Medical-device company to raise about $15M in IPO
Neuraxis Inc., based in Versailles and with an office in Carmel, said it will use the proceeds to ramp up its sales and marketing efforts, along with research and development and other functions.
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Rural hospitals worry as lawmakers move to lower costs for patients
Indiana lawmakers have seized on high health care costs as a priority problem to tackle this legislative session, but rural hospitals with thin profit margins are worried—and want more help from the state.
Democrats seek tighter limit on stock buybacks in chip subsidies
The members of Congress want companies that accept money authorized by the Chips and Science Act to be restricted from engaging in stock buybacks for at least 10 years.
Purdue lands $50M donation for new business school
The Dean and Barbara White Family Foundation has committed $50 million for the undergraduate institute at the Mitchell E. Daniels Jr. School of Business at Purdue University, the school announced Monday.
Former church business manager sentenced to 2 years in prison
Investigators say Marie Carson illegally transferred $573,836 in church and school money into her private accounts from 2008 to 2021 and used much of the money to pay for casino gambling and an annual month-long vacation to Florida.
IBJ Podcast: He stitched handbags in his Irvington basement, and now it’s a $1M business
In conversation with podcast host Mason King, Howl & Hide’s Christian Resiak details the process of building the business from scratch and his grand plan to become a global brand.
Rokita under investigation by disciplinary commission for statements about Indiana doctor
The proceedings stem from an ongoing legal saga between Rokita and Dr. Caitlin Bernard, an Indianapolis OBGYN.
Eagles’ Steichen leads Colts’ coaching candidates, source says
Shane Steichen, who was one of three finalists for AP Assistant Coach of the Year, would become the second Eagles offensive coordinator hired by the Colts as their head coach.
Report: Companies’ climate targets not what they claim to be
A new report concludes major brands are exaggerating how ambitious their efforts to cut greenhouse gas emissions are—in effect misleading consumers, investors and governments.
IRS won’t tax most relief payments made by states last year
The IRS announced Friday that most relief checks issued last year by states, including Indiana, aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in.
New classified document found in FBI search of Pence home
Pence adviser Devin O’Malley said the Department of Justice completed “a thorough and unrestricted search of five hours” and removed “one document with classified markings.
Made in Indiana: 12 Flavor Gummi Bears by Albanese Confectionery
12 Flavor Gummi Bears is the best-selling product for Merrillville-based Albanese Confectionery and is sold in a variety of sizes, from 1 ounce snack packs to 5 pound bulk bags.
Kim and Todd Saxton: The power of inflection points in your venture journey
Losing a key team member or a major customer, or having a product fail in the field, can lead to significant declines in revenue, customer trust and optimism.
Pete the Planner: Life changes? Go see your financial planner—now
You listed nine instances in which you should have reconnected with your financial adviser. You are zero for nine.
Cecil Bohanon and John Horowitz: In war, looking at wrong things can bring defeat
| Cecil Bohanon and John Horowitz
If you look at the wrong things, such as how many enemy soldiers are killed, measures such as “cost-effectiveness” can become misleading.
Amy Waite: What ‘navigable waters’ definition means for Indiana agriculture
The scope of federal jurisdiction under the law has long been a challenge for farms, ranches and other agribusinesses.
MPS offers first carbon-neutral eggs for U.S. consumer market
North Manchester-based MPS Egg Farms employs roughly 600 people and keeps 12.1 million laying hens, which produce 9 million eggs per day for distribution across the United States.
Marijuana backers prepping for ‘inevitable’ legalization
Supporters say Indiana is missing out on a valuable opportunity by remaining one of only 13 states without a medical or adult-use cannabis program.
Builders say construction-site theft is ‘rampant’
The people who do the stealing range from individuals committing small-time, spur-of-the-moment thefts to organized crews who go from state to state, hitting construction sites and then blowing town.
Critics call for audit of county fair board
Several neighbors denied entry to a Marion County Fair board meeting want city-county government to stop supplementing the private organization’s budget until the fair’s leadership agrees to an outside audit.
