Since 2020, Steak n Shake has spent $50 million to eliminate table service at its restaurants in favor of self-service ordering—an investment the company says has allowed it to regain profitability after three straight years of losses. Outside observers say, though, that it’s not yet certain the 89-year-old restaurant chain is back on solid footing.... Read More
The collapse of Silicon Valley Bank and Signature Bank continues to send shockwaves through the banking industry. But Ball State economist Mike Hicks says Hoosiers shouldn't expect to see a big ripple effect in Indiana.... Read More
The complement of refueling aircraft at Grissom Air Reserve Base is moving to Fort Wayne International Airport. Grissom says the airport will be a temporary home for the KC-135 Stratotankers while a $60 million renovation of the base's runway is completed.... Read More
Chicago-based pizza brand Lou Malnati’s is continuing its expansion in the Hoosier State. The chain, known for its deep-dish pizza, will Monday open its latest location in Avon. It is the sixth location in Indiana.... Read More
Indiana Landmarks has sold the historic Huddleston farmstead in Cambridge City about a year after making the property available. The organization says it was looking for a family that would safeguard the historical and architectural character of the 18-acre property and 182-year-old farmhouse.... Read More
Ag-tech startup Athian expects to close a $5 million round of seed funding by the end of the month. Athian also expects this month to begin beta testing its first software product—a platform to help dairy farmers measure, verify and monetize their carbon-reduction efforts. ... Read More
The Ports of Indiana is continuing a tradition of helping Mount Vernon High School FFA students grow crops and raise funds for future educational programs. The authority is leasing five acres of land on the port complex to the FFA chapter and has waived fees.... Read More
Suicides are climbing faster among young people than adults, triggering alarm bells that “what we’re doing isn’t working,” says University of Notre Dame psychologist Theodore Beauchaine. He’s co-leading a mission to reinvent teen suicide prevention efforts.... Read More
Ascend Indiana, an initiative of the Central Indiana Corporate Partnership, has recently forged three partnerships to help college students with career and internship searches. The agreements are with Butler University in Indianapolis, Hanover College in Hanover, and the University of St. Francis in Fort Wayne.... Read More
A plan to renovate the Memorial Opera House in Valparaiso is facing another hurdle. Lakeshore Public Radio reports the Porter County Commissioners are now seeking to lease the former sheriff's residence, a major portion of the $7.5 million project.... Read More
Terre Haute-based Hallador Energy is reporting full fiscal year net income of $18.1 million, compared to a $3.7 million loss the previous year. The company says it made significant capital investments in 2022 to allow for increased coal production.... Read More
An Australian biotech company that has its U.S. headquarters in Fishers has received additional approval from the U.S. Food and Drug Administration. Telix Pharmaceuticals says its lead prostate cancer imaging product, Illuccix, is now authorized to...... Read More
Elkhart-based fiber internet service provider Surf Internet will begin construction later this month on what will eventually be 250 miles of fiber service to rural homes in three northern Indiana counties. The company received a $6 million grant last April from Indiana’s Next Level Connections Broadband Grant Program to help cover part of the cost.... Read More
Ivy Tech Community College is seeking more than $55 million for a building project on its Terre Haute campus. The college plans to replace the majority of its current structure with a new two-story building and renovate an existing building.... Read More
The Indiana Senate on Thursday passed a much-disputed proposal barring Indiana National Guard members from demanding a military trial — or court-martial — in lieu of non-judicial punishment. House Bill 1076 now goes to Gov. Eric Holcomb.... Read More
Dr. Malaz Boustani, an esteemed brain doctor at the Indiana University School of Medicine, is haunted by the fact that he didn’t identify his own father’s Alzheimer’s disease. “I think I’m a great brain doctor—and I missed it,” he says. ... Read More
Cash-short banks have borrowed about $300 billion from the Federal Reserve in the past week, the central bank announced Thursday. Nearly half the money — $143 billion — went to holding companies for two major banks that failed over the past week.... Read More
The stunning collapse of a go-to bank for innovators made headlines this week. We'll have more on how the shockwaves from the Silicon Valley Bank shutdown could create a potential ripple effect in Indiana.... Read More
Lafayette-based risk management firm Henriott Group Inc. is planning to expand this summer with two new offices. The company said this week it will open new spaces in West Lafayette and on the northwest side of Indianapolis.... Read More
Wisconsin-based venture firm and startup accelerator gener8tor, which has an established presence in Indiana, has announced the spring cohorts of two separate gBETA programs. The organization says the seven-week program will support early-stage startups that are focused on 5G technology and energy and sustainability.... Read More
