The center is expected to create 3,000 jobs—1,000 more than Infosys announced last year when it said it planned to open an $8.7 million tech and innovation hub in Indianapolis. Vice President Mike Pence is scheduled to attend Thursday’s jobs announcement.
A franchisee has filed suit against Indianapolis-based Steak n Shake in an effort to raise its menu prices because it says all of its restaurants are losing money.
A private-investigations firm hired by Peyton Manning’s lawyers is facing a broadcaster’s petition to turn over information it uncovered about a documentary.
Local tech industry entrepreneurs and investors Bill Godfrey and Mark Hill expect their day-to-day involvement to take the Carmel-based software-as-service firm to the next level.
Caprice Bearden, 63, of Carmel pleaded guilty in U.S. District Court to one count of conspiracy to defraud the United States and nine misdemeanor counts related to the sale of adulterated drugs, including painkillers that were used on hospitalized infants.
In a deal called “one of the most important” stories in the motorcycle industry this year, a company controlled by Indianapolis-based business-holding firm LDI Ltd. has filed for Chapter 11 bankruptcy after racking up about $440 million in debt.
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.