Baldwin & Lyons reveals departure of chief operating officer
The Carmel-based transportation insurer did not say why the executive left the company. The news comes less than two years after another big shakeup that saw three executive departures.
Susan Orr
Articles
Developer building big spec warehouse in Westfield
A Carmel-based firm hopes to take advantage of Westfield’s new allure for industrial development with a project expected to break ground this spring.
UPDATE: Cookie shop latest tenant to desert Circle Centre
The cookie and ice cream shop’s closure is the latest in a string of recent tenant departures from the downtown Indianapolis mall. The mall recently filed suit against the shop
Baldwin & Lyons sees quarterly growth in premiums, profit
The Carmel-based company, which specializes in insurance for the transportation industry, reported an estimated tax benefit of $9.6 million in the fourth quarter due to the effects of federal tax reform.
Wolfie’s Grill acquires longtime restaurant site on Geist Reservoir
Restaurateurs Scott and Nyla Wolf plan to open their fifth Wolfie’s Grill on the property, which has been home to several waterside restaurants over the past three decades.
Activist investor group not happy about possible Lids sale
An investor group had been pressuring Genesco Inc. to sell some of its holdings, but says it’s not happy that Zionsville-based Lids is the unit Genesco wants to divest. Meanwhile, analysts have mixed opinions about the possible sale.
Lids parent ‘exploring’ sale of struggling retailer
Retail conglomerate Genesco Inc. said Tuesday that it has hired an outside firm to advise it in the potential sale of Zionsville-based Lids Sports Group, its weakest-performing division.
Lids owner says it will “explore” the sale of Zionsville-based company
Nashville, Tennessee-based Genesco Inc. says it’s formed a board committee and hired an outside firm to advise it in the matter.
Frontier to launch nonstop Indy/Austin flights in April
The Texas city is considered a tourism hot spot for its music and culinary scenes. Its burgeoning technology culture also makes it a key destination for business travelers.
Enron fraudster to speak at investment forum in Carmel
Former Enron CFO Andy Fastow, who was sentenced to six years in prison for his role in the Enron scandal, is expected to tell local financial analysts how the fraud unfolded and what he learned from the experience.
UPDATE: DHL to lay off 511 employees at Greenfield warehouse as Walmart takes over
The retail giant confirmed to IBJ on Friday that it intends to rehire DHL workers, who also could have a chance to transfer to other DHL facilities.
Carmel-based Merchants Bancorp reports record profit for 2017
The bank, which went public in October, says it saw especially strong growth in its multifamily mortgage business last year.
Auto-sales coaching company Pivotal Solutions shifting to new digs in Fishers
The firm says the new space will have high-tech elements to enhance student learning, including golf and gun training simulators.
Strong year bolsters battered Auer Fund
The Indianapolis-based mutual fund has posted cumulative returns of negative 0.43 percent since 2008. But things turned around in a big way last year, with 2017 returns of 28.75 percent.
Carmel-based KAR Auction Services acquires tech startup Stratim
KAR has acquired a San Francisco-based startup that uses technology to help companies manage fleets of vehicles.
Terry Lee Honda in Avon has new owner, name
The buyer is the same publicly traded firm that purchased Hare Chevrolet last year in Noblesville, and it’s interested in collecting more Indy-area dealerships.
Banks poised to reap big gains from tax reform
Bankers and industry experts say the federal tax reforms passed late last year will give an especially big boost to banks.
Transportation services firm to cut 142 Indianapolis jobs
The Dallas-based company operates IndyGo’s paratransit bus service, but that contract ends March 31.
Castleton call center to close, eliminating 107 jobs
A client has decided to move its customer service operations in-house, according to the firm.
FedEx plans $1.5 billion expansion of Indianapolis hub
The project was one of several investments FedEx announced Friday. The company said the projects are all related to recent federal tax reform.