Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop. Indiana and Illinois have been particularly hard hit.
The Indianapolis Parks Foundation has selected Tanya Husain as its new president, the group announced Monday. Husain will replace retiring parks foundation president Cindy Porteous.
Three former board members of Progress Energy Inc. said they would have voted against Duke's $17.8 billion takeover offer had they known Rogers would remain in charge of the combined companies.
Indianapolis Power & Light says beginning next March it will stop offering to buy electricity from customers who generate it from renewable sources—a blow to advocates of wind, solar and other clean forms of energy.
The parched conditions have forced staff and volunteers at dozens of not-for-profit farms and community gardens to struggle with problems as basic as finding water.
Indiana’s 13 plants distilling the automotive fuel ethanol could soon be sputtering as drought dries up the supply and boosts the price of corn, their main ingredient.
The persistent hot, dry weather has hit farm production in Indiana, the nation's fifth-largest producer of corn, harder than any other major corn and soybean producing state.
Duke Energy Corp. on Tuesday unexpectedly announced the resignation of Bill Johnson, previously named to be the CEO after its $17.8 billion takeover of Progress Energy Inc. James Rogers has been named CEO of the merged companies effective immediately.
Agriculture experts say some Indiana farmers are already facing big crop losses because of this summer's drought.
Last month was the driest June on record for Indianapolis and Evansville, the National Weather Service says. Weather service figures show both cities received less than half as much rain as their previous records.
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
Utility denies claim it is trying to sidestep $2.6 billion cap on costs that can be passed along to ratepayers.
Abound Solar Inc., a Colorado-based solar manufacturer that once hoped to hire 1,200 people in Indiana by the end of 2013, will close its doors and file for bankruptcy.
Valero Energy Corp. has temporarily stopped production at a central Indiana ethanol plant because of rising corn prices.
Corn supplies in the United States, the world’s biggest exporter, are declining at the fastest pace since 1996 just as a Midwest heat wave damages the world’s largest harvest for a third consecutive year.
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
AAA says Indiana's average price of $3.78 per gallon was the seventh-highest in the nation.
Since the recession hit, consumers looking to save a few bucks have embraced canned produce—a trend that has kept Madison County tomato processor Red Gold in the black.
The Thursday morning update of the federal government's U.S. Drought Monitor map shows that about 90 percent of Indiana is abnormally dry and that nearly 40 percent of the state is now in the midst of a moderate drought.
The Indianapolis Prize, administered by the Indianapolis Zoo and given every two years, claims to be the world’s richest individual award for animal conservation.
