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Articles
CNO Financial Group tops Wall Street quarterly forecast
The Carmel-based insurance holding company saw a big jump in profit in the first quarter.
Local wiener eatery hawking franchises for convenience stores
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Whole Foods rallies on report that Albertsons is mulling bid
Whole Foods Market Inc. shares rose the most in two weeks after the Financial Times reported that Albertsons Cos. is considering a takeover of the organic grocer.
Bank of America’s existing base is advantage in entrance here
Bank of America already has customers here, but is now opening an actual branch—in the street-level retail space in the new Cummins Inc. distribution headquarters downtown.
Former Ivy Tech, ITT execs form firm
Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company.
Eleven Fifty Academy extends flagship program
The not-for-profit coding academy in Fishers is trying to meet employer needs by offering a longer coding class and then tacking on 12-week internship and 12-month apprenticeship opportunities.
$41M apartment project in Mile Square moving forward
Developers of The Ardmore told city officials on Wednesday that they hope to start construction in the fall and are seeking city financial assistance on the project.
Airbnb ban preemption bill in limbo after House vote
Supporters of the bill, which would restrict cities from outright bans on short-term rentals like Airbnbs, have just a few days to bring it up again this year.
KAR Auction acquires startup tech company for $43 million
Carmel-based KAR Auction Services Inc. said the acquisition of Chicago-based startup CarCo Technologies Inc., which does business as Drivin, will beef up its technology capabilities.
Marsh exit strategy: Sell individual stores?
Struggling Marsh Supermarkets’ best bet at this point would be to close underperforming stores and find buyers for its most profitable ones, industry experts say.
Tech-services firm Brookfield investing $7M, adding up to 31 jobs
The company, which already employs 40 in Indiana, is upgrading its Carmel headquarters and a downtown Indianapolis data center.
Children’s clothing retailer with 4 area stores set for bankruptcy
San Francisco-based retailer Gymboree Corp. operates more than a dozen stores in Indiana, including four at some of the Indianapolis-area's top shopping centers.
First quarter sees few big venture capital deals in Indiana
Indiana companies grabbed $27.3 million in venture funding in the first quarter, in line with other recent quarters. But nearly half of that amount went to one firm.
Payless closing list doesn’t leave Indiana unscathed
The struggling discount chain, which filed for Chapter 11 bankruptcy protection April 4, has released a list of nearly 400 Payless Shoe Source stores that it plans to close immediately nationwide.
Browning seeks to develop massive office park in North Meridian corridor
The Indianapolis-based firm has filed plans for a 14-building project in Carmel with nearly 1 million square feet of office space, plus retail, restaurants and a dual-branded hotel.