Cummins to acquire Meritor for $3.7B
Columbus-based Cummins said its acquisition of Michigan-based Meritor, a maker of electric axle and brake technology, will help accelerate Cummins’ electric and hybrid business.
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Columbus-based Cummins said its acquisition of Michigan-based Meritor, a maker of electric axle and brake technology, will help accelerate Cummins’ electric and hybrid business.
Moira Carlstedt, president and CEO of the Indianapolis Neighborhood Housing Partnership for nearly a quarter-century, plans to leave her position later this year, the organization announced Tuesday.
About three years after first breaking ground, Indianapolis-based Strategic Capital Partners LLC has already brought to market about two-thirds of the 80-acre project, known as 65Commerce Park.
U.S. women soccer players reached a landmark agreement with the sport’s American governing body to end a six-year legal battle over equal pay, a deal in which they are promised $24 million, plus bonuses that match those of the men.
The high court said Tuesday it would hear the case of a web designer who says her religious beliefs would lead her to decline any request from a same-sex couple to design a wedding website.
New York City-based investment firm Standard General plans to take television station owner Tegna private in the deal, which has an enterprise value of about $8.6 billion, including the assumption of debt.
The Indianapolis-based pharmaceutical company said the facility is part of its strategy to advance RNA-based therapeutics and builds on its acquisition of Prevail Therapeutics, a gene therapy company based in New York.
Players attending the NFL’s scouting combine in Indianapolis next week won’t have to stay in a “bubble” as originally ordered after organizers loosened regulations Monday night after getting blowback for strict COVID-19 rules issued over the weekend.
While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.
University of Michigan men’s basketball coach Juwan Howard also was fined $40,000 for hitting a Wisconsin assistant in the head, triggering a postgame skirmish.
The grant will be used to fund mortgages to low-income residents who are buying one of 12 newly-constructed homes that are being built on previously-vacant properties in the neighborhood.
The Archdiocese is continuing its fight to block the discrimination lawsuit brought by Joshua Payne-Elliott. The language and social studies teacher was fired after 13 years of teaching at Cathedral High School because he is married to a man.
The fines are one way Medicare is clamping down on hospitals, using penalties and incentives authorized by the Affordable Care Act to push for better outcomes, fewer safety problems and a lower number of readmissions.
The House Ways and Means Committee on Monday tabled an amendment that would have conditioned the removal of some public transportation funding requirements on compliance with new lane minimums—which would’ve involved budget-busting redesign and land acquisition over several miles of the proposed 24-mile route.
In Indiana, hospitalizations for COVID-19 fell to 1,093 on Sunday, down 69% from a pandemic high of 3,519 on Jan. 13.
A bill that seeks to increase the number of Indiana students who complete the federal college financial aid application advanced to the Indiana House on Monday, but only after lawmakers removed an significant mandate from the measure.
Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Central Indiana homebuilders are coming off their busiest year since 2005, but January saw a big drop in single-family building permit filings.
The concern that Russian troops could descend on the Ukrainian capital, Kyiv, a city of about 3 million people less than a three-hour drive away, has added to uncertainties for investors already jittery over central bank strategies to combat inflation.