Indiana-based banks, and publicly traded banks nationwide, have seen their stock prices take a beating this year—but bank executives and analysts are optimistic the slump is nearing an end. Unlike bank stocks, the broader S&P 500 has shown consistent growth.... Read More
The Indiana district of the U.S. Small Business Administration is sharing a look at how much funding was directed to local businesses throughout 2023.... Read More
Starbucks said Friday it’s committed to bargaining with its unionized workers and reaching labor agreements next year, a major reversal for the coffee chain after two years fighting the unionization of its U.S. stores.... Read More
Indiana's revenue collections fell below estimates for the second consecutive month in November. The Indiana State Budget Agency said Friday that General Fund revenues last month totaled nearly $1.4 billion, which was 3.2% lower than the April 2023 forecast.... Read More
CertaSite, a commercial fire protection company headquartered in Indianapolis, announced this week that it has acquired Copp Systems.... Read More
For the first time in 20 years, commercial air service will return to the West Lafayette/Purdue University Airport next year, the university announced Friday. Purdue is partnering with Surf Air Mobility to begin scheduled commuter air service between...... Read More
Indianapolis-based High Alpha Innovation is halfway to its fundraising target for a new $35 million fund that will target startups rooted in the University of Notre Dame and the surrounding South Bend-Elkhart area.... Read More
The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing.”... Read More
A candidate for Congress won an injunction from a Marion County court late Thursday after the judge found a state law that limits who can run on a primary ballot is unconstitutional. ... Read More
Schools paying athletes has been banned by the NCAA for decades, but a new proposal by the head of the largest college sports governing body in the United States is aimed at changing that.... Read More
A couple operating a shooting range on their property without the proper permitting failed to find relief from an order in favor of the local planning commission.... Read More
Fort Wayne-based Ambassador Supply is once again adding to its portfolio. The company announced Thursday it has acquired Ideal Steel, a manufacturer of pre-engineered steel buildings and components headquartered in Broussard, Louisiana.... Read More
Indianapolis-based Palmer Trucks is marking the opening of its expanded Kenworth commercial truck dealership in Fremont. The company has invested $650,000 to relocate the dealership to a larger location at the intersection of I-69 and the Indiana Toll Road.... Read More
The owner of Rock-Cola Cafe on the east side of Indianapolis is nearing the final stages of bringing an iconic chocolate drink to the masses. After pandemic-related delays, Dan Iaria is now ready to begin manufacturing Choc-Ola to be sold on store shelves.... Read More
Our 7th and final Engage Indiana event of 2023 rolled into Central Indiana this week for discussion on issues shaping the region, including the future of downtown Indianapolis. We’ll examine a $1.7B pipeline of projects and its potential impact.... Read More
The Ivy Tech Community College Board of Trustees on Thursday approved a $60 million capital improvement project on its Fort Wayne campus. The project includes a new nursing and health sciences facility, as well as renovations to college's Coliseum Campus.... Read More
Warsaw-based Wildman Business Group is ending the year with its third acquisition of 2023. The company has acquired Michigan-based Northern First Aid, though financial terms of the deal are not being disclosed.... Read More
Home loan financing costs eased again this week, as the average long-term U.S. mortgage rate slid to its lowest level in four months. The average rate on a 30-year mortgage dropped to 7.03% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. ... Read More
The School City of Hammond could discontinue its bus service to students after residents voted against a continuation of the northwest Indiana district's operating referendum. The Hammond school board voted 3-2 to give notice it may end its bus service.... Read More
A crowdfunding campaign seeks $15,000 to preserve Mishawaka's The Res and expand residents' access to green space with a new bridge. The Res is a 23-acre wooded area outside Mishawaka and was established as a Boy Scout Reservation in 1920.... Read More
