First Merchants among ‘World’s Best Banks’

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

Quarterly profit jumps for Hillenbrand

Batesville-based Hillenbrand is reporting fiscal second quarter net income of $463 million, up from $54.3 million during the same period last year. The quarter saw the completion of Hillenbrand's $761 million sale of the former Batesville Casket Co.... Read More

Union Health makes first donation to SMWC

Saint Mary-of-the-Woods College on Monday announced a three-year, $250,000 gift from Terre Haute-based Union Health. The funding will support the college's expansion of its online program designed to give paramedics a pathway to becoming registered nurses.... Read More

Construction progressing on Terre Haute casino

Officials with Kentucky-based Churchill Downs say construction crews are making progress on the $290 million Terre Haute Casino Resort. General Manager Mike Rich says the company is still targeting an opening date near the end of the first quarter of 2024.... Read More

USF names interim president

The University of Saint Francis says Dr. Lance Richey will serve as interim president. The university said Richey has handled the day-to-day responsibilities of the president's office since Rev. Eric Zimmer last month announced plans to step down.... Read More

Budget earmarks top $500 million

Spending on specific local projects climbed to $536 million in Indiana’s newest two-year budget. Such earmarks, routed through the State Budget Agency, have risen steeply in recent budget cycles — up from just $18 million in 2015.... Read More

Month of May brings big business to Indiana

The month of May is an opportunity to showcase the state's more than $1 billion motorsports industry. More than 350 motorsports-related companies call Indiana home. "It's amazing, that kind of investment," said IMS President Doug Boles. ... Read More

Enjoy Life Foods to close Jeffersonville operations

Illinois-based Enjoy Life Foods is planning to close its bakery operations at River Ridge Commerce Center in Jeffersonville. In a notice to the state, the company said it will begin several rounds of layoffs in July, ultimately impacting 105 employees.... Read More

Indy startup recognized for ‘World Changing Idea’

An Indianapolis-based period care startup has been named a finalist in Fast Company's World Changing Ideas Awards. Sunny, which has developed a novel menstrual cup and applicator, is included on the list that features big names such as Xfinity and Pandora.... Read More

Smithville workers picketing for better pay

Approximately 30 employees at Ellettsville-based telecommunications company Smithville are picketing while not at work. The Herald-Times reports the workers are seeking higher wages to fight increased healthcare costs and inflation.... Read More