Munster-based Finward Bancorp (Nasdaq: FNWD) says the Indiana Department of Financial Institutions has approved its proposed merger with Royal Financial Inc. in Chicago. The parent of Peoples Bank says it has now received all necessary regulatory approvals for the merger to be completed.... Read More
The chief executive officer of Indianapolis-based Elevate Ventures will soon be stepping down. The organization says Chris LaMothe, who has served in the role since 2015, will leave in March to "pursue a variety of ventures."... Read More
A scrap metal recycling company in northeast Indiana has relocated its headquarters. MetalX, which was previously based in the DeKalb County town of Waterloo, will now operate out of a new office in Fort Wayne.... Read More
Lafayette-based manufacturer Wabash (NYSE: WNC) has inked a five-year research and development partnership with Purdue University. The company, which produces a variety of trailers, truck bodies and related components, says the goal to accelerate efforts to bring innovative products to market.... Read More
The Miami County YMCA is looking to raise the final funds for its new facility in Peru as construction nears completion. The Kokomo Tribune reports the organization still needs to raise $700,000 for the $16.7 million building, ground for which was broken in August 2020.... Read More
Indiana is once again among the top states in the U.S. for its tax system. The Washington D.C.-based Tax Foundation's 2022 State Business Tax Climate Index ranks Indiana ninth for its overall tax climate and No. 1 in the Midwest.... Read More
Plainfield-based MD Logistics is mourning the loss of one of its co-founders. Mark Sell, who had previously served as the company's chief executive officer and was most recently its executive advisor, has died after a brief battle with cancer.... Read More
The U.S. Department of Health and Human Services has paused the distribution of COVID-19 antibody therapies developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY), as well as one from another pharmaceutical company. The agency cites new data that shows the therapies are unlikely to be effective against the Omicron variant.... Read More
The legal status of the organization that operates the South Shore Line in northwest Indiana has been decided thanks to a ruling from the Indiana Supreme Court. Our partners at The Times of Northwest Indiana report the decision was brought on as a result of legal action against the Northern Indiana Commuter Transportation District.... Read More
The U.S. Food and Drug Administration has granted an Emergency Use Authorization for a COVID-19 At-Home Test developed by Roche Diagnostics. The company says the test will be available across the country beginning in January.... Read More
