For nearly six decades, the 800-acre Petersburg Generating Station in southern Indiana has helped keep the lights on in Indianapolis. It has powered homes, factories and office towers. Now, the Petersburg Generating Station is closing in on a sweeping change.... Read More
AES Indiana said Thursday it plans to invest about $1.1 billion in Pike County as part of its transition from coal to natural gas at its massive Petersburg Generating Station. The Indianapolis-based electric utility was set to announce the plan at a...... Read More
Marsh Davis, the longtime head of Indiana Landmarks, a not-for-profit that has helped preserve scores of historic buildings across the state, plans to retire in April 2025 after 19 years at the helm, the organization announced Thursday.... Read More
The Lilly Endowment has approved grants totaling more than $300 million to 13 colleges and universities in Indiana to support community development projects aimed at improving quality of life, the endowment announced Friday afternoon.... Read More
Trilogy Health Services, one of the Midwest’s largest senior-living companies, is growing in Indiana again. The Louisville-based company said this month it plans to expand the number of senior residences at its Prairie Lakes health campus in...... Read More
Community Health Network saw an increase in admissions, emergency visits, deliveries and physician outpatient visits during the first six months of 2024. Yet, the Indianapolis-based hospital system saw its operating income drop 44% during the period.... Read More
Work on Indiana University Health’s $4.3 billion downtown hospital campus is set to be finished in late 2027. Officials with IU Health noted the new hospital, with three 16-story patient towers, should receive its top beam—or be “topped out”—next spring.... Read More
Shares of Indianapolis-based drugmaker Eli Lilly and Co. continued a two-day slide Thursday, falling about 6% at close on news that Swiss competitor Roche announced positive results from an early-stage study on its own obesity drug.... Read More
INCOG BioPharma Services, a Fishers-based company that produces sterile injectable drugs, said Monday it is investing an additional $125 million to expand operations, including the construction of a second, 100,000-square-foot building on its campus.... Read More
The U.S. Department of Labor is asking a federal judge to hold the owner of eight Indianapolis-area health care services companies in contempt for allegedly ignoring a 2022 court judgment requiring him to pay overtime to his employees.... Read More
