Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates.... Read More
The Cleveland Metropolitan School District has tapped Warren Morgan, chief academic officer for Indianapolis Public Schools, to lead its district of roughly 36,000 students next school year. Morgan will start as CEO of Cleveland schools in July. ... Read More
Indianapolis-based Ivy Ventures, a venture capital firm that targets early-stage hardtech, enterprise software and life sciences startups, officially launched this week with a $20 million investment fund.... Read More
The CEO of Warsaw-based OrthoWorx says a $30 million appropriation from the state's new two-year budget has created excitement within the state's orthopedic industry. The funding was provided to support efforts to attract and retain talent.... Read More
The Indiana Chamber of Commerce on Wednesday revealed the rankings of the 2023 Best Places to Work in Indiana. The list features 125 businesses representing more than 30 Hoosier cities and towns split among four categories based on employee count.... Read More
Officials will break ground Thursday on a more than $70 million mixed-use development in Broad Ripple. Known as Versa, the project will include more than 230 apartments, a 245-space parking garage, and 3,600 square feet of ground-floor retail space.... Read More
Warsaw-based Lakeland Financial Corp. and its subsidiary, Lake City Bank, on Thursday announced Kristin Pruitt has been promoted to president of both organizations. Pruitt most recently served as chief administrative officer for the financial institution.... Read More
Indianapolis-based Boomerang Ventures on Wednesday announced the appointment of Dick Aderman as studio director. Aderman, who previously served as an executive-in-residence at Boomerang, will lead the firm's venture studio arm.... Read More
The Indiana Broadband Office has designated Decatur County as the state's latest Broadband Ready Community. The designation, according to the state, shows a community has "taken steps to reduce barriers to broadband infrastructure investment."... Read More
Rural bank executives and crop insurance agents testified at a Senate hearing last week in support of a modernized crop insurance market that helps upstart producers manage growing risks, and supports food security.... Read More
The city of Greencastle and DePauw University are using a $250,000 planning grant from Indianapolis-based Lilly Endowment's College and Community Collaboration Initiative to create a plan to revitalize the corridor between the university and downtown.... Read More
The South Bend Common Council has given preliminary approval for tax abatement requests from Verbio North America, which last week acquired the South Bend Ethanol plant. If it receives final approval, the company would save about $16.5 million in taxes.... Read More
The parent of Indiana Automotive Equipment in Hancock County is continuing to grow its footprint. SLE Technologies, which provides sales and service for the automotive and heavy-duty vehicle repair industries, has acquired companies in Missouri and Wisconsin.... Read More
Bill Oesterle of Indianapolis, known for his wide influence in the spheres of entrepreneurship, politics and beyond, has died at age 57. Oesterle died at home early Wednesday from complications of amytrophic lateral sclerosis, or ALS.... Read More
An Amazon fulfillment center in Fort Wayne remained closed on Wednesday after an employee was fatally injured on Monday. Our partners at WPTA-TV report employees held a lantern memorial Tuesday night honoring their fellow employee.... Read More
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
