Gail Boudreaux’s appointment as CEO of Anthem Inc., announced on Monday, makes her the highest-ranking female executive in the health insurance industry.
The company once known as Thomson Consumer Electronics plans to shut down its local office in Carmel by the end of the year.
Indianapolis-based Celadon Group Inc. is exiting the driver-education business, five years after spending heavily to launch the driving schools as a way to combat an ongoing shortage of qualified truck drivers.
Encore Sotheby’s International Realty said the property was the largest single-family residential real estate sale in the local office’s six-year history and the largest ever in Marion County listed in the Metropolitan Indianapolis Board of Realtors database.
The company said it took a $1.4 million loss in the third quarter from discontinuing operations in its standalone take-and-bake restaurant operations. It plans to focus on a new restaurant concept that will debut in January.
The sale is intended to resolve a lawsuit filed by Wells Fargo Bank that accused Hofmeister of defaulting on a $2.3 million mortgage on the building.
Paoli Inc. will begin shutting down its corporate campus in Orleans in phases beginning in January and permanently close by the end of next October, the company said. The furniture maker got its start in 1926.
The Indianapolis Museum of Contemporary Art plans to move out of its headquarters gallery in the Murphy Arts Center by the end of the year to make room for an expansion of bar and music venue Hi-Fi and other building renovations.
Heather Ramsey was just looking for a place where her young vocal students could perform for their parents and grandparents when she leased a 60-year-old former machine shop in Carmel’s Arts & Design District. Now, it’s one of the region’s hottest places to see seasoned recording artists perform intimate shows.
The contract, announced Friday, is the first labor agreement the musicians have approved since 2006 to contain an overall wage increase.
Ed Wenck, former radio personality and current managing editor for Nuvo, is leaving after less than three years at the alternative weekly for a quieter career out of the public spotlight.
In a blow to local sports fans, WRTV Channel 6 is shutting down its Hometown Sports & News network and replacing it with a national syndicated network called Grit that features a lineup of action movies and westerns.
The foreclosure lawsuit is the latest legal problem for the 43-year-old retailer, which is still trying to pay off debt from a Chapter 11 bankruptcy it filed in 2011.
Three top executives of Baldwin & Lyons Inc.—who spent a combined 124 years with the Carmel-based trucking insurer—have suddenly "retired" after clashing for months with the board's executive chairman.
Andy Mohr Automotive Group has agreed to pay about $1.3 million to buy 17.6 acres of land from the Indianapolis Airport Authority at Interstate 465 and West Washington Street for a new dealership.
The former employees filed two lawsuits Tuesday alleging Indianapolis-based Angie’s List systematically withheld payment for overtime hours they worked during various periods from 2010 to this year.
Southfield, Michigan-based Diversified Restaurant Holdings Inc. said it shut down eight of its 26 Bagger Dave’s restaurants in all, including seven in Indiana. It said the restaurants were losing money.