Agriculture producers nationwide are expressing growing concerns over farm income prospects, according to the latest Purdue University/CME Group Ag Economy Barometer. The barometer fell 13 points to a reading of 100 in August.... Read More
Northern Indiana Public Service Co. is requesting approval from the Indiana Utility Regulatory Commission to raise electric rates for its more than 480,000 customers. The utility said, if approved, the move would raise rates by $32 per month.... Read More
Lafayette-based North Star Systems, which provides automation and monitoring services for a variety of industries, is expanding its workforce in Tippecanoe County. The company said Thursday it is adding 30 jobs to its operation.... Read More
Whether a proposed merger between two of the nation’s largest grocery store retailers will happen could be decided soon, as a federal judge hears arguments from the Federal Trade Commission and Kroger on its proposed $24.6 billion acquisition of Albertsons.... Read More
If elected governor, Democrat Jennifer McCormick would work to establish a medical marijuana industry before transitioning to full adult-use cannabis, she said Thursday. Three of Indiana’s four neighbors have legalized recreational marijuana.... Read More
Navient, one of the nation’s largest student loan companies, will pay $120 million to resolve allegations that it misallocated payments, steered people into costly repayment plans, supplied the wrong information and ignored borrowers’ pleas for help.... Read More
Indianapolis-based OneAmerica Financial Inc.—the city’s largest private company—has agreed to sell its full-service retirement plan business to New York City-based Voya Financial Inc., the companies announced Wednesday.... Read More
Red crown rot is a crop disease affecting Indiana's soybeans. The disease is most common in the southern U.S. but it's moving north and researchers are warning farmers to be on the lookout.... Read More
Marking a significant milestone in the company’s 22-year history, Viewrail, manufacturers of stairs and railing, opened its new headquarters and design showroom in Goshen earlier this week. Only a mile from its manufacturing facilities, the new location ...... Read More
Gosport Manufacturing, which makes tarps and other industrial textiles, has been acquired by Philadelphia-based manufacturer D.C. Humphrys. Financial terms of the deal were not immediately disclosed.... Read More
Fort Wayne-based Vera Bradley Inc. is reporting fiscal second quarter net income of $5.7 million, down from $9.2 million during the same period last year. CEO Jackie Ardrey said the company faced "stubbornly persistent macro consumer headwinds."... Read More
The Indiana Department of Transportation is seeking applicants for its engineering scholarship program, which offers more than $3,000 per semester and priority consideration toward a full-time job upon graduation.... Read More
Regardless of who wins the race in November, Indiana will have a new governor. One of their first duties after being sworn into office in January will be to help pass a budget that will guide the actions of state agencies for the next two years.... Read More
Indianapolis-based Eli Lilly and Co. on Thursday announced plans to spend $1.8 billion on two of its manufacturing sites in Ireland to boost production of medicines for Alzheimer’s disease, diabetes and obesity.... Read More
Nearly four years after launching out of venture studio High Alpha, Indianapolis-based Shaker has been acquired by AccountTECH, a real estate accounting software company headquartered in Boston. Financial terms of the deal are not being disclosed.... Read More
Lafayette-based trailer manufacturing company Wabash must pay $462 million to the families of two men killed in a 2019 crash involving one of the company’s trailers. A St. Louis jury handed down a decision in favor of the victims’ families last week.... Read More
A plan to build a data center campus in Merrillville that could result in up to $900 million in investment has cleared two key hurdles. The town said this week that the newly formed Data Center Citizen Advisory Committee has endorsed the plan from Karis Critical.... Read More
The executive director of Science Central in Fort Wayne has announced plans to step down at the end of the year. Martin Fisher has led the not-for-profit education center for 17 years and said in a news release that "now is the opportune time to transition."... Read More
Indiana State University has launched its Sycamore Success Scholarship Fund to support efforts to increase freshman enrollment. The scholarship will be available to deserving students who have not received another significant scholarship at the school ...... Read More
The Monroe Circuit Court denied a motion Wednesday morning for a permanent injunction against Indiana’s near-total ban on abortion. The American Civil Liberties Union of Indiana initially filed the lawsuit challenging Senate Enrolled Act 1 in September 2022.... Read More
