Indiana continues to receive annual payments from the tobacco industry as part of a Master Settlement Agreement first reached in 1998 with 46 states. Attorney General Todd Rokita’s office says the state last week received a $136 million payment. ... Read More
Tek Experts Inc., which provides outsourced technology support services to clients around the globe, has officially opened an Indianapolis office where it plans to hire hundreds of employees over the next several years.... Read More
A new publication from the Indiana Business Research Center at Indiana University says a generational housing bubble is in the offing, and that the U.S. may be building more new housing than it will actually need over the next decade.... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is feeling the effects of a slowdown in the recreational vehicle industry and macroeconomic headwinds. ... Read More
A Vanderburgh County official and two others have been indicted in an alleged kickback scheme involving construction work, according to the U.S. Attorney’s Office for the Southern District of Indiana. ... Read More
Indianapolis-based Orthodontic Details has announced a collaboration with several major suppliers to boost its online procurement platform. Details' platform is designed to serve as a one-stop shop for orthodontic practices to find the supplies they need.... Read More
The Indiana Destination Development Corp. has partnered with the Indiana Association of Realtors to launch a new campaign to showcase the Hoosier State. Their “Home Again IN Indiana" campaign intends to showcase Indiana-born people who moved away but chose to return.... Read More
The Phoenix Theatre Cultural Centre in downtown Indianapolis has announced William Powell as interim CEO. The nonprofit's board of directors has also begun a national search to find a permanent CEO, with the goal of filling the new position by Jan. 1, 2024.... Read More
Purdue University has announced it received two gifts this week, totaling $27 million, from long-time university benefactors whose gifts could have a long-term impact for future Boilermakers. ... Read More
Eli Lilly and Co. says a new clinical trial for its drug tirzepatide helped overweight diabetes patients lose an average of 15.7% of body weight, or 34.4 pounds, after 72 weeks. The drug is currently sold under the brand name Mounjaro for type 2 diabetes... Read More
We are on the road to northwest Indiana for our Engage Indiana series. We’ll talk impact and what’s next for two transformational projects now underway on the South Shore Line.... Read More
The state’s top elected officials would see a big pay raise under new salary language included in the latest budget proposal. ... Read More
Delaware County officials have pledged to provide up to $250,000 in funding to help cover part of the cost of infrastructure for a new daycare center in Muncie. The money represents about half of the cost to run water and sewer lines to the proposed Kaleidoscope Kids Daycare. Economic development officials regard it as an investment for the community, as it will spur the construction of a $3.5 million childcare center.... Read More
The Purdue Research Foundation said Wednesday it has received more than $100 million from Owl Rock in New York for a portion of its royalty interest in the prostate cancer drug Pluvicto. Purdue plans to use the funding to further support research at the university.... Read More
A new coworking space will open this summer in the $10 million Novaparke Innovation and Technology Campus in Floyd County. The business park is partnering with The Root in New Albany to establish the space, which will be spread across two buildings.... Read More
Rose-Hulman Institute of Technology has launched a research fellowship program, an opportunity rarely afforded to first- and second-year students. The school has launched the Rose Research Fellows program, which introduces the undergraduate students to the process of scientific research and take part in meaningful research with faculty.... Read More
Florida-based L3Harris Technologies has inked a contract with Mitsubishi Electric Group to build imaging and sounding instruments for the Japan Meteorological Agency. The company says it will manufacture the instruments at its Fort Wayne facility.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) has signed a definitive agreement with Tata Motors Limited, a global automotive manufacturer headquartered in Mumbai, India, to produce low and zero-emission products. ... Read More
Republican leadership in the Indiana House and Senate have reached an agreement on a state budget that dramatically expands eligibility for the private school voucher program, allocates $225 million in new funding for local public health services and...... Read More
Marion County will receive an extra $8 million in funding for roads, bridges, sidewalks and other infrastructure under a bill poised for passage in the Indiana General Assembly.... Read More
