IEDC to Host READI Presentations

The Indiana Economic Development Corp. is in the midst of hearing plans for the $500 million Regional Economic Acceleration and Development Initiative. Six of the 17 regions that have submitted plans will Wednesday make their presentations to the READI review committee.... Read More

IURC Approves CenterPoint Rate Case Agreement

The Indiana Utility Regulatory Commission has approved a settlement agreement over a rate increase request from the Indiana-based gas utility for CenterPoint Energy Inc. (NYSE: CNP). The Indiana Office of Utility Consumer Counselor says the agreement will reduce the utility's annual base rates by nearly $6 billion, though customers will still see increases on their bills.... Read More

Duke Energy Details $1.9B Improvement Plan

Plainfield-based Duke Energy Indiana has filed a $1.9 billion plan with the Indiana Utility Regulatory Commission it says will improve the reliability of its statewide network. If approved, the utility says the plan would increase rates an average of 1% per year over five years beginning in 2024.... Read More

Convicted Manufacturing Execs Ordered to Pay Penalties

The U.S. Securities and Exchange Commission has announced final judgments against two former executives of an Evansville plastics manufacturer. The SEC says Kevin Kuhnash and Jason Jimerson are being ordered to pay more than $2 million in penalties and interest after being sentenced to prison earlier this year on charges of securities fraud and money laundering.... Read More

Indy Company Doubles Down on Commitment to Veterans

An Indianapolis-based clinical asset management company says it is furthering efforts to support active and veteran military personnel. TRIMEDX has announced it is now a DOD SkillBridge industry partner and employer, which it says will allow the company to provide learning opportunities such as... Read More

DRONEDEK Inks Deal for Smart Mailbox Production

Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More