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The European Union Commission has approved using genetically altered corn developed by Indianapolis-based Dow AgroSciences LLC and DuPont for use in animal feeds, and for human consumption and other uses. However, the corn, which resists insects and the Roundup herbicide, still cannot be raised in the EU. Dow AgroSciences is the agricultural arm of Dow […]

Chrysler workers at two Kokomo plants overwhelmingly rebuffed a tentative United Auto Workers contract during voting yesterday, according to a Reuters report. At the casting plant, 79 percent voted against the four-year pact. At a transmission plant, 72 percent voted No. All told, 2,855 opposed against the contract at the plants, while only 1,053 supported […]

A federal appeals court has ruled against Indianapolis-based shopping mall giant Simon Property Group in a case revolving around whether dormancy fees can be charged on gift cards. The U.S. Circuit Court of Appeals in Manhattan on Oct. 19 sided with the state of Connecticut in its ban on the practice, according to Bloomberg. If […]

Arcadia HealthCare, the Detroit-area company that announced Oct. 10 it will move its headquarters to Indianapolis, has named two high-level executives. New Executive Vice President and General Counsel Michelle Molin was a partner at the law firm Ice Miller. Steve Zeller has been promoted to Executive Vice President of Services from BestCare Travel Staffing LLC, […]

Two former executives of Chicago-based Ubiquity Brands, which owns Jays Foods Inc. and Select Snacks Co., say they were fired without cause when the company recently restructured. Ubiquity sold another unit to ConAgra Foods Inc. in September; Jays and Select Snacks have filed for bankruptcy protection. William McManaman, the company’s former chief financial officer, and […]

Ball State University‘s contract with President Jo Ann Gora has been extended to June 2012 from August 2009, when it was set to expire, following a unanimous vote by university trustees. The action was taken during a meeting last month, according to The Star Press of Muncie. Gora arrived at the campus in 2004. The […]

Nothing But Noodles, a Scottsdale, Ariz., restaurant chain, has been acquired by Noodles & Co. of Aurora, Colo., in a move that affects at least two Indianapolis locations. As a result of the merger, a Nothing But Noodles at 3625 E. 96th Street has been closed because of its close proximity to a Noodles & […]

First Internet Bancorp said today that third-quarter profit shot up 63 percent, largely because of its acquisition of Landmark Financial Corp. Indianapolis-based First Internet said it earned $664,325 in the period ended Sept. 30. The online bank closed its $12 million purchase of Landmark on Jan 1. Landmark was the parent of Landmark Savings Bank […]