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Employment was about the same in January as December, according to the latest figures from the Indiana Department of Workforce Development. The state had 2,994,800 jobs, down 200 from December. The figures, taken from surveys of employers, are adjusted for seasonal fluctuations. January figures arrived about a month late due to government statisticians’ needing additional […]

Vontoo Inc., the Indianapolis startup that’s developing audio marketing messages, has attracted $2 million in private funding. The company was started in 2006 to help bring personalized voice mail messages that can include nuance that’s difficult to convey in an e-mail. A key financial backer is Robert Compton, an angel investor living in the Memphis […]

Tennessee-based Hollingsworth Capital Partners has bought a 330,822-square-foot industrial building at 910 E. 169th St. in Westfield for an undisclosed price. The seller was Verizon Communications Inc. The new owner plans to lease the building to multiple tenants. John Huguenard and Michael Weishaar with Colliers Turley Martin Tucker represented Verizon Communications in the sale.

A research center to be included in the Medco Health Solutions Inc. pharmacy distribution center at Whitestown will study drug data, genetic testing and medical claims data, the company said today. With help from colleges and universities, the center will look for ways to use the information to cut costs and improve patient health, said […]

Jim Kanir has been named president and chief operating officer of Indianapolis-based Powerway Inc., an Indianapolis company that develops manufacturing control software. Kanir represented Mason, Ohio-based Cohesia Corp. as it was acquired by Powerway in June last year, and served in a consulting role during the transition. The president’s position had been held by Dave […]

The health of the U.S. economy will worsen and its recovery will be slower than previously expected, according to 42 economists surveyed by Bloomberg News. “We’re now more pessimistic about the pace of recovery into 2009,” Richard Berner, co-head of global economics at Morgan Stanley in New York told Bloomberg. “We now see the Fed […]

Purdue University has hired a Washington, D.C., lobbying firm that specializes in aerospace, aviation and defense to recreate strong ties the school had in the past with NASA, reports the Journal & Courier of Lafayette. As former chief scientist at NASA, Purdue President France C?rdova has ties with the firm, The National Group. Cordova believes […]

The skyrocketing cost of asphalt is forcing some local officials to consider tearing out asphalt on rural roads and replace it with gravel, according to The Republic of Columbus. Local governments are struggling to fill potholes in asphalt roads, which is increasing chances for damage to cars. Conversions to gravel would occur if the condition […]