Elevate Ventures announces latest pitch winners

Indianapolis-based Elevate Ventures has announced the 14 winners of its 2022 Elevate Nexus pitch competitions, resulting in $580,000 in investments in Indiana-based startups. The venture capital firm hosts three pitch competitions each spring and fall in northern, central and southern Indiana.... Read More

Berry Global CEO set to retire

Evansville-based Berry Global Group Inc. (NYSE: BERY) announced Thursday that Chief Executive Officer Tom Salmon will retire at the end of 2023, while also reporting the company’s first quarter earnings. The plastics manufacturer recorded Q1 net income of $106 million, compared to $121 million during the same period a year ago.... Read More

Indiana receives $1.8M for safer roadways

Several communities in Indiana are set to receive federal funding after the U.S. Department of Transportation announced a historic $800 million for more than 500 projects throughout the country. In total, 10 Indiana communities will receive a total of $1.8 million.... Read More

IEDC touts entrepreneurship milestones in 2022

Indiana Secretary of Commerce Brad Chambers says 2022 was a record-setting year for entrepreneurship. Among the milestones outlined by the Indiana Economic Development Corp., the state saw a record 38 startups participate in IEDC-supported accelerators.... Read More

Hancock County company completes two acquisitions

Indiana Automotive Equipment in Hancock County is adding to its portfolio. The company, which provides sales and service for the automotive and heavy-duty vehicle repair industries, has acquired a pair of companies in Kentucky and Illinois.... Read More

Indiana hospitals paint bleak financial picture

Indiana hospitals, under fire from consumer groups and state lawmakers for their high prices, are fighting back. Hospitals across the state experienced their most difficult financial year in 2022 since the beginning of the pandemic, according to a new study.... Read More

Producers hope to see decrease in egg prices this year

Consumers across the country continue to feel the sticker shock when it comes to the price of eggs, but is there relief in sight? In December, the average cost of a dozen eggs was $4.25, compared to $1.79 a year prior, according to data from Purdue University.... Read More

Leadership change at Peoples Bank

Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, says Executive Chairman David Bochnowski will retire at the end of June. He’ll be succeeded by his son, President and CEO Benjamin Bochnowski, as chairman of Finward’s board of directors.... Read More

Seven Hoosier companies honored for diversity

Newsweek has released a list of America's Greatest Workplaces for Diversity 2023 and seven Hoosier companies were named. The publication says its list of 1,000 companies helps job applicants, customers and potential business partners identify who are “serious about supporting a diverse workforce and who is not.”... Read More

Indiana to get $66.5M to settle overpayment suit

Indiana has reached a $66.5 million settlement with health insurer Centene Corp. to resolve allegations that the company overcharged the state’s Medicaid program for pharmaceutical costs. Indiana Attorney General Todd Rokita announced the settlement Tuesday... Read More