Publicly traded Determine Inc. generated fanfare when it announced it was moving its headquarters here and adding 24 jobs to the 35 already here. But many investors have been betting against it for years.
Workers who are losing their jobs because of Carrier Corp.’s decision to move manufacturing operations from Indianapolis to Mexico are eligible to receive federal assistance, the U.S. Department of Labor said Thursday.
Four months ago, Robert Whitt left his position as executive director of White River State Park to become president and co-owner of Sun King Brewing Co.—a move he made despite having no experience in the industry. But he says Sun King is a “very special place” and he just couldn’t resist making the move.
The London-based company, which has 4,000 employees in Indianapolis, has cut divisions and eliminated more than 600 senior and middle-management positions over the past year. It just hired a new chief financial officer.
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.