Articles

RV exec seeking new start in Indy

A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.

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Billionaire Indiana native launches company with Indy group’s help

Billionaire and Indiana native Todd Wagner has launched his latest enterprise with help from a group of Indianapolis entrepreneurs. The company, Chideo, will move out of beta testing and formally launch in early 2014. The business legally incorporated in March 2012 in Indianapolis, where he created the website with partners at Developer Town, a design […]

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Biofuel fraud case shines light on Imperial CEO

Federal prosecutors say Jeffrey Wilson did not initially know about a fraud scheme in Imperial Petroleum’s new subsidiary, E-Biofuels, but allowed the deception to continue once he did, costing investors tens of millions of dollars.

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Salesforce stock grant will total $50M for ExactTarget execs

Stock payouts to select employees of ExactTarget Inc. could enrich them by more than $50 million over the next few years, as long as its new parent company can hold its value on Wall Street. San Francisco-based Salesforce.com plans to hand more than 719,000 shares to 31 employees at digital marketing software developer ExactTarget, Salesforce […]

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Debt collectors brawling in court

Todd Wolfe, the 41-year-old founder of Deca Financial Services in Fishers, is at the center of a legal feud with Educational Credit Management Corp., an Oakdale, Minn., not-for-profit that insures $35 billion in federal student loans.

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‘Prototyper’ sees business gain fizz

TWeatherford Inc. was launched in 2006 as a reseller for additive manufacturing equipment, often called 3D printers or rapid prototypers. It has done well with the machinery sales and rentals, but has begun providing actual manufacturing services on a larger scale.

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State approves $511M in IPL upgrades

Indianapolis Power and Light Co. plans to revamp coal plants in Indianapolis and Petersburg to comply with federal rules. State regulators gave the go-ahead on Wednesday, setting the stage for a potential rate hike.

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