grow With Google Training Launches In Indianapolis

Nov 10, 2017

Google’s Grow With Google initiative – a nationwide technology training tour – kicked off in Indianapolis Friday. The two-day conference is the beginning of a relationship between the tech giant and Indiana.

Nearly 2,000 Hoosiers registered for digital workshops and training with Google.

The initiative’s Community Engagement head Erica Swanson says Indianapolis is fifth in the country for growth in technology jobs.

OUCC Says I&M Rate Increase Too High

Nov 9, 2017

The state’s utility consumer advocate says Indiana-Michigan Power’s proposed rate increase is too high.

Indiana-Michigan Power’s increase would go towards infrastructure upgrades, such as replacing power lines and trimming trees to avoid outages. Customers could see their monthly bill go up by about $26.

But public testimony in the case has been overwhelming negative. Anthony Swinger is a spokesperson for the Office of Utility Consumer Counselor, which represents the public in utility rate cases. He says the OUCC concluded the utility doesn’t need that much.

At Indianapolis-based pharmaceutical giant Eli Lilly, 2,300 employees will take buyouts as part of the company’s effort to save money by cutting at least 2,000 jobs in the U.S. by the end of the year.

It’s unclear whether layoffs are still in the works in the Hoosier state.

Lilly said in September it would aim to save $500 million by cutting 3,500 jobs out of its more than 41,000 worldwide, with at least 2,000 cut in the U.S.

Stakeholders in Indiana are already weighing the GOP tax plan’s potential effect on workers.

Indiana Manufacturers Association lobbyist Andrew Berger says the plan’s most important pillar is its 20 percent corporate tax rate. He says it’ll let businesses make decisions about growing and investing based on what really matters.

“Not, ‘how do I best effectuate my tax liability?’” he says. “That’s what we’re trying to get out of this investment decision-making process.”

Northwest Indiana’s Lake Michigan port will get nearly $10 million from the federal government for infrastructure upgrades to boost its capacity.

The port of Burns Harbor is spending nearly $20 million total to add rail miles and railcar storage, truck handling facilities, dock space and a new cargo terminal. The U.S. Department of Transportation FASTLANE grant will contribute to that.

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