Braun calls for evaluation of utility companies’ profits amid rate hikes
Gov. Mike Braun also appointed a new commissioner of the Office of Utility Consumer Counselor, which serves as an advocate for Indiana utility customers.
Alex Brown, Inside INdiana Business
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International School targets major upgrades with 10-year master plan
The plan, which has an estimated cost of $15.5 million, will feature a series of infrastructure upgrades, facility additions and enhancements, and an endowment to fuel long-term campus maintenance.
Photon Automation launches energy-focused contract manufacturing division
The Greenfield-based company is expanding with a new division that will provide contract manufacturing and development services for the battery and energy storage industry.
Former Corteva leader tapped as next AgriNovus CEO
She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
Stellantis announces job cuts at Indiana EV battery plant
StarPlus Energy LLC, the joint venture between global automaker Stellantis and Samsung SDI, is laying off workers, Stellantis announced Wednesday.
Brightlane Learning announces CEO transition
Brightlane Learning provides academic support to unhoused students, as well as guidance for their families and caregivers at more than 30 Indianapolis-area schools and shelters.
Fishers-based Arrive AI plans to add 40 jobs amid expansion
Arrive said most of the jobs will be based at its Hamilton County headquarters.
Downtown foot traffic, Indianapolis hotels saw boost during Pacers’ run to NBA Finals
The nine-week playoff run led to a significant financial boost for local hotels and an increase in visitor traffic to restaurants and attractions.
Hundreds of Duke Energy workers preparing to go on strike
Nearly 1,000 union workers at Duke Energy Indiana are set for an “imminent work stoppage” over a contract dispute with the Plainfield-based utility.
BP pausing blue hydrogen effort at Whiting Refinery
BP said other factors in its decision to pause the hydrogen project included a slow-developing hydrogen market in the Midwest and uncertainty created by current economic conditions.
Allison Transmission to acquire Dana Inc. business unit for $2.7 billion
The business unit employs about 11,000 people in 25 countries. Allison did not specify if any jobs would be negatively affected by the deal.
Vera Bradley CEO to step down in wake of $33.5M quarterly loss
Jackie Ardrey has been CEO of the Indiana-based handbag and luggage designer since November 2023.
Goodwill of Central & Southern Indiana to merge with Illinois counterpart
The combined nonprofit will operate in 40 Indiana counties and 21 central Illinois counties, serving tens of thousands of people.
Ivy Tech Community College approves two-year tuition freeze
The move follows recommendations from Gov. Mike Braun and the Indiana Commission for Higher Education for all public higher education institutions to keep tuition flat.
UPDATE: Trump announces ‘planned partnership’ between U.S. Steel and Nippon
The proposed acquisition, first announced in December 2023, was originally blocked by former President Joe Biden.
Report: Nippon increases investment pledge to $14B if U.S. Steel sale is approved
U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.
UPDATE: Ivy Tech taps outgoing Louisville public schools chief as next president
Martin Pollio, who will succeed Sue Ellspermann at Ivy Tech, has led Kentucky’s largest school district as superintendent since 2017.
Indianapolis Motor Speedway Museum president to step down
In addition, the museum announced this week that it has acquired 14 race cars from Chip Ganassi Racing, including five Indianapolis 500 winners.
Alexandria annexation bill signed into law
The legislation allows Alexandria to annex about 460 acres of noncontiguous land in Madison County, paving the way for an industrial park.
Trump orders new review of Nippon Steel acquisition of U.S. Steel
In January, former President Joe Biden blocked the proposed $14.9 billion acquisition of Pittsburgh-based U.S. Steel by Nippon Steel in Japan. However, President Donald Trump on Monday ordered a new review of the deal.