UPDATE: Demand for distribution services drives firm’s growth
Indianapolis logistics firm Backhaul Direct LLC plans to invest $1.7 million to grow its downtown operation and add nearly 325 jobs by 2015 as demand for its distribution services grows.
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Indianapolis logistics firm Backhaul Direct LLC plans to invest $1.7 million to grow its downtown operation and add nearly 325 jobs by 2015 as demand for its distribution services grows.
An Indiana law that requires all people—regardless of age—to show identification when buying alcohol has caused headaches for some shoppers, but liquor store representatives are urging lawmakers not to repeal it.
Police arrested Emmanuel Rodriguez-Serrano on murder charges Wednesday, the day after authorities found his infant daughter dead in an apartment on Racquet Ball Drive. Authorities were called to the apartment just after 1 p.m. Tuesday and found 1-month-old Evelyn Jasmine Ricardo dead inside. An autopsy determined the infant died as a result of blunt-force trauma.
Police are on the lookout for two armed men who robbed a pizza delivery driver just north of downtown Wednesday night. The Papa John's driver told police he was delivering four pizzas to a caller in the Kenwood Apartment complex near 23rd and Illinois streets at about 10 p.m. when he was approached by two gun-wielding men who demanded cash. The suspects, who were wearing ski masks and dressed in all black, then ran west from the apartment complex with an undisclosed amount of money.
The latest round of snow started falling in central Indiana at about 4 a.m. Thursday—just in time for the morning rush hour. A winter weather advisory remains in effect until early Friday. Drivers should look out for slippery roads, reduced visibility and hazardous travel conditions. Accumulation is expected to average 2 inches to 4 inches across the northern half of the Indianapolis area and 3 inches to 6 inches farther south. The heaviest snowfall is expected Thursday afternoon. Winds could cause blowing and drifting snow.
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
Creating great companies isn’t easy. Neither is it easy for some entrepreneurs to keep their marriages together.
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from OneAmerica’s acquisition of benefits firm McCready and Keene Inc. to Herb Simon’s pickup of the Kirkus Reviews, a venerable journal of prepublication book reviews. • Bloomington Hospital was merged into Clarian Health on Jan. 1. • Indianapolis-based […]
Simon Property Group’s acquisition of Prime Outlets was the largest by an Indiana company in 2010.
Conditions are ripe for a barrage of mergers and acquisitions to take place this year.
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
Alecia DeCoudreaux, the top attorney for Eli Lilly and Co.’s U.S. unit and an active community volunteer, will leave to become president of Mills College in California on July 1.
The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund an expansion of its signature mobile service.
Shares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter profit that beat analysts’ estimates.
Purdue University officials are pushing ahead with plans for a new campus residence hall that would house between 200 and 300 students and include a cafe and retail space.
Indianapolis logistics firm Backhaul Direct LLC will invest $1.7 million to grow its downtown operation, adding nearly 325 jobs over the next four years. State officials announced the expansion plans Thursday morning.
Indianapolis-based Brightpoint Inc., which helps cell phone makers manage their supply chains, said Wednesday that it is re-entering Poland, a market it exited two years ago at the height of the global downturn.
The Indiana House Public Health Committee voted 9-3 to endorse the bill prohibiting smoking in public places and indoor work sites—after it exempted casinos and pari-mutuel horse tracks from the ban.
Drivers wouldn’t be allowed to send or read text messages on cell phones under a bill approved by an Indiana House committee.