News

Dunham Rubber & Belting Corp., a 57-year-old Greenwood-based company, has been acquired by Marietta, Georgia-based Belt Power LLC, the companies announced Tuesday.... Read More

The Indiana Destination Development Corp. is seeking local artists to help create public artwork and signage throughout the Hoosier State through two new grant programs: the IN Indiana Public Art Activation Grant and IN Indiana Placemaking Activation Grant.... Read More

A professor at Purdue University says pharmacy employees are being asked to do more with fewer resources. Kimberly Illingworth said the ongoing staffing shortage is having a large effect as people continue to deal with COVID, RSV and other illnesses. ... Read More

Global cloud-computing powerhouse Salesforce Inc. was mum on Wednesday morning about the effect on its Indianapolis operations of a major restructuring plan that will eliminate about 10% of its workforce companywide and shrink its real estate footprint.... Read More

Indiana Humanities is launching a new fund it says will allow for future grants and programming throughout the state. The Indiana Humanities Future Fund is being established in recognition of the organization's 50th anniversary.... Read More

The city of South Bend has finalized a funding agreement with Oaklawn that will establish and launch a 24/7 behavioral crisis center. The agreement provides $2.7 million for Oaklawn to invest into the Memorial Epworth building, establish the Behavioral Crisis Center and fund the first year of operations.... Read More

Indianapolis-based Flaherty & Collins Properties says it will invest $80 million to renovate and rehabilitate four housing developments. The real estate developer says two of the projects are upgrades on buildings that are about 25 years old, while the other two projects are adaptive reuse of commercial and historic buildings to create more affordable housing... Read More

The former CEO of Indianapolis-based TechPoint has a new gig in Indy. Mike Langellier has joined High Alpha as operating partner and head of new ventures, and the venture studio says he will help discover, refine and launch new tech companies.... Read More

Lawmakers and businesses alike have long denounced Indiana’s high healthcare prices but haven’t yet penalized any actors. Advocates hope for more in the 2023 session, set to start Monday, with an intense focus on the state’s hospitals. ... Read More

Muncie-based First Merchants Bank and the U.S. Department of Justice have agreed to end a settlement agreement that had been put in place in 2019 after the bank was accused of discriminatory lending practices in certain Indianapolis neighborhoods.... Read More

An associate professor of business law and ethics at the Indiana University Kelley School of Business expects to see a growing number of lawsuits from other states against social media company TikTok. Abbey Stemler says lawmakers are skeptical of what the Chinese government might be doing with user information obtained through the Chinese-owned video platform... Read More

Gov. Eric Holcomb will Wednesday detail his Next Level Agenda for 2023. While specifics aren't yet known, the governor has previously indicated he intends to seek funding for a second round of the Regional Economic Acceleration and Development Initiative.... Read More

Patrons of Harrah's Hoosier Park Racing & Casino in Anderson will soon see the first benefits of a $39 million expansion. Our partners at The Herald Bulletin report the first phase of the project is expected to be partially complete in March.... Read More

As the 2022 clock wound down, farmer’s attitudes about the agricultural economy improved. The monthly Purdue University-CME Group Ag Economy Barometer improved by 24 points in December.... Read More

Effective New Year’s Eve, Taft Stettinius & Hollister and Jaffe Raitt Heuer & Weiss completed a combination first announced in September 2022. The move gives Taft — which has an office in Indianapolis — its first Michigan footprint.... Read More

Indianapolis-based 21st Amendment Inc., a liquor store chain founded in 1971, is selling all 20 of its stores to US Liquor Group LLC, an Indiana company founded in September.... Read More

Indianapolis Mayor Joe Hogsett has detailed the city's legislative priorities for the upcoming 2023 session of the Indiana General Assembly. Hogsett says the city's priorities will center around several key areas, including infrastructure, housing, public safety, and public health.... Read More

The Arc Noble County Foundations is developing a commercial kitchen at its headquarters in Albion. The organization says when complete, the kitchen will be used to provide workforce development to help people with disabilities gain potential employment... Read More

A search is underway for a new executive director of Floyd Memorial Foundation following the announced resignation of Meredith Lambe. The search comes as the foundation undergoes changes with its relationship with New Albany-based Baptist Health Floyd.... Read More

Gov. Eric Holcomb has made several appointments to a range of state boards and commissions. They include the Board of Safety Review, Board of Tax Review, and Coroners Training Board.... Read More