FireKing International LLC in New Albany says new, temporary employees have begun work at the company's facility as a strike from local union members continues. The company says it has also issued a cease-and-desist directive alleging the striking employees have attempted to prevent vehicles from entering or leaving the property "and other unlawful behavior."... Read More
Kip Frey, managing director of Indianapolis-based HG Ventures, has been named to Global Corporate Venturing's Powerlist for the third consecutive year. The publication ranks the top 1% of corporate venturing leaders from throughout the world.... Read More
he Biden administration to allow more national imports and Abbott Laboratories' plan to restart formula production in Michigan. As a result, The Milk Bank in Indianapolis says demand for donated human milk has risen 89% in the last 10 days. ... Read More
Newfields in Indianapolis has named Dr. Colette Pierce Burnette as its next president and chief executive officer 14 months after the resignation of former CEO Charles Venable. Pierce Burnette most recently served as CEO of Huston-Tillotson University in Texas. ... Read More
North Carolina-based Nucor Corp. (NYSE: NUE) has announced plans to acquire C.H.I. Overhead Doors in Illinois in a deal valued at $3 billion. Nucor, which has multiple locations in Indiana, says the deal includes the overhead door manufacturer's plant in Terre Haute.... Read More
Indianapolis-based ProTeam Tactical Performance is preparing to open its first location outside of central Indiana. The company, which helps first responders recover from and prevent injuries in a manner similar to collegiate and professional athletes, will bring its model to Merrillville beginning May 23.... Read More
A 16-year-old student in Greencastle is looking to fill the financial literacy gap among students in his community. Isaac Hertenstein founded the nonprofit Students Teaching Finance, a program that was inspired by the lack of financial education in his school and throughout Indiana, which is not one of 13 states in the U.S. that requires a personal finance class.... Read More
The U.S. Food and Drug Administration has approved a new drug from Eli Lilly and Co. (NYSE: LLY) to treat type 2 diabetes that is also shown to help with weight loss. The FDA says Mounjaro "was effective at improving blood sugar and was more effective than the other diabetes therapies with which it was compared in clinical studies."... Read More
Indiana once again beat the most recent revenue projections in April. The Indiana State Budget Agency says General Fund revenues last month totaled more than $3.3 billion, which was 17.5% higher than the December 2021 forecast and nearly 50% higher than the same month last year.... Read More
The co-founder and CEO of Fishers-based AfterSchool HQ says the startup's recently-announced partnership with Indianapolis Public Schools is a chance to help students find their passion the same way he did. Through the partnership, parents of IPS students will be able to use the startup's online platform to find and register their kids for extracurricular activities. ... Read More
