Indianapolis Power & Light names Ohio utility exec as CEO
Vincent Parisi will become the fourth leader of IPL since 2015, managing a utility that serves about 500,000 customers in central Indiana.
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Cummins plans $35M office building in Greenwood as part of $68M expansion
Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Indianapolis-based wind-farm developer loses $22.9M in first quarter
Infrastructure & Energy Alternatives Inc. chalked up the loss to several expensive acquisitions and the cost of finishing projects delayed by weather.
Bloomington-based Oliver Winery now sells in 27 states
Company’s emphasis on sweet wines has helped make Oliver the largest Hoosier winery (by far) and the 44th-largest in the United States.
Indians moving forward on $8.3 million Victory Field project
The Indians will get a new club and additional space in their administrative offices with a multi-million-dollar project expected to start once the 2019 season concludes. The project has received approval from the Capital Improvement Board.
New council in Westfield might curtail spending
A dramatic shakeup of the Westfield City Council could result in more scrutiny of development proposals that are part of Mayor Andy Cook’s vision for the growing city.
State wants to offer $1,000 ‘bridge’ for low-income Hoosiers leaving Medicaid
The Indiana Family & Social Services Administration says the plan is designed to help bridge the transition from the Healthy Indiana Plan to private health insurance, and help pay for premiums, deductibles, co-pays and other costs.
IDEM to hike permit fees for first time in decades
The cost of Indiana environmental permits on everything from incinerators to wastewater-treatment plants is just a fraction of what nearby states charge.
Ivanka Trump encourages lifelong learning at Salesforce event
During a panel discussion with individuals who have participated in Salesforce’s Trailhead training program, Ivanka Trump said her goal is to make sure everyone has ongoing access to training opportunities.
Memory Bank: Apartment project rises in 1926
The Shelton apartment building went up at 825 N. Delaware St. in 1925 and 1926 and was developed by F. Rolland Buck and the Foster Engineering Co.—both of which had previously worked with famed architect Frank Lloyd Wright.
Charlotte Westerhaus-Renfrow: Why failing (successfully) is a good thing to do
Business leaders, managers and entrepreneurs should encourage intelligent failure to promote growth and innovation and to keep their organizations ahead of the curve.
Q&A with Kai Chuck, Westfield’s director of global strategy and business development
Chuck has more than a decade of experience working in international economic development.
BOHANON & CUROTT: Foolish anti-subsidies goal fuels trumped-up trade war
It seems foolish for the USA to risk a worldwide economic downturn via a trade war in an attempt to persuade China to retreat from a foolish policy that harms mainly the Chinese.
Walmart reports best first quarter in nine years
Shares in Walmart Inc. jumped Thursday morning after the nation's largest retailer exceeded quarterly same-store sales estimates and saw online sales continue to climb.
MIKE LOPRESTI: College baseball—it’s not just for Southern states
Indiana, Indiana State and Ball State are putting up impressive numbers as tournament time nears.
STAR Bank to open Monument Circle office
Fort Wayne-based STAR Financial Bank plans to take over a 12,000-square-foot space at 40 Monument Circle that currently houses the staff of Indianapolis Monthly. The Monthly offices are part of the headquarters of Emmis Communications Corp., which owns the magazine. Magazine staff will move into another part of the Emmis building. STAR plans to invest nearly […]
Indiana bankers group launches insurance agency
The Indianapolis-based Indiana Bankers Association has created a bank-focused insurance agency called IBA Insurance Solutions.
Carmel-based bank opens Chicago office
Carmel-based Merchants Capital Corp. opened a mortgage production office in downtown Chicago last month.
Kokomo credit union merging into Financial Center First
Indianapolis-based Financial Center First Credit Union is building a branch in Kokomo and will complete a merger with Kokomo Heritage Federal Credit Union when the branch opens this fall.