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As private equity pursues public utilities, reports say BlackRock subsidiary wants to buy AES

October 2, 2025 | Marek Mazurek

BlackRock’s interest in AES represents a growing trend of private equity firms investing in, or buying outright, public utility companies as artificial intelligence fuels increasing electricity demands.

Regions Bank economist sees more growth ahead

October 2, 2025 | Susan Orr

Regions Bank’s chief economist, in a visit to Indianapolis, said the metro area has been performing better economically than much of the country, in part because of the area’s diversified economy.

UPDATE: Indianapolis-based ag giant Corteva to split into 2 separate companies

October 1, 2025 | IBJ Staff

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.

Google officially withdraws plans for data center in Franklin Township

October 1, 2025 | Mickey Shuey

The request comes less than two weeks after the company informed the City-County Council that it intended to withdraw its proposal amid intense pushback from neighbors and some city leaders.

Here’s how the federal government shutdown will hit Indiana

October 1, 2025 | Dylan Peers McCoy, WFYI

Federal employees across Indiana will be furloughed or forced to work without pay beginning Wednesday after Congress failed to fund the government, leading to a shutdown.

Trump to announce drug-pricing deal with Pfizer, new ‘TrumpRx’ website

September 30, 2025 | The Washington Post and IBJ Staff

The announcements are part of an effort to secure “Most Favored Nation” pricing deals with pharmaceutical manufacturers, an effort to link U.S. drug prices to the lowest cost of drugs paid by the wealthiest countries.

IBJ Podcast: Goodwill CEO expands programs, embraces mergers, tries new territories

September 29, 2025 | Mason King

Kent Kramer climbed the management ladder at Sam’s Club before finding his true calling supercharging growth for Goodwill’s employment, education and health services.

Indianapolis Indians unveil major changes to logos, uniforms

September 26, 2025 | IBJ Staff

The branding artwork changes are the first ones the team has made in more than three decades.

Mayor’s call center workers form union

September 26, 2025 | Taylor Wooten

The Mayor’s Action Center at the City-County Building has a dozen employees who operate as the front line for complaints and questions for the Hogsett administration. Yet, those employees are among the lowest paid in the city-county enterprise.

Doctors, advocates brace for potentially ‘tragic’ premium increases

September 26, 2025 | John Russell

Five Indiana marketplace insurers—Anthem, UnitedHealthcare, CareSource, Cigna and Coordinated Care Corp.—will hike premiums an average of 31.4% effective Jan. 1 under plans recently approved by the Indiana Department of Insurance.

Indiana Democrats prep for voter redistricting battle

September 26, 2025 | Cameron Shaw, The Indiana Lawyer

Republican legal leaders, including Indiana Attorney General Todd Rokita, have declared a congressional district map redraw “perfectly legal.” Democrats and other opponents say they’ll challenge any such move in court.

Downtown advocacy group rebrands, releases report findings

September 26, 2025 | Mickey Shuey

About 66% of respondents to the newly-named Downtown Indy Alliance’s annual survey said downtown is better than it was five years ago.

UPDATE: IEDC board allows Elevate Ventures to continue investment activity

September 24, 2025 | Susan Orr

The move came hours after Gov. Mike Braun—whose administration last spring froze funding for the nonprofit—made an unscheduled appearance at Elevate’s Rally innovation conference.

‘Shark Tank’ star: US falling behind in global race for AI dominance

September 24, 2025 | Daniel Bradley

Kevin O’Leary, a regular on the ABC show “Shark Tank” known as “Mr. Wonderful,” took the stage Wednesday for a fireside chat on Day 1 of the Rally innovation conference.

Roche’s FDA-approved vitamin D test clears way for diagnostic growth

September 24, 2025 | Daniel Lee

The new vitamin D test, to be distributed from the Swiss-based company’s Indianapolis hub, is the first such test using a mass spectrometry-based system to receive regulatory approval in the U.S.

IU group among finalists for up to $160M to develop musculoskeletal health hub

September 23, 2025 | IBJ Staff

The goal of the National Science Foundation’s Engines program is to grow regional innovation ecosystems.

Eli Lilly plans to make highly anticipated weight-loss pill at new $6.5B Texas plant

September 23, 2025 | Daniel Lee

The $6.5 billion Houston-area plant is part of the drugmaker’s commitment to add four U.S. manufacturing sites through a $27 billion reshoring investment unveiled early this year.

Checking in with past winners of Rally’s IN-Prize pitch contest, aimed at bringing startups to Indiana

September 22, 2025 | Susan Orr

The pitch contest, which comes with the potential for up to $1 million in rewards for each of the winners, returns this week as part of Elevate Ventures’ annual Rally innovation conference.

Applied Research Institute promotes Kossack to CEO

September 19, 2025 | Alex Brown, Inside INdiana Business

The institute declined to provide a reason for the departure of David Roberts, who had led the organization since January 2023.

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