Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. Prices increased 0.4% from March to April, the government said Wednesday.... Read More
Lilly Endowment Inc. has awarded a more than $2 million grant to the Historic New Harmony program at the University of Southern Indiana. The funding is earmarked for several projects, including the restoration and renovation of two historic buildings.... Read More
The Noblesville City Council on Tuesday night approved project terms for a new $36.5 million arena that will house the Indiana Pacers’ developmental league team.... Read More
A not-for-profit in Marion is partnering with Conexus Indiana to provide training to prepare people with disabilities for careers in advanced manufacturing. Carey Services plans to implement the Catapult Indiana program.... Read More
Indianapolis-based logistics company Draco has consolidated some of its operations to a newly-completed facility in the Mount Comfort Logistics Center. Ambrose Property Group said the company has invested $2.5 million in the facility.... Read More
Ball State University has appointed Kimberly Howe Ferguson as director of its Entrepreneurship Center. Ferguson, who is the owner of Patterson Block Muncie, will also serve as an assistant lecturer of management in the Miller College of Business.... Read More
Indianapolis-based M.D. Architects has acquired a company in Seattle that also specializes in planning and designing animal and human health care facilities. Company officials declined to disclose the terms of the deal.... Read More
Indiana University Health has added Fort Wayne Neurological Center to its ranks. The specialty practice, which has more than 100 employees, focuses on the study and treatment of conditions such as multiple sclerosis, Alzheimer's disease, and more.... Read More
An exterior cleaning services company has received a microloan from the One Fund Loan Program created by One Southern Indiana. The organization said the loan for Patriot Mobile Wash is the first non-emergency use of the fund since its inception last year.... Read More
An Indiana agency says the state’s gasoline tax will go up by one cent this summer under an annual increase that Republican legislators voted recently to extend. The fuel tax that goes toward infrastructure projects currently rings in at 33 cents a gallon.... Read More
As part of the new two-year state budget, the Indiana General Assembly approved $30 million in economic development funds for the Northeast Indiana Strategic Development Commission. ... Read More
Bedding provider Tempur Sealy, which has a growing presence in Indiana, has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion. Mattress Firm operates more than 2,300 retail locations and an e-commerce platform. ... Read More
Illinois-based Baxter International Inc. this week announced plans divest its BioPharma Solutions business to Advent International and Warburg Pincus, private equity firms headquartered in Boston and New York, respectively, in a $4.25 billion deal. ... Read More
A planned expansion of the Indianapolis Cultural Trail will border two attractions planned for southwestern downtown Indianapolis: an Indy Eleven soccer stadium and a new White River State Park green space. The expansion is expected to cost $21.2 million.... Read More
The Indiana Department of Education on Monday said 19 new schools throughout the state are now STEM certified. The certification program recognizes schools committed to teaching science, technology, engineering and math disciplines beyond the classroom.... Read More
The Indiana Medical Licensing Board will hold a hearing later this month on a complaint against Indianapolis OB-GYN Dr. Caitlin Bernard, despite an attempt by the Attorney General’s Office to further delay the matter.... Read More
Evansville-based Escalade is reporting a first quarter net loss of $952,000, compared to net income of $6.7 million during the same period last year. The sporting goods and recreational equipment manufacturer said sales declined 21.3% to nearly $57 million.... Read More
A worker died after being injured at an Amazon warehouse in Fort Wayne in an incident that closed the facility for the rest of the day Monday, authorities said. The death is under investigation, but additional details were not immediately released.... Read More
A veteran tool and die maker in Starke County is venturing out on his own with a new machine shop in the Knox Industrial Park. Wakal Machining broke ground on a new facility, which co-founder Bill Wakal says will fill a gap for machining services in the area.... Read More
Muncie-based First Merchants Corp. is included in the Forbes' 2023 list of "The World's Best Banks." The list is based on an online survey of more than 48,000 people around the world who rated their banks on criteria such as general satisfaction and trust.... Read More
