Democrat-controlled committee OKs tapping CIB for $15M
The plan—opposed by Republican Mayor Greg Ballard and members of the CIB—now advances to the City-County Council.
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ExactTarget buys interactive marketing firms for $116M
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
Indiana State Fair cancels 2013 paid concerts
The Indiana State Fair has canceled paid concerts at next year's fair because shows moved to downtown Indianapolis following a deadly 2011 stage rigging collapse failed to attract big crowds during August's fair, officials said Thursday.
WellPoint reorganizes into four business units
Separate Medicare and Medicaid divisions each will sell plans for those government-backed insurance programs. Another will handle commercial and individual business, and a specialty unit will provide dental, vision and disability coverage.
Honda hopes 2013 Civic restores model’s luster
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
A10 schools already hyping Butler match-ups
The Atlantic 10 is wasting little time marketing its newest member—the Butler Bulldogs.
GOP aims to bolster legislative firepower
Indiana Republicans expect to rule the Statehouse again in 2013, and the only question to be answered Nov. 6 is the extent of their majority.
Microsoft, Chase fuel ad shop’s growth spurt
Thanks to blossoming relationships with corporate behemoths like Microsoft and JPMorgan Chase, local ad agency Bradley and Montgomery is making plans to double its 50-employee work force.
IU’s tech chief using university’s clout to save millions on software
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
Airport development czar calls aggressive tactics key
Indianapolis Airport Authority has lots of economic development opportunities, despite a difficult industry environment, insists the airport’s new senior director for commercial enterprise, Michael Huber.
Horizon League fights on after loss of Butler
The Indianapolis-based Horizon League says it is “energized” about its future, despite losing its most famous member—Butler University.
Communications firm Metronet plants flag in Indy area
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
Indiana Rail Road plans to speed up trains, and traffic, in Bloomington
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
Rolls-Royce opens Indy service center
The aviation supplier’s first defense operations center in the United States is at its Meridian Street complex downtown.