Woman sentenced following guilty plea in $1M employer theft case
A former employee of a Greenfield-based contracting business has been sentenced to 30 months in prison on charges that she defrauded her former employer out of more than $1 million.
Susan Orr
Articles
Fishers-based Pierce Aerospace lands $10M federal contract for drone tech
Fishers-based Pierce Aerospace, whose technology allows users to detect, track and identify drones, has secured a $10 million government contract that could set the company up for future growth.
OneAmerica pledges to raise base pay rate to $22 per hour
Indianapolis-based OneAmerica Financial, the city’s largest private company, announced Wednesday that it will raise its minimum pay rate to the equivalent of $22 per hour for all full-time employees by March.
Indianapolis tech startup Stellar lands $2.7M in seed funding
The seed round was oversubscribed, meaning Stellar Technology Services attracted more investor interest than anticipated.
IEDC, Hoosier startups headed to CES trade show in Las Vegas
The Indiana Economic Development Corp. has selected eight Indiana startups to accompany the organization to CES, the major consumer electronics trade show being held next week in Las Vegas.
Fishers-based Arrive AI files paperwork to go public
Arrive AI, which has developed a “smart mailbox” system for human and drone deliveries, intends to go public via a direct listing on the Nasdaq Global Market.
2024 Year in Review: I-69 opens fully from Indianapolis to Evansville
The final portion of the 150-mile project was completed with the opening of a newly built interchange linking I-69 and I-465.
2024 Year in Review: Central Indiana basks in eclipse totality
Cities across central and southern Indiana, including the entire metro Indianapolis area, were in the path of totality for the April 8 solar eclipse, creating a once-in-a-lifetime tourism opportunity for cities along the route.
2024 Year in Review: Data centers flock to Indiana, draw scrutiny from consumer group
A string of Big Tech companies announced plans this year for large-scale data centers around the state, prompting pushback from a consumer advocacy group that is concerned about the amount of electricity these facilities will consume.
LEAP district developments among year’s top tech stories
The ongoing progress to develop the planned LEAP Innovation and Research District, a 9,000-acre tech park in Boone County, was among the top local tech stories of 2024.
AI, IPOs expected to boost venture funding activity in 2025
After a lackluster few years for venture investing activity, observers expect to see improvement in 2025, both nationally and in Indiana.
Is the run of bank branch closures ending? Maybe.
Even in the era of online banking, banks say they still value the physical location, and several are making significant investments in expanding and improving their branch networks.
Manufacturers weigh potential impact of Trump tariffs promise
Incoming President Donald Trump’s pledge to impose tariffs on goods from Canada and Mexico has caught the attention of Indiana companies, which stand to experience a significant impact if new or expanded tariffs are imposed.
Purdue, Sports Tech HQ joining forces to help startups, create career opportunities
Purdue can offer research and technical expertise that sports tech companies may need as they develop their products. Likewise, these companies may create internships and job opportunities for Purdue students and graduates.
National Bank of Indianapolis partners with New Direction Church on east-side effort
The National Bank of Indianapolis and New Direction Church announced a partnership that’s designed to support economic development and access to financial services along the East 38th Street corridor.
IU Indianapolis professor uses AI tool to create opera
“Lexia: An AI Opera” was created in collaboration with the AI-powered tool Avatar, developed by IU Indianapolis faculty members Scott Deal and Jason Palamara.
Indianapolis manufacturer Aurorium names new CEO
Longtime Indianapolis-based chemicals manufacturer Aurorium, which did business as Vertellus until a rebranding last year, has promoted Faye Freeman to CEO.
Rebounding banks see tailwinds ahead
After a tough 2023, most publicly traded banks in the Hoosier state have seen at least a partial rebound in their stock prices this year.
Rally pitch contest winner secures $5M investment as asthma test awaits approval
MyBiometry, a Massachusetts-based health technology firm that was one of five winners of the Rally IN-Prize pitch contest last year, has secured $5 million in seed funding and hired its first Indiana employees.
Anderson-based credit union opening Martin University office
Anderson-based Lampco Federal Credit Union has formed a partnership with Martin University and plans to open a part-time office at the Indianapolis school within weeks. It’s part of Lampco’s broader push to gain members in Marion, Hamilton and Hancock counties.