New venture capital firm off to blazingly fast start
Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already considering a second fund.
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Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already considering a second fund.
Two people were arrested Thursday morning, accused of throwing bricks at cars passing by on Interstate 74. Several drivers called police to report their vehicles being hit by bricks in the westbound lanes of I-74 at Post Road about 3 a.m. Officers found the suspects, 21-year-old Derek Schilling and a 16-year-old male, near the overpass. None of the cars had serious damage and no drivers were hurt.
Voters will not get to decide this fall if Greenwood and White River Township will merge after lawmakers missed the deadline for turning in proper paperwork. The White River Township board turned in the required papers too late to get the proposal on the November ballot, the Johnson County Election Board ruled Wednesday night. Officials are uncertain if the issue can be put on the ballot in 2012.
Home-sale agreements in the nine-county area fell 23 percent in August. The decline marked the fourth straight month home sales have fallen in central Indiana.
A father and his two sons were found safe Thursday morning along the White River in Morgan County after they failed to return Wednesday night from a rafting trip. Search crews found Anthony Short, 35, and Luke and Cole at about 8:30. The group departed Waverly in an inflatable raft at about 5 p.m., but didn’t arrive at a pickup point three hours later as planned. The person scheduled to pick them up notified police two hours later. The father said he and his sons got out of the water when it became too dark to continue the trip. Fox59 will have more at 4 p.m.
A local real estate investor is trying to lure a new restaurant to a prime corner in Broad Ripple.
Profane tirade shows just how serious the labor situation is in the National Football League. Lockout could jeopardize Indy's 2012 Super Bowl.
Emmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in his attempt to purchase the company and take it private.
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
Fort Wayne officials say they aren’t giving up hope that Navistar International Corp. will keep some jobs in the city despite the company’s decision to consolidate operations in suburban Chicago.
Emmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan has abandoned his efforts to buy the Indianapolis-based media firm.
The Indiana Department of Environmental Management says a federal grant will help pay for retrofitting school buses, technology to reduce idling by tractor trucks, towboats and locomotives, and fuel-efficient tires and aerodynamic trim for tractors and trailers.
The state of Indiana and several of its communities hard-hit by home foreclosures are getting $31.5 million in federal grants to stabilize blighted neighborhoods.
A Wednesday evening shareholders meeting has been postponed until Thursday at 8:30 a.m., when the Emmis CEO again will try to take the company private.
Compact downtown is big selling point for sustainable-minded planners.
Just a few minutes northeast of vibrant Monument Circle lurks the most notorious graveyard of Indianapolis’ industrial heyday—at least 70 of the city’s 500 brownfields. Now planners and developers aspire to revitalize the most contaminated neighborhood in Indianapolis into a success story.
An investigation found that lab employees kicked, threw, and dragged dogs; lifted rabbits by their ears and puppies by their throats; violently slammed cats into cages; and exposed animals to toxic chemicals.
The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.
The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.