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News

Indiana entrepreneur pushing forward with lawn care tool

An Indianapolis veteran and entrepreneur used his work experience to create a product he believes will help others clean up their yards. Aaron Farrer got the idea while working for his dad's lawn care business in Lafayette.... Read More

Purdue entrepreneur, professor named to executive role

Luna Lu, current civil engineering professor at Purdue, has been named as the university's next vice president of the Office of Industry Partnerships. Lu has founded the company Wavelogix.... Read More

South Shore president not ruling out May opening of West Lake Corridor

The West Lake Corridor commuter rail branch may take a bit longer to open than originally hoped. Northern Indiana Commuter Transportation District President Mike Noland says the opening date now depends on the construction of a new underpass.... Read More

Zionsville receives $4M from state grant fund for infrastructure projects

The Indiana Economic Development Corp. announced Tuesday that Zionsville has received $4 million in state-funded regional grant money to support infrastructure projects south of the town’s historic Village area.... Read More

Survey finds ‘overwhelming’ number of Hoosiers support cannabis regulations

A coalition pushing for “safe and regulated” cannabis reform published survey findings from a conservative-linked pollster in which an “overwhelming” number of Hoosiers supported legalization.... Read More

Trump’s latest tariff plan aims at multiple countries. What does it mean for the U.S.?

On Monday, Trump sent shockwaves across the nation's northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as soon as he takes office as part of his effort to crack down on illegal immigration and drugs.... Read More

Union Hospital Terre Haute

Union Health withdraws application for hospital acquisition

Terre Haute-based Union Health has withdrawn its certificate of public advantage application related to its planned acquisition of Terre Haute Regional Hospital. However, Union Health said the two parties will continue to work toward completing the deal.... Read More

Ratepayer advocates hail ‘landmark’ settlement with data centers, utility company

Ratepayer advocates are celebrating a Friday settlement with three of the state’s largest incoming data centers and Indiana Michigan Power (I&M)—touting new protections for Hoosier bills and the state’s electricity supply.... Read More

Lilly shares get bump from pricey Biden proposal for covering weight-loss drugs

Shares of Indianapolis-based Eli Lilly and Co. popped in pre-market trading early Tuesday morning after news of a Biden administration proposal that Medicare or Medicaid cover the cost of weight-loss drugs for millions of Americans.... Read More

Holcomb recognizes Indiana poultry farmers for contributions to state

The Indiana State Poultry Association celebrated the industry's contribution to the Indiana economy at a ceremony at the Statehouse on Monday.... Read More

Appeals court rules former COO did not violate noncompete agreement

Greenwood-based RevOne Companies failed to show a former employee had breached a noncompete agreement or disclosed any of the company’s confidential and proprietary information, the Indiana Court of Appeals ruled in upholding a lower court’s ruling.... Read More

EPA rebate helps Perry County school district add electric buses to fleet

Perry Central Community Schools Corp. is one of nine Indiana school districts receiving $11 million in rebates from the EPA's Clean School Bus Program, an initiative that aims to accelerate the replacement of existing school buses with zero emission vehicles. ... Read More

Q&A with Barb Abell of Ronald McDonald House Charities of the Ohio Valley

In October, Ronald McDonald House Charities of the Ohio Valley celebrated the fifth anniversary of its Deaconess Gateway location in Newburgh as well as the global organization’s 50th anniversary. Development manager Barb Abell spoke with IIB about the...... Read More

Berry Global to sell off Specialty Tapes business for $540 million

The plastics manufacturer said Tuesday it has reached an agreement to sell its Specialty Tapes business to Nautic Partners, a private equity firm in Providence, Rhode Island, in a $540 million deal.... Read More

UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says

The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram. ... Read More

Control Specialists in Evansville sells to Houston-based engineering company

Control Specialists in Evansville was bought by Relevant Industrial earlier this month. Control Specialists provides specialized services like control systems maintenance.... Read More

US Rep. Baird to speak at Purdue winter commencement

Purdue’s winter graduating class will include 2,345 undergraduates, 1,241 graduate students, 15 students from professional programs and 50 students from Purdue Polytechnic Institute’s statewide programs.... Read More

Anderson-based credit union opening Martin University office

The credit union has already installed an interactive teller machine, or ITM, on the campus of the predominantly Black college in Indianapolis. It allows users to interact via video with live tellers in Anderson.... Read More

Report: Indiana, U.S., could see closings of more rural hospitals

More than 700 rural hospitals across the U.S., including four in Indiana, are at immediate risk of closing because of serious financial problems they are experiencing, according to a new study.... Read More

Diagnostic firm raises $2.6M to advance cancer detection technology

The new seed funding will go toward research and development, securing regulatory clearance for a testing platform and initiating a clinical trial, the news release said.... Read More

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