Defender Direct sells Williams Comfort Air to old owners
Carmel-based WCA Group LLC has acquired Williams Comfort Air and Mr. Plumber from Defender Direct, which wants to concentrate on its core business of security and home automation.
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Zionsville Town Council member questions rezoning denial for senior living facility
A rezoning request for a senior living facility on the south side of West Oak Street near Cooper Road in Zionsville was denied Monday night, but the discussion had little to do with the actual project.
Cumberland ups ante in fight to save historic church
The town is appealing a decision that helps pave the way for a convenience store to be built where a historic church now sits and has hired a top real estate attorney to argue its case.
Springleaf to move HQ out of state after $4B acquisition
Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.
Dot-com deja vu: Nasdaq tops 5,000, approaching record high
The last time the NASDAQ composite index was this high, Bill Clinton was president and your Internet connection was probably still dial-up.
Council approves funding for city preschool program
Indianapolis’ hotly debated preschool program cleared its final hurdle Monday when the City-County Council approved spending $4.2 million to send 1,000 poor children to high-quality preschools later this year.
Council again delays decision on Angie’s List incentives
The Indianapolis City-County Council on Monday night tabled a decision on whether to issue $18.5 million in bonds to support the expansion of Angie's List’s east-side headquarters.
Town run partly by Indianapolis wants more say in its fate
A battle over the fate of a century-old church in the Town of Cumberland is highlighting a political divide created four decades ago.
Indiana AG’s office appeals synthetic drugs ruling
Two rulings striking down part of Indiana's ban on synthetic drugs have been appealed to the state Supreme Court, the Indiana Attorney General's Office said Monday.
Debate on common wage repeal lingers during contractor event
A proposal to repeal the state law that sets wages for public construction projects requires further study instead of a quick vote, opponents of the measure said Monday at the Indiana Statehouse.
Consultants map out steps to avoid repeat of testing uproar
Indiana needs to improve communication between its education leaders, hire more staff and take other steps to prevent a repeat of the “thorny issues” surrounding the length of this year’s ISTEP+ exam, two consultants hired by the state say.
Reverential feel inspires book about ‘Indiana’s Basketball Cathedral’
Eric Angevine came to Indianapolis in 2010 to do one-off stories for ESPN.com's travel page on Lucas Oil Stadium and Hinkle Fieldhouse. Angevine was overcome by emotion as he entered Hinkle, and the trip resulted in the first ever book about the storied venue's history.
Familiar four Hoosiers return to list of billionaires
Cook Group Inc. CEO Carl Cook is the richest person in Indiana with a net worth of $6.5 billion, according to calculations released Monday by Forbes magazine.
El Rodeo owners sentenced to home detention for theft
Their chain of 26 restaurants, which operate in 10 Indiana counties under the names El Rodeo and El Jaripeo, failed to report an estimated $22.7 million in sales between 2010 and 2012, prosecutors said.
Company news
Malicious software used to hack into Anthem Inc.’s computers and steal 78.8 million patient records bears a striking resemblance to malware attributed to Chinese hackers, according to a Virginia-based security firm, ThreatConnect. The chief information officer of ThreatConnect told the Washington Post that the same malicious software was used to target a small U.S. defense […]
U.S. manufacturing slows as output, hiring weaken
U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly.
Wisconsin firm buys downtown Century Building for $13.8M
Hendricks Commercial Properties, which developed the Ironworks mixed-use project at Keystone at the Crossing, purchased the downtown office building from Zeller Realty.
Carmel-based tech security firm acquired for $40M
Carmel-based technology firm Emerging Threats Pro LLC has reached an agreement to be acquired by Sunnyvale, California-based Proofpoint Inc., the companies announced Monday morning.
UIndy plans $5.5M library renovation
New features will include a ground-floor cafe with food service, an outdoor plaza, a 24-hour study lab and a glass-curtain exterior wall on the east side to provide all three upper floors with natural light.
People
Dr. Sweta Tandra, a gastroenterologist, has joined St. Vincent Medical Group in Carmel. She received her medical degree from Mahadevappa Rampure Medical College in Karnataka, India. Indianapolis-based Anthem Inc. named Michael Malouf president of its dental benefits business, which includes nearly 9 million customers. Malouf was previously CEO of Dearborn National Insurance Co., the dental […]