News

Purdue University is expanding its physical footprint to the nation’s capital to heighten the university’s presence in the national security, microelectronics and applied research sectors. ... Read More

Goodwill of Central and Southern Indiana says the Indiana General Assembly approved an additional 1,650 seats for The Excel Center, Goodwill's high school for adults. The approval includes expanding the seat offerings at a few existing schools and establishing new schools in Indiana. ... Read More

ndiana lawmakers gave charter schools major funding boosts in the next state budget after advocates ramped up lobbying efforts in the 2023 legislative session to extend more benefits to the traditional public counterparts.... Read More

Indianapolis Mayor Joe Hogsett soundly defeated Democratic challenger Robin Shackleford in Tuesday’s primary election, setting up a November showdown with Jefferson Shreve, a largely self-funded millionaire candidate who handily won the GOP nomination.... Read More

A pair of traditional looking glasses that project subtitles for a deaf or hard of hearing person wearing them is the bold vision of two recent University of Notre Dame graduates. The duo has its first prototype and a startup that quickly raised $300,000..... Read More

Elkhart-based Patrick Industries has acquired BTI Transport, a marine transportation company also headquartered in Elkhart. Financial details were not disclosed, but Patrick said the acquired company will now operate as Patrick Marine Transport.... Read More

Carmel-based KAR Auction Services Inc. is changing its corporate name to OpenLane Inc. effective May 15 and will also use the OpenLane name for its online used-vehicle marketplaces in the U.S., Canada and Europe, the company announced Tuesday.... Read More

The Community Foundation of Elkhart County is awarding more than $3.4 million in grants to dozens of nonprofits and programs countywide. The foundation said the grants focus on categories including kids and families, career pathways, and placemaking.... Read More

Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) says the U.S. Department of Agriculture has provided a conditional license for the nation’s first and only approved therapeutic solution to treat canine parvovirus, a contagious virus that kills 90% of dogs if they’re not treated. ... Read More

Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net earnings of $232.5 million, compared to $14.2 million during the same period a year ago. The orthopedics device manufacturer says it achieved Q1 net sales of $1.8 billion, an increase of 10% over the prior year period.... Read More

The latest reading of the Purdue University/CME Group Ag Economy Barometer shows farmer sentiment improved modestly last month as they appear more optimistic that interest rates could level off, or even decline in the year ahead. ... Read More

The president and CEO of Verbio North America Holdings Corp. says the decision to acquire South Bend Ethanol plant was part of a six-month search for a location to expand the company's ethanol and renewable natural gas production operations. ... Read More

Frankfort-based The Farmers Bank has selected Christopher Cook as its next president and CEO. Cook currently serves as chief financial officer for Huntington-based Northeast Indiana Bancorp, the parent of First Federal Savings Bank.... Read More

The founder and CEO of Fort Wayne-based Navigate Maternity has been awarded the inaugural Pioneer Award from the Northeast Indiana Regional Partnership. ... Read More

The Electric Works innovation district in Fort Wayne was recently added to the National Register of Historic Places. Ancora, the lead developer of Electric Works, says the listing is the initial stage of qualifying for federal preservation tax credits.... Read More

Columbus-based Cummins Inc. (NYSE: CMI) is reporting record first quarter net income of $790 million, compared to $418 million during the same period a year ago. The powertrain manufacturer says it also saw record Q1 revenues of $8.5 billion, up 32%.... Read More

A bipartisan group of two dozen lawmakers is asking the Securities and Exchange Commission to put the brakes on an initial public offering by Chinese fast-fashion retailer Shein until it verifies it does not use forced labor from the country’s predominantly Muslim Uyghur population.... Read More

Despite billions in state reserves, fixed income retirees who are part of the Indiana public pension program won’t be getting a bonus benefit from the legislature this year.... Read More

Verbio North America Holdings Corp. has acquired South Bend Ethanol, an ethanol production plant, though financial terms of the deal are not being disclosed. However, Verbio said it plans to invest $230 million over the next three years to expand the plant.... Read More

U.S. News & World Report has released its 2023 Best States rankings, and Indiana is near the middle of the pack at No. 29. The publication evaluated 70 metrics across eight categories, including health care, education, and economy.... Read More