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Articles

BidPal names chief executive to replace Webber

October 9, 2014

BidPal Inc. has hired an executive with a diverse background in event production, digital media and technology to succeed longtime CEO and tech industry leader Scott Webber.

New faces at HHGregg aiming to right the ship

October 2, 2014

Over the last few years, HHGregg’s senior executives have been departing at a rapid clip, adding to instability at a time the chain was remaking itself to combat tumbling sales of consumer electronics. With the hiring of Chief Financial Officer Robert Riesbeck last month, the new team surrounding longtime CEO Dennis May is now in […]

Local pair wages battle against Manhattan financier

September 11, 2014

Jonathan Evans and Sean O’Connor of the Carmel investment firm JWEST LLC are trying to win election to the board of Rand Logistics, which they believe is being mismanaged by Chairman Laurence Levy.

Lender files to foreclose on downtown’s Villagio condos

August 15, 2014

First Horizon Home Loans claims the owner of the Villagio at Page Pointe still owes nearly $5.2 million on an $11.6 million loan and is asking a court to appoint a receiver to manage the property until it’s sold.

BidPal sees changes at top, cuts workforce

July 25, 2014

BidPal Inc., one of the Indianapolis-area’s fastest-growing companies in recent years, has reduced its workforce by 25 percent and is looking for a replacement for longtime CEO and local tech titan Scott Webber.

Want to lease a Lamborghini in Indy? Good luck

July 16, 2014

There is little appetite for spending ‘stupid money’ in Indianapolis, or just about anywhere in the Midwest, for that matter.

ExactTarget acquisition boosted Indy’s tech mojo, local execs say

July 10, 2014

Near the first anniversary of ExactTarget’s $2.5 billion purchase by Salesforce.com, local tech gurus explain how the acquisition lifted all ships by bringing new prestige, investment and expertise to the city.

Ex-Center Township trustee official charged with theft

July 1, 2014

Federal prosecutors on Tuesday charged former CFO Alan S. Mizen, 59, of Zionsville with theft and embezzlement of federal program funds. If found guilty, he faces up to 10 years in federal prison.

Ex-Center Township Trustee official faces charges

July 1, 2014

U.S. Attorney Joe Hogsett has scheduled a Tuesday afternoon press conference to announce the arrest of a former public official from the Center Township Trustee’s Office.

Longtime exec now in driver’s seat at marketer ExactTarget

May 30, 2014

Company observers praised the elevation of Scott McCorkle to CEO for his combination of tech smarts, people skills, and experience with international operations.

ExactTarget CEO Dorsey leaving company

May 30, 2014

Scott Dorsey, who co-founded ExactTarget in 2000, will be succeeded by Scott McCorkle, who currently is the company's president of technology and strategy.

Retailers see stagnating sales of consumer electronics

May 23, 2014

Already squeezed by tough competition from online retailers like Amazon.com and discount stores like Wal-Mart and Target, retailers like Best Buy and Sears have been cutting costs and revamping merchandise and store formats to attract customers.

Credit unions back to normal following unusual 2012 high

May 13, 2014

Net income growth among nine big credit unions serving the metro area moderated in 2013 after record earnings for the industry locally and largely across the nation in 2012.

Community posts healthy results, but short of expectations

May 12, 2014

Community brought in more revenue and profit from operations last year. But a spike in charity care caused margins to fall significantly short of expectations of Community executives.

HHGregg launches rebranding effort to improve sales

May 6, 2014

The electronics and appliance chain has unveiled a new logo and advertising spots, in addition to improvements to its website and delivery service, as it attempts to keep pace with competitors.

A silver lining for Endocyte

May 2, 2014

The news this morning couldn’t have been worse for Endocyte Inc. But if it had to come, the timing couldn’t have been better–because it allowed Endocyte to raise a pile of cash to spend on the other drugs in its pipeline.

Roche battles payment cuts while growing diagnostics business

April 28, 2014

Life Sciences Burris interview Watch VideoNew tests have helped Roche Diagnostics grow its North American revenue, excluding its troubled diabetes care business, 23 percent over the past five years. But the money for diagnostic tests continues to go down in key areas, noted CFO Wayne Burris.

IU Health doctors to do surgeries in Wisconsin

April 3, 2014

Indiana University Health was chosen by a hospital system in Wisconsin to provide heart, lung, esophagus and aorta surgeries there after the surgeons the hospital system had been using became employed by a competing provider.

Former HHGregg COO hired to lead bicycle retailer

March 31, 2014

BikeStreet announced Monday that it has hired Gregg W. Throgmartin as its CEO, the same day as his departure from HHGregg became official.

Health insurance brokers must change to survive

March 7, 2014

Employees, rather than employers, will soon choose their own health insurers—either through the Obamacare exchanges or through private exchanges. Does that mean health insurance brokers, the people who match up employers with insurers, will no longer be needed?

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