Poster from first race at Speedway fetches $24K at auction
A rare and colorful 1909 poster promoting the very first race at the Indianapolis Motor Speedway has been sold for $24,000, a local auction house says.
IBJ Staff
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Defender Direct founder steps down as CEO
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.
Indianapolis man awarded $5.6M in factory accident
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.
Smoking ban proposal advances to City-County Council
The new proposal, which passed through committee Tuesday night, is nearly identical to the last measure except that it no longer bans smoking at existing private clubs. That addition prompted Mayor Greg Ballard to veto the previous version.
Former Evansville mayor joins Faegre Baker Daniels
Jonathan D. Weinzapfel will use his political experience as a member of the firm’s government practice. He served two terms as mayor before leaving office in January.
Whirlpool agrees to pay state $800,000 for job losses
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.
Anti-bullying group hopes to hire 600 telemarketers
Indianapolis-based Bully Prevention Alliance said the contractors will receive commissions for soliciting donations by telephone for the fledgling not-for-profit that aims to prevent bullying in schools.
Carmel man charged with defrauding Medicaid of $1M
Businessman Donald Hamilton faces one count of health care fraud, five counts of false statements in a health care matter and two counts of money laundering. He faces a maximum sentence of 55 years if convicted on all counts.
Indiana unemployment rate drops to 8.4 percent
Indiana’s unemployment rate took a sizable dip in February, falling to 8.4 percent, as new jobless claims hit a seven-year low.
Cummins lures job candidates with virtual tour app
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
Penn Arts owner buys historic apartment building
The Piccadilly, at 16th and Pennsylvania streets, will undergo a historically sensitive renovation of its 58 units.
PROXY CORNER: MainSource Financial Group
Greensburg-based MainSource Financial Group is the holding company for MainSource Bank, which has 80 offices in Indiana, Illinois, Kentucky and Ohio.
EDITORIAL: Chamber merger can help unify region
If our region is to compete effectively, it needs to present—at least to outsiders—a unified front.
Roche’s downsizing to claim about 80 local IT workers
Roche Diagnostics Corp. plans to eliminate about 80 information technology jobs at its Indianapolis-area campus over the next two years, the company said Thursday morning.
Carmel consulting firm plans to expand, add 96 jobs
enVista LLC, which provides enterprise and supply chain consulting services, plans to add nearly 100 workers by 2016 as part of a $1.2 million expansion at its Carmel headquarters on North Meridian Street.
Commuter lines expand with Carmel, Fishers shuttles
The Central Indiana Regional Transportation Authority has announced fares for a new reverse-commute shuttle-bus service from park-and-ride lots in Carmel and Fishers. The service begins Monday.
Westfield seat-belt maker plans to add 65 workers
Westfield-based safety company IMMI said it plans to hire more than 65 full-time workers and 50 temporary employees to keep up with demand for lap and shoulder belts for school buses.