Canadian investor to pay $593M for stake in IPL
The parent company of Indianapolis Power & Light Co. plans to use the investment to help fund $1.4 billion in capacity improvements and environmental upgrades for IPL.
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FEMA, Indiana tell Kokomo to stop stadium work
Despite warnings about violations, Kokomo is pushing forward with the $9 million baseball stadium project, which includes spending $2.5 million on flood-prevention measures along Wildcat Creek.
Plan to rate teacher training raises concerns
A U.S. Department of Education plan to use student test scores to rate colleges and universities for their teacher training is drawing fire from some Indiana educators.
Wind farm companies make $650 million deal
German utility company E.ON has sold most of its minority ownership stake in a 126-turbine central Indiana wind farm to majority owner Enbridge Inc.
Indianapolis Museum of Art admission charge: Where do you stand?
Now that you’ve had some time to think about it, what do you think the new policies will have on the IMA? And on you?
Ball State sees sharp drop in teacher candidates
Teaching isn't making the grade as a career path for many students due to a string of recent trends.
Section 8 proposal angers Indianapolis landlords
Advocates for low-income housing are clashing with Indianapolis landlords over a proposal that would make it illegal to reject tenants solely because they use government subsidies to pay their rent.
Sun King to put limits on distribution to avoid state cap
Sun King Brewing Co. said it plans to quit distributing beer outside of the Indianapolis metropolitan area because it is close to hitting the state’s 30,000-barrel-a-year production limit at its downtown brewery.
Museum of Art admission jumping from free to $18
The Indianapolis Museum of Art, which hasn’t charged an admission fee since 2007, will begin charging adults $18 for entry to the museum and gardens starting in April, the IMA announced Friday.
Cheaper gasoline, food shrink U.S. producer prices
The retreat of wholesale costs gives the Federal Reserve more leeway to keep interest rates at record lows in an effort to stimulate the economy.
Pence says he wants to cut taxes ‘even further’
Gov. Mike Pence is telling his campaign donors that he plans on "cutting taxes even further" during Indiana's upcoming legislative session.
On tap for $8M Carmel child-care center: bowling, theater, science
Phoenix-based Children’s Learning Adventure plans bring its state-of-the-art child-care concept to Indiana, proposing an $8 million facility at a prominent corner in Carmel.
Purdue, Ivy Tech create path for engineering majors
Ivy Tech Community College has created a way for pre-engineering students to continue their studies toward a bachelor's degree in one of two engineering disciplines at Purdue University.
Local water logistics company expands in Chicago area
Indianapolis-based TPG Marine Enterprises LLC announced Thursday that it has acquired Chicago Dry Dock, a shipyard near Lake Michigan founded in 1979.
UPDATE: City picks Paris-based group to build justice center
WMB Heartland Justice Partners, which beat out two other finalists, will require the city to pay $46.8 million a year, $3.2 million less than the ceiling the city set.
State adds torch relay to bicentennial celebration
Indiana will host a torch relay across the state as part of its 200th birthday celebration in 2016.
Alzheimer’s tests present dilemma of knowing the future
While the tests will likely help drug companies like Eli Lilly and Co. evaluate medicines, they’ll also create wrenching personal and ethical dilemmas for patients who will have to live with the knowledge that they’re destined to develop the disease.
Muncie judge faces state disciplinary charges
The state commission that oversees judicial conduct has filed 13 disciplinary charges against a Muncie City Court judge, including abuse of judicial power, repeated violations of statutes and court rules, and injudicious public conduct.
Indy dentist accused of $260,000 in false claims
Marion County Prosecutor Terry Curry said Dr. Bernice Avant was charged Thursday with one count of Medicaid fraud and four counts of theft.
Pedcor promises plenty of parking at Carmel City Center
Carmel City Council’s finance committee is supporting a $20 million bond issue to finish the ambitious City Center mixed-use development, but not before persuading developer Pedcor Cos. to strengthen an already-unusual array of project guarantees.