Woman indicted on fraud charges after $1M theft from employer
A former employee at a Greenfield repair shop is accused of stealing the funds from the business between 2016 and 2022. Now, she’s been indicted on five counts of wire fraud as a result.
Susan Orr
Articles
Indianapolis-based canned cocktail maker in financial distress, facing forced bankruptcy
The CEO of Blue Marble says the company is about $22 million in debt and considering its options after three of its creditors moved last month to force it into bankruptcy.
Former CEO of Carmel-based enVista returns to top job
EnVista co-founder Jim Barnes, who left the company in 2022 when a German tech company acquired a portion of the business, has returned as chief executive.
Businesses seek to capitalize on eclipse fans
It’s only in the path of totality that observers will see the corona—the glowing ring of light that surrounds the blacked-out sun.
Purdue launches interdisciplinary master’s program in AI
Representatives from 10 different colleges at Purdue provided input to help develop the curriculum. One track is aimed at people with technical backgrounds, and the other is for people without such background.
Allegion acquires Spanish access-control firm
Allegion, which has its Americas headquarters in Carmel, announced Monday that it has acquired Spain-based Montajes Electronicos Dorcas S.L.
State’s effort to attract data centers starting to pay off
At least seven projects have been announced around since the Legislature in 2019 passed an economic development aimed specifically at data centers, which house computers, servers, and related hardware and equipment.
Indianapolis startup Dwellane aims to provide local context for online house-hunting
Dwellane, founded by a longtime Indianapolis real estate agent, offers a website where users can both search for local homes and learn about the neighborhoods in which those homes are located.
$868M project aims to bring broadband to all Hoosiers
That federal funding represents Indiana’s share of the $41.6 billion Broadband Equity, Access and Deployment program—called BEAD—which aims to extend broadband access to nearly 8.5 million U.S. addresses currently unserved or underserved by broadband infrastructure.
Notre Dame IDEA Week extending its reach to Indianapolis this year
IDEA Week is an annual entrepreneur and innovation festival that takes place in the South Bend-Elkhart region. This year, the weeklong festival will extend its brand to events in Indianapolis in hopes of forging stronger connections between the two regions.
National Bank of Indianapolis co-founder Morrie Maurer dies at 72
Under Maurer’s leadership, The National Bank of Indianapolis grew into the largest locally-owned bank headquartered in Indianapolis. It ranks among the 10 largest banks operating in central Indiana.
Butler University launching career-focused courses via Butler+ initiative
The new initiative, which includes both degree and non-degree programs, is designed to meet the needs of working people who want to advance their careers.
Former Indianapolis-area insurance broker agrees to guilty plea in $4M Ponzi case
Brian Simms, who operated Brendanwood Financial Brokerage LLC in Carmel, avoided trial by reaching a plea agreement in what prosecutors said was a fraud scheme involving at least 20 victims.
NBA camp in Noblesville part of league’s international reach
The NBA’s Basketball Without Borders camp, for elite teen players from around the world, took place this weekend in Noblesville.
Cummins faces shareholder and customer lawsuits after $2B settlement
The Indiana-based manufacturer agreed late last year to pay $2 billion to settle allegations that it unlawfully altered hundreds of thousands of Ram pickup truck engines in violation of Clean Air Act emission standards.
Pacers’ Tyrese Haliburton, other pro athletes and influencers to compete in NBA 2K esports event
The gaming is just one of the attractions at what’s being called NBA 2K League Alley, an 11,202-square-foot space that’s intended as a fun, immersive experience for gamers and non-gamers alike.
Free weekend clinic to educate youth about non-playing basketball careers
Spots are still open for The Business of Basketball, a free clinic that’s part of the NBA’s effort to develop youth interest in basketball.
Alternative investments—real estate, crypto, private equity—catch on with individual investors
For a variety of reasons, including a slowdown in initial public offerings and increasing accessibility, alternative investments have been gaining traction with a wider range of individual investors over the last several years. And experts believe the trend will continue to grow.
Local businesses hoping All-Star Rewards program will boost their profiles
The program, which runs through Feb. 18, allows consumers to visit participating businesses and other locations around the state, accumulating points that they can then redeem for NBA-related prizes.
Cummins posts quarterly loss but full-year profit
Cummins posted a rare quarterly loss in the fourth quarter, which was largely due to a previously announced $2 billion environmental settlement. The settlement also reduced the manufacturer’s full-year profit for 2023.