Outsourcing firm to hire 500 more workers at Indiana center
Intelenet Global Services announced Tuesday that it intends to triple its Fort Wayne workforce to at least 750 employees to meet growing customer demand.
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NCAA looking into how university handled Nassar case
The Indianapolis-based NCAA is examining how Michigan State University handled the case of sports doctor Larry Nassar, who faces prison time for sexually assaulting Olympic gymnasts and other young female athletes.
Update: Urban Eats, Nook opening in early February; governor to visit Tim Hortons
Gov. Eric Holcomb will drop in at Tim Hortons for Wednesday’s grand opening of the Canadian-based coffee and doughnut chain’s first Indianapolis-area location.
IndyCar seeking deep-pocketed title sponsor willing to spend up to $30M per year
Series officials are in overdrive trying to find a replacement for Verizon, which is exiting as title sponsor at the end of this year. They’re also busy searching for a new TV partner for 2019.
Fear, respect for Amazon fuels deals, alters corporate strategies across Indiana
More deals could be on the horizon as dozens of companies—including local powerhouses such as Simon, Eli Lilly and Anthem—game out what Amazon’s huge ambitions could mean for their bottom lines.
Mergers, acquisitions off to hottest start since 2000
North American companies, which fell out of favor among acquirers last year, are back on the shopping list in 2018, making up almost 60 percent of all announced transactions in 2018.
Lack of disclosed price kept these deals off the list
Here are notable Indianapolis-area mergers and acquisitions that closed in 2017 for which financial details were not available.
Two Hoosier companies pull off IPOs
OrthoPediatrics Corp. raised $52 million on Oct. 12, and Carmel-based Merchants Bancorp raised $115 million on Oct. 27.
Indiana lawmakers to consider state handgun licensing repeal
A push to repeal Indiana’s law requiring state licenses to carry handguns in public is going before legislators.
Two local stores on Toys ‘R’ Us bankruptcy closure list
The world’s largest toy chain is planning to close about 180 Toys “R” Us and Babies “R” Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.
Castroneves slides into sports cars to lead Penske team
Helio Castroneves is one of the most popular and accomplished drivers in IndyCar Series history. He is about to find out if an old driver can learn new tricks.
Senate approves Powell to follow Yellen as Federal Reserve chair
Jerome Powell, 64, has served for 5-1/2 years on the Federal Reserve’s board. A lawyer and investment manager by training, many expect him to follow Janet Yellen’s cautious approach to interest rates.
House joins Senate in passing Sunday alcohol sales bill
The Indiana House has approved a measure that would repeal the state's ban on Sunday carryout alcohol sales.
AT&T latest sponsor to abandon USA Gymnastics amid scandal
Losing corporate partners is a significant blow to the Indianapolis-based organization. Sponsorships and marketing account for about a quarter of USA Gymnastics’ annual revenue.
Indiana Senate panel delays vote on hate crime bill
The move by Senate Corrections and Criminal Law Committee Chairman Mike Young came after an emotionally charged hearing Tuesday.
Greenwood broker banned for life from trading securities
Regulators say the broker violated industry rules by refusing to cooperate in the investigation of a customer complaint against him.
IU Health expands specialty cancer program into new facility
The program is for patients with Stage 3 or Stage 4 cancer who had not had success with traditional treatments. Under the program, scientists analyze patients’ genome, leading to a personalized treatment plan.
Indiana’s unemployment rate declines to 3.4 percent
Private sector employment grew by 6,000 over the month of December and is up 24,400 over the past year, the state said.
Senate panel backs legalization of CBD oil with small amount of THC
A bill that would legalize the sale and use of cannabidiol oil passed the Indiana Senate’s Corrections and Criminal Law Committee 7-2.
Indiana union membership declines 12.5 percent
Union workers comprised 8.9 percent of Indiana's workforce in 2017, down from 10.4 percent in 2016.