Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
Conseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help
autoworkers transition into alternate careers.
California-based Vivus claims its drug acts in 30 minutes, compared with about 2 hours for Lilly’s Cialis.
A proposal to incorporate portions of White River Township into the city of Greenwood passed a major hurdle on Tuesday.
Norwegian electric car maker Think Global will locate its U.S. manufacturing facility in Indiana, Reuters reported Tuesday,
citing information from a major investor in the company.
General Growth is the second-largest U.S. mall owner, trailing only Indianapolis-based Simon Property Group, with more than
200 regional malls in 44 states.
Indianapolis Civic Theatre will move from the campus of Marian University to the Regional Performing Arts Center under construction
in Carmel. The theater and Carmel Redevelopment Commission released a joint statement Tuesday announcing a long-term deal
that calls for the Civic to pay $10 million to be the center’s primary occupant.
A Lawrence Township trustee is proposing to merge the township’s fire department with the Indianapolis Fire Department,
in an attempt to further reduce its operating deficit.
Auto parts maker Remy International Inc. said Monday that profit rose to $16.5 million in the third quarter, up from $4.3 million in the same quarter a year ago, as the company cut staff and pay to compensate for lagging sales.
Bloomington-based Author Solutions Inc. announced Tuesday that it has entered into a self-publishing partnership with Toronto-based
Harlequin Enterprises Limited, a prolific publisher of romance novels.
St. Louis is a bigger convention and tourism city than Indianapolis by almost any measure. It also devotes more money and manpower to the industry. However, Indianapolis logged more hotel bookings. Click here to see the full comparison.
Pittsburgh-based PNC Financial Services Group Inc. has converted 240 former National City Bank branches to their new identity,
but the 77 Indianapolis-area locations will keep the old brand for a bit longer.
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
The good news continues for Rolls-Royce Corp.’s Indianapolis operations, which this week received an $11.1 million contract
to make gas turbine engines for the Army’s OH-58D Kiowa reconnaissance helicopters.
St. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians
and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent
Indianapolis. The health care providers announced the deal early Friday.
Speedy gift wrappers who are willing to put in a few hours at Amazon.com’s Whitestown fulfillment center can earn
a few bucks for Indiana charities.
Indianapolis Business Journal’s annual Holiday Wish List will debut in the Nov. 30 issue and appear weekly through Dec. 21. The list publicizes goods and services needed by not-for-profit organizations in the Indianapolis area, in the hope that a business or individual donor will come forward. Requests should be limited to five items or services […]
