NCAA President Mark Emmert Stepping Down

NCAA President Mark Emmert is stepping down after 12 tumultuous years leading an association that has become marginalized while college sports has undergone massive changes and been besieged by political and legal attacks.... Read More

Indy 500 Qualifying Extended

INDYCAR has announced changes to the qualifying format for the 106th running of the Indianapolis 500. The second day of the two-day event will be expanded to include two rounds of qualification attempts to decide the first four rows of the 33-car grid.... Read More

Inotiv Buys Pathology Services Provider Histion

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has acquired Histion LLC, a provider of preclinical laboratory services. While financial terms of the acquisition were not disclosed, Inotiv says the acquisition is a strategic element to the expansion of its specialized pathology services.... Read More

Market Wagon Hits $10M Sales Milestone

Indianapolis-based Market Wagon is celebrating a milestone in its six-year history. The online farmers marketplace says it has received $10 million in cumulative sales for farmers, chefs and artisans in central Indiana.... Read More

CICF Invests in Trails, Greenways

The Central Indiana Community Foundation has received a $25 million grant from Indianapolis-based Lilly Endowment Inc. that will be used to expand and improve pedestrian and bicycle infrastructure in Marion County. The project is part of the Connected Communities Initiative, and will include construction of on-street and off-street protected pedestrian and bicycle infrastructure, such as multi-use paths and greenways.... Read More

Old National Bank Reports Q1 Loss

Evansville-based Old National Bancorp (Nasdaq: ONB) is reporting first quarter net loss of $27.6 million, compared to a net income of $86.8 million during the same period last year. The bank says the drop is primarily due to expenses related to its merger with Chicago-based First Midwest Bancorp Inc.... Read More

Newly-Formed Arts Group Brings New Model to Bloomington

An organization in Bloomington formed through a merger of three performing arts groups has unveiled its new brand and plans for an inaugural season. Constellation Stage & Screen will officially begin operations in July and is launching a five-year fundraising campaign to increase annual revenue to support its theater and film productions, as well as arts education initiatives. The organization looks to bring a unique concept to Indiana's arts community with its "Page to Stage to Screen" pipeline model.... Read More

Metal Recycler Investing in Fort Wayne

A newly-formed international metal recycling firm is bringing a major project to Fort Wayne. The city says Exurban USA Inc. will invest $300 million to build a new facility in the Adams Township Industrial Park and create about 200 full-time jobs.... Read More

German American Bank Reports Profit Dip

Jasper-based German American Bancorp Inc. (Nasdaq: GABC) is reporting first quarter net income of $9 million, down from $19.6 million during the same period last year. The bank attributes the loss to costs associated with its $154 million acquisition of Citizens Union Bancorp of Shelbyville Inc. in Kentucky.... Read More

Record Gift to Launch New Krannert Program

The Krannert School of Management at Purdue University has received a nearly $21 million gift from the Dean and Barbara White Family Foundation, the largest gift in the school's history. In recognition of the gift, the university has announced the launch of the Dean V. White Real Estate Finance Program, an academic minor that will begin this fall.... Read More

Report: Simon, Brookfield Offer to Acquire Kohl’s

Indianapolis-based Simon Property Group Inc. (NYSE: SPG) is reportedly looking to expand its retail ownership footprint. The mall owner and Canada-based Brookfield Asset Management Inc. (NYSE: BAM) are looking to acquire Kohl's (NYSE: KSS) in an $8.6 billion deal, according to the New York Post. ... Read More

UE Names Director of Athletics

The University of Evansville has hired Dr. Kenneth “Ziggy” Siegfried as its new director of athletics. Siegfried joins UE from California State University Bakersfield where he served as director of athletics and associate vice president for student affairs since 2015.... Read More

Indiana Campus Compact Rebrands

Indianapolis-based Indiana Campus Compact has changed its name to Community-Engaged Alliance. The nonprofit says the rebrand allows it to continue supporting place-based community engagement and service-learning initiatives.... Read More