April 27, 2012
Kathleen McLaughlinBrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that
prompted the company to lower its 2012 financial forecast.
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April 26, 2012
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships
topped 1.2 million, an 81-percent increase from the same period a year earlier.
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April 26, 2012
Chris O'MalleyShares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software
maker reported lower earnings.
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April 24, 2012
IBJ StaffChicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating
up to 100 new jobs by 2014.
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April 24, 2012
Associated PressA Richmond businessman has big plans for the former Carpenter bus plant and property that sits along Interstate 70 on Richmond's
far northwest side.
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April 24, 2012
The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will
include new warehouses, additional engineering, production and testing facilities, and a new office building.
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April 24, 2012
Kathleen McLaughlinAllison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based
manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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April 23, 2012
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility
in Vigo County by nearly 70,000 square feet.
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April 21, 2012
Mason King
Josh Springer has moved to Indianapolis his company that designs and
sells draft beer dispensers that fill specially designed cups from the bottom up, speeding the process and cutting down on
foam.
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April 21, 2012
Sam StallMany Indiana home-based food businesses owe their existence to a law enacted in 2009 that allows them to sell certain types
of foods at farmers’ markets and their own roadside stands with minimal state oversight.
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April 21, 2012
Chris O'MalleyIT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it
sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around
shared interests and class subjects.
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April 14, 2012
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
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April 13, 2012
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of
a $3.4 million expansion.
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April 11, 2012
Scott OlsonE-biofuels LLC in Middletown has fallen into liquidation, listing debts of $17.3 million. The closing of the plant leaves
four remaining facilities in the state capable of producing biodiesel fuel.
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April 11, 2012
J.K. WallAustralian Gold LLC, the tanning salon products company led by Steve and Tomisue Hilbert, is in a trademark dispute with a
Boston-based online retailer over the trade name Rue La La.
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April 10, 2012
IBJ StaffSMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for
an additional 163 employees by 2017, the company announced Tuesday.
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April 7, 2012
Kathleen McLaughlinA Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich
supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already
home to its core subsidiary, EnerDel.
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April 7, 2012
Chris O'MalleyMyJibe co-founder Mike Langellier is among a new generation of tech entrepreneurs in the Indianapolis area that benefits from
a host of support their predecessors never enjoyed.
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April 5, 2012
IBJ Staff and Bloomberg NewsNew car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap
financing. Sales were way up for many Indianapolis auto dealers.
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April 5, 2012
Defender, which sells and installs home-security and satellite systems, said company President Marcia Barnes has replaced
David P. Lindsey as CEO. Lindsey will retain majority ownership of the company he founded in 1998.
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April 4, 2012
Cory SchoutenA local entrepreneur is laying the groundwork for a $20 million transformation of a soon-to-close automotive plant into a
sustainable farming operation that would raise fish and hydroponic vegetables.
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April 4, 2012
Ronald W. Hargis lost four fingers from his left hand and underwent a dozen surgeries after being injured by a compression
roller while testing new equipment at Flutes Inc. in Indianapolis. Hargis sued the North Carolina manufacturer of the equipment.
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April 3, 2012
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for
in an economic development incentives agreement.
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March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
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March 31, 2012
Kathleen McLaughlinTwo startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the
hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities
so they can earn rewards offered by local businesses.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.