Marketing software firm Perq raises $6 million in capitals
The most recent funding is expected to fuel the growth of Perq’s artificial intelligence-driven marketing cloud for big-ticket retailers, company officials said.
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Appeals court strips judgment for Emmis, rules for insurer
A federal appeals court has reversed a breach-of-contract ruling for Indianapolis-based media company Emmis Communications Corp. arising from a shareholder dispute. Emmis had sought more than $4 million in legal fees that its insurer refused to cover.
In Trump aid package for farmers, many blow past caps
Recipients defended the payouts, saying they didn’t cover their losses from the trade war, and they were legally entitled to them.
Real estate company sues law firm over HHGregg property deal gone awry
A Carmel-based plaintiff has filed a lawsuit against Krieg DeVault, alleging the Indianapolis-based law firm’s failure to file a property deed in 2003 in a transaction involving defunct retailer HHGregg could now cost the real estate company millions of dollars.
Local business owner charged in tech startup scam, accused of bilking investors
Prosecutors say David Betner of Indianapolis misled investors by saying his company—Darepoint—was on the verge of a profit-generating buyout.
Grand Park developer, Kokomo partner on $86 million youth sports project
Westfield-based Henke Development Group, which helped the city develop Grand Park, plans to spend $77 million developing Championship Park, a commercial development on land next to the sports park. A hotel could also be part of the project.
Q&A: Conrad chef Sven Hildebrandt brings international flair
The 47-year-old told IBJ he hopes to make the most of what he learned in Germany—where he grew up and got his start in hospitality—as well as in Dublin, Phoenix and Virginia, with hopes of adding some authentic German flair to the hotel’s specialty menus.
Could land trusts keep housing affordable, avoid gentrification?
In a quest to create permanently affordable housing, about 25 Indianapolis community groups and development corporations have formed the Community Land Trust Coalition.
MIKE LOPRESTI: And this one belongs to … Marty Brennaman
The Hall of Fame Cincinnati Reds announcer, about to hang it up after 46 seasons, reflects on how it all started.
Local company seeks to make Midwestern fans of kombucha, which is trendy on coasts
Indianapolis-based beverage maker Circle Kombucha wants to sell its signature product—carbonated, fermented tea—throughout the Midwest.
Duke Energy to retire coal plants by 2038; critics say utility should move faster
The utility says it wants to keep most of its coal-fired plants in Indiana running through much of the next decade, while gradually investing in wind, solar and other renewable energy sources.
BOHANON & CUROTT: Overtime pay advocates, be careful what you wish for
Extending overtime pay to millions of Americans who aren’t currently eligible will burden millions of American businesses. But workers probably stand to lose the most.
Workforce Development
Questions: Q: Are we equipping Hoosier children with critical skills to thrive in today’s changing world? Q: What does it mean to be kindergarten-ready in 2019? Q: What career skills get established before a child turns 5? Q: How does Indiana stack up when it comes to early learning and kindergarten readiness? Q:What does it […]
Attorneys open new firm after Carmel’s Hollingsworth, Zivitz settle suit
Three attorneys have left Carmel-based Hollingsworth & Zivitz law firm to start their own partnership, the lawyers announced.
U.S. won’t impose rule to protect against coal ash spill costs
Environmental Protection Agency officials said Tuesday that modern industry practices and recently enacted regulations are sufficient to shield taxpayers from potential cleanup costs.
Former Ford, Chrysler CEO Lee Iacocca dies at age 94
Lee Iacocca, the automobile industry executive who helped launch the Mustang at Ford and save Chrysler from bankruptcy, died Tuesday. Amid his successes, Iacocca presided over one of Ford’s greatest fiascoes: the Pinto, which led to a landmark product-liability case in Indiana in 1979.
KAR leader Hallett ‘extremely happy’ with spinoff of IAA business unit
The separation of KAR Auction Services and Insurance Auto Auctions is already creating shareholder value, CEO Jim Hallett said.
Noblesville mayor-elect Jensen views projected population surge as opportunity
But first—Chris Jensen said—the city needs to take steps that will help guide and keep a handle on the coming influx of residents and businesses.
Indianapolis-based food distributor adds Chicago-area company to its fold
Indianapolis-based IF&P, one of the largest food distributors in the Midwest, has ambitions to grow through more acquisitions like one announced this week.
NATE FELTMAN: Indy Chamber/IBJ HobNob to kick off mayor’s race
IBJ will moderate a debate between incumbent Joe Hogsett and challenger Jim Merritt about the city’s most pressing issues.