Business

Business
7:42 am
Fri January 3, 2014

Amazon begins collecting IN sales tax

Hoosiers shopping on Amazon.com are now being charged sales taxes on their purchases. The online retailer’s new policy is part of a settlement it made with Indiana back in 2012.

The Indiana-based mall operator Simon Property Group sued Indiana in 2011, saying it was giving Amazon an unequal business advantage by not requiring it to charge sales tax.

Amazon doesn’t collect sales tax in most states. State Budget Director Brian Bailey says the difference between those states and Indiana is that Amazon has four distribution centers here.

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Business
6:26 am
Tue December 31, 2013

IN electricity rate and use forecast

Electricity rates are expected to increase more than 30% by 2023, but demand is predicted to be largely stagnant. That’s according to a State Utility Forecasting Group report released Monday.

The rate increases predicted over the next decade are being attributed largely to the investments energy companies must make to meet new environmental standards such as caps on mercury emissions.

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Business
3:34 pm
Wed December 4, 2013

TSA clears Indy International Airport for new pre-check program

Travelers at the Indianapolis International Airport can opt into a new program starting Wednesday to bypass some of the hassles involved with airport security.

Those who opt into the Transportation Security Administration’s pre-check program must undergo a background check. Once in the program, travelers can leave their shoes, belts, and jackets on, and don’t have to pull out laptops and liquids from their bags while going through airport security.

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Business
4:42 pm
Mon December 2, 2013

Krannert's new, full-time MBA program for STEM professionals

Less than a month after announcing a weekend MBA program for STEM Professionals, Purdue’s Krannert School of Management is announcing another.

Dean Chris Earley says it’s the same offering but in a different format. The MBA for STEM professionals on campus begins next year, while the weekend program kicks off in Chicago a year later.

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Business
1:24 pm
Tue November 26, 2013

Downtown Lafayette hosts Small Business Saturday

Downtown Lafayette shops and restaurants want to lure in customers through Small Business Saturday.
Credit Visit Lafayette-West Lafayette

Merchants in downtown Lafayette want holiday shoppers to know they have something to offer.

The shops are celebrating Small Business Saturday this weekend. It’s designed to draw customers to mom-and-pop stores on Main Streets across America.

Diane Gee owns Grateful Heart Gallery and Gifts. She says while she and her neighboring storeowners don’t have everything, they have something unique.

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Business
9:15 am
Tue November 19, 2013

"Growing Ag Leaders" pilot program includes IN

According to a U.S Department of Agriculture report, roughly 25,000 agriculture jobs go unfilled each year.

To address the issue, Monsanto and the National F.F.A. are partnering to encourage more students pursuing a degree in the field.

Most of Indiana is part of their scholarship pilot program, including Tippecanoe and surrounding counties.

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Business
8:17 am
Thu November 14, 2013

Greater Lafayette looks to recruit, retain top talent

Human resources representatives of Greater Lafayette companies are working to attract and retain young professionals.

They were part of a daylong discussion on the topic sponsored by Tippy Connect, Purdue and Greater Lafayette Commerce.

One issue they’re dealing with is what’s available for young professionals to do outside of work.

Tippy Connect president Brianne Keyes says she was not surprised by any of the points brought up, but she thinks executives learned quite a bit.

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Business
9:09 pm
Mon November 11, 2013

Relationships to Partnerships event at Purdue

Purdue is hosting its annual Relationships to Partnerships event Friday, Nov. 15.

It’s designed to help minority and women business owners connect with other companies throughout Indiana.

The university’s Office of Supplier Diversity Development cosponsors the daylong conference. Director Jesse Moore says bringing so many different businesses together benefits everyone involved.

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Business
8:47 am
Mon November 11, 2013

IN Sheep and Wool checkoff program

The official number of Indiana sheep producers recognized to vote to establish the checkoff program was 1,833 this spring.
Credit Purdue Extension

The sale of wool or sheep in Indiana will have a special assessment tacked on to it beginning next month.

Members of the industry approved the checkoff program this summer after a petition initiated the process last year. The 0.5% assessment for each transaction is expected to raise $30,000-$40,000 annually.

Jerry Fankhauser, assistant director of the Office of Agricultural Research at Purdue (ARP), administered the check-off process. ARP is within the College of Agriculture.

He says funds may be used for promotion, consumer and producer education, and research.

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Business
3:41 pm
Thu November 7, 2013

State seeking feedback from NIPSCO customers

The Office of the Utility Consumer Counselor is taking input from customers of Northern Indiana Public Service Company (NIPSCO) on a proposed natural gas rate hike.

The Merrillville-based company has proposed the rate hike to fund system wide improvements totaling $713 million.

The planned projects are throughout NIPSCO's natural gas service territory. Those include replacement of aging infrastructure, new transmission mains, the installation of automated valves, and expansion into rural areas that currently do not have natural gas service.

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