The U.S. Securities and Exchange Commission has reached a settlement in its civil case against former Celadon Group Inc. executives Eric Meek and Bobby Peavler, who were both accused of engaging in fraud before the Indianapolis-based trucking company filed for bankruptcy and ceased operations in 2019.... Read More
The U.S. Department of Energy is encouraging an Indiana coalition to proceed with effort to secure a portion of $7 billion in funding to establish a hydrogen hub. The Indiana coalition is one of 33 groups encouraged to move forward in its H2Hubs program.... Read More
After her consumer data privacy legislation died in the House last year, a Fort Wayne lawmaker says she’s totally reworked the language and is optimistic the proposal will gain a better reception this year. Sen. Liz Brown, a Republican, said Senate Bill 5 is “very very different” from the legislation that the General Assembly considered last year.... Read More
Fishers-based First Internet Bank says the downturn in the housing market is prompting its exit from the consumer mortgage business. The bank announced the news as part of its fourth-quarter and year-end 2022 financial report, which was released Wednesday afternoon.... Read More
Indianapolis-based Authenticx Inc., a business communications software company, has raised $20 million in venture funding. CEO Amy Brown said Authenticx plans to deploy its new funding in multiple ways, including hiring between five and 10 additional people.... Read More
Indianapolis-based venture studio High Alpha is making some changes to the way it cultivates tech startups, with an eye towards identifying a broader range of entrepreneurs to lead its portfolio of companies.... Read More
Muncie-based First Merchants Bank and the U.S. Department of Justice have agreed to end a settlement agreement that had been put in place in 2019 after the bank was accused of discriminatory lending practices in certain Indianapolis neighborhoods.... Read More
It might surprise you to learn that the federal government is ahead of the curve when it comes to blockchain technology—but it’s true, says SIMBA Chain CEO Bryan Ritchie.... Read More
Carmel-based Rangeline Solutions has been acquired by Sweden-based tech services firm Nexer Group, which says it plans to grow the Carmel office as part of its larger U.S. expansion plans. The companies declined to disclose the financial terms of the deal.... Read More
Indiana Wesleyan University has acquired the assets of financially troubled Indianapolis-based coding school Eleven Fifty Academy and will continue to operate it as a nonprofit, the university announced Friday after closing on the deal.... Read More
