Ratio merging with Denver-based architectural firm
Indianapolis-based Ratio Architects Inc., the city’s largest architectural firm, announced Tuesday that it was merging with Denver-based Humphries Poli Architects.
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Ford Motor unit acquires DoubleMap successor Journey Holding
Journey Holding Corp.—formed this year through the merger of fast-growing Indianapolis-based tech company DoubleMap Inc. and Salt Lake City-based Ride Systems LLC—is being acquired by a transit-systems technology unit of Ford Motor Co.
Richer U.S. households fueling hot job sector: ‘wealth work’
In an era that has witnessed a steady loss of manufacturing jobs, wealth positions hold one major distinct advantage: Because these jobs require personal interaction, they are immune to the threat of automation and outsourcing.
U.S. consumer confidence rebounds sharply in July
The bounce back from last month’s drop was much stronger than economists expected.
Cummins falls short of quarterly sales, profit forecasts
Shares of the Columbus-based engine maker dropped in early trading after second quarter results missed analyst expectations, even though sales and profit were up over a year ago.
Port authority to receive $289,000 for Nickel Plate track removal
Salt Lake City-based A&K Railroad Materials Inc. submitted the winning bid out of five bidders who responded to a request for proposals to remove 22 miles of track from Indianapolis to Noblesville and sell the materials for scrap.
Owners of McCordsville winery buy downtown Indianapolis buildings
The Cook family is holding its cards close to its vest, saying only that it’s “excited to expand operations of (its) businesses to the downtown Indianapolis territory.”
Eli Lilly tops quarterly expectations, raises forecast
A jump in sales from the diabetes treatment Trulicity helped push the Indianapolis-based drugmaker to a better-than-expected second quarter.
Butler Toyota acquired by Georgia-based dealership giant
Asbury Automotive Group, the nation’s seventh-largest auto retailer, now has made four acquisitions in the Indianapolis area totaling more than a quarter-billion dollars since 2017. Butler is being rebranded as part of the purchase.
Socio planning hiring spree after $6M funding round
An Indianapolis software firm that helps clients pull off events plans to triple its employee count by the end of 2020.
Doctors say insurers increasingly interfere with patient care
Insurers say advances in medical care are prompting them to review more cases before deciding on coverage. They say the checks are not meant to delay or stifle care, but doctors say they worry about the growing influence insurers have over patient treatment.
Arrest made after massive Capital One data breach
A hacker gained access to personal information from more than 100 million Capital One credit applications, the bank said Monday as federal authorities arrested a suspect in the case.
Developers resume plans for $50M, dual-branded hotel on South Meridian Street
Merrillville-based White Lodging and Indianapolis-based REI plan to construct a seven-story, 206-room hotel after putting it on hold earlier this year over concerns about the Pan Am Plaza development.
Boom in Medicare business fueling eHealth’s growth, expansion into Indianapolis
The company has been bleeding red ink, but its Medicare business is booming and could ring up nearly $100 million in profit this year—if the company can hire enough people to help all the seniors calling in with questions.
California insurance exchange company chooses Indy for regional HQ, 500 jobs
The company, eHealth Inc., is led by Scott Flanders, an Indianapolis native and former CEO of Macmillan Publishing in Carmel and Playboy Enterprises in Chicago.
Archdiocese, Roncalli face suit from second counselor who was fired over same-sex union
Roncalli High School’s former co-director of guidance filed suit against the school and the Archdiocese of Indianapolis in federal court Monday, alleging she was discriminated against because of her sexual orientation.