An Indiana agency says the state’s gasoline tax will go up by one cent this summer under an annual increase that Republican legislators voted recently to extend. The fuel tax that goes toward infrastructure projects currently rings in at 33 cents a gallon.... Read More
As part of the new two-year state budget, the Indiana General Assembly approved $30 million in economic development funds for the Northeast Indiana Strategic Development Commission. ... Read More
Bedding provider Tempur Sealy, which has a growing presence in Indiana, has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion. Mattress Firm operates more than 2,300 retail locations and an e-commerce platform. ... Read More
Illinois-based Baxter International Inc. this week announced plans divest its BioPharma Solutions business to Advent International and Warburg Pincus, private equity firms headquartered in Boston and New York, respectively, in a $4.25 billion deal. ... Read More
A planned expansion of the Indianapolis Cultural Trail will border two attractions planned for southwestern downtown Indianapolis: an Indy Eleven soccer stadium and a new White River State Park green space. The expansion is expected to cost $21.2 million.... Read More
The Indiana Department of Education on Monday said 19 new schools throughout the state are now STEM certified. The certification program recognizes schools committed to teaching science, technology, engineering and math disciplines beyond the classroom.... Read More
The Indiana Medical Licensing Board will hold a hearing later this month on a complaint against Indianapolis OB-GYN Dr. Caitlin Bernard, despite an attempt by the Attorney General’s Office to further delay the matter.... Read More
Evansville-based Escalade is reporting a first quarter net loss of $952,000, compared to net income of $6.7 million during the same period last year. The sporting goods and recreational equipment manufacturer said sales declined 21.3% to nearly $57 million.... Read More
A worker died after being injured at an Amazon warehouse in Fort Wayne in an incident that closed the facility for the rest of the day Monday, authorities said. The death is under investigation, but additional details were not immediately released.... Read More
A veteran tool and die maker in Starke County is venturing out on his own with a new machine shop in the Knox Industrial Park. Wakal Machining broke ground on a new facility, which co-founder Bill Wakal says will fill a gap for machining services in the area.... Read More
Muncie-based First Merchants Corp. is included in the Forbes' 2023 list of "The World's Best Banks." The list is based on an online survey of more than 48,000 people around the world who rated their banks on criteria such as general satisfaction and trust.... Read More
The Indianapolis Colts want other NFL teams to know they consider contacting former quarterback Andrew Luck or his representatives to be tampering. Team owner Jim Irsay made it clear in a Twitter post late Sunday night.... Read More
Batesville-based Hillenbrand is reporting fiscal second quarter net income of $463 million, up from $54.3 million during the same period last year. The quarter saw the completion of Hillenbrand's $761 million sale of the former Batesville Casket Co.... Read More
Saint Mary-of-the-Woods College on Monday announced a three-year, $250,000 gift from Terre Haute-based Union Health. The funding will support the college's expansion of its online program designed to give paramedics a pathway to becoming registered nurses.... Read More
Pacers Sports & Entertainment plans to move the Fort Wayne Mad Ants—its developmental league team—to Noblesville where city officials have pledged to build a $36.5 million arena complete with suites and an event space.... Read More
Officials in St. Joseph County remain optimistic that New Carlisle could be chosen for a more than $3 billion EV battery cell plant. GM last month announced a partnership with Samsung SDI in South Korea to build the plant, though a location was not identified.... Read More
Officials with Kentucky-based Churchill Downs say construction crews are making progress on the $290 million Terre Haute Casino Resort. General Manager Mike Rich says the company is still targeting an opening date near the end of the first quarter of 2024.... Read More
The University of Saint Francis says Dr. Lance Richey will serve as interim president. The university said Richey has handled the day-to-day responsibilities of the president's office since Rev. Eric Zimmer last month announced plans to step down.... Read More
New Jersey-based Catalent is delaying the release of its fiscal third quarter earnings. Part of the reason for the delay, the company said, are "certain potential non-cash adjustments" related to its Bloomington operations.... Read More
The city of Indianapolis is trying to capitalize on construction of a $4.3 billion hospital complex and other projects underway or in development on the north side of downtown with a new tax-increment-financing district that could spur additional investment.... Read More
