One of central Indiana’s oldest web developers acquired
New England-based SilverTech Inc. plans to expand to its second market by buying local stalwart Bitwise Solutions, which was founded in 1991.
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Former Lilly CFO Rice to lead CVS Caremark, report says
Derica Rice, 53, one of the nation’s most powerful black executives, retired from Indianapolis-based drugmaker Eli Lilly and Co. in December, after the company passed him over when naming a new CEO.
Amazon’s Whole Foods acquisition already shaking up grocery business
Amazon.com’s Inc.’s acquisition of Whole Foods Market—the national grocery chain that is opening its third local store in downtown Indianapolis on Wednesday—has sparked major disruptions in the grocery industry in the short time since the deal closed in late August.
Meridian Plaza buildings in Carmel fetch more than $30M
Zeller Realty Group has sold the two spacious buildings along the North Meridian Street office corridor after undertaking extensive renovations.
Area home builders have busiest February since 2006
Builders filed 481 single-family construction permits in the nine-county area in February, a 37 percent increase over the 351 permits they filed in 2017.
Facebook shares tank over data-manipulation scandal
The social network is under fire after newspapers reported that former Trump campaign consultant Cambridge Analytica used data, including user likes, inappropriately obtained from roughly 50 million Facebook users to try to influence elections.
The healthiest county in Indiana? Still Hamilton
For the eighth year in a row, Hamilton County is the healthiest in Indiana, while Marion County is again stuck near the bottom.
Governor makes utility regulatory leadership moves
Gov. Eric Holcomb on Monday appointed former state representative David Ober to an open spot on the Indiana Utility Regulatory Commission and promoted interim IURC chairman Jim Huston to chairman.
New Le Peep operator zeroes in on sixth area eatery
Le Peep Restaurants of Indiana was acquired in January by a local investment group intent on making some improvements to the Indianapolis-area restaurants.
Holcomb traveling to Canada for three-day trade mission
The Indiana Economic Development Corp. announced Monday afternoon that Holcomb will spend Monday through Wednesday in Canada to promote investment in the state.
Northwest-side office building changes hands in $16.35M deal
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
Holcomb orders special session to address school safety, tax reform
The Republican-led Legislature failed to pass several bills by the General Assembly’s deadline last week due to bickering over a few controversial bills. Gov. Eric Holcomb’s legislative agenda was caught in the middle.
Discount grocer Aldi coming to former Marsh site in Nora
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
Council proposes panel to study county road-funding needs
The announcement follows a unanimous City-County Council vote to approve $14.5 million in emergency funding to address potholes.
Tow Yard equipment, recipes set to hit auction block
Indianapolis-based Key Auctioneers said it will consider offers for the microbrewery’s assets before the April 9 auction.
Speak Easy leader McDowell stepping down
Danielle McDowell, who oversaw a period of rapid growth at the Speak Easy, is leaving her role as executive director of the not-for-profit co-working organization after 2-1/2 years at the helm.
Bye-bye box seats? Tax law may curb corporate cash at games
U.S. companies spend hundreds of millions annually on entertaining customers and clients at sporting events, tournaments and arts venues, an expense they can no longer partially deduct from their tax bill under new law.
