INDOT begins next phase to improve I-80/I-94

The Indiana Department of Transportation says a project to improve traffic flow and safety along Indiana’s busiest interstate corridor, I-80/I-94, is moving to the next phase. 80/94 FlexRoad will develop solutions for the I-80/I-94 corridor, including strategies to reduce travel time, increase reliability and improve safety.... Read More

Inotiv subsidiary reaches settlement in animal welfare lawsuit

A subsidiary of West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has reached a settlement with the U.S. Department of Justice and the U.S. Department of Agriculture, the company announced Monday. The settlement involves an investigation into a Virginia dog breeding facility operated by Indianapolis-based Envigo RMS, which was accused of violating animal welfare laws.... Read More

Indiana lands millions to invest in startups, small businesses

Indiana is set to receive up to $99.1 million in federal funding to expand access to and increase capital for entrepreneurs, startups and small businesses. The Indiana Economic Development Corp. announced Monday the state is one of the first 14 to be approved by the U.S. Department of Treasury for the State Small Business Credit Initiative.... Read More

Asher Agency changes ownership

Asher Agency, an advertising firm with offices in Fort Wayne and Indianapolis, has changed ownership. President Kara Kelley, Chief Financial Officer Megan Bennett, and Ash Crest Corp. have purchased the agency from Eastport Holdings.... Read More

Study: CEO pay not affected by Tax Cuts and Jobs Act

A new study co-authored by an associate professor at the Indiana University Kelley School of Business, says a provision of the Tax Cuts and Jobs Act of 2017 did little to effect CEO pay. The legislation repealed a nearly 30-year-old exemption that allowed companies to deduct performance-based pay for executives, with the idea that companies would move away from performance pay to cash-based fixed compensation. ... Read More

IEDC appoints EVP of external engagement

The Indiana Economic Development Corp. has named Salena Scardina its executive vice president of external engagement. Previously, Scardina served as chief customer success officer for Herff Jones in Indianapolis, a provider of graduation and educational products and services.... Read More

Jensen says Noblesville ‘leaning in’ on economic development

It has been a record-setting 18 months for the city of Noblesville, with more than $1 billion in private capital investment commitments for a range of economic development projects. And Mayor Chris Jensen see no signs of things slowing down, predicting the state’s 10th largest city is on track to double its population. ... Read More