Daniel Lee

Purdue University launches $4B fundraising campaign – it’s largest effort ever

Large universities across the nation are upping their fundraising goals to record levels amid competition for top students, faculty and research funds.... Read More

President Trump’s tariff policies could reach deep into manufacturing-heavy Indiana

The effects of higher costs could ripple out from factories to workers, to the stores they use and into communities across the state. And the costs can compound.... Read More

Duke Energy Indiana seeks OK for natural-gas units at Cayuga in $3.3 billion project

The Plainfield-based utility said the project will coincide with the retirement of the almost 60-year-old coal-fired units at Cayuga—the oldest of Duke’s Indiana coal plants.... Read More

Amended bill would hit nonprofit hospitals with excise tax over high prices

The House Public Health Committee amended a bill that threatens to strip hospitals of their nonprofit status if they exceed a certain price level, raising the penalty threshold and adding language that would create a new hospital facility fee excise tax.... Read More

Lilly reports robust Q4, full-year earnings

Indianapolis-based Eli Lilly and Co. reported fourth-quarter earnings early Thursday morning that topped Wall Street expectations, largely driven by sales of blockbuster medications including weight-loss drug Mounjaro.... Read More

State regulators OK electricity rate hike for Duke Energy

The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.... Read More

Opponents say bill would punish, financially harm Indiana’s nonprofit hospitals

The bill would require nonprofit hospitals—though not county hospitals—to file a report each year by Nov. 1 with the Indiana Department of Health showing aggregated data on billed services compared with the Medicare reimbursement rate for those same services.... Read More