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Stephen M. Hourigan began his new duties yesterday as executive director of the Indiana Economic Development Corp.’s small business and entrepreneurship initiatives. Hourigan, who will focus on encouraging creation of high-growth companies and small businesses, replaces Bruce Kidd. Kidd resigned in December to take a post as senior vice president at Indianapolis research firm Walker […]

HHGregg Inc. today reported better-than-expected revenue and profit projections for the fiscal fourth quarter. According to preliminary numbers for the quarter ended March 31, the Indianapolis-based electronics and appliances retailer had revenue of $365 million – a 13-percent increase over the same period a year ago. The retailer said profit per share for the quarter […]

Indianapolis-based Consona Corp. announced today it would acquire the enterprise-software-related assets of Redwood City, Calif.-based SupportSoft Inc. for about $20 million in cash. Consona, formerly Made2Manage Systems Inc., is a private company owned by Waltham, Mass.-based venture capital fund Battery Ventures VI LP and Chicago-based private equity firm Thoma Bravo LLC. The transaction should be […]

Indianapolis-based Emmis Communications Corp. has agreed to lease struggling Los Angeles radio station KMVN-FM to Mexico’s Grupo Radio Centro in a deal that likely will lead to an acquisition of the station. Under the seven-year deal that takes effect April 15, GRC will pay Emmis $7 million annually, with $14 million paid up front. Mexico […]

Virginia-based Sallie Mae said this morning that it would bring 2,000 jobs to the United States within the next 18 months by shifting call-center and other operations from overseas. Sallie Mae, the nation’s largest private student lender, said in a statement that it would hire call-center, information-technology and support employees. The company didn’t identify where […]

About 1,800 Indianapolis-area AT&T workers could go on strike if they don’t reach a deal with the company soon. Their contract expired Sunday morning, but they showed up for work today. The union is trying to keep AT&T from raising health care insurance premiums. AT&T said it is paying 92 percent of the health care […]

Indianapolis-based Consona Corp. announced today it would acquire the enterprise-software-related assets of Redwood City, Calif.-based SupportSoft Inc. for about $20 million in cash. Consona, formerly Made2Manage Systems Inc., is a private company owned by Waltham, Mass.-based venture capital fund Battery Ventures VI LP and Chicago-based private equity firm Thoma Bravo LLC. The transaction should be […]

Investigators are expected to release new details today about an accident that killed two people in Martinsville yesterday afternoon near State Road 37 and Legendary Drive. According to witnesses, the driver hit an embankment and crashed into a nearby creek. The identities of the victims haven’t been released.

Businesses at a Montgomery County employment fair are offering hundreds of job opportunities today in a variety of fields, including health care, manufacturing, information technology, education and government. The Hoosier Job Fair runs until 3 p.m. at Crawfordsville High School.

Indianapolis-based Emmis Communications Corp. has agreed to lease struggling Los Angeles radio station KMVN-FM to Mexico’s Grupo Radio Centro in a deal that likely will lead to an acquisition of the station. Under the seven-year deal that takes effect April 15, GRC will pay Emmis $7 million annually, with $14 million paid up front. Mexico […]