ExactTarget sells for eye-popping $2.5 billion
ExactTarget Inc. sold for more than $2.5 billion after a bidding war among some of Silicon Valley’s biggest players.
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City finally lands development for Market Square
Flaherty & Collins Properties plans to build an $81 million, 28-story skyscraper in what would be the tallest new downtown development since the 34-story JW Marriott hotel opened in 2011.
Young CEO has big plans for employee-training software firm
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
Panel’s use of TIF funds spurs new flap in Carmel
The cash-strapped Carmel Redevelopment Commission is revising its 2014 budget to account for the loss of a six-figure income stream critics say it was not entitled to use in the first place.
9-year-old Kokomo girl raises funds for storm victim
Kyndal Mellady decided to make bracelets and sell them for $1 apiece, allowing her to raise hundreds of dollars for a woman she didn’t even know.
Firefighters handle eastside house fire
Indianapolis firefighters extinguished a blaze in an eastside home on Wednesday morning. Neighbors of the home at 4908 E. 21st St. noticed a lot of smoke coming from the structure on Christmas morning and called 911. Crews arrived and put out the fire in about 30 minutes. The damage was estimated at $20,000. No one was at home at the time of the fire.
Car careens into home
A driver and passenger attempted to flee Wednesday morning when their car collided with a home on the northeast side and damaged the single-story structure. At about 4:25 a.m., residents of the home near the intersection of Helmsdale Drive and Brunson Run felt the impact of the sedan, which hit an unoccupied portion of the house. Indianapolis police apprehended the driver and passenger when they attempted to flee the scene.
Mugger shoots woman in head
Indianapolis police are investigating a mugging on Wednesday night that resulted in one victim being shot in the head. Phantasia Littlefield, 25, was in critical condition at Eskenazi Hospital following the shooting near the intersection of Clifton and 33rd streets on the north side. Police say that Littlefield and her brother were walking down the street on Wednesday evening when a robber ran up, stole their cell phones and presents, and then shot the woman in the head.
Indy Eleven soccer games to be locally televised this spring
WNDY-TV Channel 23 will broadcast the club’s inaugural campaign. One of its challenges will be to field a team of announcers who can provide authoritative play-by-play.
Over 50-plus years, lawyer helped shape modern Indianapolis
George Rubin, one of the principal architects of Unigov, will retire at the end of the year at age 81. As a legislator, he also created the Indiana Uniform Consumer Credit Code.
HHGregg’s CFO to depart in January
Jeremy J. Aguilar plans to take a similar position with another company, the Indianapolis-based retailer announced Thursday.
Report: Ditching business property tax shifts burden to others
Gov. Mike Pence’s plan to eliminate the tax on business equipment would mean significantly higher taxes for other property owners if the state took no specific action to protect them, according to a new analysis.
New roof first step to restoring Rivoli Theatre
The theater on the city’s near-east side was built in 1927 but has been vacant since 1992. The building’s supporters hope the new roof is the first step in revitalizing what was once the neighborhood’s crown jewel.
Pence wants tax credit for adoptive parents
Under the proposal, taxpayers benefiting from the federal adoption credit would be able to claim an additional credit on their state return.
Postal service to boost cost of snail mail in January
Mailing a letter is about to get a little more expensive—from 46 to 49 cents per stamp. And for businesses, rates for bulk mail, periodicals and package service will rise 6 percent.
Bored of your board games? Try these.
Between Christmas and New Year’s Day is when many families raid the game closet. If all you’ve got are Monopoly and Scrabble, consider picking up one of these.
Angie’s List hit with shareholder suit
The complaint charges the company and executives with misrepresenting the strength of the Indy-based firm’s business model, financial performance and future prospects.
Zoeller warns flood victims on scams
Indiana Attorney General Greg Zoeller has warned residents hit by rampaging floods to beware of scam artists. Zoeller said Monday that con artists often prey on home owners in heavily damaged areas, promising quick repairs to flooded structures. Zoeller recommended that home owners get written contracts before approving any work, and to never pay more than a third of project costs up front.