First Merchants Bank announces merger with Jeffersonville bank
The combined company is expected to continue to do business under the First Merchants Bank brand and would have combined assets of $21 billion.
Alex Brown, Inside INdiana Business
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Former Ball State employee files federal lawsuit over termination for Charlie Kirk comments
The suit, filed Monday in an Indianapolis federal court, claims Suzanne Swierc’s firing was a violation of her First Amendment rights.
Applied Research Institute promotes Kossack to CEO
The institute declined to provide a reason for the departure of David Roberts, who had led the organization since January 2023.
‘Power Up’ initiative seeks to boost employee upskilling efforts
Using $10 million appropriated by the Legislature, the state’s Office of Commerce says it will provide grants to employers to offer training with the goal of building skills to match the needs of their open positions.
Martin University president Huddleston to step down
Sean Huddleston was appointed the fifth president of the Predominantly Black Institution in 2019 and received a 10-year contract extension in 2022.
Butler Angel Network aims to give students venture capital experience
Students will actively participate in due diligence, deal sourcing, portfolio analysis and angel investor communication as a way to gain real-world exposure to early-stage investing, the university said.
READI regions provide ‘sound foundation’ for Indiana’s regional policy, study says
Earlier this year, Gov. Mike Braun signed an executive order directing state leaders to establish a unified regional framework for economic and workforce development.
Braun calls for evaluation of utility companies’ profits amid rate hikes
Gov. Mike Braun also appointed a new commissioner of the Office of Utility Consumer Counselor, which serves as an advocate for Indiana utility customers.
International School targets major upgrades with 10-year master plan
The plan, which has an estimated cost of $15.5 million, will feature a series of infrastructure upgrades, facility additions and enhancements, and an endowment to fuel long-term campus maintenance.
Photon Automation launches energy-focused contract manufacturing division
The Greenfield-based company is expanding with a new division that will provide contract manufacturing and development services for the battery and energy storage industry.
Former Corteva leader tapped as next AgriNovus CEO
She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
Stellantis announces job cuts at Indiana EV battery plant
StarPlus Energy LLC, the joint venture between global automaker Stellantis and Samsung SDI, is laying off workers, Stellantis announced Wednesday.
Brightlane Learning announces CEO transition
Brightlane Learning provides academic support to unhoused students, as well as guidance for their families and caregivers at more than 30 Indianapolis-area schools and shelters.
Fishers-based Arrive AI plans to add 40 jobs amid expansion
Arrive said most of the jobs will be based at its Hamilton County headquarters.
Downtown foot traffic, Indianapolis hotels saw boost during Pacers’ run to NBA Finals
The nine-week playoff run led to a significant financial boost for local hotels and an increase in visitor traffic to restaurants and attractions.
Hundreds of Duke Energy workers preparing to go on strike
Nearly 1,000 union workers at Duke Energy Indiana are set for an “imminent work stoppage” over a contract dispute with the Plainfield-based utility.
BP pausing blue hydrogen effort at Whiting Refinery
BP said other factors in its decision to pause the hydrogen project included a slow-developing hydrogen market in the Midwest and uncertainty created by current economic conditions.
Allison Transmission to acquire Dana Inc. business unit for $2.7 billion
The business unit employs about 11,000 people in 25 countries. Allison did not specify if any jobs would be negatively affected by the deal.
Vera Bradley CEO to step down in wake of $33.5M quarterly loss
Jackie Ardrey has been CEO of the Indiana-based handbag and luggage designer since November 2023.
Goodwill of Central & Southern Indiana to merge with Illinois counterpart
The combined nonprofit will operate in 40 Indiana counties and 21 central Illinois counties, serving tens of thousands of people.