The NCAA and the nation's five biggest conferences announced Thursday night that they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model.... Read More
Nine central Indiana economic development organizations have received up to $5,000 each from Plainfield-based Duke Energy Indiana to fund marketing efforts to attract new jobs and investment. The utility’s Partnership Program grants can be used to support...... Read More
Orders placed with U.S. factories for business equipment rose by more than forecast in April, indicating firms are still focused on making long-term investments despite an uncertain outlook and high borrowing costs. The value of core capital goods orders...... Read More
Like the rest of Indiana’s Medicaid landscape, adult day services face a monumental change this summer when the state transitions to managed care. For providers, that means a Managed Care Entity will handle their claims and payments rather than the state.... Read More
Faced with overwhelming demand for its diabetes treatment Mounjaro and weight-loss treatment Zepbound, Indianapolis-based drugmaker Eli Lilly and Co. said Friday it plans to invest another $5.3 billion in its brand-new Boone County manufacturing complex.... Read More
Verbio North America is breathing new life into a biorefinery in South Bend. The company broke ground on its upgrade and expansion of the former South Bend Ethanol plant on the city’s south side. Headquartered in Germany, the Hoosier investment is the company’s second imprint in the United States. The company will invest $230 million in this project.... Read More
Race weekend is finally here. IMS President Doug Boles talks about sales, the success of a new proprietary ticket marketplace and the buzz around the Racers and Pacers.... Read More
A planned merger between Columbus-based Centra Credit Union and Bedford-based Hoosier Hills Credit Union is off the table. The credit unions announced Thursday that the deal did not receive a majority of votes from members to move forward.... Read More
Several trails at McCormick's Creek State Park are set to reopen Friday. Multiple trails at the Owen County park were closed last year after an EF-3 tornado caused severe damage to trees and various structures over a 282-acre area.... Read More
Evansville-based Shoe Carnival Inc. is reporting fiscal first quarter net income of $17.3 million, up from $16.5 million during the same period last year. CEO Mark Worden said he is encouraged by the results, which include a 6.7% increase in net sales.... Read More
The Indiana Recount Commission is moving forward with two recounts in state legislative races despite large margins of victory. The panel met for several hours Wednesday, deciding to release some ballots impounded in Elkhart and Hendricks counties.... Read More
Purdue University plans to move its motorsports engineering program to Speedway as part of a multiyear partnership with IndyCar manufacturing partner Dallara.... Read More
Purdue University plans to partner with Elanco Animal Health to develop a shared-use facility on three acres near the future Elanco global headquarters on the west edge of the White River in Indianapolis, state and company officials announced Thursday.... Read More
The study was chosen as it aligns with the office's mission to develop comprehensive energy planning and policy development that's diverse, affordable and sustainable in the future. ... Read More
Indianapolis-based board management software company OnBoard has acquired Pittsburgh-based Govenda, the company's parent announced Thursday. Financial terms of the deal are not being disclosed.... Read More
The U.S. Justice Department and almost 30 states sued Live Nation Entertainment Inc. seeking to force the company to sell off ticketing giant Ticketmaster. In a complaint filed Thursday in New York federal court, antitrust enforcers alleged that...... Read More
The Hoosier Lottery projects it’ll send more than $368 million in surplus revenue to the state, an increase from last year, according to presentations given at a Wednesday meeting. That’s 10%, or $32 million, more than the lottery originally budgeted.... Read More
Indiana University Indianapolis is expanding its automatic admissions program to admit qualifying students in all charter high schools in the Indianapolis Public Schools Innovation Network. The announcement on Thursday builds off of the groundbreaking...... Read More
The Starke County Fair has a new swine barn, thanks in part to renewable energy company Hoosier Solar. The solar farm developer donated $58,000 toward the construction of the barn, which replaces the original structure built in 1962. ... Read More
Indiana and Elevate Ventures have partnered on a new $100 million fund aimed at growth-stage companies involved in cross-section innovation, Gov. Eric Holcomb announced Thursday morning at the Global Economic Summit in Indianapolis.... Read More
