FAST 25: Rook Security
Every day, it seems, brings news of another data breach. Rook Security CEO J.J. Thompson said companies needing to protect their information is one reason his business has grown rapidly.
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IT firm nails down $18M investment, eyes new HQ and IPO
Indianapolis-based Scale Computing Inc. has raised another $18 million in venture capital that CEO Jeff Ready expects will allow it to hire more employees, potentially move downtown and become profitable.
Pacers’ ticket, sponsorship sales trending up in wake of on-court changes
Pacers officials are formulating an ad campaign to highlight a new style of play and players, preparing to replace the Roy Hibbert-themed Area 55 and sign a multi-year pact for a new naming rights deal. The up-tempo era has begun.
Watchdog: Budget cuts lead to poor taxpayer service at IRS
Only 37 percent of people who called the IRS for help during tax season were able to reach a person, the report said. For those who got through, the average time on hold was 23 minutes.
Amazon plans to hire 2,100 at Indiana warehouses
The company says it will bring on 1,400 new workers at central Indiana fulfillment centers in Indianapolis, Plainfield, and Whitestown, as well as an additional 700 workers at its Jeffersonville location in southern Indiana.
State helps city lock up FFA convention until 2024
Indianapolis will host the National FFA Convention & Expo every year from 2016 to 2024 under an agreement to be announced Wednesday morning by state and local officials.
Teamsters sue Republic Airways over bonuses for new pilots
The Teamsters sued Republic, Shuttle America and parent Republic Airways Holdings Inc. last week in federal district court in Indianapolis. The union, which has been negotiating for a new contract since 2007, said the extra pay undercuts its bargaining position.
Storm wreaks havoc on Indianapolis Motor Speedway
With less than two weeks until the Brickyard 400 NASCAR race, a massive clean-up effort is underway at the Speedway. IMS officials said this is the worst wind damage the facility has seen in its 106-year history.
NCAA must pay $46 million in legal fees in O’Bannon lawsuit
Judge Nathanael Cousins cited the “Game of Thrones” series in awarding the fees and costs to the attorneys who represented Ed O’Bannon, the former UCLA basketball player who challenged the NCAA’s rule restricting athlete compensation in a 2009 lawsuit.
Mark Leonard convicted of murder in explosion scheme
A jury found 46-year-old Mark Leonard guilty of all counts against him, including murder and felony murder. Prosecutors alleged Leonard was the mastermind behind the home explosion, plotting with his live-in girlfriend and half-brother to blow up the home for $300,000 in insurance.
UPDATE: Many Indiana counties not meeting public records law
The survey commissioned by the Indiana Coalition for Open Government sought records from 90 public agencies in 30 counties, but only 15 provided electronic copies of the documents.
UPDATE: DCS case manager sues agency over caseload
A Department of Child Services family case manager who says her caseload is more than twice what Indiana law allows has filed a lawsuit contending the excessive work makes doing her job extremely difficult and puts children at risk.
Central Indiana home deals experience June swoon
Central Indiana home-sale agreements slid 4.8 percent in June, the third time in four months that deals have fallen, according to a report released Tuesday by real estate agency F.C. Tucker Co.
Vacant IPS buildings draw bids from developers
Five of the six buildings that Indianapolis Public Schools put on the block last month have attracted offers, with bidders appearing to lean toward renovating several as apartments.
Indy joins regional group to fund transit route
The City-County Council voted Monday for Indianapolis to join Carmel, Westfield and Greenwood in an economic development group seeking state funding for a rapid-transit route.
U.S. retail sales droop as consumers stay cautious
Retail sales fell 0.3 percent in June, the Commerce Department said Tuesday, the weakest showing since February's harsh winter weather kept shoppers indoors. The weak spending was broad-based.
South Bend real estate firm launches local office
Bradley Co. has entered the market by bringing on board David Reed, who launched another firm’s office in Indianapolis before it became part of a large multi-brokerage acquisition.