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The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
If history is any indication, turnout for the Nov. 4 election will be low north of 96th Street. That’s not a big shocker, since the May primary tends to be busier in the Republican stronghold. (If 12-percent turnout can be considered busy.) Nevertheless, voters still have a say in a number of races, including several […]
Indiana Republicans spent more than a decade building a strong grip on Indiana's state offices, and voters headed to the polls Tuesday to decide whether they should maintain that hold.
Carrera Manufacturing Inc. will invest about $1.3 million to improve its 80,000-square-foot manufacturing facility, adding as many as 102 jobs by 2018.
Louisville-based coffee roaster Quills expects to open downtown this month, while Panda(ology) returns to its roots in Broad Ripple, Patachou’s Public Greens debuts nearby, and Chef JJ’s expands downtown.
The shopping center company, which was spun off from Simon Property Group Inc. in May, earned $38.8 million, or 21 cents per share, in the third quarter.
The locally based strip-center owner and developer is nearing completion of a small retail project near 106th and Michigan Road on the western edge of Carmel. It’s the company’s first retail project since the recession.
On the line is whether the district will continue to move toward cooperation with charter schools and the business community, or instead slow the move toward aggressive reforms.
Suburban sensibilities be darned: Density is not a dirty word when it comes to Carmel City Center. But it can be an expensive one.
Interactive Intelligence Group Inc. lost money in the third quarter, but shares rose Monday night and Tuesday morning after results beat Wall Street estimates.
Midterm elections typically have lower voter turnouts and Tuesday isn’t likely to break the trend.
Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.
Also this week: The 2014 Spirit & Place Festival gets rolling with a launch event at Old City Hall.
Retail clinics and urgent care centers are proliferating. That could expand the market for health care. But if consumers decide instead to make strip malls the front door to their health care—rather than traditional physician offices—the hospital systems could see their market shares waning.
The addition of Pentagon Chemicals UK Ltd. could add at least $75 million in revenue to the top line of Vertellus Speciaties Inc., one of the largest private firms in Indianapolis.
WellPoint’s stock has benefited the most among major insurers since the 2013 launch of the Obamacare exchanges, along with tax subsidies to buy insurance.
The company plans to consolidate 80 employees from distribution sites in Seymour, Jonesville and Greenwood at the new $15 million warehouse and distribution center.
Dr. Meghana Raghavendra, an internist and medical oncologist, has joined Franciscan Physician Network’s Oncology & Hematology Specialists, a practice that provides care at Franciscan St. Francis Health’s Indianapolis, Mooresville and Carmel hospitals, as well as in offices around central Indiana. She earned her medical degree from BLDEA’s Shri B.M. Patil Medical College in India. Dr. […]
New Jersey-based Covance Inc., which employs about 1,500 workers in Indianapolis and Greenfield, has agreed to be acquired by Laboratory Corp. of America Holdings for $6.1 billion. According to Bloomberg News, North Carolina-based LabCorp wants to add contract research services for drug companies to its offering of medical diagnostic tests, the companies announced Monday. Covance […]
The Institute for Supply Management, a trade group of purchasing managers, reported Monday that its manufacturing index rose to 59 last month, from 56.6 in September. Any reading above 50 signals expansion.
