Indianapolis-based Hurco Companies is reporting a fiscal full-year net loss of $16.6 million, compared to income of $4.4 million the previous year. CEO Greg Volovic said the company hoped for more of a recovery in the machine tools market, which was down 19%.... Read More
Indiana's revenue collections last month exceeded the most recent projections. The Indiana State Budget Agency said Friday that General Fund revenues in December totaled nearly $2.2 billion, which was $17 million higher than the December 2024 forecast.... Read More
Frederick C. “Fred” Tucker III, who led the F.C. Tucker Co. for a quarter-century and served on numerous business and civic boards, has died at age 78, the company announced Thursday.... Read More
Check out what's coming up on this weekend's edition of Inside INdiana Business with Gerry Dick!... Read More
According to the indictment, Lemmen allegedly hatched a scheme in which he wrote more than 1,000 fraudulent life insurance policies for individuals in northern Indiana and elsewhere without their knowledge and consent between at least 2020 and 2022.... Read More
The proposed agreement would see global investment firm KKR and Canada-based Public Sector Pension Investment Board, or PSP Investments, acquire a 19.9% equity interest in Fort Wayne-based Indiana Michigan Power and AEP Ohio.... Read More
House Bill 1136 drew a number of concerns during Wednesday's board meeting. The bill would dissolve school districts in which the majority of the students living there don't attend the district's schools, and then turn those schools into charter schools.... Read More
Indiana’s Ethics Commission on Thursday unanimously approved post-employment waivers for four agency heads moving on from state government as Gov.-elect Mike Braun takes over. That includes David Rosenberg, CEO of the Indiana Economic Development Corp.... Read More
With money from the U.S. Department of Labor, Indiana is dolling out $130,000 to help fund registered apprenticeship programs.... Read More
Braun’s inauguration will be held at the Indianapolis Hilbert Circle Theatre, home to the Indianapolis Symphony Orchestra with a capacity to seat over 1,600 attendees.... Read More
Agriculture producers across the United States continue to express optimism over their farms' future, particularly when it comes to regulations, according to the latest Purdue University/CME Group Ag Economy Barometer.... Read More
A diving interception off an ill-advised pass set up the University of Notre Dame’s trip to play for the program’s 12th national title after a thrill-a-minute 27-24 victory over Penn State University on Thursday night in the Orange Bowl.... Read More
Huntingburg-based agricultural cooperative Superior Ag announced this week it will payout close to $2.5 million back to its members. The amount being paid back to members represents 97% of the cooperative's profits.... Read More
Indiana Secretary of Commerce David Rosenberg, president and CEO of the Indiana Economic Development Corp., has been named the inaugural president and CEO of the Indiana University Launch Accelerator for Biosciences in Indianapolis, IU announced Thursday.... Read More
The Indiana State Board of Animal Health voted this week to appoint Kyle Shipman as the new State Veterinarian. Shipman had served in the role on an interim basis since October after Bret Marsh stepped down.... Read More
U.S. Attorney Zachary Myers announced Wednesday that the Indiana Southern District’s Office Asset Recovery Unit collected $33.8 million in asset forfeiture and financial litigation debt in 2024. ... Read More
Allison will provide upgraded and new X1100 cross-drive transmissions and technical support for the tanks, which are used by the U.S. Army and foreign customers, the company said.... Read More
The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac. It was at 6.66% a year ago. It has risen for four straight weeks.... Read More
OrthoIndy in Indianapolis, Tri-State Orthopaedics in Evansville, and Fort Wayne Orthopedics announced plans Thursday to merge and create OrthoIndiana with the goal of bringing comprehensive orthopedic care across the state.... Read More
Michigan City has narrowed down the bids for a major mixed-use project in downtown. The development will feature 500 rental units and a grocery store, according to the city.... Read More
