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Susan Orr

Indianapolis Business Journal

IEDC board approves incentives for four planned data center projects

In a sign of how strongly demand for data centers has grown in recent years, the Indiana Economic Development Corp. on Wednesday approved tax incentives for four large-scale data center projects during a single meeting.... Read More

Fort Wayne-based Hallmark Home Mortgage to be acquired

Hallmark Home Mortgage in Fort Wayne is set to be acquired by one of the nation’s largest mortgage lenders, Fairway Independent Mortgage Corp., Fairway announced Wednesday.... Read More

Tech hub projects still on track despite federal uncertainty, conference panelist says

Indiana’s three planned technology hubs—for which the state has been selected for up to $350 million in federal funding—are still in the works despite ongoing uncertainties on the federal level, according to the Indiana organization coordinating the projects.... Read More

Customer lawsuit against CNO Financial headed for trial

In the lawsuit, filed in 2012, two former CNO life insurance policyholders accused the company of overcharging them through “massive” increases to their premiums and cost of insurance charges. ... Read More

Smart-mailbox company Arrive AI set to go public this week

Arrive, which filed its first patent in 2014, has developed a smart mailbox—a climate-controlled, secure receptacle—for human or drone-based mail pickup and delivery. ... Read More

Indianapolis-based Olio secures $11M venture investment

The funding was led by Atlanta, Georgia-based Fulcrum Equity Partners, with participation from Cleveland-based Mutual Capital Partners. Both of these firms are repeat investors in Olio.... Read More

Bloomington entrepreneurship center The Mill names new CEO

Fernandez joined the nonprofit organization in 2023 as its senior vice president of innovation and strategic partnerships. He had been serving as The Mill’s interim CEO since January, when its founding CEO, Pat East, announced his departure.... Read More

Cummins withdraws 2025 financial guidance over tariff uncertainty

In February, the Columbus-based manufacturer said it expected full-year 2025 revenue to fall in a range between a 2% decrease and a 3% increase from its 2024 revenue of $34.1 billion. But in its first-quarter financial report, Cummins withdrew that prediction.... Read More

Elevate says funding freeze endangers startups, entrepreneurial community

State officials say the freeze includes a round of federal funding from the State Small Business Credit Initiative. ... Read More

The Heritage Group discontinues business accelerator program

The Heritage Group Accelerator was part of The Heritage Group’s New Ventures Group, which launched in 2018 to boost entrepreneurship both inside and outside of The Heritage Group.... Read More

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Authentic leadership over conformity: Rethinking alcohol at holiday work events

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