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The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
Consumers are expected to buy more Christmas and other holiday gifts from niche retailers this year, pulling spending away from big store operators.
Since May, the Carmel not-for-profit has lost its CEO and president, vice president of marketing and communications, and vice president of finance.
Pacers officials are promising to transform the 18,165-seat fieldhouse from floor to ceiling for six special home games to look like each of the decades in which the team, which this season is celebrating its 50th season, has played.
Single-family construction permit filings have risen locally on a year-over-year basis in 12 of the last 13 months.
Craig Huse expects to open Burger Study in April near St. Elmo spinoff Harry & Izzy’s. He describes it as a “full-service burger bar and restaurant delivering an adult dining experience.”
The former dispatch facility would be demolished and possibly replaced with condos, according to Mayor Jim Brainard.
Michael Andretti, owner of Andretti Autosport, has become a director following a sponsorship deal between the struggling retailer and the racing team.
The founder of the Menards building supply chain doesn't have to give his ex-fiancee ownership interest in the company, an appeals court ruled Tuesday. The ongoing legal dispute once entangled two prominent Indianapolis executives and a local private equity fund.
Protecting Indiana's state government surplus and completing some big-ticket transportation projects are among the items Republican gubernatorial candidate Eric Holcomb said Tuesday were keys for spurring business growth.
Crews have resumed work on an Interstate 69 project between Bloomington and Martinsville after halting operations earlier this month due to lack of payment.
The states sued the U.S. Department of Labor on Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay, slamming the measure as inappropriate federal overreach by the Obama Administration.
A Tesla executive said a proposal to prohibit direct-to-consumer auto sales would, if passed, prompt the company to make a U-turn with respect to expanding operations in the state.
The deal, which still needs to be approved by the full council, would give the city $45,000 per year in franchise fees.
The move could potentially offer real competition to carriers like Verizon and AT&T for a subset of the country. Comcast has just over 28 million customers.
The Hogsett administration’s proposal is to take big-ticket items out of the city’s operating budget to help resolve a persistent budget deficit. Republicans worry about taking on the debt.
Standard & Poor’s has issued its second ratings downgrade as delays plague construction of the interstate between Bloomington and Martinsville.
Sears Holdings Corp. will close an additional 64 Kmart stores, including three in Indiana, according to a person familiar with the matter.
The city of Indianapolis has raised income taxes twice in the last nine years to raise money to hire more police but it still has fewer officers.
The Carmel Redevelopment Commission has purchased one property on the northeast corner of Main Street and Rangeline Road and is in negotiations for the remaining parcels.
