California-based Experian acquires Carmel-based Baker Hill
The banking software-maker has been purchased in a deal that was five months in the making.
Peter Schnitzler
Articles
JPMorgan’s wealth advisory group led from Indianapolis
Elizabeth Schlueter started out in Fort Wayne and rose through a series of promotions that landed her not on Wall
Street but in Indianapolis.
Big budget cuts will make for bitter state politics
As Indiana’s reserves dwindle toward zero and federal stimulus money disappears, trying to keep political debate friendly
and the budget in the black will be quite a challenge. Half a year before they must craft the next state budget, Democrats
and Republicans already are squabbling.
Ballard takes aim at vacant homes
If Mayor Greg Ballard successfully closes the $1.9 billion sale of the city’s water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
Local attorney elected U.S. Libertarian Party’s vice chairman
Mark Rutherford wants America’s third-largest political party to make inroads by showing competence at the grassroots level
of government.
Ex-Commerce chief: Lift the veil on state incentive deals
The former executive director of IEDC’s predecessor agency argues that regular headcount disclosure is a key part of the economic
development
process once incentive deals have been struck with companies.
City still working on mayor’s mandate to do more biz with veterans
Mayor Greg Ballard,a former Marine, has made some progress in the two years since he pledged his administration would purchase
3 percent of all city goods and services from veteran-owned businesses, but he remains far from his goal.
Sales-prospecting firm expects to triple employment in 2010
Locally based consultancy LeadJen had 20 employees in January. Halfway through the year, the company already has hired 20
more, and President Jenny
Vance expects to add another 20 over the next six months.
Recession temporarily slows suburban migration
Using U.S. Census data, the Indiana Business Research Center finds Indianapolis’ population grew by 6,854 residents last year
while Fishers, Noblesville, Carmel and Greenwood saw less-than-average gains.
IEDC responds to House speaker’s public records request
Indiana Secretary of Commerce Mitch Roob’s letter Tuesday to Democrat Pat Bauer details IEDC’s approach to job-creation incentives
and its clawback efforts in the recession.
Study of local mortgage defaults shows benefit of counseling
A study by the Federal Reserve Bank of Chicago finds a strong correlation between pre-mortgage credit counseling and loan
performance after
comparing Indianapolis Neighborhood Housing Partnership clients with other low-income Marion County borrowers.
City Market lands another fresh-food vendor
Pretzel-maker A Taste of Philly expands from its current location at 42nd Street and College Avenue to take 200 square feet
of space inside the historic downtown market, slated for a major overhaul.
City takes risk with debt-laden IT-overhaul pick
To spearhead a once-in-a-generation overhaul of local government’s antiquated back-office computer system, Mayor Greg Ballard
has chosen an unprofitable software firm that as recently as March 31 warned investors that debt-refinancing issues could
force it out of business.
House Speaker pushes IEDC over job-creation numbers
Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp.
disclose public records about promises companies gave the state in exchange for job-creation incentives.
Circle Centre sues restaurant Bella Vita over unpaid rent
Italian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
For PNC, there’s much riding on smooth transition
Pittsburgh-based bank starts converting former National City operations in central Indiana to its brand this weekend. But
any snags could create
opportunities for competitors to pounce on customers.
Ballard bets big on $16 million software project
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.
eTapestry co-founder headed for Baltimore
Longtime local IT entrepreneur Jay Love accepts job as CEO of software-maker Social Solutions, a loss for the Indianapolis
high-tech and not-for-profit communities.
Daniels inches closer to presidential run
Aiming Higher PAC plans June 15 fundraiser within sight of the White House on Republican Indiana Gov. Mitch Daniels’ behalf.
Deal adds Verizon Wireless kiosks to all HHGregg stores
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.