News

Merchants Capital, a subsidiary of Carmel-based Merchants Bank, has created a new business unit to support the construction of low-income housing.... Read More

Circle Centre Mall in downtown Indianapolis has landed a new tenant that may signal the refocused future of the beleaguered retail hub. Indianapolis-based Direct Connect Logistix is moving its corporate headquarters into the former Nordstrom store location.... Read More

Lawrence-based Dronedek is launching a $5 million crowdfunding campaign on the StartEngine platform. Dronedek, which is known for its patented smart mailbox, says the additional funding will help produce units to be distributed throughout the U.S.... Read More

The National Institutes of Health has awarded a $2.82 million Fast-Track SBIR grant to West Lafayette-based Rescue Biomedical. The company plans to use the funding to develop its technology to automatically deliver naloxone in response to an opioid overdose.... Read More

A medical technology startup headquartered in New Albany is partnering with American Oncology Network. RxLightning says the partnership is already reducing turnaround time for patients of AON healthcare providers to receive lifesaving medications.... Read More

Plans for a new hotel at the northeast corner of Pennsylvania and Washington streets in downtown Indianapolis are set to move forward now that developers have secured a nod from a city commission to receive financing help with the project.... Read More

The Indiana Chamber of Commerce has named Elaine Bedel the 2022 Birch Bayh-Richard Lugar Government Leader of the Year.... Read More

Ohio-based The Andersons Inc. is adding to its Indiana portfolio. The agribusiness this week announced plans to acquire Mote Farm Service Inc., a retail farm center headquartered in Union City, though financial terms are not being disclosed.... Read More

The Heartland International Film Festival is in full swing in Indianapolis, and the artistic director for Heartland Film says Hoosier hospitality and word of mouth are what make the event an annual success.... Read More

Some hourly workers for Mishawaka-based Franciscan Health are having to return some of the money they were overpaid because of a computer hack to its payroll software provider. ... Read More

New Albany-based Cimtech has broken ground on a $2.7 million expansion at its Floyd County headquarters. The company, which provides precision manufacturing services, says the project will allow it to grow staff and increase capacity.... Read More

Indianapolis-based Simon Property Group Inc. (NYSE: SPG) and Jamestown, a real estate investment and management firm headquartered in Atlanta, have announced a strategic partnership.... Read More

Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.... Read More

Indiana University is receiving nearly $4 million from the National Institute on Aging to study Brain CareNotes, a telehealth mobile app. IU says the grant will fund a five-year clinical trial of Alzheimer’s disease and related dementia telehealth intervention.... Read More

Houston-based EDP Renewables North America has begun construction on a 202-megawatt wind farm near the town of Wolcott in White County. ... Read More

The Fishers City Council on Monday night approved a food and beverage tax to help fund a $170 million events center at Fishers District and a 2023 budget that includes a property tax decrease.... Read More

As the automotive industry focuses on the transition to electric vehicles, a coalition of four Indiana-based agricultural companies still sees value in internal combustion engines burning biofuels, but with a technological twist.... Read More

The chief executive officer of Pittsburgh-based U.S. Steel Corp. will be in Indiana on Tuesday, and members of the United Steelworkers union are planning to make their presence known as contract negotiations continue. ... Read More

Indianapolis-based Corteva Agriscience (NYSE: CTVA) is making the first round of payments to farmers who produced credits as part of the company's Carbon Initiative pilot.... Read More

Ivy Tech Community College named Ethan Heicher chancellor of its Kokomo campus. Heicher previously served as vice chancellor for academic affairs in Kokomo and has held the chancellor position on an interim basis since January.... Read More