Local Business

North Vernon breaks ground on housing development

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NORTH VERNON — The city of North Vernon broke ground Tuesday on Heritage Estates, a new residential development that will bring more than 100 new housing units to the city.

City plans to sell riverfront parcels

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The Columbus Redevelopment Commission is planning to sell a couple of riverfront parcels to Moravec Realty.

JCBank opens branch in Johnson County

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JOHNSON COUNTY — Seymour-based JCBank opened its newest banking center with a public ribbon cutting on May 4. The event welcomed local dignitaries, Aspire Economic Development and Chamber Alliance members, and JCBank staff and customers.

Making progress: Fieldhouse taking shape as construction stays on schedule

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Contractors are nearing completion on the initial framework of Columbus’ new fieldhouse.

Eastern Bartholomew Water issues a boil water advisory for all of its customers, including...

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12:30 p.m. update Eastern Bartholomew Water officials corrected an earlier announcement about the boil water advisory, now saying the reason for the boil water notice...

DeClue named executive director of new Office of Downtown Development, focused on investing in...

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COLUMBUS, Ind. -- Local community members have announced a new organization focused on the vitality of downtown Columbus. The Office of Downtown Development (ODD Office)...

Cummins reports record first quarter results

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COLUMBUS, Ind. -- Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent...

Back to campus: Purdue senior development hopes to attract older alums

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WEST LAFAYETTE — A college campus might not be the first place people imagine living after retirement. But Purdue University is planning a massive development that will bring alums back to school for their senior years.

Behavioral finance biases can destroy NFL Draft, investor returns

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The NFL Draft and securities markets both provide researchers with huge amounts of data for analyzing “judgement under uncertainty” and “decision under risk.” Research leads to understanding how NFL general managers and investors make choices when “resources are at stake” and “the outcome is unknown.”