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Judge rejects Fair Finance attorneys’ fee request

The compensation plan submitted by Cleveland-based Baker & Hostetler LLP could have netted the law firm $32.5 million if it recovered the entire $200 million or more owed to investors of Fair Finance, which was owned by convicted Indianapolis financier Tim Durham.

CityWay sells out first phase of apartments

Developer Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project at Delaware and South streets in downtown Indianapolis.

Former state senator Clark picked to lead law firm

J. Murray Clark takes over at Faegre Baker Daniels LLP for Jacqueline Simmons, who became general counsel of Indiana University on July 1. Clark is former chairman of the Indiana Republican Party and served as a state senator for 11 years.

Dow Agro sales surge to record in second quarter

The Indianapolis-based division of Dow Chemical Co. posted record second quarter sales of $1.7 billion, up 12 percent from the year-ago period, due to a small increase in prices and the introduction of new products.

Duke takes smaller loss despite falling revenue

Indianapolis-based Duke Realty Corp. on Wednesday reported a second-quarter loss of $28.5 million, slightly smaller than a loss of $29 million in the same quarter of 2011.

Agency blames caseworker turnover on pay, scrutiny

Indiana's Department of Child Services on Wednesday blamed a combination of low pay and job stress stemming from media coverage of the agency for an increasing turnover rate among child caseworkers.

Hill-Rom stock swoons after $400M acquisition

Investors reacted negatively Thursday after medical equipment and hospital bed maker Hill-Rom Holdings Inc. on Wednesday said it was acquiring Aspen Surgical Products for $400 million.

Angie’s List shares plunge after wider quarterly loss

Angie's List Inc. saw revenue jump 74 percent in the second quarter, but the Indianapolis-based contractor-ratings service continued to see growing losses as the result of higher marketing expenses. The company’s stock fell more than 10 percent Thursday.

Indianapolis Symphony launches CEO job search

The Indianapolis Symphony Orchestra wants a CEO with a medley of artistic vision and business finesse in order to reverse financial woes and reach out to new audiences, according to a job description posted online Wednesday.

Audit of $526M in state tax errors could take months

Representatives of the accounting firm Deloitte told Indiana budget leaders their assessment of what needs to be audited could last through August. The audit itself could take months longer after that.

OSHA investigates worker’s death

The Occupational Safety and Health Administration is looking into a construction accident that killed an Indianapolis worker. Ronald Davenport, 53, was climbing the ladder of a skid loader Monday in the parking lot of the Lafayette Landings Apartments on the northwest side. A worker driving the skid loader didn't know Davenport was on the equipment when he lowered the arms, crushing him. Police said there was no indication of foul play.