Former tech darling Vontoo acquired by Ohio firm
Vontoo Inc., a once-promising Indianapolis-based technology firm that landed millions in venture capital but failed to meet growth expectations, has been acquired by One Call Now.
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Drug industry outlook negative through 2012, Moody’s says
Earnings growth will continue to slow in 2011 for most of the industry’s biggest companies, analyst predicts.
NBC’s Olympic coup should boost Versus, IndyCar Series
Many have argued that Versus' profile is too low to generate the mass of TV viewers the IndyCar Series needs to grow. The flow of Olympic events from NBC to Versus could help the fledgling cable channel blossom.
Chrysler faces fines over Kokomo plant death
State regulators have issued $200,000 in fines against Chrysler for safety violations found during the investigation of a worker's death at a central Indiana factory.
High fuel prices dog Republic Airways
Indianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that offers scheduled flights.
Governor appoints two new Purdue trustees
Indiana Gov. Mitch Daniels announced Tuesday that he has appointed hotel developer Bruce White and Purdue student Miranda McCormack to Purdue University's Board of Trustees.
Deaf students protest Daniels’ picks for board
More than 100 students, their families and activists rallied on the Statehouse lawn Tuesday against new members Daniels picked to serve on the Indiana School for the Deaf's board.
Former Indiana senator Bayh takes job with U.S chamber
Bayh's new position will be to analyze and promote ways to reduce government regulation.
Police investigate infant death
Indianapolis police are investigating the death of a 4-month-old infant on the east side of Indianapolis. Officers were called to the 5900 block of East Washington Street about 1:45 a.m. Tuesday on a report of an unresponsive child. Detectives are questioning the parents of the infant. A friend of the family said the infant was left unattended in a car seat inside the home as the father slept. When the father woke up, the car seat was tipped over and the infant was no longer breathing.
Avon cuts 36 employees
The Avon school board voted unanimously during a special meeting Monday to eliminate 36 full-time teachers and staff members. Cuts approved by the board total almost $4 million, including $400,000 by reducing custodial, maintenance and transportation staffers. The district also will close an outdoor learning center and trim board and administrator insurance benefits. Parents at the meeting expressed anger over a $30,000 performance-based bonus given to Avon Superintendent Tim Ogle, who gave $10,000 of his $155,000 salary back in light of the cuts.
IU student still missing
Searchers are still looking for missing Indiana University student Lauren Spierer, who was last seen walking home from a friend's apartment at 4:30 a.m. Friday. Lt. Bill Parker of the Bloomington Police Department said there are no new leads and no suspects in the disappearance of the 20-year-old sophomore. Police have said foul play is a possibility in the young woman's disappearance.
Correction: Colts won’t see Big Ten payday
Colts pony up $400,000 as part of bid package to bring Big Ten Football Championship to Indy from 2012-15.
City’s only hotel water park dropping Holiday Inn brand
The hotel on the northwest side of Indianapolis will become the Caribbean Cove Hotel & Water Park on June 13 after more than 30 years as a Holiday Inn.
Strayer Education marks opening of Indianapolis campus
For-profit university Strayer Education Inc. has opened a campus in Indianapolis, aiming to reach adult learners. The Virginia-based company has leased 20,000 square feet at 9025 N. River Road.
Medco may seek acquisition with biggest contract imperiled
Medco Health Solutions Inc., which operates a $140 million automated pharmacy and distribution center in Whitestown, has lost $3.5 billion in contracts since March.
Vectren’s plan to close field offices fuels complaint
Unions and public safety officials allege the utility’s move to home-based crews could delay responses to emergencies and reduce safety.
Online education college moving to Indianapolis
American College of Education, once affiliated with DePaul University, is moving its main campus from Chicago to Indianapolis and expects to create up to 40 jobs by 2014. Hiring will begin once the move is complete in August.
Bag maker Vera Bradley plans expansion, new jobs
Handbag and luggage maker Vera Bradley Inc. is planning an expansion in Fort Wayne that is expected to mean about 100 more jobs.
Duke uncertain about impact of Indiana unit shutdown
Officials at Duke Energy don't know how soon they will be able to shut down two coal-burning units at a southern Indiana power plant after deciding to drop a multimillion-dollar project to convert them to natural gas.