Cummins CEO Jennifer Rumsey to become board chair

Cummins Inc. CEO Jennifer Rumsey will take over as the company’s board chair when Tom Linebarger retires at the end of the month, Cummins announced Wednesday. Rumsey will step into the position on Aug. 1, while still retaining her position as CEO.... Read More

Peyton Manning added to Rally event

Indianapolis-based Elevate Ventures is adding another sports legend to the lineup of its inaugural Rally innovation conference next month. Former Indianapolis Colts quarterback Peyton Manning will serve as a keynote speaker at the event.... Read More

Slowing US inflation eases pressure on households

Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021, thanks in part to easing prices for gasoline, airline fares, used cars and groceries.... Read More

NIPSCO northwest Indiana solar projects are live

Northern Indiana Public Service Co. announced this week that two of its first Indiana-based solar projects are operational. Together, the projects are expected to produce hundreds of megawatts of power and bring millions of dollars in economic investment.... Read More

Energy Systems Group acquired

Newburgh-based Energy Systems Group LLC is under new ownership. The sustainable energy solutions provider announced Tuesday it has been acquired by Oaktree Capital Management LP, a global investment management firm headquartered in Los Angeles, California.... Read More

IEDC opens South Korea office

The Indiana Economic Development Corp. has launched an office in South Korea, with the goal of attracting foreign direct investment in the energy, electric vehicle and semiconductor sectors, the state agency announced Tuesday.... Read More