A new report from the Fair Housing Center of Central Indiana says homeownership in Marion County has declined 11% over the past decade. The nonprofit adds while mortgage applications are at their highest levels since the Great Recession, the county continues to see "dramatic lending disparities," particularly due to race and ethnicity.... Read More
The real estate company operated by Valparaiso University has sold the university’s former mail center to a gaming accessory manufacturer. ... Read More
A Hoosier biopharmaceutical contract development and manufacturing organization will soon be under new ownership. Germany-based Merck KGaA has announced plans to acquire Exelead, headquartered in Indianapolis, in a $780 million deal. Merck ... Read More
Houston-based Comfort Systems USA Inc. (NYSE: FIX) has acquired MEP Holding Co. Inc., including its subsidiary Edwards Electrical & Mechanical Inc. in Indianapolis. Comfort Systems USA has also acquired Thermal Service LLC and TES Controls LLC in Kentucky and temporary staffing company Kodiak Labor Solutions LLC in Indy.... Read More
Economic development officials from Fort Wayne and Allen County have unveiled an action plan to guide the region’s economic efforts for the next 10 years... Read More
Indiana House Republicans are proposing broad business and individual tax cuts even as the state’s Republican governor and state Senate have been cautious about taking major action this year.... Read More
The Metropolitan School District of Wayne Township will let its 2015 operational referendum expire. The MSD Wayne Board of Education, which finalized the decision at its meeting earlier this week, says the district was facing a number of financial difficulties when it passed the referendum.... Read More
Muncie-based Nash and Sons Trucking Inc. has notified the state it is temporarily laying off 75 workers. The trucking company says the layoffs will take place at its four Indiana locations. ... Read More
Carl Brizzi, a former Marion County Prosecutor, has died. A family spokesperson tells our partners at the Indianapolis Business Journal Brizzi died at Heart Hospital in Carmel after suffering a stroke Wednesday afternoon. He was 53.... Read More
Bloomington-based business incubator and coworking space The Mill is expanding its lineup of pitch competitions for Indiana-based startups... Read More
The finalists for what is considered the most prestigious award in animal conservation will now receive larger monetary awards. The Indianapolis Prize says the finalists will each receive $50,000 instead of the previously-awarded $10,000, thanks to a grant from Indy-based Lilly Endowment Inc.... Read More
The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universität München in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More
Canada-based Redbrick has acquired Delivra, an email marketing automation provider headquartered in Indianapolis. While financial terms of the deal were not disclosed, Redbrick says it will retain all of Delivra’s employees.... Read More
More people are moving into the Hoosier State, according to the annual U-Haul Growth Index. The report ranks Indiana No. 6 among growth states in the U.S., compared to No. 12 the previous year.... Read More
The path toward a new casino in Terre Haute appears to now be clear. Our partners at WTHI-TV report Las Vegas-based Full House Resorts Inc. (NASDAQ: FLL) has dropped its lawsuit against the Indiana Gaming Commission over its selection of Churchill Downs Inc. (Nasdaq: CHDN) as the casino's operator.... Read More
Purdue University Global is partnering with the Kearney Regional Medical Center in Nebraska to offer discounted tuition rates for staff and their families. The university says it is offering 20% tuition reduction for undergraduate programs, 14% reduction for graduate programs and 10% reduction for doctoral programs.... Read More
The LaPorte County Commissioners have approved an ordinance to submit to the state in an effort to earn the Broadband Ready Designation. The county says the designation could stimulate $130 million dollars in private sector investment.... Read More
The newly-appointed chief executive officer of Evansville-based Escalade Inc. (Nasdaq: ESCA) says he plans to continue the company's growth, especially after the major acquisition announced this week.... Read More
After being closed for nearly two years, the Waldron Arts Center in Bloomington has reopened its doors to the public and artists. The city says it has completed repair work to stabilize and upgrade the venue, which the city took over last year.... Read More
Indianapolis-based engineering consulting firm CAI has named Michael Martin as its next chief executive officer, succeeding company founder and CEO Bob Chew. ... Read More
