An indictment unsealed this week does not identify the companies involved, but details in the court documents line up with those of Cummins’ 2022 acquisition of Michigan-based Meritor Inc.
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The company, which has developed a smart-mailbox system for drone delivery, said it expects to begin trading on the Nasdaq exchange.
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Emmis Corp. CEO Jeff Smulyan says he believes his fourth pitch to take the Indianapolis-based media company private will be successful.
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The list, available at Indiana250.com, was compiled by the executives, editors and newsroom staffs at IBJ Media’s three news brands—Indianapolis Business Journal, Inside INdiana Business and Indiana Lawyer—after a monthslong process that included reviewing nominations, researching Indiana organizations and interviewing community leaders across the state.
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In its first financial report since going public via merger, Carmel-based Republic Airways gave some details about its ongoing integration with Arizona-based Mesa Group. The two companies completed their merger in November.
Republic Airways president Matt Koscal has been with the company since 2014, serving in several positions.
The long-awaited return of IPO activity this year minted 21 new billionaires, but what came after many companies’ eye-popping debuts was often a different story.
The old ticker symbol is a holdover from OpenLane’s previous name, KAR Auction Services Inc. The new symbol debuts at the open of trading Dec. 26.
In its complaint, the company accuses the former consultant of interfering with its business opportunities, including what is described as a potentially multibillion-dollar deal with a large logistics company.
The path to going public during the shutdown requires some creativity, as well as the willingness to venture into uncharted territory.
Hillenbrand Inc., one of Indiana’s largest public companies, is set to become private after being acquired by an investment firm headquartered in Dallas, the company announced Wednesday.
The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
Corteva, one of Indiana’s largest publicly traded companies, plans to split its seed and pesticide businesses into two independent, publicly traded companies by the end of 2026.
The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.
Allegion, whose Americas division is based in Carmel, has completed nine acquisitions so far this year—a significant increase from recent years.
Fishers-based Arrive AI, which secured its first patent in 2014 and launched as a company in 2019, reported its first-ever revenue during the second quarter, the company announced Thursday.
The company, which makes vaccines, antibiotics and other animal-health products, said it now expects full-year revenue of between $4.57 billion and $4.62 billion.
Weaker results posted this month by top rival UnitedHealth had raised concerns for others in the sector.
Syra Health Corp. plans to offer stock on the over-the-counter market after the company failed to meet Nasdaq Stock Market’s price requirements for its shares.
Whether out of fear of losing federal funding, a desire to avoid litigation or a reluctance to seem political, organizations are changing the way they talk about diversity—if not outright cutting back on their pro-diversity efforts.
It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days.
Montana Renewables said the money will help make it become the biggest producer of sustainable aviation fuel in the world.
New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.
Arrive AI, which has developed a “smart mailbox” system for human and drone deliveries, intends to go public via a direct listing on the Nasdaq Global Market.
