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UPDATE: Angie’s List shares surge after surprise profit

Angie’s List Inc. shares saw double-digit percentage gains Wednesday morning after the company reported a surprise profit in the first quarter—the first time it's put together back-to-back profitable quarters since its 2011 initial public offering.

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Princeton loses appeal in case sparked by Lilly drug loyalties

Four residents of the town of Princeton sued to revoke the university’s tax exemption, in part because it shares royalties with faculty, mostly from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.

WISH-TV hires news director to replace departing Bray

Elbert Tucker, who spent much of his 30-year TV news career leading stations in Cincinnati and Columbus, Ohio, has been named news director, WISH-TV Channel 8 and sister station WNDY-TV Channel 23 announced Tuesday.

Fiorina seeks traction in crowded GOP presidential field

Carly Fiorina gave a speech Monday to 900 people in Indianapolis. The former CEO of Hewlett Packard is one of more than a dozen Republicans who are running or considering a bid for the presidential nomination in 2016.

Rolls-Royce plans massive modernization of aging plant

Rolls tom bell watch videoThe defense contractor is on the cusp of investing hundreds of millions of dollars to modernize its Tibbs Avenue factory, Rolls-Royce officials revealed Tuesday at IBJ's aviation and aerospace event.

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Sponsors never doubted Pacers’ George would fly high again

Pacers' all-star forward Paul George is featured in three new TV ads this month. CAA Sports, which represents George, said not a single prospective or current sponsor backed away from George after a serious leg injury in August.

State unemployment rate shrinks amid job losses

Indiana’s unemployment rate slipped to 5.8 percent in March even as private-sector employment declined by 800 jobs, the state Department of Workforce Development said Tuesday morning.

Lawmakers still unsettled over more live casino dealers

The question of whether the two horse track casinos in central Indiana will be allowed to add live dealers for their current electronic table games remained unsettled Monday with little more than a week left in this year's legislative session.

Did Congress just kick off another wave of doc mergers?

Things got quiet after a wave of hospital systems' acquiring physician practices swept through central Indiana from 2008 to 2011. But a new wave could start now that Congress passed the "doc fix" last week.