A new study co-authored by an associate professor at the Indiana University Kelley School of Business, says a provision of the Tax Cuts and Jobs Act of 2017 did little to effect CEO pay. The legislation repealed a nearly 30-year-old exemption that allowed companies to deduct performance-based pay for executives, with the idea that companies would move away from performance pay to cash-based fixed compensation. ... Read More
A new report from Los Angeles-based nonprofit WorkingNation says the demand for green jobs in Indiana is projected to increase nearly 30% over the next five years. "Green Jobs Now: Indiana" says the state currently employs nearly 12,000 green economy workers and there were more than 3,500 job openings in 2021.... Read More
Crews are expected to complete the finishing touches of the I-69 Finish Line project in Morgan County by the end of the month. Martinsville Mayor Kenny Costin says while the project has caused more than a few headaches for motorists and residents, there has been a silver lining to the construction effort. He says detours have led to an increase in visits to the city's downtown.... Read More
A historic warehouse building near downtown Evansville is gaining new interest from potential owners. Our partners at WEHT-TV report the former Crawford Door Sales building is on the market again after plans to turn it into an assisted living facility fell through.... Read More
A site in Shelby County is one of four selected for waste heat to power (WHP) projects being developed by Kansas-based Tallgrass Energy and Houston-based Kanin Energy. The developers say when complete, the Indiana project will create enough emission-free energy to power more than 8,500 homes annually.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is making changes to its top leadership, the company announced Thursday. Tom Linebarger will step down as chief executive officer on August 1, though he will remain chairman of the board. Jennifer Rumsey, who currently serves as president and chief operating officer, will be promoted to president and CEO, becoming the first woman to lead the company in its more than 100-year history.... Read More
Indianapolis-based Sun King Brewing Co. was named the Grand National Champion at the 2022 U.S. Open Beer Championships. The brewery earned the honor by having the most winning entries, while several other Indiana-based breweries also earned medals.... Read More
An assistant professor of physics and astronomy at Purdue University says the images released this week from the the James Webb Space Telescope represent a new era in space exploration. Danny Milisavljevic, is leading a team of dozens who will study images produced by the JWST, including the supernova Cassiopeia A.... Read More
A new Indianapolis startup aims to improve workforce wellness among healthcare workers. vellum was formed from a collaboration between High Alpha Innovation in Indy and Indiana University Health with the goal of using technology to help hospitals and healthcare systems to reduce nurse turnover and burnout by building individual and team wellness. ... Read More
South Bend-based Beacon Health System is marking the completion of a nearly $5 million addition to Beacon Granger Hospital. The health system announced Wednesday the new outpatient MRI Center will provide improved access to MRI services.... Read More
