Treasury Secretary Jacob Lew said Monday the Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries.
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
Few U.S. industries are tying their fortunes to overseas markets as aggressively as the technology sector, where new sources of revenue are often just a matter of equipping people with a computing device and an Internet connection.
President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.
Indiana Gov. Mike Pence, first lady Karen Pence and state officials will travel to the United Kingdom on Saturday for an economic development mission to bring jobs and investment to Indiana.
Indiana Gov. Mike Pence is leading a group of business and community leaders on a jobs mission to the United Kingdom next month.
The delegation plans to visit Japan, South Korea and Taiwan for two weeks beginning Saturday.
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
Coinciding with Gov. Mike Pence’s economic development trip to Germany this week, three German companies agreed to hire more than 100 workers in Indiana.
The governor's office says Pence will leave Saturday, leading an eight-person group that includes first lady Karen Pence and state Commerce Secretary Victor Smith.
Indiana economic development officials have renewed talks with Pakistan-connected developers who want to build a major fertilizer plant in southwestern Indiana, one year after the state withdrew its support for the project over national security concerns.
U.S. Steel and Steel Dynamics Inc., which have thousands of employees in Indiana, are among steel companies who say they have been unfairly harmed as imports of the products are sold more cheaply than domestic producers can make them.
Shielding items from customs duties has become cheaper, quicker.
From baring the sole of one’s shoe to giving a time piece and chilling the wine, opportunities to offend abound.
The Blue Cross and Blue Shield Association will form a combined provider network with London-based Bupa that will collectively include more than 11,500 hospitals in more than 190 countries, the partners said Thursday.
Allegion PLC’s plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
Purdue finished second in international enrollment among public universities, with 9,509 students in the 2012-13 academic year. IU finished 13th, with 6,547.
Rick Pease was hired by the state after a 30-year career at Columbus-based Enkei America, the North American division of a global automotive supplier.
Fewer than 20 percent of Purdue students participate in international study programs before graduating, and one of university President Mitch Daniels' new initiatives is to increase that to one-third of some 30,000 undergrads.
