Interactive Intelligence reports fourth-quarter loss
The Indianapolis-based software firm lost $29.9 million in the latest period, but the results exceeded analyst expectations.
Associated Press and IBJ Staff
Articles
Indiana to get slice of S&P’s $1.38B government settlement
Standard & Poor's has agreed to pay about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis.
IndyCar Series season-opener canceled by Brazilian officials
The television channel organizing and promoting the March 8 race released a statement on Thursday saying the decision was made by the local government in the city of Brasilia. IndyCar officials appeared to be caught by surprise.
Council panel tables Angie’s List request until next month
A decision on whether to provide more than $18 million in city incentives to consumer review service Angie's List was delayed Monday night by a City-County Council committee.
Fire tears through $35M Fishers apartment project
Hamilton County firefighters battled a major blaze Tuesday morning that spread through a $35 million apartment complex that's under construction in Fishers at State Road 37 and 131st Street.
Three Indy-area Wet Seal stores part of mass closings
The Circle Centre and Hamilton Town Center locations of struggling teen clothing retailer Wet Seal are among 338 stores that closed as of Wednesday.
Pence backs release of $200M for Indiana highway projects
Indiana Gov. Mike Pence says he supports the release of $200 million for highway projects around Indiana ahead of the presentation of his proposal for a new state budget later this week.
Southwest to add nonstop service to LA, Boston
Southwest will depart Indianapolis International Airport for Los Angeles once daily, and there will be two flights every day to Boston, the airline announced Wednesday.
Two Delia’s stores to close in Indy as chain folds
The teen-fashion retailer has filed for bankruptcy and started close-out sales at all of its 92 locations, including in Carmel and downtown Indianapolis.
Supreme Court to hear pregnancy discrimination case
The court is weighing whether UPS violated the 36-year-old federal Pregnancy Discrimination Act. Discrimination cases involving pregnancy aren't unusual. Two cases were recently filed in Indiana.
WellPoint makes switch back to Anthem name
The nation's second-largest health insurance company has officially changed its corporate name from WellPoint Inc. to Anthem Inc. The Indianapolis-based insurer's stock starts trading Wednesday under the ticker symbol ANTM.
Three insurers to split $151M in Medicaid contracts
Anthem Blue Cross and Blue Shield, MDwise Inc. and Managed Health Services were selected by the state officials to manage health care services for 84,000 Hoosiers that qualify as aged, blind or disabled.
Consumer office opposes Duke Energy’s $1.9B Indiana plan
Indiana's utility customer advocate says regulators should reject Duke Energy Corp.'s proposal for a $1.9 billion electric grid upgrade in the state.
Chamber to push appointed schools chief, Sunday booze sales
The Indiana Chamber of Commerce wants the state schools superintendent to be appointed by the governor in 2016, setting the stage for another acrimonious education battle.
Bridgestone’s consolidation plan to cost Carmel 400 jobs
Bridgestone Americas Inc. plans to relocate three business units, including Firestone Building Products and Firestone Industrial Products in Carmel, into a new headquarters in Nashville, Tennessee.
Indiana injection molding plant plans expansion
Carrera Manufacturing Inc. will invest about $1.3 million to improve its 80,000-square-foot manufacturing facility, adding as many as 102 jobs by 2018.
ITT Educational shares keep soaring after better news
Investors warmed to news that student enrollment during the spring and summer fell less than expected and that ITT has the cash on hand to get through recent troubles caused by student loan losses.
Fishing lure maker plans Indiana expansion
LureCraft Fisherman's Shop Inc. said the expansion will triple its current space in LaGrange and allow it to add 91 workers before the end of 2017.
High demand for road salt pushes costs up for state, city
The Indianapolis Department of Public Works will pay 11.5 percent more for road salt this winter than it did a year ago. Salt prices on regional bids across the state are now an average of 57 percent higher than last year's prices, according to INDOT.
Rise in bed sores pushes state medical errors to new high
Overall, 111 medical errors were reported in 2013, the biggest number in any year since the state began reporting them in 2006.