Local maker of organic oils rakes in $9.5M in venture funding
The round of financing was led by Indianapolis-based HG Ventures, which is the corporate venture arm of a major shareholder in Biosynthetic Technologies.
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Chinese team heads to Washington to salvage trade talks
The announcement suggests President Xi Jinping's government is putting its desire to end a conflict that has battered Chinese exporters ahead of the political need to look tough in the face of U.S. pressure.
Mexico says tariffs will send tomato prices soaring in U.S.
Mexico’s Economy Department said Tuesday that U.S. consumers could pay 38% to 70% more for tomatoes if the U.S. Commerce Department re-imposes anti-dumping duties on Mexican imports.
U.S. job openings jump to nearly 7.5 million
There are now 1.2 million more open jobs than there are unemployed Americans, a dynamic that suggests businesses will have to keep raising pay to attract and retain the workers they need.
Education startup plans $16M headquarters, charter school building on west side
Crossroads Education, a startup founded in 2016 that develops learning environments for K-12 schools and colleges, needs the city to rezone the property in Haughville and get approval for the height of the building.
Early voting up in Marion County, but even more so in Hamilton County
In Hamilton County, the increase is likely tied in part to some interesting GOP primary battles. In Marion County, voters could choose to vote early at any of three different polling sites for the first time in a decade. Polls are open Tuesday from 6 a.m. to 6 p.m.
Zionsville Town Council deadlocks on controversial apartment project
With one member absent, the Zionsville Town Council voted 3-3 on a proposal by JC Hart to build a $40 million apartment community near the town’s downtown village.
U.S. plans to hike tariffs Friday, says China broke promises
Accusing Beijing of "reneging" on commitments it made in earlier talks, the nation's top trade negotiator said Monday that the Trump administration will increase tariffs on $200 billion in Chinese goods.
Cummins possible suitor for VW peripheral unit valued at $3.4B
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
Daniels defends daughter’s tailgate-village contract with Purdue
Purdue University President Mitch Daniels says he "bent over triple-backwards" to avoid the appearance of favoritism in the school's agreement to let his daughter's company showcase its tiny homes.
Software firm Boardable secures $1M in capital from High Alpha
Founded in 2017, Boardable plans use the investment on talent, product development, marketing and sales—with the goal of doubling employment by the end of the year.
OurHealth continues growth surge, opens more clinics in Cincinnati
The Indianapolis-based company also announced a deal to cover nearly 4,000 government workers and dependents in Hamilton County, Ohio.
Closures at Steak n Shake hit 60 this year, including five in Indy area
Steak n Shake has closed dozens of company-owned restaurants since the beginning of the year, but says those closures are temporary while it looks for franchisees to take over their operations.
Indiana among 3 finalists for USDA divisions, but proposed location unknown
Indiana’s short-listed proposal—submitted by Purdue University and state officials—was one of 136 received by the USDA last year from 35 states. Relocating the two research divisions to Indiana could bring 570 federal jobs.
International joint venture planning $29.5M plant in Rushville, up to 250 jobs
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
Under new rules, local voters on Tuesday can go to any polling station in Marion County
The county has switched to the “vote center” system, giving residents a choice of 277 polling places. Voters also will see the rollout of new technology, including electronic poll books and touch-screen ballots.
Trump threatens to hike tariffs on $200B of Chinese imports
President Trump's comments, delivered on Twitter, came as a Chinese delegation was scheduled to resume talks in Washington, D.C., on Wednesday aimed at resolving a trade war that has shaken investors and cast gloom over the world economy.
IBJ Podcast: A startup’s journey from idea to pivot to series A fundraising
120WaterAudit co-founder and CEO Megan Glover talks to host Mason King about the challenges of raising money and whether being based in Indianapolis helps or hurts those efforts. Her answer may surprise you.
