EnerDel parent lines up more financing
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
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Republic Airways lands $110,000 in federal penalties
Federal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.
Colts QB steps out of shadows
The Indianapolis Colts Thursday night found a new back-up quarterback. More importantly, team officials have potentially unearthed Peyton Manning's eventual replacement.
A&E PREVIEW: Dozens of events that should be high on your priority list
From Mary Poppins to Tyler Perry, and from Liza to the Leisure Kings, there’s a lot to fill up your A&E calendar. Get your planners out and start circling dates. Here are some of my early must-do front-runners.
Another day, another delay for Emmis going-private vote
Emmis Communications CEO Jeff Smulyan delayed a shareholder vote Friday morning, for the eighth time overall and second time in 24 hours, on a proposed deal to take the company private.
Hurco reports smaller loss on higher revenue
The Indianapolis-based machine tool maker said the increase in sales primarily was driven by increased demand for computerized metal cutting machines, particularly in the Asia Pacific region.
Indiana to get share of Botox settlement
Botox maker Allergan Inc. said it would pay $600 million to settle a years-long federal investigation into its marketing of the drug. Indiana will get $636,000 of that money.
National unemployment rate back on the rise
Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
Daniels helps raise cash for Mississippi GOP
Two governors seen as potential 2012 presidential candidates appeared together Thursday night at a fundraiser for the Mississippi Republican Party. Mississippi's Haley Barbour and Indiana's Mitch Daniels wouldn't say whether either has ambitions for the White House.
Dow Agro acquires Colorado seed company
Grand Valley Hybrids has been growing and conditioning hybrid seed corn in the West since 1946.
Smulyan delays Emmis buyout vote for 7th time
Emmis Communications CEO Jeff Smulyan delayed a vote again on his plan to take the company private. But shareholders of the Indianapolis-based radio company will gather Friday morning at 8:30 to decide the fate of Smulyan’s $90 million buyout bid.
IU football gains ground as sports program nears financial crossroads
Under Athletic Director Fred Glass, attendance and optimism are on the rise at Indiana University. Soon, he’ll have to decide whether spending millions more on Indiana football is worth the risk.
Sun Capital’s cuts spark union drive at Marsh Supermarkets
Workers at the Beech Grove grocery will vote Sept. 17. The United Food and Commercial Workers would have to prevail in votes at all locations to provide representation for the entire chain.
Dakich finds growing popularity as broadcaster
Former IU basketball player and coach Dan Dakich is one of the hottest sports broadcasters in the Midwest, and he’s about to take his act national.
Lauth revival hinges on judge approving settlement
The deal with financial backer Inland American Real Estate Trust would leave Lauth Group with fewer properties but a more manageable debt load.
Facebook, others try to cut in on ChaCha’s answer service
Tech entrepreneur Scott Jones says the accuracy of his company’s answers will set ChaCha apart from its social-media rivals.
Insurance seller chases music dreams with jazz label
Al Hall started Owl Studios in 2005 to promote local musicians and has expanded its roster of performers to 16.
Key foes won’t campaign against Indiana tax caps
Two prominent groups that have fought against the statewide property tax caps championed by Gov. Mitch Daniels are going to sit out the November referendum on whether to put the limits into the state constitution.