Tech startup PatentStatus counting victories
PatentStatus was named the Entrepreneurship Advancement Center’s Top Emerging Business for 2013. But founder James Burnes is just as proud of another milestone: It’s making money.
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Hurco sees smaller profit on drop in sales
Machine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the Indianapolis-based company announced Wednesday.
Used car sales top Indiana consumer complaints
The Attorney General's Office says other frequent targets of complaints include Internet scams, debt collectors and wireless phone service providers.
House panel considers tighter cold medicine limits
The proposal, which passed the Senate last month, is aimed at preventing the medicines from getting into the hands of people making methamphetamine.
TV ads oppose review of Indiana school standards
An advocacy group that supports Indiana's charter schools program said Tuesday that it's starting an advertising campaign to fight efforts to end the state's use of national reading and math standards.
Group eyes vacant Illinois Street building for charter school
An educational group is planning to spend about $4 million to renovate an Indianapolis warehouse to open its first charter school in what it hopes will become a statewide network.
Councilor’s party switch shrinks Democrats’ edge
City-County Councilor Jose Evans, twice elected as Democrat, announced Tuesday he would become a member of the Republican Party and caucus with Republican councilors, taking the Democratic majority from 16-13 to 15-14.
Penske takes over Hertz car rental locations in Indiana
Michigan-based Penske Automotive Group Inc. has acquired 20 Hertz car rental outlets in Indiana and plans to add at least five locations.
HHGregg merchandising post turns over again
HHGregg Inc. on Tuesday hired its third chief merchandising officer in just over a year as the Indianapolis-based electronics retailer continues to struggle to overcome plummeting sales of televisions.
Man crashes SUV into apartments
An Indianapolis man was taken into custody just after 7:30 p.m. Monday after he crashed his sport-utility vehicle into Forest Ridge Apartments on the far north side of the city. Terry Rowe, 53, was heading west on Wheatgrass Way before he drove into four apartment units, causing an estimated $50,000 in damage. Rowe and numerous residents were uninjured. Police didn’t cite a reason for the crash.
Driver dies in wrong-way accident
A driver traveling north in the southbound lanes of Interstate 65 in Johnson County died Monday night after he crashed his van into a semi. The fiery accident shut down I-65 between Franklin and Edinburgh from about 10:30 p.m. to 1 a.m. Lee Wayne Oliphant, 67, of Indianapolis died in the crash. The 59-year-old semi driver suffered minor injuries.
Boys arrested after house fires
Two boys were arrested Tuesday morning in connection with two house fires in the 1300 and 1400 block of North Olney Street on the city’s northeast side. The first fire broke out at about 1:30 a.m. and caused an estimated $25,000 in damage. The second occurred at about 6 a.m. and created $35,000 in damage. Both homes were vacant and the fires appeared to be intentionally set. The boys also are suspected of causing a dumpster fire.
Dow Jones industrial average closes at record
The Dow Jones industrial average closed at a record Tuesday, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.
Billionaires Cook, Simon see bump in net worth
Gayle Cook, the widow of Cook Group Inc. founder Bill Cook, and Herb imon, the owner of the Indiana Pacers, were two of the four Hoosiers to make Forbes’ annual list of the world's billionaires.
Baldwin move a win for Lauth, a setback for downtown
The departure of trucking and auto fleet insurer Baldwin & Lyons Inc. from downtown's Landmark Center to The Congressional in Carmel is a blow for the central business district and a bonanza for Lauth Property Group.