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

South Shore projects meeting deadlines

Two multi-million-dollar construction projects that represent an approximately $1.5 billion investment to the South Shore Line are on schedule, according to officials from the Northern Indiana Commuter Transportation District. ... Read More

Settlement reached in civil suit against former Celadon execs

The U.S. Securities and Exchange Commission has reached a settlement in its civil case against former Celadon Group Inc. executives Eric Meek and Bobby Peavler, who were both accused of engaging in fraud before the Indianapolis-based trucking company filed for bankruptcy and ceased operations in 2019.... Read More

Elevate Ventures touts record investment in 2022

Indianapolis-based Elevate Ventures set a new record for annual investments with 128 transactions in 2022. "In a year where the economy took a dip, we were able to really see which companies in the portfolio were able to excel," said CEO Christopher Day.... Read More