Kennected, which expects to book $10 million in revenue this year, has about 140 employees in the United States and India. As of mid-November, the company was bringing in just over $600,000 in monthly revenue, a figure that’s growing 10% each month.
A new book is capping a year of tremendous transition for the Emmis Corp. founder whose roster of former employees includes David Letterman, Mike Pence, Isaac Hayes and Ken Griffey Jr.
In a recent speech, Federal Reserve Chair Jerome Powell pointed to the shortfall of workers and the resulting rise in average pay as the primary remaining driver of the price spikes that continue to grip the economy.
OPYS Physician Services LLC, a 10-year-old Indianapolis company, provides doctors to hospitals, mostly in rural areas, to staff their emergency rooms and other critical areas.
The acquisition of one of Indianapolis’ largest public companies came after months-long negotiations between Duke and San Francisco-based Prologis and broadens the firm’s logistics and industrial holdings in key locations, including Southern California, New Jersey, South Florida, Chicago, Dallas and Atlanta.
Around Indiana and the nation in recent weeks, special purpose acquisition companies, or SPACs, are shutting down and returning money to investors. In other cases, investors are taking a bath.
The Indiana Economic Development Corp. said it hired Jillian Ochs to the new position of West Coast business expansion specialist with the goal of attracting high-tech investment from businesses and entrepreneurs in California.
A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle.
The IEDC says it would like to hire two more people this year, perhaps on the East Coast and in the Southeast, who can also scout for companies that might be persuaded to invest in Indiana.
So long as he can’t get Indianapolis-based Andretti Global onto the Formula One grid — seemingly a long shot at this stage — Michael Andretti has turned his attention to other areas for his expanding motor sports program.
Jungheinrich AG sees purchasing the 45-year-old warehouse racking and automation company as part of its strategy to expand its geographic footprint. It says that it intends to keep Storage Solutions’ management team.
For more than three years, the not-for-profit foundation created to collect private donations for the Indiana Destination Development Corp. has operated without being subject to routine state audits due to a legislative oversight.
In the first-ever direct election of a UAW president in the union’s 88-year history, Ray Curry, who started on the assembly line at a truck plant in North Carolina, faces Shawn Fain, 54, who began as an electrician at a Chrysler metal casting plant in Kokomo, Indiana.
January’s job growth far exceeded December’s 260,000 total and extended a streak of powerful hiring gains that raised concerns at the Federal Reserve about inflation pressures.
Compensation has long been a taboo topic around most watercoolers, but that’s changing as more states are forcing companies to open up about their salaries.
Web 3.0 is built upon the core concepts of decentralization and openness. Its features include artificial intelligence, machine learning and blockchain technology.
Su quickly emerged as a clear favorite of organized labor and the Democratic Party establishment in recent weeks after Marty Walsh announced his resignation from the post.
